Office building with commercial space · Downtown Brooklyn, Brooklyn

175 Remsen Street

Brooklyn, NY 11201

175 Remsen Street is a 12-floor office building with commercial space in Downtown Brooklyn, Brooklyn, built in 1962, with about 123,000 square feet of office space according to city records.

Office space
123K SF
Floors
12
Year built
1962
Zoning
C5-2A

Office space next to its nearest neighbors

  1. Court and Remsen Building1 min walk280K SF
  2. Montague-Court Building1 min walk275K SF
  3. 175 Remsen StreetThis building123K SF
  4. 188 Montague Street1 min walk41K SF

The 35th 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 175 Remsen Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 175 Remsen Street ranks 4th of 7 by office floor area. Built in 1962, it is the newest of them. Its estimated property tax, about $10.31 a square foot of floor area before abatements, is below the neighbors' median of $11.71.

175 Remsen Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
175 Remsen StreetThis building123K SF121962$10.31n/a
188 Montague Street1 min walk41K SF111924$10.11Jun 2026, $16.8M
Court and Remsen Building, 26 Court Street1 min walk280K SF291926$11.71n/a
Montague-Court Building, 16 Court Street1 min walk275K SF371927$11.88Oct 2017, $171M
32 Court Street1 min walk104K SF231918$11.59n/a
Central Building, 191 Joralemon Street1 min walk77K SF141925ExemptApr 2011, $12.3M
Temple Bar Building, 44 Court Street1 min walk131K SF121901$14.48n/a
The 35th 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); 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

ZIP code
11201
Building type
Office building with commercial space (city class O6)
Total floor area
129,520 SF
Commercial floor area
129,520 SF
Office
122,620 SF
Retail
6,900 SF
Height
12 floors
Average floor
About 10,800 SF (floor area divided by floors)
Year built
1962
Last major alteration
2009
Lot area
10,650 SF
Zoning district
C5-2A
Built FAR
12.16
Max commercial FAR
10
Historic district
Borough Hall Skyscraper Historic District
Tax lot (BBL)
3002500007

Nearest subway

  • Court St1 min walk · Not accessible · connects to Borough Hall
  • Jay St-MetroTech5 min walk · Accessible station
  • Clark St6 min walk · Not 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 175 REMSEN OWNER TIC 1 LLC as the owner of record. For tax year 2026/27 the city values 175 Remsen Street at $29 million and assesses it at $13.1 million. After phase-ins and exemptions its taxable value is $12.3 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 $1.34 million a year before abatements, roughly $10.31 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
175 REMSEN OWNER TIC 1 LLC
Tax class
Class 4 (commercial and industrial)
City market value
$29,016,000
Land market value
$2,120,000
Assessed value
$13,057,200
Taxable value (phased in)
$12,312,810
Estimated yearly tax
About $1.34 million
Tax per SF of floor area
About $10.31

City market value by tax year

  • 2022/23$25.2 million
  • 2023/24$25.3 million
  • 2024/25$28.8 million
  • 2025/26$28.5 million
  • 2026/27$29 million

Market value rose 15% from 2022/23 ($25.2 million) to 2026/27.

How Downtown Brooklyn compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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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; 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.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

175 Remsen Street reported an ENERGY STAR score of 73 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 74.4 kBtu per square foot, 29% below the national median of 104.9 for a similar property. Its greenhouse gas emissions were about 845 metric tons of CO2e (6.52 kg per square foot).

ENERGY STAR score (2024)
73 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
74.4 kBtu/SF
National median for the type
104.9 kBtu/SF
Greenhouse gas emissions
845 t CO2e
Emissions per SF
6.52 kg CO2e
Floor area in the filing
129,520 SF

ENERGY STAR score by year

  • 202273 (B)
  • 202473 (B)

Energy sources in 2024

  • Electricity56%
  • Natural gas44%

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), 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. 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, 175 Remsen Street comes to about 681 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 982 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 344 tons and the same energy use counts as about 455 tons, about 111 tons over, or an estimated $30,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
982 t CO2e
Estimated emissions
681 t CO2e
Under the limit by
300 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
344 t CO2e
Estimated emissions
455 t CO2e
Over the limit by
111 t CO2e
Estimated penalty a year
$30,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 122,620 SF; Retail Store 6,900 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

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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 5 jobs at 175 Remsen Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in August 2026 (plumbing, sprinklers; filed cost estimate $100,000). A sidewalk shed permit here is active until March 13, 2027.

New jobs, last 12 months
5
Initial permits, last 12 months
8
Newest job first permitted
September 2026
Interior build-outs, last 24 months
3
Floors with interior work, last 24 months
1 to 3, cellar
Facade and sidewalk jobs, last 24 months
2
Sidewalk shed permit
Active until Mar 13, 2027

Recent build-outs

  • Floor 1, cellarAugust 2026Plumbing, Sprinklers; 2 jobs; est. $100,000
  • Floors 1 to 3November 2025Mechanical; est. $45,000
  • Floor 1July 2025Construction, Plumbing, Sprinklers; 2 jobs; est. $550,000

New jobs by year

  • 20211
  • 20220
  • 20231
  • 20241
  • 20253
  • 2026 to date4

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.

Landmarks Preservation Commission records

Architecture and history

175 Remsen Street was designed by Philip Birnbaum and built in 1960-1962 in the Modern style. It stands in the Borough Hall Skyscraper Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
Philip Birnbaum
Constructed
1960-1962
Style
Modern
Primary material
Aluminum
Built as
Commercial building

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

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Questions about 175 Remsen Street

How big is 175 Remsen Street?

175 Remsen Street has about 130,000 square feet of floor area in total, including 123,000 square feet of office and 7,000 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 175 Remsen Street built?

The Landmarks Preservation Commission's building records date 175 Remsen Street to 1960-1962, designed by Philip Birnbaum. The building is 12 floors tall.

Who designed 175 Remsen Street?

Philip Birnbaum, according to the Landmarks Preservation Commission's building records, which list the style as Modern and its original use as a commercial building.

What is the ZIP code of 175 Remsen Street?

175 Remsen Street 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 175 Remsen Street, Brooklyn, NY 11201, in Downtown Brooklyn.

What is the zoning at 175 Remsen Street?

The lot is in the C5-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 12.16 and a maximum commercial FAR of 10 for this lot. It is inside the Borough Hall Skyscraper Historic District, so exterior changes go through the Landmarks Preservation Commission.

What subway station is closest to 175 Remsen Street?

The closest subway station to 175 Remsen Street is Court St (the R, 2, 3, 4 and 5 trains, connected to Borough Hall), about 250 feet away in a straight line, roughly 1 minute on foot. Also nearby: Jay St-MetroTech (the A, C, F and R trains), 5 min walk; Clark St (the 2 and 3 trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 175 Remsen Street?

The NYC Department of Finance's 2026/27 assessment roll lists 175 REMSEN OWNER TIC 1 LLC as the owner of record of 175 Remsen Street (BBL 3002500007). 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 is the energy grade of 175 Remsen Street?

175 Remsen Street reported an ENERGY STAR score of 73 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 73 earns a B. 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 74.4 kBtu per square foot, 29% below the national median of 104.9 for a similar property. Its greenhouse gas emissions were about 845 metric tons of CO2e (6.52 kg per square foot).

Does 175 Remsen Street meet Local Law 97?

At its 2024 energy use, 175 Remsen Street comes to about 681 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 982 tons for 2024 to 2029 (69% of the limit), so it would owe no penalty. From 2030 the limit drops to 344 tons and the same energy use counts as about 455 tons, about 111 tons over, or an estimated $30,000 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.

Is there construction at 175 Remsen Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 175 Remsen Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in August 2026 (plumbing, sprinklers; filed cost estimate $100,000). A sidewalk shed permit here is active until March 13, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 3002500007. 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 175 Remsen Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.3 million for 175 Remsen Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.34 million a year, roughly $10.31 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3002500007 show the actual bill.

What is the assessed value of 175 Remsen Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 175 Remsen Street at $29 million ($2.12 million of it land) and its assessed value at $13.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($25.2 million) to 2026/27.

Is there office space for lease at 175 Remsen Street?

No space at 175 Remsen Street 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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