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    Property profile & analytics
    OFF-MARKET Estimated value $5,335,000
    Warehouses

    415 167th St, Bronx, NY 10456-4037

    20,732 SF 0.48 ac lot Built 1931
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-0125882
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a substantial 20,732-square-foot warehouse situated on a sizable 0.42-acre lot in the heart of the Bronx, New York. Boasting a prominent corner location, the property benefits from excellent signage and high visibility due to its position at a signalized intersection. The building features impressive 20-foot ceilings, providing ample vertical space for various uses. Three strategically placed curb cuts, along with 32 on-site parking spaces, ensure convenient access and ample parking for employees and customers. The property is zoned M1-1, offering flexibility for a range of commercial applications. Further enhancing its functionality are three roll-up doors and three-phase power. Its strategic location provides easy access to major transportation arteries, including I-95, I-278, and I-87, placing it within minutes of Yankee Stadium. The surrounding area is densely populated with established businesses, including Verizon, T-Mobile, Home Depot, Extra Space Storage, CVS, Walgreens, and many more, indicating a strong and vibrant commercial environment. The property can be delivered vacant upon request. Annual property taxes are $38,751. This property presents significant upside potential for investors, developers, and end-users seeking a prime location with substantial space and excellent accessibility. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly growing area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1931
    Total area 20,732 SF
    Lot 0.48 ac (20,699 SF)
    Zoning code M1-1
    APN 02394-0034
    UPID US63-0125882
    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
    • New Family Garage Parking Lot & Garage
    • K&B Global Wholesale NY Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.50M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.16M
    Blend (final) Blend
    $5.34M
    Owner & transaction history
    Brook Valley LLC · 3 yrs held
    Brook Valley LLC
    since 2022
    Last sale
    $5.3M
    6 recorded transactions
    2023
    2022
    $5.3M
    2006
    $1.4M
    1998
    $215,000
    1997
    $125,000
    1969
    Zoning & alternative use
    M1-1 · Bronx, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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