THE BANKNOTE

A landmark building with an iconic smokestack, The BankNote sits prominently on a hill along the Bruckner Expressway in the Bronx with extraordinary views of Manhattan. Its four-buildings are home to a variety of government (including Congressman Jose Serrano), civic and private sector office tenants, non-for-profit organizations and the arts community.

Stable, professional, on-site ownership and management and an abundance of light and air distinguish this architecturally distinct property. An extensive, recently completed capital improvement program breathed new life into this former manufacturing facility and further enhanced its landmark stature.

The four-building complex totals 405,000 square feet and sits on a 178,800-square-foot lot including private parking. Exposed brick walls, large vaulted windows, concrete floors, light-infused spaces and soaring, open ceilings up to 21’ lend a historic feel to the interior spaces that appeal to a wide range of tenants.

A $25 million capital improvement program has revitalized this landmark building. Major renovations included the installation of new windows, elevators, bathrooms, mechanical systems, security systems, new entryways and lobbies, enhanced parking areas and landscaping.

  • Entrances & Loading Docks

    Multiple loading docks, some with 18-wheeler capacity
  • Restrooms

    Upgraded facilities on each floor with new finishes and fixtures
  • Elevators

    Newly modernized and finished passenger and freight elevator cabs service all floors in each building
  • Parking & Transportation

    Ample on-site parking in a fully restored and landscaped on-site lot; abundant street parking.Conveniently located 15 minutes from Grand Central Terminal via nearby 2,5 and 6 subway stations
  • Tenant Spaces

    Historic masonry façade with new energy-efficient, oversized windows afford natural light and views
    • Ceiling heights up to 21’
    • Column spacing up to 40’
    • Reinforced concrete floor slabs (typical live load 120 lbs PSF)
    • Tie-ins to HVAC, electrical, fire alarm and sprinkler systems
    • Rooftop cooling towers provide condenser water to each floor
  • Sustainable Design features

    • Energy-efficient window replacement
    • Extensive light and air from windows and skylights
    • Energy efficient lighting
    • Low-flow fixtures in all bathrooms
    • Adjacent to the South Bronx Greenway project

Built in 1909, The BankNote is the former home of the American Banknote Company which printed U.S. and foreign currency and securities at the site. It was designated a New York City Landmark by the Landmarks Preservation Commission in 2008.

A September 13, 1992 article in The New York Times noted:

Until 1941, Joseph R. Ford occupied a room in the tower with a special mission -- he attempted to counterfeit, under the most favorable conditions, the company's currency, stock certificates and other products. His efforts were carefully analyzed to improve the company's engraving, papers and inks. By 1961, The Saturday Evening Post reported that in one day over 5 million pieces of paper were processed. The company was at that time printing half of the securities of the New York Stock Exchange. By 1980, food stamps were 8 percent of sales.

A $25 million capital improvement program has revitalized this landmark building with each of the buildings receiving individual attention. Lobbies at the Lafayette, Garrison, Smokestack and Barretto entrances were completely modernized with large glass storefront openings, steel canopies, security systems, signage and finishes.

Major infrastructure upgrades included:

  • New, oversized windows affording beautiful Manhattan views and enhancing light and air
  • Renovated common areas
  • Newly modernized and finished passenger and freight elevator cabs in all buildings
  • Upgraded restrooms on each floor with new finishes and fixtures
  • Enhanced security
  • Improved circulation
  • Fully-restored and landscaped on-site parking lot
interactiveBuilding

Lafayette Wing

The Lafayette Wing is ideally suited for creative and traditional office uses. Flexible and efficient floors boast high ceilings, oversized windows, abundant natural light and panoramic skyline views.

AVAILABILITIES

 
Floor
Space
SF
PDF/VTS

Lafeyette Wing
1
L102
975 RSF
5
L501
10,710 RSF
6
L602a
3,557 RSF

Barretto Wing
1
B318A
968 RSF
1
B318B
1,090 RSF
1
B101
6,628 RSF
3
B310
5,875 RSF
3
B315B
543 RSF

North Building
full building
N100
5,000 RSF
Conveniently located just off the Bruckner Expressway in the Hunts Point neighborhood of the Bronx, The BankNote is within easy walking distance of the #6 Longwood Avenue and #2 and #5 Intervale Avenue subway stations.

1231 Lafeyette Avenue
Bronx, NY 10474

By Car  
Grand Central Terminal - 17 minutes

Times Square - 19 minutes

Yankee Stadium - 10 minutes

George Washington Bridge - 10 minutes

RFK Bridge - 5 minutes

Whitestone Bridge - 9 minutes
Throggs Neck Bridge - 10 minutes

LaGuardia Airport - 11 minutes

JFK Airport - 25 minutes

Downtown Brooklyn - 23 minutes

Greenwich, Connecticut - 30 minutes
Westchester County, New York - 30 minutes
White Plains, New York - 30 minutes

New Rochelle, New York - 16 minutes

Fort Lee, New Jersey - 15 minutes

By Subway   
125th Street (6 train) - 12 minutes 
Grand Central Terminal (6 train) - 25 minutes 
Penn Station (2 train) - 40 minutes 

TEAM

Ownership

Madison Marquette is a private, fully integrated real estate investment management and operating company providing a comprehensive set of services to institutional investors in retail, mixed-use and office assets in top-tier markets across the United States. Since the firm’s inception in 1992, Madison Marquette has worked with a premiere group of partners and clients to define and execute accretive plans to successfully achieve investment objectives. Madison Marquette has been recognized as a thought-leader and innovator in the real estate industry – with a keen ability to identify trends impacting real estate investments and to strategically incorporate these trends into the firm’s investment, planning, development, asset management, leasing and operating strategies.

Today, Madison Marquette is working collaboratively with its clients and partners to leverage current trends to maximize values in retail, mixed-use and office assets in and around dynamic urban gateway markets including New York, San Francisco, Seattle, Washington DC, Los Angeles and South Florida.

Leasing

JRT Realty Group, Inc., was established in 1996 as a woman-owned, full-service commercial real estate services firm to address industry-wide supplier diversity initiatives. Today, the company is recognized as an industry leader and the nation’s largest certified M/WBE commercial real estate firm.

The company’s benchmark for superior service enables Fortune 500 and institutional clients, as well as federal, state and city governments, to achieve their aggressive, multi-million dollar diversity spending goals through innovative business solutions.

JRT Realty provides a full-range of customized client services, including strategic planning, corporate real estate portfolio management, tenant representation, leasing and property marketing, financing and investment sales.

CONTACT

Property Management Contact

For inquiries related to facility rental please contact property management

Leasing Contacts