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3-7 Canal Plaza Ave 56,200 SF 100% Leased Industrial Building Bronx, NY 10451 $9,999,999 ($177.94/SF)



Investment Highlights
- 2 Loading Dock Gate Doors
- Climate Controlled
- 3 Blocks to Madison Ave Bridge
- Frieght Elevator and Passenger Elevator
- 1 Block from M/4.5 Station and I-87 Thruway
- Gated Side Yard For Parking
Executive Summary
2564 Park Avenue & 5 Canal Place offers a vacant industrial opportunity in the South Bronx with approximately 20,950 square feet across three stories on an 18,091-square-foot lot. The property features two gate doors, a large freight elevator, and convenient access to major transportation routes. Located one block from the M4 and 5 subway station, one block from the I-87 Thruway, and three blocks from the Madison Avenue Bridge, the asset provides excellent connectivity for industrial, warehouse, distribution, or owner-user operations.
Property Facts
| Price | $9,999,999 | Rentable Building Area | 56,200 SF |
| Price Per SF | $177.94 | No. Stories | 5 |
| Sale Type | Investment | Year Built | 1931 |
| Property Type | Industrial | Parking Ratio | 0.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’8” |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.42 AC | Opportunity Zone |
Yes
|
| Zoning | M1-2, M1-4/R7, MX-13 - Zoning Lot Area within M1-2 district: 6,386.12 sf / 18,091 sf = 35.3% Zoning Lot Area within M1-4/R7X district and MX-13 SPD 11,704.88 sf = 64.7% | ||
| Price | $9,999,999 |
| Price Per SF | $177.94 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.42 AC |
| Rentable Building Area | 56,200 SF |
| No. Stories | 5 |
| Year Built | 1931 |
| Parking Ratio | 0.18/1,000 SF |
| Clear Ceiling Height | 15’8” |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | M1-2, M1-4/R7, MX-13 - Zoning Lot Area within M1-2 district: 6,386.12 sf / 18,091 sf = 35.3% Zoning Lot Area within M1-4/R7X district and MX-13 SPD 11,704.88 sf = 64.7% |
Amenities
- Fenced Lot
- Metro/Subway
- Yard
- Fluorescent Lighting
- Air Conditioning
Utilities
- Lighting
- Heating - Oil (Steam)
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02340-0011 | Improvements Assessment | $1,815,840 |
| Land Assessment | $94,500 | Total Assessment | $1,910,340 |
Property Taxes
Parcel Number
02340-0011
Land Assessment
$94,500
Improvements Assessment
$1,815,840
Total Assessment
$1,910,340
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3-7 Canal Plaza Ave
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