Factory and industrial building · Sunset Park, Brooklyn

5601 1st Avenue

Brooklyn, NY 11220

5601 1st Avenue is a 3-floor factory and industrial building in Sunset Park, Brooklyn, built in 1917, with about 39,000 square feet of industrial and storage space according to city records.

Also at 5601-5611 1st Avenue and 102-124 56th Street.

Industrial and storage space
39K SF
Floors
3
Year built
1917
Zoning
M3-1

Industrial and storage space next to its nearest neighbors

  1. 5714 1st Avenue2 min walk90K SF
  2. 5601 1st AvenueThis building39K SF
  3. 132 54th Street2 min walk36K SF

The 24th largest of the 28 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors

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Compared with its neighbors

How 5601 1st Avenue compares

Next to the 6 nearest large industrial and storage buildings, all within a 4 minute walk, 5601 1st Avenue ranks 6th of 7 by industrial and storage floor area. It went up in 1917; the median neighbor dates from 1922. Its estimated property tax, about $7.94 a square foot of floor area before abatements, is above the neighbors' median of $4.22.

5601 1st Avenue and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
5601 1st AvenueThis building39K SF31917$7.94Apr 2012, $5M
5714 1st Avenue2 min walk90K SF21917$3.99Jun 2022, $19.9M
132 54th Street2 min walk36K SF11920$4.22n/a
170 53rd Street3 min walk162K SF31925$5.13n/a
150 52nd Street4 min walk82K SF21918$6.06n/a
5600 1st Avenue4 min walk316K SF21974Exemptn/a
5801 2nd Avenue4 min walk108K SF31931$4.05n/a
The 24th largest of the 28 industrial and storage buildings we track in Sunset Park: see the full list

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
5601-5611 1st Avenue; 102-124 56th Street
ZIP code
11220
Building type
Factory and industrial building (city class F1)
Total floor area
39,432 SF
Commercial floor area
39,432 SF
Industrial and storage
39,432 SF
Height
3 floors
Average floor
About 13,100 SF (floor area divided by floors)
Year built
1917
Last major alteration
2015
Lot area
20,600 SF
Zoning district
M3-1
Built FAR
1.91
Max commercial FAR
2
Tax lot (BBL)
3008360005

Nearest subway

  • 59 St9 min walk · Accessible station
  • 53 St9 min walk · Not accessible
  • 45 St13 min walk · Not accessible

Nearby large buildings

All 8 large industrial buildings on 1st Avenue

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 5601 REALTY LLC as the owner of record. For tax year 2026/27 the city values 5601 1st Avenue at $7.49 million and assesses it at $3.37 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 $312,989 a year before abatements, roughly $7.94 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
5601 REALTY LLC
Tax class
Class 4 (commercial and industrial)
City market value
$7,492,000
Land market value
$824,000
Assessed value
$3,371,400
Taxable value (phased in)
$2,885,220
Estimated yearly tax
About $312,989
Tax per SF of floor area
About $7.94

City market value by tax year

  • 2022/23$5.46 million
  • 2023/24$5.98 million
  • 2024/25$6.53 million
  • 2025/26$6.59 million
  • 2026/27$7.49 million

Market value rose 37% from 2022/23 ($5.46 million) to 2026/27.

How Sunset Park compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 5601 1st Avenue? List a space here free and we match it against every active requirement.

NYC property records (ACRIS)

Sales history

5601 1st Avenue last sold in April 2012 for $5 million, according to the deed recorded with the city. SHORECOR REALTY LLC. sold it to 5601 REALTY LLC.

Last sale (deed date)
April 3, 2012
Price
$5,000,000
Seller
SHORECOR REALTY LLC.
Buyer
5601 REALTY LLC
Deed recorded
April 12, 2012
ACRIS document
2012040401124001
All 5 building sales in Sunset Park since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-09; 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.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

5601 1st Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 158.4 kBtu per square foot. Its greenhouse gas emissions were about 469 metric tons of CO2e (11.11 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Manufacturing/Industrial Plant
Site energy use intensity
158.4 kBtu/SF
Greenhouse gas emissions
469 t CO2e
Emissions per SF
11.11 kg CO2e
Floor area in the filing
42,192 SF

Energy sources in 2024

  • Natural gas73%
  • Electricity27%

Share of the energy used on site, as filed.

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 5601 1st Avenue comes to about 413 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 320 tons for 2024 to 2029: about 93 tons over, an estimated penalty of $25,000 a year. From 2030 the limit drops to 60 tons and the same energy use counts as about 336 tons, about 276 tons over, or an estimated $74,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
320 t CO2e
Estimated emissions
413 t CO2e
Over the limit by
93 t CO2e
Estimated penalty a year
$25,000
Period
2030 to 2034
Emissions limit
60 t CO2e
Estimated emissions
336 t CO2e
Over the limit by
276 t CO2e
Estimated penalty a year
$74,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 42,192 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.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

Own or manage 5601 1st Avenue? List a space here free and we match it against every active requirement.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 5601 1st Avenue in the 12 months to October 2026; the last one was first permitted in November 2024. A sidewalk shed permit here is active until November 17, 2026.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
November 2024
Interior build-outs, last 24 months
0
Facade and sidewalk jobs, last 24 months
1
Sidewalk shed permit
Active until Nov 17, 2026

New jobs by year

  • 20210
  • 20220
  • 20231
  • 20241
  • 20250
  • 2026 to date0

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 5601 1st 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

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 5601 1st Avenue

How big is 5601 1st Avenue?

5601 1st Avenue has about 39,000 square feet of floor area in total, including 39,000 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 5601 1st Avenue built?

City records list 1917 as the year built, with a major alteration recorded in 2015. The building is 3 floors tall.

What other addresses does 5601 1st Avenue have?

City records list 5601-5611 1st Avenue and 102-124 56th Street on the same tax lot (BBL 3008360005) as 5601 1st Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 5601 1st Avenue?

5601 1st Avenue is in ZIP code 11220, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 5601 1st Avenue, Brooklyn, NY 11220, in Sunset Park.

What is the zoning at 5601 1st Avenue?

The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.91 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 5601 1st Avenue?

The closest subway station to 5601 1st Avenue is 59 St (the N and R trains), about 0.4 miles away in a straight line, roughly 9 minutes on foot. The MTA lists it as an accessible station. Also nearby: 53 St (the R train), 9 min walk; 45 St (the R train), 13 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 5601 1st Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 5601 REALTY LLC as the owner of record of 5601 1st Avenue (BBL 3008360005). 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 5601 1st Avenue last sold?

5601 1st Avenue last sold in April 2012 for $5 million, according to the deed recorded with the city. SHORECOR REALTY LLC. sold it to 5601 REALTY LLC. The deed is ACRIS document 2012040401124001 (BBL 3008360005) 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 5601 1st Avenue have an energy grade?

5601 1st Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 158.4 kBtu per square foot. Its greenhouse gas emissions were about 469 metric tons of CO2e (11.11 kg per square foot).

Does 5601 1st Avenue meet Local Law 97?

At its 2024 energy use, 5601 1st Avenue comes to about 413 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 320 tons for 2024 to 2029: about 93 tons over, an estimated penalty of $25,000 a year. From 2030 the limit drops to 60 tons and the same energy use counts as about 336 tons, about 276 tons over, or an estimated $74,000 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 5601 1st Avenue?

The Department of Buildings issued no permits for new jobs at 5601 1st Avenue in the 12 months to October 2026; the last one was first permitted in November 2024. A sidewalk shed permit here is active until November 17, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 3008360005. 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 5601 1st Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.89 million for 5601 1st Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $312,989 a year, roughly $7.94 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3008360005 show the actual bill.

What is the assessed value of 5601 1st Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 5601 1st Avenue at $7.49 million ($824,000 of it land) and its assessed value at $3.37 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 37% from 2022/23 ($5.46 million) to 2026/27.

Is there industrial and storage space for lease at 5601 1st Avenue?

No space at 5601 1st 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

Look up another building

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.