891-935 Garrison Ave - Warehouse FOR SALE


Bronx, NY 10474- Hunts Point
$10,500,000 USD
646-996-3709
891-935 Garrison Ave, Bronx, NY for Sale
$10,500,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

891-935 Garrison Ave
Bronx, NY 10474
Hunts Point


HIGHLIGHTS

  • Proximity to the Hunts Point Food Distribution Center-a $5 billion economic engine with 20,000+ daily truck trips. Direct access to I-278, I-95, I-895
  • Zoned M1-2, HP (FAR 2) - Offering 80,156 ZSF of buildable air rights and special Hunts Point Provisions with reduced parking requirements
  • Ideal open-yard access for industrial outdoor storage, truck parking, and fleet/container storage. Potential to integrate EV charging stations.
  • Special district rules permit large food retail operations, distribution centers, & community facility uses w/o typical size and parking constraints
  • FRESH Program Eligible Site: 20,000 ZSF can be added for food-related retail uses
  • Capitalize on severe NYC truck parking shortage w/ premium leasing terms, or redevelop/reposition as state-of-the-art warehouse/distribution site

OVERVIEW

Marcus & Millichap is pleased to exclusively list the sale of 935 Garrison Avenue, Bronx, NY 10474, a strategically positioned industrial and fleet-parking asset located in the heart of Hunts Point – one of New York City’s most dynamic industrial and logistics hubs. Set on a 40,078-square-foot lot with a 9,200-square-foot building, this property sits in a Qualified Opportunity Zone and within the recently enacted Special Hunts Point District. Delivered vacant, it offers a rare blank canvas for new owners—to occupy, re-lease at market rates, or redevelop into a state-of-the-art logistics, large food retail, distribution or warehouse operations. 935 Garrison Avenue is a true transportation nexus. The property enjoys excellent connectivity with direct access to major highways such as I-278 (the Bruckner Expressway), I-95, and I-895 – all of which facilitate rapid movement of freight across New York City, New Jersey, and the broader Northeast region. In addition, its proximity to several key truck routes ensures that heavy vehicles can reach the site efficiently without congesting local streets. For employees and clients alike, the location is also served by nearby subway lines (including the 6, 2, and 5 trains) and multiple bus routes. With its ample open space and durable industrial construction, 935 Garrison Avenue is ideally suited for a variety of applications including industrial outdoor storage, truck parking, fleet yard operations, and even as a base for electric vehicle (EV) charging infrastructure – a forward-thinking solution as New York City embraces sustainable logistics. Additionally, the site holds significant redevelopment potential. Under its M1-2 zoning, HP designation, the property not only offers up to 2.0 FAR with 80,156 buildable zoning square feet but also benefits from special Hunts Point District features. These include expanded allowances for large food retail, distribution centers, and community facility uses – all with lower parking requirements – while strictly prohibiting heavy industrial and waste-related uses that could impact the adjacent residential community. This tailored zoning framework channels development toward cleaner, more community-friendly uses while protecting neighborhood quality, making the site a compelling target for diverse end users. This offering represents an exceptional opportunity for a wide range of buyers – from owner-users and value-add investors to institutional players seeking to tap into the rapidly growing industrial market in New York City. With its strategic location near the Hunts Point Food Distribution Center – a $5-billion economic engine generating more than 20,000 truck trips daily – and its robust access to major transportation corridors, 935 Garrison Avenue is ideally positioned to deliver immediate cash-flow potential and significant long-term appreciation.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.92

LAND SF

40,078

ZONING

M1-2 HP

APN/PARCEL ID

02733-0058

ASK ABOUT THIS PROPERTY

Steven SiegelMarcus & MillichapMore Info
646-996-3709

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Steven SiegelMarcus & MillichapMore Info
646-996-3709

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