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1248 Myrtle Avenue, Brooklyn, NY 11221 Property Information

1248 Myrtle Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1248 Myrtle Avenue, Brooklyn, NY 11221 1
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Address

Primary address 1248 Myrtle Avenue
Secondary address 1248-1250 Myrtle Ave
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03227-0022

Sales & Tax Overview for 1248 Myrtle Avenue, Brooklyn

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

Purchase date 01/03/2008
Purchase price $500,000
Tax class
Estimated property tax $15,230

Lot & Building Information for 1248 Myrtle Avenue, Brooklyn

Lot sq. ft. 2,850
Lot dimensions 29 ft x 71.92 ft
Property type One Story Retail Building (K1)
Building sqft 2,850
Building dimensions 58.04 ft x 71.92 ft
Buildings on lot 1
Stories 1
Year built 1999
Construction type
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Zoning & Use for 1248 Myrtle Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.46 Miles
Closest fire station 0.06 Miles

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

Other Property Data for 1248 Myrtle Avenue, 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 1248 Myrtle Avenue, Brooklyn, NY 11221, 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 1248 Myrtle Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1248-1250 Myrtle Ave, Brooklyn, NY 11221

About 1248 Myrtle Avenue, Brooklyn

How many sq. ft. does 1248 Myrtle Avenue, Brooklyn, NY 11221 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1248 Myrtle Avenue, Brooklyn, NY 11221 has a total of 2,850 square feet and a current price per square foot of $175.

What is the year built & the current market value of 1248 Myrtle Avenue, Brooklyn, NY 11221?

1248 Myrtle Avenue, Brooklyn, NY 11221 was built in 1999 and has a current tax assessor's market value of $317,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1248 Myrtle Avenue, Brooklyn

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Property owner name for 1248 Myrtle Avenue, Brooklyn, NY 11221
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Building contacts for 1248 Myrtle Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Past Sales & Property History for 1248 Myrtle Avenue, Brooklyn

Create a free account to view the complete sales history for 1248 Myrtle Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/03/2008 $500,000

Title Documents for 1248 Myrtle Avenue, 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
11/04/2022 - D
11/09/2022 - R
Termination of Assign of L&R
(2022110701032001)
11/02/2022 - R UCC3 Termination
(2022110101020001)
11/01/2022 - D
11/14/2022 - R
Satisfaction of Mortgage
(2022111000555001)
07/15/2022 - R UCC3 Continuation
(2022071500090001)
01/10/2018 - R Initial UCC1
(2018010900059003)
01/05/2018 - D
01/10/2018 - R
Mortgage
(2018010900059001)
01/05/2017 - D
01/10/2018 - R
Agreement
(2018010900059002)
04/15/2014 - D
05/05/2014 - R
Termination of Assign of L&R
(2013100700542001)
03/28/2013 - D
04/29/2013 - R
Satisfaction of Mortgage
(2013040101005001)
01/22/2013 - D
02/22/2013 - R
Agreement
(2013020400667001)
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R: Recorded date
D: Document date

Property Taxes for 1248 Myrtle Avenue, Brooklyn

Access detailed property tax data for 1248 Myrtle Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $14,752
Estimated property tax: $15,230
Tax assessor's market value: $317,000
Assessed value: $142,650

Assessment History for 1248 Myrtle Avenue, Brooklyn

Here's the assessment & property tax history for 1248 Myrtle Avenue, 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 $317,000 $142,650 $135,990 10.848% $14,752 $14,752 +15.47%
2024/25 $286,000 $128,700 $118,710 10.762% $13,851 $12,776 +3.65%
2023/24 $303,000 $136,350 $116,370 10.592% $14,442 $12,326 -2.32%
2022/23 $331,000 $148,950 $118,530 10.646% $15,809 $12,619 +40.79%
2021/22 $274,000 $123,300 $83,340 10.755% $13,261 $8,963 -16.10%

Permits for 1248 Myrtle Avenue, Brooklyn

The complete history of permits filed for 1248 Myrtle Avenue, 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
12/31/2003 New building
02/11/2000 Alteration type 2
12/23/1999 New building
12/14/1999 Alteration type 2
12/09/1999 Alteration type 2
07/13/1999 Alteration type 3
07/13/1999 New building
02/24/1999 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): X (See more on map)

Transportation

Distance to Subway
Closest station Myrtle Ave & Cedar St at SW Corner
Station lines M
Distance (miles) 0.053
View subway map
Bus Routes
Name Myrtle Av/Hart St
Line B54
Distance (miles) 0.009

Neighbors for 1248 Myrtle Avenue, Brooklyn

Here are the neighbors for 1248 Myrtle Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
209 Evergreen Ave, Brooklyn 2,482 09/28/2006 $310,000
71 Cedar St, Brooklyn 09/19/2019
207 Evergreen Ave, Brooklyn 2,400 01/22/2018 $1,400,000
1264 Myrtle Ave, Brooklyn 3,094 03/12/2013 $350,000
600 Hart St, Brooklyn 22,000 12/22/1995
608 Hart St, Brooklyn 2,940 12/13/2010 $565,129
1254 Myrtle Ave, Brooklyn 2,952 04/29/1987
612 Hart St, Brooklyn 2,940 04/06/2017 $350,000
1258 Myrtle Ave, Brooklyn 5,308 10/22/1987
610 Hart St, Brooklyn 2,940 12/07/2010 $565,129
584 Hart St, Brooklyn 06/14/1979
9 Cedar St, Brooklyn 3,152 08/15/2012 $510,000
13 Cedar St, Brooklyn 04/06/2017
1252 Myrtle Ave, Brooklyn 3,828 02/15/2017 $1,850,000
1260 Myrtle Ave, Brooklyn 4,500 09/08/2025 $1,550,500
1262 Myrtle Ave, Brooklyn 2,550 09/25/2024
1268 Myrtle Ave, Brooklyn 2,640 07/08/2014 $800,000
1256 Myrtle Ave, Brooklyn 09/20/1999
69 Cedar St, Brooklyn 4,125 02/12/2015 $1,250,000
586 Hart St, Brooklyn 5,479 07/31/2012 $100,000
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