Warehouse · Sunset Park, Brooklyn
4201 1st Avenue
Brooklyn, NY 11232
4201 1st Avenue is a 4-floor warehouse in Sunset Park, Brooklyn, built in 1907, with about 115,000 square feet of industrial and storage space according to city records.
Also at 4201-4223 1st Avenue, 102-146 42nd Street and 101-143 43rd Street.
- Industrial and storage space
- 115K SF
- Floors
- 4
- Year built
- 1907
- Zoning
- M3-1
The 14th largest of the 31 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors
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Compared with its neighbors
How 4201 1st Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 4201 1st Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 1907; the median neighbor dates from 1913. Its estimated property tax, about $3.76 a square foot of floor area before abatements, is below the neighbors' median of $4.26.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 4201 1st Avenue | 115K SF | 4 | 1907 | $3.76 | n/a |
| 4312 2nd Avenue | 581K SF | 6 | 1917 | $5.39 | n/a |
| 142 44th Street | 38K SF | 1 | 1900 | $5.62 | n/a |
| 4000 1st Avenue | 374K SF | 8 | 1926 | $3.33 | Apr 2004, $44M (2 lots) |
| 201 42nd Street | 103K SF | 3 | 1910 | $3.50 | Jul 2007, $8.8M |
| 116 39th Street | 42K SF | 3 | 1931 | $3.98 | n/a |
| 4502 2nd Avenue | 38K SF | 1 | 1910 | $4.53 | 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
- 4201-4223 1st Avenue; 102-146 42nd Street; 101-143 43rd Street
- ZIP code
- 11232
- Building type
- Warehouse (city class E1)
- Total floor area
- 123,712 SF
- Commercial floor area
- 123,712 SF
- Office
- 9,043 SF
- Industrial and storage
- 114,669 SF
- Height
- 4 floors
- Average floor
- About 30,900 SF (floor area divided by floors)
- Year built
- 1907
- Last major alteration
- 1999
- Lot area
- 80,132 SF
- Zoning district
- M3-1
- Built FAR
- 1.54
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3007210001
Nearest subway
- 45 St
- 36 St
- 53 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists C R & R COMPANY LLC as the owner of record. For tax year 2026/27 the city values 4201 1st Avenue at $9.96 million and assesses it at $4.48 million. After phase-ins and exemptions its taxable value is $4.29 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 $465,246 a year before abatements, roughly $3.76 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
- C R & R COMPANY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,956,000
- Land market value
- $1,800,000
- Assessed value
- $4,480,200
- Taxable value (phased in)
- $4,288,770
- Estimated yearly tax
- About $465,246
- Tax per SF of floor area
- About $3.76
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 energy benchmarking (Local Law 84)
Energy use and emissions
4201 1st Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 21.2 kBtu per square foot, about the same as the national median of 20.4 for a similar property. Its greenhouse gas emissions were about 275 metric tons of CO2e (2.29 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Non-Refrigerated Warehouse
- Site energy use intensity
- 21.2 kBtu/SF
- National median for the type
- 20.4 kBtu/SF
- Greenhouse gas emissions
- 275 t CO2e
- Emissions per SF
- 2.29 kg CO2e
- Floor area in the filing
- 120,447 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.
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 1 job at 4201 1st Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4 and the ground floor). The newest build-out, on floor 1, the ground floor and the open space, was first permitted in October 2025 (construction, structural, curb cut; filed cost estimate $40,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 4
- Newest job first permitted
- October 2025
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 1 to 4, ground floor
Recent build-outs
New jobs by year
Build-outs across Sunset ParkWhere 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 industrial and storage space listed in Sunset Park yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 4201 1st Avenue
How big is 4201 1st Avenue?
4201 1st Avenue has about 124,000 square feet of floor area in total, including 9,000 square feet of office and 115,000 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 4201 1st Avenue built?
City records list 1907 as the year built, with a major alteration recorded in 1999. The building is 4 floors tall.
What other addresses does 4201 1st Avenue have?
City records list 4201-4223 1st Avenue, 102-146 42nd Street and 101-143 43rd Street on the same tax lot (BBL 3007210001) as 4201 1st Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 4201 1st Avenue?
4201 1st Avenue is in ZIP code 11232, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 4201 1st Avenue, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 4201 1st Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.54 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 4201 1st Avenue?
The closest subway station to 4201 1st Avenue is 45 St (the R train), about 0.4 miles away in a straight line, roughly 8 minutes on foot. Also nearby: 36 St (the D, N and R trains), 11 min walk; 53 St (the R train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 4201 1st Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists C R & R COMPANY LLC as the owner of record of 4201 1st Avenue (BBL 3007210001). 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.
Does 4201 1st Avenue have an energy grade?
4201 1st Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 21.2 kBtu per square foot, about the same as the national median of 20.4 for a similar property. Its greenhouse gas emissions were about 275 metric tons of CO2e (2.29 kg per square foot).
Is there construction at 4201 1st Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 4201 1st Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4 and the ground floor). The newest build-out, on floor 1, the ground floor and the open space, was first permitted in October 2025 (construction, structural, curb cut; filed cost estimate $40,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3007210001. 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 4201 1st Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.29 million for 4201 1st Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $465,246 a year, roughly $3.76 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3007210001 show the actual bill.
What is the assessed value of 4201 1st Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 4201 1st Avenue at $9.96 million ($1.8 million of it land) and its assessed value at $4.48 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($10.1 million) to 2026/27.
Is there industrial and storage space for lease at 4201 1st Avenue?
No space at 4201 1st 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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Sunset Park
Transit hubs in Sunset Park
- D N R at 36 St
- R at 45 St
- NYC Ferry at Sunset Park