| Building name | Industry City Building 1 |
| Primary address | Industry City Building 1 - 241 37th Street |
| Secondary address | 629-639 2nd Ave |
| Neighborhood | Sunset Park |
| Zip code | 11232 |
| Borough | Brooklyn |
| Block & lot | 00695-0001 |
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 | $1,691,761 |
| Lot sqft | 72,198 |
| Lot dimensions | |
| Building class | Office with Commercial - 1 to 6 Stories (O5)
|
| Building sqft | 329,350 |
| Building dimensions |
| Buildings on lot | 2 |
| Stories | 6 |
| Year built | 1907 |
| Construction type | Register |
| School district | 15 |
| Community district | 7 |
| Closest police station | 0.33 Miles |
| Closest fire station | 0.26 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office with Commercial - 1 to 6 Stories (O5) located at Industry City Building 1 - 241 37th Street, Brooklyn, NY 11232 has a total of 329,350 square feet.
What is the year built & the current market value of Industry City Building 1 - 241 37th Street, Brooklyn, NY 11232?Industry City Building 1 - 241 37th Street, Brooklyn, NY 11232 was built in 1907 and has a current tax assessor's market value of $41,281,000.
How many commercial spaces does this building have?This building has 37 commercial spaces available for lease. There are 4 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 |
|---|---|
| Listing date | 05/12/2023 |
| Last updated | 01/23/2025 |
| Lot size | 27.24 Acre |
3,155 SF Industrial Use Space, 12 Foot Ceilings, Built Out Office, Private Bathroom, Passenger and Freight Elevators, Employee Amenities, 23 Foot Column Spacing, Walking Distance To The D, N, Q, R & W As Well As Plenty Of Buses, restaurants, Bars And Activities All In The Area
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 23 - 615 | Industrial | $20.92/Sqft/Year | 3,155 | N/A |
| Listing type | For Lease |
|---|---|
| Listing date | 11/14/2024 |
| Last updated | 05/19/2026 |
| Lot size | 5.128 Acre |
Located in the Sunset Park neighborhood of Brooklyn between 1st Ave & 2nd Ave near the 36th St subway station. Nearest Transit: N, R, & D trains at 36th St and the B37, B35, & B70 bus lines. Nearby tenants include Porsche Brooklyn, Starbucks, Volvo Cars Brooklyn, Whole Foods Market Warehouse, Costco Wholesale, Petco, McDonald's, Domino's Pizza, The UPS Store, Chipotle Mexican Grill, Pawz Dog Boots, Ashley Store, Industry City Food Hall, Design Within Reach Brooklyn Outlet, Petco, Burger Joint Industry City, Ends Meat, West Elm Outlet, Kuruto Food, and more! Industry City campus mixes office space, creative studios, shops, retail, and dining all in one place — so staff can grab lunch, coffee, or run errands without leaving the area. There are 60+ restaurants and retailers, plus food halls like Japan Village, breweries, cafés, and specialty markets that keep the environment lively. Multiple furnished, heated courtyards serve as open outdoor “living rooms” — great for informal meetings, lunch breaks, or hosting guests. The campus regularly hosts events, festivals, markets, and cultural programming that make work feel less like a traditional office.Having an office at Industry City is especially appealing because it offers a prime Brooklyn location combined with a vibrant, campus-style work environment. Easily accessible via the D, N, and R subway lines and major roadways, it’s convenient for both employees and clients. The campus blends office space with an energetic mix of shops, restaurants, cafés, and food halls, allowing teams to grab coffee, lunch, or host informal meetings without leaving the property. Landscaped courtyards and outdoor common areas create a unique setting for breaks, collaboration, and events, while the creative, mixed-use atmosphere fosters inspiration, community, and networking among a diverse group of businesses. Overall, Industry City delivers more than just an office—it offers a dynamic, lifestyle-driven workplace that enhances daily productivity and company culture.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| A07 | General Office | Listing price not available | 6,250 | Shlomi Bagdadi |
| Listing type | For Lease |
|---|---|
| Listing date | 10/17/2025 |
| Last updated | 05/19/2026 |
3,450 SF PRE-BUILT OFFICE SPACE
LOCATED IN INDUSTRY CITY
Available
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | General Office | Listing price not available | 3,450 | Richard Novak Ryan Millevoi Christopher Owens |
| Listing type | For Lease |
|---|---|
| Listing date | 02/04/2026 |
| Last updated | 05/19/2026 |
2,585 SQUARE FOOT OFFICE
SUBLEASE IN INDUSTRY CITY
Available
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | General Office | Listing price not available | 2,585 | Richard Novak Ryan Millevoi Christopher Owens |
Create a free account to view the complete sales history for 241 37th 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 Industry City Building 1 - Industry City Building 1 - 241 37th Street, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $1,668,172 |
| Estimated property tax: | $1,691,761 |
| Tax assessor's market value: | $41,281,000 |
| Assessed value: | $18,576,450 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 241 37th 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 | $41,281,000 | $18,576,450 | $15,377,694 | 10.848% | $1,805,223 | $1,668,172 | +8.17% |
| 2024/25 | $43,533,000 | $19,589,850 | $14,329,519 | 10.762% | $1,746,090 | $1,542,143 | +10.91% |
| 2023/24 | $35,996,000 | $16,198,200 | $13,126,771 | 10.592% | $1,658,021 | $1,390,388 | +5.84% |
| 2022/23 | $35,970,000 | $16,186,500 | $12,340,138 | 10.646% | $1,649,979 | $1,313,731 | +15.61% |
| 2021/22 | $35,260,000 | $15,867,000 | $10,565,729 | 10.755% | $1,543,973 | $1,136,344 | +12.49% |
The complete history of permits filed for 241 37th 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): | 0.2,AE,X (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Closest station | 4th Ave & 36th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.221 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 3 Av/37 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Industry City Building 1 - Industry City Building 1 - 241 37th Street, Brooklyn, NY 11232.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 822 4th Ave, Brooklyn | 41,245 | 09/17/2013 | $2,300,000 |
| 141 29th St, Brooklyn | 3,555 | 09/30/2002 | |
| 179 28th St, Brooklyn | 2,536 | 01/29/2015 | $999,000 |
| 181 28th St, Brooklyn | 1,760 | 09/17/2020 | $1,388,000 |
| 770 5th Ave, Brooklyn | 19,370 | 07/10/2013 | $3,586,410 |
| 232 27th St, Brooklyn | 2,160 | 10/21/2025 | $2,250,000 |
| 135 29th St, Brooklyn | 1,402 | 12/11/2017 | $1,400,000 |
| 189 28th St, Brooklyn | 3,750 | 10/29/1968 | |
| 149 29th St, Brooklyn | 12,000 | 02/24/2016 | |
| 191 28th St, Brooklyn | 2,920 | 04/28/2021 | |
| 195 28th St, Brooklyn | 5,000 | 06/19/2024 | |
| 199 28th St, Brooklyn | 07/08/2016 | ||
| 234 27th St, Brooklyn | 20,800 | ||
| 154 28th St, Brooklyn | 4,125 | 01/23/2014 | $800,000 |
| 137 29th St, Brooklyn | 3,338 | 06/29/2011 | $800,000 |
| 813 3rd Ave, Brooklyn | 17,478 | 12/27/1995 | |
| 143 29th St, Brooklyn | 4,200 | 09/30/1997 | |
| 197 28th St, Brooklyn | 2,433 | 02/12/1993 | |
| 95 29th St, Brooklyn | 04/10/2006 | $23,780,611 | |
| 133 29th St, Brooklyn | 4,675 | 01/01/2006 |
