Office building · Tremont, Bronx

555 East Tremont Avenue

Bronx, NY 10457

555 East Tremont Avenue is a 6-floor office building in Tremont, Bronx, built in 1917, with about 110,000 square feet of office space according to city records.

Also at 551-555 East Tremont Avenue and 1900-1920 Monterey Avenue.

Office space
110K SF
Floors
6
Year built
1917
Zoning
C4-5X

Office space next to its nearest neighbors

  1. 1932 Arthur Avenue3 min walk124K SF
  2. 555 East Tremont AvenueThis building110K SF
  3. 1628 Bathgate Avenue10 min walk55K SF

The 3rd largest of the 4 office buildings we track in Tremont. Compare it with 6 neighbors

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Compared with its neighbors

How 555 East Tremont Avenue compares

Next to the 6 nearest large office buildings, all within a 20 minute walk, 555 East Tremont Avenue ranks 5th of 7 by office floor area. It went up in 1917; the median neighbor dates from 1920. Its estimated property tax, about $8.72 a square foot of floor area before abatements, is above the neighbors' median of $6.33.

555 East Tremont Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
555 East Tremont AvenueThis building110K SF61917$8.72
1932 Arthur Avenue3 min walk124K SF71912Exempt
1628 Bathgate Avenue10 min walk55K SF11986Exempt
1780 Grand Concourse15 min walk212K SF81917$5.85
440 East Fordham Road19 min walk327K SF121986$7.57
2432 Grand Concourse19 min walk58K SF51917$6.81
400 East Fordham Road20 min walk129K SF141924$4.00
The 3rd largest of the 4 office buildings we track in Tremont: 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). 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
551-555 East Tremont Avenue; 1900-1920 Monterey Avenue
ZIP code
10457
Building type
Office building (city class O2)
Total floor area
110,000 SF
Commercial floor area
110,000 SF
Office
110,000 SF
Height
6 floors
Average floor
About 18,300 SF (floor area divided by floors)
Year built
1917
Last major alteration
2017
Lot area
18,215 SF
Zoning district
C4-5X
Built FAR
6.04
Max commercial FAR
4
Tax lot (BBL)
2030600032

Nearest subway

  • Tremont Av12 min walk · Accessible station
  • 182-183 Sts14 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 421 TREMONT LLC as the owner of record. For tax year 2026/27 the city values 555 East Tremont Avenue at $21.6 million and assesses it at $9.72 million. After phase-ins and exemptions its taxable value is $8.84 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 $959,498 a year before abatements, roughly $8.72 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
421 TREMONT LLC
Tax class
Class 4 (commercial and industrial)
City market value
$21,600,000
Land market value
$638,000
Assessed value
$9,720,000
Taxable value (phased in)
$8,844,930
Estimated yearly tax
About $959,498
Tax per SF of floor area
About $8.72

City market value by tax year

  • 2022/23$11.9 million
  • 2023/24$21.5 million
  • 2024/25$21.6 million
  • 2025/26$21.7 million
  • 2026/27$21.6 million

Market value rose 81% from 2022/23 ($11.9 million) to 2026/27.

Commercial 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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

555 East Tremont Avenue reported an ENERGY STAR score of 75 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 66.1 kBtu per square foot, 31% below the national median of 96 for a similar property. Its greenhouse gas emissions were about 703 metric tons of CO2e (6.68 kg per square foot).

ENERGY STAR score (2024)
75 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
66.1 kBtu/SF
National median for the type
96 kBtu/SF
Greenhouse gas emissions
703 t CO2e
Emissions per SF
6.68 kg CO2e
Floor area in the filing
105,217 SF

ENERGY STAR score by year

  • 202271 (B)
  • 202369 (C)
  • 202475 (B)

Energy sources in 2024

  • Electricity66%
  • Fuel oil34%

Share of the energy used on site, as filed.

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 2026-10-03; 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 1 job at 555 East Tremont Avenue. A sidewalk shed permit here is active until November 17, 2026.

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
August 2026
Interior build-outs, last 24 months
0
Facade and sidewalk jobs, last 24 months
1
Sidewalk shed permit
Active until Nov 17, 2026

New jobs by year

  • 20211
  • 20220
  • 20230
  • 20240
  • 20250
  • 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.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

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Questions about 555 East Tremont Avenue

How big is 555 East Tremont Avenue?

555 East Tremont Avenue has about 110,000 square feet of floor area in total, including 110,000 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 555 East Tremont Avenue built?

City records list 1917 as the year built, with a major alteration recorded in 2017. The building is 6 floors tall.

What other addresses does 555 East Tremont Avenue have?

City records list 551-555 East Tremont Avenue and 1900-1920 Monterey Avenue on the same tax lot (BBL 2030600032) as 555 East Tremont Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 555 East Tremont Avenue?

555 East Tremont Avenue is in ZIP code 10457, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 555 East Tremont Avenue, Bronx, NY 10457, in Tremont.

What is the zoning at 555 East Tremont Avenue?

The lot is in the C4-5X zoning district. PLUTO lists a built floor area ratio (FAR) of 6.04 and a maximum commercial FAR of 4 for this lot.

What subway station is closest to 555 East Tremont Avenue?

The closest subway station to 555 East Tremont Avenue is Tremont Av (the B and D trains), about 0.6 miles away in a straight line, roughly 12 minutes on foot. The MTA lists it as an accessible station. Also nearby: 182-183 Sts (the B and D trains), 14 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 555 East Tremont Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 421 TREMONT LLC as the owner of record of 555 East Tremont Avenue (BBL 2030600032). 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.

What is the energy grade of 555 East Tremont Avenue?

555 East Tremont Avenue reported an ENERGY STAR score of 75 for calendar year 2024 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 75 earns a B. 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 66.1 kBtu per square foot, 31% below the national median of 96 for a similar property. Its greenhouse gas emissions were about 703 metric tons of CO2e (6.68 kg per square foot).

Is there construction at 555 East Tremont Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 555 East Tremont Avenue. A sidewalk shed permit here is active until November 17, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 2030600032. 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 555 East Tremont Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.84 million for 555 East Tremont Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $959,498 a year, roughly $8.72 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2030600032 show the actual bill.

What is the assessed value of 555 East Tremont Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 555 East Tremont Avenue at $21.6 million ($638,000 of it land) and its assessed value at $9.72 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 81% from 2022/23 ($11.9 million) to 2026/27.

Is there office space for lease at 555 East Tremont Avenue?

No space at 555 East Tremont 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.

1,935 buildings from city records

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