Factory and industrial building · South Bronx, Bronx
850 East 138th Street
Bronx, NY 10454
850 East 138th Street is a 2-floor factory and industrial building in the South Bronx, Bronx, built in 1988, with about 74,000 square feet of industrial and storage space according to city records.
Also at 231 Walnut Avenue.
- Industrial and storage space
- 74K SF
- Floors
- 2
- Year built
- 1988
- Zoning
- M3-1
The 24th 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 850 East 138th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 850 East 138th Street ranks 3rd of 7 by industrial and storage floor area. Built in 1988, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 850 East 138th Street | 74K SF | 2 | 1988 | Exempt | Jul 2015, $10.2M |
| 845 East 136th Street | 85K SF | 2 | 1929 | $4.33 | Dec 2025, $21.7M |
| 865 East 138th Street | 60K SF | 1 | 1949 | $3.70 | n/a |
| 885 East 138th Street | 79K SF | 1 | 1931 | $5.07 | n/a |
| 875 East 136th Street | 55K SF | 3 | 1931 | $4.83 | n/a |
| 900 East 136th Street | 35K SF | 1 | 1930 | $4.94 | n/a |
| 815 East 135th Street | 37K SF | 2 | 1950 | $5.11 | May 2022, $5.5M |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other address
- 231 Walnut Avenue
- ZIP code
- 10454
- Building type
- Factory and industrial building (city class F9)
- Total floor area
- 74,080 SF
- Commercial floor area
- 74,080 SF
- Industrial and storage
- 74,080 SF
- Height
- 2 floors
- Year built
- 1988
- Lot area
- 57,785 SF
- Zoning district
- M3-1
- Built FAR
- 1.28
- Max commercial FAR
- 2
- Tax lot (BBL)
- 2025890031
Nearest subway
- Cypress Av
- E 143 St-St Mary's St
- Brook Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists NYC PARKS DEPT as the owner of record. For tax year 2026/27 the city values 850 East 138th Street at $5.11 million and assesses it at $2.3 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- NYC PARKS DEPT
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $5,105,000
- Land market value
- $1,160,000
- Assessed value
- $2,297,250
- Exemptions
- $2,297,250
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
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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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC property records (ACRIS)
Sales history
850 East 138th Street last sold in July 2015 for $10.2 million, according to the deed recorded with the city. ARAMARK FSM, LLC sold it to THE CITY OF NEW YORK. That comes to about $138 per square foot of floor area.
- Last sale (deed date)
- July 30, 2015
- Price
- $10,200,000
- Price per SF of floor area
- About $138
- Seller
- ARAMARK FSM, LLC
- Buyer
- THE CITY OF NEW YORK
- Deed recorded
- August 19, 2015
- ACRIS document
- 2015080600957001
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 energy benchmarking (Local Law 84)
Energy use and emissions
850 East 138th Street'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 134.4 kBtu per square foot, 2.3 times the national median of 58.6 for a similar property. Its greenhouse gas emissions were about 431 metric tons of CO2e (10.01 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Vehicle Repair Services
- Site energy use intensity
- 134.4 kBtu/SF
- National median for the type
- 58.6 kBtu/SF
- Greenhouse gas emissions
- 431 t CO2e
- Emissions per SF
- 10.01 kg CO2e
- Floor area in the filing
- 42,940 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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
No industrial and storage space listed in the South Bronx yet
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Before you sign
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Questions about 850 East 138th Street
How big is 850 East 138th Street?
850 East 138th Street has about 74,000 square feet of floor area in total, including 74,000 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 850 East 138th Street built?
City records list 1988 as the year built. The building is 2 floors tall.
What other addresses does 850 East 138th Street have?
City records list 231 Walnut Avenue on the same tax lot (BBL 2025890031) as 850 East 138th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 850 East 138th Street?
850 East 138th Street 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 850 East 138th Street, Bronx, NY 10454, in the South Bronx.
What is the zoning at 850 East 138th Street?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.28 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 850 East 138th Street?
The closest subway station to 850 East 138th Street is Cypress Av (the 6 train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: E 143 St-St Mary's St (the 6 train), 8 min walk; Brook Av (the 6 train), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 850 East 138th Street?
The NYC Department of Finance's 2026/27 assessment roll lists NYC PARKS DEPT as the owner of record of 850 East 138th Street (BBL 2025890031). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 850 East 138th Street last sold?
850 East 138th Street last sold in July 2015 for $10.2 million, according to the deed recorded with the city. ARAMARK FSM, LLC sold it to THE CITY OF NEW YORK. That comes to about $138 per square foot of floor area. The deed is ACRIS document 2015080600957001 (BBL 2025890031) 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 850 East 138th Street have an energy grade?
850 East 138th Street'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 134.4 kBtu per square foot, 2.3 times the national median of 58.6 for a similar property. Its greenhouse gas emissions were about 431 metric tons of CO2e (10.01 kg per square foot).
What are the property taxes at 850 East 138th Street?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 850 East 138th Street, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 2025890031 show what is actually billed.
What is the assessed value of 850 East 138th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 850 East 138th Street at $5.11 million ($1.16 million of it land) and its assessed value at $2.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 24% from 2022/23 ($4.12 million) to 2026/27.
Is there industrial and storage space for lease at 850 East 138th Street?
No space at 850 East 138th Street 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
Transit hubs in the South Bronx
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