Self-storage building · Harlem, Manhattan
38 Convent Avenue
New York, NY 10027
38 Convent Avenue is a 2-floor self-storage building in Harlem, Manhattan, built in 1905, with about 84,000 square feet of industrial and storage space according to city records.
Also at 38-42 Convent Avenue, 435-485 West 129th Street and 474 West 130th Street.
- Industrial and storage space
- 84K SF
- Floors
- 2
- Year built
- 1905
- Zoning
- R7A
The 6th largest of the 6 industrial and storage buildings we track in Harlem. Compare it with 4 neighbors
No space at 38 Convent Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 38 Convent Avenue compares
Next to the 4 nearest large industrial and storage buildings, all within a 20 minute walk, 38 Convent Avenue is the smallest by industrial and storage floor area. Built in 1905, it is the oldest of them. Its estimated property tax, about $7.04 a square foot of floor area before abatements, is above the neighbors' median of $6.54.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 38 Convent Avenue | 84K SF | 2 | 1905 | $7.04 | Apr 2016, $48M |
| 51 West 142nd Street | 115K SF | 3 | 1921 | $6.54 | n/a |
| 12 West 142nd Street | 94K SF | 3 | 1923 | $6.32 | Mar 2023, $22.9M (3 lots) |
| 122 West 146th Street | 114K SF | 4 | 2015 | Exempt | n/a |
| 119 West 145th Street | 99K SF | 6 | 2020 | $7.48 | 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 addresses
- 38-42 Convent Avenue; 435-485 West 129th Street; 474 West 130th Street
- ZIP code
- 10027
- Building type
- Self-storage building (city class E7)
- Total floor area
- 83,619 SF
- Commercial floor area
- 83,619 SF
- Industrial and storage
- 83,619 SF
- Height
- 2 floors
- Year built
- 1905
- Last major alteration
- 1988
- Lot area
- 21,814 SF
- Zoning district
- R7A
- Built FAR
- 3.83
- Tax lot (BBL)
- 1019690012
Nearest subway
- 125 St
- 125 St
- 135 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 NYC SELF STORAGE CONVENT, LLC as the owner of record. For tax year 2026/27 the city values 38 Convent Avenue at $16.4 million and assesses it at $7.36 million. After phase-ins and exemptions its taxable value is $5.42 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 $588,409 a year before abatements, roughly $7.04 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
- NYC SELF STORAGE CONVENT, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $16,350,000
- Land market value
- $861,000
- Assessed value
- $7,357,500
- Taxable value (phased in)
- $5,424,120
- Estimated yearly tax
- About $588,409
- Tax per SF of floor area
- About $7.04
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 2026-10-02; 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
38 Convent Avenue last sold in April 2016 for $48 million, according to the deed recorded with the city. 40 CONVENT HOLDINGS, LLC sold it to NYC SELF STORAGE CONVENT, LLC. That comes to about $574 per square foot of floor area.
- Last sale (deed date)
- April 8, 2016
- Price
- $48,000,000
- Price per SF of floor area
- About $574
- Seller
- 40 CONVENT HOLDINGS, LLC
- Buyer
- NYC SELF STORAGE CONVENT, LLC
- Deed recorded
- April 21, 2016
- ACRIS document
- 2016041200415001
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; 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 use and emissions
38 Convent 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 11 kBtu per square foot, 48% below the national median of 21 for a similar property. Its greenhouse gas emissions were about 88.9 metric tons of CO2e (1.06 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Site energy use intensity
- 11 kBtu/SF
- National median for the type
- 21 kBtu/SF
- Greenhouse gas emissions
- 88.9 t CO2e
- Emissions per SF
- 1.06 kg CO2e
- Floor area in the filing
- 83,619 SF
Energy sources in 2024
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 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 38 Convent Avenue
How big is 38 Convent Avenue?
38 Convent Avenue has about 84,000 square feet of floor area in total, including 84,000 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 38 Convent Avenue built?
City records list 1905 as the year built, with a major alteration recorded in 1988. The building is 2 floors tall.
What other addresses does 38 Convent Avenue have?
City records list 38-42 Convent Avenue, 435-485 West 129th Street and 474 West 130th Street on the same tax lot (BBL 1019690012) as 38 Convent Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 38 Convent Avenue?
38 Convent Avenue is in ZIP code 10027, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 38 Convent Avenue, New York, NY 10027, in Harlem.
What is the zoning at 38 Convent Avenue?
The lot is in the R7A zoning district. PLUTO lists a built floor area ratio (FAR) of 3.83 for this lot.
What subway station is closest to 38 Convent Avenue?
The closest subway station to 38 Convent Avenue is 125 St (the 1 train), about 0.3 miles away in a straight line, roughly 5 minutes on foot. Also nearby: 125 St (the A, B, C and D trains), 5 min walk; 135 St (the B and C trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 38 Convent Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists NYC SELF STORAGE CONVENT, LLC as the owner of record of 38 Convent Avenue (BBL 1019690012). 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 38 Convent Avenue last sold?
38 Convent Avenue last sold in April 2016 for $48 million, according to the deed recorded with the city. 40 CONVENT HOLDINGS, LLC sold it to NYC SELF STORAGE CONVENT, LLC. That comes to about $574 per square foot of floor area. The deed is ACRIS document 2016041200415001 (BBL 1019690012) 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.
Does 38 Convent Avenue have an energy grade?
38 Convent 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 11 kBtu per square foot, 48% below the national median of 21 for a similar property. Its greenhouse gas emissions were about 88.9 metric tons of CO2e (1.06 kg per square foot).
What are the property taxes at 38 Convent Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.42 million for 38 Convent Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $588,409 a year, roughly $7.04 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1019690012 show the actual bill.
What is the assessed value of 38 Convent Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 38 Convent Avenue at $16.4 million ($861,000 of it land) and its assessed value at $7.36 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 58% from 2022/23 ($10.3 million) to 2026/27.
Is there industrial and storage space for lease at 38 Convent Avenue?
No space at 38 Convent 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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Transit hubs in Harlem
- 2 3 at 125 St
- A B C D at 125 St
- Metro-North at Harlem-125 St