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    1360 Garrison Ave The Bronx, NY 10474

    Sponsored
    For Sale
    Contact for pricing

    Three-story loft, large lot, high income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Bronx property offers a unique blend of commercial space and land, presenting a compelling investment opportunity. The property encompasses a three-story, 15,500 square foot loft building situated on a 5,000 square foot lot, measuring 105' x 100'. The building itself boasts dimensions of 102' x 50' and features 14-foot ceilings, a freight elevator, and a wet sprinkler system. Recent renovations include the installation of energy-efficient LED lighting. Significant added value comes from the inclusion of a separate 5,000 square foot private parking area (50' x 100'). The property is zoned M1-2, HP, making it suitable for a variety of uses, including showroom/headquarters offices, manufacturing, and storage facilities. With a projected annual net income of $300,000, this property is ideal for owner-occupancy or as a lucrative investment. The APN is 2761-219. Located at 1360 Garrison Avenue, The Bronx, NY 10474.

    Property Features for 1360 Garrison Ave

    General Information

    Property type
    Industrial live-work properties

    HighLights

    • 105' x 100' lot; 15,500 SF, three‑story building (102' x 50'); 5,000 SF private parking area (50' x 100').
    • 14' ceiling height; freight elevator; wet sprinkler system; LED lighting upgrades.
    • M1‑2, HP zoning; suitable for showroom/headquarters, manufacturing, and storage.
    • Projected annual net income: $300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sustainable South Bronx Association / Organization The HOPE Program Non-Profit Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -73.8850453
    Latitude
    40.8211675

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    FAQs

    What type of property is this?
    Industrial live-work property - Three-story loft, large lot, high income potential.
    Where is this industrial live-work property located?
    The property is located at 1360 Garrison Ave The Bronx, NY.
    What are key features of this property?
    This property features: 105' x 100' lot; 15,500 SF, three-story building (102' x 50'); 5,000 SF private parking area (50' x 100').; 14' ceiling height; freight elevator; wet sprinkler system; LED lighting upgrades.; M1-2, HP zoning; suitable for showroom/headquarters, manufacturing, and storage.
    (718) 371-6412
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    1360 Garrison 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
    1360 Garrison Ave The Bronx, NY 10474
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