New York City  »  11239  »  Erskine St  »  1 Erskine St

Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239 - Property report

Also known as: 1 Erskine St

Property image for Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Year built

2012

Lot sq. ft.

1,247,397

Sale price

$35,000,000

General information

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Address
Building name
Spring Creek Park
Primary address
Spring Creek Park - 1 Erskine Street
ZIP code
11239
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04586-0001

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Year built
2012
Building material
Sales
Sale date
02/13/2013
Sale price
$35,000,000 - M
Tax
Tax year
2026-2027
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
1933.25 ft x 1541.08 ft
Lot sq. ft.
1,247,397

Area overview

Walk score
46 /100.  Car-Dependent
Transit score
59 /100.  Good Transit
Bike score
62 /100.  Bikeable
School district
19
Community district
5
Closest police station
1.06 Miles
Closest fire station
0.69 Miles

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

Ownership information for Spring Creek Park - 1 Erskine Street, Brooklyn, NY

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

Sales history for Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239

Sale date Sale price Buyer name Seller name
02/13/2013 $35,000,000 XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX, XXX XXX XXXX XX XXX 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
01/28/2025 - R UCC3 Termination
(2025012400167001)
XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/12/2024 - R
02/29/2024 - D
Agreement
(2024040200280002)
XXXXXXX XXXXXX XXXXXXXXXX X XXX XXXXXX XXXXXXXXXXX
04/12/2024 - R
02/29/2024 - D
Easement
(2024040200280001)
XXXXXX XXXXXXXXXXX XXXXXXX XXXXXX XXXXXXXXXX X XXX
09/05/2014 - R UCC3 Termination
(2014081500910024)
XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX XXX XXXX XX XXXXXXXX X X
09/05/2014 - R UCC3 Termination
(2014081500910023)
XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX XXX XXXX XX XXXXXXXX X X
09/05/2014 - R
08/14/2014 - D
Satisfaction of Mortgage
(2014081500910022)
XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX XXX XXX XXXX XX XXX XXXX
09/05/2014 - R
08/14/2014 - D
Agreement
(2014081500910011)
XXX XXXX XX XXX XXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/30/2014 - R
05/06/2014 - D
Memorandum of Lease
(2014052901751001)
XXXXXXXX XXXX XXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXX
12/16/2013 - R
11/05/2013 - D
Agreement
(2013120400313002)
XXXX XX XXXXXXX X X XXXXXXX XXXXXX XXXXXXXXXX XXXXX XX XXX
12/16/2013 - R
10/28/2013 - D
Agreement
(2013120400313001)
XXX XXXX XX XXX XXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Spring Creek Park - 1 Erskine Street, 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
Municipal exemptions
Recent tax assessments
Market value
$98,124,000
Assessed value
$44,155,800

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 $103,288,000 $46,479,600 $0 10.848% $4,111,244 $0 n/a
2024/25 $79,452,000 $35,753,400 $0 10.762% $3,847,781 $0 n/a
2023/24 $83,633,826 $37,635,222 $0 10.592% $3,986,323 $0 n/a
2022/23 $90,482,000 $40,716,900 $0 10.646% $4,334,721 $0 n/a
2021/22 $95,244,000 $42,859,800 $0 10.755% $4,609,571 $0 n/a
2020/21 $100,257,000 $45,115,650 $45,115,650 10.694% $4,824,668 $4,824,668 +4.53%
2019/20 $105,527,000 $47,487,150 $43,805,052 10.537% $4,615,738 $4,615,738 +10.94%
2018/19 $87,937,000 $39,571,650 $39,571,650 10.514% $4,160,563 $4,160,563 -4.62%
2017/18 $109,924,000 $49,465,800 $41,489,809 10.514% $4,362,239 $4,362,239 +7.00%
2016/17 $100,000,800 $45,000,360 $38,555,490 10.574% $4,076,858 $4,076,858 +3.74%

Permit information for Spring Creek Park - 1 Erskine Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/02/2004 Alteration type 2
10/27/2003 Alteration type 2
10/27/2003 Alteration type 2
09/17/2003 Alteration type 2
09/17/2003 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
0.2,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1,2,3

Subway & traffic

Closest station
Ashford St & Livonia Ave at SW Corner
Station lines
3
Distance (miles)
1.3

Access the detailed traffic volume map for Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239 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 Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239?

The development at Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239 was built in 2012.

What is the market value of Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239?

The current market value of Spring Creek Park - 1 Erskine Street, Brooklyn, NY 11239 is $98,124,000.

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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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