Brooklyn
Commercial space in Canarsie
The north end of Canarsie holds one of the larger industrial districts in Brooklyn: distribution warehouses and light manufacturing buildings line Foster Avenue, Avenue D and Farragut Road around the last stops of the L. Rockaway Parkway and Flatlands Avenue carry the neighborhood's shops, and the Belt Parkway is a short drive south.
- Commercial properties
- 564
- Industrial stock
- 3.7M SF
- Median year built
- 1950
- Known for
- Industrial, Flex / Creative
Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.
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NYC tax lot records
The building stock in Canarsie
What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.
- Commercial properties
- 564
- Office space
- 1.7M SF
- Retail space
- 718K SF
- Built before 1940
- 42%
Largest industrial and storage buildings
All 16 large commercial buildings in CanarsieAge, height and zoning
- Median year built: 1950.
- Median height: 1 floor.
- Most common zoning districts: M1-1 (217), R4-1 (110), R5D (100). 39% of these lots are zoned for manufacturing.
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-03. Counts cover tax lots with commercial floor area within about 0.7 mi of Canarsie's commercial core, and each lot counts toward one neighborhood only, so boundaries are approximate. Building figures are the city's floor-area estimates, not available space.
MTA station data
Subway stations in Canarsie
Every station within about 0.7 mi of Canarsie's commercial core, closest first. Stations joined by a free transfer count once.
- Stations
- 3
- Subway lines
- 1
- Fully accessible
- 1 of 3
- Closest
- East 105 St, 4 min walk
The 3 stations
- East 105 St
- Canarsie-Rockaway Pkwy
- New Lots Av
Lines
The L train stop within about 0.7 mi of Canarsie's core.
Step-free access
- Canarsie-Rockaway Pkwy (L) is fully accessible.
Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-03. Walking times are straight-line estimates from the nearest point of Canarsie's commercial core (the same area as the building counts), so the street route is longer. Accessibility is the MTA's rating for the named station. PATH, LIRR, Metro-North and ferries are not in this data.
NYC property records (ACRIS)
Recent building sales in Canarsie
4 sales of the large commercial buildings Leasemark tracks in Canarsie have been recorded since 2016, $116.2 million in all.
Newest sales
Since 2016
- Largest: 1084 Rockaway Avenue, $53 million in October 2017.
- Median price: about $487 a square foot of floor area, across 3 one-building sales.
- Newest deed on record: January 2026. The city's open data runs about a month behind.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-03; prices as the deeds state them, buyers named only when they are companies. These are sales of the large buildings Leasemark tracks, not every sale here: condo buildings (sold unit by unit), partial interests and sales of the company that owns a building are left out.
NYC Department of Finance
Commercial property taxes in Canarsie
Of the 16 large commercial buildings Leasemark tracks in Canarsie, 16 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $4.69 per square foot of floor area a year, before abatements.
Largest estimated bills
Across 16 taxed buildings
- The middle half pay between $3.57 and $5.68 a square foot of floor area a year.
- Brooklyn median: $6.45 a square foot, across 251 large buildings Leasemark tracks.
- Median market value on the roll: about $112 a square foot. That is the city's valuation for tax, not a sale price.
43rd highest of 48 NYC neighborhoods by tax per SFHow taxes show up in a lease
Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-03. Estimates are the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), divided by the building's floor area in PLUTO. They leave out abatements such as ICAP, payment-in-lieu-of-taxes agreements and charges, so actual bills differ. Large buildings only (50,000 SF and up in Brooklyn).
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
Gross vs net leases in NYC: what tenants actually pay
Gross, modified gross or triple net: how NYC leases split taxes, operating costs and electricity, what the asking rent leaves out, and how to compare two spaces fairly.
How to read a New York commercial lease, clause by clause
Walk through a New York commercial lease clause by clause: rent start, escalations, deposit and guaranty, use, alterations, subletting, default and the end of the term.
Questions about Canarsie
How much commercial space is there in Canarsie?
New York City's PLUTO tax lot data (26v2) records about 9.2 million square feet of commercial floor area across 564 properties in the part of Canarsie Leasemark covers, including about 1.7 million square feet of office and about 718,000 square feet of retail. The largest industrial and storage building by that measure is 10110 Foster Avenue, at about 348,000 square feet. That is the existing building stock, not space currently available.
What subway lines serve Canarsie?
Three subway stations sit within about 0.7 mi of Canarsie's commercial core, served by the L train. The closest is East 105 St (L), roughly 4 minutes on foot; then Canarsie-Rockaway Pkwy (L) and New Lots Av (L). Walking times are straight-line estimates from MTA station data.
Which subway stations in Canarsie are accessible?
One of the three stations within about 0.7 mi of Canarsie's commercial core is fully accessible, per the MTA: Canarsie-Rockaway Pkwy (L).
When did a large commercial building in Canarsie last sell?
The newest sale on record is 507 Osborn Street, which sold in January 2026 for $26.7 million to 507 OSBORN PROPERTY OWNER, L.L.C., per the deed recorded with the city. 4 sales, $116.2 million in all, have been recorded of the large commercial buildings Leasemark tracks in Canarsie since 2016.
How much are commercial property taxes in Canarsie?
On the Department of Finance's 2026/27 assessment roll, the 16 large commercial buildings Leasemark tracks in Canarsie that pay property tax come to a median of about $4.69 per square foot of floor area a year, with the middle half between $3.57 and $5.68. That is the taxable value after exemptions times the Class 4 rate of 10.848% (tax year 2025/26, the latest the city lists), before abatements such as ICAP. The largest estimated bill is 10101 Foster Avenue, about $1.29 million a year. Many office leases pass a tenant's share of increases over a base year through as additional rent.
Do tenants in Canarsie pay the NYC Commercial Rent Tax?
No. The Commercial Rent Tax only applies to space in Manhattan below 96th Street. It was repealed for Brooklyn, so a commercial lease in Canarsie does not pay it at any rent.
Is it free to post on Leasemark?
Yes. Posting a space or a requirement is free. Contact details are only shared when both sides accept an intro.
Getting there
- L at Canarsie-Rockaway Pkwy
- L at East 105 St
- Belt Parkway