Retail building · Bushwick, Brooklyn
Brooklyn, NY 11237
1329 Willoughby Avenue is a 2-floor retail building in Bushwick, Brooklyn, built in 1931, with about 38,000 square feet of retail space according to city records.
The 3rd largest of the 5 retail buildings we track in Bushwick. Compare it with 6 neighbors
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Compared with its neighbors
Next to the 6 nearest large commercial buildings, all within a 5 minute walk, 1329 Willoughby Avenue is the smallest by commercial floor area. It went up in 1931; the median neighbor dates from 1930. Its estimated property tax, about $6.32 a square foot of floor area before abatements, is above the neighbors' median of $3.91.
| Building | Commercial space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1329 Willoughby Avenue | 38K SF | 2 | 1931 | $6.32 | Jun 2004, $2.6M |
| 427 Troutman Street | 41K SF | 1 | 1931 | $4.66 | Feb 2022, $6.5M |
| 349 Suydam Street | 43K SF | 4 | 1931 | $2.86 | n/a |
| 1182 Flushing Avenue | 44K SF | 3 | 1931 | $2.20 | n/a |
| 1300 Flushing Avenue | 105K SF | 6 | 1930 | $9.75 | Jun 2020, $44M |
| 1201 Flushing Avenue | 52K SF | 3 | 1923 | $4.49 | n/a |
| 201 Harrison Place | 91K SF | 3 | 1930 | $3.32 | 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
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; 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 storefront registry (Local Law 157)
Owners registered 6 storefronts at 1329 Willoughby Avenue for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 6 did.
Own or lease out a storefront at 1329 Willoughby Avenue? Listing it is free, and it is matched against every active requirement for retail space in Bushwick the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-09. 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 2024 filing was due June 3, 2025, 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
The Department of Finance lists FM CONSOLIDTED HOLDING CORP. as the owner of record. For tax year 2026/27 the city values 1329 Willoughby Avenue at $6.01 million and assesses it at $2.71 million. After phase-ins and exemptions its taxable value is $2.19 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 $237,598 a year before abatements, roughly $6.32 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.
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 1329 Willoughby Avenue? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
1329 Willoughby Avenue last sold in June 2004 for $2.65 million, according to the deed recorded with the city. Y.Y.Y. REALTY CORP. sold it to FM CONSOLIDATED HOLDING CORPORATION.
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)
1329 Willoughby 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 58.6 kBtu per square foot, 21% above the national median of 48.5 for a similar property. Its greenhouse gas emissions were about 179 metric tons of CO2e (4.75 kg per square foot).
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.
NYC Department of Buildings permits
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1329 Willoughby Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1 and the roof, was first permitted in July 2026 (construction, mechanical, plumbing, structural; filed cost estimate $216,000).
Build-outs across BushwickWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). 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 live requirements for retail space in Bushwick yet. These labeled examples show what tenants post. List a space in 1329 Willoughby Avenue and we match it against every new one automatically.
Posted by the tenant · Food and beverage
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1329 Willoughby Avenue has about 38,000 square feet of floor area in total, including 38,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1931 as the year built, with a major alteration recorded in 2017. The building is 2 floors tall.
1329 Willoughby 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 1329 Willoughby Avenue, Brooklyn, NY 11237, in Bushwick.
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.57 and a maximum commercial FAR of 1 for this lot.
The closest subway station to 1329 Willoughby Avenue is Jefferson St (the L train), about 500 feet away in a straight line, roughly 2 minutes on foot. Also nearby: DeKalb Av (the L train), 4 min walk; Knickerbocker Av (the M train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists FM CONSOLIDTED HOLDING CORP. as the owner of record of 1329 Willoughby Avenue (BBL 3032000035). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
1329 Willoughby Avenue last sold in June 2004 for $2.65 million, according to the deed recorded with the city. Y.Y.Y. REALTY CORP. sold it to FM CONSOLIDATED HOLDING CORPORATION. The deed is ACRIS document 2004080501049001 (BBL 3032000035) 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.
1329 Willoughby 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 58.6 kBtu per square foot, 21% above the national median of 48.5 for a similar property. Its greenhouse gas emissions were about 179 metric tons of CO2e (4.75 kg per square foot).
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1329 Willoughby Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1 and the roof, was first permitted in July 2026 (construction, mechanical, plumbing, structural; filed cost estimate $216,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3032000035. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.19 million for 1329 Willoughby Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $237,598 a year, roughly $6.32 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3032000035 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 1329 Willoughby Avenue at $6.01 million ($720,000 of it land) and its assessed value at $2.71 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 13% from 2022/23 ($6.89 million) to 2026/27.
Owners registered 6 storefronts at 1329 Willoughby Avenue for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 6 did. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
No space at 1329 Willoughby 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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