New York City » 11206 » Martin L King Pl » 159 Martin L King Pl

159 Martin L King Place, Brooklyn, NY 11206 - Property report

Also known as: 159 Martin L King Pl

Property image for 159 Martin L King Place, Brooklyn, NY 11206

Property type

Two Family Brick (B1)

Year built

2004

Lot sq. ft.

1,875

Sale price

$514,000

General information

Address

Primary address

159 Martin L King Place

ZIP code

11206

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01739-0043

Building

Property type

Two Family Brick (B1)

Building sq. ft.

3,025

Building dimensions

25 ft x 43 ft

Buildings on lot

Stories

Year built

2004

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Built-In Garage

Sales

Sale date

03/23/2005

Sale price

$514,000 - M

Tax

Tax year

2026-2027

Property tax

$9,943

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Martin Luther King JR Place (narrow)
Tompkins Avenue (narrow)

Nearest wide street

Park Avenue

Distance to wide street

Lot dimensions

25 ft x 75 ft

Lot sq. ft.

1,875

Area overview

Walk score

84 /100. Very Walkable

Transit score

99 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.58 Miles

Closest fire station

0.04 Miles

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

Ownership

Ownership information for 159 Martin L King Place, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 159 Martin L King Place, Brooklyn, NY 11206

Sale date	Sale price	Buyer name	Seller name
03/23/2005	$514,000	XXXXX, XXXXXXX	XXXXXXXX XXXXXXXXXXX XXX X
03/23/2005	$499,000	XXXXXXX, XXXXXXXX	XXXXXXXX XXXXXXXXXXX XXX X
03/22/2005	$514,000	XXXXXXXXX, XXX X XXX XXXXXX, XXXXXXXX	XXXXXXXX XXXXXXXXXXX XXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/23/2023 - R 01/17/2023 - D	Assignment, Mortgage (2023011900151001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX X	XXX XXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXX XXXXXXX
04/22/2021 - R 04/12/2021 - D	Satisfaction of Mortgage (2021041600135001)	XXXXXXX XXXXXXXX	XXXXXX XXXXXXXX XXXX
07/29/2020 - R 07/28/2020 - D	Satisfaction of Mortgage (2020072800952001)	XXXXXX XXXXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
12/29/2011 - R 10/15/2011 - D	Agreement (2011120900489003)	XXXXXXX XXXXXXXX	XXXXXXXX XXXXX XXXX X X
12/29/2011 - R 10/15/2011 - D	Mortgage (2011120900489002)	XXXXXXX XXXXXXXX	XXXXXXXX XXXXX XXXX X X
12/29/2011 - R 10/15/2011 - D	Assignment, Mortgage (2011120900489001)	XXXX	XXXXXXXX XXXXX XXXX X X
12/29/2011 - R 04/23/2008 - D	Agreement (2011120900489004)	XXXXXXX XXXXXXXX	XXXXXXXX XXXXX XXXX X X
08/27/2008 - R 04/23/2008 - D	Mortgage (2008082101141001)	XXXXXXX XXXXXXXX	XXXXXXXXXX XXXXXX XXXX XX
05/05/2005 - R 03/23/2005 - D	Mortgage (2005042300181002)	XXXXXXX XXXXXXXX	XXXX
05/05/2005 - R 03/23/2005 - D	Deed (2005042300181001)	XXXXXXXX XXXXXXXXXXX XXX X	XXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 159 Martin L King 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

$9,943

Municipal exemptions

Recent tax assessments

Market value

$2,591,000

Assessed value

$155,460

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	$2,080,000	$124,800	$48,547	19.843%	$9,915	$9,633	-1.37%
2024/25	$1,643,000	$98,580	$48,626	20.085%	$10,036	$9,767	+3.84%
2023/24	$1,926,000	$115,560	$46,827	20.085%	$9,686	$9,405	+5.16%
2022/23	$1,576,000	$94,560	$44,038	20.309%	$9,240	$8,944	+8.00%
2021/22	$1,558,000	$93,480	$41,483	19.963%	$8,569	$8,281	-2.19%
2020/21	$1,405,000	$84,300	$40,229	21.045%	$8,763	$8,466	-0.60%
2019/20	$1,117,000	$67,020	$40,238	21.167%	$8,814	$8,517	+5.13%
2018/19	$1,495,000	$89,700	$38,729	20.919%	$8,407	$8,102	+9.05%
2017/18	$1,034,000	$62,040	$36,445	20.385%	$7,729	$7,429	+8.60%
2016/17	$855,000	$51,300	$34,219	19.991%	$7,151	$6,841	+5.63%

Permits

Permit information for 159 Martin L King Place, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/01/2004	New building
01/07/2003	Alteration type 3
01/07/2003	Alteration type 3
09/23/2002	New building
09/23/2002	New building

*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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Marcy Ave & Myrtle Ave at NE Corner

Station lines

Distance (miles)

0.168

View subway map

Access the detailed traffic volume map for 159 Martin L King Place, Brooklyn, NY 11206 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. 297 Abraham Stockton	7	Yes	Public	PK, K-5	212	0.08
P.S. 297 Abraham Stockton	7	Yes	Public	PK, K-5	212	0.08
Success Academy - Fort Greene	10	No	Charter	5-8	180	0.05
Success Academy Bed-Stuy 1	9	No	Charter	5-9	482	0.05
P.S. 368	NR	No	Public	PK, K-12	220	0.05
P.S. 368	NR	No	Public	PK, K-12	220	0.05
Success Academy Bed-Stuy 2	10	No	Charter	K-4	478	0.18
P.S. 59 William Floyd	5	No	Public	PK, K-5	308	0.18
P.S. 59 William Floyd	5	No	Public	PK, K-5	308	0.18
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.19

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Success Academy - Fort Greene	10	No	Charter	5-8	180	0.05
Success Academy Bed-Stuy 1	9	No	Charter	5-9	482	0.05
P.S. 368	NR	No	Public	PK, K-12	220	0.05
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.19
All Sts. Elementary School	NR	No	Private	K-8	0	0.27
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.38
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.38
Bnei Shimon Yisroel of Sopron	NR	No	Private	K-12	0	0.40
Is 318 Eugeno Maria De Hostos	6	No	Public	6-8	1,069	0.41
Bedford Stuyvesant New Beginnings Charter School	8	No	Charter	K-8	730	0.51

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 368	NR	No	Public	PK, K-12	220	0.05
P.S. 373 Brooklyn Transition Center	NR	No	Public	9-12	418	0.15
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.38
Bnei Shimon Yisroel of Sopron	NR	No	Private	K-12	0	0.40
Bnei Shimon Yisroel of Sopron	NR	No	Private	PK, K-12	0	0.41
Bnei Shimon Yisroel of Sopron	NR	No	Private	PK-12	450	0.41
Yeshiva Mesivta Arugath Habosem	NR	No	Private	PK-11	522	0.51
Juan Morel Campos Secondary School	2	No	Public	6-12	454	0.58

Neighbors for 159 Martin L King Place, Brooklyn, NY

98 Martin L King Pl, Brooklyn 105 Sandford St, Brooklyn 662 Park Ave, Brooklyn 527 Marcy Ave, Brooklyn 531 Marcy Ave, Brooklyn 539 Marcy Ave, Brooklyn 70 Tompkins Ave, Brooklyn 529 Marcy Ave, Brooklyn 541 Marcy Ave, Brooklyn 62 Tompkins Ave, Brooklyn 519 Marcy Ave, Brooklyn 95 Sandford St, Brooklyn 545 Marcy Ave, Brooklyn 537 Marcy Ave, Brooklyn 111-113 Nostrand Ave, Brooklyn 65 Tompkins Ave, Brooklyn 110 Martin L King Pl, Brooklyn 107 Stockton St, Brooklyn 54 Tompkins Ave, Brooklyn

Frequently asked questions

What is the year built for 159 Martin L King Place, Brooklyn, NY 11206?

The development at 159 Martin L King Place, Brooklyn, NY 11206 was built in 2004.

What is the total square footage of 159 Martin L King Place, Brooklyn, NY 11206?

159 Martin L King Place, Brooklyn, NY 11206 has a total of 3,025 square feet.

When was 159 Martin L King Place, Brooklyn, NY 11206 last sold and what was the sale price?

159 Martin L King Place, Brooklyn, NY 11206 was last sold on 03/23/2005 for $514,000.

What is the assessed value of 159 Martin L King Place, Brooklyn, NY 11206?

159 Martin L King Place, Brooklyn, NY 11206 is currently assessed at $155,460.

What are the property taxes for 159 Martin L King Place, Brooklyn, NY 11206?

The property taxes for 159 Martin L King Place, Brooklyn, NY 11206 total $9,942.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.