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870 3rd Avenue, Brooklyn, NY 11232 Property Information

870 3rd Avenue, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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870 3rd Avenue, Brooklyn, NY 11232
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Address

Primary address 870 3rd Avenue
Neighborhood Greenwood Heights
Zip code 11232
Borough Brooklyn
Block & lot 00675-0010

Sales & Tax Overview for 870 3rd 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 $313,903

Lot & Building Information for 870 3rd Avenue, Brooklyn

Lot sqft 162,712
Lot dimensions 152.35 ft x 620 ft
Building class Unlicensed Parking Lot (G7)
Buildings on lot 1
Year last altered 2011
Frontage(s) 32 Street (wide)
3 Avenue (wide)
2 Avenue (wide)
Gowanus Expressway (narrow)
31 Street (wide)
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Zoning & Use for 870 3rd Avenue, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7

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

Other Property Data for 870 3rd 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 870 3rd 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 870 3rd Avenue, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 870 3rd Avenue, Brooklyn

What is the assessed value of 870 3rd Avenue, Brooklyn, NY 11232 and the property tax paid?

Assessed at $3,430,800, the tax amount paid for 870 3rd Avenue, Brooklyn, NY 11232 is $264,710. For the next year, the tax amount for 870 3rd Avenue, Brooklyn, NY 11232 is estimated at $313,903.

When was 870 3rd Avenue, Brooklyn, NY 11232 last sold?

870 3rd Avenue, Brooklyn, NY 11232 was last sold in 10/01/2018.

Ownership Information for 870 3rd Avenue, Brooklyn

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Property owner name for 870 3rd Avenue, Brooklyn, NY 11232
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Building contacts for 870 3rd Avenue, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 870 3rd Avenue, Brooklyn

Liberty BKLYN
Listing type For Lease
Listing date 02/09/2025
Last updated 05/21/2026

A recently renovated 1,300,000 SF flex building built in 1920. The property is on 8 floors with 183,000 sf floor plates ranging from retail, office and industrial use. The building offers a 60,000 sf ground floor loading area as well as 3 floors dedicated to industrial use, 3 floors outfitted for flex/office use and retail on the 1st and 2nd floors.

View Listing

Brokers

Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Spaces
Suite name Space type Lease rate Available space Brokers
Suite 306 Manufacturing Listing price not available 55,539 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Suite 505 Manufacturing Listing price not available 18,405 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Suite 700 Manufacturing Listing price not available 183,000 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Suite 800 Manufacturing Listing price not available 183,000 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Suite 601/603/605 Manufacturing Listing price not available 104,642 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Suite 606 Manufacturing $24/Sqft/Year 10,881 Rico T. Murtha
Helen Paul
Gurpreet S. Singh
Amanda Gerhardt
Active Listings For This Property:
For Lease Liberty BKLYN
Liberty BKLYN
870 3rd Avenue, Brooklyn
Property Industrial
Availability 6 Spaces listed / 555467 Sqft
Price $24/Sqft/Year
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 870 3rd Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 870 3rd 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
11/12/2025 - D
02/19/2026 - R
Sundry Agreement
(2026021300907002)
11/12/2025 - D
02/19/2026 - R
Memorandum of Lease
(2026021300907001)
04/02/2025 - D
04/04/2025 - R
Both RPTT and RETT
(2025040300938001)
10/24/2024 - R UCC3 Continuation
(2024102400179001)
04/15/2024 - D
04/19/2024 - R
Sundry Agreement
(2024041800517001)
04/13/2020 - R UCC3 Assignment
(2020022800971004)
02/19/2020 - D
04/13/2020 - R
Asgn of Asgn of L&R
(2020022800971003)
02/19/2020 - D
04/13/2020 - R
Assignment, Mortgage
(2020022800971002)
02/19/2020 - D
04/13/2020 - R
Assignment, Mortgage
(2020022800971001)
02/07/2020 - R Initial UCC1
(2020020600589003)
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R: Recorded date
D: Document date

Property Taxes for 870 3rd Avenue, Brooklyn

Access detailed property tax data for 870 3rd 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: $264,711
Estimated property tax: $313,903
Tax assessor's market value: $7,624,000
Assessed value: $3,430,800

Assessment History for 870 3rd Avenue, Brooklyn

Here's the assessment & property tax history for 870 3rd 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 $7,624,000 $3,430,800 $2,440,180 10.848% $264,711 $264,711 +17.41%
2024/25 $7,006,000 $3,152,700 $2,095,020 10.762% $225,466 $225,466 +24.50%
2023/24 $5,389,000 $2,425,050 $1,709,730 10.592% $181,095 $181,095 +18.91%
2022/23 $4,145,000 $1,865,250 $1,430,536 10.646% $152,295 $152,295 +15.78%
2021/22 $3,604,000 $1,621,800 $1,223,039 10.755% $131,538 $131,538 +16.62%

Permits for 870 3rd Avenue, Brooklyn

The complete history of permits filed for 870 3rd 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
03/04/2020 Alteration
02/21/2020 Alteration
02/21/2020 Alteration
02/21/2020 Alteration
02/21/2020 Alteration
02/21/2020 Alteration
10/26/2016 Sign
10/14/2016 Sign
10/14/2016 Alteration type 3
10/11/2016 Sign
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Greenwood Heights Residential Market Stats

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

Median Sale Price
$1,197,500
1.1% YoY
Median Price/Sqft
$978
4.2% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

Risk

FEMA flood zone(s): 0.2,AE,X (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 36th St at NW Corner
Station lines N-R
Distance (miles) 0.288
View subway map
Bus Routes
Name 3 Av/29 St
Line B37
Distance (miles) 0.112

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 172 Beacon School Of Excellence 9 Yes Public PK, K-5 460 0.27
P.S. 172 Beacon School Of Excellence 9 Yes Public PK, K-5 460 0.27
P.S. 958 NR No Public PK, K 50 0.41
P.S. 958 NR No Public PK, K 50 0.41
P.S. 24 4 No Public PK, K-5 530 0.42

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 136 Charles O Dewey 2 No Public 6-8 535 0.49
Sunset Park Prep 5 No Public 6-8 440 0.49
St. Michael Elementary School NR No Private K-8 0 0.58
AL-Noor School NR No Private PK-12 630 0.59
Al-Noor School NR No Private PK-12 654 0.59

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Sunset Park High School 4 No Public 9-12 1,418 0.23
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.32
AL-Noor School NR No Private PK-12 630 0.59
Al-Noor School NR No Private PK-12 654 0.59
Yeshiva Machzikel Hadas NR No Private 12 0 0.72

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 870 3rd Avenue, Brooklyn

Here are the neighbors for 870 3rd Avenue, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
349 A State St, Brooklyn 3,680 08/14/2025 $4,225,000
1127 Greene Ave, Brooklyn 2,194 02/01/2023
1133 Greene Ave, Brooklyn 2,195 02/01/2023
1129 Greene Ave, Brooklyn 2,195 02/01/2023
349 State St, Brooklyn 3,992 08/27/2015 $4,100,000
1131 Greene Ave, Brooklyn 2,195 02/01/2023
351 State St, Brooklyn 3,992 03/21/2016 $4,022,088
347 A State St, Brooklyn 3,680 04/23/2021 $3,750,000
347 State St, Brooklyn 3,206 04/11/2022
345 State St, Brooklyn 3,800 06/14/2019 $4,100,000
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