Property profile

0 Major Cash & Carry Wholesale Warehouse Distributor New York, NY 10451

OFF-MARKET
Warehouses
55,000 SF Built 1992
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 55,000-square-foot warehouse in the Bronx, NY (zip code 10451), presents a lucrative investment opportunity. Built in 1992 and recently renovated, this retail and industrial property boasts a prime location at the entrance to a thriving commercial zone in the Tri-State area. The facility serves as a major cash & carry wholesale distributor, supplying regional supermarkets, convenience stores, and bodegas with over 6,000 non-perishable food items, over-the-counter drugs, beauty aids, and other dry goods. The well-organized warehouse is fully stocked, utilizing pallet racking throughout the selling floor, and features a newly equipped frozen food section with walk-in refrigeration and display cases. Seven loading docks and ample parking accommodate efficient operations. The business, established 31 years ago, consistently delivers a positive customer experience, resulting in year-over-year growth, with 2023 projected as the best year yet. Sales are meticulously recorded, and the business benefits from online ordering and sales agents. The property includes an advanced security camera system and alarm, and the company owns four delivery trucks. The asking price is $14,500,000. This is a rare chance to acquire a thriving, established business with significant growth potential in a high-demand location.

Property profile

Verified
Property type Warehouses
Year built 1992
Total area 55,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Major Cash & Carry Wholesale Warehouse Distributor New York, NY 10451
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Major Cash & Carry Wholesale Warehouse Distributor?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message