5-2566 Canal Pl - Warehouse FOR SALE


Bronx, NY 10451
$12,949,999 USD
551-272-3823
5-2566 Canal Pl, Bronx, NY for Sale
$12,949,999 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

5-2566 Canal Pl
Bronx, NY 10451


HIGHLIGHTS

  • This property is 1 block in proximity to the M Train/4.5 subway station and 1 block from the Interstate-87 thruway.
  • 2564 Park Avenue and 5 Canal Place both contain open floors plans in each building.
  • The electrical system has been updated in both buildings.
  • 2564 Park Avenue and 5 Canal Place offer two gated doors and large freight elevators in each building.
  • This property is in close proximity to neighboring businesses such as Rosa's at Park and Wingate by Wynham Bronx/Haven Park
  • Call or Text Damian at (516) 852-0368 for more information today!

OVERVIEW

Seller is now offering potential seller financing to qualified buyers. The lot contains two existing buildings comprising approximately 56,200 sf of gross floor area. The building fronting Park Avenue, with an address of 2564 Park Avenue, consists of three stories above grade, currently used as a Factory, and is 39’-0” high. The building fronting Canal Place, with an address of 5 Canal Place, consists of five stories above grade, used as Warehouse or Storage, and is approximately 76’-0” high. Adjacent to the left of this building there is a fenced triangular parking lot for truck and car parking. The property is located on an irregularly shaped through lot with two zoning districts (see zoning description). The lot is zoned for a variety of uses, primarily commercial and manufacturing, with a portion of the lot zoned for residential and community facility uses. Some uses, such as a hotel, will require a special permit. It may be possible to extend a residential or community facility use throughout the entire zoning lot with (BSA) special permit. (Consult with Architect).

FOR SALE DETAILS

PRICE

$12,949,999 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

5 Canal Place

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1931

UTILITIES

Heating - Oil (Steam)

CLEAR CEILING HT

15.666666666666666 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

M1-2, M1-4/R7, MX-13

APN/PARCEL ID

02340-0011

ASK ABOUT THIS PROPERTY

Damian AndrakaStonegate Real EstateMore Info
551-272-3823

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Damian AndrakaStonegate Real EstateMore Info
551-272-3823

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