305 182Nd StThe Bronx, NY 10457

Property Details for 305 182Nd St

Year built

1924

Lot size

0.51 AC

Property size (Sq ft)

30,789 SF

Zone code

C8-3

Property type

Retail properties

Property subtype

Auto shops

APN

03143-0179

APU

31430179

Description

This exceptional industrial property at 305 E 182nd Street, The Bronx, NY 10457, offers 38,000 square feet of versatile space for lease. Located near Webster Ave, this four-story building features a combination of executive office and flexible space options, ideal for a variety of businesses. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual spaces. Units range from a minimum of 3,400 square feet to a maximum contiguous space of 22,000 square feet, providing flexibility to accommodate diverse business needs. The building's zoning is R7-1, C8-3I. A key feature is the inclusion of a four-story parking garage equipped with a lift, ensuring ample parking for tenants and their clients. This prime location in The Bronx offers excellent access to major transportation routes and provides a strategic advantage for businesses seeking a prominent presence in a thriving area. The property is ready for immediate occupancy. Contact us today to learn more about leasing opportunities and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $7,482,802

  6.5%

  $6,907,202

  7%

  $6,413,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,137,685

  Geo Method

  $10,137,685

• Alternative Use

  Use

  Valuation

  Residential

  $5,826,483

  Hospitality

  $5,337,027

  Educational

  $4,440,344

  Medical

  $4,593,054

  Retail

  $6,907,202

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8553

Longitude

-73.8973

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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