Kings  »  11237  »  Irving Ave  »  562 Irving Ave

562 Irving Avenue, Brooklyn, NY 11237 - Property report

Also known as: 334-342 Covert St

Property image for 562 Irving Avenue, Brooklyn, NY 11237
static Mapbox map

Property type

Factory - Industrial Semi-Fireproof (F4)

Year built

1960

Lot sq. ft.

8,000

Sale price

$670,000

General information

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Address
Primary address
562 Irving Avenue
Alternate address(es)
334-342 Covert St
562-570 Irving Ave
ZIP code
11237
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03425-0029

Owner

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Building
Property type
Factory - Industrial Semi-Fireproof (F4)
Building sq. ft.
10,995
Building dimensions
100 ft x 80 ft
Buildings on lot
1
Stories
2
Year built
1960
Sales
Sale date
11/21/2003
Sale price
$670,000
Tax
Tax year
2026-2027
Property tax
$47,928
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Commercial units
1
Lot
Lot dimensions
100 ft x 80 ft
Lot sq. ft.
8,000

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.71 Miles
Closest fire station
0.35 Miles

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Ownership information for 562 Irving Avenue, Brooklyn, NY

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

Sales history for 562 Irving Avenue, Brooklyn, NY 11237

Sale date Sale price Buyer name Seller name
11/21/2003 $670,000 XXX XXXXXX XXXX. XXXXX XX XXX XXXX 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
09/25/2025 - R Initial UCC1
(2025092400493005)
XXX XXXXXX (XX) XXXX XXXXXXXXX XXXX
09/25/2025 - R
09/18/2025 - D
Termination of Assign of L&R
(2025092400493004)
XXXXXXXXX XXXX XXX XXXXXX (XX) XXXX
09/25/2025 - R
09/18/2025 - D
Assignment of Leases and Rents
(2025092400493003)
XXX XXXXXX (XX) XXXX XXXXXXXXX XXXX
09/25/2025 - R
09/18/2025 - D
Agreement
(2025092400493002)
XXX XXXXXX (XX) XXXX XXXXXXXXX XXXX
09/25/2025 - R
09/18/2025 - D
Mortgage
(2025092400493001)
XXX XXXXXX (XX) XXXX XXXXXXXXX XXXX
07/16/2020 - R UCC3 Continuation
(2020071600231001)
XXX XXXXXX (XX) XXXX XXXXXXXXX XXXX
10/12/2016 - R UCC3 Assignment
(2016100601452001)
XXX XXXXXX (XX) XXXX XXXXXX XXXXXXXXXXXXX XXXX
12/17/2015 - R UCC3 Termination
(2015082401868003)
XXX XXXXXX (XX) XXXX XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
09/02/2015 - R Initial UCC1
(2015090200358001)
XXX XXXXXX XX XXXX XXXXXX XXXXXXXXXXXXX XXXX
12/17/2015 - R
08/13/2015 - D
Termination of Assign of L&R
(2015082401868002)
XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX XXX XXXXXX (XX) XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 562 Irving 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
$47,928
Municipal exemptions
Recent tax assessments
Market value
$1,012,000
Assessed value
$455,400

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 $1,130,000 $508,500 $403,020 10.848% $43,720 $43,720 +10.77%
2024/25 $986,000 $443,700 $366,750 10.762% $39,470 $39,470 +8.67%
2023/24 $924,000 $415,800 $342,900 10.592% $36,320 $36,320 +8.30%
2022/23 $857,000 $385,650 $315,000 10.646% $33,535 $33,535 +19.26%
2021/22 $581,000 $261,450 $261,450 10.755% $28,119 $28,119 -6.60%
2020/21 $727,000 $327,150 $281,520 10.694% $30,106 $30,106 +10.65%
2019/20 $721,000 $324,450 $258,210 10.537% $27,208 $27,208 +10.50%
2018/19 $614,000 $276,300 $234,180 10.514% $24,622 $24,622 +7.08%
2017/18 $592,000 $266,400 $218,700 10.514% $22,994 $22,994 +8.16%
2016/17 $474,000 $213,300 $201,060 10.574% $21,260 $21,260 +2.82%

Permit information for 562 Irving Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/07/2016 Alteration type 2
01/27/2010 Alteration type 1
03/04/1998 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
09/05/2014 C-construction
06/11/2014 C-construction

*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
Covert St & Wycoff Ave at NW Corner
Station lines
L
Distance (miles)
0.139

Access the detailed traffic volume map for 562 Irving Avenue, Brooklyn, NY 11237 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 562 Irving Avenue, Brooklyn, NY 11237?

The development at 562 Irving Avenue, Brooklyn, NY 11237 was built in 1960.

What is the market value of 562 Irving Avenue, Brooklyn, NY 11237?

The current market value of 562 Irving Avenue, Brooklyn, NY 11237 is $1,012,000.

What is the total square footage of 562 Irving Avenue, Brooklyn, NY 11237?

562 Irving Avenue, Brooklyn, NY 11237 has a total of 10,995 square feet.

What is the price per square foot for this property?

$60 per square foot is the price for 562 Irving Avenue, Brooklyn, NY 11237.

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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