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425 Devoe Ave The Bronx, NY 10460

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89,750 SF Warehouse, Bronx, NY

Property size:
89,750 SF

Property Features for 425 Devoe Ave

General Information

Property type
Distribution properties
Square Feet
89,750 SF

Building Details

Stories
3

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Listing Contact
Jason Gold
Jason Gold

Listing Agency: Ariel Property Advisors Listing Agent: Jason Gold

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 89,750-square-foot warehouse in the Bronx, New York, presents a compelling investment opportunity. Priced at $10,750,000, this three-story industrial property boasts a versatile layout ideal for various uses. The building features 40,097 square feet of net rentable space, strategically divided across three floors: a ground level of 36,000 square feet (divisible), a lower level of 30,000 square feet, a second floor of 15,750 square feet (divisible), and an 8,000-square-foot divisible third floor. Ceiling heights range from 10 to 20 feet, accommodating diverse storage and operational needs. The property includes covered truck-level loading docks, four drive-in doors, and a new 8,000-pound freight elevator, enhancing efficiency and accessibility. An upgraded electrical service further enhances operational capabilities. Situated on a 40,097-square-foot lot, the land value is $120 per square foot. The M1-1 zoning permits light manufacturing, expanding potential uses. Currently, an in-place ICAP is utilized for self-storage. Its prime location offers convenient access to the 2/5 subway lines, the Cross Bronx Expressway (I-95), and the Sheridan Expressway, providing seamless connectivity to Manhattan and the Tri-state area. This property offers a unique blend of functionality, location, and potential for significant return on investment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quality Door Hardware & Home Improvement

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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
-73.8770567
Latitude
40.840997

FAQs

What type of property is this?
Distribution property - 89,750 SF Warehouse, Bronx, NY
Where is this distribution property located?
The property is located at 425 Devoe Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $10,750,000.
What are key features of this property?
This property features: 90,000 SF warehouse/industrial property.; Features include multiple truck-level loading docks, four drive-in doors, a new 8,000 lb freight elevator, and upgraded electrical service.; M1-1 zoning (Light Manufacturing District).
(212) 544-9500 Call to check price and availability
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