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425 Fulton Street, Brooklyn, NY 11201 Property Information

425 Fulton Street, Brooklyn, NY 11201 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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425 Fulton Street, Brooklyn, NY 11201 1
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Address

Primary address 425 Fulton Street
Secondary address 24 Willoughby St
Neighborhood Downtown Brooklyn
Zip code 11201
Borough Brooklyn
Block & lot 00150-0010

Sales & Tax Overview for 425 Fulton Street, Brooklyn

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

Purchase date 12/11/2014
Purchase price $14,000,000
Tax class
Estimated property tax $233,574

Lot & Building Information for 425 Fulton Street, Brooklyn

Lot sqft 3,022
Lot dimensions 24.42 ft x 125 ft
Building class Predominant Retail with Other Uses (K4)
Building sqft 6,084
Building dimensions 24.42 ft x 125 ft
Buildings on lot 1
Stories 2
Year built 1915
Year last altered 2015
Construction type
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Zoning & Use for 425 Fulton Street, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 13
Community district 2
Closest police station 0.32 Miles
Closest fire station 0.42 Miles

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

Other Property Data for 425 Fulton Street, 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 425 Fulton Street, Brooklyn, NY 11201, 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 425 Fulton Street, Brooklyn, NY 11201, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 24 Willoughby St, Brooklyn, NY 11201

About 425 Fulton Street, Brooklyn

How many sq. ft. does 425 Fulton Street, Brooklyn, NY 11201 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 425 Fulton Street, Brooklyn, NY 11201 has a total of 6,084 square feet and a current price per square foot of $2,301.

What is the year built & the current market value of 425 Fulton Street, Brooklyn, NY 11201?

425 Fulton Street, Brooklyn, NY 11201 was built in 1915 and has a current tax assessor's market value of $5,573,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 425 Fulton Street, Brooklyn

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Property owner name for 425 Fulton Street, Brooklyn, NY 11201
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Building contacts for 425 Fulton Street, Brooklyn, NY 11201
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 425 Fulton Street, Brooklyn

No photo available
425 Fulton St
Listing type For Lease
Listing date 11/27/2025
Last updated 05/08/2026

Located in the heart of Downtown Brooklyn, 425 Fulton Street offers a high-visibility retail or restaurant space with flexible configurations across two levels. The site benefits from strong foot traffic, with over 19.5 million annual visitors, and excellent subway accessibility via the 2, 3, 4, 5, A, C, B, D, F, Q, and R trains. Venting is in place, allowing for both food and dry-use concepts. The surrounding area features a dense residential population—over 135,000 residents within a one-mile radius—and a robust daytime population of nearly 80,000. With a median household income exceeding $150,000 and proximity to national brands like Trader Joe’s, Target, JD Sports, Primark, CAVA, and H&M, the site is perfectly positioned for strong sales performance.

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 2,692 Ryan Schimel
Andrew Schulman
Lower Level Retail Listing price not available 2,505 Ryan Schimel
Andrew Schulman
Active Listings For This Property:
For Lease No photo available
425 Fulton St
425 Fulton Street, Brooklyn
Property Retail
Availability 2 Spaces listed / 5197 Sqft
Price Listing price not available
Real Estate Reports:
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Past Sales & Property History for 425 Fulton Street, Brooklyn

Create a free account to view the complete sales history for 425 Fulton Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/11/2014 $14,000,000

Title Documents for 425 Fulton Street, 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
02/13/2026 - R UCC3 Continuation
(2026021201073001)
05/08/2024 - R UCC3 Assignment
(2024050700878006)
05/08/2024 - R UCC3 Assignment
(2024050700878003)
12/14/2023 - D
05/08/2024 - R
Asgn of Asgn of L&R
(2024050700878005)
12/14/2023 - D
05/08/2024 - R
Assignment, Mortgage
(2024050700878004)
03/12/2023 - D
05/08/2024 - R
Asgn of Asgn of L&R
(2024050700878002)
03/12/2023 - D
05/08/2024 - R
Assignment, Mortgage
(2024050700878001)
12/15/2020 - D
12/21/2020 - R
Both RPTT and RETT
(2020121600438001)
10/15/2020 - R UCC3 Continuation
(2020101500168001)
04/05/2016 - R Initial UCC1
(2016040500403001)
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R: Recorded date
D: Document date

Property Taxes for 425 Fulton Street, Brooklyn

Access detailed property tax data for 425 Fulton Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $208,581
Estimated property tax: $233,574
Tax assessor's market value: $5,573,000
Assessed value: $2,507,850

Assessment History for 425 Fulton Street, Brooklyn

Here's the assessment & property tax history for 425 Fulton Street, 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 $5,573,000 $2,507,850 $1,922,760 10.848% $208,581 $208,581 +9.55%
2024/25 $5,118,000 $2,303,100 $1,769,190 10.762% $190,400 $190,400 +8.51%
2023/24 $4,301,000 $1,935,450 $1,656,570 10.592% $175,464 $175,464 +6.95%
2022/23 $3,582,000 $1,611,900 $1,541,010 10.646% $164,056 $164,056 +21.50%
2021/22 $2,790,000 $1,255,500 $1,255,500 10.755% $135,029 $135,029 -19.68%

Permits for 425 Fulton Street, Brooklyn

The complete history of permits filed for 425 Fulton Street, 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
02/14/2020 Alteration
02/03/2020 Alteration
02/03/2020 Alteration
02/03/2020 Alteration
12/23/2019 Alteration type 2
07/14/2016 Sign
07/14/2016 Sign
06/17/2016 Alteration type 2
05/16/2016 Alteration type 2
04/08/2016 Alteration type 3
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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): X (See more on map)

Transportation

Distance to Subway
Closest station Jay St & Willoughby St at NW Corner
Station lines A-C-F-R
Distance (miles) 0.034
View subway map
Bus Routes
Name Jay St/Willoughby St
Line B26
Distance (miles) 0.036

Neighbors for 425 Fulton Street, Brooklyn

Here are the neighbors for 425 Fulton Street, Brooklyn, NY 11201.

Address Square feet Purchase date Purchase price
461 Fulton St, Brooklyn 12,420 03/01/2024
453 Fulton St, Brooklyn 5,300 12/14/2022
17 Smith St, Brooklyn 130,000 05/21/1998
465 Fulton St, Brooklyn 4,096 09/21/2018 $3,500,000
557 Fulton St, Brooklyn 5,520 08/03/2022 $144,374,697
559 Fulton St, Brooklyn 12,351 03/24/2021
463 Fulton St, Brooklyn 4,680 04/16/2020
33 Dekalb Ave, Brooklyn 17,008 10/14/2015
423 Fulton St, Brooklyn 11,728 12/06/2005
469 Fulton St, Brooklyn 3,754 12/15/1998
408 Jay St, Brooklyn 31,170 10/17/2025
563 Fulton St, Brooklyn 29,328 03/24/2021
400 Jay St, Brooklyn 4,566 12/30/1977
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