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
Factory and industrial building · South Bronx, Bronx
Bronx, NY 10454
855 East 140th Street is a 2-floor factory and industrial building in the South Bronx, Bronx, built in 1948, with about 50,000 square feet of industrial and storage space according to city records.
Also at 845 East 140th Street.
The 31st 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
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 855 East 140th Street is the smallest by industrial and storage floor area. It went up in 1948; the median neighbor dates from 1939. Its estimated property tax, about $3.51 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 | Last sale |
|---|---|---|---|---|---|
| 855 East 140th Street | 50K SF | 2 | 1948 | $3.51 | Apr 2012, $5M |
| 863 East 141st Street | 144K SF | 6 | 1919 | Exempt | n/a |
| 327 Walnut Avenue | 53K SF | 4 | 2016 | $6.03 | n/a |
| 865 East 138th Street | 60K SF | 1 | 1949 | $3.70 | n/a |
| 805 East 139th Street | 54K SF | 3 | 1948 | $3.64 | Dec 2019, $6.6M |
| 340 Bruckner Boulevard | 223K SF | 8 | 1929 | $7.03 | n/a |
| 885 East 138th Street | 79K SF | 1 | 1931 | $5.07 | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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
The Department of Finance lists LEGEIS REALTY LLC as the owner of record. For tax year 2026/27 the city values 855 East 140th Street at $3.72 million and assesses it at $1.67 million. After phase-ins and exemptions its taxable value is $1.6 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 $173,902 a year before abatements, roughly $3.51 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.
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 2026-10-09; 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.
Own or manage 855 East 140th Street? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
855 East 140th Street last sold in April 2012 for $5 million, according to the deed recorded with the city. WALNUT AVENUE REALTY CORPORATION sold it to LEGEIS REALTY LLC. That comes to about $101 per square foot of floor area.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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)
855 East 140th Street reported an ENERGY STAR score of 21 out of 100 for 2023 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 47.7 kBtu per square foot, 66% above the national median of 28.8 for a similar property. Its greenhouse gas emissions were about 159 metric tons of CO2e (3.2 kg per square foot).
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 (2023 filing), pulled 2026-10-09; 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.
Local Law 97 of 2019, estimated
At its 2023 energy use, 855 East 140th Street comes to about 143 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 287 tons for 2024 to 2029 (50% of the limit), so it would owe no penalty. From 2030 the limit drops to 50 tons and the same energy use counts as about 121 tons, about 71 tons over, or an estimated $19,000 a year unless the building cuts its emissions.
Estimated from the owner's 2023 Local Law 84 filing, which reports energy by source and floor area by use: Distribution Center 50,000 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
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Posted by the tenant · Logistics
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855 East 140th Street has about 50,000 square feet of floor area in total, including 50,000 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.
City records list 1948 as the year built. The building is 2 floors tall.
City records list 845 East 140th Street on the same tax lot (BBL 2025920035) as 855 East 140th Street. A space listed on Leasemark at any of these addresses shows up on this page.
855 East 140th 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 855 East 140th Street, Bronx, NY 10454, in the South Bronx.
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.99 and a maximum commercial FAR of 2 for this lot.
The closest subway station to 855 East 140th Street 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), 7 min walk; E 149 St (the 6 train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists LEGEIS REALTY LLC as the owner of record of 855 East 140th Street (BBL 2025920035). 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.
855 East 140th Street last sold in April 2012 for $5 million, according to the deed recorded with the city. WALNUT AVENUE REALTY CORPORATION sold it to LEGEIS REALTY LLC. That comes to about $101 per square foot of floor area. The deed is ACRIS document 2012041101098001 (BBL 2025920035) 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.
855 East 140th Street reported an ENERGY STAR score of 21 for calendar year 2023 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 21 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 47.7 kBtu per square foot, 66% above the national median of 28.8 for a similar property. Its greenhouse gas emissions were about 159 metric tons of CO2e (3.2 kg per square foot).
At its 2023 energy use, 855 East 140th Street comes to about 143 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 287 tons for 2024 to 2029 (50% of the limit), so it would owe no penalty. From 2030 the limit drops to 50 tons and the same energy use counts as about 121 tons, about 71 tons over, or an estimated $19,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2023 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.6 million for 855 East 140th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $173,902 a year, roughly $3.51 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2025920035 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 855 East 140th Street at $3.72 million ($650,000 of it land) and its assessed value at $1.67 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 16% from 2022/23 ($3.21 million) to 2026/27.
No space at 855 East 140th 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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