1132 Oak Point AveThe Bronx, NY 10474
- Industrial properties
- 141,748 SF
Property Details for 1132 Oak Point Ave
- Year built
- 1942
- Lot size
- 12.73 AC
- Property size (Sq ft)
- 141,748 SF
- Zone code
- M3-1
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 02606-0020
- APU
- 26060020
Description
This exceptional industrial property at 1132 Oak Point Ave in The Bronx, NY 10474, offers a significant opportunity for businesses seeking warehouse or distribution space. The property comprises two buildings totaling 141,748 square feet on a substantial 554,435 square foot lot. Built in 1942, the buildings feature a remarkable 52-foot ceiling height, minimizing column obstructions and maximizing storage capacity. Three drive-in doors provide convenient access for loading and unloading, complemented by ample 3-phase power. The property is zoned M3-1 and is currently configured as a single-tenant occupancy, although the space is divisible to accommodate smaller tenants (minimum 5,000 sq ft). A significant portion of the space, 60,690 square feet, is dedicated to warehouse operations. The property also includes 42,500 square feet of fenced and gated land, enhanced by on-site security. The flexible lease terms make this a highly adaptable solution for various business needs, including storage, distribution, and workshop operations. The cage-style construction (chain link fence walls) offers added security. This property presents a rare combination of size, location, and features, making it an attractive investment for businesses seeking a strategic foothold in the Bronx.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $26,824,266
- Hospitality
- $24,570,884
- Educational
- $20,442,686
- Medical
- $21,145,742
- Retail
- $31,799,734
Location Insight
- City
- Bronx
- County
- Bronx
- State
- New York
- Latitude
- 40.8071
- Longitude
- -73.8945
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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