New York City  »  11224  »  Mermaid Ave  »  1520 Mermaid Ave

1520 Mermaid Avenue, Brooklyn, NY 11224 Property Information

1520 Mermaid Avenue, Brooklyn, NY 11224 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1520 Mermaid Avenue, Brooklyn, NY 11224 1
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Address

Primary address 1520 Mermaid Avenue
Neighborhood Coney Island
Zip code 11224
Borough Brooklyn
Block & lot 07063-0004

Sales & Tax Overview for 1520 Mermaid Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 04/04/2025
Purchase price $1,519,619
Tax class
Estimated property tax $9,304

Lot & Building Information for 1520 Mermaid Avenue, Brooklyn

Lot sq. ft. 4,156
Lot dimensions 40.58 ft x 102.42 ft
Property type One Story Retail Building (K1)
Building sqft 918
Building dimensions 17 ft x 54 ft
Buildings on lot 1
Stories 1
Year built 1935
Construction type
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Zoning & Use for 1520 Mermaid Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 13
Closest police station 0.36 Miles
Closest fire station 0.50 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 1520 Mermaid Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1520 Mermaid Avenue, Brooklyn, NY 11224, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 1520 Mermaid Avenue, Brooklyn, NY 11224, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 1520 Mermaid Avenue, Brooklyn

How many sq. ft. does 1520 Mermaid Avenue, Brooklyn, NY 11224 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1520 Mermaid Avenue, Brooklyn, NY 11224 has a total of 918 square feet and a current price per square foot of $1,655.

What is the year built & the current market value of 1520 Mermaid Avenue, Brooklyn, NY 11224?

1520 Mermaid Avenue, Brooklyn, NY 11224 was built in 1935 and has a current tax assessor's market value of $213,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 1520 Mermaid Avenue, Brooklyn

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Property owner name for 1520 Mermaid Avenue, Brooklyn, NY 11224
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Building contacts for 1520 Mermaid Avenue, Brooklyn, NY 11224
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1520 Mermaid Avenue, Brooklyn

Create a free account to view the complete sales history for 1520 Mermaid Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/04/2025 $1,519,619
08/03/2005 $760,000
       
       
       
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Title Documents for 1520 Mermaid Avenue, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
01/15/2026 - R Initial UCC1
(2026011400881001)
04/04/2025 - D
04/15/2025 - R
Assignment of Leases and Rents
(2025040700709003)
04/04/2025 - D
04/15/2025 - R
Mortgage
(2025040700709002)
04/04/2025 - D
04/15/2025 - R
Deed
(2025040700709001)
03/10/2025 - D
04/15/2025 - R
Discharge of Tax Lien
(2025040700709004)
04/06/2023 - R Initial UCC1
(2023040500893001)
01/27/2022 - D
02/01/2024 - R
Court Order
(2024012500619001)
08/09/2018 - D
08/23/2018 - R
Tax Lien Sale Certificate
(2018082200613001)
10/27/2017 - D
01/24/2018 - R
Assignment, Mortgage
(2018012300788001)
10/27/2017 - D
11/17/2017 - R
Asgn of Asgn of L&R
(2017111400514001)
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R: Recorded date
D: Document date

Property Taxes for 1520 Mermaid Avenue, Brooklyn

Access detailed property tax data for 1520 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: $8,699
Estimated property tax: $9,304
Tax assessor's market value: $213,000
Assessed value: $95,850

Assessment History for 1520 Mermaid Avenue, Brooklyn

Here's the assessment & property tax history for 1520 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 $213,000 $95,850 $80,190 10.848% $8,699 $8,699 +3.71%
2024/25 $180,000 $81,000 $77,940 10.762% $8,388 $8,388 -0.01%
2023/24 $176,000 $79,200 $79,200 10.592% $8,389 $8,389 +4.23%
2022/23 $168,000 $75,600 $75,600 10.646% $8,048 $8,048 +7.99%
2021/22 $154,000 $69,300 $69,300 10.755% $7,453 $7,453 -16.46%

Permits for 1520 Mermaid Avenue, Brooklyn

The complete history of permits filed for 1520 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.

Filing date Job type Job status Job description Initial cost
10/29/2013 New building
09/11/2013 New building
06/24/2013 Alteration type 3
09/12/2012 New building
         
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Brooklyn Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Stillwell Ave & Surf Ave at NE Corner
Station lines D-F-N-Q
Distance (miles) 0.117
View subway map
Bus Routes
Name Mermaid Av/W 15 St
Line B74
Distance (miles) 0.026

Neighbors for 1520 Mermaid Avenue, Brooklyn

Here are the neighbors for 1520 Mermaid Avenue, Brooklyn, NY 11224.

Address Square feet Purchase date Purchase price
2906 W 15th St, Brooklyn 3,300 02/21/1985
1614 Mermaid Ave, Brooklyn 6,800 06/18/2024 $813,898
1516 Mermaid Ave, Brooklyn 3,000 11/04/2025 $1,225,000
2904 Stillwell Ave, Brooklyn 1,610 07/06/2007
1608 Mermaid Ave, Brooklyn 6,800 02/05/2024 $721,175
2908 Stillwell Ave, Brooklyn 13,500 08/17/1970
1610 Mermaid Ave, Brooklyn 6,800 02/05/2024 $721,175
1502 Mermaid Ave, Brooklyn 3,360 04/16/2026 $1,575,000
1526 Mermaid Ave, Brooklyn 6,880 07/17/2024 $844,085
1527 Surf Ave, Brooklyn 10/10/2006 $800,000
1416 Mermaid Ave, Brooklyn 2,215 12/20/1979
1602 Mermaid Ave, Brooklyn 13,253 12/10/2024 $3,500,000
1612 Mermaid Ave, Brooklyn 6,800 07/17/2014 $995,000
1616 Mermaid Ave, Brooklyn 3,720 03/05/2013
1512 Mermaid Ave, Brooklyn 1,140 08/23/2004 $245,000
1515 Surf Ave, Brooklyn 276,483 08/21/2020
1521 Surf Ave, Brooklyn 4,625 02/10/1971
1530 Mermaid Ave, Brooklyn 3,440 06/17/1982
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