Factory and industrial building · West Farms, Bronx
1788 Hoe Avenue
Bronx, NY 10460
1788 Hoe Avenue is a 2-floor factory and industrial building in West Farms, Bronx, built in 1931, with about 59,000 square feet of industrial and storage space according to city records.
Also at 1776 Hoe Avenue.
- Industrial and storage space
- 59K SF
- Floors
- 2
- Year built
- 1931
- Zoning
- C8-3
The 5th largest of the 8 industrial and storage buildings we track in West Farms. Compare it with 6 neighbors
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Compared with its neighbors
How 1788 Hoe Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 10 minute walk, 1788 Hoe Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1931; the median neighbor dates from 1947. Its estimated property tax, about $2.98 a square foot of floor area before abatements, is below the neighbors' median of $5.01.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1788 Hoe Avenue | 59K SF | 2 | 1931 | $2.98 | Mar 2025, $10.6M |
| 1800 Boston Road | 45K SF | 2 | 1931 | $3.30 | n/a |
| 1816 Boston Road | 44K SF | 2 | 1928 | $4.99 | Feb 2012, $8.8M |
| 1810 Southern Boulevard | 97K SF | 3 | 2004 | $5.19 | n/a |
| 1571 Southern Boulevard | 46K SF | 7 | 1913 | $4.53 | n/a |
| 1725 West Farms Road | 65K SF | 2 | 1963 | $7.59 | May 2006, $16.9M |
| 1112 East Tremont Avenue | 59K SF | 2 | 2014 | $5.02 | n/a |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 1776 Hoe Avenue
- ZIP code
- 10460
- Building type
- Factory and industrial building (city class F2)
- Total floor area
- 58,962 SF
- Commercial floor area
- 58,962 SF
- Industrial and storage
- 58,962 SF
- Height
- 2 floors
- Year built
- 1931
- Lot area
- 52,493 SF
- Zoning district
- C8-3
- Built FAR
- 1.12
- Max commercial FAR
- 2
- Tax lot (BBL)
- 2029910034
Nearest subway
- 174 St
- West Farms Sq-E Tremont Av
- Freeman St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 ASTWOOD REALTY, LLC as the owner of record. For tax year 2026/27 the city values 1788 Hoe Avenue at $3.98 million and assesses it at $1.79 million. After phase-ins and exemptions its taxable value is $1.62 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $175,972 a year before abatements, roughly $2.98 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- ASTWOOD REALTY, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,982,000
- Land market value
- $787,000
- Assessed value
- $1,791,900
- Taxable value (phased in)
- $1,622,160
- Estimated yearly tax
- About $175,972
- Tax per SF of floor area
- About $2.98
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
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NYC property records (ACRIS)
Sales history
1788 Hoe Avenue last sold in March 2025 for $10.6 million, according to the deed recorded with the city. MONTEFIORE MEDICAL CENTER sold it to ASTWOOD REALTY, LLC. That comes to about $180 per square foot of floor area.
- Last sale (deed date)
- March 7, 2025
- Price
- $10,600,000
- Price per SF of floor area
- About $180
- Seller
- MONTEFIORE MEDICAL CENTER
- Buyer
- ASTWOOD REALTY, LLC
- Deed recorded
- March 13, 2025
- ACRIS document
- 2025031200455001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
1788 Hoe Avenue'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 344.2 kBtu per square foot. Its greenhouse gas emissions were about 1,426 metric tons of CO2e (24.18 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 344.2 kBtu/SF
- Greenhouse gas emissions
- 1,426 t CO2e
- Emissions per SF
- 24.18 kg CO2e
- Floor area in the filing
- 58,962 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 1788 Hoe Avenue comes to about 1,255 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 447 tons for 2024 to 2029: about 808 tons over, an estimated penalty of $217,000 a year. From 2030 the limit drops to 84 tons and the same energy use counts as about 1,018 tons, about 935 tons over, or an estimated $251,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 447 t CO2e
- Estimated emissions
- 1,255 t CO2e
- Over the limit by
- 808 t CO2e
- Estimated penalty a year
- $217,000
- Period
- 2030 to 2034
- Emissions limit
- 84 t CO2e
- Estimated emissions
- 1,018 t CO2e
- Over the limit by
- 935 t CO2e
- Estimated penalty a year
- $251,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 58,962 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 1788 Hoe Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 1788 Hoe Avenue in the 12 months to October 2026; the last one was first permitted in April 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- April 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across West FarmsWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
No industrial and storage space listed in West Farms yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
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Questions about 1788 Hoe Avenue
How big is 1788 Hoe Avenue?
1788 Hoe Avenue has about 59,000 square feet of floor area in total, including 59,000 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 1788 Hoe Avenue built?
City records list 1931 as the year built. The building is 2 floors tall.
What other addresses does 1788 Hoe Avenue have?
City records list 1776 Hoe Avenue on the same tax lot (BBL 2029910034) as 1788 Hoe Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1788 Hoe Avenue?
1788 Hoe Avenue is in ZIP code 10460, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1788 Hoe Avenue, Bronx, NY 10460, in West Farms.
What is the zoning at 1788 Hoe Avenue?
The lot is in the C8-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.12 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 1788 Hoe Avenue?
The closest subway station to 1788 Hoe Avenue is 174 St (the 2 and 5 trains), about 500 feet away in a straight line, roughly 2 minutes on foot. Also nearby: West Farms Sq-E Tremont Av (the 2 and 5 trains), 7 min walk; Freeman St (the 2 and 5 trains), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1788 Hoe Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists ASTWOOD REALTY, LLC as the owner of record of 1788 Hoe Avenue (BBL 2029910034). 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.
When was 1788 Hoe Avenue last sold?
1788 Hoe Avenue last sold in March 2025 for $10.6 million, according to the deed recorded with the city. MONTEFIORE MEDICAL CENTER sold it to ASTWOOD REALTY, LLC. That comes to about $180 per square foot of floor area. The deed is ACRIS document 2025031200455001 (BBL 2029910034) 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.
Does 1788 Hoe Avenue have an energy grade?
1788 Hoe Avenue'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 344.2 kBtu per square foot. Its greenhouse gas emissions were about 1,426 metric tons of CO2e (24.18 kg per square foot).
Does 1788 Hoe Avenue meet Local Law 97?
At its 2024 energy use, 1788 Hoe Avenue comes to about 1,255 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 447 tons for 2024 to 2029: about 808 tons over, an estimated penalty of $217,000 a year. From 2030 the limit drops to 84 tons and the same energy use counts as about 1,018 tons, about 935 tons over, or an estimated $251,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 1788 Hoe Avenue?
The Department of Buildings issued no permits for new jobs at 1788 Hoe Avenue in the 12 months to October 2026; the last one was first permitted in April 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 2029910034. 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 1788 Hoe Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.62 million for 1788 Hoe Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $175,972 a year, roughly $2.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2029910034 show the actual bill.
What is the assessed value of 1788 Hoe Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1788 Hoe Avenue at $3.98 million ($787,000 of it land) and its assessed value at $1.79 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($3.16 million) to 2026/27.
Is there industrial and storage space for lease at 1788 Hoe Avenue?
No space at 1788 Hoe 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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West Farms
Transit hubs in West Farms
- 2 5 at West Farms Sq-E Tremont Av
- 2 5 at 174 St
- 2 5 at E 180 St