Factory and industrial building · Bushwick, Brooklyn
361 Stagg Street
Brooklyn, NY
361 Stagg Street is a 4-floor factory and industrial building in Bushwick, Brooklyn, built in 1930, with about 79,000 square feet of industrial and storage space according to city records.
Also at 193-199 Morgan Avenue and 361-381 Stagg Street.
- Industrial and storage space
- 79K SF
- Floors
- 4
- Year built
- 1930
- Zoning
- M1-1
The 17th largest of the 52 industrial and storage buildings we track in Bushwick. Compare it with 6 neighbors
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Compared with its neighbors
How 361 Stagg Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 361 Stagg Street ranks 3rd of 7 by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1961. Its estimated property tax, about $0.77 a square foot of floor area before abatements, is below the neighbors' median of $7.02.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 361 Stagg Street | 79K SF | 4 | 1930 | $0.77 | Sep 2005, $6.4M |
| 222 Morgan Avenue | 42K SF | 1 | 1960 | $7.17 | Dec 2024, $105M (2 lots) |
| 350 Meserole Street | 40K SF | 1 | 1966 | $6.87 | n/a |
| 134 Morgan Avenue | 100K SF | 1 | 1962 | $5.84 | Aug 2019, $54.5M (2 lots) |
| 121 Morgan Avenue | 45K SF | 2 | 1920 | $7.91 | Dec 2020, $18.2M |
| 916 Grand Street | 55K SF | 3 | 2010 | $2.15 | n/a |
| 100 Knickerbocker Avenue | 102K SF | 1 | 1958 | $10.56 | 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
- 193-199 Morgan Avenue; 361-381 Stagg Street
- ZIP code
- 11237 (PLUTO); 11206 (Finance roll)
- Building type
- Factory and industrial building (city class F1)
- Total floor area
- 79,352 SF
- Commercial floor area
- 79,352 SF
- Industrial and storage
- 79,352 SF
- Height
- 4 floors
- Average floor
- About 19,800 SF (floor area divided by floors)
- Year built
- 1930
- Lot area
- 22,500 SF
- Zoning district
- M1-1
- Built FAR
- 3.53
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3030290065
Nearest subway
- Morgan Av
- Grand St
- Montrose 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 STAGG STUDIOS LLC as the owner of record. For tax year 2026/27 the city values 361 Stagg Street at $3.16 million and assesses it at $1.42 million. After phase-ins and exemptions its taxable value is $562,050; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $60,971 a year before abatements, roughly $0.77 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
- STAGG STUDIOS LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,156,000
- Land market value
- $912,000
- Assessed value
- $1,420,200
- Exemptions
- $858,150
- Estimated yearly tax
- About $60,971
- Tax per SF of floor area
- About $0.77
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.
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NYC property records (ACRIS)
Sales history
361 Stagg Street last sold in September 2005 for $6.4 million, according to the deed recorded with the city. M. GOLDSMITH CO., INC. sold it to STAGG STUDIOS LLC. That comes to about $81 per square foot of floor area.
- Last sale (deed date)
- September 19, 2005
- Price
- $6,400,000
- Price per SF of floor area
- About $81
- Seller
- M. GOLDSMITH CO., INC.
- Buyer
- STAGG STUDIOS LLC
- Deed recorded
- November 1, 2005
- ACRIS document
- 2005092700801002
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
361 Stagg Street reported an ENERGY STAR score of 81 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 78 kBtu per square foot, 39% below the national median of 127.9 for a similar property. Its greenhouse gas emissions were about 528 metric tons of CO2e (6.29 kg per square foot).
- ENERGY STAR score (2024)
- 81 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 78 kBtu/SF
- National median for the type
- 127.9 kBtu/SF
- Greenhouse gas emissions
- 528 t CO2e
- Emissions per SF
- 6.29 kg CO2e
- Floor area in the filing
- 84,000 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, 361 Stagg Street comes to about 497 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 637 tons for 2024 to 2029 (78% of the limit), so it would owe no penalty. From 2030 the limit drops to 226 tons and the same energy use counts as about 454 tons, about 228 tons over, or an estimated $61,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 637 t CO2e
- Estimated emissions
- 497 t CO2e
- Under the limit by
- 140 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 226 t CO2e
- Estimated emissions
- 454 t CO2e
- Over the limit by
- 228 t CO2e
- Estimated penalty a year
- $61,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 84,000 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.
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Questions about 361 Stagg Street
How big is 361 Stagg Street?
361 Stagg Street has about 79,000 square feet of floor area in total, including 79,000 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 361 Stagg Street built?
City records list 1930 as the year built. The building is 4 floors tall.
What other addresses does 361 Stagg Street have?
City records list 193-199 Morgan Avenue and 361-381 Stagg Street on the same tax lot (BBL 3030290065) as 361 Stagg Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 361 Stagg Street?
City records give two ZIP codes for this tax lot: 11237 in NYC PLUTO 26v2 and 11206 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.
What is the zoning at 361 Stagg Street?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.53 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 361 Stagg Street?
The closest subway station to 361 Stagg Street is Morgan Av (the L train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Grand St (the L train), 7 min walk; Montrose Av (the L train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 361 Stagg Street?
The NYC Department of Finance's 2026/27 assessment roll lists STAGG STUDIOS LLC as the owner of record of 361 Stagg Street (BBL 3030290065). 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 361 Stagg Street last sold?
361 Stagg Street last sold in September 2005 for $6.4 million, according to the deed recorded with the city. M. GOLDSMITH CO., INC. sold it to STAGG STUDIOS LLC. That comes to about $81 per square foot of floor area. The deed is ACRIS document 2005092700801002 (BBL 3030290065) 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 361 Stagg Street?
361 Stagg Street reported an ENERGY STAR score of 81 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 81 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 78 kBtu per square foot, 39% below the national median of 127.9 for a similar property. Its greenhouse gas emissions were about 528 metric tons of CO2e (6.29 kg per square foot).
Does 361 Stagg Street meet Local Law 97?
At its 2024 energy use, 361 Stagg Street comes to about 497 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 637 tons for 2024 to 2029 (78% of the limit), so it would owe no penalty. From 2030 the limit drops to 226 tons and the same energy use counts as about 454 tons, about 228 tons over, or an estimated $61,000 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 361 Stagg Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $562,050 for 361 Stagg Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $60,971 a year, roughly $0.77 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3030290065 show the actual bill.
What is the assessed value of 361 Stagg Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 361 Stagg Street at $3.16 million ($912,000 of it land) and its assessed value at $1.42 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 6% from 2022/23 ($3.37 million) to 2026/27.
Is there industrial and storage space for lease at 361 Stagg Street?
No space at 361 Stagg 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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