Kings  »  11206  »  Melrose St  »  123 Melrose St

123 Melrose Street, Brooklyn, NY 11206 - Property report

Also known as: 123 Melrose St

Property image for 123 Melrose Street, Brooklyn, NY 11206
static Mapbox map

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2019

Lot sq. ft.

86,512

Sale price

$256,795,000

General information

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Address
Primary address
123 Melrose Street
ZIP code
11206
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03152-0048

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
384,683
Building dimensions
446.92 ft x 207.81 ft
Buildings on lot
1
Stories
9
Year built
2019
Last altered
2023
Building material
Sales
Sale date
12/02/2021
Sale price
$256,795,000
Tax
Tax year
2026-2027
Property tax
$176,761
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
468
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
446.92 ft x 267.81 ft
Lot sq. ft.
86,512

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.76 Miles
Closest fire station
0.34 Miles

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

Ownership

Ownership information for 123 Melrose 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 123 Melrose Street, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
12/02/2021 $256,795,000 XXX XX XXXXXXX XXX XXXXXXXXX XXXXXXX X XXX
10/13/2015 $68,500,000 XXXXXXXXX XXXXXXX X XXX XXX XXX X XXX XXX XXX XXX XX XXX XXX XXXXXX XXXX XXX
06/27/2014 $11,250,000 XX XXXXXXXXXXXX XXX X & X XXXXXXXX XXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/06/2022 - R
11/21/2022 - D		 Both RPTT and RETT
(2022120200743001)		 XXXXXXX XXXXXXX XXX XXXXXXX XX XXX
07/29/2022 - R
06/30/2022 - D		 Assignment, Mortgage
(2022070601059001)		 XXXXXXXX XXXX XX XXX XXXX XXXXXX XX XXXXX XXXX XXXXXXXX XXXX XXXXXX XXXX X XXXXXX X
06/28/2022 - R
06/09/2022 - D		 Zoning Lot Description
(2022061500718002)		 XXX XX XXXXXXX XXX
06/28/2022 - R
05/09/2022 - D		 Certificate
(2022061500718001)		 XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
01/12/2022 - R UCC3 Assignment
(2022010400771003)		 XXX XX XXXXXXX XXX XXXXXX XXXXX XXXXXXX XXX
12/20/2021 - R UCC3 Termination
(2021121000345010)		 XXXXXXXXX XXXXXXX X XXX XXXX XXXX XXXXXX XX XXX
12/20/2021 - R Initial UCC1
(2021121000345007)		 XXX XX XXXXXXX XXX XXXXXX XXXXX XXXXXXX XXX
01/12/2022 - R
12/17/2021 - D		 Assignment, Mortgage
(2022010400771001)		 XXXXXX XXXXX XXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
01/12/2022 - R
12/16/2021 - D		 Asgn of Asgn of L&R
(2022010400771002)		 XXXXXX XXXXX XXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
12/03/2021 - R UCC3 Termination
(2021120300365001)		 XXXXXXXXX XXXXXXX X XXX XXXX XXXX XXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 123 Melrose 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
$176,761
Municipal exemptions
Recent tax assessments
Market value
$92,408,000
Assessed value
$41,583,600

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 $86,310,000 $38,839,500 $1,421,022 12.439% $4,184,713 $176,761 -0.49%
2024/25 $83,699,000 $37,664,550 $1,421,022 12.5% $3,991,647 $177,628 -0.02%
2023/24 $67,450,000 $30,352,500 $1,421,022 12.502% $3,761,747 $177,656 +1.92%
2022/23 $67,468,000 $30,360,600 $1,421,022 12.267% $3,680,560 $174,317 +0.26%
2021/22 $66,404,000 $29,881,800 $1,421,022 12.235% $3,656,038 $173,862 -0.26%
2020/21 $66,501,000 $29,925,450 $1,421,022 12.267% $3,644,779 $174,317 -88.90%
2019/20 $29,374,691 $13,218,611 $12,586,316 12.473% $1,569,891 $1,569,891 +573.94%
2018/19 $6,398,000 $2,879,100 $1,846,977 12.612% $232,941 $232,941 +31.24%
2017/18 $6,398,000 $2,879,100 $1,395,464 12.719% $177,489 $177,489 +69.98%
2016/17 $3,646,800 $1,641,060 $987,490 10.574% $104,417 $104,417 +458.06%
Permits

Permit information for 123 Melrose Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/26/2025 Alteration
07/25/2023 Alteration CO
09/09/2022 Alteration CO
06/24/2022 Alteration
06/24/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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
Broadway & Myrtle Ave at SW Corner
Station lines
J-M-Z
Distance (miles)
0.221
View subway map

Access the detailed traffic volume map for 123 Melrose 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

Neighbors for 123 Melrose Street, Brooklyn, NY

126 Noll St, Brooklyn 130 Noll St, Brooklyn 73 Evergreen Ave, Brooklyn 124 Noll St, Brooklyn 23 Melrose St, Brooklyn 25 Melrose St, Brooklyn 27 Melrose St, Brooklyn 43 Central Ave, Brooklyn 128 Noll St, Brooklyn 19 Melrose St, Brooklyn 77 Evergreen Ave, Brooklyn 555 Bushwick Ave, Brooklyn 134 Noll St, Brooklyn 90-110 Noll St, Brooklyn 15 George St, Brooklyn 17 Melrose St, Brooklyn 15 Melrose St, Brooklyn

Nearby ZIP codes for 123 Melrose Street, Brooklyn, NY

10002, New York City, NY 10009, New York City, NY 10010, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 123 Melrose Street, Brooklyn, NY 11206?

The development at 123 Melrose Street, Brooklyn, NY 11206 was built in 2019.

What is the market value of 123 Melrose Street, Brooklyn, NY 11206?

The current market value of 123 Melrose Street, Brooklyn, NY 11206 is $92,408,000.

What is the total square footage of 123 Melrose Street, Brooklyn, NY 11206?

123 Melrose Street, Brooklyn, NY 11206 has a total of 384,683 square feet.

What is the price per square foot for this property?

$667 per square foot is the price for 123 Melrose Street, Brooklyn, NY 11206.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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