421 Hunts Point Ave The Bronx, NY 10474
- Specialty properties
- 10,016 SF
- 0.24 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 421 Hunts Point Ave
- Year built
- 1931
- Lot size
- 0.24 lot acres
- Property size
- 10,016 SF
- Zone code
- M1-2
- Property type
- Specialty properties
- APN
- 02772-0213
- APU
- 27720213
Description
This exceptional 10,000 square foot industrial property, located at 421 Hunts Point Avenue in the Bronx, New York (zip code 10474), presents a unique investment opportunity. The building is currently fully vacant and offers flexible space options. The property is classified as industrial, encompassing manufacturing, warehouse, and distribution uses. It's divided into two suites, each a minimum of 5,000 square feet, with a maximum contiguous space of 5,000 square feet available. This allows for either a single large tenant or the possibility of two separate occupants. The building boasts a substantial 17-foot ceiling height, providing ample vertical space for various industrial applications. Situated in Bronx County, this property benefits from convenient access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. The property's versatility makes it suitable for a wide range of uses, including but not limited to distribution, storage, and wholesale operations. This is a rare chance to acquire a substantial industrial space in a prime Bronx location. Contact us today to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,220,000
- 6.5%
- $2,945,000
- 7%
- $3,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,095,000
- Geo Method
- $3,305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,690,000
- Retail
- $2,825,000
- Mixed-Use
- $3,225,000
- Hospitality
- $3,080,000
- Educational
- $3,005,000
- Residential Income
- $3,185,000
- Energy
- $2,880,000
- Income-Based Land
- $3,050,000
- Food Service
- $3,425,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8814
- Latitude
- 40.8098
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA