Want · To buy
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
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Owners: got a fit?I have a fit
Factory and industrial building · Sunset Park, Brooklyn
714 39th Street
Brooklyn, NY 11232
714 39th Street is a 5-floor factory and industrial building in Sunset Park, Brooklyn, built in 2023, with about 47,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 47K SF
- Floors
- 5
- Year built
- 2023
- Zoning
- M1-2
The 19th largest of the 28 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors
No space at 714 39th Street 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
How 714 39th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 18 minute walk, 714 39th Street ranks 6th of 7 by industrial and storage floor area. Built in 2023, it is the newest of them. Its estimated property tax, about $7.88 a square foot of floor area before abatements, is above the neighbors' median of $4.53.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 714 39th Street | 47K SF | 5 | 2023 | $7.88 |
| 367 38th Street | 61K SF | 6 | 1910 | $4.87 |
| 607 2nd Avenue | 690K SF | 6 | 1910 | $5.85 |
| 3913 2nd Avenue | 128K SF | 5 | 1927 | $4.13 |
| 201 42nd Street | 103K SF | 3 | 1910 | $3.50 |
| 850 3rd Avenue | 587K SF | 8 | 1920 | Exempt |
| 4502 2nd Avenue | 38K SF | 1 | 1910 | $4.53 |
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
- ZIP code
- 11232
- Building type
- Factory and industrial building (city class F2)
- Total floor area
- 50,262 SF
- Commercial floor area
- 50,262 SF
- Office
- 3,184 SF
- Industrial and storage
- 47,078 SF
- Height
- 5 floors
- Average floor
- About 10,100 SF (floor area divided by floors)
- Year built
- 2023
- Lot area
- 15,025 SF
- Zoning district
- M1-2
- Built FAR
- 3.35
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3009150010
Nearest subway
- 9 Av
- 36 St
- Fort Hamilton Pkwy
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; 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 348 37TH STREET, LLC as the owner of record. For tax year 2026/27 the city values 714 39th Street at $8.15 million and assesses it at $3.67 million. After phase-ins and exemptions its taxable value is $3.65 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 $396,171 a year before abatements, roughly $7.88 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
- 348 37TH STREET, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $8,150,000
- Land market value
- $744,000
- Assessed value
- $3,667,500
- Taxable value (phased in)
- $3,652,020
- Estimated yearly tax
- About $396,171
- Tax per SF of floor area
- About $7.88
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 2026-10-09; 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.
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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 714 39th Street in the 12 months to October 2026; the last one was first permitted in July 2025. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in July 2025 (construction; filed cost estimate $45,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- July 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1 and 2, cellar
Recent build-outs
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 2026-10-09 (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 714 39th Street 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
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Questions about 714 39th Street
How big is 714 39th Street?
714 39th Street has about 50,000 square feet of floor area in total, including 3,000 square feet of office and 47,000 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 714 39th Street built?
City records list 2023 as the year built. The building is 5 floors tall.
What is the ZIP code of 714 39th Street?
714 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 714 39th Street, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 714 39th Street?
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 3.35 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 714 39th Street?
The closest subway station to 714 39th Street is 9 Av (the D train), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: 36 St (the D, N and R trains), 11 min walk; Fort Hamilton Pkwy (the D train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 714 39th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 348 37TH STREET, LLC as the owner of record of 714 39th Street (BBL 3009150010). 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 714 39th Street?
The Department of Buildings issued no permits for new jobs at 714 39th Street in the 12 months to October 2026; the last one was first permitted in July 2025. In the last two years, interior work was permitted on 2 floors (floors 1 and 2 and the cellar). The newest build-out, on floor 1 and the cellar, was first permitted in July 2025 (construction; filed cost estimate $45,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3009150010. 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 714 39th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.65 million for 714 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 $396,171 a year, roughly $7.88 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3009150010 show the actual bill.
What is the assessed value of 714 39th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 714 39th Street at $8.15 million ($744,000 of it land) and its assessed value at $3.67 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1325% from 2022/23 ($572,000) to 2026/27.
Is there industrial and storage space for lease at 714 39th Street?
No space at 714 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