Kings  »  11209  »  87th St  »  423 87th St

423 87th Street, Brooklyn, NY 11209 - Property report

Also known as: 436 86th St

Property image for 423 87th Street, Brooklyn, NY 11209
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1922

Lot sq. ft.

15,726

Sale price

$13,285,714

General information

Unlock this property report with a free account

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
423 87th Street
Alternate address(es)
411 87th St
413-429 87th St
436 86th St
ZIP code
11209
Neighborhood
Bay Ridge
Borough
Brooklyn
Block & lot
06045-0058

Owner

Find out who owns 423 87th Street, Brooklyn, NY 11209. Uncover corporate and individual owners with a free account.

Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
17,300
Building dimensions
116 ft x 100 ft
Buildings on lot
3
Stories
2
Year built
1922
Last altered
2001
Building material
Sales
Sale date
07/31/2025
Sale price
$13,285,714 - M
Tax
Tax year
2026-2027
Property tax
$452,478
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
116 ft x 100 ft
Lot sq. ft.
15,726

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
89 /100.  Excellent Transit
Bike score
70 /100.  Very Bikeable
School district
20
Community district
10
Closest police station
1.19 Miles
Closest fire station
0.30 Miles

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

Ownership

Ownership information for 423 87th Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 423 87th Street, Brooklyn, NY 11209

Sale date Sale price Buyer name Seller name
07/31/2025 $13,285,714 XXX-XX XXX XXXXXXXX XXXXX XXX XX XXXX XXX
09/19/2008 $15,500,000 XX XXXX XXX XXXXXXXX XXXXXX, XXX
10/21/2004 $8,500,000 XXXXXXXX XXXXXX, XXX XXXXXXXX XXXXXXXXXX, X.X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/22/2025 - R
07/31/2025 - D		 Agreement
(2025081900080017)		 XXXXX XXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXX XXX
08/22/2025 - R
07/31/2025 - D		 Termination of Assign of L&R
(2025081900080016)		 XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX XX XXXX XXX
08/22/2025 - R
07/31/2025 - D		 Assignment, Mortgage
(2025081900080015)		 XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX XXX XXXX XXXXXX XXX
08/13/2025 - R
07/31/2025 - D		 Deed
(2025080700462010)		 XX XXXX XXX XXXXX XXX XXXXXXXX XXXXX XXX
07/03/2023 - R
06/01/2023 - D		 Agreement
(2023061400866001)		 XXXX XXXX XXX X X XX XXXX XXX
04/10/2023 - R UCC3 Continuation
(2023040700357001)		 XX XXXX XXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2021 - R
10/20/2021 - D		 Certificate
(2021102001457003)		 XXXXXXXXX XXXXXXXX XXX
10/27/2021 - R
10/20/2021 - D		 Certificate
(2021102001457001)		 XXXXXXXXX XXXXXXXX XXX
10/27/2021 - R
10/18/2021 - D		 Zoning Lot Description
(2021102001457004)		 XX XXXX XXX
10/27/2021 - R
10/18/2021 - D		 Zoning Lot Description
(2021102001457002)		 XX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 423 87th 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
Property tax
$452,478
Municipal exemptions
Recent tax assessments
Market value
$11,554,000
Assessed value
$5,199,300

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 $10,620,000 $4,779,000 $3,648,859 10.848% $395,828 $395,828 +3.85%
2024/25 $10,263,000 $4,618,350 $3,541,668 10.762% $381,154 $381,154 +93.67%
2023/24 $5,646,000 $2,540,700 $1,858,058 10.592% $196,806 $196,806 -9.49%
2022/23 $6,250,024 $2,812,511 $2,042,451 10.646% $217,439 $217,439 -10.82%
2021/22 $5,038,000 $2,267,100 $2,267,100 10.755% $243,827 $243,827 -20.49%
2020/21 $6,672,000 $3,002,400 $2,867,580 10.694% $306,659 $306,659 +1.72%
2019/20 $6,983,000 $3,142,350 $2,861,010 10.537% $301,465 $301,465 +14.23%
2018/19 $6,128,000 $2,757,600 $2,510,190 10.514% $263,921 $263,921 +14.72%
2017/18 $5,717,000 $2,572,650 $2,188,170 10.514% $230,064 $230,064 +14.74%
2016/17 $6,362,000 $2,862,900 $1,896,300 10.574% $200,515 $200,515 +20.13%
Permits

Permit information for 423 87th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/24/2026 Alt-CO - new building with existing elements to remain
03/24/2026 Alt-CO - new building with existing elements to remain
03/24/2026 Alt-CO - new building with existing elements to remain
11/17/2025 Alteration
08/28/2025 Alteration

*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
4th Ave & 86th St at SE Corner
Station lines
R
Distance (miles)
0.059
View subway map

Access the detailed traffic volume map for 423 87th Street, Brooklyn, NY 11209 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 423 87th Street, Brooklyn, NY

44 87th St, Brooklyn 50 87th St, Brooklyn 449 87th St, Brooklyn 8616 5th Ave, Brooklyn 8614 5th Ave, Brooklyn 480 86th St, Brooklyn 54 87th St, Brooklyn 8618 5th Ave, Brooklyn 482 86th St, Brooklyn 32 87th St, Brooklyn 8612 5th Ave, Brooklyn 8721 Narrows Ave, Brooklyn 40 87th St, Brooklyn 42 87th St, Brooklyn 441 87th St, Brooklyn 38 87th St, Brooklyn 58 87th St, Brooklyn 64 87th St, Brooklyn 8624 5th Ave, Brooklyn

Nearby ZIP codes for 423 87th Street, Brooklyn, NY

10004, New York City, NY 10301, New York City, NY 10304, New York City, NY 11201, New York City, NY 11204, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY

Frequently asked questions

What is the year built for 423 87th Street, Brooklyn, NY 11209?

The development at 423 87th Street, Brooklyn, NY 11209 was built in 1922.

What is the market value of 423 87th Street, Brooklyn, NY 11209?

The current market value of 423 87th Street, Brooklyn, NY 11209 is $11,554,000.

What is the total square footage of 423 87th Street, Brooklyn, NY 11209?

423 87th Street, Brooklyn, NY 11209 has a total of 17,300 square feet.

What is the price per square foot for this property?

$767 per square foot is the price for 423 87th Street, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account