Kings  »  11231  »  S 3rd St  »  118 S 3rd St

118 South 3rd Street, Brooklyn, NY 11231 - Property report

Also known as: 118 S 3rd St

Property image for 118 South 3rd Street, Brooklyn, NY 11231
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1915

Lot sq. ft.

5,937

General information

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Address
Primary address
118 South 3rd Street
Alternate address(es)
118-122 S 3rd St
ZIP code
11231
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02430-0016

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
24,885
Building dimensions
75 ft x 82 ft
Buildings on lot
1
Stories
6
Year built
1915
Building material
Tax
Tax year
2026-2027
Property tax
$175,836
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
41
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 95 ft
Lot sq. ft.
5,937

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
1.10 Miles
Closest fire station
0.10 Miles

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

Ownership

Ownership information for 118 South 3rd Street, Brooklyn, NY

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

Sales history for 118 South 3rd Street, Brooklyn, NY 11231

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/13/2021 - R
12/29/2020 - D		 Agreement
(2021010700208001)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXXX XXXX X X
11/29/2018 - R UCC3 Termination
(2018112800519005)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
11/29/2018 - R
11/26/2018 - D		 Agreement
(2018112800519003)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXXX XXXX X X
11/29/2018 - R
11/26/2018 - D		 Mortgage
(2018112800519002)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXXX XXXXX XXXX X X
11/29/2018 - R
11/13/2018 - D		 Termination of Assign of L&R
(2018112800519004)		 XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX
11/29/2018 - R
11/13/2018 - D		 Assignment, Mortgage
(2018112800519001)		 XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX X X
06/09/2014 - R Initial UCC1
(2014060200275001)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXXX XXX XXXXXXXX XXXXXXXXXXX
06/03/2014 - R
05/28/2014 - D		 Assignment of Leases and Rents
(2014060200765004)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
06/03/2014 - R
05/28/2014 - D		 Agreement
(2014060200765003)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
06/03/2014 - R
05/28/2014 - D		 Mortgage
(2014060200765002)		 XXXXXX XXXXX XXXXX XXXXXX XXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 118 South 3rd 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
$175,836
Municipal exemptions
Recent tax assessments
Market value
$3,322,000
Assessed value
$1,494,900

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 $3,195,000 $1,437,750 $1,351,130 12.439% $168,067 $168,067 +0.84%
2024/25 $3,090,000 $1,390,500 $1,333,310 12.5% $166,664 $166,664 +1.92%
2023/24 $3,058,000 $1,376,100 $1,307,930 12.502% $163,517 $163,517 +3.36%
2022/23 $3,319,000 $1,493,550 $1,289,700 12.267% $158,207 $158,207 +9.34%
2021/22 $2,628,000 $1,182,600 $1,182,600 12.235% $144,691 $144,691 -0.31%
2020/21 $2,997,000 $1,348,650 $1,183,230 12.267% $145,147 $145,147 +6.44%
2019/20 $2,808,000 $1,263,600 $1,093,230 12.473% $136,359 $136,359 +7.91%
2018/19 $2,578,000 $1,160,100 $1,001,970 12.612% $126,368 $126,368 +8.06%
2017/18 $2,436,000 $1,096,200 $919,440 12.719% $116,944 $116,944 +11.94%
2016/17 $2,328,000 $1,047,600 $810,360 12.892% $104,472 $104,472 +15.68%
Permits

Permit information for 118 South 3rd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/19/2019 Alteration type 3
09/05/2019 Alteration
09/04/2019 Alteration
06/12/2015 Alteration type 2
05/09/2014 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
12/26/2019 Aeuhaz1-fail to certify class 1
01/15/2014 Aeuhaz1-fail to certify class 1

*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
Havemeyer St & Broadway at NE Corner
Station lines
J-M-Z
Distance (miles)
0.344
View subway map

Access the detailed traffic volume map for 118 South 3rd Street, Brooklyn, NY 11231 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 118 South 3rd Street, Brooklyn, NY

352 Bedford Ave, Brooklyn 111 S 4th St, Brooklyn 109 S 4th St, Brooklyn 65 S 4th St, Brooklyn 67 S 4th St, Brooklyn 77 A S 4th St, Brooklyn 79 S 4th St, Brooklyn 117 S 4th St, Brooklyn 107 S 4th St, Brooklyn 113 S 4th St, Brooklyn 75 S 4th St, Brooklyn 350 Bedford Ave, Brooklyn 360 Bedford Ave, Brooklyn 362 Bedford Ave, Brooklyn 115 S 4th St, Brooklyn 71 S 4th St, Brooklyn 77 S 4th St, Brooklyn 69 S 4th St, Brooklyn 315 Berry St, Brooklyn 106 S 3rd St, Brooklyn

Nearby ZIP codes for 118 South 3rd Street, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 118 South 3rd Street, Brooklyn, NY 11231?

The development at 118 South 3rd Street, Brooklyn, NY 11231 was built in 1915.

What is the total square footage of 118 South 3rd Street, Brooklyn, NY 11231?

118 South 3rd Street, Brooklyn, NY 11231 has a total of 24,885 square feet.

What is the assessed value of 118 South 3rd Street, Brooklyn, NY 11231?

118 South 3rd Street, Brooklyn, NY 11231 is currently assessed at $1,494,900.

What are the property taxes for 118 South 3rd Street, Brooklyn, NY 11231?

The property taxes for 118 South 3rd Street, Brooklyn, NY 11231 total $175,836.

How many residential units does this building have?

This building has 41 residential unit(s).

Disclaimer

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