New York City  »  11223  »  Avenue U  »  701 Avenue U

701 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 2143-2151 E 7th St

Property image for 701 Avenue U, Brooklyn, NY 11223
static Mapbox map

Property type

Professional Buildings/Stand Alone Funeral Homes (O7)

Year built

1931

Lot sq. ft.

1,845

Sale price

$1,100,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
701 Avenue U
Alternate address(es)
2143-2151 E 7th St
ZIP code
11223
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
07110-0053

Owner

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Building
Property type
Professional Buildings/Stand Alone Funeral Homes (O7)
Building sq. ft.
3,690
Building dimensions
20 ft x 92.25 ft
Buildings on lot
1
Stories
2
Year built
1931
Last altered
2011
Building material
Sales
Sale date
04/15/2011
Sale price
$1,100,000
Tax
Tax year
2026-2027
Property tax
$22,977
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
20.5 ft x 90 ft
Lot sq. ft.
1,845

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
89 /100.  Excellent Transit
Bike score
76 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.31 Miles
Closest fire station
0.10 Miles

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

Ownership information for 701 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 701 Avenue U, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
04/15/2011 $1,100,000 XXX XXXXXX X XXX XXXXXX, XXXXXXX XXX XXXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/05/2022 - R Initial UCC1
(2022080200565003)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/05/2022 - R
07/27/2022 - D
Assignment of Leases and Rents
(2022080200565002)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/05/2022 - R
07/27/2022 - D
Mortgage and Consolidation
(2022080200565001)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/15/2017 - R Initial UCC1
(2017081100709003)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/15/2017 - R UCC3 Termination
(2017081100709002)
XXX XXXXXX X XXX XXXXXXXXX XXXX X X
08/15/2017 - R
08/04/2017 - D
Assignment of Leases and Rents
(2017081100576004)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/15/2017 - R
08/04/2017 - D
Agreement
(2017081100576003)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/15/2017 - R
08/04/2017 - D
Mortgage
(2017081100576002)
XXX XXXXXX X XXX XXXX XXXXXXXX XXXX
08/15/2017 - R
08/02/2017 - D
Termination of Assign of L&R
(2017081100709001)
XXXXXXXXX XXXX X X XXX XXXXXX X XXX
08/15/2017 - R
08/02/2017 - D
Assignment, Mortgage
(2017081100576001)
XXXXXXXXX XXXX X X XXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 701 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
$22,977
Municipal exemptions
Recent tax assessments
Market value
$785,000
Assessed value
$353,250

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 $737,000 $331,650 $329,220 10.848% $35,714 $22,420 +8.29%
2024/25 $702,000 $315,900 $315,900 10.762% $33,997 $20,704 -1.08%
2023/24 $718,000 $323,100 $323,100 10.592% $34,223 $20,929 -11.83%
2022/23 $773,000 $347,850 $347,850 10.646% $37,032 $23,739 +8.20%
2021/22 $728,000 $327,600 $327,600 10.755% $35,233 $21,940 -45.62%
2020/21 $919,000 $413,550 $377,280 10.694% $40,346 $40,346 +8.20%
2019/20 $949,000 $427,050 $353,878 10.537% $37,288 $37,288 +5.31%
2018/19 $874,000 $393,300 $336,778 10.514% $35,409 $35,409 +8.45%
2017/18 $758,000 $341,100 $310,537 10.514% $32,650 $32,650 +4.94%
2016/17 $692,000 $311,400 $294,251 10.574% $31,114 $31,114 +2.85%

Permit information for 701 Avenue U, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/15/2012 Alteration type 1
01/11/2012 Alteration type 1
11/02/2011 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
06/20/2023 Lblvio-low pressure boiler boiler required
01/06/2021 Aeuhaz1-fail to certify class 1 none
02/24/2017 Lblvio-low pressure boiler

*Most recent DOB violations 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
3

Subway & traffic

Closest station
15th St & Avenue U at SE Corner
Station lines
B-Q
Distance (miles)
0.434

Access the detailed traffic volume map for 701 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 701 Avenue U, Brooklyn, NY 11223?

The development at 701 Avenue U, Brooklyn, NY 11223 was built in 1931.

What is the market value of 701 Avenue U, Brooklyn, NY 11223?

The current market value of 701 Avenue U, Brooklyn, NY 11223 is $785,000.

What is the total square footage of 701 Avenue U, Brooklyn, NY 11223?

701 Avenue U, Brooklyn, NY 11223 has a total of 3,690 square feet.

What is the price per square foot for this property?

$298 per square foot is the price for 701 Avenue U, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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