Want · Industrial
3PL operator needs last-mile warehouse
Posted by the tenant · Logistics
- Where
- South Bronx, Long Island City +1
- Size
- 15,000 to 30,000 SF
- Budget
- to $45/SF
- Move in
- Jan 2027
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Warehouse · South Bronx, Bronx
400 Walnut Avenue
Bronx, NY 10454
400 Walnut Avenue is a 1-floor warehouse in the South Bronx, Bronx, built in 1956, with about 212,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 212K SF
- Floors
- 1
- Year built
- 1956
- Zoning
- M3-1
The 5th largest of the 30 industrial and storage buildings we track in the South Bronx. Compare it with 6 neighbors
No space at 400 Walnut 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. Nothing free right now? Get tenant alerts for the South Bronx and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 400 Walnut Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 400 Walnut Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1956; the median neighbor dates from 1940. Its estimated property tax, about $2.31 a square foot of floor area before abatements, is below the neighbors' median of $5.07.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 400 Walnut Avenue | 212K SF | 1 | 1956 | $2.31 |
| 327 Walnut Avenue | 53K SF | 4 | 2016 | $6.03 |
| 863 East 141st Street | 144K SF | 6 | 1919 | Exempt |
| 340 Bruckner Boulevard | 223K SF | 8 | 1929 | $7.03 |
| 977 East 149th Street | 214K SF | 2 | 1971 | $4.56 |
| 885 East 138th Street | 79K SF | 1 | 1931 | $5.07 |
| 865 East 138th Street | 60K SF | 1 | 1949 | $3.70 |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- ZIP code
- 10454
- Building type
- Warehouse (city class E1)
- Total floor area
- 237,000 SF
- Commercial floor area
- 237,000 SF
- Office
- 25,000 SF
- Industrial and storage
- 212,000 SF
- Height
- 1 floor
- Year built
- 1956
- Last major alteration
- 2014
- Lot area
- 482,323 SF
- Zoning district
- M3-1
- Built FAR
- 0.49
- Max commercial FAR
- 2
- Tax lot (BBL)
- 2025990089
Nearest subway
- E 143 St-St Mary's St
- Cypress Av
- E 149 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 400 Walnut Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across the South Bronx
- 11.3%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in the South Bronx? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. 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 2024 filing was due June 3, 2025, 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 400 WALNUT AVENUE LL as the owner of record. For tax year 2026/27 the city values 400 Walnut Avenue at $13.7 million and assesses it at $6.15 million. After phase-ins and exemptions its taxable value is $5.04 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 $547,071 a year before abatements, roughly $2.31 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
- 400 WALNUT AVENUE LL
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $13,672,000
- Land market value
- $7,093,000
- Assessed value
- $6,152,400
- Taxable value (phased in)
- $5,043,060
- Estimated yearly tax
- About $547,071
- Tax per SF of floor area
- About $2.31
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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
400 Walnut Avenue reported an ENERGY STAR score of 1 out of 100 for 2022 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 149.7 kBtu per square foot, 4.8 times the national median of 31 for a similar property. Its greenhouse gas emissions were about 2,356 metric tons of CO2e (9.9 kg per square foot).
- ENERGY STAR score (2022)
- 1 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 149.7 kBtu/SF
- National median for the type
- 31 kBtu/SF
- Greenhouse gas emissions
- 2,356 t CO2e
- Emissions per SF
- 9.9 kg CO2e
- Floor area in the filing
- 237,000 SF
Energy sources in 2022
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 (2022 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 2 jobs at 400 Walnut Avenue.
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 2
- Newest job first permitted
- April 2026
- 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 2026-10-03 (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.
Industrial and storage space nearby in the South Bronx
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for industrial and storage space in the South Bronx yet. These labeled examples show what tenants post. List a space in 400 Walnut Avenue and we match it against every new one automatically.
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 400 Walnut Avenue
How big is 400 Walnut Avenue?
400 Walnut Avenue has about 237,000 square feet of floor area in total, including 25,000 square feet of office and 212,000 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 400 Walnut Avenue built?
City records list 1956 as the year built, with a major alteration recorded in 2014. The building is 1 floor tall.
What is the ZIP code of 400 Walnut Avenue?
400 Walnut 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 400 Walnut Avenue, Bronx, NY 10454, in the South Bronx.
What is the zoning at 400 Walnut Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.49 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 400 Walnut Avenue?
The closest subway station to 400 Walnut Avenue is E 143 St-St Mary's St (the 6 train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Cypress Av (the 6 train), 10 min walk; E 149 St (the 6 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 400 Walnut Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 400 WALNUT AVENUE LL as the owner of record of 400 Walnut Avenue (BBL 2025990089). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 400 Walnut Avenue?
400 Walnut Avenue reported an ENERGY STAR score of 1 for calendar year 2022 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 1 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 149.7 kBtu per square foot, 4.8 times the national median of 31 for a similar property. Its greenhouse gas emissions were about 2,356 metric tons of CO2e (9.9 kg per square foot).
Is there construction at 400 Walnut Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 400 Walnut Avenue. These are the Department of Buildings' DOB NOW work permits for tax lot 2025990089. 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 400 Walnut Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.04 million for 400 Walnut Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $547,071 a year, roughly $2.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2025990089 show the actual bill.
What is the assessed value of 400 Walnut Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 400 Walnut Avenue at $13.7 million ($7.09 million of it land) and its assessed value at $6.15 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 43% from 2022/23 ($9.58 million) to 2026/27.
Are there vacant storefronts at 400 Walnut Avenue?
Owners registered one storefront at 400 Walnut Avenue for December 31, 2024, 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 400 Walnut Avenue?
No space at 400 Walnut 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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