New York City » 11214 » Bay 47 St » 197 Bay 47 St

197 Bay 47 Street #3, Brooklyn, NY 11214 - Property report

Also known as: 197 Bay 47 St #3

Property image for 197 Bay 47 Street #3, Brooklyn, NY 11214

Property type

Condo - Residential Unit in 1-3 Story Building (R3)

Year built

2003

Lot sq. ft.

4,128

Sale price

$535,000

General information

Address

Primary address

197 Bay 47 Street #3

ZIP code

11214

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

06915-1003

Building

Property type

Condo - Residential Unit in 1-3 Story Building (R3)

Unit sq. ft.

1,420

Buildings on lot

Stories

Year built

2003

Basement

Sales

Sale date

10/28/2015

Sale price

$535,000

Tax

Tax year

2026-2027

Property tax

$5,940

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Distance to wide street

Lot sq. ft.

4,128

Area overview

Walk score

79 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

64 /100. Bikeable

School district

Community district

Closest police station

0.95 Miles

Closest fire station

0.68 Miles

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

Ownership

Ownership information for 197 Bay 47 Street #3, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 197 Bay 47 Street #3, Brooklyn, NY 11214

Sale date	Sale price	Buyer name	Seller name
10/28/2015	$535,000	XXX, XXXX XXX	XXXXXXXXX, XXXXXX XXX XXXXXXXXX, XXXXX
11/12/2004	$334,620	XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXXX	XXXXXXX-XXX XXXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/17/2015 - R 11/09/2015 - D	Satisfaction of Mortgage (2015111100788001)	XXXXXXXXX XXXXXX	XXXXXXXX XXXXX XXXX
11/17/2015 - R 11/06/2015 - D	Satisfaction of Mortgage (2015111100780001)	XXXXXXXXX XXXXXX	XXXXXXXX XXXXX XXXX
11/13/2015 - R 10/28/2015 - D	Power of Attorney (2015103001129003)	XXX XXXX XXX	XXX XXX XXX XXXX XXXXXX XXXXXXXXXXX XXXXX XX XXXXX
11/13/2015 - R 10/28/2015 - D	Mortgage (2015103001129002)	XXX XXXX XXX	XXXXXXXX XXXXX XXXX X X
11/13/2015 - R 10/28/2015 - D	Deed (2015103001129001)	XXXXXXXXX XXXXXX	XXX XXXX XXX
01/09/2014 - R 10/26/2011 - D	Agreement (2014010200572003)	XXXXXXXXX XXXXXX	XXXXXXXX XXXXX XXXX XX
12/12/2011 - R 10/26/2011 - D	Mortgage (2011111100140001)	XXXXXXXXX XXXXXX	XXXXXXXX XXXXX XXXX XX
01/09/2014 - R 09/22/2011 - D	Assignment, Mortgage (2014010200572002)	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX	XXXXXXXX XXXXX XXXX XX
01/09/2014 - R 09/22/2011 - D	Assignment, Mortgage (2014010200572001)	XXXX XX XXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXX XXX	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXX
01/09/2014 - R 08/19/2011 - D	Subordination of Mortgage (2014010200572004)	XXXXXXXX XXXXX XXXX XX	XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 197 Bay 47 Street #3, 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

$5,940

Municipal exemptions

Recent tax assessments

Market value

$1,361,784

Assessed value

$81,707

More about New York City property taxes

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	$1,340,323	$80,420	$29,933	19.843%	$5,940	$5,940	-0.45%
2024/25	$1,058,720	$63,524	$29,707	20.085%	$5,967	$5,967	+6.00%
2023/24	$935,733	$56,144	$28,026	20.085%	$5,629	$5,629	+4.83%
2022/23	$862,684	$51,761	$26,441	20.309%	$5,370	$5,370	+7.83%
2021/22	$786,334	$47,180	$24,944	19.963%	$4,980	$4,980	-5.13%
2020/21	$613,823	$36,829	$24,944	21.045%	$5,249	$5,249	+21.63%
2019/20	$533,792	$32,028	$20,390	21.167%	$5,240	$4,316	+35.89%
2018/19	$628,053	$37,683	$15,183	20.919%	$4,886	$3,176	+47.42%
2017/18	$581,897	$34,914	$10,569	20.385%	$4,492	$2,154	+65.86%
2016/17	$497,450	$29,847	$6,498	19.991%	$4,156	$1,299	+127.12%

Permits

Permit information for 197 Bay 47 Street #3, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Gravesend residential market stats

Access a detailed real estate market overview of Gravesend so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Gravesend and compare it to other neighborhoods in Brooklyn.

Median sale price

$650,000

7% Y-o-Y

Median price/sq. ft.

$783

17.2% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Stillwell Ave & Bay 50th St at SW Corner

Station lines

Distance (miles)

0.242

View subway map

Access the detailed traffic volume map for 197 Bay 47 Street #3, Brooklyn, NY 11214 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 212 Lady Deborah Moody	5	No	Public	PK, K-5	586	0.14
P.S. 212 Lady Deborah Moody	5	No	Public	PK, K-5	586	0.14
Block Institute School	NR	No	Private	PK, K-2	217	0.31
Block Institute School	NR	No	Private	PK, K-2	217	0.31
Block Institute	NR	No	Private	PK, K-2	252	0.31
Block Institute	NR	No	Private	PK, K-2	252	0.31
Block Institute School	NR	No	Private	PK, K-2	252	0.31
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.42
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.71
P.S. 101 the Verrazano	8	No	Public	PK, K-5	1,057	0.71

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.42
Kingsborough Early College School	7	No	Public	6-12	743	0.45
Is 281 Joseph B Cavallaro	7	No	Public	6-8	1,164	0.56
Mark Twain is 239 for the Gifted and Talented	9	No	Public	6-8	1,207	0.64
Big Apple Academy	NR	No	Private	TK-8	888	0.74
Gesher Yehuda	NR	No	Private	K-12	67	0.82
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.82
Coney Island Preparatory Public Charter School	5	No	Charter	K-12	1,253	0.91
Is 303 Herbert S Eisenberg	4	No	Public	6-8	383	0.91
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.92

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
John Dewey High School	4	No	Public	9-12	2,150	0.36
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.42
International High School At Lafayette	2	No	Public	9-12	353	0.45
Kingsborough Early College School	7	No	Public	6-12	743	0.45
Life Academy High School For Film And Music	4	No	Public	9-12	251	0.45
High School Of Sports Management	2	No	Public	9-12	338	0.45
Leaders High School	6	No	Public	9-12	372	0.45
Liberation Diploma Plus	2	No	Public	9-12	175	0.72
Gesher Yehuda	NR	No	Private	K-12	67	0.82
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.82

Nearby ZIP codes for 197 Bay 47 Street #3, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11235, New York City, NY

Frequently asked questions

What is the year built for 197 Bay 47 Street #3, Brooklyn, NY 11214?

The development at 197 Bay 47 Street #3, Brooklyn, NY 11214 was built in 2003.

What is the total square footage of 197 Bay 47 Street #3, Brooklyn, NY 11214?

197 Bay 47 Street #3, Brooklyn, NY 11214 has a total of 1,420 square feet.

When was 197 Bay 47 Street #3, Brooklyn, NY 11214 last sold and what was the sale price?

197 Bay 47 Street #3, Brooklyn, NY 11214 was last sold on 10/28/2015 for $535,000.

What is the assessed value of 197 Bay 47 Street #3, Brooklyn, NY 11214?

197 Bay 47 Street #3, Brooklyn, NY 11214 is currently assessed at $81,707.

What are the property taxes for 197 Bay 47 Street #3, Brooklyn, NY 11214?

The property taxes for 197 Bay 47 Street #3, Brooklyn, NY 11214 total $5,939.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.