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555 E 242nd St
Bronx, NY 10470 Wakefield

Rate Upon Request

Distribution For Lease  •  18,000+ SF

Property Details

  • Property Type Distribution
  • Year Built 1947
  • Total Building Size 43,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning M1-1
90 Transit Score
80 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Industrial 25,000 SF Rate Upon Request 
555 East 242nd Street offers a substantial industrial facility in the Bronx’s Southeast Submarket, providing a total of 43,000 square feet across two levels. The property features a 16-foot ceiling height on the ground floor, creating ample vertical clearance for storage, light manufacturing, or distribution operations. With immediate availability and negotiable terms, this property is well-suited for businesses seeking a functional and accessible location within New York City.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 43,000 SF
2nd Floor Ste Industrial 18,000 SF Rate Upon Request 
555 East 242nd Street offers a substantial industrial facility in the Bronx’s Southeast Submarket, providing a total of 43,000 square feet across two levels. The property features a 16-foot ceiling height on the ground floor, creating ample vertical clearance for storage, light manufacturing, or distribution operations. With immediate availability and negotiable terms, this property is well-suited for businesses seeking a functional and accessible location within New York City.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: Relet
  • In Contiguous block: 43,000 SF

Description 

555 East 242nd Street is a three-story industrial warehouse property offering +/-70,000 square feet of warehouse, office, and flex space in a strategic Mount Vernon location. Now under new ownership and management, the property is undergoing improvements designed to enhance operations, modernize the asset, and attract long-term tenancy.

Spanning three levels, the building provides flexible occupancy options for warehouse, distribution, light manufacturing, and office users seeking a well-positioned facility with adaptable space configurations. Ownership's repositioning strategy focuses on upgrading the property to meet the evolving needs of today's industrial and flex-space tenants while creating a high-quality environment for long-term growth.

Ideally situated with convenient access to major transportation corridors, the property offers close proximity to I-95, the Cross County Parkway, the Hutchinson River Parkway, and the Bronx River Parkway, providing efficient connectivity throughout Westchester County, New York City, and the greater Tri-State area.

With its combination of warehouse capacity, office accommodations, and flexible layouts, 555 East 242nd Street presents a unique opportunity for businesses seeking functional industrial space in the New York metropolitan area.

Highlights

Multi Tenant Flexible Warehouse
Dedicated entrance/ loading area
Close to all major transportation corridors

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Wakefield Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min 11 min 0.6 mi
Mount Vernon West Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min 15 min 0.8 mi
Transit/SubwayDriveWalkDistance
Wakefield-241 Street (2 - New York MTA Subway (The Subway)) 1 min 10 min 0.5 mi
Nereid Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 25 min - 14.0 mi
Westchester County 28 min - 18.0 mi
John F Kennedy International 32 min - 21.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
David Scher 914-393-3654 Compass
David Scher 914-393-3654 Compass