New York City  »  11232  »  1st Ave  »  4701 1st Ave

4701 1st Avenue, Brooklyn, NY 11232 - Property report

Also known as: 4701 1st Ave

Property image for 4701 1st Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Contractors Warehouse (E2)

Year built

1920

Lot sq. ft.

6,075

Sale price

$700,000

General information

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Address
Primary address
4701 1st Avenue
Alternate address(es)
102-120 47th St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00762-0010

Owner

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Building
Property type
Contractors Warehouse (E2)
Building sq. ft.
2,950
Building dimensions
8 ft x 31 ft
Buildings on lot
1
Stories
1
Year built
1920
Building material
Sales
Sale date
08/25/2008
Sale price
$700,000
Tax
Tax year
2026-2027
Property tax
$17,076
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
40.5 ft x 150 ft
Lot sq. ft.
6,075

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
87 /100.  Excellent Transit
Bike score
77 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.90 Miles
Closest fire station
0.47 Miles

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Ownership information for 4701 1st Avenue, Brooklyn, NY

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

Sales history for 4701 1st Avenue, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
08/25/2008 $700,000 XXXX XXX XXX XXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/25/2022 - R UCC3 Termination
(2022102400360002)
XXXX XXX XXX XXX XXXXXXXXXXXX XXXX
10/24/2022 - R Initial UCC1
(2022102400307002)
XXXX XXX XXX XXXXXXXX XXXX
10/25/2022 - R
10/19/2022 - D
Termination of Assign of L&R
(2022102400277001)
XXXX XXX XXX XXX XXXXXXXXXXXX XXXX
10/25/2022 - R
10/19/2022 - D
Assignment of Leases and Rents
(2022102100217003)
XXXX XXX XXX XXXXXXXX XXXX
10/25/2022 - R
10/19/2022 - D
Agreement
(2022102100217002)
XXXX XXX XXX XXXXXXXX XXXX
10/25/2022 - R
10/19/2022 - D
Mortgage
(2022102100217001)
XXXX XXX XXX XXXXXXXX XXXX
09/13/2019 - R Initial UCC1
(2019091300137002)
XXXX XXX XXX XXX XXXXXXXXXXXX XXXX
09/13/2019 - R
09/11/2019 - D
Assignment of Leases and Rents
(2019091300099002)
XXXX XXX XXX XXX XXXXXXXXXXXX XXXX
09/13/2019 - R
09/11/2019 - D
Mortgage
(2019091300099001)
XXXX XXX XXX XXX XXXXXXXXXXXX XXXX
12/26/2008 - R
12/08/2008 - D
Discharge of Tax Lien
(2008121900716001)
XXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 4701 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
$17,076
Municipal exemptions
Recent tax assessments
Market value
$393,000
Assessed value
$176,850

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 $350,000 $157,500 $146,430 10.848% $15,885 $15,885 +2.89%
2024/25 $348,000 $156,600 $143,460 10.762% $15,439 $15,439 +4.15%
2023/24 $344,000 $154,800 $139,950 10.592% $14,824 $14,824 +2.25%
2022/23 $314,000 $141,300 $136,170 10.646% $14,497 $14,497 +10.53%
2021/22 $271,000 $121,950 $121,950 10.755% $13,116 $13,116 -12.76%
2020/21 $317,000 $142,650 $140,580 10.694% $15,034 $15,034 +6.04%
2019/20 $309,000 $139,050 $134,550 10.537% $14,178 $14,178 +5.88%
2018/19 $302,000 $135,900 $127,350 10.514% $13,390 $13,390 +5.44%
2017/18 $297,000 $133,650 $120,780 10.514% $12,699 $12,699 +5.57%
2016/17 $337,000 $151,650 $113,760 10.574% $12,029 $12,029 +9.45%

Permit information for 4701 1st Avenue, Brooklyn, NY

No recently recorded permits 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
4th Ave & 45th St at NW Corner
Station lines
R
Distance (miles)
0.424

Access the detailed traffic volume map for 4701 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

Frequently asked questions

What is the year built for 4701 1st Avenue, Brooklyn, NY 11232?

The development at 4701 1st Avenue, Brooklyn, NY 11232 was built in 1920.

What is the market value of 4701 1st Avenue, Brooklyn, NY 11232?

The current market value of 4701 1st Avenue, Brooklyn, NY 11232 is $393,000.

What is the total square footage of 4701 1st Avenue, Brooklyn, NY 11232?

4701 1st Avenue, Brooklyn, NY 11232 has a total of 2,950 square feet.

What is the price per square foot for this property?

$237 per square foot is the price for 4701 1st 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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