New York, NY 10451

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.3 Acres

Financials

Price:$9,999,999
Annual Taxes:$187,304
505 Park Ave, New York, NY 10022
Listing Courtesy of Serhant East End LLC

2564 Park Avenue amp ; 5 Canal Place Parking Lot 2 Buildings that occupy the same tax lot Block 2340, Lot 11 and benefit from the same zoning M1 2, ...

Description

2564 Park Avenue & (5 Canal Place + Parking Lot) 2 Buildings that occupy the same tax lot (Block 2340, Lot 11) and benefit from the same zoning (M1-2, M1-4/R7X, MX-13), which permits a wide range of light manufacturing, warehouse, commercial, and mixed-use possibilities. The combined property offers approximately 56,200 SF of existing industrial space on a strategically located South Bronx site that sits at the edge of one of New York City’s most active residential development corridors. Location Advantages • 1 block from the 4/5 subway station (138th Street) • 1 block from the I-87 (Major Deegan Expressway) • 3 blocks from the Madison Avenue Bridge into Manhattan • Strong last-mile logistics positioning with excellent highway and bridge access into Manhattan and the broader Bronx/Queens markets Property Overview 2564 Park Avenue Vacant Three-story industrial building totaling approximately 20,950 SF of gross building area, situated on a shared irregular 18,091 SF (0.415-acre) lot with 5 Canal Place. The building measures roughly 61’ × 104’ and is delivered completely vacant, offering immediate flexibility for an owner-user or investor. Key Specifications • Gross Building Area: 20,950 SF • Stories: 3 • Building Dimensions: 61’ × 104’ • Zoning: M1-2 / M1-4/R7X / MX-13 • Block/Lot: 02340.0011 • FAR: 3.11 • Total Property Taxes (both buildings): $180,664.12 Building Features & Highlights • Delivered vacant • Two large gate doors • Drive in freight elevator off the street • Open floor plates suitable for manufacturing, warehouse, light industrial, or last-mile logistics • Excellent truck access and circulation Property Overview 5 Canal Place Vacant Five-story climate-controlled industrial building totaling approximately 35,250 SF of gross building area with a separate attached lot. Measuring roughly 75’ × 118’, the building sits on the same shared 18,091 SF (0.415-acre) lot as and offers superior vertical transportation and loading capabilities. Key Specifications • Gross Building Area: 35,250 SF • Stories: 5 • Building Dimensions: 75’ × 118’ • Zoning: M1-2 / M1-4/R7X / MX-13 • Block/Lot: 02340.0011 • FAR: 3.11 • Total Property Taxes (both buildings): $180,664.12 Building Features & Highlights • Fully climate-controlled on each floor • Two loading-dock gate doors • Drive in 8,000 LB Capacity Freight elevator to each floor • Passenger elevator & 2 Staircases • Gated side yard for parking / outdoor storage • Efficient multi-story warehouse or storage configuration

Amenities

  • Bathrooms
  • Cable - Available
  • Electricity Connected
  • Lobby
  • Natural Gas Connected
  • Overhead Door(s)
  • Phone Available
  • Ramp
  • Sewer Connected
  • Storage
  • Walk Up

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.