917-806-4318
752 E 137th St, Bronx, NY for Sale
Warehouse - FOR SALE
1/6
null | Request Cap Rate

752 E 137th St
Bronx, NY 10454
Port Morris


OVERVIEW

VERY GOOD FOR COMMISSARY OR INVESTMEMT - USE WHAT SPACE U NEED THE REMAINING TENANTS TO PAY OFF YOUR MORTGAGE OR PAYING YOU----many small spaces u get very high RENTS- -THESE STAY RENTED with month to month leases- BUT THE TENANTS ARE LONG TIME TENANTS -THIS IS A VERY GOOD ADVANTAGE OVER OTHER LARGER INDIVIDUAL SPACES WHICH FORCE LANDLORDS TO GIVE LONG LEASES OTHERWISE COMPETING SPACES WILL TAKE THE TENANT -THIS IS A MONOPOLY ONLY HERE AS NYC DOES NOT ALLOW ANY MORE CURB CUTS ---I GET UP TO 50/FT CALL FOR IRREFUTABLE PROOF - I HAVE COPYS OF TENANTS CHECKS FOR YEARS -AS I AM AN ABSENTEE OWNER FOR 28 YEARS - I JUST CHECK ACCOUNTS TO SEE ALL CLEARED ---I HAVE 5 PROPERTIES TOTAL TO FIT YOUR 1031 NEEDS---ALSO GREAT FOR USERS OR INVESTORS --MAKES GREAT 1031 - MIX PROPERTIES TO MAKE YOUR TOTAL NEEDED -THEY ARE EASY TO RENT- NO COMPETITION -GREAT RETURN AND -NOT MATCHED FOR INFLATION PROTECTION --OTHERS NEED LONG LEASES--NOT HERE-- FOR SALE- BUY WHAT U NEED FOR YOUR OWN USE OR TO MEET YOUR 1031 -THE TENANTS PAY 30-50/FT -THESE ARE EASY TO RENT AT VERY HIGH DOLLAR/FT -WITH VERY VERY SHORT LEASES-INFLATION PROTECTION FOR OWNER - I CREATED MULTIPLE SMALLER DRIVE IN SHOPS --ONE CAN NEVER BUILD MULTIPLE DRIVE INS AS NYC DOES NOT GIVE ANY MORE CURB CUTS---- GETTING GREAT RENT AND THEY STAY RENTED -- DO U HAVE SOMEONE WHO NEEDS A 1031 AS THIS IS THE ONLY PROPERTY THAT IS PROTECTED FROM TERRIBLE INFLATION DUE TO LANDLORD ONLY GIVING VERY SHORT LEASES -95 PERCENT LEASED WITH AVERAGE STAY OF TENANTS YEARS LONG- SOME 19 YEARS-NOW NYC DOES NOT ALLOW ANY MORE CURB CUTS--NO ONE CAN BUILD MULTIPLE DRIVEINS ANY MORE- THIS IS A MONOPOLY- - ONE BUILDING HAS 350 FT FRONTAGE ON 3 BLOCKS. 12 SEPARATE DRIVEIN WAREHOUSES EACH WITH SEPARATE GAS,ELECTRIC AND WATER METERS .SEPARATE PRIVATE OFFICES. SPACES CAN BE COMBINED EASILY --BROOKFIELD AND SEVERAL OTHER LARGE DEVELOPMENTS ONLY 2 BLOCKS CLOSE. BUILDING IS NOT SUBJECT TO NYC LOCAL LAW 97 - LOOK IT UP---- OF BUILDINGS LARGER THEN 25000FT -THESE MUST REDUCE GAS OIL BY 80 PERCENT OR GET BIG FINES--VERY EASY TO RENT AS NO ONE HAS SMALLER DRIVE IN WAREHOUSES AND CANNOT BUILD COMPETITION DUE TO CURB CUTS NO LONGER PERMITTED - DRIVE IN GETS BIG RENT FOR CONTRACTORS LICENSE/SHOP /OFFICE -THEY NEED SPACE FOR NYC LICENSE TO WORK/FILE JOBS AND PARK TRUCKS AND TOOLS--IF THEY LOSE THEIR SPACE ,THEY LOSE THEIR LICENSE- PERFECT -TURNKEY DEAL. 4 INCH GAS LINE -THESE HAVE NO COMPETITION OR BETTER INVESTMENT FOR A 1031-THE OTHERS ARE NOT GOOD BECAUSE OF BIDEN INFLATION COMBINED WITH LONG LEASES AND COMPETING SIMILAR SPACES. THESE ARE VERY DIFFERENT ALSO ALL-NO VIOLATIONS AND GREAT SIDEWALKS AND ROOFS-----ANOTHER GREAT PLUS-- -CON ED REQUIRES ELECTRIC STORAGE BATTERY FARMS - CHECK OUT ON NYC ACRIS-GIVES YOU DEED CHANGES-SEE BRONX BLOCK 2600 LOT 79 BOUGHT 4/28/2022 FOR 9,800,000--- SOLD WITH NO FIXING /CHANGES 01/05/2023 FOR $ 17.750,000 NICE PROFIT $7,950,000 IN ONLY 7 MONTHS----PS ONE OF MY PROPERTIES 435 AUSTIN PLACE IS INSIDE AND BLOCKING BLOCK 2600 LOT 79 -CALL 9178064318 BROKERS PROTECTED---

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MANY SMALL DRIVEINS u get better rents

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting - Fluorescent, Gas - Natural, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

29

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91

LAND SF

39,640

ZONING

M1-2

APN/PARCEL ID

02565-0060

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Billy KronishSebs Holding CorporationMore Info
917-806-4318

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Billy KronishSebs Holding CorporationMore Info
917-806-4318

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