| Primary address | 987 4th Avenue |
| Secondary address | 401-413 39th St |
| Neighborhood | Sunset Park |
| Zip code | 11232 |
| Borough | Brooklyn |
| Block & lot | 00705-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 01/08/2015 |
| Purchase price | $6,000,000 |
| Tax class | Register |
| Estimated property tax | $67,571 |
| Lot sqft | 12,521 |
| Lot dimensions | |
| Building class | Banking Facilities with or without Parking (K7)
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| Building sqft | 3,870 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 1 |
| Year built | 2006 |
| Year last altered | 2015 |
| Construction type | Register |
| School district | 15 |
| Community district | 7 |
| Closest police station | 0.43 Miles |
| Closest fire station | 0.04 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Banking Facilities with or without Parking (K7) located at 987 4th Avenue, Brooklyn, NY 11232 has a total of 3,870 square feet and a current price per square foot of $1,550.
What is the year built & the current market value of 987 4th Avenue, Brooklyn, NY 11232?987 4th Avenue, Brooklyn, NY 11232 was built in 2006 and has a current tax assessor's market value of $2,214,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 987 4th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 987 4th Avenue, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $56,529 |
| Estimated property tax: | $67,571 |
| Tax assessor's market value: | $2,214,000 |
| Assessed value: | $996,300 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 987 4th Avenue, 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 | $2,214,000 | $996,300 | $521,100 | 10.848% | $97,876 | $56,529 | +14.55% |
| 2024/25 | $2,090,000 | $940,500 | $458,550 | 10.762% | $96,228 | $49,349 | +10.26% |
| 2023/24 | $2,072,000 | $932,400 | $422,550 | 10.592% | $96,110 | $44,756 | -0.51% |
| 2022/23 | $1,994,000 | $897,300 | $422,550 | 10.646% | $95,527 | $44,985 | -1.01% |
| 2021/22 | $1,655,000 | $744,750 | $422,550 | 10.755% | $80,098 | $45,445 | +0.57% |
The complete history of permits filed for 987 4th Avenue, 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 4th Ave & 36th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.144 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 39 ST/4 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 987 4th Avenue, Brooklyn, NY 11232.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 473 39th St, Brooklyn | 2,724 | 02/14/2007 | |
| 471 39th St, Brooklyn | 4,209 | 12/22/2011 | $450,000 |
| 359 39th St, Brooklyn | 12/31/2007 | $10 | |
| 882 5th Ave, Brooklyn | 5,824 | 04/22/2026 | |
| 888 5th Ave, Brooklyn | 5,763 | 10/01/2001 | |
| 467 39th St, Brooklyn | 4,250 | 05/19/2000 | |
| 992 4th Ave, Brooklyn | 4,560 | 11/04/2010 | $75,000 |
| 884 5th Ave, Brooklyn | 5,824 | 02/26/1999 | |
| 321 39th St, Brooklyn | 6,875 | 11/11/2008 | |
| 994 4th Ave, Brooklyn | 7,750 | 12/31/2007 | $10 |
| 998 4th Ave, Brooklyn | 7,100 | 12/31/2007 | $10 |
| 996 4th Ave, Brooklyn | 1,440 | 10/06/2011 | |
| 886 5th Ave, Brooklyn | 5,824 | 09/21/2005 | $850,000 |
| 457 39th St, Brooklyn | 25,262 | 11/30/2012 | $565,000 |
| 443 39th St, Brooklyn | 17,664 | 10/07/2021 | $683,948 |
| 465 39th St, Brooklyn | 4,250 | 05/16/2012 | $440,000 |
| 319 39th St, Brooklyn | 03/30/1998 | ||
| 446 37th St, Brooklyn | 1,950 | 06/26/1997 |
