New York City  »  11207  »  New Lots Ave  »  740 New Lots Ave

740 New Lots Avenue, Brooklyn, NY 11207 Property Information

740 New Lots Avenue, Brooklyn, NY 11207 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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740 New Lots Avenue, Brooklyn, NY 11207 1
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Address

Primary address 740 New Lots Avenue
Neighborhood East New York
Zip code 11207
Borough Brooklyn
Block & lot 04312-0002

Sales & Tax Overview for 740 New Lots Avenue, Brooklyn

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Purchase date 01/27/2004
Purchase price $550,000
Tax class
Estimated property tax $4,893

Lot & Building Information for 740 New Lots Avenue, Brooklyn

Lot sqft 1,800
Lot dimensions 20 ft x 90 ft
Building class Primarily One Family with One Store or Office (S1) i
Building sqft 3,156
Building dimensions 20 ft x 55 ft
Buildings on lot 2
Stories 2
Year built 1930
Construction type
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Zoning & Use for 740 New Lots Avenue, Brooklyn

Zoning
Residential units (DOF) 1
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.33 Miles
Closest fire station 0.64 Miles

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

Other Property Data for 740 New Lots 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 740 New Lots Avenue, Brooklyn, NY 11207, 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 740 New Lots Avenue, Brooklyn, NY 11207, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 740 New Lots Avenue, Brooklyn

How many sq. ft. does 740 New Lots Avenue, Brooklyn, NY 11207 have & what is the price per sq. ft?

This Primarily One Family with One Store or Office (S1) located at 740 New Lots Avenue, Brooklyn, NY 11207 has a total of 3,156 square feet and a current price per square foot of $174.

What is the year built & the current market value of 740 New Lots Avenue, Brooklyn, NY 11207?

740 New Lots Avenue, Brooklyn, NY 11207 was built in 1930 and has a current tax assessor's market value of $861,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 740 New Lots Avenue, Brooklyn

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Property owner name for 740 New Lots Avenue, Brooklyn, NY 11207
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Building contacts for 740 New Lots Avenue, Brooklyn, NY 11207
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 740 New Lots Avenue, Brooklyn

Create a free account to view the complete sales history for 740 New Lots Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/27/2004 $550,000

Title Documents for 740 New Lots 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
01/10/2023 - R UCC3 Termination
(2023011000128004)
01/10/2023 - R UCC3 Termination
(2023011000128003)
01/04/2023 - D
01/10/2023 - R
Termination of Assign of L&R
(2023011000128002)
01/04/2023 - D
01/10/2023 - R
Satisfaction of Mortgage
(2023011000128001)
12/19/2022 - R UCC3 Termination
(2022121600796001)
12/19/2022 - R UCC3 Termination
(2022121600759001)
12/13/2018 - R UCC3 Continuation
(2018121300115001)
12/13/2018 - R UCC3 Continuation
(2018121201152001)
12/11/2013 - R UCC3 Continuation
(2013112600433001)
12/11/2013 - R UCC3 Continuation
(2013112600421001)
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R: Recorded date
D: Document date

Property Taxes for 740 New Lots Avenue, Brooklyn

Access detailed property tax data for 740 New Lots Avenue, Brooklyn, NY 11207. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $4,616
Estimated property tax: $4,893
Tax assessor's market value: $861,000
Assessed value: $51,660

Assessment History for 740 New Lots Avenue, Brooklyn

Here's the assessment & property tax history for 740 New Lots 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 $861,000 $51,660 $23,264 19.843% $4,616 $4,616 +2.71%
2024/25 $768,000 $46,080 $22,378 20.085% $4,495 $4,495 +4.86%
2023/24 $811,000 $48,660 $21,341 20.085% $4,286 $4,286 +0.11%
2022/23 $825,000 $49,500 $21,082 20.309% $4,282 $4,282 +4.38%
2021/22 $735,000 $44,100 $20,550 19.963% $4,102 $4,102 +0.54%

Permits for 740 New Lots Avenue, Brooklyn

The complete history of permits filed for 740 New Lots 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
10/20/2020 Alteration
08/27/2019 Alteration
06/16/2009 Alteration type 2
01/28/2009 Alteration type 2
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Ashford St & Livonia Ave at SW Corner
Station lines 3
Distance (miles) 0.025
View subway map
Bus Routes
Name Ashford St/New Lots Av
Line B6
Distance (miles) 0.017

Neighbors for 740 New Lots Avenue, Brooklyn

Here are the neighbors for 740 New Lots Avenue, Brooklyn, NY 11207.

Address Square feet Purchase date Purchase price
738 New Lots Ave, Brooklyn 2,900 01/27/2004 $550,000
721 Warwick St, Brooklyn 2,000 10/25/2007 $530,450
754 New Lots Ave, Brooklyn 2,400 12/04/2014
705 Warwick St, Brooklyn 2,808 05/30/2023
742 New Lots Ave, Brooklyn 2,440 07/13/2023 $740,000
741 Warwick St, Brooklyn 2,000 01/23/2024 $100
727 Warwick St, Brooklyn 2,000 10/13/1994
744 New Lots Ave, Brooklyn 2,244 07/21/2017
752 New Lots Ave, Brooklyn 2,300 09/07/2001
742 Cleveland St, Brooklyn 1,591 02/04/2008 $360,000
746 Cleveland St, Brooklyn 2,306 02/14/2012 $419,500
750 New Lots Ave, Brooklyn 2,180 08/13/2002
715 Warwick St, Brooklyn 2,000 12/27/2019 $675,000
748 New Lots Ave, Brooklyn 2,200 11/22/2024
760 New Lots Ave, Brooklyn 3,200 02/02/2022
758 New Lots Ave, Brooklyn 2,300 12/11/2014 $458,213
725 Warwick St, Brooklyn 2,000 03/19/2013 $120,600
717 Warwick St, Brooklyn 2,000 06/14/2022
723 Warwick St, Brooklyn 2,000 12/22/2017 $790,000
733 Warwick St, Brooklyn 2,000 09/30/2025 $720,000
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