Property 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 confi

Property Features

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