New York City  »  11214  »  25th Ave  »  8700 25th Ave

Chelsea - 8700 25th Avenue, Brooklyn, NY 11214 - Property report

Also known as: 8686-8700 25th Ave

Property image for Chelsea - 8700 25th Avenue, Brooklyn, NY 11214
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1963

Lot sq. ft.

38,668

Sale price

$20,750,000

General information

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Address
Building name
Chelsea
Primary address
Chelsea - 8700 25th Avenue
Alternate address(es)
2462-2472 Benson Ave
8686-8700 25th Ave
ZIP code
11214
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06878-0048

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
130,870
Building dimensions
373 ft x 96.67 ft
Buildings on lot
1
Stories
7
Year built
1963
Building material
Sales
Sale date
07/23/2020
Sale price
$20,750,000
Tax
Tax year
2026-2027
Property tax
$534,129
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
123
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
400 ft x 96.67 ft
Lot sq. ft.
38,668

Area overview

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

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

Ownership

Ownership information for Chelsea - 8700 25th Avenue, Brooklyn, NY

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

Sales history for Chelsea - 8700 25th Avenue, Brooklyn, NY 11214

Sale date Sale price Buyer name Seller name
07/23/2020 $20,750,000 XXXXXXX XXXX XXXXXX XXX XXXXXXX XXXXXXXXXX XXX XXX
05/04/2004 $11,586,969 XXXXXXX XXXX XXX XXXXXXX XXXX, X.X.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
01/12/2026 - R
12/24/2025 - D		 Agreement
(2026010900526001)		 XXXXXXXX XXXX X X XXXXXXXX XXXXXX XXX
06/30/2025 - R UCC3 Continuation
(2025062600455001)		 XXXXXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/28/2020 - R Initial UCC1
(2020072400481007)		 XXXXXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/28/2020 - R UCC3 Termination
(2020072400481002)		 XXXXXXX XXXXXXXXXX XXX XXX XXXXXX XXXXXX XXXXX XXXXXX XXXXXXXX XXXXXXXXXX
07/28/2020 - R
07/23/2020 - D		 Agreement
(2020072400481006)		 XXXXXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/28/2020 - R
07/23/2020 - D		 Mortgage
(2020072400481005)		 XXXXXXX XXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/28/2020 - R
07/23/2020 - D		 Assignment, Mortgage
(2020072400481004)		 XXXXXX XXXXXX XXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXX XXXX XXXXXXXXX XXXX
07/28/2020 - R
07/23/2020 - D		 Deed
(2020072400481001)		 XXXXXXX XXXXXXXXXX XXX XXX XXXXXXX XXXX XXXXXX XXX
07/28/2020 - R
12/27/2013 - D		 Power of Attorney
(2020072400481003)		 XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
07/09/2013 - R
04/30/2013 - D		 NYC Real Property Transfer Tax
(2013061901788001)		 XXXXXXXX XXXXXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Chelsea - 8700 25th 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
Property tax
$534,129
Municipal exemptions
Recent tax assessments
Market value
$10,977,000
Assessed value
$4,939,650

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 $9,880,000 $4,446,000 $3,918,960 12.439% $487,479 $487,479 -1.20%
2024/25 $9,183,000 $4,132,350 $3,947,040 12.5% $493,380 $493,380 -1.30%
2023/24 $9,640,000 $4,338,000 $3,998,340 12.502% $499,872 $499,872 +12.76%
2022/23 $8,031,000 $3,613,950 $3,613,950 12.267% $443,323 $443,323 +18.24%
2021/22 $6,810,000 $3,064,500 $3,064,500 12.235% $374,942 $374,942 -23.47%
2020/21 $10,192,000 $4,586,400 $3,994,020 12.267% $489,946 $489,946 +5.03%
2019/20 $9,753,000 $4,388,850 $3,739,770 12.473% $466,462 $466,462 +9.28%
2018/19 $8,360,000 $3,762,000 $3,384,540 12.612% $426,858 $426,858 +6.38%
2017/18 $8,176,000 $3,679,200 $3,154,680 12.719% $401,244 $401,244 +1.85%
2016/17 $7,897,000 $3,553,650 $3,055,840 12.892% $393,959 $393,959 +4.60%
Permits

Permit information for Chelsea - 8700 25th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/15/2023 Alteration
07/26/2023 Alteration
07/21/2023 Alteration
03/23/2021 Alteration
12/06/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/17/2021 Evcat5-non-residential elevator periodic inspection/test
05/08/2021 E-elevator
05/08/2021 E-elevator

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
25th Ave & 86th St at SW Corner
Station lines
D
Distance (miles)
0.188
View subway map

Access the detailed traffic volume map for Chelsea - 8700 25th Avenue, Brooklyn, NY 11214 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

Neighbors for Chelsea - 8700 25th Avenue, Brooklyn, NY

8740 25th Ave, Brooklyn 8746 25th Ave, Brooklyn 8754 25th Ave, Brooklyn 95 Bay 38 St, Brooklyn 103 Bay 38 St, Brooklyn 93 Bay 38 St, Brooklyn 115 Bay 38 St, Brooklyn 8736 25th Ave, Brooklyn 8742 25th Ave, Brooklyn 8752 25th Ave, Brooklyn 105 Bay 38 St, Brooklyn 107 Bay 38 St, Brooklyn 119 Bay 38 St, Brooklyn 8734 25th Ave, Brooklyn 8738 25th Ave, Brooklyn 8748 25th Ave, Brooklyn 8750 25th Ave, Brooklyn 109 Bay 38 St, Brooklyn 2454 Benson Ave, Brooklyn 99 Bay 38 St, Brooklyn

Nearby ZIP codes for Chelsea - 8700 25th Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, 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 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 Chelsea - 8700 25th Avenue, Brooklyn, NY 11214?

The development at Chelsea - 8700 25th Avenue, Brooklyn, NY 11214 was built in 1963.

What is the market value of Chelsea - 8700 25th Avenue, Brooklyn, NY 11214?

The current market value of Chelsea - 8700 25th Avenue, Brooklyn, NY 11214 is $10,977,000.

What is the total square footage of Chelsea - 8700 25th Avenue, Brooklyn, NY 11214?

Chelsea - 8700 25th Avenue, Brooklyn, NY 11214 has a total of 130,870 square feet.

What is the price per square foot for this property?

$158 per square foot is the price for Chelsea - 8700 25th Avenue, Brooklyn, NY 11214.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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