Self-storage building · Fort Greene, Brooklyn
348 Park Avenue
Brooklyn, NY 11205
348 Park Avenue is a 5-floor self-storage building in Fort Greene, Brooklyn, built in 1949, with about 96,000 square feet of industrial and storage space according to city records.
Also at 68-72 Emerson Place and 348-354 Park Avenue.
- Industrial and storage space
- 96K SF
- Floors
- 5
- Year built
- 1949
- Zoning
- M1-1
The 2nd largest of the 7 industrial and storage buildings we track in Fort Greene. Compare it with 6 neighbors
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Compared with its neighbors
How 348 Park Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 348 Park Avenue ranks 2nd of 7 by industrial and storage floor area. Built in 1949, it is the newest of them. Its estimated property tax, about $6.13 a square foot of floor area before abatements, is above the neighbors' median of $5.13.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 348 Park Avenue | 96K SF | 5 | 1949 | $6.13 | n/a |
| 35 Ryerson Street | 280K SF | 9 | 1942 | $5.24 | Jun 2015, $9.4M |
| 20 Grand Avenue | 93K SF | 7 | 1919 | $7.81 | Feb 2006, $8.3M |
| 30 Hall Street | 81K SF | 7 | 1918 | $5.02 | n/a |
| 72 Franklin Avenue | 53K SF | 3 | 1938 | $4.81 | n/a |
| 55 Washington Avenue | 96K SF | 6 | 1930 | $4.20 | n/a |
| 235 Park Avenue | 67K SF | 4 | 1920 | $5.29 | Jan 2022, $32M |
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
- 68-72 Emerson Place; 348-354 Park Avenue
- ZIP code
- 11205
- Building type
- Self-storage building (city class E7)
- Total floor area
- 96,180 SF
- Commercial floor area
- 96,180 SF
- Industrial and storage
- 96,180 SF
- Height
- 5 floors
- Average floor
- About 19,200 SF (floor area divided by floors)
- Year built
- 1949
- Last major alteration
- 2009
- Lot area
- 16,500 SF
- Zoning district
- M1-1
- Built FAR
- 5.83
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3018940026
Nearest subway
- Classon Av
- Clinton-Washington Avs
- Bedford-Nostrand Avs
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered one storefront at 348 Park Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Fort Greene
- 10.6%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Fort Greene? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-03. 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 2024 filing was due June 3, 2025, 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 STORAGE PROPERTIES INC as the owner of record. For tax year 2026/27 the city values 348 Park Avenue at $14.3 million and assesses it at $6.44 million. After phase-ins and exemptions its taxable value is $5.44 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 $589,902 a year before abatements, roughly $6.13 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
- STORAGE PROPERTIES INC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $14,320,000
- Land market value
- $1,650,000
- Assessed value
- $6,444,000
- Taxable value (phased in)
- $5,437,890
- Estimated yearly tax
- About $589,902
- Tax per SF of floor area
- About $6.13
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 energy benchmarking (Local Law 84)
Energy use and emissions
348 Park 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 11.9 kBtu per square foot, 46% below the national median of 22 for a similar property. Its greenhouse gas emissions were about 107 metric tons of CO2e (1.11 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Site energy use intensity
- 11.9 kBtu/SF
- National median for the type
- 22 kBtu/SF
- Greenhouse gas emissions
- 107 t CO2e
- Emissions per SF
- 1.11 kg CO2e
- Floor area in the filing
- 96,180 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
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 348 Park Avenue. A sidewalk shed permit here is active until November 3, 2026.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- October 2025
- Interior build-outs, last 24 months
- 0
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Nov 3, 2026
New jobs by year
Build-outs across Fort GreeneWhere 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 348 Park Avenue
How big is 348 Park Avenue?
348 Park Avenue has about 96,000 square feet of floor area in total, including 96,000 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 348 Park Avenue built?
City records list 1949 as the year built, with a major alteration recorded in 2009. The building is 5 floors tall.
What other addresses does 348 Park Avenue have?
City records list 68-72 Emerson Place and 348-354 Park Avenue on the same tax lot (BBL 3018940026) as 348 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 348 Park Avenue?
348 Park Avenue is in ZIP code 11205, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 348 Park Avenue, Brooklyn, NY 11205, in Fort Greene.
What is the zoning at 348 Park Avenue?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.83 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 348 Park Avenue?
The closest subway station to 348 Park Avenue is Classon Av (the G train), about 0.5 miles away in a straight line, roughly 10 minutes on foot. Also nearby: Clinton-Washington Avs (the G train), 11 min walk; Bedford-Nostrand Avs (the G train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 348 Park Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists STORAGE PROPERTIES INC as the owner of record of 348 Park Avenue (BBL 3018940026). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Does 348 Park Avenue have an energy grade?
348 Park 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 11.9 kBtu per square foot, 46% below the national median of 22 for a similar property. Its greenhouse gas emissions were about 107 metric tons of CO2e (1.11 kg per square foot).
Is there construction at 348 Park Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 348 Park Avenue. A sidewalk shed permit here is active until November 3, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 3018940026. 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 348 Park Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.44 million for 348 Park Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $589,902 a year, roughly $6.13 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3018940026 show the actual bill.
What is the assessed value of 348 Park Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 348 Park Avenue at $14.3 million ($1.65 million of it land) and its assessed value at $6.44 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 26% from 2022/23 ($11.4 million) to 2026/27.
Are there vacant storefronts at 348 Park Avenue?
Owners registered one storefront at 348 Park Avenue for December 31, 2024, 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 industrial and storage space for lease at 348 Park Avenue?
No space at 348 Park 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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Fort Greene
Transit hubs in Fort Greene
- G at Clinton-Washington Avs
- G at Classon Av
- B57 bus on Flushing Av
- B54 bus on Myrtle Av