New York City  »  11204  »  16th Ave  »  4702 16th Ave

4702 16th Avenue, Brooklyn, NY 11204 - Property report

Also known as: 4702 16th Ave

Property image for 4702 16th Avenue, Brooklyn, NY 11204
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Property type

Predominant Retail with Other Uses (K4)

Year built

1931

Lot sq. ft.

1,613

Sale price

$2,200,000

General information

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Address
Primary address
4702 16th Avenue
Alternate address(es)
1578-1584 47th St
ZIP code
11204
Neighborhood
Borough Park
Borough
Brooklyn
Block & lot
05442-0038

Owner

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Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
4,380
Building dimensions
20 ft x 73 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
07/31/2019
Sale price
$2,200,000
Tax
Tax year
2026-2027
Property tax
$26,312
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
20.17 ft x 80 ft
Lot sq. ft.
1,613

Area overview

Walk score
77 /100.  Very Walkable
Transit score
86 /100.  Excellent Transit
Bike score
57 /100.  Bikeable
School district
20
Community district
12
Closest police station
0.56 Miles
Closest fire station
0.55 Miles

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

Ownership information for 4702 16th Avenue, Brooklyn, NY

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

Sales history for 4702 16th Avenue, Brooklyn, NY 11204

Sale date Sale price Buyer name Seller name
07/31/2019 $2,200,000 XXXXXX XXX XXXX XXXX, 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
05/14/2025 - R Initial UCC1
(2025051300017007)
XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
05/14/2025 - R UCC3 Termination
(2025051300017001)
XXXXXX XXX XXXX XXXX XXX
05/14/2025 - R
03/20/2025 - D
Assignment of Leases and Rents
(2025051300017006)
XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
05/14/2025 - R
03/20/2025 - D
Agreement
(2025051300017005)
XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
05/14/2025 - R
03/20/2025 - D
Mortgage
(2025051300017004)
XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
05/14/2025 - R
03/12/2025 - D
Assignment, Mortgage
(2025051300017003)
XXXX XXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXXX
05/14/2025 - R
03/12/2025 - D
Termination of Assign of L&R
(2025051300017002)
XXXX XXXX XXX XXXXXX XXX
09/03/2019 - R Initial UCC1
(2019081500020004)
XXXXXX XXX XXXX XXXX XXX
09/03/2019 - R
07/31/2019 - D
Assignment of Leases and Rents
(2019081500020003)
XXXXXX XXX XXXX XXXX XXX
09/03/2019 - R
07/31/2019 - D
Mortgage
(2019081500020002)
XXXXXX XXX XXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 4702 16th 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
$26,312
Municipal exemptions
Recent tax assessments
Market value
$539,000
Assessed value
$242,550

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 $479,000 $215,550 $215,550 10.848% $23,383 $23,383 -16.90%
2024/25 $581,000 $261,450 $261,450 10.762% $28,137 $28,137 +3.38%
2023/24 $571,000 $256,950 $256,950 10.592% $27,216 $27,216 -4.84%
2022/23 $597,000 $268,650 $268,650 10.646% $28,600 $28,600 +11.50%
2021/22 $530,000 $238,500 $238,500 10.755% $25,651 $25,651 -23.46%
2020/21 $734,000 $330,300 $313,380 10.694% $33,513 $33,513 +4.80%
2019/20 $721,000 $324,450 $303,480 10.537% $31,978 $31,978 +4.59%
2018/19 $703,000 $316,350 $290,790 10.514% $30,574 $30,574 +3.29%
2017/18 $700,000 $315,000 $281,520 10.514% $29,599 $29,599 +1.54%
2016/17 $624,000 $280,800 $275,670 10.574% $29,149 $29,149 +4.99%

Permit information for 4702 16th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/15/2022 Alteration
04/24/2017 Alteration type 3
04/24/2017 Sign
04/24/2017 Sign
03/27/2007 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
07/09/2025 P-plumbing none
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Ditmas Ave at SW Corner
Station lines
F
Distance (miles)
0.402

Access the detailed traffic volume map for 4702 16th Avenue, Brooklyn, NY 11204 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 4702 16th Avenue, Brooklyn, NY 11204?

The development at 4702 16th Avenue, Brooklyn, NY 11204 was built in 1931.

What is the market value of 4702 16th Avenue, Brooklyn, NY 11204?

The current market value of 4702 16th Avenue, Brooklyn, NY 11204 is $539,000.

What is the total square footage of 4702 16th Avenue, Brooklyn, NY 11204?

4702 16th Avenue, Brooklyn, NY 11204 has a total of 4,380 square feet.

What is the price per square foot for this property?

$502 per square foot is the price for 4702 16th Avenue, Brooklyn, NY 11204.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

Disclaimer

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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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