Office building · Downtown Brooklyn, Brooklyn

157 Flatbush Avenue Ext

Brooklyn, NY 11201

157 Flatbush Avenue Ext is a 7-floor office building in Downtown Brooklyn, Brooklyn, built in 1993, with about 141,000 square feet of office space according to city records.

Also at 265-293 Bridge Street, 11 Metrotech Center, 127-137 Tech Place and 112 Tillary Street.

Office space
141K SF
Floors
7
Year built
1993
Zoning
C6-1A

Office space next to its nearest neighbors

  1. 303 Bridge Street1 min walk331K SF
  2. 157 Flatbush Avenue ExtThis building141K SF
  3. 132 Flatbush Avenue Ext1 min walk93K SF
  4. 131 Flatbush Avenue Ext1 min walk52K SF

The 33rd 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 157 Flatbush Avenue Ext compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 157 Flatbush Avenue Ext ranks 4th 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.

157 Flatbush Avenue Ext and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
157 Flatbush Avenue ExtThis building141K SF71993Exempt
132 Flatbush Avenue Ext1 min walk93K SF51993Exempt
303 Bridge Street1 min walk331K SF81996Exempt
131 Flatbush Avenue Ext1 min walk52K SF61924$10.67
115 Myrtle Avenue2 min walk622K SF192002Exempt
325 Gold Street2 min walk44K SF71920$8.20
339 Bridge Street3 min walk404K SF101990$9.77
The 33rd 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

Other addresses
265-293 Bridge Street; 11 Metrotech Center; 127-137 Tech Place; 112 Tillary Street
ZIP code
11201
Building type
Office building (city class O3)
Total floor area
141,000 SF
Commercial floor area
141,000 SF
Office
141,000 SF
Height
7 floors
Average floor
About 20,100 SF (floor area divided by floors)
Year built
1993
Lot area
28,950 SF
Zoning district
C6-1A
Built FAR
4.87
Max commercial FAR
6
Tax lot (BBL)
3001320001

Nearest subway

  • Jay St-MetroTech5 min walk · Accessible station
  • Borough Hall6 min walk · Accessible station · connects to Court St
  • Hoyt St7 min walk · Partly accessible

Nearby large buildings

All 10 large office buildings on Bridge Street

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 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 157 Flatbush Avenue Ext at $49.8 million and assesses it at $22.4 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
$49,817,000
Land market value
$2,870,000
Assessed value
$22,417,650
Exemptions
$22,417,650
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$49.1 million
  • 2023/24$53.2 million
  • 2024/25$45.1 million
  • 2025/26$49.4 million
  • 2026/27$49.8 million

Market value rose 2% from 2022/23 ($49.1 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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NYC energy benchmarking (Local Law 84)

Energy use and emissions

157 Flatbush Avenue Ext'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 344.2 kBtu per square foot. Its greenhouse gas emissions were about 9,867 metric tons of CO2e (37.89 kg per square foot). The filing covers 3 tax lots together, so these figures are for the whole property.

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Data Center
Site energy use intensity
344.2 kBtu/SF
Greenhouse gas emissions
9,867 t CO2e
Emissions per SF
37.89 kg CO2e
Floor area in the filing
260,405 SF
Tax lots in the filing
3

ENERGY STAR score by year

  • 20221 (D)
  • 20231 (D)

Energy sources in 2024

  • Electricity92%
  • Natural gas8%

Share of the energy used on site, as filed.

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 3 tax lots), 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.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 157 Flatbush Avenue Ext in the 12 months to October 2026; the last one was first permitted in March 2025. In the last two years, interior work was permitted on the penthouse. The newest build-out, on the penthouse and the roof, was first permitted in March 2025 (sprinklers; filed cost estimate $20,000).

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
March 2025
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
Penthouse

Recent build-outs

  • Penthouse, roofMarch 2025Sprinklers; est. $20,000; signed off

New jobs by year

  • 20216
  • 20220
  • 20230
  • 20243
  • 20251
  • 2026 to date0

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.

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Questions about 157 Flatbush Avenue Ext

How big is 157 Flatbush Avenue Ext?

157 Flatbush Avenue Ext has about 141,000 square feet of floor area in total, including 141,000 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 157 Flatbush Avenue Ext built?

City records list 1993 as the year built. The building is 7 floors tall.

What other addresses does 157 Flatbush Avenue Ext have?

City records list 265-293 Bridge Street, 11 Metrotech Center, 127-137 Tech Place and 112 Tillary Street on the same tax lot (BBL 3001320001) as 157 Flatbush Avenue Ext. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 157 Flatbush Avenue Ext?

157 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 157 Flatbush Avenue Ext, Brooklyn, NY 11201, in Downtown Brooklyn.

What is the zoning at 157 Flatbush Avenue Ext?

The lot is in the C6-1A zoning district. PLUTO lists a built floor area ratio (FAR) of 4.87 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 157 Flatbush Avenue Ext?

The closest subway station to 157 Flatbush Avenue Ext is Jay St-MetroTech (the A, C, F and R trains), about 0.2 miles away in a straight line, roughly 5 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 157 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 157 Flatbush Avenue Ext (BBL 3001320001). 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.

Does 157 Flatbush Avenue Ext have an energy grade?

157 Flatbush Avenue Ext'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 344.2 kBtu per square foot. Its greenhouse gas emissions were about 9,867 metric tons of CO2e (37.89 kg per square foot). The filing covers 3 tax lots together, so these figures are for the whole property.

Is there construction at 157 Flatbush Avenue Ext?

The Department of Buildings issued no permits for new jobs at 157 Flatbush Avenue Ext in the 12 months to October 2026; the last one was first permitted in March 2025. In the last two years, interior work was permitted on the penthouse. The newest build-out, on the penthouse and the roof, was first permitted in March 2025 (sprinklers; filed cost estimate $20,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3001320001. 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 157 Flatbush Avenue Ext?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 157 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 3001320001 show what is actually billed.

What is the assessed value of 157 Flatbush Avenue Ext?

For tax year 2026/27, the NYC Department of Finance puts the market value of 157 Flatbush Avenue Ext at $49.8 million ($2.87 million of it land) and its assessed value at $22.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($49.1 million) to 2026/27.

Is there office space for lease at 157 Flatbush Avenue Ext?

No space at 157 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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