Kings » 11223 » Avenue U » 247 Avenue U

247 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 247 Avenue U

Property image for 247 Avenue U, Brooklyn, NY 11223

Property type

Banking Facilities with or without Parking (K7)

Year built

1931

Lot sq. ft.

3,240

Sale price

$1,285,000

General information

Address

Primary address

247 Avenue U

Alternate address(es)

292-302 Van Sicklen St
247 Pat Mazzoli Way

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07101-0125

Building

Property type

Banking Facilities with or without Parking (K7)

Building sq. ft.

6,038

Building dimensions

19.75 ft x 100 ft

Buildings on lot

Stories

Year built

1931

Last altered

2011

Building material

Sales

Sale date

11/03/2010

Sale price

$1,285,000

Tax

Tax year

2026-2027

Property tax

$108,235

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

19.75 ft x 100 ft

Lot sq. ft.

3,240

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

96 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.78 Miles

Closest fire station

0.69 Miles

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

Ownership

Ownership information for 247 Avenue U, 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 247 Avenue U, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
11/03/2010	$1,285,000	XXX XXXXXX X XXXXXXXX XXX	XXXXX, XXXXXX XXX XXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/24/2026 - R 12/15/2025 - D	Asgn of Asgn of L&R (2026022400014002)	XXX XXX XXXX XXXXXXX XXX	XXXXXXXXX XXXX
02/24/2026 - R 12/15/2025 - D	Assignment, Mortgage (2026022400014001)	XXX XXX XXXX XXXXXXX XXX	XXXXXXXXX XXXX
10/01/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024100100322004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
10/01/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024100100322002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
10/01/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024100100322003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
10/01/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024100100322001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
01/14/2015 - R 12/16/2014 - D	Termination of Assign of L&R (2014122300770003)	XXXXXXXXX XXXX
01/14/2015 - R 12/10/2014 - D	Assignment of Leases and Rents (2014122300770002)	XXX XXXXXX X XXXXXXXX XXX	XXXXXXXXX XXXX
01/14/2015 - R 12/10/2014 - D	Agreement (2014122300770001)	XXX XXXXXX X XXXXXXXX XXX	XXXXXXXXX XXXX
01/07/2011 - R 12/30/2010 - D	Certificate (2010123100355001)	XXXXX XXXXXXXX XX XXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 247 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

$108,235

Municipal exemptions

Recent tax assessments

Market value

$2,316,000

Assessed value

$1,042,200

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	$2,288,000	$1,029,600	$981,720	10.848%	$106,497	$106,497	+2.69%
2024/25	$2,315,000	$1,041,750	$963,630	10.762%	$103,706	$103,706	+4.39%
2023/24	$2,123,000	$955,350	$937,890	10.592%	$99,341	$99,341	+4.61%
2022/23	$2,044,000	$919,800	$891,990	10.646%	$94,961	$94,961	+5.21%
2021/22	$2,138,000	$962,100	$839,250	10.755%	$90,261	$90,261	+5.49%
2020/21	$2,087,000	$939,150	$800,100	10.694%	$85,563	$85,563	+14.04%
2019/20	$2,029,000	$913,050	$712,080	10.537%	$75,032	$75,032	+15.57%
2018/19	$1,613,000	$725,850	$617,490	10.514%	$64,923	$64,923	+22.52%
2017/18	$1,458,000	$656,100	$504,000	10.514%	$52,991	$52,991	+23.90%
2016/17	$1,703,000	$766,350	$404,460	10.574%	$42,768	$42,768	+41.88%

Permits

Permit information for 247 Avenue U, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/25/2011	Alteration type 3
03/25/2011	Sign
03/25/2011	Alteration type 3
03/25/2011	Alteration type 3
03/25/2011	Sign

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/03/2015	Lblvio-low pressure boiler
	05/15/2014	Lblvio-low pressure boiler
	03/01/2013	Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

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

McDonald Ave & Avenue U at SW Corner

Station lines

Distance (miles)

0.096

View subway map

Access the detailed traffic volume map for 247 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

Nearby ZIP codes for 247 Avenue U, 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 11224, 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 247 Avenue U, Brooklyn, NY 11223?

The development at 247 Avenue U, Brooklyn, NY 11223 was built in 1931.

What is the market value of 247 Avenue U, Brooklyn, NY 11223?

The current market value of 247 Avenue U, Brooklyn, NY 11223 is $2,316,000.

What is the total square footage of 247 Avenue U, Brooklyn, NY 11223?

247 Avenue U, Brooklyn, NY 11223 has a total of 6,038 square feet.

What is the price per square foot for this property?

$212 per square foot is the price for 247 Avenue U, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.