Factory and industrial building · East New York, Brooklyn
870 Stanley Avenue
Brooklyn, NY 11208
870 Stanley Avenue is a 1-floor factory and industrial building in East New York, Brooklyn, built in 1954, with about 38,000 square feet of industrial and storage space according to city records.
Also at 878-900 Essex Street, 955 Linwood Street and 870-890 Stanley Avenue.
- Industrial and storage space
- 38K SF
- Floors
- 1
- Year built
- 1954
- Zoning
- M1-1
The 32nd largest of the 40 industrial and storage buildings we track in East New York. Compare it with 6 neighbors
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Compared with its neighbors
How 870 Stanley Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 870 Stanley Avenue ranks 4th of 7 by industrial and storage floor area. It went up in 1954; the median neighbor dates from 1953. Its estimated property tax, about $3.93 a square foot of floor area before abatements, is above the neighbors' median of $3.69.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 870 Stanley Avenue | 38K SF | 1 | 1954 | $3.93 | Jan 2010, $3.5M |
| 850-860 Stanley Avenue | 42K SF | 1 | 1954 | Exempt | Dec 2005, $1.9M |
| 901 Essex Street | 37K SF | 1 | 1952 | $2.80 | Apr 2017, $5.3M |
| 2300 Linden Boulevard | 87K SF | 1 | 1957 | $9.93 | Apr 2023, $20.4M |
| 549 Wortman Avenue | 36K SF | 1 | 1920 | $3.88 | n/a |
| 458 Wortman Avenue | 36K SF | 1 | 1956 | $3.50 | n/a |
| 959 Essex Street | 41K SF | 1 | 1951 | Exempt | 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
- Other addresses
- 878-900 Essex Street; 955 Linwood Street; 870-890 Stanley Avenue
- ZIP code
- 11208
- Building type
- Factory and industrial building (city class F2)
- Total floor area
- 38,000 SF
- Commercial floor area
- 38,000 SF
- Industrial and storage
- 38,000 SF
- Height
- 1 floor
- Year built
- 1954
- Lot area
- 38,000 SF
- Zoning district
- M1-1
- Built FAR
- 1
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3043840001
Nearest subway
- New Lots Av
- Van Siclen Av
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 OUDY'S REALTY, LLC as the owner of record. For tax year 2026/27 the city values 870 Stanley Avenue at $3.61 million and assesses it at $1.62 million. After phase-ins and exemptions its taxable value is $1.38 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 $149,318 a year before abatements, roughly $3.93 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
- OUDY'S REALTY, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $3,607,000
- Land market value
- $760,000
- Assessed value
- $1,623,150
- Taxable value (phased in)
- $1,376,460
- Estimated yearly tax
- About $149,318
- Tax per SF of floor area
- About $3.93
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 property records (ACRIS)
Sales history
870 Stanley Avenue last sold in January 2010 for $3.52 million, according to the deed recorded with the city. MONCHIK PROPERTIES LLC sold it to OUDY'S REALTY, LLC. That comes to about $93 per square foot of floor area.
- Last sale (deed date)
- January 22, 2010
- Price
- $3,525,000
- Price per SF of floor area
- About $93
- Seller
- MONCHIK PROPERTIES LLC
- Buyer
- OUDY'S REALTY, LLC
- Deed recorded
- February 4, 2010
- ACRIS document
- 2010012701004001
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
The Department of Buildings issued no permits for new jobs at 870 Stanley Avenue in the 12 months to October 2026; the last one was first permitted in January 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- January 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across East New YorkWhere 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.
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Questions about 870 Stanley Avenue
How big is 870 Stanley Avenue?
870 Stanley Avenue has about 38,000 square feet of floor area in total, including 38,000 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 870 Stanley Avenue built?
City records list 1954 as the year built. The building is 1 floor tall.
What other addresses does 870 Stanley Avenue have?
City records list 878-900 Essex Street, 955 Linwood Street and 870-890 Stanley Avenue on the same tax lot (BBL 3043840001) as 870 Stanley Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 870 Stanley Avenue?
870 Stanley Avenue is in ZIP code 11208, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 870 Stanley Avenue, Brooklyn, NY 11208, in East New York.
What is the zoning at 870 Stanley Avenue?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 1 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 870 Stanley Avenue?
The closest subway station to 870 Stanley Avenue is New Lots Av (the 3 train), about 0.5 miles away in a straight line, roughly 10 minutes on foot. Also nearby: Van Siclen Av (the 3 train), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 870 Stanley Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists OUDY'S REALTY, LLC as the owner of record of 870 Stanley Avenue (BBL 3043840001). 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 870 Stanley Avenue last sold?
870 Stanley Avenue last sold in January 2010 for $3.52 million, according to the deed recorded with the city. MONCHIK PROPERTIES LLC sold it to OUDY'S REALTY, LLC. That comes to about $93 per square foot of floor area. The deed is ACRIS document 2010012701004001 (BBL 3043840001) 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 870 Stanley Avenue?
The Department of Buildings issued no permits for new jobs at 870 Stanley Avenue in the 12 months to October 2026; the last one was first permitted in January 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 3043840001. 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 870 Stanley Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $1.38 million for 870 Stanley Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $149,318 a year, roughly $3.93 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3043840001 show the actual bill.
What is the assessed value of 870 Stanley Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 870 Stanley Avenue at $3.61 million ($760,000 of it land) and its assessed value at $1.62 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($2.61 million) to 2026/27.
Is there industrial and storage space for lease at 870 Stanley Avenue?
No space at 870 Stanley 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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