Warehouse · South Bronx, Bronx
2 St. Ann's Avenue
Bronx, NY 10454
2 St. Ann's Avenue is a 2-floor warehouse in the South Bronx, Bronx, built in 2017, with about 566,000 square feet of industrial and storage space according to city records.
Part of Harlem River Rail Yard. Also at 1 Fresh Direct Drive.
- Industrial and storage space
- 566K SF
- Floors
- 2
- Year built
- 2017
- Zoning
- M3-1
The largest of the 42 industrial and storage buildings we track in the South Bronx. Compare it with 6 neighbors
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Compared with its neighbors
How 2 St. Ann's Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 2 St. Ann's Avenue is the largest by industrial and storage floor area. Built in 2017, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 2 St. Ann's Avenue | 566K SF | 2 | 2017 | Exempt | n/a |
| 620 East 132nd Street | 44K SF | 2 | 1954 | $3.97 | n/a |
| 600 East 132nd Street | 45K SF | 1 | 1952 | $7.22 | n/a |
| 605 East 132nd Street | 38K SF | 5 | 1931 | $6.64 | Mar 2015, $2.7M |
| 550 East 132nd Street | 98K SF | 1 | 1967 | Exempt | Dec 2012, $10M |
| 120 Bruckner Boulevard | 104K SF | 6 | 1913 | $3.26 | n/a |
| 112 Bruckner Boulevard | 87K SF | 3 | 1924 | $7.29 | Dec 2012, $24.1M (2 lots) |
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
- Part of
- Harlem River Rail Yard
- Other address
- 1 Fresh Direct Drive
- ZIP code
- 10454
- Building type
- Warehouse (city class E9)
- Total floor area
- 566,233 SF
- Commercial floor area
- 566,233 SF
- Industrial and storage
- 566,233 SF
- Height
- 2 floors
- Year built
- 2017
- Lot area
- 577,303 SF
- Zoning district
- M3-1
- Built FAR
- 0.98
- Max commercial FAR
- 2
- Tax lot (BBL)
- 2025430001
Nearest subway
- Cypress Av
- Brook Av
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
Property tax and assessed value
For tax year 2026/27 the city values 2 St. Ann's Avenue at $124.9 million and assesses it at $56.2 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $124,918,000
- Land market value
- $2,212,000
- Assessed value
- $56,213,100
- Exemptions
- $56,213,100
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
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Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
2 St. Ann's 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 229 kBtu per square foot, 19% below the national median of 283.5 for a similar property. Its greenhouse gas emissions were about 12,333 metric tons of CO2e (18.74 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Food Service
- Site energy use intensity
- 229 kBtu/SF
- National median for the type
- 283.5 kBtu/SF
- Greenhouse gas emissions
- 12,333 t CO2e
- Emissions per SF
- 18.74 kg CO2e
- Floor area in the filing
- 658,066 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.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 2 St. Ann's Avenue in the 12 months to October 2026; the last one was first permitted in June 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- June 2023
- Interior build-outs, last 24 months
- 0
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 2026-10-24 (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 the South Bronx 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
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 2 St. Ann's Avenue
How big is 2 St. Ann's Avenue?
2 St. Ann's Avenue has about 566,000 square feet of floor area in total, including 566,000 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 2 St. Ann's Avenue built?
City records list 2017 as the year built. The building is 2 floors tall.
What other addresses does 2 St. Ann's Avenue have?
City records list 1 Fresh Direct Drive on the same tax lot (BBL 2025430001) as 2 St. Ann's Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 2 St. Ann's Avenue?
2 St. Ann's 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 2 St. Ann's Avenue, Bronx, NY 10454, in the South Bronx.
What is the zoning at 2 St. Ann's Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.98 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 2 St. Ann's Avenue?
The closest subway station to 2 St. Ann's Avenue is Cypress Av (the 6 train), about 0.4 miles away in a straight line, roughly 9 minutes on foot. Also nearby: Brook Av (the 6 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Does 2 St. Ann's Avenue have an energy grade?
2 St. Ann's 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 229 kBtu per square foot, 19% below the national median of 283.5 for a similar property. Its greenhouse gas emissions were about 12,333 metric tons of CO2e (18.74 kg per square foot).
Is there construction at 2 St. Ann's Avenue?
The Department of Buildings issued no permits for new jobs at 2 St. Ann's Avenue in the 12 months to October 2026; the last one was first permitted in June 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 2025430001. 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 2 St. Ann's Avenue?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 2 St. Ann's 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 2025430001 show what is actually billed.
What is the assessed value of 2 St. Ann's Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 2 St. Ann's Avenue at $124.9 million ($2.21 million of it land) and its assessed value at $56.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($108.3 million) to 2026/27.
Is there industrial and storage space for lease at 2 St. Ann's Avenue?
No space at 2 St. Ann's 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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