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Single-Story Flex Space
For Lease
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687-689 E 137th The, Bronx, NY 10454

M1-2 zoning accommodates offices, light manufacturing, wholesale services, and storage facilities.

Space Size10,000 SF
Days on Market1515

Property Features for 687-689 E 137th The

General Information

Standard status Active
Size 10,000 SF
Net Rentable 5,000 SF
Class C
Total Parking Spaces 75000
Elevators No
Property subtype Industrial
Zoning M1-2

Space & Availability

Available Space 5,000-10,000 SF
Contiguous Space 10,000 SF
Divisible Yes

Additional Details

Clear Span Yes

Building Details

Building Size 10,000 SF
Buildings 1
Stories 1
Tenancy Single

Spaces For Lease

at 687-689 E 137th The Contact us

Available Space

Size
10,000 SF
Type
Industrial
Availability
Active
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Listing Agency: Lee & Associates - New York
Listed By: Steve Lorenzo · License #NY
Source: Crexi
Added: Jul 9, 2022 Changed: Aug 30 Last Checked: Aug 30 at 5:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - New York

Investment Insights

Based on property information with market context.

This one-story flex property contains 10,000 square feet with open, column-free floor areas and high ceilings. The building is currently configured as two 5,000-square-foot sections, with an adjacent parking area. There are no loading docks or elevators.

Located in the South Bronx, the property is near the 500,000-square-foot FreshDirect site under development, Port Morris Distillery and restaurant, The Bronx Brewery, and a residential project on East 133rd Street. M1-2 zoning provides for professional offices, hotel use, light manufacturing shops, wholesale services, and storage facilities.

Key Highlights

  • 10,000‑square‑foot one‑story flex building
  • Currently subdivided into two 5,000‑square‑foot sections
  • Open, column‑free floor areas with high ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Computer & Electronic Repair Travel Agency Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,412
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Similar Off Market Nearby

  • Gourmondo 704 E 141st St, Bronx, NY 10454
  • Sabor Vanyelly 869 e 147th st, the bronx, ny 10455
  • Great Performances 17 Canal Pl, Bronx, NY 10451
  • TasteeD's Catering 300 E 143rd St #13A, Bronx, NY 10451

Frequently Asked Questions

What type of property is this?
Flex space - M1-2 zoning accommodates offices, light manufacturing, wholesale services, and storage facilities.
Where is this flex space located?
The property is located at 687-689 E 137th The Bronx, NY.
What are key features of this property?
This property features: 10,000‑square‑foot one‑story flex building; Currently subdivided into two 5,000‑square‑foot sections; Open, column‑free floor areas with high ceilings
(845) 629-1640 Call to check price and availability
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