Kings » 11232 » 1st Ave » 4014 1st Ave

4014 1st Avenue, Brooklyn, NY 11232 - Property report

Also known as: 3928-4000 1st Ave

Property image for 4014 1st Avenue, Brooklyn, NY 11232

Property type

Fireproof Warehouse (E1)

Year built

1926

Lot sq. ft.

48,800

Sale price

$44,000,000 - M

General information

Address

Primary address

4014 1st Avenue

Alternate address(es)

3928-4000 1st Ave
4000 1st Ave
4002-4008 1st Ave

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00710-0001

Building

Property type

Fireproof Warehouse (E1)

Building sq. ft.

374,240

Building dimensions

227 ft x 213 ft

Buildings on lot

Stories

Year built

1926

Last altered

2019

Building material

Sales

Sale date

04/30/2004

Sale price

$44,000,000 - M

Tax

Tax year

2026-2027

Property tax

$1,245,052

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

230.33 ft x 284 ft

Lot sq. ft.

48,800

Area overview

Walk score

76 /100. Very Walkable

Transit score

85 /100. Excellent Transit

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.64 Miles

Closest fire station

0.51 Miles

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

Ownership

Ownership information for 4014 1st Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 4014 1st Avenue, Brooklyn, NY 11232

Sale date	Sale price	Buyer name	Seller name
04/30/2004	$44,000,000	XX-XX XXXXXXXX XXXX XXXXXXXXXX, XXX	XXXXX XXX XXX XXXX XXXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/07/2024 - R	UCC3 Continuation (2024100700419001)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
10/07/2024 - R	UCC3 Continuation (2024100700292001)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
04/08/2024 - R 02/12/2024 - D	Agreement (2024021200385001)	XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX XX XXXXXX XXX XXX
01/13/2023 - R 12/22/2022 - D	Subordination of Mortgage (2023010300411002)	XXXX XXXXXXX XXX XX XXXXXX	XXX XXXX XXXXXXXX XXXXX XX
12/23/2021 - R	Initial UCC1 (2021121000420004)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
12/23/2021 - R	Initial UCC1 (2021121000420003)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
12/23/2021 - R 12/09/2021 - D	Mortgage (2021121000420002)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
12/23/2021 - R 12/09/2021 - D	Mortgage (2021121000420001)	XXX XXXX XXXXXXXX XXXXX XX	XXXX XXXXXXX XXX
03/05/2021 - R 02/08/2021 - D	Agreement (2021030200269002)	XXXX XXXXXXX XXX	XXXX XXXX XXXXXXXX XXXXX XX
03/05/2021 - R 02/08/2021 - D	Agreement (2021030200269001)	XXXX XXXXXXX XXX	XXXX XXXX XXXXXXXX XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 4014 1st 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

$1,245,052

Municipal exemptions

Recent tax assessments

Market value

$25,535,000

Assessed value

$11,490,750

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	$26,997,000	$12,148,650	$12,121,650	10.848%	$1,317,886	$1,314,957	-1.08%
2024/25	$30,879,000	$13,895,550	$12,351,690	10.762%	$1,333,647	$1,329,289	+8.36%
2023/24	$30,488,000	$13,719,600	$11,582,190	10.592%	$1,232,505	$1,226,786	+7.99%
2022/23	$27,970,000	$12,586,500	$10,671,210	10.646%	$1,143,243	$1,136,057	+7.18%
2021/22	$22,610,000	$10,174,500	$9,855,810	10.755%	$1,068,704	$1,059,992	+5.33%
2020/21	$25,744,000	$11,584,800	$9,410,130	10.694%	$1,016,425	$1,006,319	+23.88%
2019/20	$22,479,000	$10,115,550	$7,709,310	10.537%	$823,710	$812,330	+30.47%
2018/19	$20,516,000	$9,232,200	$5,921,640	10.514%	$635,376	$622,601	+37.37%
2017/18	$19,060,000	$8,577,000	$4,310,640	10.514%	$467,415	$453,221	+50.03%
2016/17	$17,808,000	$8,013,600	$2,856,960	10.574%	$316,370	$302,095	+56.46%

Permits

Permit information for 4014 1st Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/07/2025	Alteration
08/08/2024	Alteration
08/08/2024	Alteration
09/12/2023	Alteration
09/12/2023	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/13/2023	Aeuhaz1-fail to certify class 1 none
	12/01/2022	Egrade-failure to post energy grade/score none
	08/02/2022	Bench-failure to benchmark none

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 4014 1st Avenue, Brooklyn, NY 11232

Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
For Lease	Industrial	$20.92/Sq. ft./Year	5,814,919	05/12/2023	01/23/2025	View listing
For Lease	General Office	Listing price not available	1,324,592	11/14/2024	08/24/2026	View listing
For Lease	General Office	Listing price not available		10/17/2025	08/24/2026	View listing
For Lease	General Office	Listing price not available		02/04/2026	08/24/2026	View listing

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

FEMA flood zones

0.2,AE,X

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 45th St at NW Corner

Station lines

Distance (miles)

0.503

View subway map

Access the detailed traffic volume map for 4014 1st 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

Nearby ZIP codes for 4014 1st Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10038, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, 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 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 4014 1st Avenue, Brooklyn, NY 11232?

The development at 4014 1st Avenue, Brooklyn, NY 11232 was built in 1926.

What is the market value of 4014 1st Avenue, Brooklyn, NY 11232?

The current market value of 4014 1st Avenue, Brooklyn, NY 11232 is $25,535,000.

What is the total square footage of 4014 1st Avenue, Brooklyn, NY 11232?

4014 1st Avenue, Brooklyn, NY 11232 has a total of 374,240 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 13.

How many active listings does 4014 1st Avenue, Brooklyn, NY 11232 have?

This address has 4 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.