Kings  »  11231  »  Commerce St  »  7 Commerce St

7 Commerce Street, Brooklyn, NY 11231 - Property report

Also known as: 7 Commerce St

Property image for 7 Commerce Street, Brooklyn, NY 11231
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1955

Lot sq. ft.

58,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
7 Commerce Street
Alternate address(es)
2-18 Delavan St
4-8 Dwight St
7-19 Commerce St
Show all
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00519-0017

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
30,909
Building dimensions
65 ft x 200 ft
Buildings on lot
2
Stories
1
Year built
1955
Building material
Tax
Tax year
2026-2027
Property tax
$103,873
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
290 ft x 200 ft
Lot sq. ft.
58,000

Area overview

Walk score
80 /100.  Very Walkable
Transit score
76 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.42 Miles
Closest fire station
0.07 Miles

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

Ownership

Ownership information for 7 Commerce Street, Brooklyn, NY

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

Sales history for 7 Commerce Street, Brooklyn, NY 11231

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/25/2022 - R Initial UCC1
(2022081900183001)		 XX XXXXXXXX XXXXXX X X X XXXXXX XXXX
08/19/2022 - R UCC3 Termination
(2022081900167001)		 XX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
08/24/2022 - R
08/12/2022 - D		 Assignment of Leases and Rents
(2022081800969004)		 XX XXXXXXXX XXXXXX X X X XXXXXX XXXX
08/24/2022 - R
08/12/2022 - D		 Agreement
(2022081800969003)		 XX XXXXXXXX XXXXXX X X X XXXXXX XXXX
08/24/2022 - R
08/12/2022 - D		 Mortgage
(2022081800969002)		 XX XXXXXXXX XXXXXX X X X XXXXXX XXXX
08/24/2022 - R
08/05/2022 - D		 Termination of Assign of L&R
(2022081900162001)		 XXXXXXXX XXXXXXX XXXXXX XXXXX XX XXXXXXXX XXXXXX X X X
08/24/2022 - R
08/05/2022 - D		 Assignment, Mortgage
(2022081800969001)		 XXXXXXXX XXXXXXX XXXXXX XXXXX XXXXXX XXXX
02/24/2017 - R Initial UCC1
(2017021501303002)		 XX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
02/24/2017 - R
02/13/2017 - D		 Assignment of Leases and Rents
(2017021501303001)		 XX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
02/24/2017 - R
01/31/2017 - D		 Assignment, Mortgage
(2017021400225001)		 XXXXXXXX XXXXXX XXXX X X XXXXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7 Commerce 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
$103,873
Municipal exemptions
Recent tax assessments
Market value
$4,462,000
Assessed value
$2,007,900

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 $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%
2020/21 $2,896,000 $1,303,200 $1,208,520 10.694% $129,239 $129,239 +6.45%
2019/20 $2,784,000 $1,252,800 $1,152,180 10.537% $121,405 $121,405 +5.87%
2018/19 $2,732,000 $1,229,400 $1,090,710 10.514% $114,677 $114,677 +5.49%
2017/18 $2,629,000 $1,183,050 $1,033,920 10.514% $108,706 $108,706 +2.58%
2016/17 $2,387,000 $1,074,150 $1,002,150 10.574% $105,967 $105,967 +0.23%
Permits

Permit information for 7 Commerce Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/24/2004 Alteration type 2
12/19/1997 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.553
View subway map

Access the detailed traffic volume map for 7 Commerce Street, Brooklyn, NY 11231 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

Neighbors for 7 Commerce Street, Brooklyn, NY

28 Luquer St, Brooklyn 32 Luquer St, Brooklyn 694 Hicks St, Brooklyn 696 Hicks St, Brooklyn 54 Richards St, Brooklyn 26 Delavan St, Brooklyn 76 Delavan St, Brooklyn 16 Luquer St, Brooklyn 55 Commerce St, Brooklyn 2 Dwight St, Brooklyn 57 Richards St, Brooklyn 72 Delavan St, Brooklyn 65 Commerce St, Brooklyn 389 Columbia St, Brooklyn 24 Luquer St, Brooklyn 26 Luquer St, Brooklyn 78 Delevan St, Brooklyn 57 Commerce St, Brooklyn 77 Commerce St, Brooklyn 379 Columbia St, Brooklyn

Nearby ZIP codes for 7 Commerce Street, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 7 Commerce Street, Brooklyn, NY 11231?

The development at 7 Commerce Street, Brooklyn, NY 11231 was built in 1955.

What is the market value of 7 Commerce Street, Brooklyn, NY 11231?

The current market value of 7 Commerce Street, Brooklyn, NY 11231 is $4,462,000.

What is the total square footage of 7 Commerce Street, Brooklyn, NY 11231?

7 Commerce Street, Brooklyn, NY 11231 has a total of 30,909 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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