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7 Commerce Street, Brooklyn, NY 11231 Property Information

7 Commerce Street, Brooklyn, NY 11231 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7 Commerce Street, Brooklyn, NY 11231 3
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Address

Primary address 7 Commerce Street
Secondary address 7-19 Commerce St
Neighborhood Red Hook
Zip code 11231
Borough Brooklyn
Block & lot 00519-0017

Sales & Tax Overview for 7 Commerce Street, 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 $103,872

Lot & Building Information for 7 Commerce Street, Brooklyn

Lot sqft 58,000
Lot dimensions 290 ft x 200 ft
Building class Fireproof Warehouse (E1) i
Building sqft 30,909
Building dimensions 65 ft x 200 ft
Buildings on lot 2
Stories 1
Year built 1955
Construction type
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Zoning & Use for 7 Commerce Street, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.42 Miles
Closest fire station 0.07 Miles

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

Other Property Data for 7 Commerce 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 7 Commerce Street, Brooklyn, NY 11231, 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 7 Commerce Street, Brooklyn, NY 11231, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 7-19 Commerce St, Brooklyn, NY 11231
  • 2-18 Delavan St, Brooklyn, NY 11231
  • 4-8 Dwight St, Brooklyn, NY 11231

About 7 Commerce Street, Brooklyn

How many square feet does 7 Commerce Street, Brooklyn, NY 11231 have?

This Fireproof Warehouse (E1) located at 7 Commerce Street, Brooklyn, NY 11231 has a total of 30,909 square feet.

What is the year built & the current market value of 7 Commerce Street, Brooklyn, NY 11231?

7 Commerce Street, Brooklyn, NY 11231 was built in 1955 and has a current tax assessor's market value of $4,273,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 7 Commerce Street, Brooklyn

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Property owner name for 7 Commerce Street, Brooklyn, NY 11231
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Building contacts for 7 Commerce Street, Brooklyn, NY 11231
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 7 Commerce Street, Brooklyn

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No recorded sales for this property.

Title Documents for 7 Commerce 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
08/25/2022 - R Initial UCC1
(2022081900183001)
08/19/2022 - R UCC3 Termination
(2022081900167001)
08/12/2022 - D
08/24/2022 - R
Assignment of Leases and Rents
(2022081800969004)
08/12/2022 - D
08/24/2022 - R
Agreement
(2022081800969003)
08/12/2022 - D
08/24/2022 - R
Mortgage
(2022081800969002)
08/05/2022 - D
08/24/2022 - R
Termination of Assign of L&R
(2022081900162001)
08/05/2022 - D
08/24/2022 - R
Assignment, Mortgage
(2022081800969001)
02/24/2017 - R Initial UCC1
(2017021501303002)
02/13/2017 - D
02/24/2017 - R
Assignment of Leases and Rents
(2017021501303001)
01/31/2017 - D
02/24/2017 - R
Assignment, Mortgage
(2017021400225001)
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R: Recorded date
D: Document date

Property Taxes for 7 Commerce Street, Brooklyn

Access detailed property tax data for 7 Commerce Street, Brooklyn, NY 11231. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $86,670
Estimated property tax: $103,872
Tax assessor's market value: $4,273,000
Assessed value: $1,922,850

Assessment History for 7 Commerce Street, Brooklyn

Here's the assessment & property tax history for 7 Commerce 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 $4,273,000 $1,922,850 $1,511,270 10.848% $163,943 $86,670 +20.32%
2024/25 $4,090,000 $1,840,500 $1,387,340 10.762% $149,306 $72,033 -49.42%
2023/24 $3,859,000 $1,736,550 $1,344,510 10.592% $142,410 $142,410 +0.51%
2022/23 $3,526,000 $1,586,700 $1,330,920 10.646% $141,690 $141,690 +5.38%
2021/22 $2,850,000 $1,282,500 $1,250,190 10.755% $134,458 $134,458 +4.04%

Permits for 7 Commerce Street, Brooklyn

The complete history of permits filed for 7 Commerce 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
09/24/2004 Alteration type 2
12/19/1997 Alteration type 2
         
         
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station Smith St & 9th St at NE Corner
Station lines F-G-R
Distance (miles) 0.553
View subway map
Bus Routes
Name Gowanus Exp. /Hicks St (N.B. )
Line X31
Distance (miles) 0.138

Neighbors for 7 Commerce Street, Brooklyn

Here are the neighbors for 7 Commerce Street, Brooklyn, NY 11231.

Address Square feet Purchase date Purchase price
28 Luquer St, Brooklyn 06/20/2005 $500,000
32 Luquer St, Brooklyn 5,760 03/29/2007 $1,385,000
694 Hicks St, Brooklyn 2,604 07/28/2014
696 Hicks St, Brooklyn 03/29/2007 $40,000
54 Richards St, Brooklyn 13,814 07/06/2000
26 Delavan St, Brooklyn 16,720 05/28/2004 $50
76 Delavan St, Brooklyn 10/30/2002
16 Luquer St, Brooklyn 2,100 07/18/2006 $850,000
55 Commerce St, Brooklyn 3,644 02/24/2024
2 Dwight St, Brooklyn 1,500 02/23/2004
57 Richards St, Brooklyn 22,500 05/16/1994
72 Delavan St, Brooklyn 4,500 04/17/2014 $1,400,000
65 Commerce St, Brooklyn 17,280 04/14/1995
389 Columbia St, Brooklyn 12,250 11/02/2001
24 Luquer St, Brooklyn 19,123 08/31/2021
26 Luquer St, Brooklyn 06/20/2005 $500,000
78 Delevan St, Brooklyn 4,500 10/30/2002
57 Commerce St, Brooklyn 8,000 12/27/2006
77 Commerce St, Brooklyn 2,816 08/30/1996
379 Columbia St, Brooklyn 5,700 12/01/1998
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