Brooklyn

Commercial space in Gowanus

Gowanus grew up around the Gowanus Canal as an industrial district of warehouses, workshops and studios, and much of it still serves makers, artists and light manufacturers. The 2021 neighborhood rezoning opened parts of the area to mixed-use development alongside the remaining industrial blocks. At its southern edge, two large retail buildings stand on 12th Street near Hamilton Avenue.

Commercial properties
731
Industrial stock
2.9M SF
Median year built
1931
Known for
Industrial, Flex / Creative, Retail

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 Gowanus

What already stands here, from the city's own property data. Useful for sizing a search before a single space is listed.

Commercial properties
731
Office space
1.4M SF
Retail space
1.4M SF
Built before 1940
73%

Largest industrial and storage buildings

  1. 2 floors · built 1954
  2. 4 floors · built 1950
  3. 6 floors · built 1931
  4. 1 floor · built 1930
  5. 6 floors · built 2021
All 29 large commercial buildings in Gowanus

Age, height and zoning

  • Median year built: 1931.
  • Median height: 3 floors.
  • Most common zoning districts: R6B (163), R6A (123), M2-1 (102). 49% of these lots are zoned for manufacturing.
  • Historic districts: Carroll Gardens Historic District (22 lots).
  • 7 lots are designated city landmarks.

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16. Counts cover tax lots with commercial floor area within about 0.5 mi of Gowanus' 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 Gowanus

Every station within about 0.5 mi of Gowanus' commercial core, closest first. Stations joined by a free transfer count once.

Stations
5
Subway lines
3
Fully accessible
0 of 5
Closest
Smith-9 Sts, 2 min walk

The 5 stations

  • Smith-9 Sts2 min walk · Not accessible
  • Union St6 min walk · Not accessible
  • 4 Av-9 St7 min walk · Not accessible
  • Carroll St8 min walk · Not accessible
  • Prospect Av10 min walk · Not accessible

Lines

The F, G and R trains stop within about 0.5 mi of Gowanus' core.

Step-free access

  • None of these stations is fully accessible. The closest accessible station is Atlantic Av-Barclays Ctr (2 3 4 5 B D N Q R), about 0.7 miles from the core.

Source: Metropolitan Transportation Authority, MTA Subway Stations, pulled 2026-10-16. Walking times are straight-line estimates from the nearest point of Gowanus' 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 Gowanus

4 sales of the large commercial buildings Leasemark tracks in Gowanus have been recorded since 2016, $157 million in all.

Newest sales

  1. 37 9th Street$37.5 million
    March 2026 · $317 a SF · to GOWANUS 9TH STREET HOLDINGS LLC
  2. January 2025 · $131 a SF · to BUTLER NY OWNER LLC
  3. 78 3rd Street$29.5 million
    September 2024 · $406 a SF · to 92 THIRD ST GOWANUS LLC
  4. 300 3rd Avenue$77 million
    December 2020 · $972 a SF · to CUBESMART 338 3RD AVENUE, LLC

Since 2016

  • Largest: 300 3rd Avenue, $77 million in December 2020.
  • Median price: about $361 a square foot of floor area, across 4 one-building sales.
  • Newest deed on record: March 2026. The city's open data runs about a month behind.
All 4 building sales in Gowanus

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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 Gowanus

Of the 29 large commercial buildings Leasemark tracks in Gowanus, 27 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $7.31 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. 213 6th Street$2.43 million
    $7.92 a SF · market value $57.7 million
  2. $10.12 a SF · market value $35 million
  3. 124 9th Street$1.59 million
    $9.17 a SF · market value $39.6 million
  4. 56 2nd Avenue$1.21 million
    $3.28 a SF · market value $26.6 million
  5. $12.06 a SF · market value $25.5 million
  6. 313 Butler Street$1.12 million
    $9.86 a SF · market value $25.1 million

Across 27 taxed buildings

  • The middle half pay between $5.32 and $9.01 a square foot of floor area a year.
  • Brooklyn median: $6.14 a square foot, across 450 large buildings Leasemark tracks.
  • Median market value on the roll: about $192 a square foot. That is the city's valuation for tax, not a sale price.
  • 2 buildings are fully exempt: 22 2nd Avenue and 109 2nd Avenue. Exemptions like these are common for government, nonprofit and PILOT properties.

Source: NYC Department of Finance, Property Valuation and Assessment Data, 2026/27 roll, pulled 2026-10-16. 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 (35,000 SF and up in Brooklyn).

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Questions about Gowanus

How much commercial space is there in Gowanus?

New York City's PLUTO tax lot data (26v2) records about 6.9 million square feet of commercial floor area across 731 properties in the part of Gowanus Leasemark covers, including about 1.4 million square feet of office and about 1.4 million square feet of retail. The largest industrial and storage building by that measure is 56 2nd Avenue, at about 354,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve Gowanus?

Five subway stations sit within about 0.5 mi of Gowanus' commercial core, served by the F, G and R trains. The closest is Smith-9 Sts (F G), roughly 2 minutes on foot; then Union St (R), 4 Av-9 St (F G R), Carroll St (F G) and Prospect Av (R). Walking times are straight-line estimates from MTA station data.

Which subway stations in Gowanus are accessible?

None of the five stations within about 0.5 mi of Gowanus' commercial core is fully accessible, per the MTA. The closest accessible station is Atlantic Av-Barclays Ctr (2 3 4 5 B D N Q R), about 0.7 miles from the core in a straight line.

When did a large commercial building in Gowanus last sell?

The newest sale on record is 37 9th Street, which sold in March 2026 for $37.5 million to GOWANUS 9TH STREET HOLDINGS LLC, per the deed recorded with the city. 4 sales, $157 million in all, have been recorded of the large commercial buildings Leasemark tracks in Gowanus since 2016.

See every building sale in Gowanus

How much are commercial property taxes in Gowanus?

On the Department of Finance's 2026/27 assessment roll, the 27 large commercial buildings Leasemark tracks in Gowanus that pay property tax come to a median of about $7.31 per square foot of floor area a year, with the middle half between $5.32 and $9.01. 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 213 6th Street, about $2.43 million a year. 2 more buildings are fully exempt. Many office leases pass a tenant's share of increases over a base year through as additional rent.

How taxes show up in gross and net leases

Do tenants in Gowanus 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 Gowanus does not pay it at any rent.

See where the Commercial Rent Tax applies

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.