Want · Industrial
3PL operator needs last-mile warehouse
Posted by the tenant · Logistics
- Where
- South Bronx, Long Island City +1
- Size
- 15,000 to 30,000 SF
- Budget
- to $45/SF
- Move in
- Jan 2027
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Owners: got a fit?I have a fit
Warehouse · South Bronx, Bronx
131 Walnut Avenue
Bronx, NY 10454
131 Walnut Avenue is a 6-floor warehouse in the South Bronx, Bronx, built in 1912, with about 138,000 square feet of industrial and storage space according to city records.
Also at 829 East 134th Street.
- Industrial and storage space
- 138K SF
- Floors
- 6
- Year built
- 1912
- Zoning
- M3-1
The 10th largest of the 30 industrial and storage buildings we track in the South Bronx. Compare it with 6 neighbors
No space at 131 Walnut Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for the South Bronx and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 131 Walnut Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 131 Walnut Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1912; the median neighbor dates from 1922. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 131 Walnut Avenue | 138K SF | 6 | 1912 | Exempt | n/a |
| 875 East 136th Street | 55K SF | 3 | 1931 | $4.83 | n/a |
| 840 East 134th Street | 155K SF | 6 | 1912 | $4.40 | Jan 2014, $11.3M |
| 890 East 135th Street | 100K SF | 5 | 1920 | $3.61 | n/a |
| 845 East 136th Street | 85K SF | 2 | 1929 | $4.33 | Dec 2025, $21.7M |
| 781 East 133rd Street | 144K SF | 6 | 1925 | $2.84 | n/a |
| 780 East 135th Street | 85K SF | 5 | 1912 | $2.65 | Nov 2019, $17.5M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 829 East 134th Street
- ZIP code
- 10454
- Building type
- Warehouse (city class E1)
- Total floor area
- 137,605 SF
- Commercial floor area
- 137,605 SF
- Industrial and storage
- 137,605 SF
- Height
- 6 floors
- Average floor
- About 22,900 SF (floor area divided by floors)
- Year built
- 1912
- Last major alteration
- 1982
- Lot area
- 57,195 SF
- Zoning district
- M3-1
- Built FAR
- 2.41
- Max commercial FAR
- 2
- Tax lot (BBL)
- 2025860026
Nearest subway
- Cypress Av
- E 143 St-St Mary's St
- Brook Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists DCAS (the city's Department of Citywide Administrative Services) as the owner of record. For tax year 2026/27 the city values 131 Walnut Avenue at $15.9 million and assesses it at $7.17 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- DCAS (the city's Department of Citywide Administrative Services)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $15,926,000
- Land market value
- $900,000
- Assessed value
- $7,166,700
- Exemptions
- $7,166,700
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-03. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 131 Walnut Avenue in the 12 months to October 2026; the last one was first permitted in May 2025. A sidewalk shed permit here is active until December 30, 2026.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- May 2025
- Interior build-outs, last 24 months
- 0
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Dec 30, 2026
New jobs by year
Build-outs across the South BronxWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Industrial and storage space nearby in the South Bronx
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for industrial and storage space in the South Bronx yet. These labeled examples show what tenants post. List a space in 131 Walnut Avenue and we match it against every new one automatically.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 131 Walnut Avenue
How big is 131 Walnut Avenue?
131 Walnut Avenue has about 138,000 square feet of floor area in total, including 138,000 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.
When was 131 Walnut Avenue built?
City records list 1912 as the year built, with a major alteration recorded in 1982. The building is 6 floors tall.
What other addresses does 131 Walnut Avenue have?
City records list 829 East 134th Street on the same tax lot (BBL 2025860026) as 131 Walnut Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 131 Walnut Avenue?
131 Walnut Avenue is in ZIP code 10454, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 131 Walnut Avenue, Bronx, NY 10454, in the South Bronx.
What is the zoning at 131 Walnut Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.41 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 131 Walnut Avenue?
The closest subway station to 131 Walnut Avenue is Cypress Av (the 6 train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. Also nearby: E 143 St-St Mary's St (the 6 train), 11 min walk; Brook Av (the 6 train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 131 Walnut Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists DCAS (the city's Department of Citywide Administrative Services) as the owner of record of 131 Walnut Avenue (BBL 2025860026). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at 131 Walnut Avenue?
The Department of Buildings issued no permits for new jobs at 131 Walnut Avenue in the 12 months to October 2026; the last one was first permitted in May 2025. A sidewalk shed permit here is active until December 30, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 2025860026. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 131 Walnut Avenue?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 131 Walnut Avenue, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 2025860026 show what is actually billed.
What is the assessed value of 131 Walnut Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 131 Walnut Avenue at $15.9 million ($900,000 of it land) and its assessed value at $7.17 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($12.6 million) to 2026/27.
Is there industrial and storage space for lease at 131 Walnut Avenue?
No space at 131 Walnut Avenue 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.
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South Bronx
Transit hubs in the South Bronx
- 2 4 5 at 149 St-Hostos
- 6 at 3 Av-138 St