Office building with commercial space · Downtown Brooklyn, Brooklyn
240 Livingston Street
Brooklyn, NY 11201
240 Livingston Street is a 12-floor office building with commercial space in Downtown Brooklyn, Brooklyn, built in 1920, with about 259,000 square feet of office space according to city records.
Also at 240-252 Livingston Street and 227-243 Schermerhorn Street.
- Office space
- 259K SF
- Floors
- 12
- Year built
- 1920
- Zoning
- C6-4
The 24th largest of the 63 office buildings we track in Downtown Brooklyn. Compare it with 6 neighbors
No space at 240 Livingston Street 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 Downtown Brooklyn and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 240 Livingston Street compares
Next to the 6 nearest large office buildings, all within a 3 minute walk, 240 Livingston Street is the largest by office floor area. It went up in 1920; the median neighbor dates from 1920. Its estimated property tax, about $11.73 a square foot of floor area before abatements, is above the neighbors' median of $6.69.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 240 Livingston Street | 259K SF | 12 | 1920 | $11.73 |
| 250 Schermerhorn Street | 65K SF | 6 | 1964 | Exempt |
| 25 Elm Place | 115K SF | 6 | 1920 | $5.55 |
| 498 Fulton Street | 68K SF | 7 | 1920 | $10.73 |
| 285 Schermerhorn Street | 104K SF | 7 | 1926 | $5.58 |
| 422 Fulton Street | 195K SF | 12 | 1920 | $8.57 |
| 180 Livingston Street | 242K SF | 6 | 1900 | $6.69 |
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
- 240-252 Livingston Street; 227-243 Schermerhorn Street
- ZIP code
- 11201
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 306,853 SF
- Commercial floor area
- 266,853 SF
- Office
- 259,124 SF
- Retail
- 1,200 SF
- Industrial and storage
- 6,529 SF
- Height
- 12 floors
- Average floor
- About 25,600 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 2009
- Apartments
- 36
- Lot area
- 29,707 SF
- Zoning district
- C6-4
- Built FAR
- 10.33
- Max commercial FAR
- 10
- Tax lot (BBL)
- 3001650022
Nearest subway
- Hoyt-Schermerhorn Sts
- Hoyt St
- DeKalb Av
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 one storefront at 240 Livingston Street for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across Downtown Brooklyn
- 12.4%
- Share vacant along Livingston Street
- 14.5%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Downtown Brooklyn? Get matchedNYC storefront vacancy report
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 250 LIVINGSTON OWNER LLC as the owner of record. For tax year 2026/27 the city values 240 Livingston Street at $78 million and assesses it at $35.1 million. After phase-ins and exemptions its taxable value is $33.2 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 $3.6 million a year before abatements, roughly $11.73 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
- 250 LIVINGSTON OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $78,038,000
- Land market value
- $2,580,000
- Assessed value
- $35,117,100
- Taxable value (phased in)
- $33,186,330
- Estimated yearly tax
- About $3.6 million
- Tax per SF of floor area
- About $11.73
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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.
Own or manage 240 Livingston Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 240 Livingston Street in the 12 months to October 2026; the last one was first permitted in September 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Downtown BrooklynWhere NYC offices are being built out
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 office space listed in Downtown Brooklyn yet
Own or broker space at 240 Livingston Street? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
TI allowance calculator
A landlord's build-out allowance in dollars, what it covers of your budget and what the rest adds to the rent.
Questions about 240 Livingston Street
How big is 240 Livingston Street?
240 Livingston Street has about 307,000 square feet of floor area in total, including 259,000 square feet of office, 1,000 square feet of retail and 7,000 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 240 Livingston Street built?
City records list 1920 as the year built, with a major alteration recorded in 2009. The building is 12 floors tall.
What other addresses does 240 Livingston Street have?
City records list 240-252 Livingston Street and 227-243 Schermerhorn Street on the same tax lot (BBL 3001650022) as 240 Livingston Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 240 Livingston Street?
240 Livingston 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 240 Livingston Street, Brooklyn, NY 11201, in Downtown Brooklyn.
What is the zoning at 240 Livingston Street?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.33 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 240 Livingston Street?
The closest subway station to 240 Livingston Street is Hoyt-Schermerhorn Sts (the A, C and G trains), about 150 feet away in a straight line, roughly 1 minute on foot. Also nearby: Hoyt St (the 2 and 3 trains), 3 min walk; DeKalb Av (the B, Q and R trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 240 Livingston Street?
The NYC Department of Finance's 2026/27 assessment roll lists 250 LIVINGSTON OWNER LLC as the owner of record of 240 Livingston Street (BBL 3001650022). 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.
Is there construction at 240 Livingston Street?
The Department of Buildings issued no permits for new jobs at 240 Livingston Street in the 12 months to October 2026; the last one was first permitted in September 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3001650022. 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 240 Livingston Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $33.2 million for 240 Livingston Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.6 million a year, roughly $11.73 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3001650022 show the actual bill.
What is the assessed value of 240 Livingston Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 240 Livingston Street at $78 million ($2.58 million of it land) and its assessed value at $35.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($61.8 million) to 2026/27.
Are there vacant storefronts at 240 Livingston Street?
Owners registered one storefront at 240 Livingston Street for December 31, 2025, the newest annual filing the city has published, and it was not 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 office space for lease at 240 Livingston Street?
No space at 240 Livingston 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Downtown Brooklyn
Transit hubs in Downtown Brooklyn
- 2 3 4 5 at Borough Hall
- A C F R at Jay St-MetroTech
- B Q R at DeKalb Av
- 2 3 4 5 B D N Q R at Atlantic Av-Barclays Ctr