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
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Owners: got a fit?I have a fit
Warehouse · Sunset Park, Brooklyn
4502 2nd Avenue
Brooklyn, NY 11232
4502 2nd Avenue is a 1-floor warehouse in Sunset Park, Brooklyn, built in 1910, with about 38,000 square feet of industrial and storage space according to city records.
Also at 4508 2nd Avenue.
- Industrial and storage space
- 38K SF
- Floors
- 1
- Year built
- 1910
- Zoning
- M3-1
The 25th largest of the 28 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors
No space at 4502 2nd Avenue 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 Sunset Park and hear the moment a tenant posts a requirement there.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 4502 2nd Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 4502 2nd Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1910; the median neighbor dates from 1913. Its estimated property tax, about $4.53 a square foot of floor area before abatements, is below the neighbors' median of $5.51.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 4502 2nd Avenue | 38K SF | 1 | 1910 | $4.53 |
| 142 44th Street | 38K SF | 1 | 1900 | $5.62 |
| 4312 2nd Avenue | 581K SF | 6 | 1917 | $5.39 |
| 4802 2nd Avenue | 40K SF | 1 | 1920 | $7.80 |
| 4201 1st Avenue | 115K SF | 4 | 1907 | $3.76 |
| 4820 2nd Avenue | 40K SF | 1 | 1920 | $8.64 |
| 201 42nd Street | 103K SF | 3 | 1910 | $3.50 |
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
- Other address
- 4508 2nd Avenue
- ZIP code
- 11232
- Building type
- Warehouse (city class E1)
- Total floor area
- 38,000 SF
- Commercial floor area
- 38,000 SF
- Industrial and storage
- 38,000 SF
- Height
- 1 floor
- Year built
- 1910
- Lot area
- 38,171 SF
- Zoning district
- M3-1
- Built FAR
- 1
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3007350085
Nearest subway
- 45 St
- 53 St
- 36 St
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 CDM REALTY LLC as the owner of record. For tax year 2026/27 the city values 4502 2nd Avenue at $4 million and assesses it at $1.8 million. After phase-ins and exemptions its taxable value is $1.59 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 $172,067 a year before abatements, roughly $4.53 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
- CDM REALTY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,997,000
- Land market value
- $954,000
- Assessed value
- $1,798,650
- Taxable value (phased in)
- $1,586,160
- Estimated yearly tax
- About $172,067
- Tax per SF of floor area
- About $4.53
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.
Own or manage 4502 2nd 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 1 job at 4502 2nd Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in April 2026 (construction; filed cost estimate $8,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- April 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1
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 2026-10-09 (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.
What a requirement here looks like
No live requirements for industrial and storage space in Sunset Park yet. These labeled examples show what tenants post. List a space in 4502 2nd Avenue and we match it against every new one automatically.
Want · Flex / Creative / Industrial
Content studio, flex space with freight
Posted by the tenant · Media
- Where
- Sunset Park, Garment District +1
- Size
- 5,000 to 10,000 SF
- Budget
- to $45/SF
- Move in
- Nov 2026
Freight elevatorHigh ceilings
Owners: got a fit?I have a fit
Before you sign
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Questions about 4502 2nd Avenue
How big is 4502 2nd Avenue?
4502 2nd Avenue has about 38,000 square feet of floor area in total, including 38,000 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 4502 2nd Avenue built?
City records list 1910 as the year built. The building is 1 floor tall.
What other addresses does 4502 2nd Avenue have?
City records list 4508 2nd Avenue on the same tax lot (BBL 3007350085) as 4502 2nd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 4502 2nd Avenue?
4502 2nd 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 4502 2nd Avenue, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 4502 2nd Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 4502 2nd Avenue?
The closest subway station to 4502 2nd Avenue is 45 St (the R train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. Also nearby: 53 St (the R train), 10 min walk; 36 St (the D, N and R trains), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 4502 2nd Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists CDM REALTY LLC as the owner of record of 4502 2nd Avenue (BBL 3007350085). 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.
Is there construction at 4502 2nd Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 4502 2nd Avenue. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in April 2026 (construction; filed cost estimate $8,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3007350085. 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 4502 2nd Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.59 million for 4502 2nd Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $172,067 a year, roughly $4.53 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3007350085 show the actual bill.
What is the assessed value of 4502 2nd Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 4502 2nd Avenue at $4 million ($954,000 of it land) and its assessed value at $1.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 62% from 2022/23 ($2.47 million) to 2026/27.
Is there industrial and storage space for lease at 4502 2nd Avenue?
No space at 4502 2nd 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