Office building · Westchester Square, Bronx

3250 Westchester Avenue

Bronx, NY 10461

3250 Westchester Avenue is a 2-floor office building in Westchester Square, Bronx, built in 1954, with about 66,000 square feet of office space according to city records.

Also at 3232-3264 Westchester Avenue.

Office space
66K SF
Floors
2
Year built
1954
Zoning
R7-1

Office space next to its nearest neighbors

  1. 1200 Waters Place9 min walk421K SF
  2. 3651 Bruckner Boulevard1 min walk86K SF
  3. 3250 Westchester AvenueThis building66K SF

The 8th largest of the 9 office buildings we track in Westchester Square. Compare it with 5 neighbors

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Compared with its neighbors

How 3250 Westchester Avenue compares

Next to the 5 nearest large office buildings, all within a 19 minute walk, 3250 Westchester Avenue is the smallest by office floor area. Built in 1954, it is the oldest of them. Its estimated property tax, about $11.41 a square foot of floor area before abatements, is above the neighbors' median of $8.88.

3250 Westchester Avenue and the 5 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
3250 Westchester AvenueThis building66K SF21954$11.41Mar 2023, $57M (3 lots)
3651 Bruckner Boulevard1 min walk86K SF72020$9.57Mar 2023, $57M (3 lots)
1200 Waters Place9 min walk421K SF41974$8.83n/a
1250 Waters Place11 min walk538K SF132007$3.26n/a
1776 Eastchester Road15 min walk173K SF81966$8.88n/a
1695 Eastchester Road19 min walk81K SF61990$11.43n/a
The 8th largest of the 9 office buildings we track in Westchester Square: 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 address
3232-3264 Westchester Avenue
ZIP code
10461
Building type
Office building (city class O2)
Total floor area
65,596 SF
Commercial floor area
65,596 SF
Office
65,596 SF
Height
2 floors
Year built
1954
Last major alteration
2018
Lot area
29,689 SF
Zoning district
R7-1
Built FAR
2.21
Tax lot (BBL)
2042390005

Nearest subway

  • Pelham Bay Park1 min walk · Accessible station
  • Buhre Av8 min walk · Not accessible
  • Middletown Rd14 min walk · Not accessible

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 BP GROUP BRONX TIC LLC as the owner of record. For tax year 2026/27 the city values 3250 Westchester Avenue at $17 million and assesses it at $7.67 million. After phase-ins and exemptions its taxable value is $6.9 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 $748,702 a year before abatements, roughly $11.41 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
BP GROUP BRONX TIC LLC
Tax class
Class 4 (commercial and industrial)
City market value
$17,035,000
Land market value
$1,515,000
Assessed value
$7,665,750
Taxable value (phased in)
$6,901,750
Estimated yearly tax
About $748,702
Tax per SF of floor area
About $11.41

City market value by tax year

  • 2022/23$11.6 million
  • 2023/24$17.3 million
  • 2024/25$20.2 million
  • 2025/26$20.3 million
  • 2026/27$17 million

Market value rose 47% from 2022/23 ($11.6 million) to 2026/27.

How Westchester Square 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

3250 Westchester Avenue last sold in March 2023 in a $57 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. RESTER USA LP sold it to BP GROUP BRONX TIC LLC.

Last sale (deed date)
March 8, 2023
Combined price
$57,044,793 for 3 tax lots
Seller
RESTER USA LP
Buyer
BP GROUP BRONX TIC LLC
Deed recorded
March 13, 2023
ACRIS document
2023031000114002

Recorded sales

All 6 building sales in Westchester Square 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; a price for several tax lots is the combined price, not this building's alone.

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 3250 Westchester Avenue. In the last two years, interior work was permitted on 8 floors (floors 1 to 8, the basement and the ground floor). The newest build-out, on floors 1 to 8, the basement, the ground floor and the open space, was first permitted in August 2025 (construction, construction fence, support of excavation; filed cost estimate $54 million).

New jobs, last 12 months
1
Initial permits, last 12 months
3
Newest job first permitted
July 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
1 to 8, basement, ground floor

Recent build-outs

  • Floors 1 to 8, basement, ground floor, open spaceAugust 2025Construction, Construction fence, Support of Excavation; est. $54 million

New jobs by year

  • 20214
  • 20222
  • 20236
  • 20242
  • 20251
  • 2026 to date1

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.

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Questions about 3250 Westchester Avenue

How big is 3250 Westchester Avenue?

3250 Westchester Avenue has about 66,000 square feet of floor area in total, including 66,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 3250 Westchester Avenue built?

City records list 1954 as the year built, with a major alteration recorded in 2018. The building is 2 floors tall.

What other addresses does 3250 Westchester Avenue have?

City records list 3232-3264 Westchester Avenue on the same tax lot (BBL 2042390005) as 3250 Westchester Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 3250 Westchester Avenue?

3250 Westchester 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 3250 Westchester Avenue, Bronx, NY 10461, in Westchester Square.

What is the zoning at 3250 Westchester Avenue?

The lot is in the R7-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.21 for this lot.

What subway station is closest to 3250 Westchester Avenue?

The closest subway station to 3250 Westchester Avenue is Pelham Bay Park (the 6 train), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Buhre Av (the 6 train), 8 min walk; Middletown Rd (the 6 train), 14 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 3250 Westchester Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists BP GROUP BRONX TIC LLC as the owner of record of 3250 Westchester Avenue (BBL 2042390005). 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 3250 Westchester Avenue last sold?

3250 Westchester Avenue last sold in March 2023 in a $57 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. RESTER USA LP sold it to BP GROUP BRONX TIC LLC. The deed is ACRIS document 2023031000114002 (BBL 2042390005) 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.

Is there construction at 3250 Westchester Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 3250 Westchester Avenue. In the last two years, interior work was permitted on 8 floors (floors 1 to 8, the basement and the ground floor). The newest build-out, on floors 1 to 8, the basement, the ground floor and the open space, was first permitted in August 2025 (construction, construction fence, support of excavation; filed cost estimate $54 million). These are the Department of Buildings' DOB NOW work permits for tax lot 2042390005. 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 3250 Westchester Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.9 million for 3250 Westchester Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $748,702 a year, roughly $11.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2042390005 show the actual bill.

What is the assessed value of 3250 Westchester Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 3250 Westchester Avenue at $17 million ($1.51 million of it land) and its assessed value at $7.67 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 47% from 2022/23 ($11.6 million) to 2026/27.

Is there office space for lease at 3250 Westchester Avenue?

No space at 3250 Westchester 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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