Office building with commercial space · Concourse, Bronx

260 East 161st Street

Bronx, NY 10451

260 East 161st Street is a 10-floor office building with commercial space in Concourse, Bronx, built in 1930, with about 221,000 square feet of office space according to city records.

Also at 847-857 Concourse Village East and 244-268 East 161st Street.

Office space
221K SF
Floors
10
Year built
1930
Zoning
C6-2

Office space next to its nearest neighbors

  1. 198 East 161st Street2 min walk310K SF
  2. 260 East 161st StreetThis building221K SF
  3. 820 Concourse Village W3 min walk75K SF

The 2nd largest of the 5 office buildings we track in Concourse. Compare it with 6 neighbors

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Compared with its neighbors

How 260 East 161st Street compares

Next to the 6 nearest large office buildings, all within a 13 minute walk, 260 East 161st Street ranks 2nd of 7 by office floor area. It went up in 1930; the median neighbor dates from 1965. Its estimated property tax, about $6.60 a square foot of floor area before abatements, is below the neighbors' median of $9.06.

260 East 161st Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
260 East 161st StreetThis building221K SF101930$6.60Dec 2017, $115M
198 East 161st Street2 min walk310K SF101994Exemptn/a
820 Concourse Village W3 min walk75K SF52011$9.86n/a
151 East 151st Street10 min walk77K SF92008Exemptn/a
349 East 149th Street12 min walk59K SF101927$8.27n/a
558 Grand Concourse12 min walk71K SF41937$7.85Jul 2025, $44M
391 East 149th Street13 min walk56K SF61908$13.53n/a
The 2nd largest of the 5 office buildings we track in Concourse: see the full list

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 addresses
847-857 Concourse Village East; 244-268 East 161st Street
ZIP code
10451
Building type
Office building with commercial space (city class O6)
Total floor area
252,375 SF
Commercial floor area
252,375 SF
Office
221,223 SF
Retail
20,572 SF
Industrial and storage
10,580 SF
Height
10 floors
Average floor
About 25,200 SF (floor area divided by floors)
Year built
1930
Last major alteration
2024
Lot area
23,300 SF
Zoning district
C6-2
Built FAR
10.83
Max commercial FAR
6
Tax lot (BBL)
2024430100

Nearest subway

  • 161 St-Yankee Stadium8 min walk · Accessible station
  • 167 St12 min walk · Not accessible
  • 149 St-Hostos13 min walk · Accessible station

Nearby large buildings

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 JPPF 260E161, L.P. as the owner of record. For tax year 2026/27 the city values 260 East 161st Street at $54.4 million and assesses it at $24.5 million. After phase-ins and exemptions its taxable value is $15.4 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 $1.67 million a year before abatements, roughly $6.60 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
JPPF 260E161, L.P.
Tax class
Class 4 (commercial and industrial)
City market value
$54,438,000
Land market value
$1,165,000
Assessed value
$24,497,100
Taxable value (phased in)
$22,106,330
Exemptions
$6,747,300
Estimated yearly tax
About $1.67 million
Tax per SF of floor area
About $6.60

City market value by tax year

  • 2022/23$41.7 million
  • 2023/24$47.3 million
  • 2024/25$50.5 million
  • 2025/26$51.3 million
  • 2026/27$54.4 million

Market value rose 30% from 2022/23 ($41.7 million) to 2026/27.

How Concourse compares: property tax per SF across NYC neighborhoods

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; 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.

NYC property records (ACRIS)

Sales history

260 East 161st Street last sold in December 2017 for $115.2 million, according to the deed recorded with the city. ACADIA 161ST STREET LLC sold it to JPPF 260E161, L.P..

Last sale (deed date)
December 13, 2017
Price
$115,224,210
Seller
ACADIA 161ST STREET LLC
Buyer
JPPF 260E161, L.P.
Deed recorded
December 19, 2017
ACRIS document
2017121500729002

Recorded sales

All 2 building sales in Concourse since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; 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 score, grade and emissions

260 East 161st Street reported an ENERGY STAR score of 25 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 102.3 kBtu per square foot, 35% above the national median of 75.7 for a similar property. Its greenhouse gas emissions were about 2,580 metric tons of CO2e (9.7 kg per square foot).

ENERGY STAR score (2024)
25 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
Office
Site energy use intensity
102.3 kBtu/SF
National median for the type
75.7 kBtu/SF
Greenhouse gas emissions
2,580 t CO2e
Emissions per SF
9.7 kg CO2e
Floor area in the filing
266,042 SF

ENERGY STAR score by year

  • 202229 (D)
  • 202324 (D)
  • 202425 (D)

Energy sources in 2024

  • Electricity53%
  • Fuel oil43%
  • Natural gas4%

Share of the energy used on site, as filed.

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 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 260 East 161st Street. In the last two years, interior work was permitted on one floor (floor 1 and the sub-cellar). The newest build-out, on the sub-cellar, was first permitted in December 2025 (mechanical; filed cost estimate $6,000).

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
December 2025
Interior build-outs, last 24 months
3
Floors with interior work, last 24 months
1, sub-cellar
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Sub-cellarDecember 2025Mechanical; est. $6,000; signed off
  • Floor 1January 2025Construction, Plumbing; est. $46,000; signed off
  • Floor 1, roofDecember 2024Mechanical; est. $24,000; signed off

New jobs by year

  • 20210
  • 20221
  • 20236
  • 20243
  • 20256
  • 2026 to date0

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.

Before you sign

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Questions about 260 East 161st Street

How big is 260 East 161st Street?

260 East 161st Street has about 252,000 square feet of floor area in total, including 221,000 square feet of office, 21,000 square feet of retail and 11,000 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 260 East 161st Street built?

City records list 1930 as the year built, with a major alteration recorded in 2024. The building is 10 floors tall.

What other addresses does 260 East 161st Street have?

City records list 847-857 Concourse Village East and 244-268 East 161st Street on the same tax lot (BBL 2024430100) as 260 East 161st Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 260 East 161st Street?

260 East 161st Street 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 260 East 161st Street, Bronx, NY 10451, in Concourse.

What is the zoning at 260 East 161st Street?

The lot is in the C6-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.83 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 260 East 161st Street?

The closest subway station to 260 East 161st Street is 161 St-Yankee Stadium (the 4, B and D trains), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: 167 St (the B and D trains), 12 min walk; 149 St-Hostos (the 2, 4 and 5 trains), 13 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 260 East 161st Street?

The NYC Department of Finance's 2026/27 assessment roll lists JPPF 260E161, L.P. as the owner of record of 260 East 161st Street (BBL 2024430100). 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 260 East 161st Street last sold?

260 East 161st Street last sold in December 2017 for $115.2 million, according to the deed recorded with the city. ACADIA 161ST STREET LLC sold it to JPPF 260E161, L.P.. The deed is ACRIS document 2017121500729002 (BBL 2024430100) 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.

What is the energy grade of 260 East 161st Street?

260 East 161st Street reported an ENERGY STAR score of 25 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 25 earns a D. 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 102.3 kBtu per square foot, 35% above the national median of 75.7 for a similar property. Its greenhouse gas emissions were about 2,580 metric tons of CO2e (9.7 kg per square foot).

Is there construction at 260 East 161st Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 260 East 161st Street. In the last two years, interior work was permitted on one floor (floor 1 and the sub-cellar). The newest build-out, on the sub-cellar, was first permitted in December 2025 (mechanical; filed cost estimate $6,000). These are the Department of Buildings' DOB NOW work permits for tax lot 2024430100. 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 260 East 161st Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $15.4 million for 260 East 161st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.67 million a year, roughly $6.60 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2024430100 show the actual bill.

What is the assessed value of 260 East 161st Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 260 East 161st Street at $54.4 million ($1.17 million of it land) and its assessed value at $24.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 30% from 2022/23 ($41.7 million) to 2026/27.

Is there office space for lease at 260 East 161st Street?

No space at 260 East 161st Street 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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