New York City  »  11207  »  New Lots Ave  »  421 New Lots Ave

421 New Lots Avenue, Brooklyn, NY 11207 - Property report

Also known as: 421 New Lots Ave

Property image for 421 New Lots Avenue, Brooklyn, NY 11207
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Property type

Primarily One Family with One Store or Office (S1)

Year built

1930

Lot sq. ft.

2,053

Sale price

$700,000

General information

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Address
Primary address
421 New Lots Avenue
ZIP code
11207
Neighborhood
East New York
Borough
Brooklyn
Block & lot
03841-0040

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
2,856
Building dimensions
21 ft x 68 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Sales
Sale date
08/01/2025
Sale price
$700,000
Tax
Tax year
2026-2027
Property tax
$3,742
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
21.08 ft x 97.42 ft
Lot sq. ft.
2,053

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
19
Community district
5
Closest police station
0.79 Miles
Closest fire station
0.23 Miles

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Ownership information for 421 New Lots Avenue, Brooklyn, NY

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

Sales history for 421 New Lots Avenue, Brooklyn, NY 11207

Sale date Sale price Buyer name Seller name
08/01/2025 $700,000 XXX XXX XXXX XXX XXXX-XXXXXX, XXXXXXX XXX XXX XXXXX X XXXX XXXXXXXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/13/2025 - R
08/01/2025 - D
Mortgage
(2025080700424002)
XXX XXX XXXX XXX XXXXX X XXXX XXXXXXXXXXX XXXXX
08/13/2025 - R
08/01/2025 - D
Deed
(2025080700424001)
XXXXXXXXXX XXXXXXX XXX XXX XXXX XXX
05/15/2025 - R
05/08/2025 - D
Deed
(2025051400416002)
XXXX XXXXX XXXXX X XXXX XXXXXXXXXXX XXXXX
03/12/2021 - R
03/09/2021 - D
Certificate
(2021031001311002)
XXXXXX XXX XXXXXX XXXXX XXXXXX XXX
03/12/2021 - R
03/08/2021 - D
Zoning Lot Description
(2021031001311003)
XXXX XXXXX
06/18/1997 - R Tax Lien Sale Certificate
(3880005653488)
XXXX XX XXX XXXX XXXXX XXXXX XXXXX XX XXXXXXXXXX XXXXX XXXXXXX
09/23/1988 - R Deed
(3680001398168)
XXXXX XXXX XXXX XXXX XXXXX
06/24/1987 - R Satisfaction of Mortgage
(3630001276863)
XXXXX XXXXX XXXXXX XXXXXXX
08/02/1983 - R Mortgage
(3120000970812)
XXXXX XXXXX XXXXXX XXXXX
08/02/1983 - R
07/12/1983 - D
Deed
(3110000970811)
XXXXXX XXXXX XXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 421 New Lots 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
$3,742
Municipal exemptions
Recent tax assessments
Market value
$739,000
Assessed value
$44,340

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 $724,000 $43,440 $17,791 19.843% $3,530 $3,530 +2.09%
2024/25 $710,000 $42,600 $17,216 20.085% $3,458 $3,458 +5.99%
2023/24 $761,000 $45,660 $16,243 20.085% $3,262 $3,262 -0.04%
2022/23 $730,000 $43,800 $16,070 20.309% $3,264 $3,264 +4.04%
2021/22 $650,000 $39,000 $15,713 19.963% $3,137 $3,137 +0.54%
2020/21 $577,000 $34,620 $14,826 21.045% $3,120 $3,120 +2.74%
2019/20 $502,000 $30,120 $14,347 21.167% $3,037 $3,037 +7.25%
2018/19 $418,000 $25,080 $13,536 20.919% $2,832 $2,832 +3.72%
2017/18 $390,000 $23,400 $13,392 20.385% $2,730 $2,730 +4.29%
2016/17 $325,000 $19,500 $13,094 19.991% $2,618 $2,618 +8.35%

Permit information for 421 New Lots Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/28/2023 Alteration
11/15/2019 Alteration type 1
03/25/2016 Alteration type 1
10/04/2013 Alteration type 1
03/10/2010 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/02/2008 C-construction

*Most recent DOB violation 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
5

Subway & traffic

Closest station
Pennsylvania Ave & Livonia Ave at SW Corner
Station lines
3
Distance (miles)
0.176

Access the detailed traffic volume map for 421 New Lots Avenue, Brooklyn, NY 11207 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 421 New Lots Avenue, Brooklyn, NY 11207?

The development at 421 New Lots Avenue, Brooklyn, NY 11207 was built in 1930.

What is the market value of 421 New Lots Avenue, Brooklyn, NY 11207?

The current market value of 421 New Lots Avenue, Brooklyn, NY 11207 is $739,000.

What is the total square footage of 421 New Lots Avenue, Brooklyn, NY 11207?

421 New Lots Avenue, Brooklyn, NY 11207 has a total of 2,856 square feet.

What is the price per square foot for this property?

$245 per square foot is the price for 421 New Lots Avenue, Brooklyn, NY 11207.

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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