UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 958008
Rental Info No
Year Built 1931
Annual Tax Amount $50,544
Property Sub-Type Warehouse
Source onekey2
Property Description
Located in the South Bronx / Mott Haven submarket, the property benefits from strong connectivity to Manhattan, the Major Deegan Expressway, Bruckner Boulevard, and surrounding Bronx neighborhoods. The area has experienced sustained investment momentum, with nearby rezonings, infrastructure improvements, and significant residential and mixed-use development activity supporting long-term value growth.
For an end user, the property offers a foothold in a supply-constrained location with flexible use allowances. For a developer, it represents a compelling covered-land play with zoning that supports residential density while retaining industrial allowances where required. Comparable land sales in the immediate area underscore the strength of pricing and demand for sites with similar zoning characteristics.
- Split zoning (M1-4 / R7X) offering flexibility for industrial, commercial, residential, or mixed-use strategies.
- Attractive development upside with residential zoning allowing up to 5.0 FAR and manufacturing zoning up to 2.0 FAR.
- Ideal for owner-users seeking long-term control in a supply-constrained Bronx location with future repositioning potential.
- Strong South Bronx / Mott Haven location with proximity to Manhattan, Major Deegan Expressway, and Bruckner Boulevard.
- Surrounded by active investment and redevelopment, supported by recent comparable land sales and neighborhood momentum.
Featured Commercial Sales.
Location
State NY
County Bronx County
Interior
Heating Electric
Cooling Electric
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.