Kings  »  11232  »  51st St  »  129 51st St

129 51st Street, Brooklyn, NY 11232 - Property report

Also known as: 138-156 50th St

Property image for 129 51st Street, Brooklyn, NY 11232
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1931

Lot sq. ft.

45,410

General information

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Address
Primary address
129 51st Street
Alternate address(es)
129-131 51st St
129-159 51st St
138-156 50th St
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00788-0025

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
46,960
Building dimensions
260 ft x 200 ft
Buildings on lot
1
Stories
2
Year built
1931
Last altered
2009
Building material
Tax
Tax year
2026-2027
Property tax
$207,673
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
193.33 ft x 200.33 ft
Lot sq. ft.
45,410

Area overview

Walk score
68 /100.  Somewhat Walkable
Transit score
88 /100.  Excellent Transit
Bike score
74 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.71 Miles
Closest fire station
0.35 Miles

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

Ownership information for 129 51st Street, Brooklyn, NY

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

Sales history for 129 51st Street, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/27/2025 - R
03/25/2025 - D
Satisfaction of Mortgage
(2025032600805001)
XXXXXX XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
01/29/2015 - R
01/09/2015 - D
Mortgage
(2015011500888001)
XXXXXX XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
10/27/2009 - R
09/29/2009 - D
Zoning Lot Description
(2009102201342001)
XXXXXX XXXX XXXXXX XXXXXX XXX
10/27/2009 - R
09/28/2009 - D
Certificate
(2009102201342002)
XXXXXX XXXX XXXXXX XXXXXX XXX
07/31/1995 - R
07/20/1995 - D
Deed
(3710004877371)
XXX XXXXXXXX XX XXXXXXX XXX XXXXXX XXXX XXXXXXXXXXXX XXX
03/24/1993 - R Deed
(3170001758817)
XXXXXX XXXXXXXXXXXXXXXX XXX XXXXXXXX XX XXXXX
07/31/1995 - R
02/25/1993 - D
Deed
(3580004877358)
XXXXXX XXXXXXXXXXX XXX XXX XXXXX XXX XX XXXXXXX XXX
05/23/1988 - R Mortgage
(3020001367802)
XXXXXX XXXXXXXXXXX XXXX XXXXX XXXXX XXXX
05/23/1988 - R Assignment, Mortgage
(3000001367800)
XXX XXXXX XXX XX XXXX XXXX XXXXX XX XX XX
05/23/1988 - R
04/29/1988 - D
Deed
(3010001367801)
XXXXXXX X X XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 129 51st Street, 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
$207,673
Municipal exemptions
Recent tax assessments
Market value
$5,260,000
Assessed value
$2,367,000

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 $5,218,000 $2,348,100 $1,733,940 10.848% $188,098 $188,098 +7.38%
2024/25 $3,617,000 $1,627,650 $1,627,650 10.762% $175,168 $175,168 +16.63%
2023/24 $3,151,000 $1,417,950 $1,417,950 10.592% $150,189 $150,189 -14.80%
2022/23 $4,025,000 $1,811,250 $1,655,820 10.646% $176,279 $176,279 +11.90%
2021/22 $3,255,000 $1,464,750 $1,464,750 10.755% $157,534 $157,534 -7.68%
2020/21 $4,166,000 $1,874,700 $1,595,700 10.694% $170,644 $170,644 +9.11%
2019/20 $3,639,000 $1,637,550 $1,484,300 10.537% $156,401 $156,401 +5.21%
2018/19 $3,313,000 $1,490,850 $1,413,920 10.514% $148,660 $148,660 +2.95%
2017/18 $3,343,000 $1,504,350 $1,373,450 10.514% $144,405 $144,405 +3.14%
2016/17 $3,269,000 $1,471,050 $1,324,130 10.574% $140,014 $140,014 +3.61%

Permit information for 129 51st Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/31/2019 Alteration
12/13/2018 Alteration
07/01/2016 Alteration type 2
03/11/2011 Alteration type 2
12/23/2009 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
04/29/2021 Egrade-failure to post energy grade/score none
01/17/2017 C-construction
05/15/2014 Lblvio-low pressure boiler

*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
4

Subway & traffic

Closest station
4th Ave & 52nd St at NW Corner (Exit Only)
Station lines
R
Distance (miles)
0.355

Access the detailed traffic volume map for 129 51st Street, 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 129 51st Street, Brooklyn, NY 11232?

The development at 129 51st Street, Brooklyn, NY 11232 was built in 1931.

What is the market value of 129 51st Street, Brooklyn, NY 11232?

The current market value of 129 51st Street, Brooklyn, NY 11232 is $5,260,000.

What is the total square footage of 129 51st Street, Brooklyn, NY 11232?

129 51st Street, Brooklyn, NY 11232 has a total of 46,960 square feet.

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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