Warehouse · Sunset Park, Brooklyn
52 39th Street
Brooklyn, NY 11232
52 39th Street is an 8-floor warehouse in Sunset Park, Brooklyn, built in 1917, with about 276,000 square feet of industrial and storage space according to city records.
Also at 52-74 39th Street.
- Industrial and storage space
- 276K SF
- Floors
- 8
- Year built
- 1917
- Zoning
- M3-1
The 7th 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 52 39th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 52 39th Street ranks 4th of 7 by industrial and storage floor area. It went up in 1917; the median neighbor dates from 1921. Its estimated property tax, about $1.81 a square foot of floor area before abatements, is below the neighbors' median of $3.87.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 52 39th Street | 276K SF | 8 | 1917 | $1.81 |
| 76 39th Street | 346K SF | 8 | 1917 | $2.16 |
| 4000 1st Avenue | 374K SF | 8 | 1926 | $3.33 |
| 116 39th Street | 42K SF | 3 | 1931 | $3.98 |
| 4201 1st Avenue | 115K SF | 4 | 1907 | $3.76 |
| 4312 2nd Avenue | 581K SF | 6 | 1917 | $5.39 |
| 3913 2nd Avenue | 128K SF | 5 | 1927 | $4.13 |
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
- 52-74 39th Street
- ZIP code
- 11232
- Building type
- Warehouse (city class E9)
- Total floor area
- 275,835 SF
- Commercial floor area
- 275,835 SF
- Industrial and storage
- 275,835 SF
- Height
- 8 floors
- Average floor
- About 34,500 SF (floor area divided by floors)
- Year built
- 1917
- Lot area
- 64,917 SF
- Zoning district
- M3-1
- Built FAR
- 4.25
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3007060026
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 19-20 BUSH TERMINAL OWNER LP as the owner of record. For tax year 2026/27 the city values 52 39th Street at $10.7 million and assesses it at $4.8 million. After phase-ins and exemptions its taxable value is $4.6 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 $499,178 a year before abatements, roughly $1.81 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
- 19-20 BUSH TERMINAL OWNER LP
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $10,660,000
- Land market value
- $1,623,000
- Assessed value
- $4,797,000
- Taxable value (phased in)
- $4,601,569
- Estimated yearly tax
- About $499,178
- Tax per SF of floor area
- About $1.81
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 Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 52 39th Street in the 12 months to October 2026; the last one was first permitted in October 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- October 2021
- Interior build-outs, last 24 months
- 0
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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Questions about 52 39th Street
How big is 52 39th Street?
52 39th Street has about 276,000 square feet of floor area in total, including 276,000 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 52 39th Street built?
City records list 1917 as the year built. The building is 8 floors tall.
What other addresses does 52 39th Street have?
City records list 52-74 39th Street on the same tax lot (BBL 3007060026) as 52 39th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 52 39th Street?
52 39th Street 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 52 39th Street, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 52 39th Street?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.25 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 52 39th Street?
The closest subway station to 52 39th Street is 36 St (the D, N and R trains), about 0.6 miles away in a straight line, roughly 12 minutes on foot. Also nearby: 45 St (the R train), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 52 39th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 19-20 BUSH TERMINAL OWNER LP as the owner of record of 52 39th Street (BBL 3007060026). 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 52 39th Street?
The Department of Buildings issued no permits for new jobs at 52 39th Street in the 12 months to October 2026; the last one was first permitted in October 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3007060026. 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 52 39th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.6 million for 52 39th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $499,178 a year, roughly $1.81 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3007060026 show the actual bill.
What is the assessed value of 52 39th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 52 39th Street at $10.7 million ($1.62 million of it land) and its assessed value at $4.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2023/24 ($9.99 million) to 2026/27.
Is there industrial and storage space for lease at 52 39th Street?
No space at 52 39th 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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Sunset Park
Transit hubs in Sunset Park
- D N R at 36 St
- R at 45 St
- NYC Ferry at Sunset Park