1100 Leggett Avenue Update 08/01/22

Hunts Point Industrial Property Sells for $21.5M

A Class-C industrial building, located at 1100 Leggett Avenue in the Bronx's Hunts Point neighborhood has just traded hands for $21.5 million. The single-story structure was purchased by Innovo Property Group from the previous owner, Metro Office Furniture Rental.

Originally constructed in 1959, the building is currently used as a warehousing space. It has three drive-in-doors, 16-foot interior ceiling clearances, and  square feet of built-out office space.

While the building in its present form totals just square feet, the property boasts fantastic re-development potential. It has a maximum zoning allowance of 120,000 BSF for commercial use and 288,000 BSF for community facilities.

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