New York City » 11224 » Mermaid Ave » 2425 Mermaid Ave

2425 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 2425 Mermaid Ave

Property image for 2425 Mermaid Avenue, Brooklyn, NY 11224

Property type

Three Families (C0)

Year built

2015

Lot sq. ft.

1,950

Sale price

$938,586

General information

Address

Primary address

2425 Mermaid Avenue

ZIP code

11224

Neighborhood

Coney Island

Borough

Brooklyn

Block & lot

07014-0052

Building

Property type

Three Families (C0)

Building sq. ft.

2,439

Building dimensions

27 ft x 51 ft

Buildings on lot

Stories

Year built

2015

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

09/27/2017

Sale price

$938,586

Tax

Tax year

2026-2027

Property tax

$1,746

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Mermaid Avenue (wide)

Distance to wide street

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

Community district

Closest police station

0.82 Miles

Closest fire station

0.11 Miles

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

Ownership

Ownership information for 2425 Mermaid Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 2425 Mermaid Avenue, Brooklyn, NY 11224

Sale date	Sale price	Buyer name	Seller name
09/27/2017	$938,586	XXXX, XXXXXX	XXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX
06/30/2015	$5	XXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX	XXX XXXX XX XXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/21/2018 - R	UCC3 Termination (2018062001028004)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R	UCC3 Termination (2018062001028003)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R	UCC3 Termination (2018062001028002)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R	UCC3 Termination (2018062001028001)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R 02/01/2018 - D	Termination of Assign of L&R (2018062000912005)	XXX XXXXXXX XXX X XXX
06/21/2018 - R 02/01/2018 - D	Satisfaction of Mortgage (2018062000912004)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R 02/01/2018 - D	Satisfaction of Mortgage (2018062000912003)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R 02/01/2018 - D	Satisfaction of Mortgage (2018062000912002)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
06/21/2018 - R 02/01/2018 - D	Satisfaction of Mortgage (2018062000912001)	XXXXXXX XX XXX	XXX XXXXXXX XXX X XXX
10/16/2017 - R	UCC3 Amendment (2017100900361010)	XXXXXXX XX XXX	XXX XXXXXXX XXXX XXX X XXX XXXX XXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2425 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

$1,746

Municipal exemptions

Recent tax assessments

Market value

$1,246,000

Assessed value

$74,760

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	$1,069,000	$64,140	$10,178	19.843%	$9,638	$2,020	-0.46%
2024/25	$1,016,000	$60,960	$10,102	20.085%	$9,203	$2,029	-6.32%
2023/24	$898,000	$53,880	$10,783	20.085%	$8,683	$2,166	+12.06%
2022/23	$875,000	$52,500	$9,516	20.309%	$8,282	$1,933	+1.72%
2021/22	$960,000	$57,600	$9,516	19.963%	$8,141	$1,900	-16.36%
2020/21	$840,000	$50,400	$10,794	21.045%	$8,518	$2,272	-0.88%
2019/20	$790,000	$47,400	$10,827	21.167%	$8,083	$2,292	-6.32%
2018/19	$690,000	$41,400	$11,695	20.919%	$7,536	$2,446	-64.69%
2017/18	$624,000	$37,440	$33,985	20.385%	$6,928	$6,928	+267.89%
2016/17	$157,000	$9,420	$9,420	19.991%	$1,883	$1,883	n/a

Permits

Permit information for 2425 Mermaid Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/14/2014	New building
10/20/2014	Alteration type 2
09/04/2014	Alteration type 3
02/11/2014	New building
09/12/2008	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/08/2026	A

*Most recent HPD violation on record for this property.

Neighborhood

Seagate, Coney Island residential market stats

Access a detailed real estate market overview of Seagate, Coney Island so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Seagate, Coney Island and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Stillwell Ave & Surf Ave at NE Corner

Station lines

D-F-N-Q

Distance (miles)

0.576

View subway map

Access the detailed traffic volume map for 2425 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 329 Surfside	3	Yes	Public	PK, K-5	313	0.22
P.S. 329 Surfside	3	Yes	Public	PK, K-5	313	0.22
P.S. 288 The Shirley Tanyhill	3	No	Public	PK, K-8	518	0.13
P.S. 288 The Shirley Tanyhill	3	No	Public	PK, K-8	518	0.13
P.S. 188 Michael E Berdy	3	No	Public	PK, K-5	256	0.45
P.S. 188 Michael E Berdy	3	No	Public	PK, K-5	256	0.45
P.S. 90 Edna Cohen School	5	No	Public	PK, K-5	506	0.66
P.S. 90 Edna Cohen School	5	No	Public	PK, K-5	506	0.66
Block Institute	NR	No	Private	PK, K-2	252	0.81
Block Institute	NR	No	Private	PK, K-2	252	0.81

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 228 David A Boody	7	Yes	Public	6-8	1,551	1.88
P.S. 288 The Shirley Tanyhill	3	No	Public	PK, K-8	518	0.13
Mark Twain is 239 for the Gifted and Talented	9	No	Public	6-8	1,207	0.18
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	1.08
Coney Island Preparatory Public Charter School	5	No	Charter	K-12	1,253	1.14
Is 303 Herbert S Eisenberg	4	No	Public	6-8	383	1.14
P.S. 370	NR	No	Public	K-12	246	1.18
Kingsborough Early College School	7	No	Public	6-12	743	1.26
Is 281 Joseph B Cavallaro	7	No	Public	6-8	1,164	1.26
Big Apple Academy	NR	No	Private	TK-8	888	1.36

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Liberation Diploma Plus	2	No	Public	9-12	175	0.34
John Dewey High School	4	No	Public	9-12	2,150	0.98
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	1.08
Rachel Carson High School For Coastal Studies	5	No	Public	9-12	595	1.13
Coney Island Preparatory Public Charter School	5	No	Charter	K-12	1,253	1.14
P.S. 370	NR	No	Public	K-12	246	1.18
International High School At Lafayette	2	No	Public	9-12	353	1.26
Leaders High School	6	No	Public	9-12	372	1.26
Life Academy High School For Film And Music	4	No	Public	9-12	251	1.26
Kingsborough Early College School	7	No	Public	6-12	743	1.26

Nearby ZIP codes for 2425 Mermaid Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, 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 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 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 2425 Mermaid Avenue, Brooklyn, NY 11224?

The development at 2425 Mermaid Avenue, Brooklyn, NY 11224 was built in 2015.

What is the total square footage of 2425 Mermaid Avenue, Brooklyn, NY 11224?

2425 Mermaid Avenue, Brooklyn, NY 11224 has a total of 2,439 square feet.

When was 2425 Mermaid Avenue, Brooklyn, NY 11224 last sold and what was the sale price?

2425 Mermaid Avenue, Brooklyn, NY 11224 was last sold on 09/27/2017 for $938,586.

What is the assessed value of 2425 Mermaid Avenue, Brooklyn, NY 11224?

2425 Mermaid Avenue, Brooklyn, NY 11224 is currently assessed at $74,760.

What are the property taxes for 2425 Mermaid Avenue, Brooklyn, NY 11224?

The property taxes for 2425 Mermaid Avenue, Brooklyn, NY 11224 total $1,745.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.