610 Tiffany StThe Bronx, NY 10474

  • Industrial properties
  • 7,500 SF
For Sale

Property Details for 610 Tiffany St

Year built
1928
Lot size
0.17 AC
Property size (Sq ft)
7,500 SF
Zone code
M1-2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
02765-0115
APU
27650115

Description

This exceptional 31,000-square-foot warehouse, situated at the entrance to the Hunts Point Market in The Bronx, New York, presents a unique investment opportunity. The single-story building, comprised of three separate tax lots (APN: 2765-115, 118, 123), boasts a highly desirable location, offering convenient access to Bruckner Boulevard and the subway, with easy access to Manhattan. Its strategic position on a double-wide street, a primary artery connecting the tri-state area to the Hunts Point Food Distribution Center, ensures high visibility and accessibility. The warehouse features six drive-in doors and three internal divisions, making it perfect for owner-operators seeking to maximize efficiency or investors looking to lease to multiple tenants (separate utilities are in place). The building's specifications include a 300' x 100' footprint, 1,000 square feet of office space, 16' to 18' ceiling clearance, sprinklers throughout, gas radiant heat, and a robust 1800-amp electric service. Recent improvements include a new roof installed in 2022. The property is zoned M1-2, HP and is designated a Qualified Opportunity Zone. Annual real estate taxes are approximately $110,000. This versatile property is suitable for a variety of uses, including warehousing, distribution, parking, and manufacturing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,419,293
    Hospitality
    $1,300,065
    Educational
    $1,081,639
    Medical
    $1,118,838
    Retail
    $1,682,549
610 Tiffany St, The Bronx, New York

Location Insight

City
Bronx
County
Bronx
State
New York
Latitude
40.8122
Longitude
-73.8904
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
$28,808
$40,050
$231,930
$271,980
-
$89,000
$560,000
$649,000

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