Commercial condominium · Downtown Brooklyn, Brooklyn
422 Fulton Street
Brooklyn, NY 11201
422 Fulton Street is a 12-floor commercial condominium in Downtown Brooklyn, Brooklyn, built in 1920, with about 195,000 square feet of office space according to city records.
Also at 422-438 Fulton Street, 14-30 Hoyt Street and 179-181 Livingston Street.
- Office space
- 195K SF
- Floors
- 12
- Year built
- 1920
- Zoning
- C5-4
The 29th 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 422 Fulton Street compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 422 Fulton Street ranks 2nd of 7 by office floor area. It went up in 1920; the median neighbor dates from 1920. Its estimated property tax, about $8.57 a square foot of floor area before abatements, is above the neighbors' median of $6.54.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 422 Fulton Street | 195K SF | 12 | 1920 | $8.57 | n/a |
| 177 Livingston Street | 86K SF | 7 | 1890 | $2.70 | n/a |
| 180 Livingston Street | 242K SF | 6 | 1900 | $6.69 | n/a |
| 485 Fulton Street | 102K SF | 5 | 1921 | $18.12 | Sep 2026, $83.5M (2 lots) |
| 166 Livingston Street | 61K SF | 4 | 1920 | $6.39 | n/a |
| 32 Smith Street | 187K SF | 18 | 1959 | $18.20 | n/a |
| 25 Elm Place | 115K SF | 6 | 1920 | $5.55 | Mar 2026, $40M |
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
- 422-438 Fulton Street; 14-30 Hoyt Street; 179-181 Livingston Street
- ZIP code
- 11201
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 878,237 SF
- Commercial floor area
- 878,237 SF
- Office
- 194,776 SF
- Retail
- 683,461 SF
- Height
- 12 floors
- Year built
- 1920
- Lot area
- 76,094 SF
- Zoning district
- C5-4
- Built FAR
- 11.54
- Max commercial FAR
- 10
- Tax lot (BBL)
- 3001567502
Nearest subway
- Hoyt St
- Jay St-MetroTech
- Hoyt-Schermerhorn Sts
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 3 storefronts at 422 Fulton Street for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 1 did.
- Storefronts registered for December 31, 2025
- 3
- Vacant that day
- 2
- Share vacant across Downtown Brooklyn
- 12.4%
- Share vacant along Fulton Street
- 11.4%
- Share vacant citywide
- 9.2%
- Condominium tax lots that filed
- 2
Vacant on December 31, by year
Own or lease out a storefront at 422 Fulton Street? 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 lots 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
422 Fulton Street is a condominium of 11 tax lots. 422 FULTON STREET OWNER LLC, one of 6 owners of record on the roll, owns the units that make up 50% of its market value. For tax year 2026/27 the city values 422 Fulton Street at $212.8 million and assesses it at $95.8 million. After phase-ins and exemptions its taxable value is $69.4 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 $7.53 million a year before abatements, roughly $8.57 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
- 422 FULTON STREET OWNER LLC (50% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $212,840,001
- Land market value
- $18,500,000
- Assessed value
- $95,778,004
- Taxable value (phased in)
- $91,679,444
- Exemptions
- $22,273,087
- Estimated yearly tax
- About $7.53 million
- Tax per SF of floor area
- About $8.57
- Condominium tax lots
- 11
- Owners of record
- 6
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 11 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 422 Fulton Street? 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 use and emissions
422 Fulton Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 107.3 kBtu per square foot, 57% above the national median of 68.3 for a similar property. Its greenhouse gas emissions were about 5,091 metric tons of CO2e (8.18 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 107.3 kBtu/SF
- National median for the type
- 68.3 kBtu/SF
- Greenhouse gas emissions
- 5,091 t CO2e
- Emissions per SF
- 8.18 kg CO2e
- Floor area in the filing
- 622,150 SF
- Tax lots in the filing
- 2
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, one filing for 2 tax lots), 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 422 Fulton Street comes to about 4,333 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 5,314 tons for 2024 to 2029 (82% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,520 tons and the same energy use counts as about 3,282 tons, about 1,762 tons over, or an estimated $472,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 5,314 t CO2e
- Estimated emissions
- 4,333 t CO2e
- Under the limit by
- 981 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 1,520 t CO2e
- Estimated emissions
- 3,282 t CO2e
- Over the limit by
- 1,762 t CO2e
- Estimated penalty a year
- $472,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 360,847 SF; College/University 261,303 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. The filing covers 2 tax lots together, so these figures are for the whole property.
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 422 Fulton Street? 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 422 Fulton Street. In the last two years, interior work was permitted on 13 floors (floors 1 to 13, the cellar, the mezzanine and the sub-cellar). The newest build-out, on floors 3 and 4, was first permitted in August 2026 (construction; filed cost estimate $175,000). A sidewalk shed permit here is active until January 1, 2027.
- New jobs, last 12 months
- 6
- Initial permits, last 12 months
- 19
- Newest job first permitted
- August 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 13, cellar, mezzanine, sub-cellar
- Facade and sidewalk jobs, last 24 months
- 2
- Sidewalk shed permit
- Active until Jan 1, 2027
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 422 Fulton Street
How big is 422 Fulton Street?
422 Fulton Street has about 878,000 square feet of floor area in total, including 195,000 square feet of office and 683,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 422 Fulton Street built?
City records list 1920 as the year built. The building is 12 floors tall.
What other addresses does 422 Fulton Street have?
City records list 422-438 Fulton Street, 14-30 Hoyt Street and 179-181 Livingston Street on the same tax lot (BBL 3001567502) as 422 Fulton Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 422 Fulton Street?
422 Fulton Street is in ZIP code 11201, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 422 Fulton Street, Brooklyn, NY 11201, in Downtown Brooklyn.
What is the zoning at 422 Fulton Street?
The lot is in the C5-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.54 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 422 Fulton Street?
The closest subway station to 422 Fulton Street is Hoyt St (the 2 and 3 trains), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as partly accessible. Also nearby: Jay St-MetroTech (the A, C, F and R trains), 3 min walk; Hoyt-Schermerhorn Sts (the A, C and G trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 422 Fulton Street?
422 Fulton Street is a condominium of 11 tax lots. 422 FULTON STREET OWNER LLC, one of 6 owners of record on the roll, owns the units that make up 50% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 3001567502). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Does 422 Fulton Street have an energy grade?
422 Fulton Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 107.3 kBtu per square foot, 57% above the national median of 68.3 for a similar property. Its greenhouse gas emissions were about 5,091 metric tons of CO2e (8.18 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Does 422 Fulton Street meet Local Law 97?
At its 2024 energy use, 422 Fulton Street comes to about 4,333 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 5,314 tons for 2024 to 2029 (82% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,520 tons and the same energy use counts as about 3,282 tons, about 1,762 tons over, or an estimated $472,000 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.
Is there construction at 422 Fulton Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 6 jobs at 422 Fulton Street. In the last two years, interior work was permitted on 13 floors (floors 1 to 13, the cellar, the mezzanine and the sub-cellar). The newest build-out, on floors 3 and 4, was first permitted in August 2026 (construction; filed cost estimate $175,000). A sidewalk shed permit here is active until January 1, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 3001567502. 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 422 Fulton Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $69.4 million for 422 Fulton Street (the sum of its 11 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 $7.53 million a year, roughly $8.57 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3001567502 show the actual bill.
What is the assessed value of 422 Fulton Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 422 Fulton Street at $212.8 million ($18.5 million of it land) and its assessed value at $95.8 million, the 45% of market value the city assesses for Class 4 property.
Are there vacant storefronts at 422 Fulton Street?
Owners registered 3 storefronts at 422 Fulton Street for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. A year earlier, none of 1 did. 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 422 Fulton Street?
No space at 422 Fulton 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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