New York City  »  11218  »  Chester Ave  »  123 Chester Ave

123 Chester Avenue, Brooklyn, NY 11218 - Property report

Also known as: 123 Chester Ave

Property image for 123 Chester Avenue, Brooklyn, NY 11218
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Property type

Two Family Brick (B1)

Year built

1920

Lot sq. ft.

2,000

Sale price

$580,000

General information

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Address
Primary address
123 Chester Avenue
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05313-0009

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
1,640
Building dimensions
20 ft x 37 ft
Buildings on lot
1
Stories
2
Year built
1920
Last altered
2007
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
01/18/2007
Sale price
$580,000
Tax
Tax year
2026-2027
Property tax
$8,792
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Chester Avenue (wide)
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
15
Community district
12
Closest police station
0.95 Miles
Closest fire station
0.43 Miles

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

Ownership information for 123 Chester Avenue, Brooklyn, NY

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

Sales history for 123 Chester Avenue, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
01/18/2007 $580,000 XXXXX, XXXXXXX XXX XXXXX XXXXXXXX, XXXXX XXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/16/2026 - R
02/10/2026 - D
Mortgage and Consolidation
(2026031300590001)
XXXXXXXX XXXXX XXXXX XXXXXXXXXXXX XXX
01/19/2023 - R Initial UCC1
(2023011700728001)
XXXXXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
03/09/2016 - R
03/01/2016 - D
Deed
(2016030101510001)
XXXXX XXXXXXX XXXXXXXX XXXXX XXXXX
10/07/2015 - R
01/01/2015 - D
Mortgage and Consolidation
(2015100600453001)
XXXXX XXXXXXX XXXXXXXXXXXX XXX
01/22/2010 - R
12/28/2009 - D
Satisfaction of Mortgage
(2009122800881001)
XXXXX XXXXXXX XXXXXXXX X X
08/20/2008 - R
06/18/2008 - D
Mortgage
(2008073101331001)
XXXXX XXXXXXX XXXXXXXX X X
05/01/2008 - R
04/21/2008 - D
Satisfaction of Mortgage
(2008042500824001)
XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
08/01/2007 - R
06/18/2007 - D
Agreement
(2007072501644004)
XXXXX XXXXXXX XXXXXXXXXXXX XXX
08/01/2007 - R
06/08/2007 - D
Assignment, Mortgage
(2007072501644002)
XX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXXXXXXXXXXX XXX
08/01/2007 - R
06/08/2007 - D
Assignment, Mortgage
(2007072501644001)
XXXX XX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 123 Chester 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
$8,792
Municipal exemptions
Recent tax assessments
Market value
$1,134,000
Assessed value
$68,040

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 $1,282,000 $76,920 $44,308 19.843% $8,792 $8,792 +1.79%
2024/25 $1,259,000 $75,540 $43,006 20.085% $8,638 $8,638 +5.54%
2023/24 $1,113,000 $66,780 $40,747 20.085% $8,184 $8,184 +3.70%
2022/23 $911,000 $54,660 $38,858 20.309% $7,892 $7,892 +7.06%
2021/22 $999,000 $59,940 $36,923 19.963% $7,371 $7,371 -5.14%
2020/21 $1,211,000 $72,660 $36,923 21.045% $7,770 $7,770 +2.43%
2019/20 $1,001,000 $60,060 $35,838 21.167% $7,586 $7,586 +6.79%
2018/19 $1,158,000 $69,480 $33,956 20.919% $7,103 $7,103 +7.61%
2017/18 $779,000 $46,740 $32,382 20.385% $6,601 $6,601 +7.32%
2016/17 $827,000 $49,620 $30,769 19.991% $6,151 $6,151 +2.23%

Permit information for 123 Chester Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/19/2007 Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% 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
-

Subway & traffic

Closest station
McDonald Ave & Church Ave at NW Corner
Station lines
F
Distance (miles)
0.166

Access the detailed traffic volume map for 123 Chester Avenue, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.24
P.S. 230 Doris L Cohen 7 Yes Public PK, K-5 969 0.24
Bais Shifra NR No Private PK-5 298 0.16
Bais Shifra NR No Private PK-5 298 0.16
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.16
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.16
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.16
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.53
Yeshiva Beis Meir (Boys) NR No Private 8-12 176 0.15
Talmud Torah Ohel Yochanan NR No Private PK-8 837 0.16
Talmud Torah Ohel Yochanan School NR No Private PK-8 791 0.16
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
Bais Yaakov Of Bensonhurst NR No Private PK, K-8 227 0.26
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva Beis Meir (Boys) NR No Private 8-12 176 0.15
Yeshiva Tiferes NR No Private 9-12 0 0.19
Mesivta Nesivos Hatalmud NR No Private 8-12 115 0.19
Congregation Ymh NR No Private 10-12 102 0.24
Bais Tziporah NR No Private K-12 0 0.26
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.43

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 123 Chester Avenue, Brooklyn, NY 11218?

The development at 123 Chester Avenue, Brooklyn, NY 11218 was built in 1920.

What is the total square footage of 123 Chester Avenue, Brooklyn, NY 11218?

123 Chester Avenue, Brooklyn, NY 11218 has a total of 1,640 square feet.

When was 123 Chester Avenue, Brooklyn, NY 11218 last sold and what was the sale price?

123 Chester Avenue, Brooklyn, NY 11218 was last sold on 01/18/2007 for $580,000.

What is the assessed value of 123 Chester Avenue, Brooklyn, NY 11218?

123 Chester Avenue, Brooklyn, NY 11218 is currently assessed at $68,040.

What are the property taxes for 123 Chester Avenue, Brooklyn, NY 11218?

The property taxes for 123 Chester Avenue, Brooklyn, NY 11218 total $8,792.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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