1660 East 233rd Street

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1660 East 233rd Street

Bronx, NY 10466
Asking Price
$1.29M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

FOR SALE | PRIME HEAVY INDUSTRIAL FACILITY WITH MASSIVE RE-DEVELOPMENT POTENTIAL <p><strong>Substantial 2.0 FAR Expansion Potential:</strong> Possessing a <strong>2.0 Floor Area Ratio (FAR) for heavy manufacturing and commercial uses</strong>, a developer or business owner can dramatically upscale the current structure or construct a brand-new facility suited to their needs.</p><p></p><p><strong>M3-1 Heavy Industrial Zoning:</strong> Unlike restrictive light-industrial plots, the site's M3-1 designation permits the most intensive uses "by right"—including high-impact manufac

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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559

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