Bronx

Commercial space in the South Bronx

The South Bronx, including Port Morris and Mott Haven, is a key last-mile industrial market thanks to highway access to the Bruckner and Major Deegan. Warehouse and distribution space is in high demand.

Commercial properties
1,054
Industrial stock
6.7M SF
Median year built
1931
Known for
Industrial, Retail

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

On Leasemark No spaces or requirements posted in the South Bronx yet. List a space and it is matched to every new requirement, or post what you need and get matched as spaces arrive.

Nothing listed in the South Bronx yet

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NYC tax lot records

The building stock in the South Bronx

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
1,054
Office space
5.2M SF
Retail space
2.3M SF
Built before 1940
72%

Largest industrial and storage buildings

  1. 2 floors · built 2017
  2. 4 floors · built 1999
  3. 8 floors · built 1929
  4. 4 floors · built 2000
  5. 1 floor · built 1956
All 64 large commercial buildings in the South Bronx

Age, height and zoning

  • Median year built: 1931.
  • Median height: 3 floors.
  • Most common zoning districts: R6 (405), C4-4 (141), M1-2 (133). 39% of these lots are zoned for manufacturing.
  • Historic districts: Mott Haven Historic District (10 lots), Mott Haven East Historic District (1 lot).
  • 11 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.7 mi of the South Bronx'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.

MTA station data

Subway stations in the South Bronx

Every station within about 0.7 mi of the South Bronx's commercial core, closest first. Stations joined by a free transfer count once.

Stations
6
Subway lines
4
Fully accessible
1 of 6
Closest
Brook Av, 2 min walk

The 6 stations

  • Brook Av2 min walk · Not accessible
  • Cypress Av6 min walk · Not accessible
  • 3 Av-138 St7 min walk · Not accessible
  • E 143 St-St Mary's St9 min walk · Not accessible
  • 3 Av-149 St10 min walk · Accessible station
  • 138 St-Grand Concourse13 min walk · Not accessible

Lines

The 2, 4, 5 and 6 trains stop within about 0.7 mi of the South Bronx's core.

Step-free access

  • 3 Av-149 St (2 5) is fully accessible.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of the South Bronx's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.

NYC property records (ACRIS)

Recent building sales in the South Bronx

20 sales of the large commercial buildings Leasemark tracks in the South Bronx have been recorded since 2016, $349.9 million in all. The newest 6 are below.

Newest sales

  1. February 2026 · $252 a SF · to TERRENO CANAL STREET LLC
  2. December 2025 · $247 a SF · to 845 E 136TH ST, LLC
  3. February 2024 · $116 a SF · to MERCURY STORAGE 1-C, LLC
  4. October 2023 · $225 a SF · to K&H ASSOCIATION LLC
  5. October 2023 · $156 a SF
  6. April 2023 · $229 a SF · to ZIKR REALTY LLC

Since 2016

  • Largest: 2417 3rd Avenue, $64.7 million for 2 tax lots in December 2019.
  • Median price: about $212 a square foot of floor area, across 16 one-building sales.
  • Newest deed on record: February 2026. The city's open data runs about a month behind.
All 20 building sales in the South Bronx

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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 the South Bronx

Of the 64 large commercial buildings Leasemark tracks in the South Bronx, 59 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $5.07 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. $12.22 a SF · market value $118.4 million
  2. $6.45 a SF · market value $38.7 million
  3. $7.03 a SF · market value $40.1 million
  4. $6.74 a SF · market value $36.9 million
  5. 2850 3rd Avenue$1.26 million
    $7.11 a SF · market value $27.2 million
  6. 2417 3rd Avenue$1.23 million
    $7.98 a SF · market value $30.9 million

Across 59 taxed buildings

  • The middle half pay between $3.62 and $6.69 a square foot of floor area a year.
  • Bronx median: $5.85 a square foot, across 163 large buildings Leasemark tracks.
  • Median market value on the roll: about $128 a square foot. That is the city's valuation for tax, not a sale price.
  • 5 buildings are fully exempt, including 2 St. Ann's Avenue and 863 East 141st Street. Exemptions like these are common for government, nonprofit and PILOT properties.

Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. 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 (35,000 SF and up in Bronx).

NYC Department of Buildings permits

Interior build-outs in the South Bronx

In the 12 months to October 2026, the Department of Buildings issued first permits for 16 interior build-outs in 8 of the 64 large commercial buildings Leasemark tracks in the South Bronx, with work permitted on 17 floors in all. Their filed cost estimates add up to about $3.3 million.

Most build-outs, last 12 months

  1. 5 floors with work
  2. 3 floors with work
  3. 6 floors with work
  4. 1 floor with work
  5. 1 floor with work
  6. 1 floor with work
  • 13% of the buildings tracked here had a build-out, against 21% across the Bronx.

Build-outs by quarter

  • Q1 20254
  • Q2 20254
  • Q3 20254
  • Q4 20253
  • Q1 20268
  • Q2 20263
  • Q3 20263
  • Q4 2026 to Oct 221

Newest

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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 (35,000 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.

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Questions about the South Bronx

How much commercial space is there in the South Bronx?

New York City's PLUTO tax lot data (26v2) records about 19.4 million square feet of commercial floor area across 1,054 properties in the part of the South Bronx Leasemark covers, including about 5.2 million square feet of office and about 2.3 million square feet of retail. The largest industrial and storage building by that measure is 2 St. Ann's Avenue, at about 566,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve the South Bronx?

Six subway stations sit within about 0.7 mi of the South Bronx's commercial core, served by the 2, 4, 5 and 6 trains. The closest is Brook Av (6), roughly 2 minutes on foot; then Cypress Av (6), 3 Av-138 St (6), E 143 St-St Mary's St (6), 3 Av-149 St (2 5) and 138 St-Grand Concourse (4 5). Walking times are straight-line estimates from MTA station data.

Which subway stations in the South Bronx are accessible?

One of the six stations within about 0.7 mi of the South Bronx's commercial core is fully accessible, per the MTA: 3 Av-149 St (2 5).

When did a large commercial building in the South Bronx last sell?

The newest sale on record is 175 Canal Street West, which sold in February 2026 for $9.75 million to TERRENO CANAL STREET LLC, per the deed recorded with the city. 20 sales, $349.9 million in all, have been recorded of the large commercial buildings Leasemark tracks in the South Bronx since 2016.

See every building sale in the South Bronx

How much are commercial property taxes in the South Bronx?

On the Department of Finance's 2026/27 assessment roll, the 59 large commercial buildings Leasemark tracks in the South Bronx that pay property tax come to a median of about $5.07 per square foot of floor area a year, with the middle half between $3.62 and $6.69. 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 900 East 132nd Street, about $5.46 million a year. 5 more buildings are fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.

How taxes show up in gross and net leases

How much build-out work is happening in the South Bronx?

In the 12 months to October 2026, the Department of Buildings issued first permits for 16 interior build-outs in 8 of the 64 large commercial buildings Leasemark tracks in the South Bronx, with work permitted on 17 floors in all. Their filed cost estimates add up to about $3.3 million. The most were at 2850 3rd Avenue (8 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.

Build-outs in every NYC neighborhood

Do tenants in the South Bronx 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 the South Bronx does not pay it at any rent.

See where the Commercial Rent Tax applies

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.