Kings  »  11207  »  Pennsylvania Ave  »  718 Pennsylvania Ave

718 Pennsylvania Avenue, Brooklyn, NY 11207 - Property report

Also known as: 533 Hegeman Ave

Property image for 718 Pennsylvania Avenue, Brooklyn, NY 11207
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Property type

Five to Six Families (C2)

Year built

1923

Lot sq. ft.

2,250

Sale price

$1,600,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
718 Pennsylvania Avenue
Alternate address(es)
533 Hegeman Ave
718 Granville Payne Ave
ZIP code
11207
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04298-0044

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
5,664
Building dimensions
25 ft x 78 ft
Buildings on lot
1
Stories
3
Year built
1923
Building material
Sales
Sale date
01/26/2017
Sale price
$1,600,000
Tax
Tax year
2026-2027
Property tax
$18,372
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
5
Residential sq. ft.
Lot
Lot dimensions
25 ft x 90 ft
Lot sq. ft.
2,250

Area overview

Walk score
89 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
67 /100.  Bikeable
School district
19
Community district
5
Closest police station
0.92 Miles
Closest fire station
0.39 Miles

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

Ownership

Ownership information for 718 Pennsylvania Avenue, Brooklyn, NY

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

Sales history for 718 Pennsylvania Avenue, Brooklyn, NY 11207

Sale date Sale price Buyer name Seller name
01/26/2017 $1,600,000 XXX XXXXXXXXXXXX XX XXX. XXX XXXXXXXXXXXX, XXX
09/29/2016 $626,000 XXX XXXXXXXXXXXX, XXX XXXXX, XXXXXXXX
07/10/2003 $450,000 XXXXX, XX XX XX% XXXXXXXX, XXXX X XXX XX XX XXXXXXXXX X% XXXXXXXX, XXXXX XXXXX XXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/22/2026 - R UCC3 Continuation
(2026052100832001)		 XXX XXXXXXXXXXXX XX XXX XXXXXX XXXX
06/24/2021 - R Initial UCC1
(2021062100946004)		 XXX XXXXXXXXXXXX XX XXX XXXXXX XXXX
06/24/2021 - R UCC3 Termination
(2021062100946001)		 XXX XXXXXXXXXXXX XX XXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX
06/01/2021 - R UCC3 Termination
(2021052701113001)		 XXX XXXXXXXXXXXX XX XXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX
06/24/2021 - R
05/19/2021 - D		 Mortgage and Consolidation
(2021062100946003)		 XXX XXXXXXXXXXXX XX XXX XXXXXX XXXX
06/24/2021 - R
05/17/2021 - D		 Assignment, Mortgage
(2021062100946002)		 XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XXXXXX XXXX
07/28/2017 - R UCC3 Assignment
(2017072800425001)		 XXX XXXXXXXXXXXX XX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
10/06/2017 - R
07/12/2017 - D		 Assignment, Mortgage
(2017100501206001)		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX X
02/14/2017 - R Initial UCC1
(2017013100202009)		 XXX XXXXXXXXXXXX XX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
07/28/2017 - R
01/26/2017 - D		 Assignment, Mortgage
(2017072700917001)		 XXXXX XXXXXX XXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 718 Pennsylvania 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
$18,372
Municipal exemptions
Recent tax assessments
Market value
$755,000
Assessed value
$339,750

More about New York City Property Taxes

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 $629,000 $283,050 $136,912 12.439% $17,030 $17,030 +1.66%
2024/25 $588,000 $264,600 $134,013 12.5% $16,752 $16,752 +7.32%
2023/24 $552,000 $248,400 $124,855 12.502% $15,609 $15,609 +9.39%
2022/23 $571,000 $256,950 $116,324 12.267% $14,269 $14,269 +2.65%
2021/22 $528,000 $237,600 $113,615 12.235% $13,901 $13,901 +7.60%
2020/21 $580,000 $261,000 $105,317 12.267% $12,919 $12,919 +0.48%
2019/20 $483,600 $217,620 $103,087 12.473% $12,858 $12,858 +6.15%
2018/19 $403,000 $181,350 $96,042 12.612% $12,113 $12,113 +6.43%
2017/18 $358,000 $161,100 $89,480 12.719% $11,381 $11,381 +1.01%
2016/17 $286,000 $128,700 $87,396 12.892% $11,267 $11,267 +7.95%
Permits

Permit information for 718 Pennsylvania Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/28/2019 Alteration type 2
01/26/2004 Alteration type 3
06/19/2003 Alteration type 1
05/22/2003 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/30/2019 Aeuhaz1-fail to certify class 1
09/19/2019 Aeuhaz1-fail to certify class 1
05/16/2019 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Pennsylvania Ave & Livonia Ave at SW Corner
Station lines
3
Distance (miles)
0.339
View subway map

Access the detailed traffic volume map for 718 Pennsylvania 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

Neighbors for 718 Pennsylvania Avenue, Brooklyn, NY

521 Hegeman Ave, Brooklyn 685 Sheffield Ave, Brooklyn 689 Sheffield Ave, Brooklyn 712 Pennsylvania Ave, Brooklyn 702 Pennsylvania Ave, Brooklyn 700 Pennsylvania Ave, Brooklyn 696 Pennsylvania Ave, Brooklyn 694 Pennsylvania Ave, Brooklyn 690 Pennsylvania Ave, Brooklyn 693 Sheffield Ave, Brooklyn 525 Hegeman Ave, Brooklyn 519 Hegeman Ave, Brooklyn 714 Pennsylvania Ave, Brooklyn 515 Hegeman Ave, Brooklyn 691 Sheffield Ave, Brooklyn 687 Sheffield Ave, Brooklyn 706 Pennsylvania Ave, Brooklyn 688 Pennsylvania Ave, Brooklyn 697 Sheffield Ave, Brooklyn 708 Pennsylvania Ave, Brooklyn

Nearby ZIP codes for 718 Pennsylvania Avenue, Brooklyn, NY

11203, New York City, NY 11206, New York City, NY 11208, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11221, New York City, NY 11225, New York City, NY 11233, New York City, NY 11236, New York City, NY 11237, New York City, NY 11239, New York City, NY 11374, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY 11414, New York City, NY 11416, New York City, NY 11417, New York City, NY 11421, New York City, NY

Frequently asked questions

What is the year built for 718 Pennsylvania Avenue, Brooklyn, NY 11207?

The development at 718 Pennsylvania Avenue, Brooklyn, NY 11207 was built in 1923.

What is the total square footage of 718 Pennsylvania Avenue, Brooklyn, NY 11207?

718 Pennsylvania Avenue, Brooklyn, NY 11207 has a total of 5,664 square feet.

When was 718 Pennsylvania Avenue, Brooklyn, NY 11207 last sold and what was the sale price?

718 Pennsylvania Avenue, Brooklyn, NY 11207 was last sold on 01/26/2017 for $1,600,000.

What is the assessed value of 718 Pennsylvania Avenue, Brooklyn, NY 11207?

718 Pennsylvania Avenue, Brooklyn, NY 11207 is currently assessed at $339,750.

What are the property taxes for 718 Pennsylvania Avenue, Brooklyn, NY 11207?

The property taxes for 718 Pennsylvania Avenue, Brooklyn, NY 11207 total $18,372.

How many residential units does this building have?

This building has 5 residential unit(s).

Disclaimer

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