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255 E 138th St

South Bronx, Bronx, NY
Floors
8
Year Constructed
2014

About 255 E 138th St

The brand new South Bronx “Green” retail opportunity at 255 East 138th Street will interest tenants looking to rent office space or retail frontage at the base of a residential development with excellent foot traffic.

Located at the intersection of 138th St and 3rd Avenue, the brand new building will have tenants like Dollar Tree and Brightside Academy in its immediate neighborhood. 255 East 138th Street boasts 155’ wraparound frontage and sits in a high volume traffic area near Third Avenue Bridge and New Work’s Lincoln Hospital.

Commuters working at 255 East 138th Street have easy access to bus lines Bx2, 21, 32 and 33, for a bus stop will be located directly at the development. Subway lines 4, 5 and 6 are also easily accessible. Cafes, eateries and grocery stores are located within a short walk on 3rd Avenue.

The overall building size will comprise of 124,952 square feet and the project will house 99 mixed-income households.

The 8-story, freestanding red brick building is scheduled for completion in 2014 and will boast a facade with extensive window-lines, steel and retail frontage. 255 East 138th Street, New York, is an inviting and attractive example of modern architecture.

Companies at 255 E 138th St

Angie's Cafe & Pizza Restaurant Food

Internet Providers for 255 E 138th St

Provider Technology Max Download Speed Max Upload Speed
Cablevision/Optimum Cable
1 Gb/s
25 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s
Verizon New York DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: South Bronx

On average, listings lease in the $30's per square foot per year. The South Bronx region is going through a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 43% rise in rent.

Compared to the rest of the New York City market, the South Bronx submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Median Rate Median Size
South Bronx $38
/sqft/yr
1,940
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,372
sqft

Median Rate over Time in South Bronx