780 137Th StThe Bronx, NY 10454

Property Details for 780 137Th St

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 10,525 square foot industrial lot presents a rare investment opportunity in the thriving Port Morris section of The Bronx, New York. Located at 780 East 137th Street, this property boasts a desirable corner location with two-street frontage, providing excellent accessibility and visibility. The lot measures 52.5 feet by 200.5 feet and is fully paved and fenced, featuring two convenient curb cuts. Its M1-2 zoning permits a substantial buildable area, allowing for a commercial building of up to 21,050 square feet or a facility of up to 50,520 square feet. The property's strategic location offers easy access to subway lines, providing seamless connectivity to Manhattan and other boroughs. Its proximity to Port Morris and Mott Haven places it within a dynamic and rapidly developing area. This versatile lot is ideal for a variety of uses, including vehicle parking, equipment storage, distribution centers, and businesses serving the electric vehicle or battery industries. Annual real estate taxes are approximately $21,000. This presents a compelling opportunity for investors seeking strong returns, developers looking for a prime location, or those executing a 1031 exchange. The APN is 25088-08. The property is located in Bronx County, New York, zip code 10454.

Location Insight

City

The Bronx

County

Bronx

State

New York

Latitude

40.8032

Longitude

-73.9115

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