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1056 Washington Ave
Bronx, NY 10456
Industrial Property For Sale
Investment Highlights
- Attractive investment for Mixed Developer or Owner User (with potential rents from apartments).
- Proximity to transportation, high-density accessible location.
- Maximum Buildable Area: 15,979 SF (4,645 SF lot × 3.44 FAR)
Executive Summary
1056 Washington Avenue is a Mixed-Use building of approximately 6750 square feet. The property comprises 4700 sf shop/warehouse on the ground floor, a mezzanine office/lounge and two spacious apartments that are under renovation-to be completed by purchaser. The lot carries dual underlying zoning of M1-1 (light manufacturing) and R7-2 (medium-density residential) within the MX-7 Special Mixed-Use District, which permits as-of-right residential development over ground-floor commercial/manufacturing uses.
The shop/warehouse has a roll-up door that is 11”by 12” and high ceilings (approximately 12 feet). The mezzanine office has been fully renovated and is in excellent condition. There are two apartments, flooded with light, with high ceilings and great windows, two bedrooms and one bath each. The second-floor apartment requires full renovation. The apartment has been gutted, and renovation is in the beginning stage. The renovation in the third-floor apartment is advanced. The residential units, once finalized, will provide stable income to investor/owner. No-off street parking. Sold "As-Is".
The shop/warehouse has a roll-up door that is 11”by 12” and high ceilings (approximately 12 feet). The mezzanine office has been fully renovated and is in excellent condition. There are two apartments, flooded with light, with high ceilings and great windows, two bedrooms and one bath each. The second-floor apartment requires full renovation. The apartment has been gutted, and renovation is in the beginning stage. The renovation in the third-floor apartment is advanced. The residential units, once finalized, will provide stable income to investor/owner. No-off street parking. Sold "As-Is".
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 6,750 SF |
| Sale Condition | High Vacancy Property | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1930 |
| Property Subtype | Service | Clear Ceiling Height | 11’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.10 AC | ||
| Zoning | M1-1 - M1-1 and R-7-2 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 6,750 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Clear Ceiling Height | 11’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1-1 - M1-1 and R-7-2 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 02370-0008 | Improvements Assessment | $199,014 CAD |
| Land Assessment | $28,759 CAD | Total Assessment | $227,773 CAD |
Property Taxes
Parcel Number
02370-0008
Land Assessment
$28,759 CAD
Improvements Assessment
$199,014 CAD
Total Assessment
$227,773 CAD
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