New York City  »  11230  »  E 3rd St  »  987 E 3rd St

987 East 3rd Street, Brooklyn, NY 11230 - Property report

Also known as: 985-987 E 3rd St

Property image for 987 East 3rd Street, Brooklyn, NY 11230
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Property type

One Story - Permanent Living Quarter (A2)

Year built

1910

Lot sq. ft.

3,920

Sale price

$1,725,000

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
987 East 3rd Street
Alternate address(es)
302 Elmwood Ave
985-987 E 3rd St
987 Seton Pl
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06506-0001

Owner

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Building
Property type
One Story - Permanent Living Quarter (A2)
Building sq. ft.
1,890
Building dimensions
30 ft x 42 ft
Buildings on lot
1
Stories
2
Year built
1910
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Garage type
Built-In Garage
Sales
Sale date
02/16/2024
Sale price
$1,725,000
Tax
Tax year
2026-2027
Property tax
$8,374
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Elmwood Avenue (narrow)
East 3 Street (narrow)
Nearest wide street
Avenue I
Distance to wide street
Lot dimensions
56 ft x 70 ft
Lot sq. ft.
3,920

Area overview

Walk score
61 /100.  Somewhat Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
0.20 Miles
Closest fire station
0.07 Miles

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

Ownership

Ownership information for 987 East 3rd 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 987 East 3rd Street, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
02/16/2024 $1,725,000 XXXXXXX, XXXXX XXX XXXXXXX, XXXXXX XXXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX
11/05/2010 $440,000 XXXXXXXX, XXXXXX XXX XXXXXX XX XXXX XXXXXX XXX XXXXXXXXXX, XX XXXXXXXX, XXXXXXX XXX XXXX, XXXX XXX 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
09/18/2025 - R
09/11/2025 - D		 Zoning Lot Description
(2025091600059002)		 XXXX XXXXXXX
09/18/2025 - R
09/11/2025 - D		 Certificate
(2025091600059001)		 XXXXXXX XXXXX XXXXXX XXX
02/22/2024 - R
02/16/2024 - D		 Mortgage
(2024021900066002)		 XXXXXXX XXXXX XXXXXXX XXXX XXXXXXXXXXX XXX
02/22/2024 - R
02/16/2024 - D		 Deed
(2024021900066001)		 XXXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXXX
01/08/2024 - R
12/31/2020 - D		 Deed
(2024010400287001)		 XXXXXXXX XXXXXX XXXXXXXX XXXXXX XXXXXXX XXXXXXXXXXX
01/11/2011 - R
11/05/2010 - D		 Deed
(2010111100219001)		 XXX XXXXXX XX XXXX XXXXXX XXXXXXXX XXXXXX
11/27/1991 - R Satisfaction of Mortgage
(3930001652393)		 XXXXXX XXXX XXXXX XXXXX XXXXXXXXXXX
06/17/1966 - R Mortgage
(36630016400068)		 XXXXXX XXXX XXXXXXXXXX XXXX XXXX
06/17/1966 - R Deed
(36630016400047)		 XXXXXX XXXX X XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 987 East 3rd 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
$8,374
Municipal exemptions
Recent tax assessments
Market value
$1,881,000
Assessed value
$112,860

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 $2,019,000 $121,140 $39,814 19.843% $7,900 $7,900 +4.00%
2024/25 $1,823,000 $109,380 $37,822 20.085% $7,597 $7,597 +0.80%
2023/24 $1,606,000 $96,360 $37,523 20.085% $7,536 $7,536 -0.45%
2022/23 $1,458,000 $87,480 $37,276 20.309% $7,570 $7,570 +7.84%
2021/22 $1,516,000 $90,960 $35,167 19.963% $7,020 $7,020 +0.54%
2020/21 $1,456,000 $87,360 $33,178 21.045% $6,982 $6,982 +4.66%
2019/20 $1,309,000 $78,540 $31,518 21.167% $6,671 $6,671 +1.99%
2018/19 $1,306,000 $78,360 $31,269 20.919% $6,541 $6,541 +3.30%
2017/18 $1,197,000 $71,820 $31,063 20.385% $6,332 $6,332 +8.08%
2016/17 $909,000 $54,540 $29,306 19.991% $5,859 $5,859 +8.37%
Permits

Permit information for 987 East 3rd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/27/2026 Full demolition
09/18/2025 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Flatbush residential market stats

Access a detailed real estate market overview of Flatbush so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Flatbush and compare it to other neighborhoods in Brooklyn.

Median sale price

$535,500

-6.9% Y-o-Y

Median price/sq. ft.

$524

-16.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
McDonald Ave & Avenue I at NE Corner
Station lines
F
Distance (miles)
0.128
View subway map

Access the detailed traffic volume map for 987 East 3rd Street, Brooklyn, NY 11230 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 121 Nelson A Rockefeller 7 Yes Public K-8 314 0.38
Cheder (The) NR No Private PK, K-8 0 0.11
Cheder (The) NR No Private PK, K-8 0 0.11
Bais Yaakov D'Rav Meir High School NR No Private K-12 0 0.15
P T A C H NR No Private 2-8 31 0.16
Beth Jacob Day School/Bais Yaak NR No Private PK-8 419 0.17
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 121 Nelson A Rockefeller 7 Yes Public K-8 314 0.38
Cheder (The) NR No Private PK, K-8 0 0.11
Bais Yaakov D'Rav Meir High School NR No Private K-12 0 0.15
P T A C H NR No Private 2-8 31 0.16
Beth Jacob Day School/Bais Yaak NR No Private PK-8 419 0.17
Lubavitcher School Chabad NR No Private PK-8 139 0.20
P.S. 192 Magnet School For Math And Science Inquiry 7 No Public PK, K-8 592 0.29
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.41
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Franklin Delano Roosevelt High School 3 Yes Public 9-12 3,213 0.60
Mesivta Sholom Schachna NR No Private 9-12 192 0.04
Mesivta Sholom Schachna NR No Private 9-12 0 0.09
Bais Yaakov D'Rav Meir High School NR No Private K-12 0 0.15
Lubavitcher High School NR No Private 9-12 0 0.17
Lubavitcher High School NR No Private 9-12 135 0.18

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 987 East 3rd Street, Brooklyn, NY

316 Elmwood Ave, Brooklyn 320 Elmwood Ave, Brooklyn 1002 E 4th St, Brooklyn 1010 E 4th St, Brooklyn 969 E 2nd St, Brooklyn 973 E 2nd St, Brooklyn 324 Elmwood Ave, Brooklyn 1004 E 4th St, Brooklyn 1002 E 3rd St, Brooklyn 967 E 2nd St, Brooklyn 205 Avenue I, Brooklyn 323 Avenue I, Brooklyn 977 E 2nd St, Brooklyn 979 E 2nd St, Brooklyn 201 Avenue I, Brooklyn 312 Elmwood Ave, Brooklyn 998 E 4th St, Brooklyn 1008 E 4th St, Brooklyn 981 E 2nd St, Brooklyn 207 Avenue I, Brooklyn

Nearby ZIP codes for 987 East 3rd Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, 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 11228, New York City, NY 11229, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 987 East 3rd Street, Brooklyn, NY 11230?

The development at 987 East 3rd Street, Brooklyn, NY 11230 was built in 1910.

What is the total square footage of 987 East 3rd Street, Brooklyn, NY 11230?

987 East 3rd Street, Brooklyn, NY 11230 has a total of 1,890 square feet.

When was 987 East 3rd Street, Brooklyn, NY 11230 last sold and what was the sale price?

987 East 3rd Street, Brooklyn, NY 11230 was last sold on 02/16/2024 for $1,725,000.

What is the assessed value of 987 East 3rd Street, Brooklyn, NY 11230?

987 East 3rd Street, Brooklyn, NY 11230 is currently assessed at $112,860.

What are the property taxes for 987 East 3rd Street, Brooklyn, NY 11230?

The property taxes for 987 East 3rd Street, Brooklyn, NY 11230 total $8,373.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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