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    FOR LEASE
    Auto shops

    1678 E 233Rd St The, Bronx, NY 10466

    4,500 SF 0.17 ac lot Built 1967
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US63-6138081
    1678 E 233Rd St,Unit The, Bronx, NY 10466 For Lease
    $595,000 4,500 SF available
    1678 E 233Rd St,Unit The, Bronx, NY 10466
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    Property summary
    AI-generated overview

    This exceptional industrial property, located at 1678 East 233rd Street in The Bronx, New York (zip code 10466), offers a unique opportunity for businesses seeking a versatile warehouse space. The property features a total of 4,500 square feet of warehouse space, currently offering 7,500 square feet of vacant space. The building boasts a 14-foot ceiling height, providing ample vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading of goods. The property is zoned M3-1, allowing for a range of industrial uses. The property also includes 3,000 square feet of land, offering potential for expansion or outdoor storage. This former auto repair facility presents a blank canvas for customization, making it suitable for a variety of industrial and commercial applications. The property's location in The Bronx offers easy access to major transportation routes, facilitating seamless logistics and distribution. The APN is 4953-50. This single-tenant property is ready for immediate occupancy. Serious inquiries only.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1967
    Total area 4,500 SF
    Lot 0.17 ac (7,500 SF)
    Zoning code M3-1
    APN 04953-0050
    UPID US63-6138081
    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
    AI Approach AI
    $460k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $732k
    Blend (final) Blend
    $595k
    Owner & transaction history
    Mount Sinai Properties INC · 8 yrs held
    Mount Sinai Properties INC
    since 2017
    2 recorded transactions
    2017
    $650,000
    2006
    Zoning & alternative use
    M3-1 · Bronx, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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