Kings  »  11229  »  Kings Hwy  »  1123 Kings Hwy

1123 Kings Highway, Brooklyn, NY 11229 - Property report

Also known as: 1702-1704 E 12th St

Property image for 1123 Kings Highway, Brooklyn, NY 11229
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1925

Lot sq. ft.

2,720

General information

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Address
Primary address
1123 Kings Highway
Alternate address(es)
1122-1124 Quentin Rd
1123-1125 Kings Hwy
1702-1704 E 12th St
ZIP code
11229
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06794-0010

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
5,440
Building dimensions
77.88 ft x 48.62 ft
Buildings on lot
1
Stories
2
Year built
1925
Last altered
2012
Building material
Tax
Tax year
2026-2027
Property tax
$121,552
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
77.88 ft x 48.62 ft
Lot sq. ft.
2,720

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
65 /100.  Bikeable
School district
21
Community district
15
Closest police station
0.92 Miles
Closest fire station
0.14 Miles

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

Ownership information for 1123 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 1123 Kings Highway, Brooklyn, NY 11229

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/09/2023 - R Initial UCC1
(2023060801004001)
XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
05/22/2023 - R UCC3 Termination
(2023051800876001)
XXXXXXX XXXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/22/2023 - R
05/03/2023 - D
Assignment of Leases and Rents
(2023051800876006)
XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
05/22/2023 - R
05/03/2023 - D
Agreement
(2023051800876005)
XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
05/22/2023 - R
05/03/2023 - D
Mortgage
(2023051800876004)
XXXXXXX XXXXXX XXX XXXXXXXXXX XXXX
05/22/2023 - R
05/03/2023 - D
Assignment, Mortgage
(2023051800876003)
X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXXXXXXXXX XXXX
05/22/2023 - R
05/03/2023 - D
Termination of Assign of L&R
(2023051800876002)
X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXXXXXX XXXXXX XXX
11/02/2022 - R UCC3 Continuation
(2022110100204001)
XXXXXXX XXXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXX XXX
10/31/2017 - R UCC3 Continuation
(2017102700775001)
XXXXXXX XXXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX XXX XXX
06/04/2013 - R UCC3 Assignment
(2013052000491003)
XXXXXXX XXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1123 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
$121,552
Municipal exemptions
Recent tax assessments
Market value
$2,490,000
Assessed value
$1,120,500

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 $2,666,000 $1,199,700 $1,178,460 10.848% $127,839 $127,839 -0.89%
2024/25 $2,720,000 $1,224,000 $1,198,520 10.762% $128,985 $128,985 +6.41%
2023/24 $2,543,000 $1,144,350 $1,144,350 10.592% $121,210 $121,210 +4.55%
2022/23 $2,420,000 $1,089,000 $1,089,000 10.646% $115,935 $115,935 -10.98%
2021/22 $2,745,000 $1,235,250 $1,210,950 10.755% $130,238 $130,238 +2.80%
2020/21 $3,294,000 $1,482,300 $1,184,670 10.694% $126,689 $126,689 +16.72%
2019/20 $3,095,000 $1,392,750 $1,030,050 10.537% $108,536 $108,536 +21.25%
2018/19 $3,029,000 $1,363,050 $851,400 10.514% $89,516 $89,516 +25.23%
2017/18 $1,981,000 $891,450 $679,859 10.514% $71,480 $71,480 +4.07%
2016/17 $1,764,000 $793,800 $649,589 10.574% $68,688 $68,688 +1.19%

Permit information for 1123 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/04/2012 Alteration type 3
12/04/2012 Alteration type 3
12/04/2012 Alteration type 3
12/04/2012 Alteration type 3
12/04/2012 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
03/01/2013 Lblvio-low pressure boiler
12/13/2011 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
15th St & Kings Hwy at SE Corner
Station lines
B-Q
Distance (miles)
0.195

Access the detailed traffic volume map for 1123 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 1123 Kings Highway, Brooklyn, NY 11229?

The development at 1123 Kings Highway, Brooklyn, NY 11229 was built in 1925.

What is the market value of 1123 Kings Highway, Brooklyn, NY 11229?

The current market value of 1123 Kings Highway, Brooklyn, NY 11229 is $2,490,000.

What is the total square footage of 1123 Kings Highway, Brooklyn, NY 11229?

1123 Kings Highway, Brooklyn, NY 11229 has a total of 5,440 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

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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