175 Canal StThe Bronx, NY 10451
- Warehouses
- 38,738 SF
For Sale
$13,500,000
View listing
Property Details for 175 Canal St
- Year built
- 1931
- Lot size
- 0.88 AC
- Property size (Sq ft)
- 38,738 SF
- Zone code
- M1-4
- Property type
- Warehouses
- APN
- 02322-0001
- APU
- 23220001
Description
This exceptional 38,738-square-foot warehouse in the Mott Haven section of the Bronx, New York, is offered for sale at $13,500,000 ($348.50/sq ft). The single-story building boasts 25-foot ceilings, six dock-high doors, and substantial power (1,600 amps). Its strategic location provides excellent exposure to the Major Deegan Expressway, convenient subway access, and proximity to two toll-free Manhattan bridges. The property sits on a 38,514-square-foot lot and is zoned M1-4. Recent improvements include a new roof, conversion of 5,000 square feet of office space back into clear-span warehouse space, and new lighting. The layout is easily adaptable
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,290,300
- 6.5%
- $13,191,000
- 7%
- $12,248,800
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,098,410
- Geo Method
- $8,098,410
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $6,764,300
- Mixed-Use / Specialty
- $6,740,190
- Hospitality / Lodging
- $4,945,060
- Office
- $6,700,140
- Institutional / Educational
- $7,007,080
- Residential Income
- $8,198,280
- Multifamily
- $9,832,570
- Automotive / Energy
- $6,006,070
- Parking / Income-Based Land
- $2,072,620
- Restaurant / Food Service
- $3,505,620
- Healthcare / Senior Housing
- $6,911,930
Location Insight
- City
- Bronx
- County
- Bronx
- State
- New York
- Latitude
- 40.8115
- Longitude
- -73.9305
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$234,898
$294,840
$1,922,850
$2,217,690
-
$963,000
$4,104,000
$5,067,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].