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891-935 Garrison Ave 9,200 SF 100% Leased Industrial Building Bronx, NY 10474 $14,657,160 CAD ($1,593.17 CAD/SF)



INVESTMENT 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
- Delivered vacant. Ideal open-yard access for industrial outdoor storage, truck parking, and fleet/container storage.
- FRESH Program Eligible Site: 20,000 ZSF can be added for food-related retail uses
- Zoned M1-2, HP (FAR 2) - Offering 80,156 ZSF of buildable air rights and special Hunts Point Provisions with reduced parking requirements
- Special district rules permit large food retail operations, distribution centers, & community facility uses w/o typical size and parking constraints
- Capitalize on severe NYC truck parking shortage w/ premium leasing terms, or redevelop/reposition as state-of-the-art warehouse/distribution site
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Commuter Rail
- Fenced Lot
- Yard
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 02733-0058 | Improvements Assessment | $257,098 CAD |
| Land Assessment | $851,976 CAD | Total Assessment | $1,109,074 CAD |
PROPERTY TAXES
Parcel Number
02733-0058
Land Assessment
$851,976 CAD
Improvements Assessment
$257,098 CAD
Total Assessment
$1,109,074 CAD
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891-935 Garrison Ave
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