Kings  »  11206  »  Forrest St  »  128 Forrest St

128 Forrest Street, Brooklyn, NY 11206 - Property report

Also known as: 128 Forrest St

Property image for 128 Forrest Street, Brooklyn, NY 11206
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1931

Lot sq. ft.

5,000

Sale price

$11,400,000

General information

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Address
Primary address
128 Forrest Street
Alternate address(es)
128-130 Forrest St
ZIP code
11206
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03148-0024

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
5,000
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Sales
Sale date
03/19/2019
Sale price
$11,400,000 - M
Tax
Tax year
2026-2027
Property tax
$47,360
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 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.77 Miles
Closest fire station
0.13 Miles

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Ownership information for 128 Forrest Street, Brooklyn, NY

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

Sales history for 128 Forrest Street, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
03/19/2019 $11,400,000 XXX XXXXXXX XXXXXX XXX XXX XXXX XXX
12/15/2015 $6,000,000 XXX XXXX XXX XXX XXXXXXXX XXXXX XXX
04/07/2015 $1 XXX XXXXXXXX XXXXX XXX XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/21/2022 - R
02/11/2022 - D
Agreement
(2022030700794001)
XXXXXXXX XXXXX XXXX X X XXXX XXXXXX XXX XXX
02/18/2022 - R
02/11/2022 - D
Mortgage
(2022021500823001)
XXX XXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
07/24/2019 - R
06/21/2019 - D
Termination of Assign of L&R
(2019062100873001)
XXX XXX XXX XX XXXX
07/18/2019 - R
06/21/2019 - D
Satisfaction of Mortgage
(2019062100751001)
XXX XXXX XXX X X XXXX
07/24/2019 - R
06/21/2019 - D
Satisfaction of Mortgage
(2019062100707001)
XXX XXXX XXX XX XXXX
03/29/2019 - R
03/19/2019 - D
Deed
(2019032200558001)
XXX XXXX XXX XXX XXXXXXX XXXXXX XXX
06/30/2016 - R
06/10/2016 - D
Assignment of Leases and Rents
(2016062200128002)
XXX XXXX XXX XX XXXX
06/30/2016 - R
06/10/2016 - D
Mortgage
(2016062200128001)
XXX XXXX XXX XX XXXX
03/04/2016 - R
02/23/2016 - D
Both RPTT and RETT
(2016022600306001)
XXXXXX XXXXXXXXXX XX XXX XXX XXXXXXXXX XXX
03/02/2016 - R
02/11/2016 - D
Assignment of Leases and Rents
(2016022301073002)
XXX XXXX XXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 128 Forrest 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
$47,360
Municipal exemptions
Recent tax assessments
Market value
$1,202,000
Assessed value
$540,900

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 $1,372,000 $617,400 $371,770 10.848% $40,330 $40,330 +25.76%
2024/25 $1,313,000 $590,850 $297,990 10.762% $32,070 $32,070 +34.73%
2023/24 $558,000 $251,100 $224,730 10.592% $23,803 $23,803 +4.56%
2022/23 $510,000 $229,500 $213,840 10.646% $22,765 $22,765 +13.90%
2021/22 $413,000 $185,850 $185,850 10.755% $19,988 $19,988 -9.75%
2020/21 $517,000 $232,650 $207,090 10.694% $22,146 $22,146 +6.78%
2019/20 $499,000 $224,550 $196,830 10.537% $20,740 $20,740 +6.24%
2018/19 $437,000 $196,650 $185,670 10.514% $19,521 $19,521 +4.88%
2017/18 $431,000 $193,950 $177,030 10.514% $18,613 $18,613 +5.04%
2016/17 $417,000 $187,650 $167,580 10.574% $17,720 $17,720 +5.64%

Permit information for 128 Forrest Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/12/2026 Alteration
05/13/2016 Alteration type 2
04/26/2013 Alteration type 3
04/26/2013 Sign
08/07/2009 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
-

Subway & traffic

Closest station
Morgan Ave & Harrison Pl at SW Corner
Station lines
L
Distance (miles)
0.204

Access the detailed traffic volume map for 128 Forrest Street, 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 128 Forrest Street, Brooklyn, NY 11206?

The development at 128 Forrest Street, Brooklyn, NY 11206 was built in 1931.

What is the market value of 128 Forrest Street, Brooklyn, NY 11206?

The current market value of 128 Forrest Street, Brooklyn, NY 11206 is $1,202,000.

What is the total square footage of 128 Forrest Street, Brooklyn, NY 11206?

128 Forrest Street, Brooklyn, NY 11206 has a total of 5,000 square feet.

What is the price per square foot for this property?

$2,280 per square foot is the price for 128 Forrest Street, 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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