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427 87th Street, Brooklyn, NY 11209 Property Information

427 87th Street, Brooklyn, NY 11209 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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427 87th Street, Brooklyn, NY 11209
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Address

Primary address 427 87th Street
Neighborhood Bay Ridge
Zip code 11209
Borough Brooklyn
Block & lot 06045-0055

Sales & Tax Overview for 427 87th Street, Brooklyn

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Purchase date 07/31/2025
Purchase price $13,285,714
Tax class
Estimated property tax $24,642

Lot & Building Information for 427 87th Street, Brooklyn

Lot sqft 5,400
Lot dimensions 54 ft x 100 ft
Building class Fireproof Warehouse (E1) i
Building sqft 5,400
Buildings on lot 1
Stories 1
Year built 1922
Construction type
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Zoning & Use for 427 87th Street, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 10

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Other Property Data for 427 87th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 427 87th Street, Brooklyn, NY 11209, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 427 87th Street, Brooklyn, NY 11209, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 427 87th Street, Brooklyn

How many sq. ft. does 427 87th Street, Brooklyn, NY 11209 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 427 87th Street, Brooklyn, NY 11209 has a total of 5,400 square feet and a current price per square foot of $2,460.

What is the year built & the current market value of 427 87th Street, Brooklyn, NY 11209?

427 87th Street, Brooklyn, NY 11209 was built in 1922 and has a current tax assessor's market value of $581,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 427 87th Street, Brooklyn

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Property owner name for 427 87th Street, Brooklyn, NY 11209
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Building contacts for 427 87th Street, Brooklyn, NY 11209
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 427 87th Street, Brooklyn

Create a free account to view the complete sales history for 427 87th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/31/2025 $13,285,714

Title Documents for 427 87th Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
07/31/2025 - D
08/22/2025 - R
Agreement
(2025081900080017)
07/31/2025 - D
08/22/2025 - R
Termination of Assign of L&R
(2025081900080016)
07/31/2025 - D
08/22/2025 - R
Assignment, Mortgage
(2025081900080015)
07/31/2025 - D
08/13/2025 - R
Deed
(2025080700462010)
06/01/2023 - D
07/03/2023 - R
Agreement
(2023061400866001)
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R: Recorded date
D: Document date

Property Taxes for 427 87th Street, Brooklyn

Access detailed property tax data for 427 87th Street, Brooklyn, NY 11209. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $28,362
Estimated property tax: $24,642
Tax assessor's market value: $581,000
Assessed value: $261,450

Assessment History for 427 87th Street, Brooklyn

Here's the assessment & property tax history for 427 87th Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $581,000 $261,450 $261,450 10.848% $28,362 $28,362 +0.80%
2024/25 $581,000 $261,450 $261,450 10.762% $28,137 $28,137 -0.95%
2023/24 $596,000 $268,200 $268,200 10.592% $28,408 $28,408 -74.35%
2022/23 $3,184,000 $1,432,800 $1,040,496 10.646% $110,771 $110,771 n/a

Permits for 427 87th Street, Brooklyn

The complete history of permits filed for 427 87th Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/19/2025 Alteration
08/15/2022 Full demolition
         
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Neighbors for 427 87th Street, Brooklyn

Here are the neighbors for 427 87th Street, Brooklyn, NY 11209.

Address Square feet Purchase date Purchase price
2218 Ocean Ave, Brooklyn 50,984
850 57th St, Brooklyn 7,189
5521 8th Ave, Brooklyn 81,430
1236 48th St, Brooklyn 2,913
1559 61st St, Brooklyn 21,901
2873 W 17th St, Brooklyn 18,608
1101 Avenue M, Brooklyn 18,864
1258 54th St, Brooklyn 5,377
1270 44th St, Brooklyn 12,920
1575 61st St, Brooklyn 22,901
3915 14th Ave, Brooklyn 24,097
168 Bay 49 St, Brooklyn 8,049
2345 60th St, Brooklyn 25,382
168 Avenue P, Brooklyn 36,228
4814 11th Ave, Brooklyn 5,296
7819 16th Ave, Brooklyn 3,672 04/18/2005
49 E 4th St, Brooklyn 10,815
1526-1528 73rd St, Brooklyn 7,181
1670 E 19th St, Brooklyn 17,359
2370 W 11th St, Brooklyn 5,028
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