New York City  »  11238  »  Atlantic Ave  »  1050 Atlantic Ave

CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238 - Property report

Also known as: 1050 Atlantic Ave

Property image for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238
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Property type

Self-Storage Warehouse (E7)

Year built

1930

Lot sq. ft.

26,450

Sale price

$20,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
CubeSmart Self Storage
Primary address
CubeSmart Self Storage - 1050 Atlantic Avenue
Alternate address(es)
1043-1053 Pacific St
1050-1060 Atlantic Ave
594-612 Classon Ave
ZIP code
11238
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01125-0040

Owner

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Building
Property type
Self-Storage Warehouse (E7)
Building sq. ft.
50,550
Building dimensions
112.25 ft x 200 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Sales
Sale date
04/16/2014
Sale price
$20,000,000
Tax
Tax year
2026-2027
Property tax
$261,447
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
200 ft x 112.25 ft
Lot sq. ft.
26,450

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.70 Miles
Closest fire station
0.40 Miles

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

Ownership information for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY

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

Sales history for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
04/16/2014 $20,000,000 XXXXXXXXX X X. XXXX XXXXXXXX XXXXXX XXX
02/27/2012 $5,325,000 XXXX XXXXXXXX XXXXXX XXX XXXX XXXX XXXXX XXX
01/23/2007 $5,000,000 XXXX XXXX XXXXX, XXX XXXXXXX XXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/05/2017 - R UCC3 Termination
(2017100401048001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
10/12/2017 - R
10/04/2017 - D
Satisfaction of Mortgage
(2017100400556001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
10/12/2017 - R
10/04/2017 - D
Termination of Assign of L&R
(2017100400373001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
10/12/2017 - R
10/01/2017 - D
Satisfaction of Mortgage
(2017100400337001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
11/23/2015 - R UCC3 Termination
(2015111801027001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
09/21/2015 - R UCC3 Termination
(2015091001068001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
10/27/2015 - R
09/08/2015 - D
Satisfaction of Mortgage
(2015092800653001)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
05/01/2014 - R
04/16/2014 - D
Deed
(2014041701239001)
XXXX XXXXXXXX XXXXXX XXX XXXXXXXXX X X
01/15/2013 - R Initial UCC1
(2013010301163009)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX
01/15/2013 - R Initial UCC1
(2013010301163008)
XXXX XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for CubeSmart Self Storage - 1050 Atlantic Avenue, 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
Property tax
$261,447
Municipal exemptions
Recent tax assessments
Market value
$10,578,000
Assessed value
$4,760,100

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 $7,454,000 $3,354,300 $3,017,160 10.848% $327,302 $227,972 +6.13%
2024/25 $7,029,000 $3,163,050 $2,918,880 10.762% $314,130 $214,800 +4.63%
2023/24 $6,790,000 $3,055,500 $2,877,840 10.592% $304,821 $205,291 +4.64%
2022/23 $6,414,000 $2,886,300 $2,775,780 10.646% $295,510 $196,180 +2.65%
2021/22 $6,213,000 $2,795,850 $2,700,540 10.755% $290,443 $191,113 -32.29%
2020/21 $6,362,000 $2,862,900 $2,639,430 10.694% $282,261 $282,261 +4.82%
2019/20 $6,197,000 $2,788,650 $2,555,641 10.537% $269,288 $269,288 +3.26%
2018/19 $5,656,000 $2,545,200 $2,480,401 10.514% $260,789 $260,789 +0.32%
2017/18 $5,578,000 $2,510,100 $2,472,571 10.514% $259,966 $259,966 +4.76%
2016/17 $5,534,000 $2,490,300 $2,346,931 10.574% $248,164 $248,164 +4.66%

Permit information for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/23/2024 Alteration
05/13/2024 Alteration
01/03/2024 Alteration
12/12/2023 Alteration
09/21/2023 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/05/2021 E-elevator elevatorrequired
03/01/2013 Lblvio-low pressure boiler
03/01/2013 Lblvio-low pressure boiler

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Franklin Ave & Fulton St at SW Corner
Station lines
A-FS
Distance (miles)
0.188

Access the detailed traffic volume map for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238 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 CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238?

The development at CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238 was built in 1930.

What is the market value of CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238?

The current market value of CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238 is $10,578,000.

What is the total square footage of CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238?

CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238 has a total of 50,550 square feet.

What is the price per square foot for this property?

$395 per square foot is the price for CubeSmart Self Storage - 1050 Atlantic Avenue, Brooklyn, NY 11238.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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