New York City » 11228 » New Utrecht Ave » 7120 New Utrecht Ave

7120 New Utrecht Avenue, Brooklyn, NY 11228 - Property report

Also known as: 1557-1571 72nd St

Property image for 7120 New Utrecht Avenue, Brooklyn, NY 11228

Property type

Banking Facilities with or without Parking (K7)

Year built

1957

Lot sq. ft.

14,160

Sale price

$14,250,000

General information

Address

Primary address

7120 New Utrecht Avenue

Alternate address(es)

1557-1571 72nd St
7114-7128 New Utrecht Ave

ZIP code

11228

Neighborhood

Bensonhurst

Borough

Brooklyn

Block & lot

06180-0033

Building

Property type

Banking Facilities with or without Parking (K7)

Building sq. ft.

8,960

Building dimensions

64 ft x 70 ft

Buildings on lot

Stories

Year built

1957

Building material

Sales

Sale date

06/30/2025

Sale price

$14,250,000 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

133.58 ft x 137.5 ft

Lot sq. ft.

14,160

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

82 /100. Excellent Transit

Bike score

57 /100. Bikeable

School district

Community district

Closest police station

0.63 Miles

Closest fire station

0.63 Miles

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

Ownership

Ownership information for 7120 New Utrecht Avenue, 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 7120 New Utrecht Avenue, Brooklyn, NY 11228

Sale date	Sale price	Buyer name	Seller name
06/30/2025	$14,250,000	XXX XXXX XXXX XXXXXX XXXXXXXXXXXX XXXXXXXXX	XXXX XXX XXXXXXX XXX
03/25/2021	$3,608,131	XXXX XXX XXXXXXX XXX	XXXXXXX XXX X X.
12/01/2006	$169,465,000	XXXXXXX XXX XXXXXXXXX XXXXXXXXXXX	XXXXX XXXX XXXXXXXXXXXXXX XX X & XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/15/2025 - R	UCC3 Termination (2025071000403002)	XXXX XXX XXXXXX XXX	XXXX XXXX
07/15/2025 - R 07/07/2025 - D	Satisfaction of Mortgage (2025071000403001)	XXXX XXX XXXXXX XXX	XXXX XXXX
07/21/2025 - R 06/30/2025 - D	Deed (2025071500265002)	XXXX XXX XXXXXXX XXX	XXX XXXX XXXX XXXXXX XXXXXXXXXXXX XXXXXXXXX
05/19/2025 - R 05/09/2025 - D	Court Order (2025051900623001)	XXXX XXX XXXXXXX XXX	XXXX XXXX
10/27/2021 - R	Initial UCC1 (2021102200603002)	XXXX XXX XXXXXXX XXX	XXXX XXXX
10/27/2021 - R 10/20/2021 - D	Mortgage (2021102200603001)	XXXX XXX XXXXXXX XXX	XXXX XXXX
04/08/2021 - R 03/25/2021 - D	Deed (2021040600473001)	XXXXXXX XXX X X	XXXX XXX XXXXXXX XXX
05/12/2009 - R 12/01/2006 - D	NYC Real Property Transfer Tax (2009050800556001)	XXXXX XXXX XXXXXXXXXXXXXX XXX XXXX	XXXXXXX XXX XXXXXXXXX XXXXXXXXXXX
01/26/2005 - R 10/01/2004 - D	NYC Real Property Transfer Tax (2004112600151001)	XXXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXXX	XXXXX XXXX XXXXXXXXXXXXXX
04/25/1990 - R	Satisfaction of Mortgage (3890001534289)	XXXXX XXXXXXX	XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7120 New Utrecht 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

Municipal exemptions

Recent tax assessments

Market value

$2,510,000

Assessed value

$1,129,500

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	$2,489,000	$1,120,050	$1,082,250	10.848%	$117,402	$117,402	+3.58%
2024/25	$2,439,000	$1,097,550	$1,053,240	10.762%	$113,350	$113,350	+4.94%
2023/24	$2,528,000	$1,137,600	$1,019,730	10.592%	$108,010	$108,010	+4.00%
2022/23	$2,418,000	$1,088,100	$975,540	10.646%	$103,856	$103,856	+3.74%
2021/22	$2,151,000	$967,950	$930,810	10.755%	$100,109	$100,109	+4.32%
2020/21	$2,235,000	$1,005,750	$897,360	10.694%	$95,964	$95,964	+6.27%
2019/20	$2,252,000	$1,013,400	$856,980	10.537%	$90,300	$90,300	+9.41%
2018/19	$2,037,000	$916,650	$784,980	10.514%	$82,533	$82,533	+5.84%
2017/18	$1,921,000	$864,450	$741,650	10.514%	$77,977	$77,977	+3.27%
2016/17	$1,711,000	$769,950	$714,110	10.574%	$75,510	$75,510	+0.02%

Permits

Permit information for 7120 New Utrecht Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/16/2026	Alteration
06/03/2026	Alteration
05/05/2026	Alteration
10/12/2023	Alteration CO
09/05/2023	Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	06/30/2023	Lblvio-low pressure boiler boiler required
	06/20/2023	Lblvio-low pressure boiler boiler required
	06/20/2023	Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

New Utrecht Ave & 71st St at SW Corner

Station lines

Distance (miles)

0.022

View subway map

Access the detailed traffic volume map for 7120 New Utrecht Avenue, Brooklyn, NY 11228 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

Nearby ZIP codes for 7120 New Utrecht Avenue, Brooklyn, NY

11204, New York City, NY 11209, New York City, NY 11210, 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 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11235, New York City, NY

Frequently asked questions

What is the year built for 7120 New Utrecht Avenue, Brooklyn, NY 11228?

The development at 7120 New Utrecht Avenue, Brooklyn, NY 11228 was built in 1957.

What is the market value of 7120 New Utrecht Avenue, Brooklyn, NY 11228?

The current market value of 7120 New Utrecht Avenue, Brooklyn, NY 11228 is $2,510,000.

What is the total square footage of 7120 New Utrecht Avenue, Brooklyn, NY 11228?

7120 New Utrecht Avenue, Brooklyn, NY 11228 has a total of 8,960 square feet.

What is the price per square foot for this property?

$1,590 per square foot is the price for 7120 New Utrecht Avenue, Brooklyn, NY 11228.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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.