452 Concord AveBronx, NY 10455

Property Details for 452 Concord Ave

Year built

1931

Lot size

0.23 AC

Property size (Sq ft)

9,800 SF

Zone code

R7-1

Property type

Warehouses

APN

02577-0027

APU

25770027

Description

This exceptional 9,800-square-foot industrial property, located at 452 Concord Avenue (also known as 745 East 145th Street) in the Bronx, New York, presents a significant opportunity for businesses seeking a versatile manufacturing or warehouse space. The single-tenant building boasts a spacious layout with a 16-foot ceiling height, providing ample room for operations and storage. Convenient access is ensured by the presence of two dock-high doors and two drive-in doors, facilitating efficient loading and unloading of goods. The property is zoned R7-1, offering flexibility for various industrial uses. Situated in Bronx County, New York, with a zip code of 10455, this location offers easy access to major transportation routes, enhancing logistical efficiency. The entire 9,800 square feet is currently vacant, making it an ideal space for immediate occupancy. This property is perfect for a business seeking a functional and well-equipped space to establish or expand its operations. The building's features are designed to optimize workflow and productivity, making it an attractive option for a wide range of industrial businesses. Contact us today to schedule a viewing and explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $3,615,180

  6.5%

  $3,337,090

  7%

  $3,098,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,048,750

  Geo Method

  $2,048,750

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,711,240

  Mixed-Use / Specialty

  $1,705,140

  Hospitality / Lodging

  $1,251,010

  Office

  $1,695,010

  Institutional / Educational

  $1,772,660

  Residential Income

  $2,074,010

  Multifamily

  $2,487,460

  Automotive / Energy

  $1,519,420

  Parking / Income-Based Land

  $524,335

  Restaurant / Food Service

  $886,858

  Healthcare / Senior Housing

  $1,748,590

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8105

Longitude

-73.9088

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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