New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,060,000
Warehouses
175 Canal W St 201, Bronx, NY 10451-1998
Entity Owned
Free & Clear
Property ID
US63-1639775
Property summary
AI-generated overview
This exceptional 38,738-square-foot warehouse in the Mott Haven section of the Bronx, New York, is offered for sale at $13,500,000 ($348.50/sq ft). The single-story building boasts 25-foot ceilings, six dock-high doors, and substantial power (1,600 amps). Its strategic location provides excellent exposure to the Major Deegan Expressway, convenient subway access, and proximity to two toll-free Manhattan bridges. The property sits on a 38,514-square-foot lot and is zoned M1-4. Recent improvements include a new roof, conversion of 5,000 square feet of office space back into clear-span warehouse space, and new lighting. The layout is easily adaptable
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1931
Total area
38,738 SF
Lot
0.88 ac (38,514 SF)
Zoning code
M1-4
APN
02322-0001
UPID
US63-1639775
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
Current use
Occupant on record · Public records
-
Aqua Moving Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.06M
Owner & transaction history
Terreno Canal Street LLC
Terreno Canal Street LLC
since 2026
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
M1-4 · Bronx, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bronx submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bronx submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,015,000
Current use
INDUSTRIAL (GENERAL)
$14,395,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$14,130,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$9.06M
Range $8.15M – $9.97M · ±10% · vs last sale $9.75M (Feb 24 2026)
Last sale anchor
$9.75M
Feb 24 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$234 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$234,898
Tax year 2024
Assessed value
$2,217,690
Assessed 2024
Previous assessed
$2,160,360
+2.7% YoY
Effective rate
10.59%
On assessed value
Assessed land
$294,840
Assessed improvement
$1,922,850
Land market value
$963,000
Improvement market value
$4,104,000
Total market value
$5,067,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
38,738 SF
Lot
0.88 ac (38,514 SF)
Zoning code
M1-4
APN
02322-0001
UPID
US63-1639775
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · Bronx, NY
Zoning M1-4 · permitted uses
M1-4 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bronx. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.0M
INDUSTRIAL (GENERAL)
Est. value
$14.4M
OFFICE BUILDING
Est. value
$14.1M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Terreno Canal Street LLC
Entity
Free & Clear · 0 yrs held
Mailing address
27 BRUCKNER BLVD, BRONX, NY 10454-4487
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$9,750,000
Terreno Canal Street LLC
99 Evergreen LLC
Deed
—
Sep 25, 2019
$11,575,000
99 Evergreen LLC
185 Csw Realty LLC
Grant Deed
$5,750,276 · Dime Cmnty Bk
Sep 25, 2019
—
99 Evergreen LLC
—
Loan Modification
related
$8,681,250 · Dime Cmnty Bk
Aug 16, 2013
$4,250,000
185 Csw Realty LLC
Claran Realty LLC
Grant Deed
—
Jun 1, 2005
$2,650,000
Claran Realty LLC
J Park Place LLC
Deed
$2,100,000 · Wachovia Bank, National Association
May 24, 2004
—
2500 Park Avenue Realty LLC
2500 Park Avenue Realty Corp
Quit Claim Deed
related
—
May 24, 2004
$900,000
J Park Place LLC
2500 Park Avenue Realty LLC
Grant Deed
—
—
—
185 Csw Realty LLC
—
Deed Of Trust
related
$3,390,000 · Bridgehampton Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 175 Canal W St, Unit 201?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
