Brooklyn

Commercial space in Sunset Park

Sunset Park holds some of the largest industrial and flex inventory in the city, including Industry City and the Brooklyn Army Terminal. Distribution, manufacturing, and food production dominate. North of Industry City, warehouse and large retail buildings line 18th to 21st Streets near Hamilton Avenue.

Commercial properties
1,430
Industrial stock
8.2M SF
Median year built
1931
Known for
Industrial, Flex / Creative

Building figures are existing stock from NYC PLUTO 26v2 tax lot records, not space on the market. More below.

On Leasemark No spaces or requirements posted in Sunset Park yet. List a space and it is matched to every new requirement, or post what you need and get matched as spaces arrive.

Nothing listed in Sunset Park yet

The labeled examples below show how spaces appear here; they are not on the market. Get an email the day a space here is posted, or list yours and it is matched to requirements the day it goes up.

Get an alert

Email me when commercial space in Sunset Park is listed

No account needed. One email to confirm, then only when a matching space is posted. Stop any time in one click. Privacy

What a requirement here looks like

No live requirements in Sunset Park yet. These labeled examples show what tenants post.

Want · Flex / Creative / Industrial

Content studio, flex space with freight

Posted by the tenant · Media

Where
Sunset Park, Garment District +1
Size
5,000 to 10,000 SF
Budget
to $45/SF
Move in
Dec 2026
Freight elevatorHigh ceilings
Owners: got a fit?I have a fit

For owners and brokers

Hear the moment a tenant looks for space in Sunset Park

Tenant alerts send a notification when a requirement that fits your neighborhood, types and sizes is posted, before you list anything. Real requirements only. Free during Broker Pro early access.

Get tenant alerts for Sunset Park

NYC tax lot records

The building stock in Sunset Park

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

Commercial properties
1,430
Office space
4.0M SF
Retail space
2.4M SF
Built before 1940
64%

Largest industrial and storage buildings

  1. 6 floors · built 1910
  2. 8 floors · built 1920
  3. 6 floors · built 1917
  4. 8 floors · built 1926
  5. 8 floors · built 1917
All 41 large commercial buildings in Sunset Park

Age, height and zoning

  • Median year built: 1931.
  • Median height: 2 floors.
  • Most common zoning districts: M1-2D (364), M1-2 (234), R7A (227). 60% of these lots are zoned for manufacturing.
  • Historic districts: Sunset Park South Historic District (3 lots), Central Sunset Park Historic District (1 lot), Sunset Park 50th Street Historic District (1 lot).
  • 6 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 0.7 mi of Sunset Park'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 Sunset Park

Every station within about 0.7 mi of Sunset Park's commercial core, closest first. Stations joined by a free transfer count once.

Stations
6
Subway lines
3
Fully accessible
1 of 6
Closest
36 St, 1 min walk

The 6 stations

  • 36 St1 min walk · Not accessible
  • Prospect Av6 min walk · Not accessible
  • 59 St7 min walk · Accessible station
  • 53 St8 min walk · Not accessible
  • 25 St8 min walk · Not accessible
  • 45 St10 min walk · Not accessible

Lines

The D, N and R trains stop within about 0.7 mi of Sunset Park's core.

Step-free access

  • 59 St (N R) is fully accessible.

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

6 sales of the large commercial buildings Leasemark tracks in Sunset Park have been recorded since 2016, $298.3 million in all.

Newest sales

  1. 73 20th Street$13.5 million
    April 2024 · $367 a SF · to GG MASTER REALTY LLC
  2. 5714 1st Avenue$19.9 million
    June 2022 · $221 a SF · to HINSDALE COMMERCIAL PROPERTY LLC, SUTTER AVENUE MANAGEMENT LLC and others
  3. 5112 2nd Avenue$85 million
    December 2021 · $453 a SF · to USLP SUNSET PARK, LLC
  4. 14 53rd Street$84.1 million
    September 2020 · $220 a SF · to OHN 14 53RD ST LLC
  5. 5002 2nd Avenue$48.8 million
    February 2020 · $350 a SF · to PS NORTHEAST, LLC
  6. 5112 2nd Avenue$47 million
    October 2017 · $251 a SF

Since 2016

  • Largest: 5112 2nd Avenue, $85 million in December 2021.
  • Median price: about $301 a square foot of floor area, across 6 one-building sales.
  • Newest deed on record: April 2024. The city's open data runs about a month behind.
All 6 building sales in Sunset Park

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 Sunset Park

Of the 41 large commercial buildings Leasemark tracks in Sunset Park, 37 carry property tax on the city's 2026/27 assessment roll. Their median estimated tax is about $5.13 per square foot of floor area a year, before abatements.

Largest estimated bills

  1. 607 2nd Avenue$4.03 million
    $5.85 a SF · market value $104.4 million
  2. 4312 2nd Avenue$3.14 million
    $5.39 a SF · market value $72.2 million
  3. $10.87 a SF · market value $64.6 million
  4. 88 33rd Street$2.61 million
    $4.61 a SF · market value $79.3 million
  5. 550 Hamilton Avenue$2.46 million
    $9.73 a SF · market value $54.1 million
  6. 14 53rd Street$2.06 million
    $5.40 a SF · market value $44 million

Across 37 taxed buildings

  • The middle half pay between $4.05 and $6.32 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 $124 a square foot. That is the city's valuation for tax, not a sale price.
  • 4 buildings are fully exempt, including 850 3rd Avenue and 5600 1st 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).

NYC Department of Buildings permits

Interior build-outs in Sunset Park

In the 12 months to October 2026, the Department of Buildings issued first permits for 25 interior build-outs in 14 of the 41 large commercial buildings Leasemark tracks in Sunset Park, with work permitted on 31 floors in all. Their filed cost estimates add up to about $3.3 million.

Most build-outs, last 12 months

  1. 4 floors with work
  2. 3 floors with work
  3. 3 floors with work
  4. 2 floors with work
  5. 2 floors with work
  6. 1 floor with work
  • 34% of the buildings tracked here had a build-out, against 21% across Brooklyn.

Build-outs by quarter

  • Q1 20257
  • Q2 20257
  • Q3 20257
  • Q4 20258
  • Q1 20267
  • Q2 20265
  • Q3 20266
  • Q4 2026 to Oct 221

Newest

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A build-out groups interior jobs (construction, mechanical, plumbing, sprinklers and the like) on the same floors first permitted within 120 days of each other, dated by its first permit. Only the large buildings Leasemark tracks count (35,000 SF and up), not every permit in the neighborhood. Costs are the estimates filed with the jobs. A permit does not say who the work is for.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about Sunset Park

How much commercial space is there in Sunset Park?

New York City's PLUTO tax lot data (26v2) records about 25.8 million square feet of commercial floor area across 1,430 properties in the part of Sunset Park Leasemark covers, including about 4 million square feet of office and about 2.4 million square feet of retail. The largest industrial and storage building by that measure is 607 2nd Avenue, at about 690,000 square feet. That is the existing building stock, not space currently available.

What subway lines serve Sunset Park?

Six subway stations sit within about 0.7 mi of Sunset Park's commercial core, served by the D, N and R trains. The closest is 36 St (D N R), roughly 1 minute on foot; then Prospect Av (R), 59 St (N R), 53 St (R), 25 St (R) and 45 St (R). Walking times are straight-line estimates from MTA station data.

Which subway stations in Sunset Park are accessible?

One of the six stations within about 0.7 mi of Sunset Park's commercial core is fully accessible, per the MTA: 59 St (N R).

When did a large commercial building in Sunset Park last sell?

The newest sale on record is 73 20th Street, which sold in April 2024 for $13.5 million to GG MASTER REALTY LLC, per the deed recorded with the city. 6 sales, $298.3 million in all, have been recorded of the large commercial buildings Leasemark tracks in Sunset Park since 2016.

See every building sale in Sunset Park

How much are commercial property taxes in Sunset Park?

On the Department of Finance's 2026/27 assessment roll, the 37 large commercial buildings Leasemark tracks in Sunset Park that pay property tax come to a median of about $5.13 per square foot of floor area a year, with the middle half between $4.05 and $6.32. 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 607 2nd Avenue, about $4.03 million a year. 4 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

How much build-out work is happening in Sunset Park?

In the 12 months to October 2026, the Department of Buildings issued first permits for 25 interior build-outs in 14 of the 41 large commercial buildings Leasemark tracks in Sunset Park, with work permitted on 31 floors in all. Their filed cost estimates add up to about $3.3 million. The most were at 850 3rd Avenue (4 build-outs). A build-out here is interior work on the same floors (construction, mechanical, plumbing, sprinklers and the like) first permitted within 120 days. New interior work usually follows a lease, so it is a rough sign of where tenants are moving in, but a permit does not say who the work is for.

Build-outs in every NYC neighborhood

Do tenants in Sunset Park 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 Sunset Park 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.