Cushman & Wakefield is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 175 Canal Street West. Located in the highly desirable Mott Haven neighborhood of the Bronx, the property is situated on the blockfront of East 135th Street bound by Canal Street West and Park Avenue. The property is improved by a single story 38,738 square foot building with 348’ of frontage on Canal Street West, 106’ of frontage on East 135th Street and 59’ of frontage on Park Avenue. The property features 6 drive-ins, 1600 amps, and boasts ceiling heights up to 25’. This property also has approved plans for a 3 story 73,962 square foot building.
Over the past few years, this South Bronx neighborhood has undergone a massive revitalization, transforming from a waterfront enclave of industrial real estate to a bustling hub of prospective development. With over 1 million square feet of new construction in line from world class developers such as Brookfield and RXR, the Bronx has finally come to the mainstage of real estate development in New York City. 175 Canal Street West offers the ideal opportunity to be a part of this renaissance.
The subject property is surrounded by several transportation options including the Madison Avenue Bridge, the Third Avenue Bridge, the Willis Avenue Bridge, and offers extremely convenient access to major interstate highways such I-87 and I-278. The property also is within walking distance to multiple subway
