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76,000 SF Warehouse/Industrial Building with Loading Docks

Market Price

555 East 242nd Street, Bronx, NY 10470

Active
Last Updated: 09/08/2024

8.32

Cap Rate

998,107

NOI

Details:
Cap Rate:    8.32%
NOI:    $998,107
Building Size:    76,000 sqft
Lot Area:    40,800 sqft
Floors:    2
Highlights:
  • 76k square foot two-story Industrial building with lower level space
  • Property features 4 loading docks, which can easily accommodate 53' trailers, and 2 freight elevators
  • Ceiling heights vary between 14'-16' throughout the property
  • Building is fully equipped with sprinkler system, heat, and benefits from a 4,000 AMPS Electric
  • Lower Level: 18,000 SF Ground Level: 40,000 SF Divisible Second Floor: 18,000 SF
  • Situated on the border of the Bronx and Mount Vernon and about 8 minutes from Wakefield Metro North Station and 241st St Subway Station
  • Conveniently located 5 min from the Bronx River Parkway and about 2 Miles from both I-87 and I-95
Description:

Online Auction: November 4-6, 2024

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