Warehouse · Bed-Stuy, Brooklyn
39 Walworth Street
Brooklyn, NY 11205
39 Walworth Street is a 1-floor warehouse in Bed-Stuy, Brooklyn, built in 1964, with about 70,000 square feet of industrial and storage space according to city records.
Also at 19-53 Walworth Street, 57 Walworth Street, 30-42 Warsoff Place and 46-52 Warsoff Place.
- Industrial and storage space
- 70K SF
- Floors
- 1
- Year built
- 1964
- Zoning
- M1-2
The 4th largest of the 6 industrial and storage buildings we track in Bed-Stuy. Compare it with 6 neighbors
No space at 39 Walworth Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Bed-Stuy and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 39 Walworth Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 11 minute walk, 39 Walworth Street ranks 6th of 7 by industrial and storage floor area. Built in 1964, it is the newest of them. Its estimated property tax, about $3.73 a square foot of floor area before abatements, is below the neighbors' median of $5.02.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 39 Walworth Street | 70K SF | 1 | 1964 | $3.73 | Jun 2026, $14M |
| 18 Warsoff Place | 78K SF | 2 | 1930 | $1.33 | n/a |
| 544 Park Avenue | 288K SF | 5 | 1959 | $4.40 | n/a |
| 72 Franklin Avenue | 53K SF | 3 | 1938 | $4.81 | n/a |
| 348 Park Avenue | 96K SF | 5 | 1949 | $6.13 | n/a |
| 20 Grand Avenue | 93K SF | 7 | 1919 | $7.81 | Feb 2006, $8.3M |
| 35 Ryerson Street | 280K SF | 9 | 1942 | $5.24 | Jun 2015, $9.4M |
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
- 19-53 Walworth Street; 57 Walworth Street; 30-42 Warsoff Place; 46-52 Warsoff Place
- ZIP code
- 11205
- Building type
- Warehouse (city class E1)
- Total floor area
- 69,747 SF
- Commercial floor area
- 69,747 SF
- Industrial and storage
- 69,747 SF
- Height
- 1 floor
- Year built
- 1964
- Last major alteration
- 1994
- Lot area
- 107,830 SF
- Zoning district
- M1-2
- Built FAR
- 0.65
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3017170006
Nearest subway
- Flushing Av
- Myrtle-Willoughby Avs
- Lorimer St
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 LFFT TIC LLC as the owner of record. For tax year 2026/27 the city values 39 Walworth Street at $5.52 million and assesses it at $2.48 million. After phase-ins and exemptions its taxable value is $2.4 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 $260,131 a year before abatements, roughly $3.73 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
- LFFT TIC LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $5,516,000
- Land market value
- $2,110,000
- Assessed value
- $2,482,200
- Taxable value (phased in)
- $2,397,960
- Estimated yearly tax
- About $260,131
- Tax per SF of floor area
- About $3.73
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
39 Walworth Street last sold in June 2026 for $14 million, according to the deed recorded with the city. EFFT TIC LLC and LFFT TIC LLC sold it to NORWORTH HOLDINGS LLC. That comes to about $201 per square foot of floor area.
- Last sale (deed date)
- June 12, 2026
- Price
- $14,000,000
- Price per SF of floor area
- About $201
- Seller
- EFFT TIC LLC and LFFT TIC LLC
- Buyer
- NORWORTH HOLDINGS LLC
- Deed recorded
- June 18, 2026
- ACRIS document
- 2026061200287003
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.
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Questions about 39 Walworth Street
How big is 39 Walworth Street?
39 Walworth Street has about 70,000 square feet of floor area in total, including 70,000 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 39 Walworth Street built?
City records list 1964 as the year built, with a major alteration recorded in 1994. The building is 1 floor tall.
What other addresses does 39 Walworth Street have?
City records list 19-53 Walworth Street, 57 Walworth Street, 30-42 Warsoff Place and 46-52 Warsoff Place on the same tax lot (BBL 3017170006) as 39 Walworth Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 39 Walworth Street?
39 Walworth Street 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 39 Walworth Street, Brooklyn, NY 11205, in Bed-Stuy.
What is the zoning at 39 Walworth Street?
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.65 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 39 Walworth Street?
The closest subway station to 39 Walworth Street is Flushing Av (the G train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: Myrtle-Willoughby Avs (the G train), 7 min walk; Lorimer St (the J and M trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 39 Walworth Street?
The NYC Department of Finance's 2026/27 assessment roll lists LFFT TIC LLC as the owner of record of 39 Walworth Street (BBL 3017170006). 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 39 Walworth Street last sold?
39 Walworth Street last sold in June 2026 for $14 million, according to the deed recorded with the city. EFFT TIC LLC and LFFT TIC LLC sold it to NORWORTH HOLDINGS LLC. That comes to about $201 per square foot of floor area. The deed is ACRIS document 2026061200287003 (BBL 3017170006) 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 are the property taxes at 39 Walworth Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.4 million for 39 Walworth Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $260,131 a year, roughly $3.73 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3017170006 show the actual bill.
What is the assessed value of 39 Walworth Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 39 Walworth Street at $5.52 million ($2.11 million of it land) and its assessed value at $2.48 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($5.24 million) to 2026/27.
Is there industrial and storage space for lease at 39 Walworth Street?
No space at 39 Walworth 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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Bed-Stuy
Transit hubs in Bed-Stuy
- A C at Nostrand Av
- C at Kingston-Throop Avs
- G at Bedford-Nostrand Avs