103 Varick Avenue

103 Varick Avenue has about 90,000 square feet of floor area in total, including 9,000 square feet of office and 81,000 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.

City records list 1962 as the year built. The building is 1 floor tall.

City records list 123-135 Varick Avenue on the same tax lot (BBL 3029740051) as 103 Varick Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

103 Varick Avenue is in ZIP code 11237, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 103 Varick Avenue, Brooklyn, NY 11237, in Bushwick.

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.32 and a maximum commercial FAR of 2 for this lot.

The closest subway station to 103 Varick Avenue is Morgan Av (the L train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. Also nearby: Jefferson St (the L train), 9 min walk; Montrose Av (the L train), 11 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 123 VARICK AVENUE LLC as the owner of record of 103 Varick Avenue (BBL 3029740051). 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.

103 Varick Avenue last sold in June 2014 for $16 million, according to the deed recorded with the city. WASTE MANAGEMENT OF NEW YORK, L.L.C. sold it to 123 VARICK AVENUE LLC. That comes to about $178 per square foot of floor area. The deed is ACRIS document 2014070200298003 (BBL 3029740051) 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.

103 Varick 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 234.3 kBtu per square foot. Its greenhouse gas emissions were about 2,099 metric tons of CO2e (26.66 kg per square foot).

At its 2024 energy use, 103 Varick Avenue comes to about 1,550 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 597 tons for 2024 to 2029: about 953 tons over, an estimated penalty of $255,000 a year. From 2030 the limit drops to 112 tons and the same energy use counts as about 788 tons, about 677 tons over, or an estimated $181,000 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.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.09 million for 103 Varick Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $552,499 a year, roughly $6.15 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3029740051 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 103 Varick Avenue at $11.3 million ($5.78 million of it land) and its assessed value at $5.09 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 6% from 2022/23 ($10.7 million) to 2026/27.

No space at 103 Varick 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.