Bronx

Commercial space in West Farms

West Farms sits where Boston Road and East Tremont Avenue meet beside the Bronx River, around West Farms Square and the elevated 2 and 5 trains. Most of its commercial space is warehouses, factories and self-storage buildings on Boston Road, Southern Boulevard, West Farms Road and Devoe Avenue, many of them south of the square in the area the city maps as Crotona Park East, with a shopping center on Vyse Avenue near the 174th Street station. The Bronx Zoo is just to the north.

Commercial properties
218
Industrial stock
772K 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.

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NYC tax lot records

The building stock in West Farms

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

Commercial properties
218
Office space
729K SF
Retail space
769K SF
Built before 1940
60%

Largest industrial and storage buildings

  1. 3 floors · built 2004
  2. 3 floors · built 1900
  3. 2 floors · built 1963
  4. 2 floors · built 2014
  5. 2 floors · built 1931
All 10 large commercial buildings in West Farms

Age, height and zoning

  • Median year built: 1931.
  • Median height: 2 floors.
  • Most common zoning districts: R7-1 (100), M1-1 (40), R7X (21). 18% of these lots are zoned for manufacturing.
  • 1 lot is 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 0.4 mi of West Farms' 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 West Farms

Every station within about 0.5 mi of West Farms' commercial core, closest first. Stations joined by a free transfer count once.

Stations
3
Subway lines
2
Fully accessible
0 of 3
Closest
174 St, 2 min walk

The 3 stations

  • 174 St2 min walk · Not accessible
  • West Farms Sq-E Tremont Av3 min walk · Not accessible
  • Freeman St9 min walk · Not accessible

Lines

The 2 and 5 trains stop within about 0.5 mi of West Farms' core.

Step-free access

  • None of these stations is fully accessible. The closest accessible station is E 180 St (2 5), about 0.5 miles from the core.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of West Farms' 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 West Farms

3 sales of the large commercial buildings Leasemark tracks in West Farms have been recorded since 2016, $32.8 million in all.

Newest sales

  1. 425 Devoe Avenue$10.8 million
    July 2026 · $120 a SF · to DEVOE RP LLC
  2. 1788 Hoe Avenue$10.6 million
    March 2025 · $180 a SF · to ASTWOOD REALTY, LLC
  3. 425 Devoe Avenue$11.5 million
    January 2018

Since 2016

  • Largest: 425 Devoe Avenue, $11.5 million in January 2018.
  • Newest deed on record: July 2026. The city's open data runs about a month behind.
All 3 building sales in West Farms

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 West Farms

Of the 10 large commercial buildings Leasemark tracks in West Farms, 9 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $4.99 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. 1764 Vyse Avenue$1.09 million
    $8.10 a SF · market value $28.8 million
  2. $5.19 a SF · market value $16.7 million
  3. $7.59 a SF · market value $11.9 million
  4. $3.98 a SF · market value $7.72 million
  5. $5.02 a SF · market value $9.36 million
  6. $4.99 a SF · market value $7.63 million

Across 9 taxed buildings

  • The middle half pay between $3.98 and $5.19 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 $158 a square foot. That is the city's valuation for tax, not a sale price.
  • 1 building is fully exempt: 2024 Boston Road. 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).

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Questions about West Farms

How much commercial space is there in West Farms?

New York City's PLUTO tax lot data (26v2) records about 3.3 million square feet of commercial floor area across 218 properties in the part of West Farms Leasemark covers, including about 729,000 square feet of office and about 769,000 square feet of retail. The largest industrial and storage building by that measure is 1810 Southern Boulevard, at about 97,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve West Farms?

Three subway stations sit within about 0.5 mi of West Farms' commercial core, served by the 2 and 5 trains. The closest is 174 St (2 5), roughly 2 minutes on foot; then West Farms Sq-E Tremont Av (2 5) and Freeman St (2 5). Walking times are straight-line estimates from MTA station data.

Which subway stations in West Farms are accessible?

None of the three stations within about 0.5 mi of West Farms' commercial core is fully accessible, per the MTA. The closest accessible station is E 180 St (2 5), about 0.5 miles from the core in a straight line.

When did a large commercial building in West Farms last sell?

The newest sale on record is 425 Devoe Avenue, which sold in July 2026 for $10.8 million to DEVOE RP LLC, per the deed recorded with the city. 3 sales, $32.8 million in all, have been recorded of the large commercial buildings Leasemark tracks in West Farms since 2016.

See every building sale in West Farms

How much are commercial property taxes in West Farms?

On the Department of Finance's 2026/27 assessment roll, the 9 large commercial buildings Leasemark tracks in West Farms that pay property tax come to a median of about $4.99 per square foot of floor area a year, with the middle half between $3.98 and $5.19. 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 1764 Vyse Avenue, about $1.09 million a year. 1 more building is 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

Do tenants in West Farms 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 West Farms 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.