Brooklyn
Commercial space in Borough Park
Borough Park's main shopping street is 13th Avenue, and the D train runs on an elevated line above New Utrecht Avenue with stops at Fort Hamilton Parkway, 50th Street and 55th Street. Its largest commercial buildings sit at the north end, on 37th to 39th Streets between 13th and 14th Avenues: a six-story office building from 1919 at 3611 14th Avenue, older factory and office buildings, and self-storage buildings built in 2016 and 2022. To the south, 60th Street has a shopping center and a newly built office building.
- Commercial properties
- 1,948
- Retail stock
- 2.2M SF
- Median year built
- 1931
- Known for
- Retail, Office, Industrial
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 Borough Park
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 1,948
- Office space
- 3.4M SF
- Retail space
- 2.2M SF
- Built before 1940
- 73%
Largest retail buildings
All 9 large commercial buildings in Borough ParkAge, height and zoning
- Median year built: 1931.
- Median height: 3 floors.
- Most common zoning districts: R6 (1280), R5 (219), M1-1 (154). 16% of these lots are zoned for manufacturing.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.7 mi of Borough Park's 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 Borough Park
Every station within about 0.7 mi of Borough Park's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 4
- Subway lines
- 2
- Fully accessible
- 1 of 4
- Closest
- 50 St, 3 min walk
The 4 stations
- 50 St
- 55 St
- Fort Hamilton Pkwy
- 62 St
Lines
The D and N trains stop within about 0.7 mi of Borough Park's core.
Step-free access
- 62 St (D) is fully accessible.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Borough Park's 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 Borough Park
2 sales of the large commercial buildings Leasemark tracks in Borough Park have been recorded since 2016, $68.3 million in all.
Newest sales
Since 2016
- Largest: 1454 39th Street, $40.3 million in December 2025.
- Newest deed on record: September 2026. The city's open data runs about a month behind.
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 Borough Park
Of the 9 large commercial buildings Leasemark tracks in Borough Park, 8 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $5.27 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 8 taxed buildings
- The middle half pay between $4.30 and $6.92 a square foot of floor area a year.
- Brooklyn median: $6.14 a square foot, across 450 large buildings Leasemark tracks.
- Median market value on the roll: about $109 a square foot. That is the city's valuation for tax, not a sale price.
- 1 building is fully exempt: 1312 38th Street. Exemptions like these are common for government, nonprofit and PILOT properties.
60th highest of 73 NYC neighborhoods by tax per SFHow taxes show up in a lease
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 Brooklyn).
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Questions about Borough Park
How much commercial space is there in Borough Park?
New York City's PLUTO tax lot data (26v2) records about 12.9 million square feet of commercial floor area across 1,948 properties in the part of Borough Park Leasemark covers, including about 3.4 million square feet of office and about 2.2 million square feet of retail. The largest retail building by that measure is 1260 60th Street, at about 88,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Borough Park?
Four subway stations sit within about 0.7 mi of Borough Park's commercial core, served by the D and N trains. The closest is 50 St (D), roughly 3 minutes on foot; then 55 St (D), Fort Hamilton Pkwy (D) and 62 St (D N). Walking times are straight-line estimates from MTA station data.
Which subway stations in Borough Park are accessible?
One of the four stations within about 0.7 mi of Borough Park's commercial core is fully accessible, per the MTA: 62 St (D).
When did a large commercial building in Borough Park last sell?
The newest sale on record is 1365 38th Street, which sold in September 2026 for $28 million, per the deed recorded with the city. 2 sales, $68.3 million in all, have been recorded of the large commercial buildings Leasemark tracks in Borough Park since 2016.
How much are commercial property taxes in Borough Park?
On the Department of Finance's 2026/27 assessment roll, the 8 large commercial buildings Leasemark tracks in Borough Park that pay property tax come to a median of about $5.27 per square foot of floor area a year, with the middle half between $4.30 and $6.92. 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 3611 14th Avenue, about $1.96 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.
Do tenants in Borough Park pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Brooklyn, so a commercial lease in Borough Park does not pay it at any rent.
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.
Getting there
- D at 50 St
- D at 55 St
- D at Fort Hamilton Pkwy