| Building name | Empire Stores |
| Primary address | Empire Stores - 55 Water Street |
| Secondary address | 2-14 Main St |
| Neighborhood | DUMBO |
| Zip code | 11201 |
| Borough | Brooklyn |
| Block & lot | 00026-0050 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $843,423 |
| Lot sqft | 80,795 |
| Lot dimensions | |
| Building class | Office with Commercial - 1 to 6 Stories (O5)
|
| Building sqft | 392,162 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1900 |
| Year last altered | 2013 |
| Construction type | Register |
| School district | 13 |
| Community district | 2 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office with Commercial - 1 to 6 Stories (O5) located at Empire Stores - 55 Water Street, Brooklyn, NY 11201 has a total of 392,162 square feet.
What is the year built & the current market value of Empire Stores - 55 Water Street, Brooklyn, NY 11201?Empire Stores - 55 Water Street, Brooklyn, NY 11201 was built in 1900 and has a current tax assessor's market value of $177,655,000.
How many commercial spaces does this building have?This building has 15 commercial spaces available for lease. There are 2 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Last updated | 04/30/2026 |
| Lot size | 1.85 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 55 Water Street 20th Floor | Creative Office | Listing price not available | 62,289 | Gilbert Ohls Matthew Felice |
| Listing type | For Lease |
|---|---|
| Listing date | 11/18/2022 |
| Last updated | 05/12/2026 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial Building | Interior Retail | $150/Sqft/Year | 10,000 | Ian Lerner |
Create a free account to view the complete sales history for 55 Water Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Empire Stores - Empire Stores - 55 Water Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $0 |
| Estimated property tax: | $843,423 |
| Tax assessor's market value: | $177,655,000 |
| Assessed value: | $79,944,750 |
Here's the assessment & property tax history for 55 Water Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $177,655,000 | $79,944,750 | $68,156,630 | 10.848% | $7,393,631 | $58,615 | -45.68% |
| 2024/25 | $174,444,400 | $78,500,000 | $63,476,360 | 10.762% | $6,831,326 | $107,910 | -98.60% |
| 2023/24 | $161,728,000 | $72,777,600 | $54,991,390 | 10.592% | $5,824,688 | $7,708,603 | +1090.79% |
| 2022/23 | $145,444,400 | $65,449,980 | $47,429,410 | 10.646% | $5,049,335 | $647,351 | +2478.06% |
| 2021/22 | $98,024,000 | $44,110,800 | $41,163,120 | 10.755% | $4,427,094 | $25,110 | -99.40% |
The complete history of permits filed for 55 Water Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | AE (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
|
Distance to Subway
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Closest station | Cadman Plaza West & Cranberry St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C-J-Z-2-3-4-5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.292 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Bus Routes
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Water St/Main St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.037 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Empire Stores - Empire Stores - 55 Water Street, Brooklyn, NY 11201.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 143 Bergen St, Brooklyn | 4,900 | ||
| 75 Columbia St, Brooklyn | 22,963 | ||
| 110 Congress St, Brooklyn | 3,467 | 11/23/2015 | $4,067,909 |
| 45 Water St, Brooklyn | 22,747 | ||
| 297 Hicks St, Brooklyn | 6,125 | 12/14/2021 | |
| 643 A Madison St, Brooklyn | 4,326 | ||
| 102 Gold St, Brooklyn | 10,194 | ||
| 24 Remsen St, Brooklyn | 7,445 | ||
| 116 Montague St, Brooklyn | 8,027 | ||
| 126 Congress St, Brooklyn | 3,467 | 02/20/2015 | $4,302,106 |