Office building · Downtown Brooklyn, Brooklyn
88 3rd Avenue
Brooklyn, NY 11217
88 3rd Avenue is a 2-floor office building in Downtown Brooklyn, Brooklyn, built in 1925, with about 100,000 square feet of office space according to city records.
Also at 82-94 3rd Avenue, 275 Bergen Street and 286-304 Dean Street.
- Office space
- 100K SF
- Floors
- 2
- Year built
- 1925
- Zoning
- R6A
The 43rd largest of the 59 office buildings we track in Downtown Brooklyn. Compare it with 6 neighbors
No space at 88 3rd Avenue 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 Downtown Brooklyn and hear the moment a tenant posts a requirement there.
Compared with its neighbors
How 88 3rd Avenue compares
Next to the 6 nearest large office buildings, all within a 7 minute walk, 88 3rd Avenue ranks 6th of 7 by office floor area. It went up in 1925; the median neighbor dates from 1967. Its estimated property tax, about $9.69 a square foot of floor area before abatements, is close to the neighbors' median of $10.00.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 88 3rd Avenue | 100K SF | 2 | 1925 | $9.69 |
| 285 Schermerhorn Street | 104K SF | 7 | 1926 | $5.58 |
| 41 Flatbush Avenue | 177K SF | 10 | 1920 | $10.12 |
| 139 Flatbush Avenue | 517K SF | n/a | 2003 | Exempt |
| 38 Flatbush Avenue | 195K SF | 7 | 1971 | $9.89 |
| 250 Schermerhorn Street | 65K SF | 6 | 1964 | Exempt |
| 253 Ashland Place | 143K SF | 11 | 2016 | $10.51 |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 82-94 3rd Avenue; 275 Bergen Street; 286-304 Dean Street
- ZIP code
- 11217
- Building type
- Office building (city class O2)
- Total floor area
- 100,000 SF
- Commercial floor area
- 100,000 SF
- Office
- 100,000 SF
- Height
- 2 floors
- Year built
- 1925
- Last major alteration
- 2009
- Lot area
- 43,500 SF
- Zoning district
- R6A
- Built FAR
- 2.3
- Tax lot (BBL)
- 3001970028
Nearest subway
- Atlantic Av-Barclays Ctr
- Nevins St
- Hoyt-Schermerhorn Sts
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-03. 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 88 THIRD AVENUE REALTY LLC as the owner of record. For tax year 2026/27 the city values 88 3rd Avenue at $20.3 million and assesses it at $9.12 million. After phase-ins and exemptions its taxable value is $8.93 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 $968,519 a year before abatements, roughly $9.69 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
- 88 THIRD AVENUE REALTY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $20,273,000
- Land market value
- $1,520,000
- Assessed value
- $9,122,850
- Taxable value (phased in)
- $8,928,090
- Estimated yearly tax
- About $968,519
- Tax per SF of floor area
- About $9.69
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 2026-10-03; 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.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
88 3rd Avenue reported an ENERGY STAR score of 83 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 49.1 kBtu per square foot, 41% below the national median of 83.8 for a similar property. Its greenhouse gas emissions were about 456 metric tons of CO2e (4.56 kg per square foot).
- ENERGY STAR score (2024)
- 83 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 49.1 kBtu/SF
- National median for the type
- 83.8 kBtu/SF
- Greenhouse gas emissions
- 456 t CO2e
- Emissions per SF
- 4.56 kg CO2e
- Floor area in the filing
- 100,000 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 2026-10-03; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Before you sign
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Questions about 88 3rd Avenue
How big is 88 3rd Avenue?
88 3rd Avenue has about 100,000 square feet of floor area in total, including 100,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 88 3rd Avenue built?
City records list 1925 as the year built, with a major alteration recorded in 2009. The building is 2 floors tall.
What other addresses does 88 3rd Avenue have?
City records list 82-94 3rd Avenue, 275 Bergen Street and 286-304 Dean Street on the same tax lot (BBL 3001970028) as 88 3rd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 88 3rd Avenue?
88 3rd Avenue is in ZIP code 11217, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 88 3rd Avenue, Brooklyn, NY 11217, in Downtown Brooklyn.
What is the zoning at 88 3rd Avenue?
The lot is in the R6A zoning district. PLUTO lists a built floor area ratio (FAR) of 2.3 for this lot.
What subway station is closest to 88 3rd Avenue?
The closest subway station to 88 3rd Avenue is Atlantic Av-Barclays Ctr (the 2, 3, 4, 5, B, D, N, Q and R trains), about 950 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: Nevins St (the 2, 3, 4 and 5 trains), 6 min walk; Hoyt-Schermerhorn Sts (the A, C and G trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 88 3rd Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 88 THIRD AVENUE REALTY LLC as the owner of record of 88 3rd Avenue (BBL 3001970028). 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.
What is the energy grade of 88 3rd Avenue?
88 3rd Avenue reported an ENERGY STAR score of 83 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 83 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 49.1 kBtu per square foot, 41% below the national median of 83.8 for a similar property. Its greenhouse gas emissions were about 456 metric tons of CO2e (4.56 kg per square foot).
What are the property taxes at 88 3rd Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $8.93 million for 88 3rd Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $968,519 a year, roughly $9.69 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3001970028 show the actual bill.
What is the assessed value of 88 3rd Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 88 3rd Avenue at $20.3 million ($1.52 million of it land) and its assessed value at $9.12 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($19.8 million) to 2026/27.
Is there office space for lease at 88 3rd Avenue?
No space at 88 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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