429, 433, 447 Bruckner Boulevard, Bronx, NY 10455

Mott Haven, Bronx, New York 10455

$14,000,000   $12,500,000  

Listing ID Number

25093

Property Description

Cushman & Wakefield is pleased to present 429, 433, 447 Bruckner Boulevard, a +40,000 SF development site located in the Mott Haven neighborhood of the booming South Bronx.

The site features 315’ of highly visible Bruckner Boulevard frontage on a flat, rectangular lot and offers 201,600 buildable square feet of development rights. The zoning is M1-3, allowing for a wide variety of retail, commercial, and manufacturing development possibilities covering Use Groups 4-14, 16 and 17. The site is in an IBZ zone.

The property will be delivered vacant. It is currently improved by a 3-story factory building with a deep cellar, a 1-story light manufacturing facility with a 39 KW roof-top olar array and dual inverter power plant, and a parking lot which is rented on a month-to-month basis to several trucking companies.

The property is located 3 blocks from the East 143rd & East 149th Street 6 subway stops at Southern Boulevard providing a 35 minute trip to Midtown, and is easily accessible off the expressway. The South Bronx is undergoing a tremendous surge in development activity and is one of NYC’s hottest submarkets. Please call for more information about this exciting development opportunity.

Overview

Building Type:Development/Conversion Sites, Industrial
Section/Lot/
APN:
2/2601/
65, 61, 57
Lot Dimensions:315' x 123' - 137'
combined
Lot Sq Ft:40,319
combined
Buildable Sq. Ft:201,595
combined
Stories:3 & 1
Units:2
Zoning:M1-3
FAR:5.0 As of Right (AOR)

Summary

Price Per Buildable Sq Ft:$69

Contact

For further information or inspection, please contact Exclusive Agents:

Robert A. Knakal
Chairman, New York Investment Sales
(212) 660 7777
robert.knakal@cushwake.com

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

Jonathan Hageman
Executive Managing Director
(212) 660 7773
jonathan.hageman@cushwake.com

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

Patrick Yannotta
Director
(212) 660 7791
patrick.yannotta@cushwake.com

Jonathan Squires
Director
(212) 660-7775
Jonathan.Squires@cushwake.com


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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.