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565 Barry St 27,500 SF 100% Leased Industrial Building Bronx, NY 10474 $6,500,000 ($236.36/SF) 6.79% Cap Rate
EXECUTIVE SUMMARY
27,500 square foot, 2-story industrial building on a generous 205’ x 100’ lot
Currently 100% occupied with flexible month-to-month leases (can be delivered vacant), perfect for an owner/user seeking immediate occupancy or an investor desiring a clear value-add strategy
The property features include a fully sprinklered property, 3 drive-in doors, 3 loading docks and two freight elevators
Ceiling heights vary from 10’-14’ throughout the building Additional 13,500 square feet of air rights for future industrial development or sale
Strategic Hunts Point location with Immediate access to the Bruckner Expressway (I-278) via Leggett Ave, surrounded by major industrial players like Amazon, Frito-Lay, and
Restaurant Depot.
Easy access to the 6 train on E 149th St and Bx19 bus on Southern Blvd.
Currently 100% occupied with flexible month-to-month leases (can be delivered vacant), perfect for an owner/user seeking immediate occupancy or an investor desiring a clear value-add strategy
The property features include a fully sprinklered property, 3 drive-in doors, 3 loading docks and two freight elevators
Ceiling heights vary from 10’-14’ throughout the building Additional 13,500 square feet of air rights for future industrial development or sale
Strategic Hunts Point location with Immediate access to the Bruckner Expressway (I-278) via Leggett Ave, surrounded by major industrial players like Amazon, Frito-Lay, and
Restaurant Depot.
Easy access to the 6 train on E 149th St and Bx19 bus on Southern Blvd.
PROPERTY FACTS
| Price | $6,500,000 | Rentable Building Area | 27,500 SF |
| Price Per SF | $236.36 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1965 |
| Cap Rate | 6.79% | Clear Ceiling Height | 14’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 3 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.47 AC | ||
| Zoning | M3-1, Bronx | ||
| Price | $6,500,000 |
| Price Per SF | $236.36 |
| Sale Type | Investment |
| Cap Rate | 6.79% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.47 AC |
| Rentable Building Area | 27,500 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | M3-1, Bronx |
AMENITIES
- Bus Line
UTILITIES
- Water - City
- Sewer - City
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 395 Brook Realty Corp.
- -
- -
- -
- -
- Affordable Leather Products
- Retailer
- -
- -
- -
- Brandolini
- Retailer
- -
- -
- -
- Divine Moving
- Transportation and Warehousing
- -
- -
- -
- Elite Scrubs & Medical Unfrms
- Retailer
- -
- -
- -
- G B & Son Inc
- Public Administration
- -
- -
- -
- George Bomzer & Son Inc
- Construction
- -
- -
- -
- Leather Produ
- Retailer
- -
- -
- -
- Pride Capital Group Inc
- -
- -
- -
- -
- Touba Trade Inc.
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 395 Brook Realty Corp. | - | - | - | - | ||
| Affordable Leather Products | Retailer | - | - | - | ||
| Brandolini | Retailer | - | - | - | ||
| Divine Moving | Transportation and Warehousing | - | - | - | ||
| Elite Scrubs & Medical Unfrms | Retailer | - | - | - | ||
| G B & Son Inc | Public Administration | - | - | - | ||
| George Bomzer & Son Inc | Construction | - | - | - | ||
| Leather Produ | Retailer | - | - | - | ||
| Pride Capital Group Inc | - | - | - | - | ||
| Touba Trade Inc. | - | - | - | - |
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 02606-0028 | Improvements Assessment | $623,160 |
| Land Assessment | $184,500 | Total Assessment | $807,660 |
PROPERTY TAXES
Parcel Number
02606-0028
Land Assessment
$184,500
Improvements Assessment
$623,160
Total Assessment
$807,660
CONTACTS
-
Daniel Mahfar -
Jason M. Gold -
Michael Tortorici -
Gabriel Elyaszadeh -
Ariel Property Advisors
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565 Barry St
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