Factory and industrial building · Bushwick, Brooklyn
246 Meserole Street
Brooklyn, NY 11206
246 Meserole Street is a 3-floor factory and industrial building in Bushwick, Brooklyn, built in 1920, with about 72,000 square feet of industrial and storage space according to city records.
Also at 1-23 Bushwick Place and 246-258 Meserole Street.
- Industrial and storage space
- 72K SF
- Floors
- 3
- Year built
- 1920
- Zoning
- M1-1
The 22nd largest of the 52 industrial and storage buildings we track in Bushwick. Compare it with 6 neighbors
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Compared with its neighbors
How 246 Meserole Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 246 Meserole Street ranks 3rd of 7 by industrial and storage floor area. It went up in 1920; the median neighbor dates from 1948. Its estimated property tax, about $2.55 a square foot of floor area before abatements, is below the neighbors' median of $3.36.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 246 Meserole Street | 72K SF | 3 | 1920 | $2.55 | Oct 2014, $12.5M |
| 249 Mc Kibbin Street | 72K SF | 3 | 1931 | $1.72 | n/a |
| 350 Meserole Street | 40K SF | 1 | 1966 | $6.87 | n/a |
| 100 Bogart Street | 55K SF | 6 | 2016 | $4.58 | n/a |
| 121 Morgan Avenue | 45K SF | 2 | 1920 | $7.91 | Dec 2020, $18.2M |
| 361 Stagg Street | 79K SF | 4 | 1930 | $0.77 | Sep 2005, $6.4M |
| 916 Grand Street | 55K SF | 3 | 2010 | $2.15 | 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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1-23 Bushwick Place; 246-258 Meserole Street
- ZIP code
- 11206
- Building type
- Factory and industrial building (city class F5)
- Total floor area
- 71,500 SF
- Commercial floor area
- 71,500 SF
- Industrial and storage
- 71,500 SF
- Height
- 3 floors
- Average floor
- About 23,800 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 2010
- Lot area
- 36,336 SF
- Zoning district
- M1-1
- Built FAR
- 1.97
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3030560074
Nearest subway
- Montrose Av
- Grand St
- Morgan 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 7 BUSHWICK PLACE ASSOCIATES LLC as the owner of record. For tax year 2026/27 the city values 246 Meserole Street at $6.59 million and assesses it at $2.96 million. After phase-ins and exemptions its taxable value is $1.68 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 $182,640 a year before abatements, roughly $2.55 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
- 7 BUSHWICK PLACE ASSOCIATES LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $6,586,000
- Land market value
- $1,090,000
- Assessed value
- $2,963,700
- Taxable value (phased in)
- $2,586,780
- Exemptions
- $903,150
- Estimated yearly tax
- About $182,640
- Tax per SF of floor area
- About $2.55
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.
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NYC property records (ACRIS)
Sales history
246 Meserole Street last sold in October 2014 for $12.5 million, according to the deed recorded with the city. BOERUM DEVELOPMENT L.L.C. sold it to 7 BUSHWICK PLACE ASSOCIATES LLC. That comes to about $175 per square foot of floor area.
- Last sale (deed date)
- October 30, 2014
- Price
- $12,500,000
- Price per SF of floor area
- About $175
- Seller
- BOERUM DEVELOPMENT L.L.C.
- Buyer
- 7 BUSHWICK PLACE ASSOCIATES LLC
- Deed recorded
- November 21, 2014
- ACRIS document
- 2014110600124001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 246 Meserole Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3, the cellar and the ground floor). The newest build-out, on the ground floor, was first permitted in October 2026 (construction, structural; filed cost estimate $40,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 5
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1 to 3, cellar, ground floor
Recent build-outs
New jobs by year
Build-outs across BushwickWhere 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 industrial and storage space listed in Bushwick yet
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Before you sign
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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.
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Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 246 Meserole Street
How big is 246 Meserole Street?
246 Meserole Street has about 72,000 square feet of floor area in total, including 72,000 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 246 Meserole Street built?
City records list 1920 as the year built, with a major alteration recorded in 2010. The building is 3 floors tall.
What other addresses does 246 Meserole Street have?
City records list 1-23 Bushwick Place and 246-258 Meserole Street on the same tax lot (BBL 3030560074) as 246 Meserole Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 246 Meserole Street?
246 Meserole Street is in ZIP code 11206, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 246 Meserole Street, Brooklyn, NY 11206, in Bushwick.
What is the zoning at 246 Meserole Street?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.97 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 246 Meserole Street?
The closest subway station to 246 Meserole Street is Montrose Av (the L train), about 450 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Grand St (the L train), 6 min walk; Morgan Av (the L train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 246 Meserole Street?
The NYC Department of Finance's 2026/27 assessment roll lists 7 BUSHWICK PLACE ASSOCIATES LLC as the owner of record of 246 Meserole Street (BBL 3030560074). 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 246 Meserole Street last sold?
246 Meserole Street last sold in October 2014 for $12.5 million, according to the deed recorded with the city. BOERUM DEVELOPMENT L.L.C. sold it to 7 BUSHWICK PLACE ASSOCIATES LLC. That comes to about $175 per square foot of floor area. The deed is ACRIS document 2014110600124001 (BBL 3030560074) 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 246 Meserole Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 246 Meserole Street. In the last two years, interior work was permitted on 3 floors (floors 1 to 3, the cellar and the ground floor). The newest build-out, on the ground floor, was first permitted in October 2026 (construction, structural; filed cost estimate $40,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3030560074. 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 246 Meserole Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.68 million for 246 Meserole Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $182,640 a year, roughly $2.55 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3030560074 show the actual bill.
What is the assessed value of 246 Meserole Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 246 Meserole Street at $6.59 million ($1.09 million of it land) and its assessed value at $2.96 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 32% from 2022/23 ($4.98 million) to 2026/27.
Is there industrial and storage space for lease at 246 Meserole Street?
No space at 246 Meserole 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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