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421 Hunts Point Ave 10,000 SF Vacant Industrial Building Bronx, NY 10474 $3,350,000 ($335/SF) 8.87% Cap Rate

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INVESTMENT HIGHLIGHTS

Corner property with high visbility.
Property is currently vacant property great.

Features high ceilings.

EXECUTIVE SUMMARY

421-423 Hunts Point Ave, Bronx NY 10474 a vacant industrial warehouse situated on a prime corner lot. Spanning 10,000 sq ft, this property is currently divided into two leasable sections, making it ideal for an end user or future development opportunities. Previously used as banking facilities, it holds a K7 usage designation. With a Commercial FAR of 2.0 and Community Facility FAR of 4.8, there’s significant potential for expansion. Property taxes are $85,555 annually.

421-423 Hunts Point Ave, Bronx, NY 10474 (2) (1)

2025-1014_DIA Revised Preliminary Zoning Analysis for 421 Hunts Point Avenue (2)

PROPERTY FACTS

Price	$3,350,000	Building Class	C
Price Per SF	$335	Lot Size	0.26 AC
Sale Type	Investment or Owner User	Rentable Building Area	10,000 SF
Cap Rate	8.87%	No. Stories	1
Sale Condition	High Vacancy Property	Year Built	1931
Property Type	Industrial	Clear Ceiling Height	17’
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Food Processing FlexLight Distribution	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-1 - Manufacturing, warehouse

Price	$3,350,000
Price Per SF	$335
Sale Type	Investment or Owner User
Cap Rate	8.87%
Sale Condition	High Vacancy Property
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Food Processing FlexLight Distribution
Building Class	C
Lot Size	0.26 AC
Rentable Building Area	10,000 SF
No. Stories	1
Year Built	1931
Clear Ceiling Height	17’
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-1 - Manufacturing, warehouse

Air Conditioning

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
10,000 SF
Industrial
Partial Build-Out
Now

421 Hunts Point Ave, Bronx, NY for sale Building Photo- Image 1 of 1 — Building Photo

Can be divided.

Space	Size	Space Use	Condition	Available
1st Floor	10,000 SF	Industrial	Partial Build-Out	Now

Size

10,000 SF

Space Use

Industrial

Condition

Partial Build-Out

Available

Now

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MATTERPORT 3D EXTERIOR

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MAP

1 1

Walk Score®

Very Walkable (78)

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PROPERTY TAXES

Parcel Number	02772-0213	Improvements Assessment	$720,450
Land Assessment	$60,750	Total Assessment	$781,200

PROPERTY TAXES

Parcel Number

02772-0213

Land Assessment

$60,750

Improvements Assessment

$720,450

Total Assessment

$781,200

(917) 662-4910

CONTACT

John Lagoudis
Realty Executives Today

Listing ID: 35100151
Date on Market: 3/11/2025
Last Updated:
Address: 421 Hunts Point Ave, Bronx, NY 10474

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