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Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 Property Information

Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 1
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Address

Building name Bush Terminal
Primary address Bush Terminal - 4002 2nd Avenue
Secondary address 3902-3924 2nd Ave
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00706-0001

Sales & Tax Overview for 4002 2nd Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $3,636,795

Lot & Building Information for 4002 2nd Avenue, Brooklyn

Lot sqft 223,374
Lot dimensions 460 ft x 494 ft
Building class Fireproof Warehouse (E1)
Building sqft 1,324,592
Building dimensions 460 ft x 475 ft
Buildings on lot 5
Stories 8
Year built 1911
Construction type
Status
Status date
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Zoning & Use for 4002 2nd Avenue, Brooklyn

Zoning
Commercial units 81
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.52 Miles
Closest fire station 0.37 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 4002 2nd Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 3902-3924 2nd Ave, Brooklyn, NY 11232
  • 4002-4024 2nd Ave, Brooklyn, NY 11232
  • 132 39th St, Brooklyn, NY 11232
  • 148 39th St, Brooklyn, NY 11232
  • 168-184 39th St, Brooklyn, NY 11232
  • 131 41st St, Brooklyn, NY 11232
  • 147 41st St, Brooklyn, NY 11232
  • 161-183 41st St, Brooklyn, NY 11232

About 4002 2nd Avenue, Brooklyn

How many square feet does Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 have?

This Fireproof Warehouse (E1) located at Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 has a total of 1,324,592 square feet.

What is the year built & the current market value of Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232?

Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232 was built in 1911 and has a current tax assessor's market value of $179,345,000.

How many commercial spaces does this building have?

This building has 81 commercial spaces available for lease. There are 4 active listings at this address.

Ownership Information for 4002 2nd Avenue, Brooklyn

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Property owner name for Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232
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Building contacts for Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 4002 2nd Avenue, Brooklyn

80 39th Street
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 

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
23 - 615 Industrial $20.92/Sqft/Year 3,155 N/A
6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
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.

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
A07 General Office Listing price not available 6,250 Shlomi Bagdadi
220 36th Street
Listing type For Lease
Listing date 10/17/2025
Last updated 05/20/2026

3,450 SF PRE-BUILT OFFICE SPACE
LOCATED IN INDUSTRY CITY

Available

View Listing
Spaces
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
No photo available
68 35th Street, Brooklyn
Listing type For Lease
Listing date 02/04/2026
Last updated 05/20/2026

2,585 SQUARE FOOT OFFICE
SUBLEASE IN INDUSTRY CITY

Available

View Listing
Spaces
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
Active Listings For This Property:
For Lease 80 39th Street
80 39th Street
4002 2nd Avenue, Brooklyn
Property Industrial
Availability 1 Spaces listed / 3155 Sqft
Price $20.92/Sqft/Year
For Lease 6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
4002 2nd Avenue, Brooklyn
Property General Office
Availability 1 Spaces listed / 6250 Sqft
Price Listing price not available
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Past Sales & Property History for 4002 2nd Avenue, Brooklyn

Create a free account to view the complete sales history for 4002 2nd Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 4002 2nd Avenue, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
10/07/2024 - R UCC3 Continuation
(2024100700419001)
10/07/2024 - R UCC3 Continuation
(2024100700292001)
02/12/2024 - D
04/08/2024 - R
Agreement
(2024021200385001)
12/22/2022 - D
01/13/2023 - R
Subordination of Mortgage
(2023010300411002)
12/23/2021 - R Initial UCC1
(2021121000420004)
12/23/2021 - R Initial UCC1
(2021121000420003)
12/09/2021 - D
12/23/2021 - R
Mortgage
(2021121000420002)
12/09/2021 - D
12/23/2021 - R
Mortgage
(2021121000420001)
02/08/2021 - D
03/05/2021 - R
Agreement
(2021030200269002)
02/08/2021 - D
03/05/2021 - R
Agreement
(2021030200269001)
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R: Recorded date
D: Document date

Property Taxes for 4002 2nd Avenue, Brooklyn

Access detailed property tax data for Bush Terminal - Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $2,408,135
Estimated property tax: $3,636,795
Tax assessor's market value: $179,345,000
Assessed value: $80,705,250

Assessment History for 4002 2nd Avenue, Brooklyn

Here's the assessment & property tax history for 4002 2nd Avenue, 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 $179,345,000 $80,705,250 $49,317,840 10.848% $5,349,999 $2,408,135 +13.67%
2024/25 $170,544,000 $76,744,800 $38,233,710 10.762% $4,114,712 $2,118,469 +6.78%
2023/24 $77,062,000 $34,677,900 $27,733,320 10.592% $2,937,513 $1,983,936 +11.66%
2022/23 $67,037,000 $30,166,650 $25,646,310 10.646% $2,730,306 $1,776,729 +7.08%
2021/22 $53,988,000 $24,294,600 $24,294,600 10.755% $2,612,884 $1,659,307 -36.03%

Permits for 4002 2nd Avenue, Brooklyn

The complete history of permits filed for 4002 2nd Avenue, 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.

Filing date Job type Job status Job description Initial cost
04/14/2026 Alteration
04/14/2026 Alteration
04/13/2026 Alteration
01/21/2026 Alteration
01/12/2026 Alteration
01/12/2026 Alteration
01/12/2026 Alteration
01/12/2026 Alteration
01/09/2026 Alteration
01/09/2026 Alteration
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Brooklyn Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): 0.2,X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 36th St at NW Corner
Station lines N-R
Distance (miles) 0.391
View subway map
Bus Routes
Name 39 ST/2 Av
Line B35
Distance (miles) 0.063

Neighbors for 4002 2nd Avenue, Brooklyn

Here are the neighbors for Bush Terminal - Bush Terminal - 4002 2nd Avenue, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
427 39th St, Brooklyn 3,800 09/29/2017 $1,920,000
425 39th St, Brooklyn 2,438 02/28/2014
3901 2nd Ave, Brooklyn 5,000 03/29/2017 $3,000,000
437 39th St, Brooklyn 12,516 12/11/2002 $460,000
256 39th St, Brooklyn 02/11/2015
218 39th St, Brooklyn 9,300 03/21/2014 $1,900,000
116 39th St, Brooklyn 43,750 05/09/1977
415 39th St, Brooklyn 01/08/2015 $6,000,000
421 39th St, Brooklyn 1,600 12/15/2020 $1,200,000
423 39th St, Brooklyn 8,000 01/17/2012 $1,550,000
441 39th St, Brooklyn 4,479 09/04/1997
443 39th St, Brooklyn 17,664 10/07/2021 $683,948
457 39th St, Brooklyn 25,262 11/30/2012 $565,000
80 39th St, Brooklyn 679,573 08/19/2013
3913 2nd Ave, Brooklyn 127,500 12/31/2000
3905 2nd Ave, Brooklyn 19,651 02/22/2000
228 39th St, Brooklyn 3,780 12/14/2015
230 39th St, Brooklyn 15,600 02/24/2012
254 39th St, Brooklyn 02/11/2015
465 39th St, Brooklyn 4,250 05/16/2012 $440,000
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