Newmark is pleased to announce it has been retained on an exclusive basis to arrange for the sale of 1261 Zerega Avenue located in the Unionport neighborhood of the Bronx. The ~28,475 SF single-story block through industrial asset is located on the corner of Zerega Avenue between Newbold and Waterbury Avenues.
Situated in a strong industrial hub of the Bronx on a ~38,778 SF lot, the Property is fully occupied by three (3) tenants, Zerega Indoor Handball & Paddle Ball, DM Auto Repair and Healthy Vending NY. The asset features 10,000 SF of parking on the east side of the lot along Zerega Avenue.
This Property offers exceptional functionality with its multiple means of egress, featuring entrances from Zerega Avenue, Waterbury Avenue, and Newbold Avenue, ensuring seamless connectivity and efficient logistics. The property also benefits from a column free space and roughly 18’ ceilings.
The Unionport neighborhood offers excellent transit accessibility to Manhattan via the local Subway Line and just two blocks away at the corner of Zerega and Westchester Avenues. The property is also in proximity to The Bruckner Expressway, the Cross Bronx Expressway, and the Hutchinson River Parkway, which are key distribution routes. This strategic location also ensures easy access for employees, clients, and logistics partners, ultimately enhancing operational efficiency.