New York City  »  11225  »  Balfour Pl  »  7 Balfour Pl

7 Balfour Place, Brooklyn, NY 11225 - Property report

Also known as: 7 Balfour Pl

Property image for 7 Balfour Place, Brooklyn, NY 11225
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1928

Lot sq. ft.

9,375

General information

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Address
Primary address
7 Balfour Place
Alternate address(es)
522-530 Empire Blvd
ZIP code
11225
Neighborhood
Wingate
Borough
Brooklyn
Block & lot
01324-0035

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
43,780
Building dimensions
120 ft x 70 ft
Buildings on lot
1
Stories
6
Year built
1928
Last altered
1979
Building material
Tax
Tax year
2026-2027
Property tax
$172,675
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
38
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
130 ft x 70 ft
Lot sq. ft.
9,375

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.14 Miles
Closest fire station
0.49 Miles

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Ownership information for 7 Balfour Place, Brooklyn, NY

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

Sales history for 7 Balfour Place, Brooklyn, NY 11225

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/20/2021 - R Initial UCC1
(2021011400334004)
XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
01/06/2021 - D
Assignment of Leases and Rents
(2021011400334003)
XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
01/06/2021 - D
Agreement
(2021011400334002)
XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2021 - R
01/06/2021 - D
Mortgage
(2021011400334001)
XXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
12/07/2012 - R UCC3 Termination
(2012101501627006)
XXXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/07/2012 - R Initial UCC1
(2012101501627004)
XXXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/07/2012 - R
09/20/2012 - D
Termination of Assign of L&R
(2012101501627005)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXXXXXXX XXX
12/07/2012 - R
09/20/2012 - D
Assignment of Leases and Rents
(2012101501627003)
XXXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/07/2012 - R
09/20/2012 - D
Agreement
(2012101501627002)
XXXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/07/2012 - R
09/20/2012 - D
Mortgage
(2012101501627001)
XXXXXX XXXXXXXXXX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7 Balfour Place, 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
$172,675
Municipal exemptions
Recent tax assessments
Market value
$3,434,000
Assessed value
$1,545,300

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 $3,585,000 $1,613,250 $1,339,998 12.439% $166,682 $166,682 +7.42%
2024/25 $3,082,000 $1,386,900 $1,241,348 12.5% $155,169 $155,169 +2.32%
2023/24 $2,965,000 $1,334,250 $1,213,010 12.502% $151,651 $151,651 +9.25%
2022/23 $2,985,000 $1,343,250 $1,131,560 12.267% $138,808 $138,808 +5.16%
2021/22 $2,567,000 $1,155,150 $1,078,830 12.235% $131,995 $131,995 +7.96%
2020/21 $2,988,000 $1,344,600 $996,660 12.267% $122,260 $122,260 +15.30%
2019/20 $2,472,000 $1,112,400 $850,140 12.473% $106,038 $106,038 +17.42%
2018/19 $2,060,000 $927,000 $716,040 12.612% $90,307 $90,307 +9.83%
2017/18 $1,900,000 $855,000 $646,470 12.719% $82,225 $82,225 +10.95%
2016/17 $1,654,000 $744,300 $574,830 12.892% $74,107 $74,107 +11.41%

Permit information for 7 Balfour Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/25/2020 Alteration
11/12/2008 Alteration type 2
04/11/1996 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
09/23/2024 Lblvio-low pressure boiler boiler required
03/16/2020 E-elevator elevatorrequired
11/15/2017 Aeuhaz1-fail to certify class 1 none

*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 & Sterling St at NE Corner
Station lines
2-5
Distance (miles)
0.317

Access the detailed traffic volume map for 7 Balfour Place, 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 7 Balfour Place, Brooklyn, NY 11225?

The development at 7 Balfour Place, Brooklyn, NY 11225 was built in 1928.

What is the market value of 7 Balfour Place, Brooklyn, NY 11225?

The current market value of 7 Balfour Place, Brooklyn, NY 11225 is $3,434,000.

What is the total square footage of 7 Balfour Place, Brooklyn, NY 11225?

7 Balfour Place, Brooklyn, NY 11225 has a total of 43,780 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

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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