Warehouse · Bushwick, Brooklyn
28 Varick Avenue
Brooklyn, NY 11237
28 Varick Avenue is a 1-floor warehouse in Bushwick, Brooklyn, built in 1964, with about 100,000 square feet of industrial and storage space according to city records.
Also at 526-528 Johnson Avenue and 28-70 Varick Avenue.
- Industrial and storage space
- 100K SF
- Floors
- 1
- Year built
- 1964
- Zoning
- M1-2
The 8th largest of the 52 industrial and storage buildings we track in Bushwick. Compare it with 6 neighbors
No space at 28 Varick 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 Bushwick 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 28 Varick Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 2 minute walk, 28 Varick Avenue ranks 2nd of 7 by industrial and storage floor area. It went up in 1964; the median neighbor dates from 1930. Its estimated property tax, about $3.51 a square foot of floor area before abatements, is below the neighbors' median of $4.57.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 28 Varick Avenue | 100K SF | 1 | 1964 | $3.51 | May 2013, $13.5M (2 lots) |
| 47 Stewart Avenue | 35K SF | 2 | 1931 | $3.20 | Sep 2013, $7M |
| 41 Varick Avenue | 54K SF | 4 | 1920 | $5.61 | n/a |
| 1177 Flushing Avenue | 84K SF | 1 | 1964 | $4.65 | May 2007, $12M |
| 538 Johnson Avenue | 121K SF | 4 | 1930 | $4.65 | n/a |
| 1201 Flushing Avenue | 52K SF | 3 | 1923 | $4.49 | n/a |
| 201 Harrison Place | 91K SF | 3 | 1930 | $3.32 | 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
- 526-528 Johnson Avenue; 28-70 Varick Avenue
- ZIP code
- 11237
- Building type
- Warehouse (city class E1)
- Total floor area
- 99,750 SF
- Commercial floor area
- 99,750 SF
- Industrial and storage
- 99,750 SF
- Height
- 1 floor
- Year built
- 1964
- Lot area
- 106,000 SF
- Zoning district
- M1-2
- Built FAR
- 0.94
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3029940105
Nearest subway
- Jefferson St
- Morgan Av
- 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 28 VARICK AVENUE LLC as the owner of record. For tax year 2026/27 the city values 28 Varick Avenue at $7.21 million and assesses it at $3.24 million. After phase-ins and exemptions its taxable value is $3.23 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 $349,962 a year before abatements, roughly $3.51 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
- 28 VARICK AVENUE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,210,000
- Land market value
- $3,848,000
- Assessed value
- $3,244,500
- Taxable value (phased in)
- $3,226,050
- Estimated yearly tax
- About $349,962
- Tax per SF of floor area
- About $3.51
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 28 Varick Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
Sales history
28 Varick Avenue last sold in May 2013 in a $13.5 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. JFC INTERNATIONAL, INC sold it to 28 VARICK AVENUE LLC.
- Last sale (deed date)
- May 28, 2013
- Combined price
- $13,500,000 for 2 tax lots
- Seller
- JFC INTERNATIONAL, INC
- Buyer
- 28 VARICK AVENUE LLC
- Deed recorded
- July 9, 2013
- ACRIS document
- 2013053000287001
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; a price for several tax lots is the combined price, not this building's alone.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
28 Varick Avenue reported an ENERGY STAR score of 51 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 49.4 kBtu per square foot, about the same as the national median of 50.5 for a similar property. Its greenhouse gas emissions were about 424 metric tons of CO2e (4.25 kg per square foot).
- ENERGY STAR score (2024)
- 51 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 49.4 kBtu/SF
- National median for the type
- 50.5 kBtu/SF
- Greenhouse gas emissions
- 424 t CO2e
- Emissions per SF
- 4.25 kg CO2e
- Floor area in the filing
- 99,760 SF
Energy sources in 2024
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, 28 Varick Avenue comes to about 344 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 425 tons for 2024 to 2029 (81% of the limit), so it would owe no penalty. From 2030 the limit drops to 88 tons and the same energy use counts as about 234 tons, about 146 tons over, or an estimated $39,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 425 t CO2e
- Estimated emissions
- 344 t CO2e
- Under the limit by
- 81 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 88 t CO2e
- Estimated emissions
- 234 t CO2e
- Over the limit by
- 146 t CO2e
- Estimated penalty a year
- $39,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Non-Refrigerated Warehouse 99,760 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 28 Varick Avenue? List a space here free and we match it against every active requirement.
No industrial and storage space listed in Bushwick yet
Own or broker space at 28 Varick Avenue? 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.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
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 28 Varick Avenue
How big is 28 Varick Avenue?
28 Varick Avenue has about 100,000 square feet of floor area in total, including 100,000 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 28 Varick Avenue built?
City records list 1964 as the year built. The building is 1 floor tall.
What other addresses does 28 Varick Avenue have?
City records list 526-528 Johnson Avenue and 28-70 Varick Avenue on the same tax lot (BBL 3029940105) as 28 Varick Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 28 Varick Avenue?
28 Varick Avenue is in ZIP code 11237, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 28 Varick Avenue, Brooklyn, NY 11237, in Bushwick.
What is the zoning at 28 Varick Avenue?
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.94 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 28 Varick Avenue?
The closest subway station to 28 Varick Avenue is Jefferson St (the L train), about 0.2 miles away in a straight line, roughly 4 minutes on foot. Also nearby: Morgan Av (the L train), 7 min walk; DeKalb Av (the L train), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 28 Varick Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 28 VARICK AVENUE LLC as the owner of record of 28 Varick Avenue (BBL 3029940105). 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 28 Varick Avenue last sold?
28 Varick Avenue last sold in May 2013 in a $13.5 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. JFC INTERNATIONAL, INC sold it to 28 VARICK AVENUE LLC. The deed is ACRIS document 2013053000287001 (BBL 3029940105) 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.
What is the energy grade of 28 Varick Avenue?
28 Varick Avenue reported an ENERGY STAR score of 51 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 51 earns a D. 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 49.4 kBtu per square foot, about the same as the national median of 50.5 for a similar property. Its greenhouse gas emissions were about 424 metric tons of CO2e (4.25 kg per square foot).
Does 28 Varick Avenue meet Local Law 97?
At its 2024 energy use, 28 Varick Avenue comes to about 344 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 425 tons for 2024 to 2029 (81% of the limit), so it would owe no penalty. From 2030 the limit drops to 88 tons and the same energy use counts as about 234 tons, about 146 tons over, or an estimated $39,000 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.
What are the property taxes at 28 Varick Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.23 million for 28 Varick Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $349,962 a year, roughly $3.51 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3029940105 show the actual bill.
What is the assessed value of 28 Varick Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 28 Varick Avenue at $7.21 million ($3.85 million of it land) and its assessed value at $3.24 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($6.47 million) to 2026/27.
Is there industrial and storage space for lease at 28 Varick Avenue?
No space at 28 Varick 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.
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.
Bushwick
Transit hubs in Bushwick
- L at Morgan Av
- L at Jefferson St
- J M Z at Myrtle Av