780 E 135th St

Investment Overview

Forest Park Properties Inc. is pleased to present 780 E 135th St in the Bronx. This property is located in a M1-2 zoning district, which allows for industrial, commercial and community uses as-of-right. The triple street frontage permits access and visibility from 134th, 135th Streets and Willow Avenue. It is ideally located in the heart of Port Morris and minutes to Manhattan via the Robert F Kennedy and Third Avenue Bridges. 110,000 SF Industrial Warehouse Building in The Port Morris/Mott haven Section of the Bronx. This is a six-story elevator brick building located on a 21,800 SF (200' x 109') Corner Lot. Property is zoned M1-2 and allows a wide range of commercial and industrial uses. Property is located in a Qualified Opportunity Zone. Owner has approved plans from 2020 to convert property to Office use and spent ~ $3MM on improvements. Improvements include Total interior Demo of partitions, Two New elevators, upgraded electric, and installation of new windows throughout. Ceiling height range from 11'-14' and there is a limited parking Area on Willow Avenue entrance with a 30' curb cut. Blocks from The RFK bridge, The Major-Deegan Expressway, and the thriving redevelopment hub of Mott Haven with thousands of new apartments developed in the last few years. The offering presents an incredible redevelopment opportunity. Property being sold as a partnership dissolution.

Investment Highlights

• Qualified Opportunity Zone
• Port Morris/Mott Haven Property
• Minutes from Manhattan