536 Timpson Place
About This Property
Discover a prime opportunity to invest in this vacant lot in the vibrant Bronx neighborhood of Timpson Place. This expansive parcel offers a generous lot size of 25.42 feet by 75 feet, providing ample space for your next development project.
Zoning & Build Potential:
Zoned M1-2, this property allows for a variety of commercial and industrial uses, perfect for businesses looking to thrive in NYC's bustling market. With 3,400 buildable square feet at your disposal, the possibilities are endless-whether you envision a modern warehouse, manufacturing space, or an innovative mixed-use development.
Location:
Situated in a rapidly developing area of the Bronx, 536 Timpson Place benefits from convenient access to major transportation routes, including highways and public transit, making it ideal for both clients and employees. The location is surrounded by a diverse mix of residential and commercial properties, ensuring a steady flow of potential customers and business partners alike.
Highlights:
Lot Size: 25.42 ft x 75 ft
Zoning: M1-2
Buildable Square Footage: 3,400 sq ft
Prime Location in the Bronx
Versatile Development Potential
Take advantage of this rare opportunity to secure a valuable piece of real estate in New York City. Whether you're an investor or a developer, this lot is primed for growth and success.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | Listed by 5 Boro Realty Corp | $325,000 | |
| Listed by 5 Boro Realty Corp | |||
| Dec 28, 2020 | No longer available | - | |
| No longer available | |||
| Dec 1, 2020 | Listed by ARAZIM MANAGEMENT LLC | $269,000 | |
| Listed by ARAZIM MANAGEMENT LLC | |||
| | |||
| Feb 22, 2018 | Sold | ||
| Sold | |||
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