New York City  »  11224  »  Mermaid Ave  »  1627 Mermaid Ave

1627 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 2881-2889 W 17th St

Property image for 1627 Mermaid Avenue, Brooklyn, NY 11224
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1991

Lot sq. ft.

3,432

General information

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Address
Primary address
1627 Mermaid Avenue
Alternate address(es)
1625-1627 Mermaid Ave
2881-2889 W 17th St
ZIP code
11224
Neighborhood
Coney Island
Borough
Brooklyn
Block & lot
07021-0051

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
3,432
Building dimensions
52 ft x 66 ft
Buildings on lot
1
Stories
1
Year built
1991
Building material
Tax
Tax year
2026-2027
Property tax
$21,089
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Commercial units
3
Retail sq. ft.
Lot
Lot dimensions
52 ft x 66 ft
Lot sq. ft.
3,432

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
21
Community district
13
Closest police station
0.43 Miles
Closest fire station
0.43 Miles

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Ownership information for 1627 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 1627 Mermaid Avenue, Brooklyn, NY 11224

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/30/1996 - R Satisfaction of Mortgage
(3250005409625)
XXXXXXXXXXX XXXXXXXXXX XXX
10/17/1994 - R Assignment, Mortgage
(3020004474602)
XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXXXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
10/17/1994 - R Assignment, Mortgage
(3860004474586)
XXXXXXX XXXXXXX XXXXXXXXX XXXX XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX
10/17/1994 - R Assignment, Mortgage
(3050004474605)
XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXXXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
10/17/1994 - R Assignment, Mortgage
(3910004474591)
XXXXXXX XXXXXXX XXXXXXXXX XXXX XXXXXXXXXXX XXXXXXXXX XXXXXXX XXX
03/24/1993 - R Street Procedure
(3190001758819)
XXXXXXXXXXX XXXXXXXXXX
04/22/1987 - R Assignment, Mortgage
(3970001258997)
XXXXXXXXXXX XXXXXXXXXX XXXXXX XXXXX XXXX
01/21/1987 - R Mortgage
(3990001231799)
XXXXXXXXXXX XXXXXXXXXX X XXXXXX XXXXX XXX
01/21/1987 - R
11/20/1986 - D
Deed
(3980001231798)
XXXXXXXXX XXXXXX X XXXXXXXXXXX XXXXXXXXXX
04/16/1982 - R Satisfaction of Mortgage
(3360000907536)
XXXXXXXXX XXXXXX X XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1627 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
$21,089
Municipal exemptions
Recent tax assessments
Market value
$486,000
Assessed value
$218,700

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 $471,000 $211,950 $175,680 10.848% $19,058 $19,058 +5.96%
2024/25 $471,000 $211,950 $167,130 10.762% $17,987 $17,987 +5.76%
2023/24 $411,000 $184,950 $160,560 10.592% $17,007 $17,007 +10.59%
2022/23 $321,000 $144,450 $144,450 10.646% $15,378 $15,378 +14.29%
2021/22 $278,000 $125,100 $125,100 10.755% $13,455 $13,455 -25.12%
2020/21 $376,000 $169,200 $168,030 10.694% $17,969 $17,969 +6.03%
2019/20 $398,000 $179,100 $160,830 10.537% $16,947 $16,947 +6.29%
2018/19 $372,000 $167,400 $151,650 10.514% $15,944 $15,944 +4.72%
2017/18 $401,000 $180,450 $144,810 10.514% $15,225 $15,225 +1.77%
2016/17 $320,000 $144,000 $141,480 10.574% $14,960 $14,960 +5.40%

Permit information for 1627 Mermaid Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/03/2019 Alteration type 2
11/18/2016 Alteration type 2
01/15/2015 Alteration type 2
06/23/2010 Alteration type 2
12/31/2009 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/03/2015 Lblvio-low pressure boiler
05/15/2014 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
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)
0.191

Access the detailed traffic volume map for 1627 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 1627 Mermaid Avenue, Brooklyn, NY 11224?

The development at 1627 Mermaid Avenue, Brooklyn, NY 11224 was built in 1991.

What is the market value of 1627 Mermaid Avenue, Brooklyn, NY 11224?

The current market value of 1627 Mermaid Avenue, Brooklyn, NY 11224 is $486,000.

What is the total square footage of 1627 Mermaid Avenue, Brooklyn, NY 11224?

1627 Mermaid Avenue, Brooklyn, NY 11224 has a total of 3,432 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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