1200 Waters Place

1200 Waters Place has about 451,000 square feet of floor area in total, including 421,000 square feet of office and 30,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1974 as the year built, with a major alteration recorded in 2020. The building is 4 floors tall.

City records list 250 Marconi Street on the same tax lot (BBL 2042260070) as 1200 Waters Place. A space listed on Leasemark at any of these addresses shows up on this page.

1200 Waters Place is in ZIP code 10461, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1200 Waters Place, Bronx, NY 10461, in Westchester Square.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.14 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 1200 Waters Place is Pelham Bay Park (the 6 train), about 0.5 miles away in a straight line, roughly 9 minutes on foot. The MTA lists it as an accessible station. Also nearby: Buhre Av (the 6 train), 9 min walk; Middletown Rd (the 6 train), 12 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists HUTCH METRO CENTER I LLC as the owner of record of 1200 Waters Place (BBL 2042260070). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

1200 Waters Place's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 77.2 kBtu per square foot, 2.1 times the national median of 36.4 for a similar property. Its greenhouse gas emissions were about 3,577 metric tons of CO2e (7.93 kg per square foot).

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 1200 Waters Place. In the last two years, interior work was permitted on 2 floors (floors 1 and 2). The newest build-out, on floor 2, was first permitted in May 2026 (construction; filed cost estimate $150,000). These are the Department of Buildings' DOB NOW work permits for tax lot 2042260070. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $36.7 million for 1200 Waters Place. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.98 million a year, roughly $8.83 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2042260070 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 1200 Waters Place at $95.1 million ($13.9 million of it land) and its assessed value at $42.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($80.5 million) to 2026/27.

No space at 1200 Waters Place is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.