Warehouse · East New York, Brooklyn
1970 Pitkin Avenue
Brooklyn, NY 11207
1970 Pitkin Avenue is a 1-floor warehouse in East New York, Brooklyn, built in 1989, with about 70,000 square feet of industrial and storage space according to city records.
Also at 269-287 Belmont Avenue, 169-215 Hinsdale Street, 1958-1980 Pitkin Avenue and 200-246 Williams Avenue.
- Industrial and storage space
- 70K SF
- Floors
- 1
- Year built
- 1989
- Zoning
- M1-4
The 13th largest of the 22 industrial and storage buildings we track in East New York. Compare it with 6 neighbors
No space at 1970 Pitkin 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 1970 Pitkin Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 9 minute walk, 1970 Pitkin Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1989; the median neighbor dates from 2006. Its estimated property tax, about $7.96 a square foot of floor area before abatements, is above the neighbors' median of $5.18.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 1970 Pitkin Avenue | 70K SF | 1 | 1989 | $7.96 | Sep 2017, $16.2M |
| 330 Belmont Avenue | 65K SF | 3 | 1930 | $3.48 | n/a |
| 2047 Pitkin Avenue | 63K SF | 4 | 2006 | $4.24 | Nov 2011, $15.5M |
| 300 Sheffield Avenue | 105K SF | 5 | 1930 | $6.24 | Jan 2022, $31.4M |
| 189 Pennsylvania Avenue | 70K SF | 4 | 2016 | $6.96 | n/a |
| 1690 East New York Avenue | 62K SF | 4 | 2019 | $6.12 | Jan 2026, $30.2M |
| 1648 East New York Avenue | 62K SF | 3 | 2007 | $3.54 | 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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 269-287 Belmont Avenue; 169-215 Hinsdale Street; 1958-1980 Pitkin Avenue; 200-246 Williams Avenue
- ZIP code
- 11207
- Building type
- Warehouse (city class E1)
- Total floor area
- 70,000 SF
- Commercial floor area
- 70,000 SF
- Industrial and storage
- 70,000 SF
- Height
- 1 floor
- Year built
- 1989
- Lot area
- 80,000 SF
- Zoning district
- M1-4
- Built FAR
- 0.88
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3037330001
Nearest subway
- Sutter Av
- Liberty Av
- Atlantic Av
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists SPG PITKIN AVE LLC as the owner of record. For tax year 2026/27 the city values 1970 Pitkin Avenue at $11.8 million and assesses it at $5.33 million. After phase-ins and exemptions its taxable value is $5.14 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 $557,452 a year before abatements, roughly $7.96 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
- SPG PITKIN AVE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $11,845,000
- Land market value
- $1,440,000
- Assessed value
- $5,330,250
- Taxable value (phased in)
- $5,138,750
- Estimated yearly tax
- About $557,452
- Tax per SF of floor area
- About $7.96
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
1970 Pitkin Avenue last sold in September 2017 for $16.2 million, according to the deed recorded with the city. MARET REALTY LLC sold it to SPG PITKIN AVE LLC. That comes to about $231 per square foot of floor area.
- Last sale (deed date)
- September 7, 2017
- Price
- $16,200,000
- Price per SF of floor area
- About $231
- Seller
- MARET REALTY LLC
- Buyer
- SPG PITKIN AVE LLC
- Deed recorded
- October 3, 2017
- ACRIS document
- 2017091200623001
Recorded sales
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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 1970 Pitkin Avenue in the 12 months to October 2026; the last one was first permitted in August 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1 and the open space, was first permitted in August 2025 (construction; filed cost estimate $713,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1
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 1970 Pitkin Avenue
How big is 1970 Pitkin Avenue?
1970 Pitkin Avenue has about 70,000 square feet of floor area in total, including 70,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 1970 Pitkin Avenue built?
City records list 1989 as the year built. The building is 1 floor tall.
What other addresses does 1970 Pitkin Avenue have?
City records list 269-287 Belmont Avenue, 169-215 Hinsdale Street, 1958-1980 Pitkin Avenue and 200-246 Williams Avenue on the same tax lot (BBL 3037330001) as 1970 Pitkin Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 1970 Pitkin Avenue?
1970 Pitkin Avenue is in ZIP code 11207, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 1970 Pitkin Avenue, Brooklyn, NY 11207, in East New York.
What is the zoning at 1970 Pitkin Avenue?
The lot is in the M1-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.88 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 1970 Pitkin Avenue?
The closest subway station to 1970 Pitkin Avenue is Sutter Av (the L train), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Liberty Av (the C train), 6 min walk; Atlantic Av (the L train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 1970 Pitkin Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists SPG PITKIN AVE LLC as the owner of record of 1970 Pitkin Avenue (BBL 3037330001). 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 1970 Pitkin Avenue last sold?
1970 Pitkin Avenue last sold in September 2017 for $16.2 million, according to the deed recorded with the city. MARET REALTY LLC sold it to SPG PITKIN AVE LLC. That comes to about $231 per square foot of floor area. The deed is ACRIS document 2017091200623001 (BBL 3037330001) 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.
Is there construction at 1970 Pitkin Avenue?
The Department of Buildings issued no permits for new jobs at 1970 Pitkin Avenue in the 12 months to October 2026; the last one was first permitted in August 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1 and the open space, was first permitted in August 2025 (construction; filed cost estimate $713,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3037330001. 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 1970 Pitkin Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.14 million for 1970 Pitkin Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $557,452 a year, roughly $7.96 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3037330001 show the actual bill.
What is the assessed value of 1970 Pitkin Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 1970 Pitkin Avenue at $11.8 million ($1.44 million of it land) and its assessed value at $5.33 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4% from 2022/23 ($11.4 million) to 2026/27.
Is there industrial and storage space for lease at 1970 Pitkin Avenue?
No space at 1970 Pitkin 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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