754 137th St Bronx, NY 10454-3403
Property Lookup
Property profile & analytics
754 137th St Bronx, NY 10454-3403
- Industrial properties
- 21,000 SF
- 0.34 lot acres
Property ID
US63-3499911
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.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 754 137th St
- Year built
- 1931
- Lot size
- 0.34 lot acres
- Property size
- 21,000 SF
- Zone code
- M1-2
- Property type
- Industrial properties
- APN
- 02565-0060
- APU
- 25650060
Description
This exceptional investment opportunity presents a 21,000-square-foot multi-tenant warehouse building located at 754 E 137th St, Bronx, NY 10454. The property, built in 1931, boasts 20 individually metered units, all on month-to-month leases, generating strong and diversified cash flow. The building features 20-foot ceilings, 15-foot high doors, and separate office space and bathrooms in each unit. Twelve delivery bays/curb cuts provide excellent access. The property is equipped with a sprinkler system throughout and offers 800/1600 amp electric service. Zoned M1-2, this two-story building sits on a 20,000-square-foot lot (APN: 02565-0060). The asking price is $8,250,000, representing a price per square foot of $392.86 and a price per unit of $412,500. The property's pro-forma NOI is $361,311, resulting in a 4.38% cap rate. Its location adjacent to the Bruckner Expressway offers unparalleled accessibility. The building's size (under 25,000 sq ft) avoids costly carbon emission compliance regulations. Gross rent is $465,000, with expenses totaling $103,689. This property is ideal for building trades and offers a compelling return on investment.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $7,805,000 Current use
- WAREHOUSE, STORAGE
- $8,140,000 Change: +4% Conversion: Easy
- OFFICE BUILDING
- $7,660,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9123
- Latitude
- 40.8034
- 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
$116,100
$114,750
$981,360
$1,096,110
-
$255,000
$2,876,000
$3,131,000
