Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $8,930,000
    Warehouses

    450 Timpson Pl, Bronx, NY 10455-4908

    27,000 SF 0.98 ac lot Built 1925
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2061578
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1925
    Total area 27,000 SF
    Lot 0.98 ac (42,500 SF)
    Zoning code M1-3
    APN 02600-0079
    UPID US63-2061578
    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
    $8.48M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $10.84M
    Blend (final) Blend
    $8.93M
    Owner & transaction history
    Bronx Shores Energy Storage LLC · 3 yrs held
    Bronx Shores Energy Storage LLC
    since 2023
    Last sale
    $8.2M
    3 recorded transactions
    2023
    $17.8M
    2022
    $9.8M
    2000
    Zoning & alternative use
    M1-3 · Bronx, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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 450 Timpson Pl?
    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 →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message