Warehouse · East New York, Brooklyn
554 Cozine Avenue
Brooklyn, NY 11208
554 Cozine Avenue is a 1-floor warehouse in East New York, Brooklyn, built in 2019, with about 106,000 square feet of industrial and storage space according to city records.
Also at 754-810 Atkins Avenue, 759-815 Berriman Street, 554-576 Cozine Avenue and 12553-12575 Flatlands Avenue.
- Industrial and storage space
- 106K SF
- Floors
- 1
- Year built
- 2019
- Zoning
- M1-1
The 3rd largest of the 22 industrial and storage buildings we track in East New York. Compare it with 6 neighbors
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Compared with its neighbors
How 554 Cozine Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 5 minute walk, 554 Cozine Avenue ranks 3rd of 7 by industrial and storage floor area. It went up in 2019; the median neighbor dates from 1964. Its estimated property tax, about $15.30 a square foot of floor area before abatements, is above the neighbors' median of $4.97.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 554 Cozine Avenue | 106K SF | 1 | 2019 | $15.30 | Apr 2022, $228M (3 lots) |
| 578 Cozine Avenue | 106K SF | 1 | 2019 | $13.91 | Apr 2022, $228M (3 lots) |
| 530 Cozine Avenue | 93K SF | 1 | 1966 | $4.70 | Aug 2005, $9.2M |
| 714 Montauk Avenue | 60K SF | 1 | 1962 | $4.82 | n/a |
| 1101 Linwood Street | 137K SF | 2 | 1960 | $5.06 | n/a |
| 830 Fountain Avenue | 279K SF | 1 | 2014 | $9.24 | Jan 2014, $40M |
| 625 Wortman Avenue | 58K SF | 1 | 1963 | $4.87 | Nov 2022, $29.4M |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 754-810 Atkins Avenue; 759-815 Berriman Street; 554-576 Cozine Avenue; 12553-12575 Flatlands Avenue
- ZIP code
- 11208
- Building type
- Warehouse (city class E1)
- Total floor area
- 105,549 SF
- Commercial floor area
- 105,549 SF
- Industrial and storage
- 105,549 SF
- Height
- 1 floor
- Year built
- 2019
- Lot area
- 97,000 SF
- Zoning district
- M1-1
- Built FAR
- 1.09
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3045600001
Nearest subway
- New Lots Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 USLP BROOKLYN LOGISTICS CENTER LP as the owner of record. For tax year 2026/27 the city values 554 Cozine Avenue at $35 million and assesses it at $15.8 million. After phase-ins and exemptions its taxable value is $14.9 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 $1.62 million a year before abatements, roughly $15.30 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
- USLP BROOKLYN LOGISTICS CENTER LP
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $35,010,000
- Land market value
- $2,000,000
- Assessed value
- $15,754,500
- Taxable value (phased in)
- $14,889,510
- Estimated yearly tax
- About $1.62 million
- Tax per SF of floor area
- About $15.30
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 2026-10-03; 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.
NYC property records (ACRIS)
Sales history
554 Cozine Avenue last sold in April 2022 in a $228.4 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. BROOKLYN LOGISITICS CENTER LLC and FLATLANDS PARKING II LLC sold it to USLP BROOKLYN LOGISTICS CENTER LP.
- Last sale (deed date)
- April 1, 2022
- Combined price
- $228,447,600 for 3 tax lots
- Seller
- BROOKLYN LOGISITICS CENTER LLC and FLATLANDS PARKING II LLC
- Buyer
- USLP BROOKLYN LOGISTICS CENTER LP
- Deed recorded
- April 26, 2022
- ACRIS document
- 2022040801157001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out; a price for several tax lots is the combined price, not this building's alone.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
554 Cozine 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 91.9 kBtu per square foot, 2.2 times the national median of 42 for a similar property. Its greenhouse gas emissions were about 1,175 metric tons of CO2e (5.56 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)
- Distribution Center
- Site energy use intensity
- 91.9 kBtu/SF
- National median for the type
- 42 kBtu/SF
- Greenhouse gas emissions
- 1,175 t CO2e
- Emissions per SF
- 5.56 kg CO2e
- Floor area in the filing
- 211,102 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 2026-10-03; 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
The Department of Buildings issued no permits for new jobs at 554 Cozine Avenue in the 12 months to October 2026; the last one was first permitted in June 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- June 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across East New YorkWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-03 (permits issued through 2026-10-01). 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.
Before you sign
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Questions about 554 Cozine Avenue
How big is 554 Cozine Avenue?
554 Cozine Avenue has about 106,000 square feet of floor area in total, including 106,000 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 554 Cozine Avenue built?
City records list 2019 as the year built. The building is 1 floor tall.
What other addresses does 554 Cozine Avenue have?
City records list 754-810 Atkins Avenue, 759-815 Berriman Street, 554-576 Cozine Avenue and 12553-12575 Flatlands Avenue on the same tax lot (BBL 3045600001) as 554 Cozine Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 554 Cozine Avenue?
554 Cozine Avenue is in ZIP code 11208, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 554 Cozine Avenue, Brooklyn, NY 11208, in East New York.
What is the zoning at 554 Cozine Avenue?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.09 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 554 Cozine Avenue?
The closest subway station to 554 Cozine Avenue is New Lots Av (the 3 train), about 0.8 miles away in a straight line, roughly 16 minutes on foot. Walking times are straight-line estimates; the street route is longer.
Who owns 554 Cozine Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists USLP BROOKLYN LOGISTICS CENTER LP as the owner of record of 554 Cozine Avenue (BBL 3045600001). 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.
When was 554 Cozine Avenue last sold?
554 Cozine Avenue last sold in April 2022 in a $228.4 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. BROOKLYN LOGISITICS CENTER LLC and FLATLANDS PARKING II LLC sold it to USLP BROOKLYN LOGISTICS CENTER LP. The deed is ACRIS document 2022040801157001 (BBL 3045600001) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Does 554 Cozine Avenue have an energy grade?
554 Cozine 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 91.9 kBtu per square foot, 2.2 times the national median of 42 for a similar property. Its greenhouse gas emissions were about 1,175 metric tons of CO2e (5.56 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Is there construction at 554 Cozine Avenue?
The Department of Buildings issued no permits for new jobs at 554 Cozine Avenue in the 12 months to October 2026; the last one was first permitted in June 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 3045600001. 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 554 Cozine Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $14.9 million for 554 Cozine Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.62 million a year, roughly $15.30 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3045600001 show the actual bill.
What is the assessed value of 554 Cozine Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 554 Cozine Avenue at $35 million ($2 million of it land) and its assessed value at $15.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 15% from 2022/23 ($30.4 million) to 2026/27.
Is there industrial and storage space for lease at 554 Cozine Avenue?
No space at 554 Cozine 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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