Warehouse · Sunset Park, Brooklyn
850 3rd Avenue
Brooklyn, NY 11232
850 3rd Avenue is an 8-floor warehouse in Sunset Park, Brooklyn, built in 1920, with about 587,000 square feet of industrial and storage space according to city records.
Also at 509-519 2nd Avenue, 20 30th Street, 110 30th Street, 109 31st Street and 1 more.
- Industrial and storage space
- 587K SF
- Floors
- 8
- Year built
- 1920
- Zoning
- M3-1
The 2nd largest of the 31 industrial and storage buildings we track in Sunset Park. Compare it with 6 neighbors
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Compared with its neighbors
How 850 3rd Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 10 minute walk, 850 3rd Avenue ranks 2nd of 7 by industrial and storage floor area. It went up in 1920; the median neighbor dates from 1920. Its property tax is fully exempt on the city's assessment roll.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 850 3rd Avenue | 587K SF | 8 | 1920 | Exempt |
| 607 2nd Avenue | 690K SF | 6 | 1910 | $5.85 |
| 763 3rd Avenue | 44K SF | 2 | 1920 | $4.39 |
| 367 38th Street | 61K SF | 6 | 1910 | $4.87 |
| 80 21st Street | 45K SF | 1 | 1920 | $4.79 |
| 3913 2nd Avenue | 128K SF | 5 | 1927 | $4.13 |
| 116 39th Street | 42K SF | 3 | 1931 | $3.98 |
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
- Other addresses
- 509-519 2nd Avenue; 20 30th Street; 110 30th Street; 109 31st Street; 840-854 3rd Avenue
- ZIP code
- 11232
- Building type
- Warehouse (city class E9)
- Total floor area
- 1,112,855 SF
- Commercial floor area
- 1,112,855 SF
- Office
- 390,854 SF
- Retail
- 134,942 SF
- Industrial and storage
- 587,059 SF
- Height
- 8 floors
- Year built
- 1920
- Last major alteration
- 2020
- Lot area
- 153,191 SF
- Zoning district
- M3-1
- Built FAR
- 7.26
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3006710001
Nearest subway
- 36 St
- 25 St
- Prospect Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 SALMAR PROPERTIES, LLC as the owner of record. For tax year 2026/27 the city values 850 3rd Avenue at $82.8 million and assesses it at $37.2 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Owner of record
- SALMAR PROPERTIES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $82,756,000
- Land market value
- $5,362,000
- Assessed value
- $37,240,200
- Exemptions
- $37,240,200
- Estimated yearly tax
- Fully exempt on the roll
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
850 3rd 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 37.4 kBtu per square foot, about the same as the national median of 37.9 for a similar property. Its greenhouse gas emissions were about 4,160 metric tons of CO2e (3.71 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Mixed Use Property
- Site energy use intensity
- 37.4 kBtu/SF
- National median for the type
- 37.9 kBtu/SF
- Greenhouse gas emissions
- 4,160 t CO2e
- Emissions per SF
- 3.71 kg CO2e
- Floor area in the filing
- 1,120,000 SF
Energy sources in 2024
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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
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 13 jobs at 850 3rd Avenue. In the last two years, interior work was permitted on 5 floors (floors 1 to 4 and 6). The newest build-out, on floor 6, was first permitted in September 2026 (construction; filed cost estimate $75,000).
- New jobs, last 12 months
- 13
- Initial permits, last 12 months
- 39
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 8
- Floors with interior work, last 24 months
- 1 to 4 and 6
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 2026-10-24 (permits issued through 2026-10-22). 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.
No industrial and storage space listed in Sunset Park yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 850 3rd Avenue
How big is 850 3rd Avenue?
850 3rd Avenue has about 1.1 million square feet of floor area in total, including 391,000 square feet of office, 135,000 square feet of retail and 587,000 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 850 3rd Avenue built?
City records list 1920 as the year built, with a major alteration recorded in 2020. The building is 8 floors tall.
What other addresses does 850 3rd Avenue have?
City records list 509-519 2nd Avenue, 20 30th Street, 110 30th Street, 109 31st Street and 840-854 3rd Avenue on the same tax lot (BBL 3006710001) as 850 3rd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 850 3rd Avenue?
850 3rd Avenue 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 850 3rd Avenue, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 850 3rd Avenue?
The lot is in the M3-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.26 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 850 3rd Avenue?
The closest subway station to 850 3rd Avenue is 36 St (the D, N and R trains), about 0.3 miles away in a straight line, roughly 6 minutes on foot. Also nearby: 25 St (the R train), 7 min walk; Prospect Av (the R train), 15 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 850 3rd Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists SALMAR PROPERTIES, LLC as the owner of record of 850 3rd Avenue (BBL 3006710001). 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.
Does 850 3rd Avenue have an energy grade?
850 3rd 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 37.4 kBtu per square foot, about the same as the national median of 37.9 for a similar property. Its greenhouse gas emissions were about 4,160 metric tons of CO2e (3.71 kg per square foot).
Is there construction at 850 3rd Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at 850 3rd Avenue. In the last two years, interior work was permitted on 5 floors (floors 1 to 4 and 6). The newest build-out, on floor 6, was first permitted in September 2026 (construction; filed cost estimate $75,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3006710001. 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 850 3rd Avenue?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 850 3rd Avenue, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 3006710001 show what is actually billed.
What is the assessed value of 850 3rd Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 850 3rd Avenue at $82.8 million ($5.36 million of it land) and its assessed value at $37.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($74 million) to 2026/27.
Is there industrial and storage space for lease at 850 3rd Avenue?
No space at 850 3rd 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.
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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