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    421 Hunts Point Ave The Bronx, NY 10474

    Sponsored
    For Lease
    Contact for pricing

    10,000 SF Bronx Industrial Building

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10,000 square foot industrial property, located at 421 Hunts Point Avenue in the Bronx, New York (zip code 10474), presents a unique investment opportunity. The building is currently fully vacant and offers flexible space options. The property is classified as industrial, encompassing manufacturing, warehouse, and distribution uses. It's divided into two suites, each a minimum of 5,000 square feet, with a maximum contiguous space of 5,000 square feet available. This allows for either a single large tenant or the possibility of two separate occupants. The building boasts a substantial 17-foot ceiling height, providing ample vertical space for various industrial applications. Situated in Bronx County, this property benefits from convenient access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. The property's versatility makes it suitable for a wide range of uses, including but not limited to distribution, storage, and wholesale operations. This is a rare chance to acquire a substantial industrial space in a prime Bronx location. Contact us today to learn more about this exciting opportunity.

    Property Features for 421 Hunts Point Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Warehouse
    Size
    5,000 SF
    Space
    Vacant Bank
    Size
    5,000 SF

    HighLights

    • 5,000 SF warehouse space available.
    • 5,000 SF former bank building for lease.
    • 17' clear ceiling height.
    • Suitable for retail, medical, or distribution uses.
    • Excellent highway and public transportation access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -73.8814623
    Latitude
    40.8098639

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Bronx Industrial Building
    Where is this distribution property located?
    The property is located at 421 Hunts Point Ave The Bronx, NY.
    What are key features of this property?
    This property features: 5,000 SF warehouse space available.; 5,000 SF former bank building for lease.; 17' clear ceiling height.
    Request Owner's contact information
    421 Hunts Point Ave The Bronx, NY 10474
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    The Bronx, NY 10474
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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
    421 Hunts Point Ave The Bronx, NY 10474
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