1932 Jerome Ave - Warehouse FOR SALE


Bronx, NY 10453- Mount Hope
$7,350,000 USD
212-359-9366
1932 Jerome Ave, Bronx, NY for Sale
$7,350,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

1932 Jerome Ave
Bronx, NY 10453
Mount Hope


HIGHLIGHTS

  • Delivered vacant industrial building with redevelopment potential.
  • Approximately 74,340 buildable square feet under current zoning.
  • Located along Jerome Avenue with 50 feet of street frontage.
  • Two blocks from multiple subway lines, offering excellent transit access.
  • Close proximity to East Tremont and Burnside Avenue retail corridors.

OVERVIEW

1932 Jerome Avenue offers a rare opportunity to acquire a single-story industrial property with significant redevelopment potential in the Mount Hope section of the Bronx. The existing 10,300-square-foot warehouse sits on a 10,325-square-foot lot and is delivered vacant, making it suitable for an owner-user or investor seeking a repositioning play. Zoned C8-3, the property supports heavy commercial and light manufacturing uses, while the surrounding area’s recent rezoning initiatives have spurred mixed-use and residential development, creating long-term upside for adaptive reuse or ground-up construction. The site benefits from exceptional accessibility, located just steps from the 176th Street 4 train and within two blocks of the Tremont Avenue B/D subway lines, providing direct connectivity to Manhattan and the greater Bronx. The property also offers 50 feet of frontage along Jerome Avenue, a major commercial corridor with strong vehicular and pedestrian traffic. With a buildable square footage potential of approximately 74,340 BSF, this asset presents a compelling opportunity for developers and investors to capitalize on the area’s growth trajectory and demand for mixed-use projects.

FOR SALE DETAILS

PRICE

$7,350,000 USD

PRICE/SF

$714 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25

LAND SF

10,890

ZONING

C8-3

APN/PARCEL ID

02853-0009

ASK ABOUT THIS PROPERTY

Nathan ShavolianWeRep New YorkMore Info
212-359-9366

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Nathan ShavolianWeRep New YorkMore Info
212-359-9366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.