Warehouse · Greenpoint, Brooklyn
295 Norman Avenue
Brooklyn, NY 11222
295 Norman Avenue is a 2-floor warehouse in Greenpoint, Brooklyn, built in 1971, with about 58,000 square feet of industrial and storage space according to city records.
Also at 301 Norman Avenue.
- Industrial and storage space
- 58K SF
- Floors
- 2
- Year built
- 1971
- Zoning
- M3-1
The 12th largest of the 18 industrial and storage buildings we track in Greenpoint. Compare it with 6 neighbors
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Compared with its neighbors
How 295 Norman Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 295 Norman Avenue ranks 5th of 7 by industrial and storage floor area. Built in 1971, it is the newest of them. Its estimated property tax, about $7.10 a square foot of floor area before abatements, is above the neighbors' median of $6.33.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 295 Norman Avenue | 58K SF | 2 | 1971 | $7.10 | Dec 2021, $38M |
| 100 Apollo Street | 86K SF | 1 | 1968 | $6.24 | n/a |
| 400 Kingsland Avenue | 42K SF | n/a | 1968 | $14.08 | Dec 2024, $120M |
| 44 Bridgewater Street | 96K SF | 2 | 1931 | Exempt | n/a |
| 42 Bridgewater Street | 81K SF | 2 | 1931 | Exempt | n/a |
| 274 Russell Street | 53K SF | 1 | 1960 | $6.42 | Dec 2024, $30M |
| 247 Meserole Avenue | 80K SF | 2 | 1963 | $3.26 | 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 address
- 301 Norman Avenue
- ZIP code
- 11222
- Building type
- Warehouse (city class E1)
- Total floor area
- 58,152 SF
- Commercial floor area
- 58,152 SF
- Industrial and storage
- 58,152 SF
- Height
- 2 floors
- Year built
- 1971
- Lot area
- 78,740 SF
- Zoning district
- M3-1
- Built FAR
- 0.74
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3026120125
Nearest subway
- Nassau 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 CENTERPOINT NORMAN LLC as the owner of record. For tax year 2026/27 the city values 295 Norman Avenue at $11.5 million and assesses it at $5.16 million. After phase-ins and exemptions its taxable value is $3.81 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 $412,963 a year before abatements, roughly $7.10 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
- CENTERPOINT NORMAN LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $11,471,000
- Land market value
- $1,570,000
- Assessed value
- $5,161,950
- Taxable value (phased in)
- $3,806,810
- Estimated yearly tax
- About $412,963
- Tax per SF of floor area
- About $7.10
City market value by tax year
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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 295 Norman 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
295 Norman Avenue last sold in December 2021 for $38 million, according to the deed recorded with the city. 301 NORMAN AVENUE, L.L.C. sold it to CENTERPOINT NORMAN LLC. That comes to about $653 per square foot of floor area.
- Last sale (deed date)
- December 3, 2021
- Price
- $38,000,000
- Price per SF of floor area
- About $653
- Seller
- 301 NORMAN AVENUE, L.L.C.
- Buyer
- CENTERPOINT NORMAN LLC
- Deed recorded
- December 20, 2021
- ACRIS document
- 2021121000525001
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 energy benchmarking (Local Law 84)
Energy score, grade and emissions
295 Norman Avenue reported an ENERGY STAR score of 56 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 74.5 kBtu per square foot, 10% below the national median of 82.9 for a similar property. Its greenhouse gas emissions were about 350 metric tons of CO2e (5.26 kg per square foot).
- ENERGY STAR score (2024)
- 56 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Distribution Center
- Site energy use intensity
- 74.5 kBtu/SF
- National median for the type
- 82.9 kBtu/SF
- Greenhouse gas emissions
- 350 t CO2e
- Emissions per SF
- 5.26 kg CO2e
- Floor area in the filing
- 66,618 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, 295 Norman Avenue comes to about 308 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 410 tons for 2024 to 2029 (75% of the limit), so it would owe no penalty. From 2030 the limit drops to 92 tons and the same energy use counts as about 249 tons, about 157 tons over, or an estimated $42,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 410 t CO2e
- Estimated emissions
- 308 t CO2e
- Under the limit by
- 102 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 92 t CO2e
- Estimated emissions
- 249 t CO2e
- Over the limit by
- 157 t CO2e
- Estimated penalty a year
- $42,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 15,004 SF; Distribution Center 51,614 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 295 Norman 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 295 Norman Avenue in the 12 months to October 2026; the last one was first permitted in May 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in May 2025 (sprinklers; filed cost estimate $16,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- May 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across GreenpointWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No industrial and storage space listed in Greenpoint yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
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$/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 295 Norman Avenue
How big is 295 Norman Avenue?
295 Norman Avenue has about 58,000 square feet of floor area in total, including 58,000 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 295 Norman Avenue built?
City records list 1971 as the year built. The building is 2 floors tall.
What other addresses does 295 Norman Avenue have?
City records list 301 Norman Avenue on the same tax lot (BBL 3026120125) as 295 Norman Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 295 Norman Avenue?
295 Norman Avenue is in ZIP code 11222, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 295 Norman Avenue, Brooklyn, NY 11222, in Greenpoint.
What is the zoning at 295 Norman Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.74 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 295 Norman Avenue?
The closest subway station to 295 Norman Avenue is Nassau Av (the G train), about 0.7 miles away in a straight line, roughly 13 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 295 Norman Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CENTERPOINT NORMAN LLC as the owner of record of 295 Norman Avenue (BBL 3026120125). 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 295 Norman Avenue last sold?
295 Norman Avenue last sold in December 2021 for $38 million, according to the deed recorded with the city. 301 NORMAN AVENUE, L.L.C. sold it to CENTERPOINT NORMAN LLC. That comes to about $653 per square foot of floor area. The deed is ACRIS document 2021121000525001 (BBL 3026120125) 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 295 Norman Avenue?
295 Norman Avenue reported an ENERGY STAR score of 56 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 56 earns a C. 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 74.5 kBtu per square foot, 10% below the national median of 82.9 for a similar property. Its greenhouse gas emissions were about 350 metric tons of CO2e (5.26 kg per square foot).
Does 295 Norman Avenue meet Local Law 97?
At its 2024 energy use, 295 Norman Avenue comes to about 308 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 410 tons for 2024 to 2029 (75% of the limit), so it would owe no penalty. From 2030 the limit drops to 92 tons and the same energy use counts as about 249 tons, about 157 tons over, or an estimated $42,000 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.
Is there construction at 295 Norman Avenue?
The Department of Buildings issued no permits for new jobs at 295 Norman Avenue in the 12 months to October 2026; the last one was first permitted in May 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in May 2025 (sprinklers; filed cost estimate $16,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3026120125. 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 295 Norman Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.81 million for 295 Norman Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $412,963 a year, roughly $7.10 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3026120125 show the actual bill.
What is the assessed value of 295 Norman Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 295 Norman Avenue at $11.5 million ($1.57 million of it land) and its assessed value at $5.16 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 70% from 2022/23 ($6.74 million) to 2026/27.
Is there industrial and storage space for lease at 295 Norman Avenue?
No space at 295 Norman 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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Greenpoint
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