Factory and industrial building · Canarsie, Brooklyn

723 Bristol Street

Brooklyn, NY 11236

723 Bristol Street is a 1-floor factory and industrial building in Canarsie, Brooklyn, built in 1961, with about 46,000 square feet of industrial and storage space according to city records.

Also at 723-751 Bristol Street, 738-752 Chester Street and 9815-9833 Ditmas Avenue.

Industrial and storage space
46K SF
Floors
1
Year built
1961
Zoning
M1-1

Industrial and storage space next to its nearest neighbors

  1. 9801 Avenue D3 min walk151K SF
  2. 1084 Rockaway Avenue1 min walk79K SF
  3. 723 Bristol StreetThis building46K SF

The 19th largest of the 25 industrial and storage buildings we track in Canarsie. Compare it with 6 neighbors

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Compared with its neighbors

How 723 Bristol Street compares

Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 723 Bristol Street is the smallest by industrial and storage floor area. It went up in 1961; the median neighbor dates from 1969. Its estimated property tax, about $2.75 a square foot of floor area before abatements, is below the neighbors' median of $4.06.

723 Bristol Street 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
723 Bristol StreetThis building46K SF11961$2.75Aug 2025, $8M
1084 Rockaway Avenue1 min walk79K SF22016$6.42Oct 2017, $53M
9801 Avenue D3 min walk151K SF11970$4.02n/a
10203 Avenue D4 min walk195K SF11968$3.40n/a
414 East 101st Street5 min walk60K SF11947$3.62n/a
1250 Rockaway Avenue5 min walk147K SF21959$6.30n/a
10101 Foster Avenue6 min walk303K SF21972$4.10n/a
The 19th largest of the 25 industrial and storage buildings we track in Canarsie: 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
723-751 Bristol Street; 738-752 Chester Street; 9815-9833 Ditmas Avenue
ZIP code
11236
Building type
Factory and industrial building (city class F5)
Total floor area
45,740 SF
Commercial floor area
45,740 SF
Industrial and storage
45,740 SF
Height
1 floor
Year built
1961
Lot area
38,410 SF
Zoning district
M1-1
Built FAR
1.19
Max commercial FAR
1
Tax lot (BBL)
3036420001

Nearest subway

  • East 105 St9 min walk · Not accessible
  • Canarsie-Rockaway Pkwy11 min walk · Accessible station
  • New Lots Av12 min walk · Not accessible

Nearby large buildings

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 738 CHESTER LLC as the owner of record. For tax year 2026/27 the city values 723 Bristol Street at $2.62 million and assesses it at $1.18 million. After phase-ins and exemptions its taxable value is $1.16 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 $125,682 a year before abatements, roughly $2.75 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
738 CHESTER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$2,618,000
Land market value
$691,000
Assessed value
$1,178,100
Taxable value (phased in)
$1,158,570
Estimated yearly tax
About $125,682
Tax per SF of floor area
About $2.75

City market value by tax year

  • 2022/23$2.42 million
  • 2023/24$2.63 million
  • 2024/25$2.53 million
  • 2025/26$2.68 million
  • 2026/27$2.62 million

Market value rose 8% from 2022/23 ($2.42 million) to 2026/27.

How Canarsie 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.

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NYC property records (ACRIS)

Sales history

723 Bristol Street last sold in August 2025 for $8 million, according to the deed recorded with the city. ROYAL DEVELOPMENT, INC. sold it to 738 CHESTER LLC. That comes to about $175 per square foot of floor area.

Last sale (deed date)
August 1, 2025
Price
$8,004,750
Price per SF of floor area
About $175
Seller
ROYAL DEVELOPMENT, INC.
Buyer
738 CHESTER LLC
Deed recorded
September 10, 2025
ACRIS document
2025081300337001
All 7 building sales in Canarsie 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

723 Bristol 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 6.6 kBtu per square foot. Its greenhouse gas emissions were about 33.9 metric tons of CO2e (0.74 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Manufacturing/Industrial Plant
Site energy use intensity
6.6 kBtu/SF
Greenhouse gas emissions
33.9 t CO2e
Emissions per SF
0.74 kg CO2e
Floor area in the filing
45,740 SF

Energy sources in 2024

  • Electricity97%
  • Natural gas3%

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, 723 Bristol Street comes to about 25 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 347 tons for 2024 to 2029 (7% of the limit), so it would owe no penalty. From 2030 the limit drops to 65 tons and the same energy use counts as about 13 tons, still under the limit.

Period
2024 to 2029
Emissions limit
347 t CO2e
Estimated emissions
25 t CO2e
Under the limit by
322 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
65 t CO2e
Estimated emissions
13 t CO2e
Under the limit by
52 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 45,740 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.

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Questions about 723 Bristol Street

How big is 723 Bristol Street?

723 Bristol Street has about 46,000 square feet of floor area in total, including 46,000 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 723 Bristol Street built?

City records list 1961 as the year built. The building is 1 floor tall.

What other addresses does 723 Bristol Street have?

City records list 723-751 Bristol Street, 738-752 Chester Street and 9815-9833 Ditmas Avenue on the same tax lot (BBL 3036420001) as 723 Bristol Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 723 Bristol Street?

723 Bristol Street is in ZIP code 11236, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 723 Bristol Street, Brooklyn, NY 11236, in Canarsie.

What is the zoning at 723 Bristol Street?

The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1.19 and a maximum commercial FAR of 1 for this lot.

What subway station is closest to 723 Bristol Street?

The closest subway station to 723 Bristol Street is East 105 St (the L train), about 0.5 miles away in a straight line, roughly 9 minutes on foot. Also nearby: Canarsie-Rockaway Pkwy (the L train), 11 min walk; New Lots Av (the L train), 12 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 723 Bristol Street?

The NYC Department of Finance's 2026/27 assessment roll lists 738 CHESTER LLC as the owner of record of 723 Bristol Street (BBL 3036420001). 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 723 Bristol Street last sold?

723 Bristol Street last sold in August 2025 for $8 million, according to the deed recorded with the city. ROYAL DEVELOPMENT, INC. sold it to 738 CHESTER LLC. That comes to about $175 per square foot of floor area. The deed is ACRIS document 2025081300337001 (BBL 3036420001) 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 723 Bristol Street have an energy grade?

723 Bristol 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 6.6 kBtu per square foot. Its greenhouse gas emissions were about 33.9 metric tons of CO2e (0.74 kg per square foot).

Does 723 Bristol Street meet Local Law 97?

At its 2024 energy use, 723 Bristol Street comes to about 25 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 347 tons for 2024 to 2029 (7% of the limit), so it would owe no penalty. From 2030 the limit drops to 65 tons and the same energy use counts as about 13 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.

What are the property taxes at 723 Bristol Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.16 million for 723 Bristol Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $125,682 a year, roughly $2.75 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3036420001 show the actual bill.

What is the assessed value of 723 Bristol Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 723 Bristol Street at $2.62 million ($691,000 of it land) and its assessed value at $1.18 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 8% from 2022/23 ($2.42 million) to 2026/27.

Is there industrial and storage space for lease at 723 Bristol Street?

No space at 723 Bristol 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.

2,492 buildings from city records

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