New York City  »  11223  »  Avenue U  »  137 Avenue U

137 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 137 Avenue U

Property image for 137 Avenue U, Brooklyn, NY 11223
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

3,105

Sale price

$1,775,000

General information

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Address
Primary address
137 Avenue U
Alternate address(es)
137-141 Avenue U
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07098-0046

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
3,100
Building dimensions
42.5 ft x 75 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Sales
Sale date
08/13/2018
Sale price
$1,775,000
Tax
Tax year
2026-2027
Property tax
$30,442
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
42.5 ft x 80 ft
Lot sq. ft.
3,105

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
21
Community district
11
Closest police station
0.98 Miles
Closest fire station
0.50 Miles

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Ownership information for 137 Avenue U, Brooklyn, NY

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

Sales history for 137 Avenue U, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
08/13/2018 $1,775,000 XXX-XXX XXXXXX X XXXXXX XXX XXXXXX XXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/17/2026 - R UCC3 Continuation
(2026031700466001)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
10/30/2024 - R
10/10/2024 - D
Both RPTT and RETT
(2024102300251001)
XXXX XXXXXX XXX XXX XX
04/22/2021 - R UCC3 Termination
(2021041500279006)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
04/22/2021 - R Initial UCC1
(2021041500279004)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
04/22/2021 - R
04/01/2021 - D
Termination of Assign of L&R
(2021041500279005)
XXXXXX XXXXXX XXXX XXXXXX XXXXXX X XXXXXX XXX
04/22/2021 - R
04/01/2021 - D
Assignment of Leases and Rents
(2021041500279003)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
04/22/2021 - R
04/01/2021 - D
Agreement
(2021041500279002)
XXXXXX XXXXXX XXXX XXXXXX XXXXXX X XXXXXX XXX
04/22/2021 - R
04/01/2021 - D
Mortgage
(2021041500279001)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
08/16/2018 - R Initial UCC1
(2018081500286004)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX
08/16/2018 - R
08/13/2018 - D
Assignment of Leases and Rents
(2018081500286003)
XXXXXX XXXXXX X XXXXXX XXX XXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 137 Avenue U, 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
$30,442
Municipal exemptions
Recent tax assessments
Market value
$666,000
Assessed value
$299,700

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 $642,000 $288,900 $264,330 10.848% $28,675 $28,675 +1.01%
2024/25 $624,000 $280,800 $263,790 10.762% $28,389 $28,389 +3.76%
2023/24 $574,000 $258,300 $258,300 10.592% $27,359 $27,359 -2.54%
2022/23 $612,000 $275,400 $263,700 10.646% $28,074 $28,074 +19.60%
2021/22 $485,000 $218,250 $218,250 10.755% $23,473 $23,473 -18.02%
2020/21 $636,000 $286,200 $267,750 10.694% $28,633 $28,633 +5.76%
2019/20 $609,000 $274,050 $256,950 10.537% $27,075 $27,075 +4.43%
2018/19 $588,000 $264,600 $246,600 10.514% $25,928 $25,928 +3.63%
2017/18 $581,000 $261,450 $237,960 10.514% $25,019 $25,019 +2.42%
2016/17 $561,000 $252,450 $231,030 10.574% $24,429 $24,429 +5.04%

Permit information for 137 Avenue U, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/12/1996 Alteration type 2
01/19/1995 Alteration type 1
10/29/1993 Alteration type 1
10/06/1993 Alteration type 1
05/26/1993 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
02/04/1994 C-construction

*Most recent DOB violation 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
8th St & Avenue U at NE Corner
Station lines
N
Distance (miles)
0.012

Access the detailed traffic volume map for 137 Avenue U, Brooklyn, NY 11223 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 137 Avenue U, Brooklyn, NY 11223?

The development at 137 Avenue U, Brooklyn, NY 11223 was built in 1931.

What is the market value of 137 Avenue U, Brooklyn, NY 11223?

The current market value of 137 Avenue U, Brooklyn, NY 11223 is $666,000.

What is the total square footage of 137 Avenue U, Brooklyn, NY 11223?

137 Avenue U, Brooklyn, NY 11223 has a total of 3,100 square feet.

What is the price per square foot for this property?

$572 per square foot is the price for 137 Avenue U, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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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