175 W Canal St - 38,738 sf

175 W Canal St - 38,738 sf

Prime Industrial / Development Site in Mott Haven For Sale

Property Details

DY Realty Group has been retained on an exclusive basis to handle the sale of 175 W Canal Street, a 38,738 sf warehouse located in the Mott Haven section of the Bronx.

This ideally located 38,738 sf 1-story warehouse features ceilings as high as 25 feet, loading through 6 drive-in doors, heavy power (1,600 amps), two-street frontage and great exposure to the Major Deegan Expressway. Conveniently located at the subway and  between two toll-free Manhattan bridges, the site can be easily reconfigured as approximately 30,000 sf warehouse with 10,000 sf parking.

Approved plans available for 3-story industrial building with parking.

Location

Address
175 W Canal St, Mott Haven, Bronx, NY 10451
Cross Street
Major Deegan
Block
2322
Lot
1
Subway
5 6
Highways
Major Deegan Expy
Bridges/Tunnels
RFK-Triborough Bridge

Sq Ft

Available Space
38,738± sf
Bldg Area
38,738 sf
Floors
38,738 sf
Offices
1,500 sf
Plot
38,514 sf

Financials

Asking Sale
$13,500,000.00
Taxes
$234,897.00

Construction

Use
Development Industrial
Bldg Type
1-Story
Bldg Material
Brick Mill Metal
Heat
Radiant
Ceiling
15-25'
Zone
M1-4
Drive-in
6
Power
1600±
Crane
1

Image Gallery

Documents

Location

5
6
Major Deegan Expy

Zoning

M1 districts range from the Garment District in Manhattan, with its multistory lofts, to parts of Red Hook and College Point with many one or two-story warehouses studded with loading bays. The M1 district is often a buffer between M2 or M3 districts and adjacent residential or commercial districts.

Light industries typically found in M1 areas include knitting mills, printing plants, woodworking shops, auto storage and repair shops, and wholesale service and storage facilities. In theory, nearly all industries uses can locate in M1 areas if they meet the more stringent M1 performance standards. Offices and most retail uses are also permitted. Certain community facilities, such as hospitals, are allowed in M1 districts only by special permit, but houses of worship are allowed as-of-right.

Floor area ratios in M1 districts range from 1.0 to 10.0 and building height and setbacks are controlled by sky exposure planes which may be penetrated by towers in certain districts. New industrial buildings are usually low-rise structures that fit within sky exposure planes. Except along district boundaries, no side yards are required. Rear yards at least 20 feet deep are usually required, except within 100 feet of a corner.

In M1-4 zoned districts, parking is not required. The maximum FAR is 2.0. Although new industrial buildings are usually low-rise structures that fit within sky exposure planes, commercial and community facility buildings can be constructed as towers.

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