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78 Commercial Street, Brooklyn, NY 11222 Property Information

78 Commercial Street, Brooklyn, NY 11222 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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78 Commercial Street, Brooklyn, NY 11222 1
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Address

Primary address 78 Commercial Street
Neighborhood Greenpoint
Zip code 11222
Borough Brooklyn
Block & lot 02478-0001

Sales & Tax Overview for 78 Commercial Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/06/2024
Purchase price $1,500,000
Tax class
Estimated property tax $20,102

Lot & Building Information for 78 Commercial Street, Brooklyn

Lot sqft 4,154
Lot dimensions 141.25 ft x 124.17 ft
Property type Unlicensed Parking Lot (G7)
Status
Status date
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Zoning & Use for 78 Commercial Street, Brooklyn

Zoning
Qualified opportunity zone

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.73 Miles
Closest fire station 0.51 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 78 Commercial Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 78 Commercial Street, Brooklyn, NY 11222, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 78 Commercial Street, Brooklyn, NY 11222, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 78 Commercial Street, Brooklyn

What is the assessed value of 78 Commercial Street, Brooklyn, NY 11222 and the property tax paid?

Assessed at $233,550, the tax amount paid for 78 Commercial Street, Brooklyn, NY 11222 is $16,265. For the next year, the tax amount for 78 Commercial Street, Brooklyn, NY 11222 is estimated at $20,102.

When was 78 Commercial Street, Brooklyn, NY 11222 last sold and what was the last sale price?

78 Commercial Street, Brooklyn, NY 11222 was last sold in 06/06/2024 for $1,500,000.

Ownership Information for 78 Commercial Street, Brooklyn

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Property owner name for 78 Commercial Street, Brooklyn, NY 11222
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Building contacts for 78 Commercial Street, Brooklyn, NY 11222
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 78 Commercial Street, Brooklyn

No photo available
78 Commercial Street
Listing type For Lease
Listing date 03/27/2025
Last updated 05/08/2026

 Full Building Available: Perfect for a private membership club, large office flagship, fitness club, or a variety of other uses.

 

 

 

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 10,561 Andrew Schulman
Ryan Schimel
Jason D. Richter
2nd Floor Retail Listing price not available 10,347 Andrew Schulman
Ryan Schimel
Jason D. Richter
3rd Floor Retail Listing price not available 6,640 Andrew Schulman
Ryan Schimel
Jason D. Richter
Active Listings For This Property:
For Lease No photo available
78 Commercial Street
78 Commercial Street, Brooklyn
Property Retail
Availability 3 Spaces listed / 27548 Sqft
Price Listing price not available
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 78 Commercial Street, Brooklyn

Create a free account to view the complete sales history for 78 Commercial Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/06/2024 $1,500,000

Title Documents for 78 Commercial Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/25/2024 - D
07/01/2024 - R
Assignment, Mortgage
(2024062600628003)
06/25/2024 - D
07/01/2024 - R
Assignment, Mortgage
(2024062600628002)
06/25/2024 - D
07/01/2024 - R
Assignment, Mortgage
(2024062600628001)
06/06/2024 - D
06/21/2024 - R
Assignment of Leases and Rents
(2024061000263010)
06/06/2024 - D
06/21/2024 - R
Mortgage
(2024061000263009)
06/06/2024 - D
06/21/2024 - R
Mortgage
(2024061000263008)
06/06/2024 - D
06/21/2024 - R
Mortgage
(2024061000263007)
06/06/2024 - D
06/21/2024 - R
Deed
(2024061000263003)
04/08/2024 - D
04/22/2024 - R
Discharge of Tax Lien
(2024042200696001)
07/15/2008 - D
08/13/2008 - R
Deed
(2008080800518003)
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R: Recorded date
D: Document date

Property Taxes for 78 Commercial Street, Brooklyn

Access detailed property tax data for 78 Commercial Street, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $16,265
Estimated property tax: $20,102
Tax assessor's market value: $519,000
Assessed value: $233,550

Assessment History for 78 Commercial Street, Brooklyn

Here's the assessment & property tax history for 78 Commercial Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $519,000 $233,550 $149,940 10.848% $16,265 $16,265 +26.74%
2024/25 $399,000 $179,550 $119,250 10.762% $12,834 $12,834 +24.54%
2023/24 $307,000 $138,150 $97,290 10.592% $10,305 $10,305 +19.10%
2022/23 $236,000 $106,200 $81,270 10.646% $8,652 $8,652 +18.70%
2021/22 $205,000 $92,250 $67,770 10.755% $7,289 $7,289 +20.40%

Permits for 78 Commercial Street, Brooklyn

The complete history of permits filed for 78 Commercial Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/16/2025 Alteration type 3
04/02/2025 New building
03/31/2025 New building
03/31/2025 New building
12/17/2024 New building
09/13/1991 New building
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Manhattan Ave & India St at SW Corner
Station lines G
Distance (miles) 0.362
View subway map
Bus Routes
Name Box St/Manhattan Av
Line B43
Distance (miles) 0.026

Neighbors for 78 Commercial Street, Brooklyn

Here are the neighbors for 78 Commercial Street, Brooklyn, NY 11222.

Address Square feet Purchase date Purchase price
21 P.O. BOX St, Brooklyn 1,520 01/31/2025 $2,225,000
1158 Manhattan Ave, Brooklyn 1,509 06/11/1999
12 Ash St, Brooklyn 2,500 10/01/2001
1166 Manhattan Ave, Brooklyn 38,066 04/09/2008
1150 Manhattan Ave, Brooklyn 4,918 07/01/2013
95 Broadway, Brooklyn 2,880 10/03/2013
1141 Manhattan Ave, Brooklyn 3,000 06/06/2024 $2,000,000
1154 Manhattan Ave, Brooklyn 3,938 12/13/2005 $1,225,000
1200 Manhattan Ave, Brooklyn 11/04/2024
1145 Manhattan Ave, Brooklyn 1,740 06/06/2024 $2,500,000
1139 Manhattan Ave, Brooklyn 3,672 06/06/2024 $2,000,000
19 P.O. BOX St, Brooklyn 1,500 01/31/2025 $2,225,000
23 Ash St, Brooklyn 34,000 05/04/1982
91 Broadway, Brooklyn 3,150 01/04/2018
93 Broadway, Brooklyn 3,240 07/11/2017
1155 Manhattan Ave, Brooklyn 364,000 08/31/1999
99 Commercial St, Brooklyn 87,277 06/06/2024 $27,500,000
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