Kings  »  11225  »  President St  »  1159 President St

1159 President Street, Brooklyn, NY 11225 - Property report

Also known as: 1159 President St

Property image for 1159 President Street, Brooklyn, NY 11225
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1915

Lot sq. ft.

6,387

Sale price

$13,100,000

General information

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Address
Primary address
1159 President Street
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01275-0064

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
21,200
Building dimensions
50 ft x 106 ft
Buildings on lot
1
Stories
4
Year built
1915
Last altered
2016
Building material
Sales
Sale date
03/31/2015
Sale price
$13,100,000 - M
Tax
Tax year
2026-2027
Property tax
$95,673
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
20
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 127.75 ft
Lot sq. ft.
6,387

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.31 Miles
Closest fire station
0.55 Miles

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Ownership information for 1159 President Street, Brooklyn, NY

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

Sales history for 1159 President Street, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
03/31/2015 $13,100,000 XXXX XXXXXXXXX XXXXXX XXXX & XXXX XXXXXXXX XXX XXXX XXXXXXXXX XXXXXX XXX
06/19/2013 $5,800,000 XXXX XXXXXXXXX XXXXXX XXX X'XXXXX, XXXXXXXX
06/15/2006 $3,190,000 X'XXXXX, XXXXXXXX X & X XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/10/2015 - R UCC3 Termination
(2015061001188001)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
06/10/2015 - R UCC3 Termination
(2015061001151001)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
05/22/2015 - R
04/27/2015 - D
Satisfaction of Mortgage
(2015051301618005)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
05/22/2015 - R
04/27/2015 - D
Satisfaction of Mortgage
(2015051301618004)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
05/22/2015 - R
04/27/2015 - D
Satisfaction of Mortgage
(2015051301618003)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
05/22/2015 - R
04/27/2015 - D
Satisfaction of Mortgage
(2015051301618002)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
05/22/2015 - R
04/27/2015 - D
Satisfaction of Mortgage
(2015051301618001)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
04/15/2015 - R
03/31/2015 - D
Deed
(2015033100886001)
XXXX XXXXXXXXX XXXXXX XXX XXXX XXXXXXXXX XXXXXX XXXX XXXX XXXXXXXX XXX
10/03/2014 - R Initial UCC1
(2014092200975003)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX
10/03/2014 - R
09/22/2014 - D
Assignment of Leases and Rents
(2014092200975002)
XXXX XXXXXXXXX XXXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1159 President 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
$95,673
Municipal exemptions
Recent tax assessments
Market value
$1,933,000
Assessed value
$869,850

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 $1,774,000 $798,300 $762,120 12.439% $94,800 $94,800 +9.87%
2024/25 $1,534,000 $690,300 $690,300 12.5% $86,288 $86,288 +11.79%
2023/24 $1,372,000 $617,400 $617,400 12.502% $77,187 $77,187 -27.66%
2022/23 $1,933,000 $869,850 $869,850 12.267% $106,704 $106,704 +16.54%
2021/22 $1,663,000 $748,350 $748,350 12.235% $91,561 $91,561 -0.02%
2020/21 $1,892,000 $851,400 $746,577 12.267% $91,583 $91,583 +20.72%
2019/20 $1,729,000 $778,050 $608,220 12.473% $75,863 $75,863 +12.35%
2018/19 $1,633,000 $734,850 $535,410 12.612% $67,526 $67,526 +15.37%
2017/18 $1,379,000 $620,550 $460,170 12.719% $58,529 $58,529 +11.92%
2016/17 $1,026,000 $461,700 $405,630 12.892% $52,294 $52,294 +5.21%

Permit information for 1159 President Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/29/2025 Alteration
08/28/2023 Alteration
05/31/2022 Alteration
10/18/2021 Alteration
07/13/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/06/2024 Aeuhaz1-fail to certify class 1 none
06/01/1994 Ll6291-local law 62/91 - boilers
08/16/1993 Ll6291-local law 62/91 - boilers

*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
-

Subway & traffic

Closest station
Nostrand Ave & President St at NW Corner
Station lines
2-5
Distance (miles)
0.059

Access the detailed traffic volume map for 1159 President Street, Brooklyn, NY 11225 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 1159 President Street, Brooklyn, NY 11225?

The development at 1159 President Street, Brooklyn, NY 11225 was built in 1915.

What is the total square footage of 1159 President Street, Brooklyn, NY 11225?

1159 President Street, Brooklyn, NY 11225 has a total of 21,200 square feet.

When was 1159 President Street, Brooklyn, NY 11225 last sold and what was the sale price?

1159 President Street, Brooklyn, NY 11225 was last sold on 03/31/2015 for $13,100,000.

What is the assessed value of 1159 President Street, Brooklyn, NY 11225?

1159 President Street, Brooklyn, NY 11225 is currently assessed at $869,850.

What are the property taxes for 1159 President Street, Brooklyn, NY 11225?

The property taxes for 1159 President Street, Brooklyn, NY 11225 total $95,673.

How many residential units does this building have?

This building has 20 residential unit(s).

Disclaimer

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