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    203 Canal St The Bronx, NY 10451

    Sponsored
    For Lease
    $21 SF/Yr ($15,312 /Mo)

    Spacious Bronx warehouse, ideal for various uses.

    Lot size:
    8,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,750-square-foot warehouse in the Bronx, NY, is available for lease. Located at 203 Canal St W (also known as 2520 Park Ave), this single-story building offers a versatile, column-free layout with 18-foot ceilings, perfect for a range of industrial or commercial applications. The property boasts two drive-in doors, providing convenient access and operational efficiency. Situated in an M1-4R7X zoning district, it benefits from dual street frontages and excellent visibility, particularly from the Metro-North Railroad. The warehouse features an overhead door on a two-way side street, enhancing accessibility and logistical ease. Its strategic location offers unparalleled connectivity, being just one block from the 4 and 5 subway lines and minutes from the Major Deegan Expressway, ensuring seamless transportation for employees and goods. With a 51.8-foot frontage and a total of 8,750 square feet of vacant space, this property presents a significant opportunity for businesses seeking a prominent location and efficient operational space in the Bronx. The address is 203 Canal St W, Bronx, NY 10451, and the cross street is 138th St.

    Property Features for 203 Canal St

    General Information

    Property type
    Industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,750 SF
    Total Rate
    15312.5

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,750 SF
    Rate per SF
    $21

    HighLights

    • 18‑foot clear ceiling height, column‑free.
    • Pass‑through property with two street frontages.
    • Pass‑through property with two street frontages.
    • Two‑way side street access with overhead door.
    • One block from the 4 and 5 subway lines.
    • Minutes from the Major Deegan Expressway.
    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 Building Supply Clothing Store Auto Repair Shop

    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
    -73.929777159141
    Latitude
    40.81172547297

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    FAQs

    What type of property is this?
    Industrial property - Spacious Bronx warehouse, ideal for various uses.
    Where is this industrial property located?
    The property is located at 203 Canal St The Bronx, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 18-foot clear ceiling height, column-free.; Pass-through property with two street frontages.; Pass-through property with two street frontages.
    Request Owner's contact information
    203 Canal St The Bronx, NY 10451
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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
    203 Canal St The Bronx, NY 10451
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