Factory and industrial building · East New York, Brooklyn

1010 Stanley Avenue

Brooklyn, NY 11208

1010 Stanley Avenue is a 1-floor factory and industrial building in East New York, Brooklyn, built in 1964, with about 43,000 square feet of industrial and storage space according to city records.

Also at 614 Milford Street and 589 Montauk Avenue.

Industrial and storage space
43K SF
Floors
1
Year built
1964
Zoning
M1-1

Industrial and storage space next to its nearest neighbors

  1. 1010 Stanley AvenueThis building43K SF
  2. 601 Wortman Avenue1 min walk43K SF
  3. 1014 Stanley Avenue1 min walk36K SF

The 26th largest of the 40 industrial and storage buildings we track in East New York. Compare it with 6 neighbors

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Compared with its neighbors

How 1010 Stanley Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 1010 Stanley Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1964; the median neighbor dates from 1962. Its estimated property tax, about $5.77 a square foot of floor area before abatements, is above the neighbors' median of $4.32.

1010 Stanley Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
1010 Stanley AvenueThis building43K SF11964$5.77Sep 2017, $9.7M
1014 Stanley Avenue1 min walk36K SF11963$3.68Sep 2014, $3.2M
601 Wortman Avenue1 min walk43K SF11964$4.72n/a
625 Wortman Avenue1 min walk58K SF11963$4.87Nov 2022, $29.4M
549 Wortman Avenue3 min walk36K SF11920$3.88n/a
714 Montauk Avenue3 min walk60K SF11962$4.82n/a
535 Atkins Avenue4 min walk46K SF11962$3.93n/a
The 26th largest of the 40 industrial and storage buildings we track in East New York: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
614 Milford Street; 589 Montauk Avenue
ZIP code
11208
Building type
Factory and industrial building (city class F1)
Total floor area
42,500 SF
Commercial floor area
42,500 SF
Industrial and storage
42,500 SF
Height
1 floor
Year built
1964
Lot area
55,000 SF
Zoning district
M1-1
Built FAR
0.77
Max commercial FAR
1
Tax lot (BBL)
3045240001

Nearest subway

  • New Lots Av13 min walk · Not accessible

Nearby large buildings

All 8 large industrial buildings on Stanley Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists SPG 1010 STANLEY LLC as the owner of record. For tax year 2026/27 the city values 1010 Stanley Avenue at $5.88 million and assesses it at $2.65 million. After phase-ins and exemptions its taxable value is $2.26 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $245,115 a year before abatements, roughly $5.77 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
SPG 1010 STANLEY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$5,884,000
Land market value
$1,380,000
Assessed value
$2,647,800
Taxable value (phased in)
$2,259,540
Estimated yearly tax
About $245,115
Tax per SF of floor area
About $5.77

City market value by tax year

  • 2022/23$3.61 million
  • 2023/24$4.83 million
  • 2024/25$5.25 million
  • 2025/26$5.53 million
  • 2026/27$5.88 million

Market value rose 63% from 2022/23 ($3.61 million) to 2026/27.

How East New York compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-09; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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NYC property records (ACRIS)

Sales history

1010 Stanley Avenue last sold in September 2017 for $9.65 million, according to the deed recorded with the city. BURT MILLWORK CORPORATION sold it to SPG 1010 STANLEY LLC. That comes to about $227 per square foot of floor area.

Last sale (deed date)
September 6, 2017
Price
$9,650,000
Price per SF of floor area
About $227
Seller
BURT MILLWORK CORPORATION
Buyer
SPG 1010 STANLEY LLC
Deed recorded
September 13, 2017
ACRIS document
2017091201017001
All 15 building sales in East New York since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

1010 Stanley Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 90.2 kBtu per square foot. Its greenhouse gas emissions were about 251 metric tons of CO2e (5.36 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Manufacturing/Industrial Plant
Site energy use intensity
90.2 kBtu/SF
Greenhouse gas emissions
251 t CO2e
Emissions per SF
5.36 kg CO2e
Floor area in the filing
46,750 SF

Energy sources in 2024

  • Natural gas90%
  • Electricity10%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 1010 Stanley Avenue comes to about 238 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 354 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 66 tons and the same energy use counts as about 219 tons, about 153 tons over, or an estimated $41,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
354 t CO2e
Estimated emissions
238 t CO2e
Under the limit by
117 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
66 t CO2e
Estimated emissions
219 t CO2e
Over the limit by
153 t CO2e
Estimated penalty a year
$41,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 46,750 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

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Questions about 1010 Stanley Avenue

How big is 1010 Stanley Avenue?

1010 Stanley Avenue has about 43,000 square feet of floor area in total, including 43,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 1010 Stanley Avenue built?

City records list 1964 as the year built. The building is 1 floor tall.

What other addresses does 1010 Stanley Avenue have?

City records list 614 Milford Street and 589 Montauk Avenue on the same tax lot (BBL 3045240001) as 1010 Stanley Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 1010 Stanley Avenue?

1010 Stanley Avenue is in ZIP code 11208, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1010 Stanley Avenue, Brooklyn, NY 11208, in East New York.

What is the zoning at 1010 Stanley Avenue?

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.77 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 1010 Stanley Avenue?

The closest subway station to 1010 Stanley Avenue is New Lots Av (the 3 train), about 0.6 miles away in a straight line, roughly 13 minutes on foot. Walking times are straight-line estimates; the street route is longer.

Who owns 1010 Stanley Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists SPG 1010 STANLEY LLC as the owner of record of 1010 Stanley Avenue (BBL 3045240001). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 1010 Stanley Avenue last sold?

1010 Stanley Avenue last sold in September 2017 for $9.65 million, according to the deed recorded with the city. BURT MILLWORK CORPORATION sold it to SPG 1010 STANLEY LLC. That comes to about $227 per square foot of floor area. The deed is ACRIS document 2017091201017001 (BBL 3045240001) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

Does 1010 Stanley Avenue have an energy grade?

1010 Stanley Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 90.2 kBtu per square foot. Its greenhouse gas emissions were about 251 metric tons of CO2e (5.36 kg per square foot).

Does 1010 Stanley Avenue meet Local Law 97?

At its 2024 energy use, 1010 Stanley Avenue comes to about 238 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 354 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 66 tons and the same energy use counts as about 219 tons, about 153 tons over, or an estimated $41,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

What are the property taxes at 1010 Stanley Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.26 million for 1010 Stanley Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $245,115 a year, roughly $5.77 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3045240001 show the actual bill.

What is the assessed value of 1010 Stanley Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 1010 Stanley Avenue at $5.88 million ($1.38 million of it land) and its assessed value at $2.65 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 63% from 2022/23 ($3.61 million) to 2026/27.

Is there industrial and storage space for lease at 1010 Stanley Avenue?

No space at 1010 Stanley Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

2,492 buildings from city records

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