Kings  »  11205  »  Spencer St  »  111 Spencer St

111 Spencer Street, Brooklyn, NY 11205 - Property report

Also known as: 111 Spencer St

Property image for 111 Spencer Street, Brooklyn, NY 11205
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1988

Lot sq. ft.

5,000

Sale price

$4,400,000

General information

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Address
Primary address
111 Spencer Street
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01735-0045

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
5,000
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1988
Building material
Sales
Sale date
04/16/2026
Sale price
$4,400,000
Tax
Tax year
2026-2027
Property tax
$19,136
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
50 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
92 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
13
Community district
3
Closest police station
0.44 Miles
Closest fire station
0.42 Miles

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

Ownership information for 111 Spencer Street, Brooklyn, NY

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

Sales history for 111 Spencer Street, Brooklyn, NY 11205

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/24/2026 - R Initial UCC1
(2026042400236010)
XXX XXXXXXX XXX XXX XXXXXXX XXXXXXX X X
04/24/2026 - R
04/16/2026 - D
Assignment of Leases and Rents
(2026042400236009)
XXX XXXXXXX XXX XXX XXXXXXX XXXXXXX X X
04/24/2026 - R
04/16/2026 - D
Agreement
(2026042400236008)
XXX XXXXXXX XXX XXX XXXXXXX XXXXXXX X X
04/24/2026 - R
04/16/2026 - D
Deed
(2026042400236007)
XXX XXXXXXXXX XXX XXX XXXXXXX XXX
04/24/2026 - R
04/16/2026 - D
Assignment, Mortgage
(2026042400236006)
XXXXXXX XXXX XXX XXXXXXX XXXXXXX X X
04/24/2026 - R
04/16/2026 - D
Agreement
(2026042400236005)
XXX XXXXXXXXX XXX XXXXXXX XXXX
04/24/2026 - R
04/16/2026 - D
Agreement
(2026042400236004)
XXX XXXXXXXXX XXX XXXXXXX XXXX
04/24/2026 - R
04/16/2026 - D
Assignment, Mortgage
(2026042400236003)
XXXXXXX XXXX XXX XXXXXXX XXXXXXX X X
04/24/2026 - R
04/16/2026 - D
Agreement
(2026042400236002)
XXX XXXXXXXXX XXX XXXXXXX XXXX
04/24/2026 - R
04/16/2026 - D
Agreement
(2026042400236001)
XXX XXXXXXXXX XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 111 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
$19,136
Municipal exemptions
Recent tax assessments
Market value
$490,000
Assessed value
$220,500

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 $446,000 $200,700 $158,400 10.848% $17,183 $17,183 +3.14%
2024/25 $391,000 $175,950 $154,800 10.762% $16,660 $16,660 +5.60%
2023/24 $331,000 $148,950 $148,950 10.592% $15,777 $15,777 +9.05%
2022/23 $302,000 $135,900 $135,900 10.646% $14,468 $14,468 +3.08%
2021/22 $290,000 $130,500 $130,500 10.755% $14,035 $14,035 -18.08%
2020/21 $406,000 $182,700 $160,200 10.694% $17,132 $17,132 +10.09%
2019/20 $392,000 $176,400 $147,690 10.537% $15,562 $15,562 +10.60%
2018/19 $358,000 $161,100 $133,830 10.514% $14,071 $14,071 +10.46%
2017/18 $318,000 $143,100 $121,155 10.514% $12,738 $12,738 +8.54%
2016/17 $306,000 $137,700 $110,985 10.574% $11,736 $11,736 +8.08%

Permit information for 111 Spencer Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/13/2019 Alteration

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
5

Subway & traffic

Closest station
Marcy Ave & Myrtle Ave at NW Corner
Station lines
G
Distance (miles)
0.293

Access the detailed traffic volume map for 111 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

Frequently asked questions

What is the year built for 111 Spencer Street, Brooklyn, NY 11205?

The development at 111 Spencer Street, Brooklyn, NY 11205 was built in 1988.

What is the market value of 111 Spencer Street, Brooklyn, NY 11205?

The current market value of 111 Spencer Street, Brooklyn, NY 11205 is $490,000.

What is the total square footage of 111 Spencer Street, Brooklyn, NY 11205?

111 Spencer Street, Brooklyn, NY 11205 has a total of 5,000 square feet.

What is the price per square foot for this property?

$880 per square foot is the price for 111 Spencer Street, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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