450 Timpson PlThe Bronx, NY 10455

Property Details for 450 Timpson Pl

Year built

1925

Lot size

0.98 AC

Property size (Sq ft)

27,000 SF

Zone code

M1-3

Property type

Industrial properties

Property subtype

Other warehouses

APN

02600-0079

APU

26000079

Description

This exceptional investment opportunity presents a 43,500-square-foot industrial property in the thriving Mott Haven section of The Bronx, New York (APN 2600-79). The property boasts a 26,000-square-foot warehouse featuring a 30-foot ceiling height, four drive-in doors, and substantial utility services including 2,500 amps of electrical service and heavy gas service. A 5,250-square-foot mezzanine adds valuable extra space. An additional 17,500 square feet of land provides significant development potential. The property benefits from street-to-street access and a highly convenient location near five major highways, offering easy access to Manhattan and other key areas. The M1-3 zoning allows for a Commercial FAR of 5 (217,500 buildable square feet) and a Facility FAR of 6.5 (282,750 buildable square feet), presenting substantial upside for future development. Annual real estate taxes are approximately $110,000. This is a rare chance to acquire a well-located, versatile industrial property with significant growth potential in a rapidly developing market.

• Alternative Use

  Use

  Valuation

  Residential

  $5,109,456

  Hospitality

  $4,680,234

  Educational

  $3,893,900

  Medical

  $4,027,817

  Retail

  $6,057,178

Location Insight

City

Bronx

County

Bronx

State

New York

Latitude

40.8097

Longitude

-73.9057

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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