175 W Canal St - Warehouse FOR SALE


Bronx, NY 10451- Mott Haven
$12,000,000 USD
516-417-1345
175 W Canal St, Bronx, NY for Sale
$12,000,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

175 W Canal St
Bronx, NY 10451
Mott Haven


HIGHLIGHTS

  • 38,514 SF Existing Building
  • Approved Plans for 73,962 SF
  • Community Facility (As-Of-Right) 250,341 BSF

OVERVIEW

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 175 Canal Street West. Located in the highly desirable Mott Haven neighborhood of the Bronx, the property is situated on the blockfront of East 135th Street bound by Canal Street West and Park Avenue. The property is improved by a single story 38,738 square foot building with 348’ of frontage on Canal Street West, 106’ of frontage on East 135th Street and 59’ of frontage on Park Avenue. The property features 6 drive-ins, 1600 amps, and boasts ceiling heights up to 25’. This property also has approved plans for a 3 story 77,044 square foot building. Over the past few years, this South Bronx neighborhood has undergone a massive revitalization, transforming from a waterfront enclave of industrial real estate to a bustling hub of prospective development. With over 1 million square feet of new construction in line from world class developers such as Brookfield and RXR, the Bronx has finally come to the mainstage of real estate development in New York City. 175 Canal Street West offers the ideal opportunity to be a part of this renaissance. The subject property is surrounded by several transportation options including the Madison Avenue Bridge, the Third Avenue Bridge, the Willis Avenue Bridge, and offers extremely convenient access to major interstate highways such I-87 and I-278. The property also is within walking distance to multiple subway stops including the 4 & 5 trains located at the 138th Street Station, as well as the 6-train located at 3rd Avenue – 138th Street Station. Both stops offer commuters a 25-minute trip to Grand Central Terminal. With its incredible location, 175 Canal Street West provides an amazing opportunity for an investor, user or developer to be a part of the unparalleled transformation taking place in the South Bronx.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

UTILITIES

Lighting, Gas, Water, Sewer, Heating - Gas

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89

LAND SF

38,738

ZONING

M1-4

APN/PARCEL ID

02322-0001

ASK ABOUT THIS PROPERTY

Austin WeinerCushman & WakefieldMore Info
516-417-1345

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Austin WeinerCushman & WakefieldMore Info
516-417-1345

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.