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

    55,000 SF Built 1992
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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