Kings » 11223 » Avenue U » 237 Avenue U

237 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 2079-2087 W 4th St

Property image for 237 Avenue U, Brooklyn, NY 11223

Property type

Predominant Retail with Other Uses (K4)

Year built

1931

Lot sq. ft.

7,848

Sale price

$5,500,000

General information

Address

Primary address

237 Avenue U

Alternate address(es)

2079-2087 W 4th St
237-243 Avenue U
243 Avenue U

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07101-0129

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

15,696

Building dimensions

82 ft x 97 ft

Buildings on lot

Stories

Year built

1931

Last altered

2017

Building material

Sales

Sale date

05/15/2020

Sale price

$5,500,000

Tax

Tax year

2026-2027

Property tax

$155,586

Tax class

Zoning & Use

Zoning

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

82 ft x 96.83 ft

Lot sq. ft.

7,848

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Current built area

15,696 sq. ft.

Buildable area

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

99 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.79 Miles

Closest fire station

0.68 Miles

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

Ownership

Ownership information for 237 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 237 Avenue U, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
05/15/2020	$5,500,000	XXXXXX XXX XXXXXX XXXX.	XXX-XX XXXXXX X XXX XXX XXX XXXXXX X XXX XXX XXXXXXX XXXXX XXX XXXXXXX, XX-XXXXXXX, XXXXXXXX X XXX XXXXXXX, XX-XXXXXXX, XXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/15/2025 - R	UCC3 Continuation (2025011500320001)	XXXXXX XXX XXXXXX XXXX	XXXXXX XXXX
05/22/2020 - R	Initial UCC1 (2020052100842001)	XXXXXX XXX XXXXXX XXXX	XXXXXX XXXX
05/26/2020 - R 05/15/2020 - D	Assignment of Leases and Rents (2020052400033003)	XXXXXX XXX XXXXXX XXXX	XXXXXX XXXX
05/26/2020 - R 05/15/2020 - D	Mortgage (2020052400033002)	XXXXXX XXX XXXXXX XXXX	XXXXXX XXXX
05/26/2020 - R 05/15/2020 - D	Deed (2020052400033001)	XXXXX XXXXXX X XXX	XXXXXX XXX XXXXXX XXXX
12/23/2019 - R 12/13/2019 - D	Correction Deed (2019122100021002)	XXXXXX XX XXXXXXXXX X XXXXXXX XX	XXXXXXX XXXX
05/19/2015 - R 10/02/2014 - D	Deed (2015051201220001)	XXXX XXXXXXX XXXXXXXXX XXXXX	XXXXX XXXXXX XXX
05/19/2015 - R 10/02/2014 - D	Deed (2015051201211001)	XXXX XXXXXXX XX XXXXXXX	XXX XXXXXX X XXX
11/08/2013 - R 10/25/2013 - D	Deed (2013102400803001)	XXXXXXX XXXXXX	XXXXXXXX X XXXXXXX XX XXXXXXXXX XX XXX XXXXXXX X
10/20/2009 - R 08/07/2009 - D	Deed (2009100500403001)	XXXXXXX XXXX	XXXX XXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 237 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

$155,586

Municipal exemptions

Recent tax assessments

Market value

$3,591,000

Assessed value

$1,615,950

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	$3,359,000	$1,511,550	$1,370,700	10.848%	$148,694	$148,694	+4.80%
2024/25	$3,006,000	$1,352,700	$1,318,410	10.762%	$141,887	$141,887	+6.50%
2023/24	$2,843,000	$1,279,350	$1,257,870	10.592%	$133,234	$133,234	+0.81%
2022/23	$3,137,000	$1,411,650	$1,241,450	10.646%	$132,165	$132,165	-0.38%
2021/22	$2,885,000	$1,298,250	$1,233,570	10.755%	$132,670	$132,670	-0.76%
2020/21	$2,778,000	$1,250,100	$1,250,100	10.694%	$133,686	$133,686	-11.70%
2019/20	$3,508,000	$1,578,600	$1,436,850	10.537%	$151,401	$151,401	+14.34%
2018/19	$2,903,000	$1,306,350	$1,259,370	10.514%	$132,410	$132,410	+1.14%
2017/18	$2,908,000	$1,308,600	$1,245,150	10.514%	$130,915	$130,915	+4.14%
2016/17	$2,860,000	$1,287,000	$1,188,810	10.574%	$125,705	$125,705	+3.35%

Permits

Permit information for 237 Avenue U, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/23/2024	Alteration
11/19/2018	Alteration type 2
12/01/2017	Alteration type 2
09/06/2017	Alteration type 2
03/03/2011	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/02/2010	Aeuhaz1-fail to certify class 1
	09/16/1992	Es-electric signs

*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)

0.106

View subway map

Access the detailed traffic volume map for 237 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 237 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 237 Avenue U, Brooklyn, NY 11223?

The development at 237 Avenue U, Brooklyn, NY 11223 was built in 1931.

What is the market value of 237 Avenue U, Brooklyn, NY 11223?

The current market value of 237 Avenue U, Brooklyn, NY 11223 is $3,591,000.

What is the total square footage of 237 Avenue U, Brooklyn, NY 11223?

237 Avenue U, Brooklyn, NY 11223 has a total of 15,696 square feet.

What is the price per square foot for this property?

$350 per square foot is the price for 237 Avenue U, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.