Kings  »  11232  »  3rd Ave  »  863 3rd Ave

863 3rd Avenue, Brooklyn, NY 11232 - Property report

Also known as: 863 3rd Ave

Property image for 863 3rd Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1958

Lot sq. ft.

5,008

Sale price

$2,450,000

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
863 3rd Avenue
Alternate address(es)
111 32nd St
ZIP code
11232
Neighborhood
Greenwood Heights
Borough
Brooklyn
Block & lot
00676-0068

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
5,000
Building dimensions
100 ft x 50 ft
Buildings on lot
1
Stories
1
Year built
1958
Building material
Sales
Sale date
03/18/2024
Sale price
$2,450,000
Tax
Tax year
2026-2027
Property tax
$30,168
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
100.17 ft x 50 ft
Lot sq. ft.
5,008

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.10 Miles
Closest fire station
0.40 Miles

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

Ownership information for 863 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 863 3rd Avenue, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
03/18/2024 $2,450,000 XXXXX XXXX XXXXXX XX XXX XXXXXXXX XXXXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/29/2024 - R
03/18/2024 - D
Deed
(2024032900063001)
XXXXXXXX XXXXXXXX XXXX XXXXX XXXX XXXXXX XX XXX
03/25/2009 - R
11/21/2008 - D
Deed
(2009021200545001)
XXXXXXXXXXXXXXX XXX X XXXXXXXX XXXXXXXX XXX X
07/25/1980 - R Deed
(38030117500317)
XXXXXXX XXXXXXX XXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 863 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
$30,168
Municipal exemptions
Recent tax assessments
Market value
$618,000
Assessed value
$278,100

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 $705,000 $317,250 $267,300 10.848% $28,997 $28,997 +8.86%
2024/25 $675,000 $303,750 $247,500 10.762% $26,636 $26,636 +9.27%
2023/24 $614,000 $276,300 $230,130 10.592% $24,375 $24,375 +7.34%
2022/23 $589,000 $265,050 $213,300 10.646% $22,708 $22,708 +21.24%
2021/22 $387,000 $174,150 $174,150 10.755% $18,730 $18,730 -6.17%
2020/21 $485,000 $218,250 $186,660 10.694% $19,961 $19,961 +10.73%
2019/20 $482,000 $216,900 $171,090 10.537% $18,028 $18,028 +13.74%
2018/19 $427,000 $192,150 $150,750 10.514% $15,850 $15,850 +11.37%
2017/18 $350,000 $157,500 $135,360 10.514% $14,232 $14,232 +5.09%
2016/17 $330,000 $148,500 $128,070 10.574% $13,542 $13,542 +3.67%

Permit information for 863 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/02/2024 Alteration
07/11/2024 Alteration
04/19/2024 Alteration CO
05/17/2018 Alteration type 2
03/17/2018 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/11/2008 E-elevator
06/29/1990 Ll1081-local law 10/81 - elevator

*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.

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 & 36th St at NW Corner
Station lines
N-R
Distance (miles)
0.214

Access the detailed traffic volume map for 863 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 863 3rd Avenue, Brooklyn, NY 11232?

The development at 863 3rd Avenue, Brooklyn, NY 11232 was built in 1958.

What is the market value of 863 3rd Avenue, Brooklyn, NY 11232?

The current market value of 863 3rd Avenue, Brooklyn, NY 11232 is $618,000.

What is the total square footage of 863 3rd Avenue, Brooklyn, NY 11232?

863 3rd Avenue, Brooklyn, NY 11232 has a total of 5,000 square feet.

What is the price per square foot for this property?

$490 per square foot is the price for 863 3rd Avenue, Brooklyn, NY 11232.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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