Kings  »  11229  »  Kings Hwy  »  1623 Kings Hwy

1623 Kings Highway, Brooklyn, NY 11229 - Property report

Also known as: 1640-1650 E 17th St

Property image for 1623 Kings Highway, Brooklyn, NY 11229
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1925

Lot sq. ft.

3,774

Sale price

$18,000,000

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
1623 Kings Highway
Alternate address(es)
1623-1627 Kings Hwy
1640-1650 E 17th St
ZIP code
11229
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06779-0020

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
17,725
Building dimensions
37.75 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1925
Last altered
2008
Building material
Sales
Sale date
03/28/2019
Sale price
$18,000,000
Tax
Tax year
2026-2027
Property tax
$58,453
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
37.75 ft x 102.75 ft
Lot sq. ft.
3,774

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
91 /100.  Rider's Paradise
Bike score
59 /100.  Bikeable
School district
22
Community district
15
Closest police station
1.06 Miles
Closest fire station
0.11 Miles

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

Ownership information for 1623 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 1623 Kings Highway, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
03/28/2019 $18,000,000 XXXXXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXXXXX XXX, XXX XXXX XXXXXX XXX
02/17/2016 $17,000,000 XXXX XXXXXX XXX XXX XXXXXXXXXX, XXX
10/09/2012 $13,250,000 XXX XXXXXXXXXX, XXX XXXX XXXX XXXXX XXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/03/2019 - R
04/30/2019 - D
Satisfaction of Mortgage
(2019050100640001)
XXX XXXXXXXXXX XXX XXXXXXX XXXXXX XXXX
04/23/2019 - R
04/19/2019 - D
Termination of Assign of L&R
(2019042201137001)
XXXX XXXXXX XXX XX XXXX X X
04/01/2019 - R
03/28/2019 - D
Deed
(2019032900637001)
XXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXXXXX XXX XXX
07/18/2016 - R
06/30/2016 - D
Sundry Agreement
(2016071300681001)
XXXX XXXXXX XXX
03/29/2016 - R Initial UCC1
(2016022901002006)
XXXX XXXXXX XXX XX XXXX X X
03/09/2016 - R UCC3 Termination
(2016030201098002)
XXX XXXXXXXXXX XXX XXXXXXX XXXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/29/2016 - R
02/17/2016 - D
Assignment of Leases and Rents
(2016022901002005)
XXXX XXXXXX XXX XX XXXX X X
03/29/2016 - R
02/17/2016 - D
Agreement
(2016022901002004)
XXXX XXXXXX XXX XX XXXX X X
03/29/2016 - R
02/17/2016 - D
Mortgage
(2016022901002003)
XXXX XXXXXX XXX XX XXXX X X
03/29/2016 - R
02/17/2016 - D
Deed
(2016022901002001)
XXX XXXXXXXXXX XXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1623 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
$58,453
Municipal exemptions
Recent tax assessments
Market value
$5,702,000
Assessed value
$2,565,900

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 $5,540,000 $2,493,000 $523,530 10.848% $270,441 $56,793 +2.03%
2024/25 $5,473,000 $2,462,850 $517,198 10.762% $265,052 $55,661 +51.89%
2023/24 $5,242,000 $2,358,900 $345,969 10.592% $249,855 $36,645 -87.47%
2022/23 $6,886,000 $3,098,700 $2,746,350 10.646% $324,187 $292,376 +366.17%
2021/22 $6,171,000 $2,776,950 $583,159 10.755% $298,661 $62,719 -80.18%
2020/21 $8,043,000 $3,619,350 $2,958,390 10.694% $316,370 $316,370 +53.45%
2019/20 $6,754,000 $3,039,300 $1,956,600 10.537% $284,878 $206,167 +10.07%
2018/19 $5,981,000 $2,691,450 $1,781,460 10.514% $265,842 $187,303 -22.67%
2017/18 $6,184,000 $2,782,800 $2,303,730 10.514% $242,214 $242,214 +85.08%
2016/17 $5,909,000 $2,659,050 $1,237,680 10.574% $209,860 $130,872 +30.06%

Permit information for 1623 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/23/2024 Alteration
05/31/2024 Alteration
03/21/2024 Alteration
03/21/2024 Alteration
03/20/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/05/2018 E-elevator elevatorrequired
09/26/2017 E-elevator
10/22/2013 E-elevator

*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
15th St & Kings Hwy at NE Corner
Station lines
B-Q
Distance (miles)
0.072

Access the detailed traffic volume map for 1623 Kings Highway, Brooklyn, NY 11229 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 1623 Kings Highway, Brooklyn, NY 11229?

The development at 1623 Kings Highway, Brooklyn, NY 11229 was built in 1925.

What is the market value of 1623 Kings Highway, Brooklyn, NY 11229?

The current market value of 1623 Kings Highway, Brooklyn, NY 11229 is $5,702,000.

What is the total square footage of 1623 Kings Highway, Brooklyn, NY 11229?

1623 Kings Highway, Brooklyn, NY 11229 has a total of 17,725 square feet.

What is the price per square foot for this property?

$1,015 per square foot is the price for 1623 Kings Highway, Brooklyn, NY 11229.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

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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