Office building · Downtown Brooklyn, Brooklyn

132 Flatbush Avenue Ext

Brooklyn, NY 11201

132 Flatbush Avenue Ext is a 5-floor office building in Downtown Brooklyn, Brooklyn, built in 1993, with about 93,000 square feet of office space according to city records.

Office space
93K SF
Floors
5
Year built
1993
Zoning
C6-1A

Office space next to its nearest neighbors

  1. 303 Bridge Street1 min walk331K SF
  2. 157 Flatbush Avenue Ext1 min walk141K SF
  3. 132 Flatbush Avenue ExtThis building93K SF
  4. 131 Flatbush Avenue Ext1 min walk52K SF

The 44th largest of the 63 office buildings we track in Downtown Brooklyn. Compare it with 6 neighbors

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Compared with its neighbors

How 132 Flatbush Avenue Ext compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 132 Flatbush Avenue Ext ranks 5th of 7 by office floor area. It went up in 1993; the median neighbor dates from 1991. Its property tax is fully exempt on the city's assessment roll.

132 Flatbush Avenue Ext and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
132 Flatbush Avenue ExtThis building93K SF51993Exempt
157 Flatbush Avenue Ext1 min walk141K SF71993Exempt
131 Flatbush Avenue Ext1 min walk52K SF61924$10.67
303 Bridge Street1 min walk331K SF81996Exempt
115 Myrtle Avenue2 min walk622K SF192002Exempt
325 Gold Street2 min walk44K SF71920$8.20
339 Bridge Street3 min walk404K SF101990$9.77
The 44th largest of the 63 office buildings we track in Downtown Brooklyn: see the full list

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). 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

ZIP code
11201
Building type
Office building (city class O2)
Total floor area
93,000 SF
Commercial floor area
93,000 SF
Office
93,000 SF
Height
5 floors
Average floor
About 18,600 SF (floor area divided by floors)
Year built
1993
Lot area
18,916 SF
Zoning district
C6-1A
Built FAR
4.92
Max commercial FAR
6
Tax lot (BBL)
3001320023

Nearest subway

  • Jay St-MetroTech4 min walk · Accessible station
  • Borough Hall6 min walk · Accessible station · connects to Court St
  • Hoyt St7 min walk · Partly accessible

Nearby large buildings

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 BROOKLYN NY II SGF, LLC as the owner of record. For tax year 2026/27 the city values 132 Flatbush Avenue Ext at $29.7 million and assesses it at $13.4 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
BROOKLYN NY II SGF, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$29,688,000
Land market value
$1,999,000
Assessed value
$13,359,600
Exemptions
$13,359,600
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$34.8 million
  • 2023/24$37.8 million
  • 2024/25$29.8 million
  • 2025/26$29.2 million
  • 2026/27$29.7 million

Market value fell 15% from 2022/23 ($34.8 million) to 2026/27.

How Downtown Brooklyn compares: property tax per SF across NYC neighborhoodsHow NYC commercial property tax works, and why some towers show $0

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How to find who owns any NYC building

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 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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Questions about 132 Flatbush Avenue Ext

How big is 132 Flatbush Avenue Ext?

132 Flatbush Avenue Ext has about 93,000 square feet of floor area in total, including 93,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 132 Flatbush Avenue Ext built?

City records list 1993 as the year built. The building is 5 floors tall.

What is the ZIP code of 132 Flatbush Avenue Ext?

132 Flatbush Avenue Ext is in ZIP code 11201, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 132 Flatbush Avenue Ext, Brooklyn, NY 11201, in Downtown Brooklyn.

What is the zoning at 132 Flatbush Avenue Ext?

The lot is in the C6-1A zoning district. PLUTO lists a built floor area ratio (FAR) of 4.92 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 132 Flatbush Avenue Ext?

The closest subway station to 132 Flatbush Avenue Ext is Jay St-MetroTech (the A, C, F and R trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: Borough Hall (the 2, 3, 4, 5 and R trains, connected to Court St), 6 min walk; Hoyt St (the 2 and 3 trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 132 Flatbush Avenue Ext?

The NYC Department of Finance's 2026/27 assessment roll lists BROOKLYN NY II SGF, LLC as the owner of record of 132 Flatbush Avenue Ext (BBL 3001320023). 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.

What are the property taxes at 132 Flatbush Avenue Ext?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 132 Flatbush Avenue Ext, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 3001320023 show what is actually billed.

What is the assessed value of 132 Flatbush Avenue Ext?

For tax year 2026/27, the NYC Department of Finance puts the market value of 132 Flatbush Avenue Ext at $29.7 million ($2 million of it land) and its assessed value at $13.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 15% from 2022/23 ($34.8 million) to 2026/27.

Is there office space for lease at 132 Flatbush Avenue Ext?

No space at 132 Flatbush Avenue Ext 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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