Self-storage building · South Bronx, Bronx
359 Wales Avenue
Bronx, NY 10454
359 Wales Avenue is a 4-floor self-storage building in the South Bronx, Bronx, built in 1914, with about 56,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 56K SF
- Floors
- 4
- Year built
- 1914
- Zoning
- M1-3
The 26th 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 359 Wales Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 359 Wales Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1914; the median neighbor dates from 1938. Its estimated property tax, about $5.28 a square foot of floor area before abatements, is above the neighbors' median of $3.63.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 359 Wales Avenue | 56K SF | 4 | 1914 | $5.28 |
| 387 Southern Boulevard | 83K SF | 4 | 1910 | $3.84 |
| 307 Bruckner Boulevard | 98K SF | 2 | 2025 | $0.46 |
| 828 East 144th Street | 74K SF | 1 | 1946 | $3.42 |
| 340 Bruckner Boulevard | 223K SF | 8 | 1929 | $7.03 |
| 430 Southern Boulevard | 186K SF | 5 | 1931 | $2.79 |
| 327 Walnut Avenue | 53K SF | 4 | 2016 | $6.03 |
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). 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
- ZIP code
- 10454
- Building type
- Self-storage building (city class E7)
- Total floor area
- 55,576 SF
- Commercial floor area
- 55,576 SF
- Industrial and storage
- 55,576 SF
- Height
- 4 floors
- Average floor
- About 13,900 SF (floor area divided by floors)
- Year built
- 1914
- Last major alteration
- 1923
- Lot area
- 14,400 SF
- Zoning district
- M1-3
- Built FAR
- 3.86
- Max commercial FAR
- 5
- Tax lot (BBL)
- 2025740064
Nearest subway
- E 143 St-St Mary's St
- Cypress Av
- E 149 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 359 Wales Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across the South Bronx
- 11.8%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in the South Bronx? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists TUCK-IT-AWAY ASSOCIATES-WALES, LLC as the owner of record. For tax year 2026/27 the city values 359 Wales Avenue at $9.56 million and assesses it at $4.3 million. After phase-ins and exemptions its taxable value is $2.71 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 $293,642 a year before abatements, roughly $5.28 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
- TUCK-IT-AWAY ASSOCIATES-WALES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,559,000
- Land market value
- $118,000
- Assessed value
- $4,301,550
- Taxable value (phased in)
- $2,706,874
- Estimated yearly tax
- About $293,642
- Tax per SF of floor area
- About $5.28
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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 2026-10-16; 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.
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NYC property records (ACRIS)
Sales history
359 Wales Avenue last sold in January 2006 for $4.5 million, according to the deed recorded with the city. CASA WALES HOUSING DEVELOPMENT FUND CORP. sold it to TUCK-IT-AWAY ASSOCIATES-WALES, LLC. That comes to about $81 per square foot of floor area.
- Last sale (deed date)
- January 12, 2006
- Price
- $4,500,000
- Price per SF of floor area
- About $81
- Seller
- CASA WALES HOUSING DEVELOPMENT FUND CORP.
- Buyer
- TUCK-IT-AWAY ASSOCIATES-WALES, LLC
- Deed recorded
- February 1, 2006
- ACRIS document
- 2006012000412001
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 359 Wales Avenue in the 12 months to October 2026; the last one was first permitted in January 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2024
- 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
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How much is commercial rent in NYC? Per square foot, by borough
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Questions about 359 Wales Avenue
How big is 359 Wales Avenue?
359 Wales Avenue has about 56,000 square feet of floor area in total, including 56,000 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 359 Wales Avenue built?
City records list 1914 as the year built, with a major alteration recorded in 1923. The building is 4 floors tall.
What is the ZIP code of 359 Wales Avenue?
359 Wales 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 359 Wales Avenue, Bronx, NY 10454, in the South Bronx.
What is the zoning at 359 Wales Avenue?
The lot is in the M1-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.86 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 359 Wales Avenue?
The closest subway station to 359 Wales Avenue is E 143 St-St Mary's St (the 6 train), about 600 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Cypress Av (the 6 train), 6 min walk; E 149 St (the 6 train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 359 Wales Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists TUCK-IT-AWAY ASSOCIATES-WALES, LLC as the owner of record of 359 Wales Avenue (BBL 2025740064). 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 359 Wales Avenue last sold?
359 Wales Avenue last sold in January 2006 for $4.5 million, according to the deed recorded with the city. CASA WALES HOUSING DEVELOPMENT FUND CORP. sold it to TUCK-IT-AWAY ASSOCIATES-WALES, LLC. That comes to about $81 per square foot of floor area. The deed is ACRIS document 2006012000412001 (BBL 2025740064) 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 359 Wales Avenue?
The Department of Buildings issued no permits for new jobs at 359 Wales Avenue in the 12 months to October 2026; the last one was first permitted in January 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 2025740064. 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 359 Wales Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.71 million for 359 Wales Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $293,642 a year, roughly $5.28 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2025740064 show the actual bill.
What is the assessed value of 359 Wales Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 359 Wales Avenue at $9.56 million ($118,000 of it land) and its assessed value at $4.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 142% from 2022/23 ($3.95 million) to 2026/27.
Are there vacant storefronts at 359 Wales Avenue?
Owners registered one storefront at 359 Wales Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there industrial and storage space for lease at 359 Wales Avenue?
No space at 359 Wales 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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South Bronx
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