New York City  »  11201  »  Water St  »  55 Water St

Empire Stores - 55 Water Street, Brooklyn, NY 11201 - Property report

Also known as: 2-14 Main St

Property image for Empire Stores - 55 Water Street, Brooklyn, NY 11201
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1900

Lot sq. ft.

80,795

General information

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Address
Building name
Empire Stores
Primary address
Empire Stores - 55 Water Street
Alternate address(es)
2-14 Main St
55-83 Water St
ZIP code
11201
Neighborhood
DUMBO
Borough
Brooklyn
Block & lot
00026-0050

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
392,162
Building dimensions
338.1 ft x 190 ft
Buildings on lot
1
Stories
5
Year built
1900
Last altered
2013
Building material
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
338.08 ft x 190.18 ft
Lot sq. ft.
80,795

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
13
Community district
2

View more such as transportation, nearby schools and risk designations.

Ownership information for Empire Stores - 55 Water Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Empire Stores - 55 Water Street, Brooklyn, NY 11201

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/03/2025 - R
02/24/2025 - D
Agreement
(2025040300353002)
XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX XX XXXXX XXX
04/03/2025 - R
02/24/2025 - D
Agreement
(2025040300353001)
XXXXXXXX XXXXXX XXXX XXXXXXXXXXX XXX XXXXXX XXXXXXXXXX XXXXX XXX
09/22/2023 - R UCC3 Continuation
(2023092000729001)
XX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
02/15/2019 - R Initial UCC1
(2019020600933012)
XX XXXXX XXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
02/15/2019 - R UCC3 Termination
(2019020600933006)
XX XXXXX XXX XXXXXXXX XXXXXX XXXX XXXXXXXXXXX XXXXXXXXXXX
02/15/2019 - R UCC3 Termination
(2019020600933005)
XX XXXXX XXX XXXXXXXX XXXXXX XXXX XXXXXXXXXXX XXXXXXXXXXX
02/15/2019 - R UCC3 Termination
(2019020600933004)
XX XXXXX XXX XXXXXXXX XXXXXX XXXX XXXXXXXXXXX XXXXXXXXXXX
02/15/2019 - R
02/05/2019 - D
Assignment, Mortgage
(2019020600933009)
XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
02/15/2019 - R
02/05/2019 - D
Assignment, Mortgage
(2019020600933008)
XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX
02/15/2019 - R
02/05/2019 - D
Assignment, Mortgage
(2019020600933007)
XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Empire Stores - 55 Water Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Municipal exemptions
Recent tax assessments
Market value
$180,876,900
Assessed value
$81,394,626

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y 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%
2020/21 $125,652,000 $56,543,400 $39,124,260 10.694% $4,183,948 $4,183,948 +14.76%
2019/20 $80,167,000 $36,075,150 $34,598,878 10.537% $3,645,684 $3,645,684 +2.88%
2018/19 $77,706,000 $34,967,700 $33,702,654 10.514% $3,543,497 $3,543,497 +2.04%
2017/18 $75,819,000 $34,118,550 $33,027,910 10.514% $3,472,554 $3,472,554 +310.74%
2016/17 $20,952,045 $9,428,420 $7,995,378 10.574% $845,431 $845,431 +22.03%

Permit information for Empire Stores - 55 Water Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/28/2026 Alteration
04/28/2026 Alteration
04/20/2026 Alteration
04/20/2026 Alteration
02/27/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
04/17/2021 E-elevator elevatorrequired
04/17/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Cadman Plaza West & Cranberry St at NW Corner
Station lines
A-C-J-Z-2-3-4-5
Distance (miles)
0.292

Access the detailed traffic volume map for Empire Stores - 55 Water Street, Brooklyn, NY 11201 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Empire Stores - 55 Water Street, Brooklyn, NY 11201?

The development at Empire Stores - 55 Water Street, Brooklyn, NY 11201 was built in 1900.

What is the market value of Empire Stores - 55 Water Street, Brooklyn, NY 11201?

The current market value of Empire Stores - 55 Water Street, Brooklyn, NY 11201 is $180,876,900.

What is the total square footage of Empire Stores - 55 Water Street, Brooklyn, NY 11201?

Empire Stores - 55 Water Street, Brooklyn, NY 11201 has a total of 392,162 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 15.

How many active listings does Empire Stores - 55 Water Street, Brooklyn, NY 11201 have?

This address has 1 active listing(s).

Disclaimer

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