5 Canal Place,Bronx, NY 10451
Bronx, NY 10451
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 marketsProperty Overview2564 Park AvenueVacant 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): $180,664.12Building 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 circulationProperty Overview5 Canal PlaceVacant 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): $180,664.12Building 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
Details
| MLS # | 1040538 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 81 |
| Listing Provided By | Serhant East End LLC | Damian Andraka SFR |
Features
| SQ Feet | 56,200 |
|---|---|
| Story(s) | 5 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | M1-4R7X |
| Acreage | 0.31 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas, Oil |
Exterior
| Construction Materials | Brick, Stone, Stucco |
|---|---|
| Foundation Details | Brick/Mortar |
| Fencing | Chain Link |
Parking
| Parking Features | Garage, Parking Lot |
|---|
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
|---|---|
| Electric | 200+ Amp Service |
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 2135250 |
| Tax Annual Amount | 187304 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10451 |
| Community Name | Mott Haven |
| Listing VS Median (in Mott Haven) | |
Price: $9,999,999 low | high Med: $9,999,999 sqft: 56,200 low | high Med: 56,200 $ / sqft: $178 low | high Med: $178 On site: 81 low | high Med: 81 | |
Market Activity 10451
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10451 |
| Community Name | Mott Haven |
| Listing VS Median (in Mott Haven) | |
Price: $9,999,999 low | high Med: $9,999,999 sqft: 56,200 low | high Med: 56,200 $ / sqft: $178 low | high Med: $178 On site: 81 low | high Med: 81 | |