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
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.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 3250 Westchester Avenue | 66K SF | 2 | 1954 | $11.41 | Mar 2023, $57M (3 lots) |
| 3651 Bruckner Boulevard | 86K SF | 7 | 2020 | $9.57 | Mar 2023, $57M (3 lots) |
| 1200 Waters Place | 421K SF | 4 | 1974 | $8.83 | n/a |
| 1250 Waters Place | 538K SF | 13 | 2007 | $3.26 | n/a |
| 1776 Eastchester Road | 173K SF | 8 | 1966 | $8.88 | n/a |
| 1695 Eastchester Road | 81K SF | 6 | 1990 | $11.43 | 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 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 Park
- Buhre Av
- Middletown Rd
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
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
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
New jobs by year
Build-outs across Westchester SquareWhere NYC offices are being built out
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 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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Westchester Square
Transit hubs in Westchester Square
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