New York City  »  11225  »  Flatbush Ave  »  701 Flatbush Ave

701 Flatbush Avenue, Brooklyn, NY 11225 - Property report

Also known as: 701 Flatbush Ave

Property image for 701 Flatbush Avenue, Brooklyn, NY 11225
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1925

Lot sq. ft.

2,008

Sale price

$760,000

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
701 Flatbush Avenue
ZIP code
11225
Neighborhood
Prospect - Lefferts Gardens
Borough
Brooklyn
Block & lot
05048-0006

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
3,300
Building dimensions
20.08 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
01/28/2005
Sale price
$760,000
Tax
Tax year
2026-2027
Property tax
$19,513
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20.08 ft x 101.17 ft
Lot sq. ft.
2,008

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.82 Miles
Closest fire station
0.43 Miles

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

Ownership

Ownership information for 701 Flatbush 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 701 Flatbush Avenue, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
01/28/2005 $760,000 X & XXXXX XXXXXX XXX. XXXX XXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/20/2024 - R UCC3 Continuation
(2024082000152001)		 X XXXXX XXXXXX XXX XXXXXXXX XXXX
01/08/2020 - R Initial UCC1
(2019122600839004)		 X XXXXX XXXXXX XXX XXXXXXXX XXXX
01/08/2020 - R
12/23/2019 - D		 Assignment of Leases and Rents
(2019122600839003)		 X XXXXX XXXXXX XXX XXXXXXXX XXXX
01/08/2020 - R
12/23/2019 - D		 Agreement
(2019122600839002)		 X XXXXX XXXXXX XXX XXXXXXXX XXXX
01/08/2020 - R
12/23/2019 - D		 Mortgage
(2019122600839001)		 X XXXXX XXXXXX XXX XXXXXXXX XXXX
04/25/2005 - R UCC3 Termination
(2005031800548004)		 XXXX XXX XXXXXXX XXX XXX XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXXX
04/25/2005 - R
02/09/2005 - D		 Satisfaction of Mortgage
(2005031800548001)		 XXXX XXX XXXXXXX XXX
02/04/2005 - R Initial UCC1
(2005020100776004)		 X XXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
02/04/2005 - R
01/28/2005 - D		 Assignment of Leases and Rents
(2005020100776003)		 XXXXXXXX XXXXXXX XXXX XXX X XXXXX XXXXXX XXX
02/04/2005 - R
01/28/2005 - D		 Mortgage
(2005020100776002)		 X XXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 701 Flatbush 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
$19,513
Municipal exemptions
Recent tax assessments
Market value
$989,000
Assessed value
$445,050

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 $824,000 $370,800 $156,870 12.439% $19,513 $19,513 +2.70%
2024/25 $741,000 $333,450 $152,000 12.5% $19,000 $19,000 +7.98%
2023/24 $687,000 $309,150 $140,746 12.502% $17,596 $17,596 +10.07%
2022/23 $695,000 $312,750 $130,321 12.267% $15,986 $15,986 +8.28%
2021/22 $700,400 $315,180 $120,669 12.235% $14,764 $14,764 -0.26%
2020/21 $680,000 $306,000 $120,669 12.267% $14,802 $14,802 +1.50%
2019/20 $566,400 $254,880 $116,923 12.473% $14,584 $14,584 +6.81%
2018/19 $472,000 $212,400 $108,266 12.612% $13,655 $13,655 +7.09%
2017/18 $448,000 $201,600 $100,247 12.719% $12,750 $12,750 +6.55%
2016/17 $377,000 $169,650 $92,822 12.892% $11,967 $11,967 +0.07%
Permits

Permit information for 701 Flatbush Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/28/2024 Alteration
12/21/2018 Alteration type 2
01/10/2017 Alteration type 2
01/06/2017 Alteration type 2
08/16/2016 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
-

Subway & traffic

Closest station
Ocean Ave & Parkside Ave at NE Corner
Station lines
B-Q
Distance (miles)
0.115
View subway map

Access the detailed traffic volume map for 701 Flatbush Avenue, Brooklyn, NY 11225 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 701 Flatbush Avenue, Brooklyn, NY

10 Winthrop St, Brooklyn 18 Winthrop St, Brooklyn 24 Winthrop St, Brooklyn 12 Winthrop St, Brooklyn 14 Winthrop St, Brooklyn 227 Winthrop St, Brooklyn 22 Winthrop St, Brooklyn 703 Flatbush Ave, Brooklyn 711 Flatbush Ave, Brooklyn 709 Flatbush Ave, Brooklyn 713 Flatbush Ave, Brooklyn 231 Winthrop St, Brooklyn 693 Flatbush Ave, Brooklyn 233 Winthrop St, Brooklyn 699 Flatbush Ave, Brooklyn 16 Winthrop St, Brooklyn 20 Winthrop St, Brooklyn 705 Flatbush Ave, Brooklyn 1218 Nostrand Ave, Brooklyn 229 Winthrop St, Brooklyn

Nearby ZIP codes for 701 Flatbush Avenue, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 701 Flatbush Avenue, Brooklyn, NY 11225?

The development at 701 Flatbush Avenue, Brooklyn, NY 11225 was built in 1925.

What is the market value of 701 Flatbush Avenue, Brooklyn, NY 11225?

The current market value of 701 Flatbush Avenue, Brooklyn, NY 11225 is $989,000.

What is the total square footage of 701 Flatbush Avenue, Brooklyn, NY 11225?

701 Flatbush Avenue, Brooklyn, NY 11225 has a total of 3,300 square feet.

What is the price per square foot for this property?

$230 per square foot is the price for 701 Flatbush Avenue, Brooklyn, NY 11225.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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