Kings  »  11206  »  Morgan Ave  »  131 Morgan Ave

131 Morgan Avenue, Brooklyn, NY 11206 - Property report

Also known as: 131 Morgan Ave

Property image for 131 Morgan Avenue, Brooklyn, NY 11206
static Mapbox map

Property type

Factory - Industrial Miscellaneous (F9)

Year built

2025

Lot sq. ft.

65,300

Sale price

$30,870,000

General information

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Address
Primary address
131 Morgan Avenue
Alternate address(es)
131-151 Morgan Ave
ZIP code
11206
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
03056-0140

Owner

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Building
Property type
Factory - Industrial Miscellaneous (F9)
Building sq. ft.
32,530
Building dimensions
264 ft x 81 ft
Buildings on lot
2
Stories
2
Year built
2025
Building material
Sales
Sale date
12/15/2022
Sale price
$30,870,000
Tax
Tax year
2026-2027
Property tax
$85,125
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
201 ft x 300 ft
Lot sq. ft.
65,300

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
1.06 Miles
Closest fire station
0.23 Miles

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

Ownership information for 131 Morgan Avenue, Brooklyn, NY

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

Sales history for 131 Morgan Avenue, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
12/15/2022 $30,870,000 XXXXXXX XXX XXXX XXX. XXX XXXXXX XXXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/26/2024 - R
09/04/2024 - D
Easement
(2024092500725001)
XXXXXXX XXX XXXX XXX XXX XXXX XX XXX XXXX XX XXX
07/03/2023 - R
06/28/2023 - D
Zoning Lot Description
(2023063000404002)
XXXXXXX XXX XXXX XXX
07/03/2023 - R
05/26/2023 - D
Certificate
(2023063000404001)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
01/09/2023 - R
01/04/2023 - D
Satisfaction of Mortgage
(2023010600956001)
XXX XXXXXX XXXXXXX XXXX XXXX XX XXXX
01/05/2023 - R
01/03/2023 - D
Release
(2023010401012001)
XXX XXXXXX XXXXXXX XXXX XXXX XX XXXX
12/30/2022 - R UCC3 Termination
(2022122900955001)
XXX XXXXXX XXXXXXX XXXX XXXX XX XXXX
12/23/2022 - R
12/15/2022 - D
Deed
(2022122100235001)
XXX XXXXXX XXXXXXX XXXX XXXXXXX XXX XXXX XXX
08/27/2020 - R Initial UCC1
(2020082600940001)
XXX XXXXXX XXXXXXX XXXX XXXX XX XXXX
09/16/2020 - R
08/26/2020 - D
Assignment of Leases and Rents
(2020090900208002)
XX XXXXXX XXXXXXX XXXX XXXX XX XXXX
09/16/2020 - R
08/12/2020 - D
Satisfaction of Mortgage
(2020090900208003)
XXX XXXXXX XXXXXXX XXXX XX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 131 Morgan 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
$85,125
Municipal exemptions
Recent tax assessments
Market value
$2,139,000
Assessed value
$962,550

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 $1,645,000 $740,250 $740,250 10.848% $80,302 $80,302 -64.75%
2024/25 $5,357,000 $2,410,650 $2,116,530 10.762% $227,781 $227,781 +5.11%
2023/24 $5,055,000 $2,274,750 $2,045,970 10.592% $216,709 $216,709 +3.10%
2022/23 $4,618,000 $2,078,100 $1,974,330 10.646% $210,187 $210,187 +16.34%
2021/22 $3,733,000 $1,679,850 $1,679,850 10.755% $180,668 $180,668 -7.70%
2020/21 $4,754,000 $2,139,300 $1,830,330 10.694% $195,735 $195,735 +14.63%
2019/20 $4,573,000 $2,057,850 $1,620,450 10.537% $170,747 $170,747 +15.36%
2018/19 $4,259,000 $1,916,550 $1,407,780 10.514% $148,014 $148,014 +15.07%
2017/18 $4,187,000 $1,884,150 $1,223,370 10.514% $128,625 $128,625 +17.57%
2016/17 $2,564,000 $1,153,800 $1,034,640 10.574% $109,403 $109,403 +3.00%

Permit information for 131 Morgan Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/20/2026 Alteration
10/02/2025 New building
09/10/2025 New building
08/12/2025 New building
05/14/2025 New building

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/03/2012 Bench-failure to benchmark

*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
2

Subway & traffic

Closest station
Bogart St & Harrison Pl at NW Corner
Station lines
L
Distance (miles)
0.189

Access the detailed traffic volume map for 131 Morgan Avenue, Brooklyn, NY 11206 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 131 Morgan Avenue, Brooklyn, NY 11206?

The development at 131 Morgan Avenue, Brooklyn, NY 11206 was built in 2025.

What is the market value of 131 Morgan Avenue, Brooklyn, NY 11206?

The current market value of 131 Morgan Avenue, Brooklyn, NY 11206 is $2,139,000.

What is the total square footage of 131 Morgan Avenue, Brooklyn, NY 11206?

131 Morgan Avenue, Brooklyn, NY 11206 has a total of 32,530 square feet.

What is the price per square foot for this property?

$948 per square foot is the price for 131 Morgan Avenue, Brooklyn, NY 11206.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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