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
Factory and industrial building · South Bronx, Bronx
Bronx, NY 10451
2590 Park Avenue is a 1-floor factory and industrial building in the South Bronx, Bronx, built in 1958, with about 41,000 square feet of industrial and storage space according to city records.
Also at 301-315 Canal Place, 200-222 East 140th Street and 2580-2590 Park Avenue.
The 36th 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
Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 2590 Park Avenue ranks 5th of 7 by industrial and storage floor area. It went up in 1958; the median neighbor dates from 1931. Its estimated property tax, about $3.51 a square foot of floor area before abatements, is close to the neighbors' median of $3.63.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 2590 Park Avenue | 41K SF | 1 | 1958 | $3.51 | Dec 2016, $11M |
| 349 Rider Avenue | 54K SF | 6 | 1909 | $2.79 | n/a |
| 371 Rider Avenue | 48K SF | 4 | 1931 | $2.71 | n/a |
| 220 East 138th Street | 35K SF | 2 | 1931 | $2.11 | Aug 2008, $5.3M |
| 175 Canal Street West | 38K SF | 1 | 1931 | $6.06 | Feb 2026, $9.8M |
| 215 Rider Avenue | 42K SF | 1 | 1965 | $4.48 | n/a |
| 385 Gerard Avenue | 395K SF | 12 | 1923 | $5.48 | Oct 2012, $28.5M (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
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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
The Department of Finance lists 2590 PARK AVENUE, LLC as the owner of record. For tax year 2026/27 the city values 2590 Park Avenue at $3.52 million and assesses it at $1.58 million. After phase-ins and exemptions its taxable value is $1.58 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 $171,832 a year before abatements, roughly $3.51 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.
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 2026-10-09; 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.
Own or manage 2590 Park Avenue? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
2590 Park Avenue last sold in December 2016 for $11 million, according to the deed recorded with the city. STREAMLINE REALTY LLC sold it to 2590 PARK AVENUE, LLC. That comes to about $225 per square foot of floor area.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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)
2590 Park 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 58.1 kBtu per square foot. Its greenhouse gas emissions were about 218 metric tons of CO2e (4.45 kg per square foot).
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 2026-10-09; 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
At its 2024 energy use, 2590 Park Avenue comes to about 185 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 371 tons for 2024 to 2029 (50% of the limit), so it would owe no penalty. From 2030 the limit drops to 69 tons and the same energy use counts as about 140 tons, about 70 tons over, or an estimated $19,000 a year unless the building cuts its emissions.
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 48,952 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.
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Posted by the tenant · Logistics
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2590 Park Avenue has about 49,000 square feet of floor area in total, including 8,000 square feet of office and 41,000 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 1958 as the year built, with a major alteration recorded in 1997. The building is 1 floor tall.
City records list 301-315 Canal Place, 200-222 East 140th Street and 2580-2590 Park Avenue on the same tax lot (BBL 2023400028) as 2590 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
2590 Park Avenue is in ZIP code 10451, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2590 Park Avenue, Bronx, NY 10451, in the South Bronx.
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.97 and a maximum commercial FAR of 2 for this lot.
The closest subway station to 2590 Park Avenue is 138 St-Grand Concourse (the 4 and 5 trains), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 3 Av-138 St (the 6 train), 5 min walk; 149 St-Hostos (the 2, 4 and 5 trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists 2590 PARK AVENUE, LLC as the owner of record of 2590 Park Avenue (BBL 2023400028). 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.
2590 Park Avenue last sold in December 2016 for $11 million, according to the deed recorded with the city. STREAMLINE REALTY LLC sold it to 2590 PARK AVENUE, LLC. That comes to about $225 per square foot of floor area. The deed is ACRIS document 2016122201810001 (BBL 2023400028) 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.
2590 Park 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 58.1 kBtu per square foot. Its greenhouse gas emissions were about 218 metric tons of CO2e (4.45 kg per square foot).
At its 2024 energy use, 2590 Park Avenue comes to about 185 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 371 tons for 2024 to 2029 (50% of the limit), so it would owe no penalty. From 2030 the limit drops to 69 tons and the same energy use counts as about 140 tons, about 70 tons over, or an estimated $19,000 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.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.58 million for 2590 Park Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $171,832 a year, roughly $3.51 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2023400028 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 2590 Park Avenue at $3.52 million ($661,000 of it land) and its assessed value at $1.58 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 12% from 2022/23 ($3.98 million) to 2026/27.
No space at 2590 Park 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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