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2572 Park AveThe Bronx, NY 10451

21,100 SF Flex Space, Mott Haven

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 21,100-square-foot industrial property, located at 2572 Park Avenue in the Bronx's Mott Haven Opportunity Zone, presents a unique investment or owner-user opportunity. The building, constructed in 1931 and renovated in 2005, boasts four expansive 5,275-square-foot floors within a single building, offering versatile space for a variety of uses. Its M-2 zoning allows for flexible commercial applications, making it suitable for contractors, subcontractors, artists, educational services, or similar businesses. The property features eight dock-high doors, a freight elevator, high-pressure gas service, a central station wet sprinkler system, and updated roof, plumbing, and electrical systems. Each floor has separate electric and gas meters. The ground floor includes a commercial kitchen, while the first floor is adaptable as a flexible event space. The upper floors are ideal for studios or co-working spaces. This prime location offers convenient access to public transportation, being less than a block from the subway and three express stops from Midtown Manhattan. Its proximity to Interstates 87 and 95, along with a nearby 70-room hotel, further enhances its appeal. The property's history includes diverse tenants, showcasing its adaptability and potential for future success. This is an excellent opportunity for an owner-user seeking a functional and well-located space or an investor looking to capitalize on redevelopment and lease-up potential within a thriving area. The lot size is 5,835 square feet.

Highlights

  • 21,100 SF industrial building in Mott Haven Opportunity Zone, suitable for owner-occupancy or investment.
  • Four 5,275 SF floors, each with independent utilities.
  • Versatile commercial zoning offers diverse usage options.
  • Excellent access to public transit and major roadways.
  • High potential for redevelopment and lease-up.
  • Located near a 70-room Wingate by Wyndham Hotel.

Property Details for 2572 Park Ave

Property type
Industrial properties, Manufacturing properties
Square Feet
21,100 SF
Class
A
Year Built/Renovated
1931/2005
Buildings
1
Stories
4
Units
4

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.813108
Longitude
-73.9284963
2572 Park Ave, The Bronx, New York

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2572 Park Ave
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