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    780 137Th St The Bronx, NY 10454

    Sponsored
    For Sale
    Contact for pricing

    10,525 SF fenced lot, Port Morris, near subways.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,525 square foot industrial lot presents a rare investment opportunity in the thriving Port Morris section of The Bronx, New York. Located at 780 East 137th Street, this property boasts a desirable corner location with two-street frontage, providing excellent accessibility and visibility. The lot measures 52.5 feet by 200.5 feet and is fully paved and fenced, featuring two convenient curb cuts. Its M1-2 zoning permits a substantial buildable area, allowing for a commercial building of up to 21,050 square feet or a facility of up to 50,520 square feet. The property's strategic location offers easy access to subway lines, providing seamless connectivity to Manhattan and other boroughs. Its proximity to Port Morris and Mott Haven places it within a dynamic and rapidly developing area. This versatile lot is ideal for a variety of uses, including vehicle parking, equipment storage, distribution centers, and businesses serving the electric vehicle or battery industries. Annual real estate taxes are approximately $21,000. This presents a compelling opportunity for investors seeking strong returns, developers looking for a prime location, or those executing a 1031 exchange. The APN is 25088-08. The property is located in Bronx County, New York, zip code 10454.

    Property Features for 780 137Th St

    General Information

    Property type
    Land

    HighLights

    • 52.5' x 200.5' lot.
    • Paved and fenced lot with two curb cuts.
    • Corner lot with two‑street frontage.
    • Walking distance to subway.
    • Located in Port Morris/Mott Haven.
    • 21,050 sq ft commercial buildable area; 50,520 sq ft total buildable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.91152
    Latitude
    40.8031636

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    FAQs

    What type of property is this?
    Land - 10,525 SF fenced lot, Port Morris, near subways.
    Where is this land located?
    The property is located at 780 137Th St The Bronx, NY.
    What are key features of this property?
    This property features: 52.5' x 200.5' lot.; Paved and fenced lot with two curb cuts.; Corner lot with two-street frontage.
    Request Owner's contact information
    780 137Th St The Bronx, NY 10454
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    The Bronx, NY 10454
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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
    780 137Th St The Bronx, NY 10454
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