| Primary address | 1501-1507 Mermaid Avenue |
| Secondary address | 1501 Mermaid Ave |
| Neighborhood | Coney Island |
| Zip code | 11224 |
| Borough | Brooklyn |
| Block & lot | 07022-0046 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/08/2016 |
| Purchase price | $305,000 |
| Tax class | Register |
| Estimated property tax | $12,662 |
| Lot sq. ft. | 1,755 |
| Lot dimensions | |
| Property type | One Story Retail Building (K1)
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| Building sqft | 1,653 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 1 |
| Year built | 1948 |
| Construction type | Register |
| School district | 21 |
| Community district | 13 |
| Closest police station | 0.34 Miles |
| Closest fire station | 0.52 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This One Story Retail Building (K1) located at 1501-1507 Mermaid Avenue, Brooklyn, NY 11224 has a total of 1,653 square feet and a current price per square foot of $184.
What is the year built & the current market value of 1501-1507 Mermaid Avenue, Brooklyn, NY 11224?1501-1507 Mermaid Avenue, Brooklyn, NY 11224 was built in 1948 and has a current tax assessor's market value of $284,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 1501-1507 Mermaid Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/08/2016 | $305,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 1501-1507 Mermaid Avenue, Brooklyn, NY 11224. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $11,530 |
| Estimated property tax: | $12,662 |
| Tax assessor's market value: | $284,000 |
| Assessed value: | $127,800 |
Here's the assessment & property tax history for 1501-1507 Mermaid Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $284,000 | $127,800 | $106,290 | 10.848% | $11,530 | $11,530 | +3.61% |
| 2024/25 | $260,000 | $117,000 | $103,410 | 10.762% | $11,129 | $11,129 | +1.78% |
| 2023/24 | $238,000 | $107,100 | $103,230 | 10.592% | $10,934 | $10,934 | +8.17% |
| 2022/23 | $211,000 | $94,950 | $94,950 | 10.646% | $10,108 | $10,108 | +11.09% |
| 2021/22 | $188,000 | $84,600 | $84,600 | 10.755% | $9,099 | $9,099 | -21.67% |
The complete history of permits filed for 1501-1507 Mermaid Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | AE (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Closest station | Stillwell Ave & Mermaid Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | D-F-N-Q | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.107 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Mermaid Av/W 15 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 1501-1507 Mermaid Avenue, Brooklyn, NY 11224.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 2869 W 16th St, Brooklyn | 2,600 | 08/31/2012 | $480,000 |
| 2865 W 16th St, Brooklyn | 3,625 | 10/20/2023 | |
| 2853 W 16th St, Brooklyn | 3,390 | 01/29/1980 | |
| 2847 W 16th St, Brooklyn | 2,000 | 07/11/2021 | |
| 2875 W 16th St, Brooklyn | 2,052 | 08/14/2004 | $47,000 |
| 2856 W 15th St, Brooklyn | 16,819 | 12/17/2014 | $910,000 |
| 2844 W 15th St, Brooklyn | 2,000 | 09/30/2013 | $290,000 |
| 2834 W 15th St, Brooklyn | 3,636 | 08/01/2016 | $375,000 |
| 2849 W 16th St, Brooklyn | 2,008 | 06/06/2003 | $142,500 |
| 2848 W 15th St, Brooklyn | 20,147 | 03/02/2020 | |
| 2842 W 15th St, Brooklyn | 8,446 | 03/13/2014 | |
| 2840 W 15th St, Brooklyn | 3,000 | 02/10/2005 | $445,000 |
| 2864 W 15th St, Brooklyn | 4,442 | 10/19/2023 | $980,000 |
| 2838 W 15th St, Brooklyn | 5,403 | 11/14/2016 | $240,000 |
| 2859-2863 W 16th St, Brooklyn | 4,270 | 04/30/2019 | |
| 1525 Mermaid Ave, Brooklyn | 5,760 | 01/05/2007 | $840,000 |
| 2867 W 16th St, Brooklyn | 1,700 | 10/07/2009 | $420,000 |
| 2855 W 16th St, Brooklyn | 5,128 | 08/19/2004 | |
| 2874 W 15th St, Brooklyn | 1,344 | 09/20/1995 | |
| 2870 W 15th St, Brooklyn | 8,400 | 08/27/2021 | $1,050,000 |
