Kings  »  11216  »  Atlantic Ave  »  1247 Atlantic Ave

1247 Atlantic Avenue, Brooklyn, NY 11216 - Property report

Also known as: 1247 Atlantic Ave

Property image for 1247 Atlantic Avenue, Brooklyn, NY 11216
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2016

Lot sq. ft.

6,642

Sale price

$9,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1247 Atlantic Avenue
Alternate address(es)
1247-1249 Atlantic Ave
1251-1253 Atlantic Ave
1253 Rear Atlantic Ave
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01867-0088

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
33,599
Building dimensions
49.67 ft x 99.08 ft
Buildings on lot
2
Stories
10
Year built
2016
Building material
Sales
Sale date
07/21/2016
Sale price
$9,000,000
Tax
Tax year
2026-2027
Property tax
$20,256
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
43
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 99.08 ft
Lot sq. ft.
6,642

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.72 Miles
Closest fire station
0.44 Miles

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

Ownership

Ownership information for 1247 Atlantic Avenue, Brooklyn, NY

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

Sales history for 1247 Atlantic Avenue, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
07/21/2016 $9,000,000 XXXX X&X XXXXXXXXXX XXX XXXX-XXXX XXXXXXXXX XXX
12/23/2014 $3,550,000 XXXX-XXXX XXXXXXXXX, XXX XXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/05/2024 - R
05/18/2022 - D		 Discharge of Tax Lien
(2024040400793001)		 XXX XXXX XX XXX XXXX XXXXXX
02/18/2021 - R UCC3 Continuation
(2021021500542001)		 XXXX XX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
08/01/2019 - R
07/16/2019 - D		 Assignment of Leases and Rents
(2019072901157006)		 XXXX XX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
08/01/2019 - R
07/16/2019 - D		 Agreement
(2019072901157005)		 XXXX XX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
08/01/2019 - R
07/16/2019 - D		 Mortgage
(2019072901157004)		 XXXX XX XXXXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
08/01/2019 - R
07/16/2019 - D		 Termination of Assign of L&R
(2019072901157003)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XX XXXXXXXXXX XXX
08/01/2019 - R
07/16/2019 - D		 Termination of Assign of L&R
(2019072901157002)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XX XXXXXXXXXX XXX
08/01/2019 - R
07/16/2019 - D		 Termination of Assign of L&R
(2019072901157001)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XX XXXXXXXXXX XXX
03/01/2018 - R
02/27/2018 - D		 Certificate
(2018022700508001)		 XXXXX XXXXXXXX XXXX
03/01/2018 - R
02/21/2018 - D		 Zoning Lot Description
(2018022700508002)		 XXXX XX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1247 Atlantic 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
$20,256
Municipal exemptions
Recent tax assessments
Market value
$6,890,000
Assessed value
$3,100,500

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 $5,974,000 $2,688,300 $162,840 12.439% $314,034 $20,256 -0.49%
2024/25 $5,745,000 $2,585,250 $162,840 12.5% $308,644 $20,355 -0.02%
2023/24 $5,689,000 $2,560,050 $162,840 12.502% $304,339 $20,358 +1.92%
2022/23 $6,558,000 $2,951,100 $162,840 12.267% $294,964 $19,976 -91.12%
2021/22 $4,085,000 $1,838,250 $1,838,250 12.235% $224,910 $224,910 -20.42%
2020/21 $5,358,000 $2,411,100 $2,303,784 12.267% $282,605 $282,605 +169.03%
2019/20 $2,257,000 $1,015,650 $842,184 12.473% $105,046 $105,046 +599.72%
2018/19 $797,000 $358,650 $119,034 12.612% $15,013 $15,013 +170.00%
2017/18 $213,600 $96,120 $52,884 10.514% $5,560 $5,560 +34.01%
2016/17 $188,000 $84,600 $39,240 10.574% $4,149 $4,149 -51.39%
Permits

Permit information for 1247 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/08/2024 Alteration
09/25/2024 Alteration
09/09/2024 Alteration
08/22/2024 Alteration
08/12/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/02/2024 Bench-failure to benchmark none
10/16/2018 C-construction
07/25/2018 C-construction

*Most recent DOB violations on record for this property.

Neighborhood

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

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
-

Subway & traffic

Closest station
Nostrand Ave & Fulton St at SE Corner
Station lines
A-C
Distance (miles)
0.1
View subway map

Access the detailed traffic volume map for 1247 Atlantic 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

Neighbors for 1247 Atlantic Avenue, Brooklyn, NY

1369 Atlantic Ave, Brooklyn 1305 Atlantic Ave, Brooklyn 1381 Atlantic Ave, Brooklyn 1357 Atlantic Ave, Brooklyn 1255 Atlantic Ave, Brooklyn 1281 Atlantic Ave, Brooklyn 1289 Atlantic Ave, Brooklyn 50 New York Ave, Brooklyn 260 Herkimer St, Brooklyn 1269 Atlantic Ave, Brooklyn 1275 Atlantic Ave, Brooklyn 29 New York Ave, Brooklyn 10 Herkimer CT, Brooklyn 1259 Atlantic Ave, Brooklyn 1371 Atlantic Ave, Brooklyn 2 Herkimer CT, Brooklyn 6 Herkimer CT, Brooklyn 1261 Atlantic Ave, Brooklyn 1303 Atlantic Ave, Brooklyn 4 Herkimer CT, Brooklyn

Nearby ZIP codes for 1247 Atlantic Avenue, Brooklyn, NY

10002, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 1247 Atlantic Avenue, Brooklyn, NY 11216?

The development at 1247 Atlantic Avenue, Brooklyn, NY 11216 was built in 2016.

What is the market value of 1247 Atlantic Avenue, Brooklyn, NY 11216?

The current market value of 1247 Atlantic Avenue, Brooklyn, NY 11216 is $6,890,000.

What is the total square footage of 1247 Atlantic Avenue, Brooklyn, NY 11216?

1247 Atlantic Avenue, Brooklyn, NY 11216 has a total of 33,599 square feet.

What is the price per square foot for this property?

$267 per square foot is the price for 1247 Atlantic Avenue, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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