New York City  »  11220  »  53rd St  »  240 53rd St

240 53rd Street, Brooklyn, NY 11220 - Property report

Also known as: 240 53rd St

Property image for 240 53rd Street, Brooklyn, NY 11220
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1991

Lot sq. ft.

4,007

Sale price

$4,600,000 - M

General information

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Address
Primary address
240 53rd Street
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00813-0024

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
4,000
Building dimensions
40 ft x 100 ft
Buildings on lot
2
Stories
1
Year built
1991
Building material
Sales
Sale date
02/17/2023
Sale price
$4,600,000 - M
Tax
Tax year
2026-2027
Property tax
$16,861
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 ft x 100.17 ft
Lot sq. ft.
4,007

Area overview

Walk score
84 /100.  Very Walkable
Transit score
95 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
20
Community district
7
Closest police station
0.55 Miles
Closest fire station
0.24 Miles

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Ownership information for 240 53rd Street, Brooklyn, NY

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

Sales history for 240 53rd Street, Brooklyn, NY 11220

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/31/2024 - R
07/24/2024 - D
Deed
(2024073100194001)
XXXXX XXXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXX XXX XXXX XXXXXX XXXXXXXX XXX
02/23/2023 - R
02/17/2023 - D
Deed
(2023022300103001)
XXXXX XXXX XXXXXX XXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXXX XXXXX XXX XXXXXXX
07/26/2018 - R
07/10/2018 - D
Satisfaction of Mortgage
(2018072400628001)
XXXXX XX XXXXXX XXXXXX XXXX XXXXXXXXXX XXXXXX
07/15/1996 - R Mortgage
(3350005252435)
XXXXX XXXX XXXXXX XXXX XXXXXXXXXX XXXXXX
10/27/1978 - R Deed
(37830102900870)
XXXXX XXXX X XXXXX XXXX XXXXXX XXXXXX XXXX
09/12/1977 - R Deed
(37730094400816)
XXXX XX XXXXXXX XXXXX XXXXX XXXXX XXXX X
06/24/1975 - R Deed
(37530078601553)
XXXXX XXXX XXX XXXXXXXX XXXX XXXX XXXX
06/24/1975 - R Deed
(37530078601550)
XXXXXXXX XXXX XXXX XXXX
04/26/1971 - R Assignment, Mortgage
(37130047800443)
XXXX XXXX XXXXXXXX XXXX XXXXXX XXXXXXXXXXXXX XXXXXXXXX XXXX
04/26/1971 - R Assignment, Mortgage
(37130047800441)
XXXXXX XXXXXXXXXXXXX XXXXXXXXX XXXX XXXXXXXX XXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 240 53rd 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
$16,861
Municipal exemptions
Recent tax assessments
Market value
$372,000
Assessed value
$167,400

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 $356,000 $160,200 $144,270 10.848% $15,650 $15,650 +3.91%
2024/25 $356,000 $160,200 $139,950 10.762% $15,061 $15,061 +5.54%
2023/24 $336,000 $151,200 $134,730 10.592% $14,271 $14,271 +3.14%
2022/23 $307,000 $138,150 $129,960 10.646% $13,836 $13,836 +15.27%
2021/22 $248,000 $111,600 $111,600 10.755% $12,003 $12,003 -15.33%
2020/21 $308,000 $138,600 $132,570 10.694% $14,177 $14,177 +2.75%
2019/20 $298,000 $134,100 $130,950 10.537% $13,798 $13,798 +3.05%
2018/19 $283,000 $127,350 $127,350 10.514% $13,390 $13,390 +4.81%
2017/18 $270,000 $121,500 $121,500 10.514% $12,775 $12,775 -2.21%
2016/17 $314,000 $141,300 $123,547 10.574% $13,064 $13,064 +6.90%

Permit information for 240 53rd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/29/2005 Alteration type 2
07/28/2005 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
04/27/2005 C-construction

*Most recent DOB violation 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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
4th Ave & 53rd St at SW Corner
Station lines
R
Distance (miles)
0.21

Access the detailed traffic volume map for 240 53rd Street, Brooklyn, NY 11220 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 240 53rd Street, Brooklyn, NY 11220?

The development at 240 53rd Street, Brooklyn, NY 11220 was built in 1991.

What is the market value of 240 53rd Street, Brooklyn, NY 11220?

The current market value of 240 53rd Street, Brooklyn, NY 11220 is $372,000.

What is the total square footage of 240 53rd Street, Brooklyn, NY 11220?

240 53rd Street, Brooklyn, NY 11220 has a total of 4,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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