585 Gerard Ave, Bronx, NY 10451 Property Records

New York City property record for 585 Gerard Ave, Bronx, NY 10451

Property Summary

Property TypeGeneral Heavy Industrial
Details50,000 sqft · built 1913
Lot Size0.574 acres (25,000 sqft)
OwnerCompany Name on File
Last Sale$9,000,000 (Jul 2017)
Tax Bill$129,964 (2025)
Deeds & MortgagesOct 2023 Mortgage
Nov 2017 Line of Credit
+ 1 more
APN02352-0015

Property Details

APN / Parcel Number

Primary APN02352-0015
Alternative APNs
  • 0903023520015
  • 2-02352-0015

Interior

Units2 Units
Stories2 Stories
Building Area50,000 sqft Gross Area
1st Floor Area29,600 sqft

Exterior

Year BuiltBuilt 1913
Effective Year BuiltEffective 1913
Lot Area25,000 sqft (0.574 acres)
Lot Dimensions200 ft deep x 148 ft wide
View / LotCorner

Location & Zoning

Account Number2-02352-0015
Street Address585 GERARD AVE
CityBRONX
StateNY
Zip10451
Property CategoryIndustrial
Property TypeIndustrial > General Heavy Industrial
Local Zoning CodeM1-2
Legal Block2352
Legal Lot Number15
JurisdictionBRONX NY
Township / Civil DivisionBRONX
Census Block Group6
Census Block6016
Census Tract6301

Owner

585 Gerard Ave, an industrial property, is owned by a company that bought it in July 2017.

Source: New York City records, as of April 29, 2026

Owner of RecordCompany Name on File
Mailing Address50 E 153RD ST, BRONX, NY 10451-2104
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 2, 2023Deed of Trust, Mortgage
ROYAL BANK OF CANADA
Nov 14, 2017Grant Deed, Mortgage · Line of Credit
GUGGENHEIM CORP FNDG
Jul 7, 2017Quit Claim Deed, Transfer
FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 18, 2017 · Amount on File
Deed SaleJul 18, 2017 · Amount on File
Deed Document Number2017263186
Record UpdatedJun 8, 2026

October 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBRONX NY
Property Address585 GERARD AVE, BRONX, NY 10451
Transaction TypeMortgage
Record UpdatedOct 10, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000252194
DateOct 2, 2023
Instrument2023000252194
Lender
NameROYAL BANK OF CANADA
Address20 KING STREET, TORONTO ON M5H L
Agreement
AmountAmount on Record

November 2017: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionBRONX NY
Recording DateNov 14, 2017
Property Address585 GERARD AVE, BRONX, NY 10451
Instrument DateNov 10, 2017
Instrument419253
Transaction TypeMortgage
Record UpdatedNov 23, 2017
Title CompanyGREAT LAKES TITLE AND ESCROW COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address50 E 153RD ST BRONX NY 104512104, BRONX, NY 10451-2104

Mortgage

Document Number0000419253
DateNov 14, 2017
Instrument419253
Lender
NameGUGGENHEIM CORP FNDG
TypeFunding / Finance Company
Address330 MADISON AVE # 10TH, NEW YORK, NY 10017-5001
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

July 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionBRONX NY
Recording DateJul 7, 2017
Property Address585 GERARD AVE, BRONX, NY 10451
Document Number0000250506
Instrument DateJun 26, 2017
Instrument250506
Transaction TypeTransfer
Record UpdatedJul 14, 2017
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address50 E 153RD ST BRONX NY 104512104, BRONX, NY 10451-2104

Tax Assessment & Valuation

The 2025 property tax bill for 585 Gerard Ave was $129,964.

Source: New York City assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateNew York
CountyBronx County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,315,440 Land $225,000 Building $1,090,440$3,061,000 Land $500,000 Building $2,561,000
2025$129,964.00
2023$118,578.00$1,119,510 Land $225,000 Building $894,510$2,976,000 Land $500,000 Building $2,476,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 585 Gerard Ave; 11 flood insurance policies are in force nearby.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Flood Insurance CostPremium on File
median of 11 policies
Nearby Flood Policies11 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 585 Gerard Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 163 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Cable · Fiber in parts of the area
940 / 35
T-Mobile
Fixed Wireless
100 / 20

May also be available: Astound Broadband, ResiBridge, Skywire Networks, Spectrum, Starry, Verizon.

Nearby Properties on Gerard Ave

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