New York City » 11216 » Marcy Ave » 724 Marcy Ave

724 Marcy Avenue, Brooklyn, NY 11216 - Property report

Also known as: 724 Marcy Ave

Property image for 724 Marcy Avenue, Brooklyn, NY 11216

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

2,000

Sale price

$1,275,000

General information

Address

Primary address

724 Marcy Avenue

Alternate address(es)

724 Rev Gardner C Taylor

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01794-0048

Building

Property type

Four Families (C3)

Building sq. ft.

2,520

Building dimensions

20 ft x 42 ft

Buildings on lot

Stories

Year built

1931

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

06/20/2025

Sale price

$1,275,000

Tax

Tax year

2026-2027

Property tax

$8,320

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)

Marcy Avenue (wide)

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

88 /100. Excellent Transit

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.17 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 724 Marcy Avenue, 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 724 Marcy Avenue, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
06/20/2025	$1,275,000	XXX XXXXX XXXXXXXX XXX	XXXXXX XX XXXX XXXXXXX XXX XXXXXX XX XXXXX XXXXXXX XXX XXXXX, XXXXXXXXXXXXX, XXXXXXX XXX XXXXX, XXXXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/31/2026 - R	UCC3 Termination (2026082700218001)	XXX XXXXX XXXXXXXX XXX	XXXXXXX XXXXXXX XXX
08/31/2026 - R 08/19/2026 - D	Mortgage (2026082700218005)	XXX XXXXX XXXXXXXX XXX	XXX XXXXXXXX XXX XXX XXX XXXX XXXXX
08/31/2026 - R 08/18/2026 - D	Assignment, Mortgage (2026082700218004)	XXXXXXX XXXXXXX XXX	XXX XXXXXXXX XXX XXX XXX XXXX XXXXX
08/31/2026 - R 08/18/2026 - D	Assignment, Mortgage (2026082700218003)	XXXXXXX XXXXXXXX XXXXXX X XXXXXXXX XX XXXXXXX	XXXXXXX XXXXXXX XXX
08/31/2026 - R 08/18/2026 - D	Termination of Assign of L&R (2026082700218002)	XXX XXXXX XXXXXXXX XXX	XXXXXXX XXXXXXX XXX
07/09/2025 - R	Initial UCC1 (2025070200342004)	XXX XXXXX XXXXXXXX XXX	XXXXXXX XXXXXXX XXX
09/25/2025 - R 06/25/2025 - D	Assignment, Mortgage (2025092500123001)	XXXXXXX XXXXXXX XXX	XXXXXXX XXXXXXXX XXXXXX XX XXXXX
07/09/2025 - R 06/20/2025 - D	Assignment of Leases and Rents (2025070200342003)	XXX XXXXX XXXXXXXX XXX	XXXXXXX XXXXXXX XXX
07/09/2025 - R 06/20/2025 - D	Mortgage (2025070200342002)	XXX XXXXX XXXXXXXX XXX	XXXXXXX XXXXXXX XXX
07/09/2025 - R 06/20/2025 - D	Deed (2025070200342001)	XXXXXX XX XXXX XXXXXXX	XXX XXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 724 Marcy Avenue, 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

$8,320

Municipal exemptions

Recent tax assessments

Market value

$688,000

Assessed value

$309,600

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	$573,000	$257,850	$66,872	12.439%	$8,318	$8,318	+2.80%
2024/25	$477,600	$214,920	$64,734	12.5%	$8,092	$8,092	+7.94%
2023/24	$398,000	$179,100	$59,965	12.502%	$7,497	$7,497	+25.79%
2022/23	$332,000	$149,400	$48,585	12.267%	$6,811	$5,960	+8.20%
2021/22	$265,700	$119,565	$45,019	12.235%	$6,295	$5,508	-0.24%
2020/21	$258,000	$116,100	$45,010	12.267%	$6,310	$5,521	+1.60%
2019/20	$214,800	$96,660	$43,571	12.473%	$6,211	$5,435	+6.76%
2018/19	$179,000	$80,550	$40,361	12.612%	$5,818	$5,090	+87.40%
2017/18	$159,000	$71,550	$21,356	12.719%	$5,433	$2,716	+48.76%
2016/17	$127,000	$57,150	$14,163	12.892%	$5,102	$1,826	+0.02%

Permits

Permit information for 724 Marcy Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/15/2026	Alteration
12/01/2025	Alteration
11/21/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/05/2026	A
	06/10/2025	A
	11/27/2024	I

*Most recent HPD violations on record 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

Nostrand Ave & Lafayette Ave at SW Corner

Station lines

Distance (miles)

0.18

View subway map

Access the detailed traffic volume map for 724 Marcy Avenue, Brooklyn, NY 11216 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. 256 Benjamin Banneker	3	Yes	Public	PK, K-5	202	0.11
P.S. 256 Benjamin Banneker	3	Yes	Public	PK, K-5	202	0.11
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.13
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.15
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.15
Tabernacle Elementary School	NR	No	Private	1-5	0	0.21
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.22
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.27
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.27
P.S. 305 Dr Peter Ray	NR	No	Public	PK, K-5	102	0.27

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.13
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.15
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.22
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.22
Urban Assembly Academy Of Arts And Letters	6	No	Public	PK, K-8	729	0.27
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.30
Brooklyn East Collegiate Charter School	7	No	Charter	8	66	0.31
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.43
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.44
P.S. 140	NR	No	Public	K-10	318	0.52

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.13
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.22
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.30
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.30
Brooklyn Academy High School	NR	No	Public	10-12	82	0.31
Bedford Stuyvesant Prepretory High School	NR	No	Public	10-12	102	0.31
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.36
Bedford Academy High School	9	No	Public	9-12	381	0.40
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.44
P.S. 140	NR	No	Public	K-10	318	0.52

Frequently asked questions

What is the year built for 724 Marcy Avenue, Brooklyn, NY 11216?

The development at 724 Marcy Avenue, Brooklyn, NY 11216 was built in 1931.

What is the total square footage of 724 Marcy Avenue, Brooklyn, NY 11216?

724 Marcy Avenue, Brooklyn, NY 11216 has a total of 2,520 square feet.

When was 724 Marcy Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

724 Marcy Avenue, Brooklyn, NY 11216 was last sold on 06/20/2025 for $1,275,000.

What is the assessed value of 724 Marcy Avenue, Brooklyn, NY 11216?

724 Marcy Avenue, Brooklyn, NY 11216 is currently assessed at $309,600.

What are the property taxes for 724 Marcy Avenue, Brooklyn, NY 11216?

The property taxes for 724 Marcy Avenue, Brooklyn, NY 11216 total $8,319.

How many residential units does this building have?

This building has 4 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.