Kings  »  11215  »  2nd Ave  »  118 2nd Ave

118 2nd Avenue, Brooklyn, NY 11215 - Property report

Also known as: 50-112 10th St

Property image for 118 2nd Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)

Year built

2003

Lot sq. ft.

123,050

Sale price

$53,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
118 2nd Avenue
Alternate address(es)
118-136 2nd Ave
50-112 10th St
ZIP code
11215
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
01007-0118

Owner

Find out who owns 118 2nd Avenue, Brooklyn, NY 11215. Uncover corporate and individual owners with a free account.

Building
Property type
Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)
Building sq. ft.
84,640
Building dimensions
230 ft x 368 ft
Buildings on lot
1
Stories
1
Year built
2003
Building material
Sales
Sale date
04/12/2018
Sale price
$53,000,000 - M
Tax
Tax year
2026-2027
Property tax
$527,897
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
230 ft x 535.58 ft
Lot sq. ft.
123,050

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.78 Miles
Closest fire station
0.18 Miles

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

Ownership

Ownership information for 118 2nd Avenue, Brooklyn, NY

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

Sales history for 118 2nd Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
04/12/2018 $53,000,000 XXX XXX XXX XXX XXX XXX XXX XXX XXX XX XXXXXXX XXXXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/16/2025 - R UCC3 Termination
(2025051500823008)		 XXX XXX XXX XXX XXX XXX XXXX XXXXXXX XXX
05/16/2025 - R Initial UCC1
(2025051500823006)		 XXX XXX XXX XXX XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/16/2025 - R
05/08/2025 - D		 Assignment of Leases and Rents
(2025051500823005)		 XXX XXX XXX XXX XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/16/2025 - R
05/08/2025 - D		 Agreement
(2025051500823004)		 XXX XXX XXX XXX XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/16/2025 - R
05/08/2025 - D		 Mortgage
(2025051500823003)		 XXX XXX XXX XXX XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/16/2025 - R
05/08/2025 - D		 Agreement
(2025051500823001)		 XXX XXX XXX XXX XXX XXX XXX XXX
05/16/2025 - R
05/07/2025 - D		 Assignment, Mortgage
(2025051500823002)		 XXX XXX XXXX XXXXXXX XXX XXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
05/16/2025 - R
05/05/2025 - D		 Termination of Assign of L&R
(2025051500823007)		 XXX XXX XXX XXX XXX XXX XXXX XXXXXXX XXX
09/03/2024 - R UCC3 Assignment
(2024090300325002)		 XXX XXX XXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
09/03/2024 - R UCC3 Assignment
(2024090300325001)		 XXX XXX XXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 118 2nd 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
$527,897
Municipal exemptions
Recent tax assessments
Market value
$16,250,000
Assessed value
$7,312,500

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 $16,039,000 $7,217,550 $3,892,110 10.848% $560,072 $422,216 +33.58%
2024/25 $14,460,000 $6,507,000 $2,936,900 10.762% $487,024 $316,069 -13.28%
2023/24 $12,229,000 $5,503,050 $3,440,970 10.592% $566,372 $364,468 +17.79%
2022/23 $11,401,000 $5,130,450 $2,906,550 10.646% $546,188 $309,431 -35.72%
2021/22 $9,946,000 $4,475,700 $4,475,700 10.755% $481,362 $481,362 +97.77%
2020/21 $12,902,000 $5,805,900 $2,276,010 10.694% $549,170 $243,397 +50.03%
2019/20 $12,935,000 $5,820,750 $1,539,630 10.537% $496,991 $162,231 +47.20%
2018/19 $13,112,000 $5,900,400 $1,048,230 10.514% $444,241 $110,211 +17.17%
2017/18 $9,210,000 $4,144,500 $894,600 10.514% $390,900 $94,058 -0.57%
2016/17 $8,900,000 $4,005,000 $894,600 10.574% $372,204 $94,595 -0.77%
Permits

Permit information for 118 2nd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/22/2026 Alteration
06/24/2026 Alteration
12/23/2025 Alteration
01/27/2025 Alteration
11/12/2024 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
08/02/2023 Bench-failure to benchmark none
05/02/2023 Bench-failure to benchmark none
04/22/2023 Earcx-failure to submit eer none

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.22
View subway map

Access the detailed traffic volume map for 118 2nd Avenue, Brooklyn, NY 11215 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

Neighbors for 118 2nd Avenue, Brooklyn, NY

130 9th St, Brooklyn 146 9th St, Brooklyn 387 9th St, Brooklyn 391 9th St, Brooklyn 88 9th St, Brooklyn 1 11th St, Brooklyn 73 12th St, Brooklyn 132 9th St, Brooklyn 389 9th St, Brooklyn 150 9th St, Brooklyn 385 9th St, Brooklyn 395 9th St, Brooklyn 1 12th St, Brooklyn 148 9th St, Brooklyn 128 9th St, Brooklyn 393 9th St, Brooklyn 138 9th St, Brooklyn 397 9th St, Brooklyn 140 9th St, Brooklyn 391 A 9th St, Brooklyn

Nearby ZIP codes for 118 2nd Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 118 2nd Avenue, Brooklyn, NY 11215?

The development at 118 2nd Avenue, Brooklyn, NY 11215 was built in 2003.

What is the market value of 118 2nd Avenue, Brooklyn, NY 11215?

The current market value of 118 2nd Avenue, Brooklyn, NY 11215 is $16,250,000.

What is the total square footage of 118 2nd Avenue, Brooklyn, NY 11215?

118 2nd Avenue, Brooklyn, NY 11215 has a total of 84,640 square feet.

What is the price per square foot for this property?

$626 per square foot is the price for 118 2nd Avenue, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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