Factory and industrial building · Bushwick, Brooklyn
1201 Flushing Avenue
Brooklyn, NY 11237
1201 Flushing Avenue is a 3-floor factory and industrial building in Bushwick, Brooklyn, built in 1923, with about 52,000 square feet of industrial and storage space according to city records.
Also at 1201-1223 Flushing Avenue, 202 Harrison Place, 224-230 Harrison Place, 28-30 Stewart Avenue and 1 more.
- Industrial and storage space
- 52K SF
- Floors
- 3
- Year built
- 1923
- Zoning
- M1-2
The 34th largest of the 52 industrial and storage buildings we track in Bushwick. Compare it with 6 neighbors
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Compared with its neighbors
How 1201 Flushing Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 1201 Flushing Avenue ranks 5th of 7 by industrial and storage floor area. Built in 1923, it is the oldest of them. Its estimated property tax, about $4.49 a square foot of floor area before abatements, is above the neighbors' median of $3.42.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1201 Flushing Avenue | 52K SF | 3 | 1923 | $4.49 | n/a |
| 1182 Flushing Avenue | 44K SF | 3 | 1931 | $2.20 | n/a |
| 201 Harrison Place | 91K SF | 3 | 1930 | $3.32 | n/a |
| 47 Stewart Avenue | 35K SF | 2 | 1931 | $3.20 | Sep 2013, $7M |
| 28 Varick Avenue | 100K SF | 1 | 1964 | $3.51 | May 2013, $13.5M (2 lots) |
| 1177 Flushing Avenue | 84K SF | 1 | 1964 | $4.65 | May 2007, $12M |
| 538 Johnson Avenue | 121K SF | 4 | 1930 | $4.65 | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1201-1223 Flushing Avenue; 202 Harrison Place; 224-230 Harrison Place; 28-30 Stewart Avenue; 34-40 Stewart Avenue
- ZIP code
- 11237
- Building type
- Factory and industrial building (city class F5)
- Total floor area
- 52,000 SF
- Commercial floor area
- 52,000 SF
- Industrial and storage
- 52,000 SF
- Height
- 3 floors
- Average floor
- About 17,300 SF (floor area divided by floors)
- Year built
- 1923
- Lot area
- 31,875 SF
- Zoning district
- M1-2
- Built FAR
- 1.63
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3030070003
Nearest subway
- Jefferson St
- DeKalb Av
- Morgan Av
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 1201 Flushing Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across Bushwick
- 7.4%
- Share vacant along Flushing Avenue
- 6.3%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Bushwick? Get matchedNYC storefront vacancy report
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists BROTHER REAL ESTATE INC. as the owner of record. For tax year 2026/27 the city values 1201 Flushing Avenue at $4.79 million and assesses it at $2.15 million. After phase-ins and exemptions its taxable value is $2.15 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 $233,731 a year before abatements, roughly $4.49 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
- BROTHER REAL ESTATE INC.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $4,788,000
- Land market value
- $991,000
- Assessed value
- $2,154,600
- Estimated yearly tax
- About $233,731
- Tax per SF of floor area
- About $4.49
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
1201 Flushing 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 56.9 kBtu per square foot. Its greenhouse gas emissions were about 336 metric tons of CO2e (6.46 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 56.9 kBtu/SF
- Greenhouse gas emissions
- 336 t CO2e
- Emissions per SF
- 6.46 kg CO2e
- Floor area in the filing
- 52,000 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, 1201 Flushing Avenue comes to about 248 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 394 tons for 2024 to 2029 (63% of the limit), so it would owe no penalty. From 2030 the limit drops to 74 tons and the same energy use counts as about 127 tons, about 53 tons over, or an estimated $14,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 394 t CO2e
- Estimated emissions
- 248 t CO2e
- Under the limit by
- 146 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 74 t CO2e
- Estimated emissions
- 127 t CO2e
- Over the limit by
- 53 t CO2e
- Estimated penalty a year
- $14,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 52,000 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.
Own or manage 1201 Flushing Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 1201 Flushing Avenue in the 12 months to October 2026; the last one was first permitted in June 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- June 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across BushwickWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No industrial and storage space listed in Bushwick yet
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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.
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Tenant rep broker or going direct? Leasing in NYC
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Questions about 1201 Flushing Avenue
How big is 1201 Flushing Avenue?
1201 Flushing Avenue has about 52,000 square feet of floor area in total, including 52,000 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 1201 Flushing Avenue built?
City records list 1923 as the year built. The building is 3 floors tall.
What other addresses does 1201 Flushing Avenue have?
City records list 1201-1223 Flushing Avenue, 202 Harrison Place, 224-230 Harrison Place, 28-30 Stewart Avenue and 34-40 Stewart Avenue on the same tax lot (BBL 3030070003) as 1201 Flushing Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1201 Flushing Avenue?
1201 Flushing 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 1201 Flushing Avenue, Brooklyn, NY 11237, in Bushwick.
What is the zoning at 1201 Flushing Avenue?
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.63 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 1201 Flushing Avenue?
The closest subway station to 1201 Flushing Avenue is Jefferson St (the L train), about 600 feet away in a straight line, roughly 2 minutes on foot. Also nearby: DeKalb Av (the L train), 8 min walk; Morgan Av (the L train), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1201 Flushing Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists BROTHER REAL ESTATE INC. as the owner of record of 1201 Flushing Avenue (BBL 3030070003). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 1201 Flushing Avenue have an energy grade?
1201 Flushing 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 56.9 kBtu per square foot. Its greenhouse gas emissions were about 336 metric tons of CO2e (6.46 kg per square foot).
Does 1201 Flushing Avenue meet Local Law 97?
At its 2024 energy use, 1201 Flushing Avenue comes to about 248 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 394 tons for 2024 to 2029 (63% of the limit), so it would owe no penalty. From 2030 the limit drops to 74 tons and the same energy use counts as about 127 tons, about 53 tons over, or an estimated $14,000 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.
Is there construction at 1201 Flushing Avenue?
The Department of Buildings issued no permits for new jobs at 1201 Flushing Avenue in the 12 months to October 2026; the last one was first permitted in June 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3030070003. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 1201 Flushing Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.15 million for 1201 Flushing Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $233,731 a year, roughly $4.49 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3030070003 show the actual bill.
What is the assessed value of 1201 Flushing Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1201 Flushing Avenue at $4.79 million ($991,000 of it land) and its assessed value at $2.15 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 4% from 2022/23 ($4.97 million) to 2026/27.
Are there vacant storefronts at 1201 Flushing Avenue?
Owners registered one storefront at 1201 Flushing Avenue for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there industrial and storage space for lease at 1201 Flushing Avenue?
No space at 1201 Flushing 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.
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Bushwick
Transit hubs in Bushwick
- L at Morgan Av
- L at Jefferson St
- J M Z at Myrtle Av