355 173Rd StThe Bronx, NY 10457

Property Details for 355 173Rd St

Year built

1931

Lot size

0.15 AC

Property size (Sq ft)

12,972 SF

Zone code

M1-1

Property type

Retail properties

Property subtype

Auto shops

APN

02889-0029

APU

28890029

Description

This exceptional 13,000-square-foot multi-story industrial property, situated on a 9,950-square-foot lot in the Bronx, NY (zip code 10457), is currently available. Located at 355 E 173rd Street, this M1-1 zoned property boasts over 270 feet of frontage on E 173rd Street. The warehouse features two drive-in doors for convenient access and offers ample parking with block-through access. Ceiling heights vary, ranging from 9 feet in the lower level, 10 feet 4 inches on the ground floor, and 13 feet on the second floor. The property benefits from heavy electrical power, making it suitable for a variety of industrial uses. Its strategic location, just two blocks from the Cross Bronx Expressway, provides easy access to the entire NYC metro area. The adjacent 1680 Anthony Avenue lot presents an opportunity for expansion or additional parking. This vacant property offers a prime opportunity for an immediate user to establish their operations in a well-connected and accessible location within the Bronx.

• CAP approach

  CAP return

  Valuation

  6%

  $3,152,649

  6.5%

  $2,910,138

  7%

  $2,702,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,271,202

  Geo Method

  $4,271,202

• Alternative Use

  Use

  Valuation

  Residential

  $2,454,810

  Hospitality

  $2,248,592

  Educational

  $1,870,803

  Medical

  $1,935,142

  Retail

  $2,910,138

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8434

Longitude

-73.9043

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].