The 290,000-SF Warehouse in Hunts Point is Available to Lease for the First Time Since 1991
New York, NY – Cushman & Wakefield announced today that the real estate services firm has been retained by GP Real Estate to exclusively market 1340 Viele Avenue for lease. 1340 Viele Avenue is a 290,000-square-foot warehouse with 47,000 square feet of additional adjacent land, making it the largest available single-story warehouse in New York City.
Cushman & Wakefield’s Helen Paul, Rico Murtha, Bill Waxman, Sonny Singh, Joe Hentze Jr., Mindy Lissner and David Gheriani are marketing the property for lease on behalf of GP Real Estate.
“Boasting the distinction of being the largest available single-story warehouse in New York City, 1340 Viele Avenue is a premier industrial property that is strategically nestled in the bustling logistics hub of Hunts Point in the Bronx,” said Paul. “Situated adjacent to the world’s largest food distribution center, this location offers not only elite access to Manhattan, but also a strategic distribution location for the entire Tri-State Region, including almost fifteen million consumers within a 60-minute drive.”
1340 Viele Avenue features six interior recessed docks, two drive-in doors, up to 16 exterior loading positions and seven large grade level doors that can also be activated. The property includes 47,000 square feet of paved land, which was previously utilized as a truck court and parking, providing secured, street-to-street access.
“This property presents an unprecedented opportunity for an existing company to expand their presence in New York or for a user new to the market,” added Murtha. “Considering the market’s extreme space constraints, 1340 Viele Avenue offers a rare chance to secure a scaled and highly sought-after facility with an incredible location, making it a superior option for businesses seeking superior solutions. In addition, this well-maintained property is highly functional with the potential for loading on three sides, wide streets planned for distribution and the luxury of controlling over an acre of asphalt yard space in an infill environment.”
1340 Viele Avenue is strategically located one mile from the entrance of Interstate 278 and can reach nearly 15 million consumers within a 60-minute drive. Situated near the Hunts Point Food Distribution Center, the property also boasts access to all of New York and New Jersey’s nearby bridges, as well as LaGuardia and JFK Airports.