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1056 Washington Ave 6,750 SF Vacant Industrial Building Bronx, NY 10456 $1,995,000 ($295.56/SF)
Investment Highlights
- Attractive investment for Mixed Developer or Owner User (with potential rents from apartments).
- Proximity to transportation, high-density accessible location.
- Maximum Buildable Area: 15,979 SF (4,645 SF lot × 3.44 FAR)
Executive Summary
1056 Washington Avenue is a Mixed-Use building of approximately 6750 square feet. The property comprises 4700 sf shop/warehouse on the ground floor, a mezzanine office/lounge and two spacious apartments that are under renovation-to be completed by purchaser. The lot carries dual underlying zoning of M1-1 (light manufacturing) and R7-2 (medium-density residential) within the MX-7 Special Mixed-Use District, which permits as-of-right residential development over ground-floor commercial/manufacturing uses.
The shop/warehouse has a roll-up door that is 11”by 12” and high ceilings (approximately 12 feet). The mezzanine office has been fully renovated and is in excellent condition. There are two apartments, flooded with light, with high ceilings and great windows, two bedrooms and one bath each. The second-floor apartment requires full renovation. The apartment has been gutted, and renovation is in the beginning stage. The renovation in the third-floor apartment is advanced. The residential units, once finalized, will provide stable income to investor/owner. No-off street parking. Sold "As-Is".
The shop/warehouse has a roll-up door that is 11”by 12” and high ceilings (approximately 12 feet). The mezzanine office has been fully renovated and is in excellent condition. There are two apartments, flooded with light, with high ceilings and great windows, two bedrooms and one bath each. The second-floor apartment requires full renovation. The apartment has been gutted, and renovation is in the beginning stage. The renovation in the third-floor apartment is advanced. The residential units, once finalized, will provide stable income to investor/owner. No-off street parking. Sold "As-Is".
Property Facts
| Price | $1,995,000 | Lot Size | 0.10 AC |
| Price Per SF | $295.56 | Rentable Building Area | 6,750 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Sale Condition | High Vacancy Property | Year Built | 1930 |
| Property Type | Industrial | Clear Ceiling Height | 11’ |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | ||
| Zoning | M1-1 - M1-1 and R-7-2 | ||
| Price | $1,995,000 |
| Price Per SF | $295.56 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 6,750 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Clear Ceiling Height | 11’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1-1 - M1-1 and R-7-2 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Close To Melrose MTA Train Station Easy access to the Major Deegan (I-87) Free and easy access to Manhattan via the Macombs Dam Bridge 3 stories Brick masonry construction Located in Morrisania Features: Short walk to Melrose Metro North Station Ample power Ideal for contractor
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 4
Videos
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Photos
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Map
1st Floor
| Size | 5,000 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
Close To Melrose MTA Train Station Easy access to the Major Deegan (I-87) Free and easy access to Manhattan via the Macombs Dam Bridge 3 stories Brick masonry construction Located in Morrisania Features: Short walk to Melrose Metro North Station Ample power Ideal for contractor
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02370-0008 | Improvements Assessment | $140,130 |
| Land Assessment | $20,250 | Total Assessment | $160,380 |
Property Taxes
Parcel Number
02370-0008
Land Assessment
$20,250
Improvements Assessment
$140,130
Total Assessment
$160,380
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1056 Washington Ave
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