New York City  »  11209  »  4th Ave  »  8723 4th Ave

8723 4th Avenue, Brooklyn, NY 11209 - Property report

Also known as: 8723 4th Ave

Property image for 8723 4th Avenue, Brooklyn, NY 11209
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1926

Lot sq. ft.

1,600

Sale price

$1,845,000

General information

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Address
Primary address
8723 4th Avenue
ZIP code
11209
Neighborhood
Bay Ridge
Borough
Brooklyn
Block & lot
06050-0003

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,685
Building dimensions
19.58 ft x 76.51 ft
Buildings on lot
1
Stories
3
Year built
1926
Last altered
2022
Building material
Sales
Sale date
10/08/2021
Sale price
$1,845,000
Tax
Tax year
2026-2027
Property tax
$13,115
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.58 ft x 73.83 ft
Lot sq. ft.
1,600

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
1.24 Miles
Closest fire station
0.27 Miles

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

Ownership information for 8723 4th Avenue, Brooklyn, NY

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

Sales history for 8723 4th Avenue, Brooklyn, NY 11209

Sale date Sale price Buyer name Seller name
10/08/2021 $1,845,000 XXXX XXX XXX XXX XXXX XXX XXX XXXXXX XXXX.
08/26/2010 $920,000 XXXX XXX XXX XXXXXX XXX X XXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/23/2022 - R
12/28/2021 - D
Zoning Lot Description
(2022021501799001)
XXXX XXX XXX XXX
10/18/2021 - R
10/08/2021 - D
Deed
(2021101201074001)
XXXX XXX XXX XXXXXX XXXX XXXX XXX XXX XXX
02/23/2022 - R
02/09/2021 - D
Certificate
(2022021501799002)
XXX XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
10/15/2020 - R
09/17/2020 - D
Release
(2020092700043002)
XXXX XXX XXXXXX XXXXXX XXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
10/15/2020 - R
09/17/2020 - D
Satisfaction of Mortgage
(2020092700043001)
XXXX XXX XXXXXX XXXXXX XXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
09/17/2020 - R UCC3 Termination
(2020091700084001)
XXXX XXX XXX XXXXXX XXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
04/30/2020 - R UCC3 Continuation
(2020043000211001)
XXXX XXX XXX XXXXXX XXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
05/15/2015 - R UCC3 Continuation
(2015051500891001)
XXXX XXX XXX XXXXXX XXXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
09/16/2010 - R
09/02/2010 - D
Termination of Assign of L&R
(2010091500378002)
XXXXX XX XXXX XXXXXXX XXXX
09/16/2010 - R
09/02/2010 - D
Satisfaction of Mortgage
(2010091500378001)
XXXXXX XXXXX XXXXX XX XXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 8723 4th 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
$13,115
Municipal exemptions
Recent tax assessments
Market value
$1,940,000
Assessed value
$116,400

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 $1,475,000 $88,500 $63,997 19.843% $12,699 $12,699 +117.05%
2024/25 $518,000 $31,080 $29,129 20.085% $5,851 $5,851 +6.00%
2023/24 $458,000 $27,480 $27,480 20.085% $5,519 $5,519 -72.02%
2022/23 $476,000 $214,200 $185,310 10.646% $19,728 $19,728 +20.96%
2021/22 $337,000 $151,650 $151,650 10.755% $16,310 $16,310 -15.90%
2020/21 $448,000 $201,600 $181,340 10.694% $19,392 $19,392 +6.12%
2019/20 $399,000 $179,550 $173,420 10.537% $18,273 $18,273 +4.96%
2018/19 $399,000 $179,550 $165,590 10.514% $17,410 $17,410 +4.54%
2017/18 $412,000 $185,400 $158,400 10.514% $16,654 $16,654 +7.89%
2016/17 $380,000 $171,000 $145,980 10.574% $15,436 $15,436 +2.00%

Permit information for 8723 4th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/21/2025 Alteration
01/09/2025 Alteration
10/24/2024 Alteration
04/04/2024 Alteration
01/11/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/25/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required
04/25/2023 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
4th Ave & 86th St at SE Corner
Station lines
R
Distance (miles)
0.092

Access the detailed traffic volume map for 8723 4th Avenue, 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

Frequently asked questions

What is the year built for 8723 4th Avenue, Brooklyn, NY 11209?

The development at 8723 4th Avenue, Brooklyn, NY 11209 was built in 1926.

What is the market value of 8723 4th Avenue, Brooklyn, NY 11209?

The current market value of 8723 4th Avenue, Brooklyn, NY 11209 is $1,940,000.

What is the total square footage of 8723 4th Avenue, Brooklyn, NY 11209?

8723 4th Avenue, Brooklyn, NY 11209 has a total of 3,685 square feet.

What is the price per square foot for this property?

$500 per square foot is the price for 8723 4th Avenue, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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