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Property profile & analytics

450 Timpson Pl Bronx, NY 10455-4908

  • Warehouses
  • 27,000 SF
  • 0.98 lot acres
OFF-MARKET
Last Sale
Jan 21, 2025
$8,200,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-2061578
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 450 Timpson Pl

Year built
1925
Lot size
0.98 lot acres
Property size
27,000 SF
Zone code
M1-3
Property type
Warehouses
APN
02600-0079
APU
26000079

Description

This exceptional investment opportunity presents a 43,500-square-foot industrial property in the thriving Mott Haven section of The Bronx, New York (APN 2600-79). The property boasts a 26,000-square-foot warehouse featuring a 30-foot ceiling height, four drive-in doors, and substantial utility services including 2,500 amps of electrical service and heavy gas service. A 5,250-square-foot mezzanine adds valuable extra space. An additional 17,500 square feet of land provides significant development potential. The property benefits from street-to-street access and a highly convenient location near five major highways, offering easy access to Manhattan and other key areas. The M1-3 zoning allows for a Commercial FAR of 5 (217,500 buildable square feet) and a Facility FAR of 6.5 (282,750 buildable square feet), presenting substantial upside for future development. Annual real estate taxes are approximately $110,000. This is a rare chance to acquire a well-located, versatile industrial property with significant growth potential in a rapidly developing market.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.9057
Latitude
40.8097
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$109,236
$137,250
$894,060
$1,031,310
-
$305,000
$2,303,000
$2,608,000
More about this property
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