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Investment Highlights

  • On the corner of Waterbury and Seabury.
  • Situated within a mixed-use area with strong residential density.
  • Positioned near major Bronx thoroughfares for easy accessibility.
  • Located on Seabury Avenue in a densely populated Bronx neighborhood.
  • Convenient access to nearby local retail and neighborhood services.

Executive Summary

NNN 41 YEAR REMAINING LEASEHOLD FOR SALE
ABS Partners is pleased to exclusively offer the following ground lease for sale. Located
at the intersection of Waterbury, Seabury Avenues and Herschell Street. The property
is subleased (NNN) to one of the largest communications network providers in the
country. They use the property as a hub to distribute and monitor service for the entire
Bronx market. The property has been upgraded with all the necessary infrastructure
and redundancy to serve this long term critical use.
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Property Details:
- Lot Size: 24,795 SF
- Gross Leasable Area (GLA): 6,245 sf
- Zoning: M1-1
- Number of Buildings: 2 single story
- Year Built/Renovated: 1930
- Max FAR: 24,795 SF (Commercial) / 59,508 SF (Community Facility)
- Unused FAR: 18,550 SF (Commercial)
- FAR as built: 0.25

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Telecom Facility
Building Class C
Lot Size 0.56 AC
Rentable Building Area 6,245 SF
No. Stories 1
Year Built 1930
Tenancy Single
Parking Ratio 1.76/1,000 SF
Opportunity Zone Yes
Zoning M1-1 - M1 - Light industrial with offices, hotels, and most retail uses permitted

Amenities

  • Fenced Lot
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
03844-0125
Land Assessment
$364,410
Improvements Assessment
$101,340
Total Assessment
$465,750
  • Listing ID: 34877452

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 1315 Seabury Ave, Bronx, NY 10461

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