Shopping center · Sheepshead Bay, Brooklyn

2027 Emmons Avenue

Brooklyn, NY 11235

2027 Emmons Avenue is a 2-floor shopping center in Sheepshead Bay, Brooklyn, built in 1996, with about 62,000 square feet of retail space according to city records.

Also at 2789-2807 East 21st Street and 3480 Shore Parkway.

Retail space
62K SF
Floors
2
Year built
1996
Zoning
R5

Retail space next to its nearest neighbors

  1. 2027 Emmons AvenueThis building62K SF
  2. 1702 Avenue Y10 min walk58K SF
  3. 3078 Ocean Avenue3 min walk47K SF
  4. F.W.I.L. Lundy Brothers Restaurant Building2 min walk47K SF

The 2nd largest of the 6 retail buildings we track in Sheepshead Bay. Compare it with 5 neighbors

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Compared with its neighbors

How 2027 Emmons Avenue compares

Next to the 5 nearest large retail buildings, all within a 12 minute walk, 2027 Emmons Avenue ranks 2nd of 6 by retail floor area. Built in 1996, it is the newest of them. Its estimated property tax, about $5.73 a square foot of floor area before abatements, is below the neighbors' median of $10.59.

2027 Emmons Avenue and the 5 nearest large retail buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingRetail spaceFloorsBuiltTax / SFLast sale
2027 Emmons AvenueThis building62K SF21996$5.73n/a
F.W.I.L. Lundy Brothers Restaurant Building, 1901 Emmons Avenue2 min walk47K SF31934$8.60n/a
3078 Ocean Avenue3 min walk47K SF11971$10.59May 2010, $10M
1702 Avenue Y10 min walk58K SF11992$10.40Dec 2011, $28.5M
3860 Nostrand Avenue11 min walk37K SF21959$11.09Aug 2019, $27.6M
3861 Nostrand Avenue12 min walk81K SF11960$11.55Dec 2018, $38.3M
The 2nd largest of the 6 retail buildings we track in Sheepshead Bay: 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

Other addresses
2789-2807 East 21st Street; 3480 Shore Parkway
ZIP code
11235
Building type
Shopping center (city class K6)
Total floor area
120,126 SF
Commercial floor area
120,126 SF
Retail
62,479 SF
Height
2 floors
Year built
1996
Lot area
46,133 SF
Zoning district
R5
Built FAR
2.6
Tax lot (BBL)
3087790053

Nearest subway

  • Sheepshead Bay9 min walk · Accessible station

Nearby large buildings

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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 10 storefronts at 2027 Emmons Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
10
Vacant that day
0
Share vacant here
0.0%
Share vacant across Sheepshead Bay
9.9%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 2019None registered
  • 2020None registered
  • 2021None registered
  • 20223 of 10
  • 20232 of 10
  • 20240 of 10
  • 20250 of 10

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 2027 LLC as the owner of record. For tax year 2026/27 the city values 2027 Emmons Avenue at $15.6 million and assesses it at $7.02 million. After phase-ins and exemptions its taxable value is $6.35 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 $688,472 a year before abatements, roughly $5.73 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
2027 LLC
Tax class
Class 4 (commercial and industrial)
City market value
$15,595,000
Land market value
$1,085,000
Assessed value
$7,017,750
Taxable value (phased in)
$6,346,530
Estimated yearly tax
About $688,472
Tax per SF of floor area
About $5.73

City market value by tax year

  • 2022/23$304,000
  • 2023/24$427,000
  • 2024/25$15.1 million
  • 2025/26$15.1 million
  • 2026/27$15.6 million

Market value rose 5030% from 2022/23 ($304,000) to 2026/27.

How Sheepshead Bay 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 use and emissions

2027 Emmons Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, 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 39.5 kBtu per square foot, 8% below the national median of 42.9 for a similar property. Its greenhouse gas emissions were about 546 metric tons of CO2e (4.55 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Retail Store
Site energy use intensity
39.5 kBtu/SF
National median for the type
42.9 kBtu/SF
Greenhouse gas emissions
546 t CO2e
Emissions per SF
4.55 kg CO2e
Floor area in the filing
120,126 SF

Energy sources in 2024

  • Electricity100%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 2027 Emmons Avenue comes to about 402 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 911 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 253 tons and the same energy use counts as about 202 tons, still under the limit.

Period
2024 to 2029
Emissions limit
911 t CO2e
Estimated emissions
402 t CO2e
Under the limit by
509 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
253 t CO2e
Estimated emissions
202 t CO2e
Under the limit by
51 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Retail Store 120,126 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.

Own or manage 2027 Emmons Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 2027 Emmons Avenue in the 12 months to October 2026; the last one was first permitted in May 2023.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
May 2023
Interior build-outs, last 24 months
0

New jobs by year

  • 20212
  • 20221
  • 20231
  • 20240
  • 20250
  • 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.

No retail space listed in Sheepshead Bay yet

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Questions about 2027 Emmons Avenue

How big is 2027 Emmons Avenue?

2027 Emmons Avenue has about 120,000 square feet of floor area in total, including 62,000 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 2027 Emmons Avenue built?

City records list 1996 as the year built. The building is 2 floors tall.

What other addresses does 2027 Emmons Avenue have?

City records list 2789-2807 East 21st Street and 3480 Shore Parkway on the same tax lot (BBL 3087790053) as 2027 Emmons Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 2027 Emmons Avenue?

2027 Emmons Avenue is in ZIP code 11235, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 2027 Emmons Avenue, Brooklyn, NY 11235, in Sheepshead Bay.

What is the zoning at 2027 Emmons Avenue?

The lot is in the R5 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.6 for this lot.

What subway station is closest to 2027 Emmons Avenue?

The closest subway station to 2027 Emmons Avenue is Sheepshead Bay (the B and Q trains), about 0.4 miles away in a straight line, roughly 9 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.

Who owns 2027 Emmons Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 2027 LLC as the owner of record of 2027 Emmons Avenue (BBL 3087790053). 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 2027 Emmons Avenue have an energy grade?

2027 Emmons Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, 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 39.5 kBtu per square foot, 8% below the national median of 42.9 for a similar property. Its greenhouse gas emissions were about 546 metric tons of CO2e (4.55 kg per square foot).

Does 2027 Emmons Avenue meet Local Law 97?

At its 2024 energy use, 2027 Emmons Avenue comes to about 402 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 911 tons for 2024 to 2029 (44% of the limit), so it would owe no penalty. From 2030 the limit drops to 253 tons and the same energy use counts as about 202 tons, still under the limit. 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 2027 Emmons Avenue?

The Department of Buildings issued no permits for new jobs at 2027 Emmons Avenue in the 12 months to October 2026; the last one was first permitted in May 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 3087790053. 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 2027 Emmons Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.35 million for 2027 Emmons Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $688,472 a year, roughly $5.73 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3087790053 show the actual bill.

What is the assessed value of 2027 Emmons Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 2027 Emmons Avenue at $15.6 million ($1.08 million of it land) and its assessed value at $7.02 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5030% from 2022/23 ($304,000) to 2026/27.

Are there vacant storefronts at 2027 Emmons Avenue?

Owners registered 10 storefronts at 2027 Emmons Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there retail space for lease at 2027 Emmons Avenue?

No space at 2027 Emmons Avenue is listed on Leasemark right now. Nearby on Leasemark: retail space for lease at 1605 McDonald Ave in Midwood (1,000 SF, $48/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

2,723 buildings from city records

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