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

197 Bay 47 Street #5, Brooklyn, NY 11214 - Property report

Also known as: 197 Bay 47 St #5

Property image for 197 Bay 47 Street #5, Brooklyn, NY 11214
static Mapbox map

Property type

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

Year built

2003

Lot sq. ft.

4,128

Sale price

$650,000

General information

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Address
Primary address
197 Bay 47 Street #5
ZIP code
11214
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06915-1005

Owner

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Building
Property type
Condo - Residential Unit in 1-3 Story Building (R3)
Building sq. ft.
1,042
Buildings on lot
1
Stories
3
Year built
2003
Basement
N
Sales
Sale date
08/28/2025
Sale price
$650,000
Tax
Tax year
2026-2027
Property tax
$4,810
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
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
21
Community district
13
Closest police station
0.95 Miles
Closest fire station
0.68 Miles

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Ownership

Ownership information for 197 Bay 47 Street #5, Brooklyn, NY

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

Sales history for 197 Bay 47 Street #5, Brooklyn, NY 11214

Sale date Sale price Buyer name Seller name
08/28/2025 $650,000 XXXXXXXXXXX, XXXXXXXXXX XXX XXXXXXXXXXXX, XXXXXXXXX XXX XXXXXXXXXXXX, XXXXXXX XXXXXXXX, XXXX
10/15/2004 $346,788 XXXXXXXX, XXXX XXXXXXX-XXX XXXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/04/2026 - R
01/23/2026 - D		 Assignment, Mortgage
(2026020400683002)		 XXX XXXXXXXX XXXXXXX XXX XXX XXXXXXXX XXXXXXX XXX
09/23/2025 - R
09/12/2025 - D		 Satisfaction of Mortgage
(2025091900771001)		 XXXXXXXX XXXX XXXXXXXX XXXXX XXXX
09/12/2025 - R
08/28/2025 - D		 Mortgage
(2025090900637002)		 XXXXXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
09/12/2025 - R
08/28/2025 - D		 Deed
(2025090900637001)		 XXXXXXXX XXXX XXXXXXXXXXX XXXXXXXXXX
10/11/2016 - R
09/29/2016 - D		 Satisfaction of Mortgage
(2016100301186001)		 XXXXXXXX XXXX XXXXXXXX XXXXX XXXX
10/14/2016 - R
09/09/2016 - D		 Agreement
(2016101300785003)		 XXXXXXXX XXXX XXXXX XXXXX XXXX XX
10/14/2016 - R
09/09/2016 - D		 Mortgage
(2016101300785002)		 XXXXXXXX XXXX XXXXX XXXXX XXXX XX
10/14/2016 - R
06/27/2016 - D		 Assignment, Mortgage
(2016101300785001)		 XXXXXXXX XXXXX XXXX XX XXXXX XXXXX XXXX XX
11/08/2004 - R
10/15/2004 - D		 Deed
(2004102700414001)		 XXXXXXXXXX XXXXXXX XXXX XXXXXXXX XXXX
11/08/2004 - R
10/12/2004 - D		 Power of Attorney
(2004102700414004)		 XXXXXXXX XXXX XXX XXX XXX XXXX XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 197 Bay 47 Street #5, 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
$4,810
Municipal exemptions
Recent tax assessments
Market value
$1,102,727
Assessed value
$66,163

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 $1,085,349 $65,121 $24,240 19.843% $4,810 $4,810 -0.45%
2024/25 $857,315 $51,439 $24,055 20.085% $4,831 $4,831 +6.00%
2023/24 $757,725 $45,463 $22,694 20.085% $4,558 $4,558 +4.83%
2022/23 $698,572 $41,914 $21,410 20.309% $4,348 $4,348 +7.81%
2021/22 $636,746 $38,205 $20,200 19.963% $4,033 $4,033 -5.13%
2020/21 $497,052 $29,823 $20,200 21.045% $4,251 $4,251 +21.64%
2019/20 $432,246 $25,935 $16,511 21.167% $4,243 $3,495 +35.88%
2018/19 $508,575 $30,514 $12,295 20.919% $3,956 $2,572 +47.43%
2017/18 $471,200 $28,272 $8,558 20.385% $3,637 $1,745 +65.87%
2016/17 $402,818 $24,169 $5,261 19.991% $3,365 $1,052 +127.14%
Permits

Permit information for 197 Bay 47 Street #5, 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.

$784

14.7% 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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Stillwell Ave & Bay 50th St at SW Corner
Station lines
D
Distance (miles)
0.242
View subway map

Access the detailed traffic volume map for 197 Bay 47 Street #5, 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 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-2 217 0.31
Block Institute School NR No Private PK, K-2 217 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
Leaders High School 6 No Public 9-12 372 0.45
International High School At Lafayette 2 No Public 9-12 353 0.45
High School Of Sports Management 2 No Public 9-12 338 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
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

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 197 Bay 47 Street #5, Brooklyn, NY

2821 W 17th St, Brooklyn 148 Bay 43 St, Brooklyn 8833 26th Ave, Brooklyn 2823 W 17th St, Brooklyn 3809 Highland Ave, Brooklyn 8825 26th Ave, Brooklyn 8831 26th Ave, Brooklyn 2575 W 16th St, Brooklyn 2823 A W 17th St, Brooklyn 8823 26th Ave, Brooklyn 64 Village Rd N, Brooklyn 152 Bay 43 St, Brooklyn 2827 W 17th St, Brooklyn 3865 Surf Ave, Brooklyn 2663 Harway Ave, Brooklyn 150 Bay 43 St, Brooklyn 8829 26th Ave, Brooklyn 8827 26th Ave, Brooklyn 2825 W 17th St, Brooklyn 3869 Surf Ave, Brooklyn

Nearby ZIP codes for 197 Bay 47 Street #5, 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 #5, Brooklyn, NY 11214?

The development at 197 Bay 47 Street #5, Brooklyn, NY 11214 was built in 2003.

What is the total square footage of 197 Bay 47 Street #5, Brooklyn, NY 11214?

197 Bay 47 Street #5, Brooklyn, NY 11214 has a total of 1,042 square feet.

When was 197 Bay 47 Street #5, Brooklyn, NY 11214 last sold and what was the sale price?

197 Bay 47 Street #5, Brooklyn, NY 11214 was last sold on 08/28/2025 for $650,000.

What is the assessed value of 197 Bay 47 Street #5, Brooklyn, NY 11214?

197 Bay 47 Street #5, Brooklyn, NY 11214 is currently assessed at $66,163.

What are the property taxes for 197 Bay 47 Street #5, Brooklyn, NY 11214?

The property taxes for 197 Bay 47 Street #5, Brooklyn, NY 11214 total $4,809.

How many residential units does this building have?

This building has 1 residential unit(s).

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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