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

Also known as: 88 N 1st St

Property image for 88 North 1st Street, Brooklyn, NY 11249

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2023

Lot sq. ft.

9,175

Sale price

$11,000,000

General information

Address

Primary address

88 North 1st Street

ZIP code

11249

Neighborhood

Williamsburg

Borough

Brooklyn

Block & lot

02379-0009

Building

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Building sq. ft.

47,314

Buildings on lot

Stories

Year built

2023

Building material

Sales

Sale date

04/07/2022

Sale price

$11,000,000

Tax

Tax year

2026-2027

Property tax

$61,394

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

75.17 ft x 131.58 ft

Lot sq. ft.

9,175

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.92 Miles

Closest fire station

0.21 Miles

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

Ownership

Ownership information for 88 North 1st Street, 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 88 North 1st Street, Brooklyn, NY 11249

Sale date	Sale price	Buyer name	Seller name
04/07/2022	$11,000,000	XXXXX XXX XXXXXXXXXX XXX	XX XXXXX XXXXX XXXXXX XXXXXXXXXXX
07/23/2008	$400,000	XXX XXXXXXXXXX XXXXX XXX XXXX XXXX XXX XXXXX XXX XXX, XXXX XXX XXXXXXX XXXX, XXXX XX XXXXXXXXXX XX XXX XXXX XXXX	XXX XXXX X XXXX XXXX XXXXXXXXX XXXXXXXX XXXXX XXX XXXXX XXXXXXXX, XXXX XX XXX XXXX X XXXX XXXX XXX XXX XXXX X XXXX, XXXX XX XXX XXXX X XXXX XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/07/2025 - R	UCC3 Assignment (2025070700012002)	XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
07/07/2025 - R	UCC3 Assignment (2025070700012001)	XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XX XXX
01/06/2025 - R	UCC3 Assignment (2025010300539001)	XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
01/03/2025 - R	Initial UCC1 (2024101400338017)	XXXXX XXX XXXXXXXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
01/03/2025 - R	UCC3 Termination (2024101400338001)	XXXXX XXX XXXXXXXXXX XXX	XX XX XX XXXXX XXX XXXXXXX XXX
09/12/2025 - R 12/04/2024 - D	Asgn of Asgn of L&R (2025090901011004)	XXXXXXXX XXXXXXXX XXXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
09/12/2025 - R 12/04/2024 - D	Assignment, Mortgage (2025090901011003)	XXXXXXXX XXXXXXXX XXXXXXX XXX	XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
09/12/2025 - R 12/04/2024 - D	Asgn of Asgn of L&R (2025090901011002)	XXXXXXXX XXXXXXXX XXXXXXX XX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
09/12/2025 - R 12/04/2024 - D	Assignment, Mortgage (2025090901011001)	XXXXXXXX XXXXXXXX XXXXXXX XX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXX
11/14/2024 - R 11/07/2024 - D	Sundry Miscellaneous (2024111100436001)	XXXXX XXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 88 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

Property tax

$61,394

Municipal exemptions

Recent tax assessments

Market value

$13,011,000

Assessed value

$5,854,950

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	$11,840,000	$5,328,000	$493,560	12.439%	$639,610	$61,394	+197.56%
2024/25	$918,000	$413,100	$165,060	12.5%	$20,633	$20,633	+89.03%
2023/24	$229,000	$103,050	$103,050	10.592%	$10,915	$10,915	-78.28%
2022/23	$1,049,000	$472,050	$472,050	10.646%	$50,254	$50,254	+9.88%
2021/22	$945,000	$425,250	$425,250	10.755%	$45,736	$45,736	-13.35%
2020/21	$1,245,000	$560,250	$493,560	10.694%	$52,781	$52,781	+7.47%
2019/20	$1,196,000	$538,200	$466,110	10.537%	$49,114	$49,114	+8.68%
2018/19	$1,031,000	$463,950	$429,840	10.514%	$45,193	$45,193	+17.32%
2017/18	$973,000	$437,850	$366,390	10.514%	$38,522	$38,522	+18.22%
2016/17	$1,039,000	$467,550	$308,160	10.574%	$32,585	$32,585	+22.84%

Permits

Permit information for 88 North 1st Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/04/2025	Alteration
05/21/2024	New building
04/02/2024	New building
03/07/2024	New building
02/15/2024	New building

*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
	06/20/2023	Lblvio-low pressure boiler boiler required
	12/27/2017	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Bedford Ave & N 7th St at SE Corner

Station lines

Distance (miles)

0.333

View subway map

Access the detailed traffic volume map for 88 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

Neighbors for 88 North 1st Street, Brooklyn, NY

119 Grand St, Brooklyn 255 Wythe Ave, Brooklyn 231 Kent Ave, Brooklyn 115 Grand St, Brooklyn 245 Kent Ave, Brooklyn 33 Grand St, Brooklyn 94 N 1st St, Brooklyn 257 Wythe Ave, Brooklyn 259 Wythe Ave, Brooklyn 261 Wythe Ave, Brooklyn 263 Wythe Ave, Brooklyn 98 N 1st St, Brooklyn 111 Grand St, Brooklyn 86 N 1st St, Brooklyn 253 Wythe Ave, Brooklyn

Frequently asked questions

What is the year built for 88 North 1st Street, Brooklyn, NY 11249?

The development at 88 North 1st Street, Brooklyn, NY 11249 was built in 2023.

What is the market value of 88 North 1st Street, Brooklyn, NY 11249?

The current market value of 88 North 1st Street, Brooklyn, NY 11249 is $13,011,000.

What is the total square footage of 88 North 1st Street, Brooklyn, NY 11249?

88 North 1st Street, Brooklyn, NY 11249 has a total of 47,314 square feet.

What is the price per square foot for this property?

$232 per square foot is the price for 88 North 1st Street, Brooklyn, NY 11249.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.