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
Warehouse · Sunset Park, Brooklyn
Brooklyn, NY 11232
4802 2nd Avenue is a 1-floor warehouse in Sunset Park, Brooklyn, built in 1920, with about 40,000 square feet of industrial and storage space according to city records.
Also at 4802-4812 2nd Avenue and 136-184 48th Street.
The 22nd largest of the 28 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors
No space at 4802 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.
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Compared with its neighbors
Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 4802 2nd Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1920; the median neighbor dates from 1919. Its estimated property tax, about $7.80 a square foot of floor area before abatements, is above the neighbors' median of $6.07.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 4802 2nd Avenue | 40K SF | 1 | 1920 | $7.80 | n/a |
| 4820 2nd Avenue | 40K SF | 1 | 1920 | $8.64 | n/a |
| 5002 2nd Avenue | 139K SF | 3 | 2017 | $6.32 | Feb 2020, $48.8M |
| 4502 2nd Avenue | 38K SF | 1 | 1910 | $4.53 | n/a |
| 5112 2nd Avenue | 187K SF | 3 | 1920 | $6.07 | Dec 2021, $85M |
| 142 44th Street | 38K SF | 1 | 1900 | $5.62 | n/a |
| 150 52nd Street | 82K SF | 2 | 1918 | $6.06 | 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
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
The Department of Finance lists GPM 48TH ST LLC as the owner of record. For tax year 2026/27 the city values 4802 2nd Avenue at $7.41 million and assesses it at $3.33 million. After phase-ins and exemptions its taxable value is $2.89 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 $313,994 a year before abatements, roughly $7.80 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.
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 4802 2nd Avenue? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
4802 2nd Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
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 2026-10-09; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
No live requirements for industrial and storage space in Sunset Park yet. These labeled examples show what tenants post. List a space in 4802 2nd Avenue and we match it against every new one automatically.
Posted by the buyer · Food production
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4802 2nd Avenue has about 40,000 square feet of floor area in total, including 40,000 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.
City records list 1920 as the year built. The building is 1 floor tall.
City records list 4802-4812 2nd Avenue and 136-184 48th Street on the same tax lot (BBL 3007710015) as 4802 2nd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
4802 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 4802 2nd Avenue, Brooklyn, NY 11232, in Sunset Park.
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.92 and a maximum commercial FAR of 2 for this lot.
The closest subway station to 4802 2nd Avenue is 45 St (the R train), about 0.4 miles away in a straight line, roughly 7 minutes on foot. Also nearby: 53 St (the R train), 8 min walk; 59 St (the N and R trains), 13 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists GPM 48TH ST LLC as the owner of record of 4802 2nd Avenue (BBL 3007710015). 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.
4802 2nd Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.89 million for 4802 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 $313,994 a year, roughly $7.80 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3007710015 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 4802 2nd Avenue at $7.41 million ($1.31 million of it land) and its assessed value at $3.33 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($5.38 million) to 2026/27.
No space at 4802 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.
2,492 buildings from city records
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
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