15,500 SF Industrial Building & 5,000 SF Private Parking Lot with Opportunity to Build

Highlights:

• 15,500 SF Across 3 Stories + 5,000 BSF in Air Rights with a Private Lot: A highly sought-after footprint featuring a rare, dedicated private lot accommodating up to 14 vehicles, complemented by exceptional wraparound corner frontage for ample street parking.
• Prime Industrial Specs & Loading Access: Built for operational efficiency with a freight elevator servicing every floor and over 14’ ceiling heights. The site boasts three distinct roll-up doors with curb cuts: one loading dock accessing the first floor, one in the parking lot leading directly to the subgrade space, and a separate, dedicated garage door.
• Delivered Vacant for Ultimate Flexibility: An exceptional blank-canvas opportunity for owner-users or investors. Perfectly suited for corporate headquarters, showrooms, manufacturing, or distribution storage.
• Unbeatable Highway Access & Cul-de-Sac Location: Situated on a true cul-de-sac, providing optimal privacy and easy truck maneuverability, this prime Hunts Point location is immediately around the block from the I-278 (Bruckner Expressway) entrance ramp, enabling seamless distribution throughout the boroughs and tri-state area.
• Elite Tax & Financing Incentives (IBZ, QOZ, NYCIDA): Located within the Hunts Point Industrial Business Zone and a federal Opportunity Zone, owner-users who acquire and renovate this site unlock financial incentives. Qualified buyers can leverage up to 25-year property tax abatements, a waived 8.875% sales tax on construction materials, a mortgage recording tax drastically reduced to 0.3%, $1,000-per-employee relocation credits, and tax-free capital gains after a 10-year hold.
• Future-Proof Location (2027 Metro-North Expansion): Positioned to benefit massively from the upcoming MTA Penn Station Access project. With anticipated completion in 2027, the Hunts Point Metro-North station will connect the East Bronx directly to Manhattan, driving foot traffic, workforce accessibility, and long-term property value.

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