South Bronx Industrial/Office
For Sale
Contact for pricing
753-755 East 134th Street, New York City, NY 10454
Four-story industrial/office building in the Mott Haven section.
Property Size35,000 SF
Price / SF$378.57
Days on Market196
Property Features for 753-755 East 134th Street
General Information
Standard status
Active
Size
35,000 SF
Property subtype
Office, Industrial
Zoning
M1-2
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$340,263
Building Details
Buildings
1
Stories
4
Tenancy
Multi
Listing Agency:
Tri State Commercial
Listed By:
Shlomi Bagdadi · License #NY 10311204539
(718) 437-6100
Source:
Crexi
Added: Mar 27
Changed: Sep 29
Last Checked: Oct 7 at 11:38AM
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 Tri State Commercial
Investment Insights
Based on property information with market context.
Located in the Mott Haven section of the South Bronx, 753-755 East 134th Street is a four-story industrial/office building suitable for owner-users or investors. The property features flexible industrial and office layouts. It is equipped with a dedicated loading dock, roll-up gates, and freight and passenger elevators. Large windows provide natural light, and an outdoor terrace adds an amenity. The building benefits from access to major highways and transportation routes. Situated in an industrial and commercial corridor, the area offers connectivity to Manhattan and across the Bronx and Queens through subway lines and bus routes. The surrounding area includes industrial, office, and residential uses. The property size is 35000 square feet.
Key Highlights
- Ideal for owner‑occupiers or investors with flexible industrial and office layouts.
- Located in the heart of the South Bronx's active industrial and mixed‑use corridor (Mott Haven).
- Equipped with a dedicated loading dock, roll‑up gates, and freight and passenger elevators for efficient operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,115,625
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,312,500
$22.3M
Cap Rate 7%
$15,937,500
$15.9M
Cap Rate 9%
$12,395,833
$12.4M
Market Conditions
NOI Build-Up for 35,000 SF
Gross rent
$2.10M $60.00/SF
− Vacancy
−$315.0K −$9.00/SF
EGI
$1.79M $51.00/SF
− OpEx
−$669.4K −$19.13/SF
NOI
$1.12M $31.88/SF
Area
New York, NY
Vacancy
15.00%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,312,500
Cap Rate 7%
$15,937,500
Cap Rate 9%
$12,395,833
Alternative Uses
Best Use
Mixed Use
$15.94M
$13.95M – $18.59M
NOI $1,115,625 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$87.12M
$76.23M – $101.64M
NOI $6,098,400 @ 7.0% cap · market cap 46.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,949
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story industrial/office building in the Mott Haven section.
Where is this mixed-use property located?
The property is located at 753-755 East 134th Street New York City, NY.
What is the asking price?
The asking price for this property is $13,250,000.
What are key features of this property?
This property features: Ideal for owner‑occupiers or investors with flexible industrial and office layouts.; Located in the heart of the South Bronx's active industrial and mixed‑use corridor (Mott Haven).; Equipped with a dedicated loading dock, roll‑up gates, and freight and passenger elevators for efficient operations.
