Property profile

815 E 135Th St Bronx, NY 10454

FOR SALE
Manufacturing properties
Property ID
US63-2896761
38,186 SF 0.44 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
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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

Location

815 E 135Th St Bronx, NY 10454
Bronx metro Census 1902 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2022
$5.5M

Zoning & alternative use

M1-2 · Bronx, NY
Top alternative use upside
Warehouse, storage $14.8M +4.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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