New York City  »  11232  »  3rd Ave  »  725 3rd Ave

725 3rd Avenue, Brooklyn, NY 11232 - Property report

Also known as: 181 24th St

Property image for 725 3rd Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Miscellaneous Garage (G9)

Year built

1925

Lot sq. ft.

2,003

Sale price

$1,135,000

General information

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Address
Primary address
725 3rd Avenue
Alternate address(es)
181 24th St
725-733 3rd Ave
ZIP code
11232
Neighborhood
Greenwood Heights
Borough
Brooklyn
Block & lot
00648-0066

Owner

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Building
Property type
Miscellaneous Garage (G9)
Building sq. ft.
4,380
Building dimensions
20 ft x 34 ft
Buildings on lot
3
Stories
3
Year built
1925
Last altered
2004
Building material
Sales
Sale date
08/09/2021
Sale price
$1,135,000
Tax
Tax year
2026-2027
Property tax
$31,584
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100.17 ft
Lot sq. ft.
2,003

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.27 Miles
Closest fire station
0.66 Miles

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Ownership information for 725 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 725 3rd Avenue, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
08/09/2021 $1,135,000 XXX XXX XXXXXX, XXX XXXXXX XXXXX, XX XXXXXXX XXX XXX XXXXX XXXXXXXXXXX XXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/23/2023 - R
12/29/2022 - D
Assignment, Mortgage
(2023011800264001)
XXXXXX XXXXX XXXXX XXXXXX
12/02/2022 - R
11/07/2022 - D
Court Order
(2022113000449001)
XXXXXX XXXXX XX XXXXXXX XXXXXXXX XXXX XXX XXXXX XXXXXXX
08/13/2021 - R
08/09/2021 - D
Assignment of Leases and Rents
(2021081000159003)
XXX XXX XXXXXX XXX XXXXXX XXXXX XX XXXXXXX
08/13/2021 - R
08/09/2021 - D
Mortgage
(2021081000159002)
XXX XXX XXXXXX XXX XXXXXX XXXXX XX XXXXXXX
08/13/2021 - R
08/09/2021 - D
Deed
(2021081000159001)
XXXXXX XXXXX XX XXXXXXX XXX XXX XXXXXX XXX
08/12/2011 - R
07/07/2011 - D
Deed
(2011062300610001)
XXX XXXXX XXXXXXXXX XXX XX XXX XXXXXXXX XXXXXX XXXXX XXXXXXX
09/15/1999 - R Assignment, Mortgage
(3710006788771)
XXXXXXXX XXXX XXX XXXXX XXXXXXX
09/15/1999 - R Assignment, Mortgage
(3530006788753)
XXXXXXXX XXXX XXX XXXXX XXXXXXX
04/10/1997 - R Easement
(3660005567966)
XXXXX XXX XXX XXXX XXXXXXXXX XXXXXXX
06/12/1996 - R Tax Lien Sale Certificate
(3580005204158)
XXXX XX XXX XXXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 725 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
$31,584
Municipal exemptions
Recent tax assessments
Market value
$647,000
Assessed value
$291,150

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 $807,000 $363,150 $284,130 10.848% $30,822 $30,822 +8.17%
2024/25 $742,000 $333,900 $264,780 10.762% $28,496 $28,496 +8.15%
2023/24 $632,000 $284,400 $248,760 10.592% $26,349 $26,349 +2.42%
2022/23 $543,000 $244,350 $241,650 10.646% $25,726 $25,726 +22.76%
2021/22 $433,000 $194,850 $194,850 10.755% $20,956 $20,956 -19.54%
2020/21 $592,000 $266,400 $243,540 10.694% $26,044 $26,044 +7.24%
2019/20 $564,000 $253,800 $230,487 10.537% $24,286 $24,286 +6.32%
2018/19 $553,000 $248,850 $217,257 10.514% $22,842 $22,842 +6.48%
2017/18 $526,000 $236,700 $204,042 10.514% $21,453 $21,453 +5.78%
2016/17 $471,000 $211,950 $191,801 10.574% $20,281 $20,281 +4.48%

Permit information for 725 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/12/2022 Alteration
02/28/2022 Alteration
11/25/2021 Alteration
08/27/2002 Alteration type 2
08/26/2002 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/20/1992 Es-electric signs

*Most recent DOB violation 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.

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
4th Ave & 25th St at SW Corner
Station lines
R
Distance (miles)
0.127

Access the detailed traffic volume map for 725 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 year built for 725 3rd Avenue, Brooklyn, NY 11232?

The development at 725 3rd Avenue, Brooklyn, NY 11232 was built in 1925.

What is the market value of 725 3rd Avenue, Brooklyn, NY 11232?

The current market value of 725 3rd Avenue, Brooklyn, NY 11232 is $647,000.

What is the total square footage of 725 3rd Avenue, Brooklyn, NY 11232?

725 3rd Avenue, Brooklyn, NY 11232 has a total of 4,380 square feet.

What is the price per square foot for this property?

$259 per square foot is the price for 725 3rd Avenue, Brooklyn, NY 11232.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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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