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- Where
- Bushwick, Sunset Park +1
- Size
- 5,000 to 12,000 SF
- Budget
- to $5M
- Move in
- Mar 2027
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Warehouse · Bushwick, Brooklyn
8 Rewe Street
Brooklyn, NY 11211
8 Rewe Street is a 1-floor warehouse in Bushwick, Brooklyn, built in 1957, with about 49,000 square feet of industrial and storage space according to city records.
- Industrial and storage space
- 49K SF
- Floors
- 1
- Year built
- 1957
- Zoning
- M3-1
The 36th largest of the 52 industrial and storage buildings we track in Bushwick. Compare it with 6 neighbors
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Compared with its neighbors
How 8 Rewe Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 8 Rewe Street ranks 6th of 7 by industrial and storage floor area. It went up in 1957; the median neighbor dates from 1947. Its estimated property tax, about $5.70 a square foot of floor area before abatements, is close to the neighbors' median of $5.63.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 8 Rewe Street | 49K SF | 1 | 1957 | $5.70 | Jan 2005, $5M |
| 1101 Metropolitan Avenue | 60K SF | 1 | 1959 | $9.51 | May 2008, $11.5M |
| 1 Rewe Street | 75K SF | 1 | 1957 | Exempt | n/a |
| 1053 Metropolitan Avenue | 36K SF | 1 | 1926 | $5.63 | n/a |
| 340 Morgan Avenue | 90K SF | 2 | 1938 | $4.48 | n/a |
| 1150 Metropolitan Avenue | 84K SF | 1 | 1971 | $5.27 | Jan 2015, $16.1M |
| 272 Morgan Avenue | 172K SF | 5 | 1900 | $6.45 | n/a |
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
- ZIP code
- 11211
- Building type
- Warehouse (city class E1)
- Total floor area
- 49,275 SF
- Commercial floor area
- 49,275 SF
- Industrial and storage
- 49,275 SF
- Height
- 1 floor
- Year built
- 1957
- Lot area
- 84,371 SF
- Zoning district
- M3-1
- Built FAR
- 0.58
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3029270100
Nearest subway
- Grand St
- Graham Av
- Morgan Av
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 8 REWE STREET LLC as the owner of record. For tax year 2026/27 the city values 8 Rewe Street at $7.53 million and assesses it at $3.39 million. After phase-ins and exemptions its taxable value is $2.59 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 $280,799 a year before abatements, roughly $5.70 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
- 8 REWE STREET LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,533,000
- Land market value
- $1,687,000
- Assessed value
- $3,389,850
- Taxable value (phased in)
- $2,588,490
- Estimated yearly tax
- About $280,799
- Tax per SF of floor area
- About $5.70
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.
Own or manage 8 Rewe Street? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
Sales history
8 Rewe Street last sold in January 2005 for $5 million, according to the deed recorded with the city. The buyer of record was 8 REWE STREET LLC. That comes to about $101 per square foot of floor area.
- Last sale (deed date)
- January 4, 2005
- Price
- $5,000,000
- Price per SF of floor area
- About $101
- Buyer
- 8 REWE STREET LLC
- Deed recorded
- February 2, 2005
- ACRIS document
- 2005011400018001
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 Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 8 Rewe Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in December 2025 (construction; filed cost estimate $30,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- December 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across BushwickWhere 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 Bushwick yet. These labeled examples show what tenants post. List a space in 8 Rewe Street and we match it against every new one automatically.
Before you sign
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Questions about 8 Rewe Street
How big is 8 Rewe Street?
8 Rewe Street has about 49,000 square feet of floor area in total, including 49,000 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 8 Rewe Street built?
City records list 1957 as the year built. The building is 1 floor tall.
What is the ZIP code of 8 Rewe Street?
8 Rewe Street is in ZIP code 11211, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 8 Rewe Street, Brooklyn, NY 11211, in Bushwick.
What is the zoning at 8 Rewe Street?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.58 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 8 Rewe Street?
The closest subway station to 8 Rewe Street is Grand St (the L train), about 0.5 miles away in a straight line, roughly 10 minutes on foot. The MTA lists it as an accessible station. Also nearby: Graham Av (the L train), 13 min walk; Morgan Av (the L train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 8 Rewe Street?
The NYC Department of Finance's 2026/27 assessment roll lists 8 REWE STREET LLC as the owner of record of 8 Rewe Street (BBL 3029270100). 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 8 Rewe Street last sold?
8 Rewe Street last sold in January 2005 for $5 million, according to the deed recorded with the city. The buyer of record was 8 REWE STREET LLC. That comes to about $101 per square foot of floor area. The deed is ACRIS document 2005011400018001 (BBL 3029270100) 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.
Is there construction at 8 Rewe Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 8 Rewe Street. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in December 2025 (construction; filed cost estimate $30,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3029270100. 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 8 Rewe Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.59 million for 8 Rewe Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $280,799 a year, roughly $5.70 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3029270100 show the actual bill.
What is the assessed value of 8 Rewe Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 8 Rewe Street at $7.53 million ($1.69 million of it land) and its assessed value at $3.39 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 66% from 2022/23 ($4.53 million) to 2026/27.
Is there industrial and storage space for lease at 8 Rewe Street?
No space at 8 Rewe 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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Bushwick
Transit hubs in Bushwick
- L at Morgan Av
- L at Jefferson St
- J M Z at Myrtle Av