Why Hunts Point?
Uncover Industrial Opportunities and Beyond in the Hunts Point Submarket
Hunts Point, located in the South Bronx, is a hub for industrial commercial real estate investment. With its strategic location, access to transportation, and growing business community, Hunts Point is attracting building owners and investors from all over the world.
At Invictus Property Advisors / HuntsPointCRE.com, our goal is to help both buyers and sellers uncover the opportunities in the Hunts Point real estate market and act as your go-to commercial real estate resource. Our experienced investment sales agents are knowledgeable about the local market and are committed to assisting our clients in achieving their real estate goals, whether they're looking to buy or sell.
We understand that investing in industrial commercial real estate can be a complex and challenging process. That's why we offer a comprehensive range of services to make it as easy and stress-free as possible. Whether you're looking to buy, sell, or lease assets in Hunts Point, our team is here to help.
One of the defining features of the Hunts Point submarket is its strategic location and access to transportation. The area is home to major transportation hubs, including the Hunts Point Cooperative Market, the largest food distribution center in the world, and the Hunts Point Terminal Produce Market, the largest wholesale produce market in the world. These facilities, combined with the growing business community, make Hunts Point a prime location for industrial commercial real estate investment.
If you're interested in exploring the Hunts Point, Bronx real estate market, look no further than our team at Invictus Property Advisors. Our team is ready to assist you in finding the perfect industrial assets for your needs and help you succeed in this thriving and dynamic market.
Hunts Point: From Industrial Hub to Thriving Mixed-Use Destination
Hunts Point, located in the South Bronx, has long been known as an industrial hub with a strong focus on manufacturing, warehousing, and distribution. However, in recent years, the area has undergone a significant transformation, with a number of new real estate developments aimed at creating a more diverse and vibrant mixed-use community. From affordable housing to commercial and cultural space, Hunts Point is experiencing a surge in development activity that is driving significant demand for real estate in the area. As an investment sales team that covers this submarket on a granular level, we explore some of the top real estate developments that are shaping the Hunts Point submarket.
The Peninsula - This mixed-use development is currently under construction on the former site of the Spofford Juvenile Detention Center. The development will include over 700 units of affordable and supportive housing, as well as community and commercial space. The Peninsula is expected to create thousands of new jobs in Hunts Point and the surrounding area.
The Oak Point Property - This industrial property was recently purchased by a joint venture between Brookfield Property Partners and Park Tower Group for $165 million. The site has over 1.3 million square feet of space and is expected to be redeveloped into a modern industrial and logistics center.
The Bruckner Building - This former factory building is being converted into a mixed-use development featuring over 150,000 square feet of office, retail, and community space. The building's industrial character is being preserved through the adaptive reuse project, which is expected to bring new life and vibrancy to Hunts Point.
Spofford Campus Redevelopment - This project involves the redevelopment of the former Spofford Juvenile Detention Center into a mixed-use development featuring affordable housing, retail space, and community facilities. The project is expected to create over 1,200 new jobs and provide much-needed housing and services to the community.
The Point Campus for the Arts and Environment - This mixed-use development features over 20,000 square feet of office, studio, and performance space for artists and cultural organizations. The development also includes affordable housing, community space, and a public park, creating a vibrant hub for the arts and culture in Hunts Point.
These developments are driving significant demand for commercial and residential space in Hunts Point, and as a result, the submarket is poised for continued growth and development in the coming years. If you are interested in learning more about investment opportunities in Hunts Point or have any questions about the submarket, please don't hesitate to contact Invictus Property Advisors.