Bronx
Commercial space in Co-op City
Co-op City in the northeast Bronx is one of the largest housing cooperatives in the world, and its western edge holds one of the borough's biggest retail clusters: the Mall at Bay Plaza and the Bay Plaza Shopping Center on Baychester Avenue, where the New England Thruway meets the Hutchinson River Parkway. The nearest subway is the 5 train at Baychester Avenue, about a mile west, so most shoppers arrive by car or bus.
- Commercial properties
- 96
- Retail stock
- 2.4M SF
- Median year built
- 1974
- Known for
- Retail, Restaurant
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in Co-op City
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 96
- Office space
- 2.0M SF
- Retail space
- 2.4M SF
- Built before 1940
- 9%
Largest retail buildings
All 13 large commercial buildings in Co-op CityAge, height and zoning
- Median year built: 1974.
- Median height: 2 floors.
- Most common zoning districts: C4-3 (25), R4 (14), R6 (12).
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03. Counts cover tax lots with commercial floor area within about 0.7 mi of Co-op City's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
NYC property records (ACRIS)
Recent building sales in Co-op City
One sale of the large commercial buildings Leasemark tracks in Co-op City has been recorded since 2016, $33.2 million in all.
Newest sales
Since 2016
- Largest: 1806 East Gun Hill Road, $33.2 million in January 2019.
- Newest deed on record: January 2019. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
NYC Department of Finance
Commercial property taxes in Co-op City
Of the 13 large commercial buildings Leasemark tracks in Co-op City, 10 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $10.39 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 10 taxed buildings
- The middle half pay between $7.18 and $12.03 a square foot of floor area a year.
- Bronx median: $6.10 a square foot, across 94 large buildings Leasemark tracks.
- Median market value on the roll: about $252 a square foot. That is the city's valuation for tax, not a sale price.
- 3 buildings are fully exempt, including 2051 Bartow Avenue and 99 Dreiser Loop. Exemptions like these are common for government, nonprofit and PILOT properties.
20th highest of 48 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-03. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (50,000 SF and up in Bronx).
NYC Department of Buildings permits
Interior build-outs in Co-op City
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 interior build-outs in 5 of the 13 large commercial buildings Leasemark tracks in Co-op City, with work permitted on 7 floors in all. Their filed cost estimates add up to about $14 million.
Most build-outs, last 12 months
- 38% of the buildings tracked here had a build-out, against 30% across the Bronx.
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (50,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.
Before you sign
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Questions about Co-op City
How much commercial space is there in Co-op City?
New York City's PLUTO tax lot data (26v2) records about 9.2 million square feet of commercial floor area across 96 properties in the part of Co-op City Leasemark covers, including about 2 million square feet of office and about 2.4 million square feet of retail. The largest retail building by that measure is 200 Baychester Avenue, at about 542,000 square feet. That is the existing building stock, not space currently available.
When did a large commercial building in Co-op City last sell?
The newest sale on record is 1806 East Gun Hill Road, which sold in January 2019 for $33.2 million to HOME DEPOT U.S.A., INC., per the deed recorded with the city. It is the only sale of the large commercial buildings Leasemark tracks in Co-op City since 2016.
How much are commercial property taxes in Co-op City?
On the Department of Finance's 2026/27 assessment roll, the 10 large commercial buildings Leasemark tracks in Co-op City that pay property tax come to a median of about $10.39 per square foot of floor area a year, with the middle half between $7.18 and $12.03. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 200 Baychester Avenue, about $8.32 million a year. 3 more buildings are fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.
How much build-out work is happening in Co-op City?
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 interior build-outs in 5 of the 13 large commercial buildings Leasemark tracks in Co-op City, with work permitted on 7 floors in all. Their filed cost estimates add up to about $14 million. The most were at 200 Baychester Avenue (7 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.
Do tenants in Co-op City pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Bronx, so a commercial lease in Co-op City does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- 5 at Baychester Av
- New England Thruway (I-95) and Hutchinson River Parkway