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Investment Highlights
- The subject property is a 90,000-square-foot, five-story warehouse/office building located in the Port Morris section of the Bronx
- 14-foot ceiling heights, two drive-in loading doors, and triple street frontage along East 134th Street, East 135th Street, and Willow Avenue
- immediate access to the Major Deegan Expressway (I-87)
- Zoned M1-2, the property offers a variety of industrial, commercial, office, and community facility uses
- The property is conveniently located minutes from Manhattan via the Robert F. Kennedy (RFK) Bridge and Third Avenue Bridge
- Situated in the rapidly growing Port Morris/Mott Haven neighborhood, the area has seen significant redevelopment and continued investment
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 780 East 135th Street.
The subject property is a 90,000-square-foot, five-story warehouse/office building located in the Port Morris section of the Bronx. Zoned M1-2, the property offers a variety of industrial, commercial, office, and community facility uses. The building features 14-foot ceiling heights, two drive-in loading doors, and triple street frontage along East 134th Street, East 135th Street, and Willow Avenue, providing excellent access and visibility
The property is conveniently located minutes from Manhattan via the Robert F. Kennedy (RFK) Bridge and Third Avenue Bridge, with immediate access to the Major Deegan Expressway (I-87). Situated in the rapidly growing Port Morris/Mott Haven neighborhood, the area has seen significant redevelopment and continued investment in recent years.
The subject property is a 90,000-square-foot, five-story warehouse/office building located in the Port Morris section of the Bronx. Zoned M1-2, the property offers a variety of industrial, commercial, office, and community facility uses. The building features 14-foot ceiling heights, two drive-in loading doors, and triple street frontage along East 134th Street, East 135th Street, and Willow Avenue, providing excellent access and visibility
The property is conveniently located minutes from Manhattan via the Robert F. Kennedy (RFK) Bridge and Third Avenue Bridge, with immediate access to the Major Deegan Expressway (I-87). Situated in the rapidly growing Port Morris/Mott Haven neighborhood, the area has seen significant redevelopment and continued investment in recent years.
Property Facts
| Price | $17,500,000 | Lot Size | 0.50 AC |
| Price Per SF | $194.44 | Rentable Building Area | 90,000 SF |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Industrial | Year Built | 1912 |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 5 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | M1-2 - Light Manufacturing Zoning District having manufacturing, commercial, and community facility uses | ||
| Price | $17,500,000 |
| Price Per SF | $194.44 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 90,000 SF |
| No. Stories | 5 |
| Year Built | 1912 |
| No. Dock-High Doors/Loading | 5 |
| Opportunity Zone |
Yes |
| Zoning | M1-2 - Light Manufacturing Zoning District having manufacturing, commercial, and community facility uses |
Amenities
- Bus Line
- Metro/Subway
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02586-0001 | Improvements Assessment | $1,917,810 |
| Land Assessment | $147,150 | Total Assessment | $2,064,960 |
Property Taxes
Parcel Number
02586-0001
Land Assessment
$147,150
Improvements Assessment
$1,917,810
Total Assessment
$2,064,960
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