Shopping center · East New York, Brooklyn
1350 Pennsylvania Avenue
Brooklyn, NY 11239
1350 Pennsylvania Avenue is a 2-floor shopping center in East New York, Brooklyn, built in 1974, with about 105,000 square feet of retail space according to city records.
Also at 655 Louisiana Avenue, 1330 Pennsylvania Avenue and 1340-1390 Pennsylvania Avenue.
- Retail space
- 105K SF
- Floors
- 2
- Year built
- 1974
- Zoning
- C4-3
The 6th largest of the 8 retail buildings we track in East New York. Compare it with 6 neighbors
No space at 1350 Pennsylvania Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for East New York and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 1350 Pennsylvania Avenue compares
Next to the 6 nearest large retail buildings, all within a 18 minute walk, 1350 Pennsylvania Avenue ranks 6th of 7 by retail floor area. Built in 1974, it is the oldest of them. Its estimated property tax, about $12.02 a square foot of floor area before abatements, is below the neighbors' median of $16.12.
| Building | Retail space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 1350 Pennsylvania Avenue | 105K SF | 2 | 1974 | $12.02 |
| 360 Gateway Drive | 124K SF | 1 | 2013 | $16.23 |
| 339 Gateway Drive | 129K SF | 1 | 2001 | $14.35 |
| 410 Gateway Drive | 203K SF | 2 | 2012 | $16.88 |
| 519 Gateway Drive | 158K SF | 1 | 2001 | $21.76 |
| 550 Gateway Drive | 87K SF | n/a | 2013 | $14.55 |
| 579 Gateway Drive | 143K SF | 1 | 2001 | $16.01 |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 655 Louisiana Avenue; 1330 Pennsylvania Avenue; 1340-1390 Pennsylvania Avenue
- ZIP code
- 11239
- Building type
- Shopping center (city class K6)
- Total floor area
- 105,460 SF
- Commercial floor area
- 105,460 SF
- Retail
- 105,460 SF
- Height
- 2 floors
- Year built
- 1974
- Lot area
- 344,810 SF
- Zoning district
- C4-3
- Built FAR
- 0.31
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 3044520015
Nearest subway
- East 105 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 24 storefronts at 1350 Pennsylvania Avenue for December 31, 2024, the newest annual filing the city has published, and 2 of them stood vacant that day.
- Storefronts registered for December 31, 2024
- 24
- Vacant that day
- 2
- Share vacant here
- 8.3%
- Share vacant across East New York
- 10.8%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 1350 Pennsylvania Avenue? Listing it is free, and it is matched against every active requirement for retail space in East New York 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 2026-10-03. 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
Owner, property tax and assessed value
The Department of Finance lists BSC RETAIL OWNER LLC as the owner of record. For tax year 2026/27 the city values 1350 Pennsylvania Avenue at $27.3 million and assesses it at $12.3 million. After phase-ins and exemptions its taxable value is $11.7 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 $1.27 million a year before abatements, roughly $12.02 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
- BSC RETAIL OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $27,270,000
- Land market value
- $10,344,000
- Assessed value
- $12,271,500
- Taxable value (phased in)
- $11,688,210
- Estimated yearly tax
- About $1.27 million
- Tax per SF of floor area
- About $12.02
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 2026-10-03; 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.
NYC property records (ACRIS)
Sales history
1350 Pennsylvania Avenue last sold in May 2018 for $35 million, according to the deed recorded with the city. SPRING CREEK PLAZA, LLC sold it to BSC RETAIL OWNER LLC. That comes to about $332 per square foot of floor area.
- Last sale (deed date)
- May 7, 2018
- Price
- $35,000,000
- Price per SF of floor area
- About $332
- Seller
- SPRING CREEK PLAZA, LLC
- Buyer
- BSC RETAIL OWNER LLC
- Deed recorded
- May 11, 2018
- ACRIS document
- 2018050400849001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; 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 use and emissions
1350 Pennsylvania Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the meters entered cannot produce a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. The filing covers 15 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Multifamily Housing
- Floor area in the filing
- 7,721,401 SF
- Tax lots in the filing
- 15
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, one filing for 15 tax lots), pulled 2026-10-03; 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
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1350 Pennsylvania Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the ground floor). The newest build-out, on the ground floor, was first permitted in April 2026 (construction, mechanical; filed cost estimate $200,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 2
- Newest job first permitted
- April 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1, ground floor
Recent build-outs
New jobs by year
Build-outs across East New YorkWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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.
Before you sign
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Questions about 1350 Pennsylvania Avenue
How big is 1350 Pennsylvania Avenue?
1350 Pennsylvania Avenue has about 105,000 square feet of floor area in total, including 105,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 1350 Pennsylvania Avenue built?
City records list 1974 as the year built. The building is 2 floors tall.
What other addresses does 1350 Pennsylvania Avenue have?
City records list 655 Louisiana Avenue, 1330 Pennsylvania Avenue and 1340-1390 Pennsylvania Avenue on the same tax lot (BBL 3044520015) as 1350 Pennsylvania Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1350 Pennsylvania Avenue?
1350 Pennsylvania Avenue is in ZIP code 11239, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1350 Pennsylvania Avenue, Brooklyn, NY 11239, in East New York.
What is the zoning at 1350 Pennsylvania Avenue?
The lot is in the C4-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.31 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 1350 Pennsylvania Avenue?
The closest subway station to 1350 Pennsylvania Avenue is East 105 St (the L train), about 0.9 miles away in a straight line, roughly 18 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 1350 Pennsylvania Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists BSC RETAIL OWNER LLC as the owner of record of 1350 Pennsylvania Avenue (BBL 3044520015). 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.
When was 1350 Pennsylvania Avenue last sold?
1350 Pennsylvania Avenue last sold in May 2018 for $35 million, according to the deed recorded with the city. SPRING CREEK PLAZA, LLC sold it to BSC RETAIL OWNER LLC. That comes to about $332 per square foot of floor area. The deed is ACRIS document 2018050400849001 (BBL 3044520015) 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.
Does 1350 Pennsylvania Avenue have an energy grade?
1350 Pennsylvania Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the meters entered cannot produce a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. The filing covers 15 tax lots together, so these figures are for the whole property.
Is there construction at 1350 Pennsylvania Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 1350 Pennsylvania Avenue. In the last two years, interior work was permitted on one floor (floor 1 and the ground floor). The newest build-out, on the ground floor, was first permitted in April 2026 (construction, mechanical; filed cost estimate $200,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3044520015. 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 1350 Pennsylvania Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.7 million for 1350 Pennsylvania Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.27 million a year, roughly $12.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3044520015 show the actual bill.
What is the assessed value of 1350 Pennsylvania Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1350 Pennsylvania Avenue at $27.3 million ($10.3 million of it land) and its assessed value at $12.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($24.2 million) to 2026/27.
Are there vacant storefronts at 1350 Pennsylvania Avenue?
Owners registered 24 storefronts at 1350 Pennsylvania Avenue for December 31, 2024, the newest annual filing the city has published, and 2 of them stood vacant that day. 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.
Is there retail space for lease at 1350 Pennsylvania Avenue?
No space at 1350 Pennsylvania 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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