New York City  »  11205  »  Spencer St  »  49 Spencer St

49 Spencer Street, Brooklyn, NY 11205 - Property report

Also known as: 49 Spencer St

Property image for 49 Spencer Street, Brooklyn, NY 11205
static Mapbox map

Property type

Miscellaneous Vacant Land (V9)

Lot sq. ft.

12,500

Sale price

$6,400,000

General information

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Address
Primary address
49 Spencer Street
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01716-0003

Owner

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Building
Property type
Miscellaneous Vacant Land (V9)
Sales
Sale date
11/17/2016
Sale price
$6,400,000
Tax
Tax year
2026-2027
Property tax
$55,748
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Spencer Street (narrow)
Walworth Street (narrow)
Park Avenue (wide)
Bedford Avenue (wide)
Distance to wide street
Lot dimensions
125 ft x 100 ft
Lot sq. ft.
12,500

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.56 Miles
Closest fire station
0.41 Miles

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

Ownership

Ownership information for 49 Spencer Street, Brooklyn, NY

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

Sales history for 49 Spencer Street, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
11/17/2016 $6,400,000 XXX XXXXXXX XXX. XX-XX XXXXXXX XXX
01/07/2016 $2,500,000 XX-XX XXXXXXX XXX XXXX, XXXXXXXXX
11/09/2010 $25,000 XX XXXXXXX XXXXXX XXX X X X X X X X-X XXXX XXXXXXX XXXXXX XXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/11/2025 - R
07/03/2025 - D		 Termination of Assign of L&R
(2025070300842001)		 XXXX XXXXXXXXX XX XXXX X X
07/11/2025 - R
07/03/2025 - D		 Satisfaction of Mortgage
(2025070300796001)		 XXXXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXXXX XXXXXXX XXXX
07/01/2025 - R Initial UCC1
(2025062300282005)		 XXX XXXXXXX XXX XX XXXXXXX XXXXXXX X X
07/01/2025 - R
06/18/2025 - D		 Assignment of Leases and Rents
(2025062300282004)		 XXX XXXXXXX XXX XX XXXXXXX XXXXXXX X X
07/01/2025 - R
06/18/2025 - D		 Agreement
(2025062300282003)		 XXX XXXXXXX XXX XX XXXXXXX XXXXXXX X X
07/01/2025 - R
06/18/2025 - D		 Mortgage
(2025062300282002)		 XXX XXXXXXX XXX XX XXXXXXX XXXXXXX X X
07/01/2025 - R
06/18/2025 - D		 Assignment, Mortgage
(2025062300282001)		 XXX XXXXXXXX XXX XX XXXXXXX XXXXXXX X X
12/09/2016 - R UCC3 Termination
(2016112800507002)		 XXXX XXXXXXX XXX XXXX XXXX XXXXXXX XXXX
11/30/2016 - R
11/17/2016 - D		 Assignment, Mortgage
(2016112800386001)		 XXXX XXXX XXXXXXX XXXX XXX XXXXXXXX XXX XXX XXXXXXXXXX XXXXX XXXXXXX
11/30/2016 - R
11/17/2016 - D		 Deed
(2016112800311001)		 XXXX XXXXXXX XXX XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 49 Spencer 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
$55,748
Municipal exemptions
Recent tax assessments
Market value
$1,357,000
Assessed value
$610,650

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 $1,428,000 $642,600 $449,100 10.848% $48,718 $48,718 +22.20%
2024/25 $1,239,000 $557,550 $370,440 10.762% $39,867 $39,867 +24.50%
2023/24 $953,000 $428,850 $302,310 10.592% $32,021 $32,021 +14.37%
2022/23 $733,000 $329,850 $262,980 10.646% $27,997 $27,997 +2.06%
2021/22 $637,000 $286,650 $255,060 10.755% $27,432 $27,432 +3.82%
2020/21 $554,000 $249,300 $247,086 10.694% $26,423 $26,423 +15.61%
2019/20 $482,000 $216,900 $216,900 10.537% $22,855 $22,855 -6.38%
2018/19 $516,000 $232,200 $232,200 10.514% $24,414 $24,414 +18.90%
2017/18 $645,000 $290,250 $195,294 10.514% $20,533 $20,533 +32.81%
2016/17 $548,400 $246,780 $146,211 10.574% $15,460 $15,460 +37.10%
Permits

Permit information for 49 Spencer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/19/2019 Alteration
12/24/2014 New building
12/15/2014 New building
10/28/2014 New building
09/26/2014 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bedford residential market stats

Access a detailed real estate market overview of Bedford so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bedford and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.312
View subway map

Access the detailed traffic volume map for 49 Spencer Street, Brooklyn, NY 11205 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 157 Benjamin Franklin 4 Yes Public PK, K-8 270 0.28
P.S. 157 Benjamin Franklin 4 Yes Public PK, K-8 270 0.28
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.10
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.10
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.10
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.10
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.11
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.10
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.10
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.11
Beth Chana School NR No Private PK, K-12 0 0.16
Yeshiva Mesivta Arugath Habosem NR No Private PK-11 522 0.19
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.10
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.10
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.11
Beth Chana School NR No Private PK, K-12 0 0.16
Hychel Hatorah NR No Private 9-12 0 0.17

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 49 Spencer Street, Brooklyn, NY

27 Spencer St, Brooklyn 38 Spencer St, Brooklyn 16 Spencer St, Brooklyn 466 Flushing Ave, Brooklyn 446 Bedford Ave, Brooklyn 26 Spencer St, Brooklyn 14 Spencer St, Brooklyn 39 Spencer St, Brooklyn 37 Spencer St, Brooklyn 17 Spencer St, Brooklyn 470 Flushing Ave, Brooklyn 51 Spencer St, Brooklyn 452 Bedford Ave, Brooklyn 24 Spencer St, Brooklyn 18 Spencer St, Brooklyn 53 Spencer St, Brooklyn

Nearby ZIP codes for 49 Spencer Street, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10038, New York City, NY 10278, New York City, NY 11201, New York City, NY 11206, New York City, NY 11211, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the market value of 49 Spencer Street, Brooklyn, NY 11205?

The current market value of 49 Spencer Street, Brooklyn, NY 11205 is $1,357,000.

Disclaimer

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