Self-storage building · Bed-Stuy, Brooklyn
1050 Atlantic Avenue
Brooklyn, NY 11238
1050 Atlantic Avenue is a 2-floor self-storage building in Bed-Stuy, Brooklyn, built in 1930, with about 51,000 square feet of industrial and storage space according to city records.
Also at 1050-1060 Atlantic Avenue, 594-612 Classon Avenue and 1043-1053 Pacific Street.
- Industrial and storage space
- 51K SF
- Floors
- 2
- Year built
- 1930
- Zoning
- C6-3A
No space at 1050 Atlantic Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 1050 Atlantic Avenue compares
Next to the 3 nearest large commercial buildings, all within a 14 minute walk, 1050 Atlantic Avenue is the smallest by commercial floor area. It went up in 1930; the median neighbor dates from 1968. Its estimated property tax, about $7.14 a square foot of floor area before abatements, is above the neighbors' median of $5.08.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1050 Atlantic Avenue | 51K SF | 2 | 1930 | $7.14 | Apr 2014, $20M |
| 1274 Bedford Avenue | 71K SF | 6 | 1968 | $5.08 | n/a |
| 1260 Atlantic Avenue | 92K SF | 4 | 1995 | $6.53 | Jan 2019, $23.5M (4 lots) |
| 1380 Fulton Street | 91K SF | 6 | 1917 | $0.61 | n/a |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1050-1060 Atlantic Avenue; 594-612 Classon Avenue; 1043-1053 Pacific Street
- ZIP code
- 11238
- Building type
- Self-storage building (city class E7)
- Total floor area
- 50,550 SF
- Commercial floor area
- 50,550 SF
- Industrial and storage
- 50,550 SF
- Height
- 2 floors
- Year built
- 1930
- Lot area
- 26,450 SF
- Zoning district
- C6-3A
- Built FAR
- 1.91
- Max commercial FAR
- 6
- Tax lot (BBL)
- 3011250040
Nearest subway
- Franklin Av
- Park Pl
- Nostrand Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-09-30. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists CUBESMART, L.P. as the owner of record. For tax year 2026/27 the city values 1050 Atlantic Avenue at $10.6 million and assesses it at $4.76 million. After phase-ins and exemptions its taxable value is $3.33 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 $360,776 a year before abatements, roughly $7.14 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
- CUBESMART, L.P.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,578,000
- Land market value
- $1,719,000
- Assessed value
- $4,760,100
- Taxable value (phased in)
- $3,325,740
- Estimated yearly tax
- About $360,776
- Tax per SF of floor area
- About $7.14
City market value by tax year
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 2026-09-30; 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.
NYC property records (ACRIS)
Sales history
1050 Atlantic Avenue last sold in April 2014 for $20 million, according to the deed recorded with the city. 1050 ATLANTIC AVENUE LLC sold it to CUBESMART, L.P.. That comes to about $396 per square foot of floor area.
- Last sale (deed date)
- April 16, 2014
- Price
- $20,000,000
- Price per SF of floor area
- About $396
- Seller
- 1050 ATLANTIC AVENUE LLC
- Buyer
- CUBESMART, L.P.
- Deed recorded
- May 1, 2014
- ACRIS document
- 2014041701239001
Recorded sales
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-09-30; 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
1050 Atlantic 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.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Floor area in the filing
- 50,550 SF
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 2026-09-30; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about 1050 Atlantic Avenue
How big is 1050 Atlantic Avenue?
1050 Atlantic Avenue has about 51,000 square feet of floor area in total, including 51,000 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 1050 Atlantic Avenue built?
City records list 1930 as the year built. The building is 2 floors tall.
What other addresses does 1050 Atlantic Avenue have?
City records list 1050-1060 Atlantic Avenue, 594-612 Classon Avenue and 1043-1053 Pacific Street on the same tax lot (BBL 3011250040) as 1050 Atlantic Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1050 Atlantic Avenue?
1050 Atlantic Avenue is in ZIP code 11238, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1050 Atlantic Avenue, Brooklyn, NY 11238, in Bed-Stuy.
What is the zoning at 1050 Atlantic Avenue?
The lot is in the C6-3A zoning district. PLUTO lists a built floor area ratio (FAR) of 1.91 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 1050 Atlantic Avenue?
The closest subway station to 1050 Atlantic Avenue is Franklin Av (the C and S trains), about 850 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: Park Pl (the S train), 7 min walk; Nostrand Av (the A and C trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1050 Atlantic Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CUBESMART, L.P. as the owner of record of 1050 Atlantic Avenue (BBL 3011250040). 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 1050 Atlantic Avenue last sold?
1050 Atlantic Avenue last sold in April 2014 for $20 million, according to the deed recorded with the city. 1050 ATLANTIC AVENUE LLC sold it to CUBESMART, L.P.. That comes to about $396 per square foot of floor area. The deed is ACRIS document 2014041701239001 (BBL 3011250040) 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 1050 Atlantic Avenue have an energy grade?
1050 Atlantic 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.
What are the property taxes at 1050 Atlantic Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.33 million for 1050 Atlantic Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $360,776 a year, roughly $7.14 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3011250040 show the actual bill.
What is the assessed value of 1050 Atlantic Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1050 Atlantic Avenue at $10.6 million ($1.72 million of it land) and its assessed value at $4.76 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 65% from 2022/23 ($6.41 million) to 2026/27.
Is there industrial and storage space for lease at 1050 Atlantic Avenue?
No space at 1050 Atlantic 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.
Bed-Stuy
Transit hubs in Bed-Stuy
- A C at Nostrand Av
- C at Kingston-Throop Avs
- G at Bedford-Nostrand Avs