Office condominium · Downtown Brooklyn, Brooklyn
41 Flatbush Avenue
Brooklyn, NY 11217
41 Flatbush Avenue is a 10-floor office condominium in Downtown Brooklyn, Brooklyn, built in 1920, with about 177,000 square feet of office space according to city records.
- Office space
- 177K SF
- Floors
- 10
- Year built
- 1920
- Zoning
- C6-4
The 31st 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 41 Flatbush Avenue compares
Next to the 6 nearest large office buildings, all within a 4 minute walk, 41 Flatbush Avenue ranks 3rd of 7 by office floor area. It went up in 1920; the median neighbor dates from 1972. Its estimated property tax, about $10.12 a square foot of floor area before abatements, is above the neighbors' median of $9.33.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 41 Flatbush Avenue | 177K SF | 10 | 1920 | $10.12 |
| 38 Flatbush Avenue | 195K SF | 7 | 1971 | $9.89 |
| 253 Ashland Place | 143K SF | 11 | 2016 | $10.51 |
| 395 Flatbush Avenue Ext | 298K SF | 7 | 1974 | $8.77 |
| 285 Schermerhorn Street | 104K SF | 7 | 1926 | $5.58 |
| 447 Atlantic Avenue | 47K SF | 5 | 2007 | $7.25 |
| 498 Fulton Street | 68K SF | 7 | 1920 | $10.73 |
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). 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
- ZIP code
- 11217
- Building type
- Office condominium (city class RB)
- Total floor area
- 204,555 SF
- Commercial floor area
- 204,555 SF
- Office
- 177,058 SF
- Retail
- 17,097 SF
- Industrial and storage
- 10,400 SF
- Height
- 10 floors
- Average floor
- About 20,500 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 2015
- Lot area
- 21,073 SF
- Zoning district
- C6-4
- Built FAR
- 9.71
- Max commercial FAR
- 10
- Tax lot (BBL)
- 3021067504
Nearest subway
- Nevins St
- Fulton St
- Atlantic Av-Barclays Ctr
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 9 storefronts at 41 Flatbush Avenue for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day.
- Storefronts registered for December 31, 2025
- 9
- Vacant that day
- 3
- Share vacant here
- 33.3%
- Share vacant across Downtown Brooklyn
- 12.4%
- Share vacant along Flatbush Avenue
- 11.0%
- Share vacant citywide
- 9.2%
- Condominium tax lots that filed
- 1
Vacant on December 31, by year
Own or lease out a storefront at 41 Flatbush Avenue? 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, summed over the condominium's unit lot that filed, 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
41 Flatbush Avenue is a condominium of 5 tax lots. 41 FLATBUSH OWNER, LLC, one of 2 owners of record on the roll, owns the units that make up 92% of its market value. For tax year 2026/27 the city values 41 Flatbush Avenue at $46.6 million and assesses it at $21 million. After phase-ins and exemptions its taxable value is $19.1 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 $2.07 million a year before abatements, roughly $10.12 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.
- Largest unit owner
- 41 FLATBUSH OWNER, LLC (92% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $46,575,073
- Land market value
- $2,544,000
- Assessed value
- $20,958,784
- Taxable value (phased in)
- $19,073,948
- Estimated yearly tax
- About $2.07 million
- Tax per SF of floor area
- About $10.12
- Condominium tax lots
- 5
- Owners of record
- 2
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, summed over 5 condominium tax lots; 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.
Own or manage 41 Flatbush Avenue? 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
41 Flatbush Avenue reported an ENERGY STAR score of 92 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 26.7 kBtu per square foot, less than half the national median of 57.9 for a similar property. Its greenhouse gas emissions were about 668 metric tons of CO2e (2.88 kg per square foot).
- ENERGY STAR score (2024)
- 92 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 26.7 kBtu/SF
- National median for the type
- 57.9 kBtu/SF
- Greenhouse gas emissions
- 668 t CO2e
- Emissions per SF
- 2.88 kg CO2e
- Floor area in the filing
- 232,171 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, 41 Flatbush Avenue comes to about 502 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,760 tons for 2024 to 2029 (29% of the limit), so it would owe no penalty. From 2030 the limit drops to 613 tons and the same energy use counts as about 272 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 1,760 t CO2e
- Estimated emissions
- 502 t CO2e
- Under the limit by
- 1,258 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 613 t CO2e
- Estimated emissions
- 272 t CO2e
- Under the limit by
- 341 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 212,448 SF; Retail Store 19,723 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.
Own or manage 41 Flatbush Avenue? List a space here free and we match it against every active requirement.
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 6 jobs at 41 Flatbush Avenue. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 1, was first permitted in January 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $54,000). A sidewalk shed permit here is active until December 19, 2026.
- New jobs, last 12 months
- 6
- Initial permits, last 12 months
- 12
- Newest job first permitted
- April 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 and 2, cellar
- Sidewalk shed permit
- Active until Dec 19, 2026
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 41 Flatbush Avenue
How big is 41 Flatbush Avenue?
41 Flatbush Avenue has about 205,000 square feet of floor area in total, including 177,000 square feet of office, 17,000 square feet of retail and 10,000 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 41 Flatbush Avenue built?
City records list 1920 as the year built, with a major alteration recorded in 2015. The building is 10 floors tall.
What is the ZIP code of 41 Flatbush Avenue?
41 Flatbush Avenue is in ZIP code 11217, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 41 Flatbush Avenue, Brooklyn, NY 11217, in Downtown Brooklyn.
What is the zoning at 41 Flatbush Avenue?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.71 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 41 Flatbush Avenue?
The closest subway station to 41 Flatbush Avenue is Nevins St (the 2, 3, 4 and 5 trains), about 400 feet away in a straight line, roughly 1 minute on foot. Also nearby: Fulton St (the G train), 4 min walk; Atlantic Av-Barclays Ctr (the 2, 3, 4, 5, B, D, N, Q and R trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 41 Flatbush Avenue?
41 Flatbush Avenue is a condominium of 5 tax lots. 41 FLATBUSH OWNER, LLC, one of 2 owners of record on the roll, owns the units that make up 92% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 3021067504). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
What is the energy grade of 41 Flatbush Avenue?
41 Flatbush Avenue reported an ENERGY STAR score of 92 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 92 earns an A. 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 26.7 kBtu per square foot, less than half the national median of 57.9 for a similar property. Its greenhouse gas emissions were about 668 metric tons of CO2e (2.88 kg per square foot).
Does 41 Flatbush Avenue meet Local Law 97?
At its 2024 energy use, 41 Flatbush Avenue comes to about 502 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,760 tons for 2024 to 2029 (29% of the limit), so it would owe no penalty. From 2030 the limit drops to 613 tons and the same energy use counts as about 272 tons, still under the limit. 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.
Is there construction at 41 Flatbush Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 6 jobs at 41 Flatbush Avenue. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 1, was first permitted in January 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $54,000). A sidewalk shed permit here is active until December 19, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 3021067504. 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 41 Flatbush Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $19.1 million for 41 Flatbush Avenue (the sum of its 5 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.07 million a year, roughly $10.12 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3021067504 show the actual bill.
What is the assessed value of 41 Flatbush Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 41 Flatbush Avenue at $46.6 million ($2.54 million of it land) and its assessed value at $21 million, the 45% of market value the city assesses for Class 4 property.
Are there vacant storefronts at 41 Flatbush Avenue?
Owners registered 9 storefronts at 41 Flatbush Avenue for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. 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 41 Flatbush Avenue?
No space at 41 Flatbush 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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