610 Tiffany St The Bronx, NY 10474
- Manufacturing properties
- 7,500 SF
- 0.17 lot acres
Current Use by Public Records
- Whose Catering US / Caterer
Property Details for 610 Tiffany St
- Year built
- 1928
- Lot size
- 0.17 lot acres
- Property size
- 7,500 SF
- Zone code
- M1-2
- Property type
- Manufacturing properties
- APN
- 02765-0115
- APU
- 27650115
Description
This exceptional 31,000-square-foot warehouse, situated at the entrance to the Hunts Point Market in The Bronx, New York, presents a unique investment opportunity. The single-story building, comprised of three separate tax lots (APN: 2765-115, 118, 123), boasts a highly desirable location, offering convenient access to Bruckner Boulevard and the subway, with easy access to Manhattan. Its strategic position on a double-wide street, a primary artery connecting the tri-state area to the Hunts Point Food Distribution Center, ensures high visibility and accessibility. The warehouse features six drive-in doors and three internal divisions, making it perfect for owner-operators seeking to maximize efficiency or investors looking to lease to multiple tenants (separate utilities are in place). The building's specifications include a 300' x 100' footprint, 1,000 square feet of office space, 16' to 18' ceiling clearance, sprinklers throughout, gas radiant heat, and a robust 1800-amp electric service. Recent improvements include a new roof installed in 2022. The property is zoned M1-2, HP and is designated a Qualified Opportunity Zone. Annual real estate taxes are approximately $110,000. This versatile property is suitable for a variety of uses, including warehousing, distribution, parking, and manufacturing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $425,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $400,000
- Mixed-Use
- $395,000
- Hospitality
- $415,000
- Educational
- $410,000
- Residential Income
- $345,000
- Energy
- $460,000
- Income-Based Land
- $405,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8904
- Latitude
- 40.8122
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
