Factory and industrial building · Canarsie, Brooklyn
338 De Witt Avenue
Brooklyn, NY 11207
338 De Witt Avenue is a 1-floor factory and industrial building in Canarsie, Brooklyn, built in 1956, with about 52,000 square feet of industrial and storage space according to city records.
Also at 338-360 De Witt Avenue, 756-790 Hinsdale Street and 763-777 Snediker Avenue.
- Industrial and storage space
- 52K SF
- Floors
- 1
- Year built
- 1956
- Zoning
- M1-1
The 16th largest of the 16 industrial and storage buildings we track in Canarsie. Compare it with 6 neighbors
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Compared with its neighbors
How 338 De Witt Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 8 minute walk, 338 De Witt Avenue is the smallest by industrial and storage floor area. Built in 1956, it is the oldest of them. Its estimated property tax, about $2.45 a square foot of floor area before abatements, is below the neighbors' median of $4.05.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 338 De Witt Avenue | 52K SF | 1 | 1956 | $2.45 | Sep 2006, $5.5M |
| 807 Bank Street | 87K SF | 1 | 2023 | $5.53 | n/a |
| 10237 Farragut Road | 167K SF | 1 | 1971 | $5.15 | n/a |
| 10401 Foster Avenue | 274K SF | 1 | 1971 | $4.70 | n/a |
| 464 Stanley Avenue | 88K SF | 2 | 2006 | $2.61 | Nov 2011, $27.8M |
| 10300 Foster Avenue | 108K SF | 1 | 1971 | $1.47 | n/a |
| 10203 Avenue D | 195K SF | 1 | 1968 | $3.40 | 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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 338-360 De Witt Avenue; 756-790 Hinsdale Street; 763-777 Snediker Avenue
- ZIP code
- 11207
- Building type
- Factory and industrial building (city class F1)
- Total floor area
- 52,475 SF
- Commercial floor area
- 52,475 SF
- Industrial and storage
- 52,475 SF
- Height
- 1 floor
- Year built
- 1956
- Lot area
- 60,000 SF
- Zoning district
- M1-1
- Built FAR
- 0.87
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3038820006
Nearest subway
- New Lots Av
- East 105 St
- Livonia Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 ABEL REALTY HOLDING, LLC as the owner of record. For tax year 2026/27 the city values 338 De Witt Avenue at $3.51 million and assesses it at $1.58 million. After phase-ins and exemptions its taxable value is $1.19 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 $128,659 a year before abatements, roughly $2.45 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
- ABEL REALTY HOLDING, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,514,000
- Land market value
- $1,260,000
- Assessed value
- $1,581,300
- Taxable value (phased in)
- $1,520,550
- Exemptions
- $334,530
- Estimated yearly tax
- About $128,659
- Tax per SF of floor area
- About $2.45
City market value by tax year
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 2026-10-03; 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.
NYC property records (ACRIS)
Sales history
338 De Witt Avenue last sold in September 2006 for $5.5 million, according to the deed recorded with the city. 350 DEWITT REALTY, LLC sold it to ABEL REALTY HOLDING, LLC. That comes to about $105 per square foot of floor area.
- Last sale (deed date)
- September 28, 2006
- Price
- $5,500,000
- Price per SF of floor area
- About $105
- Seller
- 350 DEWITT REALTY, LLC
- Buyer
- ABEL REALTY HOLDING, LLC
- Deed recorded
- November 3, 2006
- ACRIS document
- 2006110200469001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; 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 use and emissions
338 De Witt Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 164.4 kBtu per square foot, 3.0 times the national median of 54.5 for a similar property. Its greenhouse gas emissions were about 623 metric tons of CO2e (12.15 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Mixed Use Property
- Site energy use intensity
- 164.4 kBtu/SF
- National median for the type
- 54.5 kBtu/SF
- Greenhouse gas emissions
- 623 t CO2e
- Emissions per SF
- 12.15 kg CO2e
- Floor area in the filing
- 51,300 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 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 338 De Witt Avenue in the 12 months to October 2026; the last one was first permitted in September 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across CanarsieWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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.
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Questions about 338 De Witt Avenue
How big is 338 De Witt Avenue?
338 De Witt Avenue has about 52,000 square feet of floor area in total, including 52,000 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 338 De Witt Avenue built?
City records list 1956 as the year built. The building is 1 floor tall.
What other addresses does 338 De Witt Avenue have?
City records list 338-360 De Witt Avenue, 756-790 Hinsdale Street and 763-777 Snediker Avenue on the same tax lot (BBL 3038820006) as 338 De Witt Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 338 De Witt Avenue?
338 De Witt Avenue is in ZIP code 11207, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 338 De Witt Avenue, Brooklyn, NY 11207, in Canarsie.
What is the zoning at 338 De Witt Avenue?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.87 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 338 De Witt Avenue?
The closest subway station to 338 De Witt Avenue is New Lots Av (the L train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. Also nearby: East 105 St (the L train), 7 min walk; Livonia Av (the L train), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 338 De Witt Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists ABEL REALTY HOLDING, LLC as the owner of record of 338 De Witt Avenue (BBL 3038820006). 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 338 De Witt Avenue last sold?
338 De Witt Avenue last sold in September 2006 for $5.5 million, according to the deed recorded with the city. 350 DEWITT REALTY, LLC sold it to ABEL REALTY HOLDING, LLC. That comes to about $105 per square foot of floor area. The deed is ACRIS document 2006110200469001 (BBL 3038820006) 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.
Does 338 De Witt Avenue have an energy grade?
338 De Witt Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 164.4 kBtu per square foot, 3.0 times the national median of 54.5 for a similar property. Its greenhouse gas emissions were about 623 metric tons of CO2e (12.15 kg per square foot).
Is there construction at 338 De Witt Avenue?
The Department of Buildings issued no permits for new jobs at 338 De Witt Avenue in the 12 months to October 2026; the last one was first permitted in September 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 3038820006. 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 338 De Witt Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.19 million for 338 De Witt Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $128,659 a year, roughly $2.45 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3038820006 show the actual bill.
What is the assessed value of 338 De Witt Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 338 De Witt Avenue at $3.51 million ($1.26 million of it land) and its assessed value at $1.58 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($3.1 million) to 2026/27.
Is there industrial and storage space for lease at 338 De Witt Avenue?
No space at 338 De Witt 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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Canarsie
Transit hubs in Canarsie
- L at Canarsie-Rockaway Pkwy
- L at East 105 St
- Belt Parkway