New York City  »  11232  »  3rd Ave  »  700 3rd Ave

700 3rd Avenue, Brooklyn, NY 11232 - Property report

Also known as: 700 3rd Ave

Property image for 700 3rd Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

3,029

Sale price

$2,825,000

General information

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Address
Primary address
700 3rd Avenue
ZIP code
11232
Neighborhood
Greenwood Heights
Borough
Brooklyn
Block & lot
00641-0088

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building dimensions
35 ft x 100 ft
Last altered
2020
Building material
Sales
Sale date
07/31/2019
Sale price
$2,825,000
Tax
Tax year
2026-2027
Property tax
$9,779
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
35.25 ft x 100 ft
Lot sq. ft.
3,029

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.37 Miles
Closest fire station
0.57 Miles

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

Ownership information for 700 3rd Avenue, Brooklyn, NY

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

Sales history for 700 3rd Avenue, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
07/31/2019 $2,825,000 XXX XXXXX XXXXXX XXX. XXX XXXXXXXX XX XXX
05/25/2016 $2,500,000 XXXXXXXX XX XXX XXXXXX XXXXXX, XXX
09/25/2007 $1,480,000 XXXXXX XXXXXX, XXX XXXXXXXX, XXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/09/2019 - R
07/31/2019 - D
Deed
(2019080500287001)
XXXXXXXX XX XXX XXX XXXXX XXXXXX XXX XXX
06/06/2016 - R UCC3 Termination
(2016053100009009)
XXXXXX XXXXXX XXX XXXX XX XXXXXXX X X
06/06/2016 - R Initial UCC1
(2016053100009006)
XXXXXXXX XX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX
06/06/2016 - R
05/25/2016 - D
Termination of Assign of L&R
(2016053100009008)
XXXXXX XXXXXX XXX XXXX XX XXXXXXX X X
06/06/2016 - R
05/25/2016 - D
Satisfaction of Mortgage
(2016053100009007)
XXXXXX XXXXXX XXX XXXXXXX XXXXXX XXXX
06/06/2016 - R
05/25/2016 - D
Assignment of Leases and Rents
(2016053100009005)
XXXXXXXX XX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX
06/06/2016 - R
05/25/2016 - D
Agreement
(2016053100009004)
XXXXXXXX XX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX
06/06/2016 - R
05/25/2016 - D
Mortgage
(2016053100009003)
XXXXXXXX XX XXX XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX
06/06/2016 - R
05/25/2016 - D
Deed
(2016053100009001)
XXXXXX XXXXXX XXX XXXXXXXX XX XXX
06/06/2016 - R
05/20/2016 - D
Assignment, Mortgage
(2016053100009002)
XXXX XX XXXXXXX X X XXX XXXXXXX XXXXXX XXXXXXXX XXXX XX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 700 3rd Avenue, 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
$9,779
Municipal exemptions
Recent tax assessments
Market value
$421,000
Assessed value
$189,450

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 $443,000 $199,350 $56,382 10.848% $6,116 $6,116 +47.54%
2024/25 $344,000 $20,640 $20,640 20.085% $4,146 $4,146 -1.99%
2023/24 $351,000 $21,060 $21,060 20.085% $4,230 $4,230 -92.40%
2022/23 $1,162,000 $522,900 $522,900 10.646% $55,668 $55,668 +10.70%
2021/22 $1,039,000 $467,550 $467,550 10.755% $50,285 $50,285 -10.04%
2020/21 $1,326,000 $596,700 $522,720 10.694% $55,900 $55,900 +8.42%
2019/20 $1,205,000 $542,250 $489,327 10.537% $51,560 $51,560 +15.54%
2018/19 $1,110,000 $499,500 $424,437 10.514% $44,625 $44,625 +15.31%
2017/18 $1,098,000 $494,100 $368,097 10.514% $38,702 $38,702 +9.09%
2016/17 $1,069,000 $481,050 $335,517 10.574% $35,478 $35,478 +9.45%

Permit information for 700 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/12/2022 Alteration
01/11/2022 Alteration
09/01/2021 Alteration
12/09/2020 Full demolition
11/10/2009 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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.

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

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FEMA flood zones

Property location map
FEMA flood zones
0.2,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
4th Ave & 25th St at SW Corner
Station lines
R
Distance (miles)
0.221

Access the detailed traffic volume map for 700 3rd Avenue, Brooklyn, NY 11232 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 market value of 700 3rd Avenue, Brooklyn, NY 11232?

The current market value of 700 3rd Avenue, Brooklyn, NY 11232 is $421,000.

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