1502 Bassett Avenue

1502 Bassett Avenue has about 366,000 square feet of floor area in total, including 366,000 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 1951 as the year built, with a major alteration recorded in 2019. The building is 2 floors tall.

City records list 1500-1502 Bassett Avenue on the same tax lot (BBL 2042260005) as 1502 Bassett Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

1502 Bassett Avenue 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 1502 Bassett Avenue, Bronx, NY 10461, in Westchester Square.

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.7 and a maximum commercial FAR of 1 for this lot.

The closest subway station to 1502 Bassett Avenue is Buhre Av (the 6 train), about 0.6 miles away in a straight line, roughly 12 minutes on foot. Also nearby: Middletown Rd (the 6 train), 13 min walk; Pelham Bay Park (the 6 train), 13 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists RLF II BASSETT, LLC as the owner of record of 1502 Bassett Avenue (BBL 2042260005). 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.

1502 Bassett Avenue last sold in December 2018 for $115 million, according to the deed recorded with the city. M&M SERVICE CENTER, LLC sold it to RLF II BASSETT, LLC. The deed is ACRIS document 2018122800496001 (BBL 2042260005) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

1502 Bassett Avenue reported an ENERGY STAR score of 71 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 71 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 37.9 kBtu per square foot, 33% below the national median of 56.7 for a similar property. Its greenhouse gas emissions were about 1,072 metric tons of CO2e (2.93 kg per square foot).

The Department of Buildings issued no permits for new jobs at 1502 Bassett Avenue in the 12 months to October 2026; the last one was first permitted in January 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 2042260005. 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 $21.3 million for 1502 Bassett Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.31 million a year, roughly $6.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2042260005 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 1502 Bassett Avenue at $59 million ($15.7 million of it land) and its assessed value at $26.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 151% from 2022/23 ($23.5 million) to 2026/27.

No space at 1502 Bassett 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.