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- Where
- Bushwick, Sunset Park +1
- Size
- 5,000 to 12,000 SF
- Budget
- to $5M
- Move in
- Mar 2027
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Warehouse · Bushwick, Brooklyn
1202 Metropolitan Avenue
Brooklyn, NY 11237
1202 Metropolitan Avenue is a 1-floor warehouse in Bushwick, Brooklyn, built in 1956, with about 40,000 square feet of industrial and storage space according to city records.
Also at 1200-1226 Metropolitan Avenue, 229-243 Stewart Avenue and 493 Ten Eyck Street.
- Industrial and storage space
- 40K SF
- Floors
- 1
- Year built
- 1956
- Zoning
- M3-1
The 47th 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 1202 Metropolitan Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 1202 Metropolitan Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1956; the median neighbor dates from 1962. Its estimated property tax, about $3.98 a square foot of floor area before abatements, is below the neighbors' median of $5.19.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1202 Metropolitan Avenue | 40K SF | 1 | 1956 | $3.98 | Mar 2012, $7M |
| 209 Gardner Avenue | 51K SF | 5 | 1969 | $5.46 | Oct 2020, $28M |
| 1150 Metropolitan Avenue | 84K SF | 1 | 1971 | $5.27 | Jan 2015, $16.1M |
| 158 Gardner Avenue | 48K SF | 1 | 1967 | $5.10 | n/a |
| 151 Gardner Avenue | 45K SF | 1 | 1958 | $4.80 | n/a |
| 8 Rewe Street | 49K SF | 1 | 1957 | $5.70 | Jan 2005, $5M |
| 135 Gardner Avenue | 36K SF | n/a | 1954 | $2.39 | 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
- 1200-1226 Metropolitan Avenue; 229-243 Stewart Avenue; 493 Ten Eyck Street
- ZIP code
- 11237
- Building type
- Warehouse (city class E1)
- Total floor area
- 39,510 SF
- Commercial floor area
- 39,510 SF
- Industrial and storage
- 39,510 SF
- Height
- 1 floor
- Year built
- 1956
- Lot area
- 40,025 SF
- Zoning district
- M3-1
- Built FAR
- 0.99
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3029450018
Nearest subway
- Jefferson St
- Morgan Av
- Grand St
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 47 BRIDGEWATER CORP. as the owner of record. For tax year 2026/27 the city values 1202 Metropolitan Avenue at $3.89 million and assesses it at $1.75 million. After phase-ins and exemptions its taxable value is $1.45 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 $157,129 a year before abatements, roughly $3.98 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
- 47 BRIDGEWATER CORP.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,887,000
- Land market value
- $1,260,000
- Assessed value
- $1,749,150
- Taxable value (phased in)
- $1,448,460
- Estimated yearly tax
- About $157,129
- Tax per SF of floor area
- About $3.98
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 2026-10-09; 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.
Own or manage 1202 Metropolitan Avenue? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
Sales history
1202 Metropolitan Avenue last sold in March 2012 for $7 million, according to the deed recorded with the city. KAMPNER REALTY, LLC sold it to 47 BRIDGEWATER CORP.. That comes to about $177 per square foot of floor area.
- Last sale (deed date)
- March 26, 2012
- Price
- $7,000,000
- Price per SF of floor area
- About $177
- Seller
- KAMPNER REALTY, LLC
- Buyer
- 47 BRIDGEWATER CORP.
- Deed recorded
- April 13, 2012
- ACRIS document
- 2012040300335001
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 score, grade and emissions
1202 Metropolitan Avenue reported an ENERGY STAR score of 53 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 26.4 kBtu per square foot, 6% below the national median of 28.1 for a similar property. Its greenhouse gas emissions were about 66.5 metric tons of CO2e (1.68 kg per square foot).
- ENERGY STAR score (2024)
- 53 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 26.4 kBtu/SF
- National median for the type
- 28.1 kBtu/SF
- Greenhouse gas emissions
- 66.5 t CO2e
- Emissions per SF
- 1.68 kg CO2e
- Floor area in the filing
- 39,510 SF
ENERGY STAR score by year
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 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 1202 Metropolitan Avenue comes to about 61 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 168 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 35 tons and the same energy use counts as about 54 tons, about 19 tons over, or an estimated $5,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 168 t CO2e
- Estimated emissions
- 61 t CO2e
- Under the limit by
- 107 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 35 t CO2e
- Estimated emissions
- 54 t CO2e
- Over the limit by
- 19 t CO2e
- Estimated penalty a year
- $5,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Non-Refrigerated Warehouse 39,510 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.
Own or manage 1202 Metropolitan Avenue? List a space here free and we match it against every active requirement.
What a requirement here looks like
No live requirements for industrial and storage space in Bushwick yet. These labeled examples show what tenants post. List a space in 1202 Metropolitan Avenue and we match it against every new one automatically.
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Questions about 1202 Metropolitan Avenue
How big is 1202 Metropolitan Avenue?
1202 Metropolitan Avenue has about 40,000 square feet of floor area in total, including 40,000 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 1202 Metropolitan Avenue built?
City records list 1956 as the year built. The building is 1 floor tall.
What other addresses does 1202 Metropolitan Avenue have?
City records list 1200-1226 Metropolitan Avenue, 229-243 Stewart Avenue and 493 Ten Eyck Street on the same tax lot (BBL 3029450018) as 1202 Metropolitan Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1202 Metropolitan Avenue?
1202 Metropolitan 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 1202 Metropolitan Avenue, Brooklyn, NY 11237, in Bushwick.
What is the zoning at 1202 Metropolitan Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.99 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 1202 Metropolitan Avenue?
The closest subway station to 1202 Metropolitan Avenue is Jefferson St (the L train), about 0.6 miles away in a straight line, roughly 12 minutes on foot. Also nearby: Morgan Av (the L train), 12 min walk; Grand St (the L train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1202 Metropolitan Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 47 BRIDGEWATER CORP. as the owner of record of 1202 Metropolitan Avenue (BBL 3029450018). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 1202 Metropolitan Avenue last sold?
1202 Metropolitan Avenue last sold in March 2012 for $7 million, according to the deed recorded with the city. KAMPNER REALTY, LLC sold it to 47 BRIDGEWATER CORP.. That comes to about $177 per square foot of floor area. The deed is ACRIS document 2012040300335001 (BBL 3029450018) 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.
What is the energy grade of 1202 Metropolitan Avenue?
1202 Metropolitan Avenue reported an ENERGY STAR score of 53 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 53 earns a D. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 26.4 kBtu per square foot, 6% below the national median of 28.1 for a similar property. Its greenhouse gas emissions were about 66.5 metric tons of CO2e (1.68 kg per square foot).
Does 1202 Metropolitan Avenue meet Local Law 97?
At its 2024 energy use, 1202 Metropolitan Avenue comes to about 61 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 168 tons for 2024 to 2029 (36% of the limit), so it would owe no penalty. From 2030 the limit drops to 35 tons and the same energy use counts as about 54 tons, about 19 tons over, or an estimated $5,000 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 1202 Metropolitan Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.45 million for 1202 Metropolitan Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $157,129 a year, roughly $3.98 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3029450018 show the actual bill.
What is the assessed value of 1202 Metropolitan Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1202 Metropolitan Avenue at $3.89 million ($1.26 million of it land) and its assessed value at $1.75 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 42% from 2022/23 ($2.74 million) to 2026/27.
Is there industrial and storage space for lease at 1202 Metropolitan Avenue?
No space at 1202 Metropolitan 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