575 Degraw Street

575 Degraw Street has about 40,000 square feet of floor area in total, including 40,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1950 as the year built, with a major alteration recorded in 2013. The building is 1 floor tall.

City records list 191-207 3rd Avenue, 575-595 Degraw Street and 280-298 Douglass Street on the same tax lot (BBL 3004200001) as 575 Degraw Street. A space listed on Leasemark at any of these addresses shows up on this page.

575 Degraw Street is in ZIP code 11217, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 575 Degraw Street, Brooklyn, NY 11217, in Gowanus.

The lot is in the M1-4/R7X zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 2 for this lot.

The closest subway station to 575 Degraw Street is Union St (the R train), about 900 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Atlantic Av-Barclays Ctr (the 2, 3, 4, 5, B, D, N, Q and R trains), 8 min walk; Bergen St (the 2 and 3 trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists JAEZ HOLDINGS DE LLC as the owner of record of 575 Degraw Street (BBL 3004200001). 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.

575 Degraw Street last sold in January 2008 for $10.5 million, according to the deed recorded with the city. ABADI HOLDINGS LLC, PRECENTAGE INT. 20.00%, EZ HOLDINGS LLC, PRECENTAGE INT. 35.09% and others sold it to JAEZ REALTY LLC. The deed is ACRIS document 2008011100261002 (BBL 3004200001) 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.

575 Degraw Street'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 71.1 kBtu per square foot, 21% above the national median of 58.6 for a similar property. Its greenhouse gas emissions were about 236 metric tons of CO2e (5.95 kg per square foot).

At its 2024 energy use, 575 Degraw Street comes to about 194 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 392 tons for 2024 to 2029 (49% of the limit), so it would owe no penalty. From 2030 the limit drops to 157 tons and the same energy use counts as about 135 tons, still under the limit. 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.

The Department of Buildings issued no permits for new jobs at 575 Degraw Street in the 12 months to October 2026; the last one was first permitted in June 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 3004200001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.24 million for 575 Degraw Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $351,299 a year, roughly $8.85 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3004200001 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 575 Degraw Street at $8.09 million ($2 million of it land) and its assessed value at $3.64 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 40% from 2022/23 ($5.76 million) to 2026/27.

No space at 575 Degraw 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.