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Vacant Multi-Story Warehouse Complex
For Sale
$9,999,999

321 CANAL PL, Bronx, NY 10451

Two vacant industrial buildings offer flexible warehouse, manufacturing, and logistics configurations with loading and freight-elevator infrastructure.

Property Size56,200 SF
Price / SF$177.94
Days on Market12

Property Features for 321 CANAL PL

General Information

Standard status Active
Size 56,200 SF
Property subtype Industrial

Amenities

Central Air
3
Parking.
Garage, Lot.

Building Details

Year Built 1931
Listing Agency: Serhant East End LLC
Listed By: Damian Andraka
Source: Xome
Added: Aug 20 Changed: Aug 30 Last Checked: Aug 30 at 11:38PM

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 Serhant East End LLC

Investment Insights

Based on property information with market context.

This two-building warehouse property combines approximately 56,200 SF of industrial space on a shared 18,091 SF (0.415-acre) lot. The 2564 Park Avenue building contains approximately 20,950 SF across three stories, with open floor plates, two large gate doors, and a street-level drive-in freight elevator. The 5 Canal Place building adds approximately 35,250 SF over five stories, with climate control on every floor, two loading-dock gate doors, and an 8,000 LB-capacity freight elevator serving each floor. A passenger elevator and two staircases support vertical circulation, while a gated side yard provides parking or outdoor storage.

The property is located one block from the 4/5 subway station at 138th Street and one block from I-87, with the Madison Avenue Bridge into Manhattan three blocks away. Zoning is M1-2, M1-4/R7X, and MX-13, supporting the stated warehouse, light manufacturing, commercial, and mixed-use possibilities. Both buildings are delivered vacant, and the property includes truck access and circulation.

Key Highlights

  • Approximately 56,200 SF across two industrial buildings
  • 2564 Park Avenue: 20,950 SF, three stories, and two large gate doors
  • 5 Canal Place: 35,250 SF, five stories, with climate control on each floor

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Dental Office

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

Location Intelligence

Trade Area within ½ mile

5,870
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10451, NY

51,536
Population
21,850
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
74%
High-School Grad
1.1 sq mi
ZIP Area
46,851
Density / Sq Mi
$37,111
Median Household Income
$35,765
Median Earnings
$1,269
Median Rent
$263,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Two vacant industrial buildings offer flexible warehouse, manufacturing, and logistics configurations with loading and freight-elevator infrastructure.
Where is this warehouse located?
The property is located at 321 CANAL PL Bronx, NY.
What is the asking price?
The asking price for this property is $9,999,999.
What are key features of this property?
This property features: Approximately 56,200 SF across two industrial buildings; 2564 Park Avenue: 20,950 SF, three stories, and two large gate doors; 5 Canal Place: 35,250 SF, five stories, with climate control on each floor
More about this property
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