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    Property profile & analytics
    OFF-MARKET Estimated value $10,715,000
    Manufacturing properties

    815 135th St, Bronx, NY 10454-3506

    38,186 SF 0.44 ac lot Built 1950
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-2896761
    Property summary
    AI-generated overview

    This exceptional 40,000-square-foot industrial building, located at 815 E 135th St in the Bronx, NY (10454), presents a rare opportunity. Completely renovated in 2023, this Class B property boasts a two-story design with an impressive 18-foot ceiling height. The building sits on a 20,000-square-foot lot with 190 feet of frontage, offering excellent street access on both sides. Ideal for manufacturing, flex, warehouse, or distribution uses, the property features seven loading docks, including three dock-high doors and six drive-in doors. Two additional roll-up doors are accessible via a street-level drive-up ramp. The building is equipped with a high-capacity freight elevator and heavy power, ensuring efficient operations. The M1-2 zoning allows for a wide range of industrial uses. Recent renovations include a new roof, electrical system, lighting, paint, and roll-up doors. Its strategic location provides easy access to major highways (278 and 87), the George Washington Bridge, and LaGuardia Airport, making it a highly desirable location for businesses needing convenient transportation links. The building's single-tenant occupancy offers flexibility and control. This is a prime industrial space in a thriving area of the Bronx. The building's features and location make it an ideal choice for a variety of businesses.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group FACTORY (MANUFACTURING)
    Year built 1950
    Total area 38,186 SF
    Lot 0.44 ac (19,093 SF)
    Zoning code M1-2
    APN 02587-0021
    UPID US63-2896761
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.72M
    Owner & transaction history
    Navon, INC · 2 yrs held
    Navon, INC
    since 2023
    2 recorded transactions
    2023
    2022
    $5.5M
    Zoning & alternative use
    M1-2 · Bronx, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $14.8M +4.3%
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