310 Tiffany St - Warehouse FOR SALE


Bronx, NY 10474
$12,000,000 USD
212-660-7739
310 Tiffany St, Bronx, NY for Sale
$12,000,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

310 Tiffany St
Bronx, NY 10474


HIGHLIGHTS

  • Unparalleled connectivity and proximity to the end consumer
  • Anchored by Two High-Visibility Tenants: Target and World Vision
  • Property is located near 5 major highways
  • Direct trailer loading to each level
  • 15.5’ - 17.5’ first floor ceiling heights
  • 22.5’ second floor ceiling heights

OVERVIEW

Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 310 Tiffany Street. Located in the Hunts Point neighborhood of the Bronx, the property is situated on the blockfront of Viele Avenue bound by Tiffany and Casanova Streets. The property is improved by a 40,000 square foot 2-story industrial warehouse with 200’ of frontage on Viele Avenue, 100’ of frontage on Tiffany Street and 100’ of frontage on Casanova Street. The property has direct trailer loading to each level and boasts 16’ clear heights,15.5’-17.5’ ceiling heights on the first floor, 22.5’ ceiling heights on the second floor, and 33’ ceilings heights on the ramp. The property is currently 100% occupied by two tenants, including Target Corporation and World Vision Inc. 310 Tiffany Street enjoys strategic positioning among a flourishing industrial landscape, offering convenient access to major transportation routes and urban centers. There are nine toll-free, unrestricted bridges connecting the Bronx to its boroughs – three times as many access points as Brooklyn, Queen, or New Jersey. Additionally, the Property boasts elite proximity to multiple interstate highways (i.e. I-95, I-87, I-287, etc.) Additionally, the property is located within one of the federally approved opportunity zones, allowing investors to benefit from the significant tax advantages that come with investing in the south Bronx’s revitalization. With the thriving industrial sector in the Bronx and consistent performance of anchor tenants like Target and World Vision, 310 Tiffany Street presents an enticing investment opportunity for prospective buyers seeking stable returns and long-term asset appreciation.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

UTILITIES

Heating

CLEAR CEILING HT

24 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

M3-1

APN/PARCEL ID

02774-0152

ASK ABOUT THIS PROPERTY

Josh NeustadterCushman & WakefieldMore Info
212-660-7739

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Josh NeustadterCushman & WakefieldMore Info
212-660-7739

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