Big-box retail building · Sunset Park, Brooklyn
990 3rd Avenue
Brooklyn, NY 11232
990 3rd Avenue is a 2-floor big-box retail building in Sunset Park, Brooklyn, built in 1996, with about 144,000 square feet of retail space according to city records.
Also at 641-657 2nd Avenue, 202 37th Street, 201-275 39th Street and 970-994 3rd Avenue.
- Retail space
- 144K SF
- Floors
- 2
- Year built
- 1996
- Zoning
- M1-2
The largest of the 4 retail buildings we track in Sunset Park. Compare it with 6 neighbors
No space at 990 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 Sunset Park and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 990 3rd Avenue compares
Next to the 6 nearest large commercial buildings, all within a 4 minute walk, 990 3rd Avenue ranks 4th of 7 by commercial floor area. Built in 1996, it is the newest of them. Its estimated property tax, about $7.44 a square foot of floor area before abatements, is above the neighbors' median of $5.01.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 990 3rd Avenue | 144K SF | 2 | 1996 | $7.44 |
| Industry City Building 1, 639 2nd Avenue | 329K SF | 6 | 1907 | $5.14 |
| Industry City Building 2, 627 2nd Avenue | 261K SF | 6 | 1907 | $10.87 |
| 3913 2nd Avenue | 128K SF | 5 | 1927 | $4.13 |
| 607 2nd Avenue | 690K SF | 6 | 1910 | $5.85 |
| 201 42nd Street | 104K SF | 3 | 1910 | $3.50 |
| 367 38th Street | 65K SF | 6 | 1910 | $4.87 |
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
- 641-657 2nd Avenue; 202 37th Street; 201-275 39th Street; 970-994 3rd Avenue
- ZIP code
- 11232
- Building type
- Big-box retail building (city class K8)
- Total floor area
- 143,900 SF
- Commercial floor area
- 143,900 SF
- Retail
- 143,900 SF
- Height
- 2 floors
- Year built
- 1996
- Last major alteration
- 2025
- Lot area
- 277,772 SF
- Zoning district
- M1-2
- Built FAR
- 0.52
- Max commercial FAR
- 2
- Tax lot (BBL)
- 3006990001
Nearest subway
- 36 St
- 45 St
- 25 St
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 COSTCO WHOLESALE CORPORATION as the owner of record. For tax year 2026/27 the city values 990 3rd Avenue at $24.7 million and assesses it at $11.1 million. After phase-ins and exemptions its taxable value is $9.87 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 $1.07 million a year before abatements, roughly $7.44 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
- COSTCO WHOLESALE CORPORATION
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $24,698,000
- Land market value
- $3,319,000
- Assessed value
- $11,114,100
- Taxable value (phased in)
- $9,873,810
- Estimated yearly tax
- About $1.07 million
- Tax per SF of floor area
- About $7.44
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
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; 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 990 3rd Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
990 3rd Avenue reported an ENERGY STAR score of 47 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 201.7 kBtu per square foot, about the same as the national median of 196.2 for a similar property. Its greenhouse gas emissions were about 2,631 metric tons of CO2e (18.28 kg per square foot).
- ENERGY STAR score (2024)
- 47 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Supermarket/Grocery Store
- Site energy use intensity
- 201.7 kBtu/SF
- National median for the type
- 196.2 kBtu/SF
- Greenhouse gas emissions
- 2,631 t CO2e
- Emissions per SF
- 18.28 kg CO2e
- Floor area in the filing
- 143,916 SF
ENERGY STAR score by year
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. 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 990 3rd Avenue comes to about 2,097 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,427 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 972 tons and the same energy use counts as about 1,355 tons, about 383 tons over, or an estimated $103,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 3,427 t CO2e
- Estimated emissions
- 2,097 t CO2e
- Under the limit by
- 1,330 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 972 t CO2e
- Estimated emissions
- 1,355 t CO2e
- Over the limit by
- 383 t CO2e
- Estimated penalty a year
- $103,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Supermarket/Grocery Store 143,916 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.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 990 3rd Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 990 3rd Avenue in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1, was first permitted in September 2025 (construction; filed cost estimate $189,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 1
- Newest job first permitted
- September 2025
- Interior build-outs, last 24 months
- 6
- Floors with interior work, last 24 months
- 1, mezzanine
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 retail space listed in Sunset Park yet
Own or broker space at 990 3rd Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
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.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
Retail lease terms in New York: percentage rent, escalations and more
A New York retail lease covers much more than rent. Here is what percentage rent, escalations, pass-throughs, use clauses and restaurant terms mean for you.
Questions about 990 3rd Avenue
How big is 990 3rd Avenue?
990 3rd Avenue has about 144,000 square feet of floor area in total, including 144,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 990 3rd Avenue built?
City records list 1996 as the year built, with a major alteration recorded in 2025. The building is 2 floors tall.
What other addresses does 990 3rd Avenue have?
City records list 641-657 2nd Avenue, 202 37th Street, 201-275 39th Street and 970-994 3rd Avenue on the same tax lot (BBL 3006990001) as 990 3rd Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 990 3rd Avenue?
990 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 990 3rd Avenue, Brooklyn, NY 11232, in Sunset Park.
What is the zoning at 990 3rd Avenue?
The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.52 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 990 3rd Avenue?
The closest subway station to 990 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: 45 St (the R train), 9 min walk; 25 St (the R train), 13 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 990 3rd Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists COSTCO WHOLESALE CORPORATION as the owner of record of 990 3rd Avenue (BBL 3006990001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 990 3rd Avenue?
990 3rd Avenue reported an ENERGY STAR score of 47 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 47 earns a D. 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 201.7 kBtu per square foot, about the same as the national median of 196.2 for a similar property. Its greenhouse gas emissions were about 2,631 metric tons of CO2e (18.28 kg per square foot).
Does 990 3rd Avenue meet Local Law 97?
At its 2024 energy use, 990 3rd Avenue comes to about 2,097 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,427 tons for 2024 to 2029 (61% of the limit), so it would owe no penalty. From 2030 the limit drops to 972 tons and the same energy use counts as about 1,355 tons, about 383 tons over, or an estimated $103,000 a year unless the building cuts its emissions. 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.
Is there construction at 990 3rd Avenue?
The Department of Buildings issued no permits for new jobs at 990 3rd Avenue in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on one floor (floor 1 and the mezzanine). The newest build-out, on floor 1, was first permitted in September 2025 (construction; filed cost estimate $189,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3006990001. 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 990 3rd Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.87 million for 990 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 $1.07 million a year, roughly $7.44 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3006990001 show the actual bill.
What is the assessed value of 990 3rd Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 990 3rd Avenue at $24.7 million ($3.32 million of it land) and its assessed value at $11.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($20 million) to 2026/27.
Is there retail space for lease at 990 3rd Avenue?
No space at 990 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Sunset Park
Transit hubs in Sunset Park
- D N R at 36 St
- R at 45 St
- NYC Ferry at Sunset Park