Kings  »  11208  »  Liberty Ave  »  1196 Liberty Ave

1196 Liberty Avenue, Brooklyn, NY 11208 - Property report

Also known as: 493 Eldert Ln

Property image for 1196 Liberty Avenue, Brooklyn, NY 11208
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1982

Lot sq. ft.

5,360

General information

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Address
Primary address
1196 Liberty Avenue
Alternate address(es)
1194-1198 Liberty Ave
1196-1198 Liberty Ave
493 Eldert Ln
ZIP code
11208
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04205-0016

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
5,360
Buildings on lot
1
Stories
1
Year built
1982
Building material
Tax
Tax year
2026-2027
Property tax
$43,837
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
53.58 ft x 100 ft
Lot sq. ft.
5,360

Area overview

Walk score
86 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
54 /100.  Bikeable
School district
19
Community district
5
Closest police station
0.99 Miles
Closest fire station
0.41 Miles

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

Ownership information for 1196 Liberty Avenue, Brooklyn, NY

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

Sales history for 1196 Liberty Avenue, Brooklyn, NY 11208

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/20/2026 - R UCC3 Continuation
(2026022000635001)
XX XX XXXXXXX XXXXXX XXX XXXXXXXXX XXXX
06/16/2021 - R UCC3 Termination
(2021061001229006)
XXXXXX XXXXX XXX XXXX XXXXXXXXXX XXXX
06/16/2021 - R Initial UCC1
(2021061001229003)
XX XX XXXXXXX XXXXXX XXX XXXXXXXXX XXXX
06/16/2021 - R
06/10/2021 - D
Assignment of Leases and Rents
(2021061001229002)
XX XX XXXXXXX XXXXXX XXX XXXXXXXXX XXXX
06/16/2021 - R
06/10/2021 - D
Mortgage
(2021061001229001)
XX XX XXXXXXX XXXXXX XXX XXXXXXXXX XXXX
06/16/2021 - R
04/22/2021 - D
Termination of Assign of L&R
(2021061001229005)
XXXXXX XXXXX XXX XXXX XXXXXXXXXX XXXX
06/16/2021 - R
04/22/2021 - D
Satisfaction of Mortgage
(2021061001229004)
XXXXXX XXXXX XXXX XXXX XXX
11/25/2020 - R
11/19/2020 - D
Deed
(2020112200038001)
XXXXXX XXXXX XX XX XXXXXXX XXXXXX XXX
08/26/2016 - R Initial UCC1
(2016082300187007)
XXXXXX XXXXX XXX XXXX XXXXXXXXXX XXXX
08/26/2016 - R UCC3 Termination
(2016082300187006)
XXXXXX XXXXX XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1196 Liberty 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
$43,837
Municipal exemptions
Recent tax assessments
Market value
$1,090,000
Assessed value
$490,500

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 $1,027,000 $462,150 $362,430 10.848% $39,316 $39,316 +5.85%
2024/25 $938,000 $422,100 $345,150 10.762% $37,145 $37,145 +7.37%
2023/24 $730,000 $328,500 $326,610 10.592% $34,595 $34,595 +2.43%
2022/23 $705,000 $317,250 $317,250 10.646% $33,774 $33,774 +11.30%
2021/22 $627,000 $282,150 $282,150 10.755% $30,345 $30,345 -9.09%
2020/21 $835,000 $375,750 $312,120 10.694% $33,378 $33,378 +9.20%
2019/20 $732,000 $329,400 $290,070 10.537% $30,565 $30,565 +4.91%
2018/19 $676,000 $304,200 $277,110 10.514% $29,135 $29,135 +1.61%
2017/18 $639,000 $287,550 $272,708 10.514% $28,673 $28,673 +2.83%
2016/17 $586,000 $263,700 $263,700 10.574% $27,884 $27,884 -1.44%

Permit information for 1196 Liberty Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/31/2019 Alteration
09/13/2019 Alteration type 2
02/21/2019 Alteration
08/31/2018 Alteration
10/31/2017 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/01/2011 Aeuhaz1-fail to certify class 1

*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
Grant Ave & Pitkin Ave at NE Corner
Station lines
A
Distance (miles)
0.143

Access the detailed traffic volume map for 1196 Liberty Avenue, Brooklyn, NY 11208 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 1196 Liberty Avenue, Brooklyn, NY 11208?

The development at 1196 Liberty Avenue, Brooklyn, NY 11208 was built in 1982.

What is the market value of 1196 Liberty Avenue, Brooklyn, NY 11208?

The current market value of 1196 Liberty Avenue, Brooklyn, NY 11208 is $1,090,000.

What is the total square footage of 1196 Liberty Avenue, Brooklyn, NY 11208?

1196 Liberty Avenue, Brooklyn, NY 11208 has a total of 5,360 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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