New York City  »  11224  »  Mermaid Ave  »  2423 Mermaid Ave

2423 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 2423 Mermaid Ave

Property image for 2423 Mermaid Avenue, Brooklyn, NY 11224
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1920

Lot sq. ft.

1,950

Sale price

$825,000

General information

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Address
Primary address
2423 Mermaid Avenue
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07014-0051

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,218
Building dimensions
19.5 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
2006
Building material
Sales
Sale date
11/05/2019
Sale price
$825,000
Tax
Tax year
2026-2027
Property tax
$2,692
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
1
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 100 ft
Lot sq. ft.
1,950

Area overview

Walk score
79 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
60 /100.  Bikeable
School district
21
Community district
13
Closest police station
0.82 Miles
Closest fire station
0.11 Miles

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

Ownership information for 2423 Mermaid Avenue, Brooklyn, NY

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

Sales history for 2423 Mermaid Avenue, Brooklyn, NY 11224

Sale date Sale price Buyer name Seller name
11/05/2019 $825,000 XXXX XXXXXXX XXX XXXX XXX XXXXXXX XXX. , XX XXXXXXX, XXXXXXX X
04/15/2004 $425,000 XXXXX XXXXXX XXXX. XXXXXXXX, XXXXXX XXX XXXXXXXX, 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
02/08/2021 - R Initial UCC1
(2021012200755005)
XXXX XXXXXXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
02/08/2021 - R
01/21/2021 - D
Assignment of Leases and Rents
(2021012200755004)
XXXX XXXXXXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
02/08/2021 - R
01/21/2021 - D
Agreement
(2021012200755003)
XXXX XXXXXXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
02/08/2021 - R
01/21/2021 - D
Mortgage
(2021012200755002)
XXXX XXXXXXX XXX XXXX XXX XXXXX XXXXXXXX XXXX
02/08/2021 - R
01/18/2021 - D
Assignment, Mortgage
(2021012200755001)
XXXX XXXXX XXXXX XXXXXXXX XXXX
02/21/2020 - R
01/06/2020 - D
Discharge of Tax Lien
(2020021101270001)
XXX XXXX XX XXX XXXX XXXXXX
02/21/2020 - R
12/02/2019 - D
Discharge of Tax Lien
(2020021101270003)
XXX XXXX XX XXX XXXX XXXXXX
02/21/2020 - R
12/02/2019 - D
Discharge of Tax Lien
(2020021101270002)
XXX XXXX XX XXX XXXX XXXXXX
12/04/2019 - R
11/05/2019 - D
Mortgage
(2019120201027002)
XXXX XXXXXXX XXX XXXX XXX XXXX XXXXX
12/04/2019 - R
11/05/2019 - D
Deed
(2019120201027001)
XXXXXXX XXX XX XXXXXXX XXXXXXX X XXXX XXXXXXX XXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2423 Mermaid 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
$2,692
Municipal exemptions
Recent tax assessments
Market value
$918,000
Assessed value
$55,080

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 $861,000 $51,660 $13,565 19.843% $2,692 $2,692 -0.46%
2024/25 $739,000 $44,340 $13,463 20.085% $2,704 $2,704 +6.00%
2023/24 $653,000 $39,180 $12,701 20.085% $2,551 $2,551 +4.83%
2022/23 $513,000 $30,780 $11,982 20.309% $2,433 $2,433 +7.82%
2021/22 $439,000 $26,340 $11,304 19.963% $2,257 $2,257 -5.13%
2020/21 $278,000 $16,680 $11,304 21.045% $2,379 $2,379 +0.18%
2019/20 $242,000 $14,520 $11,219 21.167% $2,375 $2,375 +7.26%
2018/19 $202,000 $12,120 $10,584 20.919% $2,214 $2,214 +8.78%
2017/18 $188,000 $11,280 $9,985 20.385% $2,035 $2,035 +8.09%
2016/17 $157,000 $9,420 $9,420 19.991% $1,883 $1,883 +2.23%

Permit information for 2423 Mermaid Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/19/2023 Alteration
09/19/2023 Alteration
10/04/2021 Alteration CO
10/05/2020 Alteration
01/23/2013 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/01/2015 Lblvio-low pressure boiler
03/03/2015 Lblvio-low pressure boiler
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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Stillwell Ave & Surf Ave at NE Corner
Station lines
D-F-N-Q
Distance (miles)
0.573

Access the detailed traffic volume map for 2423 Mermaid Avenue, Brooklyn, NY 11224 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 2423 Mermaid Avenue, Brooklyn, NY 11224?

The development at 2423 Mermaid Avenue, Brooklyn, NY 11224 was built in 1920.

What is the market value of 2423 Mermaid Avenue, Brooklyn, NY 11224?

The current market value of 2423 Mermaid Avenue, Brooklyn, NY 11224 is $918,000.

What is the total square footage of 2423 Mermaid Avenue, Brooklyn, NY 11224?

2423 Mermaid Avenue, Brooklyn, NY 11224 has a total of 3,218 square feet.

What is the price per square foot for this property?

$256 per square foot is the price for 2423 Mermaid Avenue, Brooklyn, NY 11224.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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