New York City  »  11223  »  Kings Hwy  »  427 Kings Hwy

427 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 1773-1781 W 1st St

Property image for 427 Kings Highway, Brooklyn, NY 11223
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

2,364

Sale price

$2,000,000

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
427 Kings Highway
Alternate address(es)
1773-1781 W 1st St
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06656-0047

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
6,210
Building dimensions
23 ft x 90 ft
Buildings on lot
1
Stories
3
Year built
1931
Last altered
2016
Building material
Sales
Sale date
07/28/2016
Sale price
$2,000,000
Tax
Tax year
2026-2027
Property tax
$29,855
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
24 ft x 102.08 ft
Lot sq. ft.
2,364

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
21
Community district
11
Closest police station
0.99 Miles
Closest fire station
0.56 Miles

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Ownership information for 427 Kings Highway, Brooklyn, NY

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

Sales history for 427 Kings Highway, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
07/28/2016 $2,000,000 XXX XXXXX XXX, XXX XXX XXXXXX, 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
08/05/2026 - R
07/14/2026 - D
Termination of Assign of L&R
(2026080400741001)
XXX XXXXX XXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/05/2026 - R
07/14/2026 - D
Satisfaction of Mortgage
(2026080400733001)
XXX XXXXX XXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/15/2016 - R
07/28/2016 - D
Assignment of Leases and Rents
(2016073000099003)
XXX XXXXX XXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/15/2016 - R
07/28/2016 - D
Mortgage
(2016073000099002)
XXX XXXXX XXX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/15/2016 - R
07/28/2016 - D
Deed
(2016073000099001)
XXX XXXXXX XXX XXX XXXXX XXX XXX
08/20/1991 - R Satisfaction of Mortgage
(3610001633661)
XXXXXXXX XXX XXXXXXX XXX XX XXXXX
08/13/1991 - R Mortgage
(3150001632215)
XXX XXXXXX XXX XXXXXXXX XXX
08/13/1991 - R
07/31/1991 - D
Deed
(3140001632214)
XXXXXXXX XXX XXX XXXX XXX
07/07/1989 - R Mortgage
(3850001466985)
XXXXXXXX XXX XXXXXXX XXXXXXX XXXXXX
07/07/1989 - R Power of Attorney
(3840001466984)
XXXXXXXX XXXXXXX X XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 427 Kings Highway, 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
$29,855
Municipal exemptions
Recent tax assessments
Market value
$1,434,000
Assessed value
$645,300

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 $1,195,000 $537,750 $240,009 12.439% $29,855 $29,855 +2.70%
2024/25 $996,000 $448,200 $232,564 12.5% $29,071 $29,071 +7.98%
2023/24 $1,193,000 $536,850 $215,340 12.502% $26,922 $26,922 +10.07%
2022/23 $951,000 $427,950 $199,389 12.267% $24,459 $24,459 +8.28%
2021/22 $885,000 $398,250 $184,622 12.235% $22,589 $22,589 -0.26%
2020/21 $973,000 $437,850 $184,622 12.267% $22,648 $22,648 +1.50%
2019/20 $978,000 $440,100 $178,895 12.473% $22,314 $22,314 +6.81%
2018/19 $938,000 $422,100 $165,646 12.612% $20,891 $20,891 +7.09%
2017/18 $894,000 $402,300 $153,376 12.719% $19,508 $19,508 +6.55%
2016/17 $811,000 $364,950 $142,017 12.892% $18,309 $18,309 +0.07%

Permit information for 427 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/17/2023 Alteration
06/16/2023 Alteration
06/05/2023 Alteration
05/02/2023 Alteration
07/16/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
05/15/2014 Lblvio-low pressure boiler

*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
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SW Corner
Station lines
F
Distance (miles)
0.099

Access the detailed traffic volume map for 427 Kings Highway, Brooklyn, NY 11223 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 427 Kings Highway, Brooklyn, NY 11223?

The development at 427 Kings Highway, Brooklyn, NY 11223 was built in 1931.

What is the market value of 427 Kings Highway, Brooklyn, NY 11223?

The current market value of 427 Kings Highway, Brooklyn, NY 11223 is $1,434,000.

What is the total square footage of 427 Kings Highway, Brooklyn, NY 11223?

427 Kings Highway, Brooklyn, NY 11223 has a total of 6,210 square feet.

What is the price per square foot for this property?

$322 per square foot is the price for 427 Kings Highway, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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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.

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