24-79 Senger Pl - Industrial FOR SALE


Bronx, NY 10465- Throgs Neck-Edgewater Park
$1,850,000 USD
201-707-0019
24-79 Senger Pl, Bronx, NY for Sale
$1,850,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate


HIGHLIGHTS

  • In-place income from Herc Rentals through June 2029 with a clear mark-to-market opportunity due to undermarket rents.
  • Exceptional visibility, frontage, and signage exposure along one of the Bronx’s most heavily trafficked corridors.
  • Immediate access to major highways, the Whitestone Bridge, Queens, Manhattan, and the greater Tri-State area.
  • Herc Rentals provides durable cash flow and reduced near-term leasing risk.
  • Irreplaceable Bronx infill site supporting long-term demand and value preservation.

OVERVIEW

717 Hutchinson River Parkway offers a rare small-format value-add opportunity along one of the Bronx’s most heavily traveled transportation corridors. The property features a 1,715 SF freestanding building situated on a ±10,000 SF lot, delivering exceptional frontage, visibility, and signage exposure directly along the Hutchinson River Parkway. The asset is currently leased to Herc Rentals through June 2029, providing stable in-place income with a clear path to future upside. The lease is undermarket, positioning the property for a meaningful mark-to-market opportunity at rollover or through repositioning, subject to tenant demand and approvals. Strategically located just minutes from major highways and the Whitestone Bridge, the site benefits from immediate access to Queens, Manhattan, and the greater Tri-State area, making it highly attractive for a wide range of future users. The combination of strong exposure, irreplaceable corridor location, and flexible lot size supports long-term value preservation and growth. With national-credit tenancy, below-market rents, and unmatched connectivity, 717 Hutchinson River Parkway represents a compelling value-add acquisition for investors seeking durable cash flow today and accelerated upside at lease expiration.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$965 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

717 Hutchinson River Parkway

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

R4, Bronx (G9)

APN/PARCEL ID

05559-0104

ASK ABOUT THIS PROPERTY

Jon CohenSkyline Real Estate PartnersMore Info
201-707-0019

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Jon CohenSkyline Real Estate PartnersMore Info
201-707-0019

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