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    343 233Rd St The Bronx, NY 10470

    Sponsored
    For Lease
    $20 SF/Yr

    Spacious Bronx warehouse, ideal for various uses.

    Lot size:
    7,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,670-square-foot warehouse, located at 343 E 233rd St in the Bronx, NY 10470, presents a compelling investment opportunity. The property boasts a single-tenant occupancy and is classified as industrial. The warehouse features a substantial 20-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by a 14-foot roll-up drive-in door, ensuring efficient loading and unloading of goods. While limited parking is available directly in front of the building, the location offers incredible access to major highways and public transportation, making commuting and logistics exceptionally convenient. Situated near the Westchester County line, this property benefits from a strategic location. The C8-1 zoning designation allows for a wide range of uses, including school and community facilities, warehouse and distribution centers, contractor operations, light manufacturing, media and entertainment businesses, craft and trade workshops, and more. This versatility makes the property attractive to a diverse pool of potential tenants. The property's size, features, and zoning flexibility make it a highly desirable asset in a dynamic market. This is a rare opportunity to acquire a well-located, functional warehouse with significant potential for growth and return on investment.

    Property Features for 343 233Rd St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,670 SF

    Unit(s) available at that property

    Space
    Size
    7,670 SF
    Rate per SF
    $20

    HighLights

    • Excellent I‑87 and Bronx River Parkway access.
    • Convenient Metro‑North, NYC Subway, and bus lines nearby.
    • High ceilings (20') and 14' drive‑in door, sprinkler system installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.864828743295
    Latitude
    40.896026679488

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    FAQs

    What type of property is this?
    Distribution property - Spacious Bronx warehouse, ideal for various uses.
    Where is this distribution property located?
    The property is located at 343 233Rd St The Bronx, NY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-87 and Bronx River Parkway access.; Convenient Metro-North, NYC Subway, and bus lines nearby.; High ceilings (20') and 14' drive-in door, sprinkler system installed.
    Request Owner's contact information
    343 233Rd St The Bronx, NY 10470
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    The Bronx, NY 10470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    343 233Rd St The Bronx, NY 10470
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