2564 Park Avenue & (5 Canal Place + Parking Lot) 2 Buildings that occupy the same tax lot (Block 2340, Lot 11) and benefit from the same zoning (M1-2, M1-4/R7X, MX-13), which permits a wide range of light manufacturing, warehouse, commercial, and mixed-use possibilities. The combined property offers approximately 56,200 SF of existing industrial space on a strategically located South Bronx site that sits at the edge of one of New York City’s most active residential development corridors.
Location Advantages
• 1 block from the 4/5 subway station (138th Street)
• 1 block from the I-87 (Major Deegan Expressway)
• 3 blocks from the Madison Avenue Bridge into Manhattan
• Strong last-mile logistics positioning with excellent highway and bridge access into Manhattan and the broader Bronx/Queens markets
Property Overview
2564 Park Avenue
Vacant Three-story industrial building totaling approximately 20,950 SF of gross building area, situated on a shared irregular 18,091 SF (0.415-acre) lot with 5 Canal Place. The building measures roughly 61’ × 104’ and is delivered completely vacant, offering immediate flexibility for an owner-user or investor.
Key Specifications
• Gross Building Area: 20,950 SF
• Stories: 3
• Building Dimensions: 61’ × 104’
• Zoning: M1-2 / M1-4/R7X / MX-13
• Block/Lot: 02340.0011
• FAR: 3.11
• Total Property Taxes (both buildings): $180,664.12
Building Features & Highlights
• Delivered vacant
• Two large gate doors
• Drive in freight elevator off the street
• Open floor plates suitable for manufacturing, warehouse, light industrial, or last-mile logistics
• Excellent truck access and circulation
Property Overview
5 Canal Place
Vacant Five-story climate-controlled industrial building totaling approximately 35,250 SF of gross building area with a separate attached lot. Measuring roughly 75’ × 118’, the building sits on the same shared 18,091 SF (0.415-acre) lot as and offers superior vertical transportation and loading capabilities.
Key Specifications
• Gross Building Area: 35,250 SF
• Stories: 5
• Building Dimensions: 75’ × 118’
• Zoning: M1-2 / M1-4/R7X / MX-13
• Block/Lot: 02340.0011
• FAR: 3.11
• Total Property Taxes (both buildings): $180,664.12
Building Features & Highlights
• Fully climate-controlled on each floor
• Two loading-dock gate doors
• Drive in 8,000 LB Capacity Freight elevator to each floor
• Passenger elevator & 2 Staircases
• Gated side yard for parking / outdoor storage
• Efficient multi-story warehouse or storage configuration