Kings  »  11209  »  87th St  »  416 87th St

416 87th Street, Brooklyn, NY 11209 - Property report

Also known as: 416 87th St

Property image for 416 87th Street, Brooklyn, NY 11209
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Property type

Miscellaneous Garage (G9)

Year built

1989

Lot sq. ft.

45,495

Sale price

$28,000,000

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
416 87th Street
Alternate address(es)
415 88th St
423-435 88th St
426-446 87th St
ZIP code
11209
Neighborhood
Bay Ridge
Borough
Brooklyn
Block & lot
06050-0015

Owner

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Building
Property type
Miscellaneous Garage (G9)
Building sq. ft.
188,975
Building dimensions
260 ft x 225 ft
Buildings on lot
3
Stories
3
Year built
1989
Last altered
1993
Building material
Sales
Sale date
10/16/2025
Sale price
$28,000,000
Tax
Tax year
2026-2027
Property tax
$906,588
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
260 ft x 225 ft
Lot sq. ft.
45,495

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
1.22 Miles
Closest fire station
0.27 Miles

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

Ownership

Ownership information for 416 87th Street, Brooklyn, NY

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

Sales history for 416 87th Street, Brooklyn, NY 11209

Sale date Sale price Buyer name Seller name
10/16/2025 $28,000,000 XXX XXXXXXXX XXXXXX XXX XXXX XX X XXXX XXXXXXXX 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
11/13/2025 - R UCC3 Termination
(2025102000910011)		 XXX XXXX XXXXXX XXXXXXX XXXXXXXX XXXXX XXXXX XXXXXXX XXXX
11/13/2025 - R UCC3 Termination
(2025102000910010)		 XXX XXXX XXXXXX XXXXXXX XXXXXX XXXXXXX XXX
10/21/2025 - R Initial UCC1
(2025102000222001)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX
10/20/2025 - R Initial UCC1
(2025101600959001)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX
11/13/2025 - R
10/16/2025 - D		 Assignment, Mortgage
(2025102000910009)		 XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX XXXX XX XXXX
11/13/2025 - R
10/16/2025 - D		 Assignment of Leases and Rents
(2025102000910008)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX
11/13/2025 - R
10/16/2025 - D		 Mortgage
(2025102000910007)		 XXX XXXXXXXX XXXXXX XXX XXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXX
11/13/2025 - R
10/16/2025 - D		 Agreement
(2025102000910006)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX
11/13/2025 - R
10/16/2025 - D		 Assignment of Leases and Rents
(2025102000910005)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX
11/13/2025 - R
10/16/2025 - D		 Mortgage
(2025102000910004)		 XXX XXXXXXXX XXXXXX XXX XXXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 416 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
$906,588
Municipal exemptions
Recent tax assessments
Market value
$22,188,000
Assessed value
$9,984,600

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 $20,032,000 $9,014,400 $9,014,400 10.848% $977,882 $977,882 -6.34%
2024/25 $21,558,000 $9,701,100 $9,701,100 10.762% $1,044,032 $1,044,032 +930.29%
2023/24 $2,126,000 $956,700 $956,700 10.592% $101,334 $101,334 +9.48%
2022/23 $1,932,000 $869,400 $869,400 10.646% $92,556 $92,556 -25.41%
2021/22 $2,564,000 $1,153,800 $1,153,800 10.755% $124,091 $124,091 -12.15%
2020/21 $3,219,000 $1,448,550 $1,320,930 10.694% $141,260 $141,260 +8.29%
2019/20 $2,751,000 $1,237,950 $1,237,950 10.537% $130,443 $130,443 +3.45%
2018/19 $2,941,000 $1,323,450 $1,199,340 10.514% $126,099 $126,099 +9.01%
2017/18 $3,069,000 $1,381,050 $1,100,162 10.514% $115,671 $115,671 +11.60%
2016/17 $2,697,000 $1,213,650 $980,189 10.574% $103,645 $103,645 +9.97%
Permits

Permit information for 416 87th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/15/2026 Alteration
05/02/2015 Alteration type 3
07/28/2010 Alteration type 2
12/19/2008 Alteration type 3
12/04/2008 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/03/2021 Bench-failure to benchmark none
01/26/2018 Acc1-(other BLDGS types) - elevator affirmation of correction
09/18/2012 E-elevator

*Most recent DOB violations on record 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)
0.079
View subway map

Access the detailed traffic volume map for 416 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 416 87th Street, Brooklyn, NY

8706 5th Ave, Brooklyn 8714 5th Ave, Brooklyn 8701 4th Ave, Brooklyn 452 87th St, Brooklyn 8727 4th Ave, Brooklyn 319 88th St, Brooklyn 8710 5th Ave, Brooklyn 413 88th St, Brooklyn 316 87th St, Brooklyn 313 88th St, Brooklyn 8721 4th Ave, Brooklyn 317 88th St, Brooklyn 458 87th St, Brooklyn 8723 4th Ave, Brooklyn 466 87th St, Brooklyn 8725 4th Ave, Brooklyn 8711 3rd Ave, Brooklyn

Nearby ZIP codes for 416 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 416 87th Street, Brooklyn, NY 11209?

The development at 416 87th Street, Brooklyn, NY 11209 was built in 1989.

What is the market value of 416 87th Street, Brooklyn, NY 11209?

The current market value of 416 87th Street, Brooklyn, NY 11209 is $22,188,000.

What is the total square footage of 416 87th Street, Brooklyn, NY 11209?

416 87th Street, Brooklyn, NY 11209 has a total of 188,975 square feet.

What is the price per square foot for this property?

$148 per square foot is the price for 416 87th Street, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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