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South Bronx Industrial/Office Building
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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 Market131

Property Features for 753-755 East 134th Street

General Information

Standard status Active
Size 35,000 SF
Property subtype Industrial, Office
Listing Agency: Tri State Commercial
Listed By: Shlomi Bagdadi · License #NY 10311204539
Source: Crexi
Added: Mar 27 Changed: Jul 10 Last Checked: Aug 3 at 1:50PM

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 For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $2.10M $60.00
− Vacancy −$315.0k −$9.00
EGI $1.79M $51.00
− OpEx −$669.4k −$19.13
NOI $1.12M $31.88
35,000 SF · lease $60.00/SF/yr · vacancy 15.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$15.94M
$13.95M – $18.59M (±1% cap)
NOI $1,115,625 @ 7.0% cap · market cap 8.42%
Second Best
Office B
$15.66M
$13.70M – $18.27M (±1% cap)
NOI $1,095,945 @ 7.0% cap · market cap 8.27%
Theoretical Best
Specialty Retail
$87.12M
$76.23M – $101.64M (±1% cap)
NOI $6,098,400 @ 7.0% cap · market cap 46.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Nursing Home Acupuncture Carpet & Flooring Store Catering Service

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

1,066
Businesses Nearby

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

Properties on Market for Mixed-use properties in Bronx County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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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.
(718) 437-6100 Call to check price and availability
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