New York City » 11223 » Avenue U » 623 Avenue U

623 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 623 Avenue U

Property image for 623 Avenue U, Brooklyn, NY 11223

Property type

Zoned Residential - Not Manhattan (V0)

Lot sq. ft.

1,892

Sale price

$4,500,000

General information

Address

Primary address

623 Avenue U

ZIP code

11223

Borough

Brooklyn

Block & lot

07109-0045

Building

Property type

Zoned Residential - Not Manhattan (V0)

Sales

Sale date

11/13/2024

Sale price

$4,500,000 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Distance to wide street

Lot dimensions

21.75 ft x 87 ft

Lot sq. ft.

1,892

Ownership

Ownership information for 623 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 623 Avenue U, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
11/13/2024	$4,500,000	XXX XXXXXX X XXX	XXXX XXXX XXX
07/25/2011	$310,000	XXXXXXX, XXXXX	XXX, XXXX
05/05/2011	$300,000	XXXX XXXX XXX	XXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/18/2024 - R 11/13/2024 - D	Satisfaction of Mortgage (2024111400345002)	XXXXX XXXXXX XX XXX	XXX XXXXXXXX XXX
11/22/2024 - R 11/13/2024 - D	Deed (2024111400080001)	XXXX XXXX XXX	XXX XXXXXX X XXX
03/13/2019 - R 03/06/2019 - D	Both RPTT and RETT (2019030601226001)	XXXX XXXX XXX	XXXX XXXX XXX
09/16/2011 - R	Initial UCC1 (2011081900485002)	XXXXXXX XXXXX	XXXX XXXXX
09/16/2011 - R 07/25/2011 - D	Both RPTT & RETT (2011081900485001)	XXX XXXX	XXXXXXX XXXXX
06/06/2011 - R	UCC3 Termination (2011051700475003)	XXXXX XXXXXX XX XXX	XXX XXXXXXXX XXX
06/03/2011 - R 05/17/2011 - D	Satisfaction of Mortgage (2011052000495001)	XXXXXX XXXXX	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX XX XXXXXXX
06/03/2011 - R 05/16/2011 - D	Satisfaction of Mortgage (2011051900982001)	XXXXXX XXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
06/06/2011 - R 05/05/2011 - D	Partial Release of Mortgage (2011051700475004)	XXX XXXXXXXX XXX	XXXXX XXXXXX XX XXX
06/06/2011 - R 05/05/2011 - D	Deed (2011051700475002)	XXXXXX XXXXXX	XXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 623 Avenue U, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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	$371,000	$22,260	$11,604	19.843%	$2,303	$2,303	+4.71%
2024/25	$390,000	$23,400	$10,948	20.085%	$2,199	$2,199	+6.00%
2023/24	$410,000	$24,600	$10,328	20.085%	$2,074	$2,074	+4.81%
2022/23	$322,000	$19,320	$9,745	20.309%	$1,979	$1,979	+1.75%
2021/22	$321,000	$19,260	$9,745	19.963%	$1,945	$1,945	-4.43%
2020/21	$279,000	$16,740	$9,670	21.045%	$2,035	$2,035	+5.38%
2019/20	$243,000	$14,580	$9,123	21.167%	$1,931	$1,931	+7.25%
2018/19	$229,000	$13,740	$8,607	20.919%	$1,800	$1,800	+8.76%
2017/18	$255,000	$15,300	$8,121	20.385%	$1,655	$1,655	+1.97%
2016/17	$242,000	$14,520	$8,121	19.991%	$1,623	$1,623	+3.02%

Permits

Permit information for 623 Avenue U, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/13/2008	New building
01/25/2008	Alteration type 3
12/27/2007	New building
12/27/2007	New building
12/26/2007	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Homecrest residential market stats

Access a detailed real estate market overview of Homecrest so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homecrest and compare it to other neighborhoods in Brooklyn.

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Nearby ZIP codes for 623 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

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.