4619-4625 3rd Avenue

Fordham, Bronx, New York 10458

$6,900,000  

Listing ID Number

24942

Property Description

A two-story, industrial warehouse building covering the entire western blockfront of Bassford Avenue from 3rd Avenue between East 185th and East 186th Streets. The building features 369' of wraparound frontage, two entrances for vehicles on East 185th Street (one leading to main level, one to 2nd floor), 14' ceiling heights on the ground floor, 11'11"-13'2" ceiling heights on the 2nd floor, and tremendous light and air from four sides (five-sided building). The property also features 33,260 SF of air rights which could be used to expand or re-develop the property into a residential or community facility use. It is located within walking distance to the B & D train stop at 183rd Street and has easy vehicular access to Pelham Parkway to the north and the Cross Bronx Expressway to the south. The building is currently owner-occupied and has the ability to be delivered vacant offering a rare user opportunity or an excellent investment property to lease up in an area that would command in excess of $20/SF. It is located in the Fordham area of the Bronx.

Overview

Building Type:Industrial

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

James P. Nelson
Vice Chairman
(212) 660 7710
james.nelson@cushwake.com

Karl Brumback
Senior Managing Director
(212) 660 7731
karl.brumback@cushwake.com

Caroline Hannigan
Director
(212) 660 7708
caroline.hannigan@cushwake.com

Joshua Rubin
Director
(212) 660 7752
joshua.rubin@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.