Want · Industrial
3PL operator needs last-mile warehouse
Posted by the tenant · Logistics
- Where
- South Bronx, Long Island City +1
- Size
- 15,000 to 30,000 SF
- Budget
- to $45/SF
- Move in
- Jan 2027
Loading dockDrive-in doors
Owners: got a fit?I have a fit
Factory and industrial building · Greenpoint, Brooklyn
400 Kingsland Avenue
Brooklyn, NY 11222
400 Kingsland Avenue is a factory and industrial building in Greenpoint, Brooklyn, built in 1968, with about 42,000 square feet of industrial and storage space according to city records.
Also at 410-412 Kingsland Avenue and 436 Kingsland Avenue.
- Industrial and storage space
- 42K SF
- Floors
- n/a
- Year built
- 1968
- Zoning
- M3-1
The 11th largest of the 14 industrial and storage buildings we track in Greenpoint. Compare it with 6 neighbors
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Compared with its neighbors
How 400 Kingsland Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 9 minute walk, 400 Kingsland Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1968; the median neighbor dates from 1945. Its estimated property tax, about $14.08 a square foot of floor area before abatements, is above the neighbors' median of $4.85.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 400 Kingsland Avenue | 42K SF | n/a | 1968 | $14.08 | Dec 2024, $120M |
| 425 Greenpoint Avenue | 100K SF | 5 | 1931 | $4.96 | Oct 2013, $10.5M |
| 295 Norman Avenue | 58K SF | 2 | 1971 | $7.10 | Dec 2021, $38M |
| 274 Russell Street | 53K SF | 1 | 1960 | $6.42 | Dec 2024, $30M |
| 247 Meserole Avenue | 80K SF | 2 | 1963 | $3.26 | n/a |
| 222 Meserole Avenue | 41K SF | 1 | 1931 | $4.64 | Jun 2005, $4.6M |
| 236 Greenpoint Avenue | 204K SF | 6 | 1931 | $4.73 | 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
- 410-412 Kingsland Avenue; 436 Kingsland Avenue
- ZIP code
- 11222
- Building type
- Factory and industrial building (city class F8)
- Total floor area
- 41,688 SF
- Commercial floor area
- 41,688 SF
- Industrial and storage
- 41,688 SF
- Year built
- 1968
- Last major alteration
- 2009
- Lot area
- 433,000 SF
- Zoning district
- M3-1
- Built FAR
- 0.1
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3026120001
Nearest subway
- Nassau Av
- Greenpoint Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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 440 KINGSLAND AVE LLC as the owner of record. For tax year 2026/27 the city values 400 Kingsland Avenue at $13.3 million and assesses it at $5.97 million. After phase-ins and exemptions its taxable value is $5.41 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 $586,905 a year before abatements, roughly $14.08 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
- 440 KINGSLAND AVE LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $13,273,000
- Land market value
- $6,495,000
- Assessed value
- $5,972,850
- Taxable value (phased in)
- $5,410,260
- Estimated yearly tax
- About $586,905
- Tax per SF of floor area
- About $14.08
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 2026-10-09; 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
400 Kingsland Avenue last sold in December 2024 for $120 million, according to the deed recorded with the city. EXXONMOBIL OIL CORPORATION sold it to 440 KINGSLAND AVE LLC. That comes to about $2,879 per square foot of floor area.
- Last sale (deed date)
- December 26, 2024
- Price
- $120,000,000
- Price per SF of floor area
- About $2,879
- Seller
- EXXONMOBIL OIL CORPORATION
- Buyer
- 440 KINGSLAND AVE LLC
- Deed recorded
- January 7, 2025
- ACRIS document
- 2025010200845002
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 400 Kingsland Avenue in the 12 months to October 2026; the last one was first permitted in December 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- December 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across GreenpointWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-09 (permits issued through 2026-10-06). 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.
Industrial and storage space nearby in Greenpoint
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for industrial and storage space in Greenpoint yet. These labeled examples show what tenants post. List a space in 400 Kingsland Avenue and we match it against every new one automatically.
Want · To buy
Owner-user buying a Brooklyn building
Posted by the buyer · Food production
- Where
- Bushwick, Sunset Park +1
- Size
- 5,000 to 12,000 SF
- Budget
- to $5M
- Move in
- Mar 2027
Loading dock
Owners: got a fit?I have a fit
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Questions about 400 Kingsland Avenue
How big is 400 Kingsland Avenue?
400 Kingsland Avenue has about 42,000 square feet of floor area in total, including 42,000 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 400 Kingsland Avenue built?
City records list 1968 as the year built, with a major alteration recorded in 2009.
What other addresses does 400 Kingsland Avenue have?
City records list 410-412 Kingsland Avenue and 436 Kingsland Avenue on the same tax lot (BBL 3026120001) as 400 Kingsland Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 400 Kingsland Avenue?
400 Kingsland Avenue is in ZIP code 11222, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 400 Kingsland Avenue, Brooklyn, NY 11222, in Greenpoint.
What is the zoning at 400 Kingsland Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.1 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 400 Kingsland Avenue?
The closest subway station to 400 Kingsland Avenue is Nassau Av (the G train), about 0.7 miles away in a straight line, roughly 14 minutes on foot. Also nearby: Greenpoint Av (the G train), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 400 Kingsland Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 440 KINGSLAND AVE LLC as the owner of record of 400 Kingsland Avenue (BBL 3026120001). 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 400 Kingsland Avenue last sold?
400 Kingsland Avenue last sold in December 2024 for $120 million, according to the deed recorded with the city. EXXONMOBIL OIL CORPORATION sold it to 440 KINGSLAND AVE LLC. That comes to about $2,879 per square foot of floor area. The deed is ACRIS document 2025010200845002 (BBL 3026120001) 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.
Is there construction at 400 Kingsland Avenue?
The Department of Buildings issued no permits for new jobs at 400 Kingsland Avenue in the 12 months to October 2026; the last one was first permitted in December 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3026120001. 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 400 Kingsland Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.41 million for 400 Kingsland Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $586,905 a year, roughly $14.08 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3026120001 show the actual bill.
What is the assessed value of 400 Kingsland Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 400 Kingsland Avenue at $13.3 million ($6.5 million of it land) and its assessed value at $5.97 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 27% from 2022/23 ($10.5 million) to 2026/27.
Is there industrial and storage space for lease at 400 Kingsland Avenue?
No space at 400 Kingsland 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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Greenpoint
Transit hubs in Greenpoint
- G at Greenpoint Av
- NYC Ferry at Greenpoint