Office building · Downtown Brooklyn, Brooklyn
351 Jay Street
Brooklyn, NY 11201
351 Jay Street is a 23-floor office building in Downtown Brooklyn, Brooklyn, built in 1990, with about 857,000 square feet of office space according to city records.
Also at 337-363 Jay Street, 90-116 Lawrence Street, 1 Metrotech Center and 62-84 Myrtle Avenue.
- Office space
- 857K SF
- Floors
- 23
- Year built
- 1990
- Zoning
- C6-1A
The 3rd largest of the 63 office buildings we track in Downtown Brooklyn. Compare it with 6 neighbors
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Compared with its neighbors
How 351 Jay Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 351 Jay Street is the largest by office floor area. It went up in 1990; the median neighbor dates from 1959. Its property tax is fully exempt on the city's assessment roll.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 351 Jay Street | 857K SF | 23 | 1990 | Exempt | n/a |
| 57 Willoughby Street | 100K SF | 6 | 1929 | $10.48 | Jul 2024, $48M |
| 100 Myrtle Avenue | 470K SF | 11 | 1989 | Exempt | n/a |
| New York and New Jersey Telephone and Telegraph Building, 81 Willoughby Street | 74K SF | 8 | 1898 | $9.37 | n/a |
| 350 Jay Street | 815K SF | 32 | 1997 | Exempt | n/a |
| Brooklyn Edison Building, 345 Adams Street | 262K SF | 14 | 1926 | $0.94 | n/a |
| 339 Bridge Street | 404K SF | 10 | 1990 | $9.77 | Aug 2022, $122M |
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
- 337-363 Jay Street; 90-116 Lawrence Street; 1 Metrotech Center; 62-84 Myrtle Avenue
- ZIP code
- 11201
- Building type
- Office building (city class O4)
- Total floor area
- 978,544 SF
- Commercial floor area
- 978,544 SF
- Office
- 856,543 SF
- Retail
- 40,469 SF
- Industrial and storage
- 8,286 SF
- Height
- 23 floors
- Average floor
- About 42,500 SF (floor area divided by floors)
- Year built
- 1990
- Last major alteration
- 2009
- Lot area
- 69,875 SF
- Zoning district
- C6-1A
- Built FAR
- 14
- Max commercial FAR
- 6
- Tax lot (BBL)
- 3001470004
Nearest subway
- Jay St-MetroTech
- Borough Hall
- Hoyt St
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 8 storefronts at 351 Jay Street for December 31, 2025, the newest annual filing the city has published, and 6 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.
- Storefronts registered for December 31, 2025
- 8
- Vacant that day
- 6
- Share vacant here
- 75.0%
- Share vacant across Downtown Brooklyn
- 12.4%
- Share vacant along Jay Street
- 14.1%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 351 Jay Street? Listing it is free, and it is matched against every active requirement for retail space in Downtown Brooklyn the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 FOREST CITY JAY STREET ASSOCIATES as the owner of record. For tax year 2026/27 the city values 351 Jay Street at $180.8 million and assesses it at $81.4 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- FOREST CITY JAY STREET ASSOCIATES
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $180,779,000
- Land market value
- $12,100,000
- Assessed value
- $81,350,550
- Exemptions
- $81,350,550
- Estimated yearly tax
- Fully exempt on the roll
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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
Own or manage 351 Jay Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
351 Jay Street reported an ENERGY STAR score of 77 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 49.9 kBtu per square foot, 33% below the national median of 74.4 for a similar property. Its greenhouse gas emissions were about 3,906 metric tons of CO2e (4.19 kg per square foot).
- ENERGY STAR score (2024)
- 77 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 49.9 kBtu/SF
- National median for the type
- 74.4 kBtu/SF
- Greenhouse gas emissions
- 3,906 t CO2e
- Emissions per SF
- 4.19 kg CO2e
- Floor area in the filing
- 931,561 SF
ENERGY STAR score by year
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.
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 351 Jay Street. In the last two years, interior work was permitted on one floor (floor 24 and the sub-cellar). The newest build-out, on the sub-cellar, was first permitted in March 2026 (plumbing; filed cost estimate $40,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 2
- Newest job first permitted
- March 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 24, sub-cellar
Recent build-outs
New jobs by year
Build-outs across Downtown BrooklynWhere 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 office space listed in Downtown Brooklyn yet
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Before you sign
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Questions about 351 Jay Street
How big is 351 Jay Street?
351 Jay Street has about 979,000 square feet of floor area in total, including 857,000 square feet of office, 40,000 square feet of retail and 8,000 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 351 Jay Street built?
City records list 1990 as the year built, with a major alteration recorded in 2009. The building is 23 floors tall.
What other addresses does 351 Jay Street have?
City records list 337-363 Jay Street, 90-116 Lawrence Street, 1 Metrotech Center and 62-84 Myrtle Avenue on the same tax lot (BBL 3001470004) as 351 Jay Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 351 Jay Street?
351 Jay Street is in ZIP code 11201, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 351 Jay Street, Brooklyn, NY 11201, in Downtown Brooklyn.
What is the zoning at 351 Jay Street?
The lot is in the C6-1A zoning district. PLUTO lists a built floor area ratio (FAR) of 14 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 351 Jay Street?
The closest subway station to 351 Jay Street is Jay St-MetroTech (the A, C, F and R trains), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: Borough Hall (the 2, 3, 4, 5 and R trains, connected to Court St), 3 min walk; Hoyt St (the 2 and 3 trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 351 Jay Street?
The NYC Department of Finance's 2026/27 assessment roll lists FOREST CITY JAY STREET ASSOCIATES as the owner of record of 351 Jay Street (BBL 3001470004). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 351 Jay Street?
351 Jay Street reported an ENERGY STAR score of 77 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 77 earns a B. 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 49.9 kBtu per square foot, 33% below the national median of 74.4 for a similar property. Its greenhouse gas emissions were about 3,906 metric tons of CO2e (4.19 kg per square foot).
Is there construction at 351 Jay Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 351 Jay Street. In the last two years, interior work was permitted on one floor (floor 24 and the sub-cellar). The newest build-out, on the sub-cellar, was first permitted in March 2026 (plumbing; filed cost estimate $40,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3001470004. 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 351 Jay Street?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 351 Jay Street, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 3001470004 show what is actually billed.
What is the assessed value of 351 Jay Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 351 Jay Street at $180.8 million ($12.1 million of it land) and its assessed value at $81.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 3% from 2022/23 ($185.6 million) to 2026/27.
Are there vacant storefronts at 351 Jay Street?
Owners registered 8 storefronts at 351 Jay Street for December 31, 2025, the newest annual filing the city has published, and 6 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 351 Jay Street?
No space at 351 Jay 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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