New York City  »  11217  »  Schermerhorn St  »  333 Schermerhorn St

The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217 - Property report

Also known as: 62-70 Flatbush Ave

Property image for The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2014

Lot sq. ft.

52,705

Sale price

$23.5M

General information

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Address
Building name
The Hub
Primary address
The Hub - 333 Schermerhorn Street
Alternate address(es)
327-359 Schermerhorn St
346-354 Livingston St
62-70 Flatbush Ave
ZIP code
11217
Neighborhood
Downtown Brooklyn
Borough
Brooklyn
Block & lot
00167-0013

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
662,532
Building dimensions
451 ft x 172 ft
Buildings on lot
1
Stories
54
Year built
2014
Building material
Sales
Sale date
11/30/2011
Sale price
$23,500,000 - M
Tax
Tax year
2026-2027
Property tax
$690,339
Tax class
Zoning & Use
Zoning
Residential units
750
Residential sq. ft.
Commercial units
7
Retail sq. ft.
Lot
Lot dimensions
451.82 ft x 172.25 ft
Lot sq. ft.
52,705
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
662,502 sq. ft.
Buildable area

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise

Data provided by: Walk Score®

School district
15
Community district
2
Closest police station
0.52 Miles
Closest fire station
0.07 Miles

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

Ownership information for The Hub - 333 Schermerhorn Street, Brooklyn, NY

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

Sales history for The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217

Sale date Sale price Buyer name Seller name
11/30/2011 $23,500,000 XXX XXXXXXXXXXXX, XXX XXXXXX XXXXXX XXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/13/2025 - R
03/11/2025 - D
Both RPTT and RETT
(2025031200809001)
XXX XXXXXXXXXXXX XXXXXX XXXXXXX XXX XXXX XXX XXX
10/25/2024 - R
08/28/2024 - D
Agreement
(2024102200075001)
XXXXX XXX XXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX XXXXXXXXXXX
04/26/2019 - R UCC3 Termination
(2019031900576004)
XXX XXXXXXXXXX XXX XXXX XX XXXXXXX X X XX XXXXXXXXXXXXXX XXXXX
04/26/2019 - R UCC3 Termination
(2019031900576003)
XXX XXXXXXXXXX XXX XXXX XX XXXXXXX X X XX XXXXXXXXXXXXXX XXXXX
04/26/2019 - R UCC3 Termination
(2019031900576002)
XXX XXXXXXXXXX XXX XXXX XX XXXXXXX X X XX XXXXXXXXXXXXXX XXXXX
03/14/2024 - R
03/14/2019 - D
Agreement
(2024031300758001)
XXX XXXXXXXXXX XXX XXXXX XXX
04/26/2019 - R
03/14/2019 - D
Agreement
(2019031900576011)
XXX XXXX XX XXX XXXX XXXXXXXXXX XX XXX XXXXXXXX XXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XX XXXX
04/26/2019 - R
03/14/2019 - D
Assignment of Leases and Rents
(2019031900576010)
XXXXX XXX XXXXXXXX XXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XX XXXX
04/26/2019 - R
03/14/2019 - D
Agreement
(2019031900576009)
XXXXX XXX XXXXXXXX XXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XX XXXX
04/26/2019 - R
03/14/2019 - D
Mortgage
(2019031900576008)
XXXXX XXX XXXXXXXX XXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Hub - 333 Schermerhorn Street, 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
$690,339
Municipal exemptions
Recent tax assessments
Market value
$196,827,000
Assessed value
$88,572,150

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 $199,429,000 $89,743,050 $5,549,792 12.439% $9,752,600 $690,339 -0.49%
2024/25 $185,953,000 $83,678,850 $5,549,792 12.5% $9,367,470 $693,724 -0.02%
2023/24 $171,535,000 $77,190,750 $5,549,792 12.502% $9,016,090 $693,835 +1.92%
2022/23 $177,179,000 $79,730,550 $5,549,792 12.267% $8,595,116 $680,793 +0.26%
2021/22 $137,053,000 $61,673,850 $5,549,792 12.235% $7,545,796 $679,017 -0.26%
2020/21 $160,944,000 $72,424,800 $5,549,792 12.267% $8,410,501 $680,793 -1.65%
2019/20 $154,591,000 $69,565,950 $5,549,792 12.473% $8,414,908 $692,226 -91.80%
2018/19 $148,755,000 $66,939,750 $66,939,750 12.612% $8,442,441 $8,442,441 +52.66%
2017/18 $96,620,000 $43,479,000 $43,479,000 12.719% $5,530,094 $5,530,094 +1366.51%
2016/17 $6,500,000 $2,925,000 $2,925,000 12.892% $377,091 $377,091 +0.58%

Permit information for The Hub - 333 Schermerhorn Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/26/2026 Alteration
10/22/2026 No work
10/09/2026 Alteration
08/13/2026 Alteration
08/11/2026 Alteration

*Most recent permits on record for this property.

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*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.

Q3 2026 median price/sq. ft.

$554

5.5% Y-o-Y

Q2 2026 median price/sq. ft.

$525

2025 median price/sq. ft.

$521

5.5% 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
Flatbush Ave & Livingston St at NW Corner
Station lines
2-3-4-5
Distance (miles)
0.058

Access the detailed traffic volume map for The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217 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 The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217?

The development at The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217 was built in 2014.

What is the market value of The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217?

The current market value of The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217 is $196,827,000.

What is the total square footage of The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217?

The Hub - 333 Schermerhorn Street, Brooklyn, NY 11217 has a total of 662,532 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

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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