805 136Th St The Bronx, NY 10454
- Warehouses
- 2,486 SF
- 0.34 lot acres
Current Use by Public Records
- Warehouses
Property Details for 805 136Th St
- Year built
- 1931
- Lot size
- 0.34 lot acres
- Property size
- 2,486 SF
- Zone code
- M1-2
- Property type
- Warehouses
- APN
- 02588-0014
- APU
- 25880014
Description
This exceptional offering presents a rare opportunity to acquire a substantial industrial property in the highly sought-after Port Morris section of the Bronx. The property encompasses a 20,500 square foot warehouse and an adjacent 15,000 square foot lot, totaling .82 acres (35,500 square feet). The warehouse boasts 15-foot clear ceilings, heavy 1200 amp electrical service, gas heat, and convenient drive-through access to a 15,500 square foot parking area. The building also includes approximately 600 square feet of office space and a wet sprinkler system. The lot dimensions are approximately 140' x 145' for the warehouse and 75' x 200' for the adjacent land. This street-to-street property benefits from its prime location, offering easy access to major transportation arteries including the subway and the RFK and Willis Avenue Bridges. Its proximity to Manhattan and other boroughs makes it an ideal last-mile distribution center. The estimated annual real estate taxes are $82,000. The property's location is further enhanced by its proximity to notable businesses such as Silvercup Studios, Fresh Direct, FedEx, The Bronx Brewery, and the New York Post, highlighting the area's vibrant industrial and commercial activity. This property is zoned M1-2 and the APN is 2588-14, 73. This is an outstanding investment opportunity for warehouse and distribution businesses, contractors, parking and equipment storage operators, and developers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $390,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $375,000
- Mixed-Use
- $435,000
- Hospitality
- $370,000
- Educational
- $415,000
- Residential Income
- $395,000
- Energy
- $370,000
- Income-Based Land
- $440,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9112
- Latitude
- 40.8029
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA