51 North 1st Street, Brooklyn, NY 11249 - Property report

Also known as: 49-51 N 1st St

Property image for 51 North 1st Street, Brooklyn, NY 11249
static Mapbox map

Property type

Miscellaneous Theatre (J9)

Year built

1920

Lot sq. ft.

4,758

Sale price

$1,300,000

General information

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Address
Primary address
51 North 1st Street
Alternate address(es)
49-51 N 1st St
ZIP code
11249
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02363-0038

Owner

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Building
Property type
Miscellaneous Theatre (J9)
Building sq. ft.
4,758
Building dimensions
50.08 ft x 95 ft
Buildings on lot
1
Stories
1
Year built
1920
Building material
Sales
Sale date
11/01/2007
Sale price
$1,300,000
Tax
Tax year
2026-2027
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
50.08 ft x 95 ft
Lot sq. ft.
4,758

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
0.90 Miles
Closest fire station
0.31 Miles

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Ownership information for 51 North 1st Street, Brooklyn, NY

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

Sales history for 51 North 1st Street, Brooklyn, NY 11249

Sale date Sale price Buyer name Seller name
11/01/2007 $1,300,000 XXXXXXXX, XX X XXXXXXX XXXXXXXXXXXX, XXX
03/09/2006 $25,000,000 XXXXXXX XXXXXXXXXXXX, XXX XXX XXXXX XXXXXXX XX. , XXX. XXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/21/2025 - R
04/22/2025 - D
Termination of Assign of L&R
(2025052100139002)
XXXXXXXX XXX XXXXXXXX XXXX X X
05/21/2025 - R
04/22/2025 - D
Satisfaction of Mortgage
(2025052100139001)
XXXXXXXX XXX XXXXXXXX XXXX X X
12/28/2023 - R UCC3 Assignment
(2023122800420001)
XXXXXXXX XXX XXXXXXXX XXXX X X
01/22/2024 - R
11/20/2023 - D
Asgn of Asgn of L&R
(2024011800122061)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXX XXXX X X
01/22/2024 - R
11/20/2023 - D
Assignment, Mortgage
(2024011800122060)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXX XXXX X X
10/16/2019 - R UCC3 Continuation
(2019101501874001)
XXXXXXXX XXX XXXXXXXXX XXXX
04/07/2015 - R UCC3 Termination
(2015033100777006)
XXXXX XXX XXXXXXXXX XXXX
04/07/2015 - R UCC3 Termination
(2015033100777005)
XXXXX XXX XXXXXXXXX XXXX
03/31/2015 - R Initial UCC1
(2015033100103001)
XXXXXXXX XXX XXXXXXXXX XXXX
04/07/2015 - R
03/27/2015 - D
Termination of Assign of L&R
(2015033100777004)
XXXXXXXXX XXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 51 North 1st 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
Municipal exemptions
Recent tax assessments
Market value
$760,000
Assessed value
$342,000

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 $742,000 $333,900 $0 10.848% $33,771 $0 n/a
2024/25 $726,000 $326,700 $0 10.762% $33,552 $0 n/a
2023/24 $709,000 $319,050 $0 10.592% $33,098 $0 n/a
2022/23 $676,000 $304,200 $0 10.646% $32,385 $0 n/a
2021/22 $606,000 $272,700 $0 10.755% $29,329 $0 n/a
2020/21 $747,000 $336,150 $0 10.694% $33,099 $0 n/a
2019/20 $734,000 $330,300 $0 10.537% $31,001 $0 n/a
2018/19 $702,000 $315,900 $0 10.514% $29,154 $0 n/a
2017/18 $645,000 $290,250 $0 10.514% $27,545 $0 n/a
2016/17 $611,000 $274,950 $0 10.574% $26,561 $0 n/a

Permit information for 51 North 1st Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/18/2026 No work
04/01/2025 No work
03/27/2024 No work
04/18/2023 No work
05/18/2022 No work

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/15/2014 Aeuhaz1-fail to certify class 1

*Most recent DOB violation on record 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
Bedford Ave & N 7th St at SE Corner
Station lines
L
Distance (miles)
0.369

Access the detailed traffic volume map for 51 North 1st Street, Brooklyn, NY 11249 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 51 North 1st Street, Brooklyn, NY 11249?

The development at 51 North 1st Street, Brooklyn, NY 11249 was built in 1920.

What is the total square footage of 51 North 1st Street, Brooklyn, NY 11249?

51 North 1st Street, Brooklyn, NY 11249 has a total of 4,758 square feet.

When was 51 North 1st Street, Brooklyn, NY 11249 last sold and what was the sale price?

51 North 1st Street, Brooklyn, NY 11249 was last sold on 11/01/2007 for $1,300,000.

What is the assessed value of 51 North 1st Street, Brooklyn, NY 11249?

51 North 1st Street, Brooklyn, NY 11249 is currently assessed at $342,000.

Disclaimer

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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.

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