New York City  »  11221  »  Central Ave  »  157 Central Ave

157 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 157 Central Ave

Property image for 157 Central Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1931

Lot sq. ft.

2,500

Sale price

$1,250,000

General information

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Address
Primary address
157 Central Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03208-0002

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
4,125
Building dimensions
25 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
12/04/2017
Sale price
$1,250,000
Tax
Tax year
2026-2027
Property tax
$7,305
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.44 Miles
Closest fire station
0.05 Miles

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Ownership information for 157 Central Avenue, Brooklyn, NY

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

Sales history for 157 Central Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
12/04/2017 $1,250,000 XXXXX XXXXXX XXX XXXXX, 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
12/27/2022 - R Initial UCC1
(2022122100008004)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/27/2022 - R
11/08/2022 - D
Assignment of Leases and Rents
(2022122100008003)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/27/2022 - R
11/08/2022 - D
Agreement
(2022122100008002)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/27/2022 - R
11/08/2022 - D
Mortgage
(2022122100008001)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/19/2017 - R Initial UCC1
(2017120600433004)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/18/2017 - R
12/11/2017 - D
Satisfaction of Mortgage
(2017121401314001)
XXXXX XXXX XXXXX XXXXXXX XXXXXXXXXXX
12/19/2017 - R
12/04/2017 - D
Assignment of Leases and Rents
(2017120600433003)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/19/2017 - R
12/04/2017 - D
Mortgage
(2017120600433002)
XXXXX XXXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/19/2017 - R
12/04/2017 - D
Deed
(2017120600433001)
XXXXX XXXX XXXXX XXXXXX XXX
12/11/2017 - R
02/26/2013 - D
Satisfaction of Mortgage
(2017120600532001)
XXXXX XXXX XXXXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 157 Central 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
$7,305
Municipal exemptions
Recent tax assessments
Market value
$1,200,000
Assessed value
$540,000

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 $1,000,000 $450,000 $58,728 12.439% $7,305 $7,305 +2.81%
2024/25 $1,250,400 $562,680 $56,846 12.5% $7,106 $7,106 +7.97%
2023/24 $1,042,000 $468,900 $52,641 12.502% $6,581 $6,581 +10.04%
2022/23 $868,000 $390,600 $48,753 12.267% $5,981 $5,981 +8.21%
2021/22 $799,000 $359,550 $45,175 12.235% $5,527 $5,527 -0.26%
2020/21 $847,000 $381,150 $45,175 12.267% $5,542 $5,542 +1.60%
2019/20 $705,600 $317,520 $43,728 12.473% $5,454 $5,454 +6.80%
2018/19 $588,000 $264,600 $40,493 12.612% $5,107 $5,107 +7.07%
2017/18 $540,000 $243,000 $37,502 12.719% $4,770 $4,770 +6.47%
2016/17 $476,000 $214,200 $34,750 12.892% $4,480 $4,480 +0.07%

Permit information for 157 Central Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
01/01/2009 Ll6291-local law 62/91 - boilers

*Most recent DOB violations 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
-

Subway & traffic

Closest station
Myrtle Ave & Cedar St at NW Corner
Station lines
M
Distance (miles)
0.091

Access the detailed traffic volume map for 157 Central Avenue, Brooklyn, NY 11221 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 157 Central Avenue, Brooklyn, NY 11221?

The development at 157 Central Avenue, Brooklyn, NY 11221 was built in 1931.

What is the market value of 157 Central Avenue, Brooklyn, NY 11221?

The current market value of 157 Central Avenue, Brooklyn, NY 11221 is $1,200,000.

What is the total square footage of 157 Central Avenue, Brooklyn, NY 11221?

157 Central Avenue, Brooklyn, NY 11221 has a total of 4,125 square feet.

What is the price per square foot for this property?

$303 per square foot is the price for 157 Central Avenue, Brooklyn, NY 11221.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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