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Five-Story Flex Building
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389 Rider Avenue, Mott Haven, NY 10451

Floor-through commercial space with freight elevator access, loading docks, and a drive-in garage.

Property SizeContact for details
Days on Market145

Property Features for 389 Rider Avenue

General Information

Standard status Active
Property subtype Industrial
Listing Agency: SERHANT
Listed By: Chris Gillis · License #NY 10401290175
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:26AM

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

Investment Insights

Based on property information with market context.

This five-story flex property contains 31,250 SF in an elevator-served, block-through commercial building. Floor-through units provide open layouts, high ceilings, natural light and air, plus direct freight elevator access on every floor. Multiple loading docks serve Canal Place, while a drive-in garage connects to Rider Avenue. Two stairwells, full sprinkler coverage, and functioning heating and mechanical systems support the existing configuration. The building may be delivered vacant and gutted for repositioning.

The property has 100 feet of combined frontage with entrances on both Rider Avenue and Canal Place, in the Mott Haven neighborhood of the South Bronx. M1-2 zoning permits a broad range of industrial and commercial applications, including office, hotel, houses of worship, select retail, and community facilities. The rooftop is leased to T-Mobile for an antenna through 2030, with annual increases and extension options.

Key Highlights

  • 31,250 SF, five‑story elevator building with floor‑through units
  • 100 feet of combined frontage with entrances on Rider Avenue and Canal Place
  • Multiple loading docks on Canal Place plus a drive‑in garage via Rider Avenue

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Acupuncture Computer & Electronic Repair Travel Agency Gym & Fitness Center 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.

Location Intelligence

Trade Area within ½ mile

5,617
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?
Flex space - Floor-through commercial space with freight elevator access, loading docks, and a drive-in garage.
Where is this flex space located?
The property is located at 389 Rider Avenue Mott Haven, NY.
What are key features of this property?
This property features: 31,250 SF, five‑story elevator building with floor‑through units; 100 feet of combined frontage with entrances on Rider Avenue and Canal Place; Multiple loading docks on Canal Place plus a drive‑in garage via Rider Avenue
More about this property
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