343 233Rd St The Bronx, NY 10470
- Warehouses
- 7,498 SF
- 0.26 lot acres
Current Use by Public Records
- Warehouses
Property Details for 343 233Rd St
- Year built
- 1957
- Lot size
- 0.26 lot acres
- Property size
- 7,498 SF
- Zone code
- C8-1
- Property type
- Warehouses
- APN
- 03382-0065
- APU
- 33820065
Description
This exceptional 7,670-square-foot warehouse, located at 343 E 233rd St in the Bronx, NY 10470, presents a compelling investment opportunity. The property boasts a single-tenant occupancy and is classified as industrial. The warehouse features a substantial 20-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by a 14-foot roll-up drive-in door, ensuring efficient loading and unloading of goods. While limited parking is available directly in front of the building, the location offers incredible access to major highways and public transportation, making commuting and logistics exceptionally convenient. Situated near the Westchester County line, this property benefits from a strategic location. The C8-1 zoning designation allows for a wide range of uses, including school and community facilities, warehouse and distribution centers, contractor operations, light manufacturing, media and entertainment businesses, craft and trade workshops, and more. This versatility makes the property attractive to a diverse pool of potential tenants. The property's size, features, and zoning flexibility make it a highly desirable asset in a dynamic market. This is a rare opportunity to acquire a well-located, functional warehouse with significant potential for growth and return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $420,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $390,000
- Mixed-Use
- $485,000
- Hospitality
- $510,000
- Educational
- $390,000
- Residential Income
- $480,000
- Energy
- $450,000
- Income-Based Land
- $390,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8651
- Latitude
- 40.8961
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA