Factory and industrial building · Red Hook, Brooklyn
106 Ferris Street
Brooklyn, NY 11231
106 Ferris Street is a 3-floor factory and industrial building in Red Hook, Brooklyn, built in 1920, with about 74,000 square feet of industrial and storage space according to city records.
Also at 106-118 Ferris Street.
- Industrial and storage space
- 74K SF
- Floors
- 3
- Year built
- 1920
- Zoning
- M2-1
The 13th largest of the 24 industrial and storage buildings we track in Red Hook. Compare it with 6 neighbors
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Compared with its neighbors
How 106 Ferris Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 8 minute walk, 106 Ferris Street ranks 6th of 7 by industrial and storage floor area. It went up in 1920; the median neighbor dates from 1920. Its estimated property tax, about $3.55 a square foot of floor area before abatements, is below the neighbors' median of $5.84.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 106 Ferris Street | 74K SF | 3 | 1920 | $3.55 | n/a |
| 202 Van Dyke Street | 36K SF | 1 | 1920 | $5.96 | Jun 2022, $10.2M |
| 185 Van Dyke Street | 112K SF | 2 | 1920 | $5.72 | Oct 2023, $27.5M |
| 175 Van Dyke Street | 151K SF | 3 | 1900 | $3.69 | n/a |
| 155 King Street | 78K SF | 5 | 2020 | $9.55 | Jan 2026, $75.1M (2 lots) |
| 110 Beard Street | 79K SF | 2 | 1900 | $3.38 | Aug 2022, $34M (3 lots) |
| 280 Richards Street | 133K SF | 1 | 2021 | $10.14 | Dec 2024, $156M |
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 address
- 106-118 Ferris Street
- ZIP code
- 11231
- Building type
- Factory and industrial building (city class F5)
- Total floor area
- 73,800 SF
- Commercial floor area
- 73,800 SF
- Industrial and storage
- 73,800 SF
- Height
- 3 floors
- Average floor
- About 24,600 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 1985
- Lot area
- 21,252 SF
- Zoning district
- M2-1
- Built FAR
- 3.47
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3005950200
Nearest subway
- Smith-9 Sts
Other ways around Red Hook
- NYC Ferry at Red Hook/Atlantic Basin
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 106 FERRIS STREET LLC as the owner of record. For tax year 2026/27 the city values 106 Ferris Street at $6.79 million and assesses it at $3.06 million. After phase-ins and exemptions its taxable value is $2.42 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 $262,279 a year before abatements, roughly $3.55 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
- 106 FERRIS STREET LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,791,000
- Land market value
- $1,105,000
- Assessed value
- $3,055,950
- Taxable value (phased in)
- $2,417,760
- Estimated yearly tax
- About $262,279
- Tax per SF of floor area
- About $3.55
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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 energy benchmarking (Local Law 84)
Energy use and emissions
106 Ferris Street'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 44.4 kBtu per square foot. Its greenhouse gas emissions were about 232 metric tons of CO2e (3.14 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 44.4 kBtu/SF
- Greenhouse gas emissions
- 232 t CO2e
- Emissions per SF
- 3.14 kg CO2e
- Floor area in the filing
- 73,800 SF
Energy sources in 2024
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 2026-10-16; 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, 106 Ferris Street comes to about 203 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 559 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 105 tons and the same energy use counts as about 164 tons, about 59 tons over, or an estimated $16,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 559 t CO2e
- Estimated emissions
- 203 t CO2e
- Under the limit by
- 356 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 105 t CO2e
- Estimated emissions
- 164 t CO2e
- Over the limit by
- 59 t CO2e
- Estimated penalty a year
- $16,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 73,800 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.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
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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.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 106 Ferris Street
How big is 106 Ferris Street?
106 Ferris Street has about 74,000 square feet of floor area in total, including 74,000 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 106 Ferris Street built?
City records list 1920 as the year built, with a major alteration recorded in 1985. The building is 3 floors tall.
What other addresses does 106 Ferris Street have?
City records list 106-118 Ferris Street on the same tax lot (BBL 3005950200) as 106 Ferris Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 106 Ferris Street?
106 Ferris Street is in ZIP code 11231, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 106 Ferris Street, Brooklyn, NY 11231, in Red Hook.
What is the zoning at 106 Ferris Street?
The lot is in the M2-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.47 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 106 Ferris Street?
No subway within a short walk of 106 Ferris Street: the nearest station is more than 1,600 meters away (about 20 minutes on foot before allowing for the street route). The closest subway station to 106 Ferris Street is Smith-9 Sts (the F and G trains), about 1.2 miles away in a straight line; the street route is longer. Other ways around Red Hook: NYC Ferry at Red Hook/Atlantic Basin. These are neighborhood connections, not directions from the building.
Who owns 106 Ferris Street?
The NYC Department of Finance's 2026/27 assessment roll lists 106 FERRIS STREET LLC as the owner of record of 106 Ferris Street (BBL 3005950200). 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.
Does 106 Ferris Street have an energy grade?
106 Ferris Street'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 44.4 kBtu per square foot. Its greenhouse gas emissions were about 232 metric tons of CO2e (3.14 kg per square foot).
Does 106 Ferris Street meet Local Law 97?
At its 2024 energy use, 106 Ferris Street comes to about 203 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 559 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 105 tons and the same energy use counts as about 164 tons, about 59 tons over, or an estimated $16,000 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 106 Ferris Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.42 million for 106 Ferris Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $262,279 a year, roughly $3.55 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3005950200 show the actual bill.
What is the assessed value of 106 Ferris Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 106 Ferris Street at $6.79 million ($1.1 million of it land) and its assessed value at $3.06 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 51% from 2022/23 ($4.49 million) to 2026/27.
Is there industrial and storage space for lease at 106 Ferris Street?
No space at 106 Ferris Street 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.
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Red Hook
Transit hubs in Red Hook
- F G at Smith-9 Sts
- NYC Ferry at Red Hook/Atlantic Basin