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126 Avenue U, Brooklyn, NY 11223 Property Information

126 Avenue U, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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126 Avenue U, Brooklyn, NY 11223 1
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Address

Primary address 126 Avenue U
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 07118-0008

Sales & Tax Overview for 126 Avenue U, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 11/24/2003
Purchase price $465,000
Tax class
Estimated property tax $26,253

Lot & Building Information for 126 Avenue U, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Multi-Story Retail Building (2 or More) (K2)
Building sqft 2,500
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 2
Year built 1931
Year last altered 2005
Construction type
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Zoning & Use for 126 Avenue U, Brooklyn

Zoning
Commercial units 2
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 1.00 Miles
Closest fire station 0.49 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 126 Avenue U, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 126 Avenue U, Brooklyn, NY 11223, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 126 Avenue U, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 126 Avenue U, Brooklyn

How many sq. ft. does 126 Avenue U, Brooklyn, NY 11223 have & what is the price per sq. ft?

This Multi-Story Retail Building (2 or More) (K2) located at 126 Avenue U, Brooklyn, NY 11223 has a total of 2,500 square feet and a current price per square foot of $186.

What is the year built & the current market value of 126 Avenue U, Brooklyn, NY 11223?

126 Avenue U, Brooklyn, NY 11223 was built in 1931 and has a current tax assessor's market value of $581,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 126 Avenue U, Brooklyn

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Property owner name for 126 Avenue U, Brooklyn, NY 11223
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Building contacts for 126 Avenue U, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 126 Avenue U, Brooklyn

Create a free account to view the complete sales history for 126 Avenue U, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/24/2003 $465,000

Title Documents for 126 Avenue U, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/20/2017 - D
06/26/2017 - R
Satisfaction of Mortgage
(2017062300106001)
11/24/2003 - D
12/15/2003 - R
Mortgage
(2003120100625002)
11/24/2003 - D
12/15/2003 - R
Deed
(2003120100625001)
11/09/1993 - R Satisfaction of Mortgage
(3440001814044)
04/06/1987 - R Mortgage
(3050001254905)
03/25/1987 - D
04/06/1987 - R
Deed
(3090001254909)
04/12/1968 - D
04/12/1968 - R
Deed
(36830069600306)
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R: Recorded date
D: Document date

Property Taxes for 126 Avenue U, Brooklyn

Access detailed property tax data for 126 Avenue U, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $25,248
Estimated property tax: $26,253
Tax assessor's market value: $581,000
Assessed value: $261,450

Assessment History for 126 Avenue U, Brooklyn

Here's the assessment & property tax history for 126 Avenue U, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $581,000 $261,450 $232,740 10.848% $25,248 $25,248 +3.85%
2024/25 $502,000 $225,900 $225,900 10.762% $24,311 $24,311 +3.88%
2023/24 $491,000 $220,950 $220,950 10.592% $23,403 $23,403 -10.13%
2022/23 $561,000 $252,450 $244,620 10.646% $26,042 $26,042 +19.31%
2021/22 $451,000 $202,950 $202,950 10.755% $21,827 $21,827 -12.10%

Permits for 126 Avenue U, Brooklyn

The complete history of permits filed for 126 Avenue U, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/04/2005 Alteration type 1
06/15/2005 Alteration type 1
11/24/2004 Alteration type 1
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station 8th St & Avenue U at NE Corner
Station lines N
Distance (miles) 0.049
View subway map
Bus Routes
Name Av U/W 9 St
Line B3
Distance (miles) 0.019

Neighbors for 126 Avenue U, Brooklyn

Here are the neighbors for 126 Avenue U, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
130 Avenue U, Brooklyn 2,600 05/08/1979
2116 W 8th St, Brooklyn 3,069 08/03/2001
2128 W 8th St, Brooklyn 2,880 07/03/2025 $1,350,000
2134 W 8th St, Brooklyn 1,944 11/25/1983
112 Avenue U, Brooklyn 3,240 10/27/2022
2145 W 10th St, Brooklyn 1,600 09/19/2025
2113 W 10th St, Brooklyn 2,340 06/19/2014 $950,000
124 Avenue U, Brooklyn 2,000 01/16/2020
114 Avenue U, Brooklyn 3,240 12/02/2015
2114 W 8th St, Brooklyn 3,069 11/21/2008
2132 W 8th St, Brooklyn 2,880 08/15/2025 $1,350,000
2148 W 8th St, Brooklyn 2,080 05/13/2003
2133 W 10th St, Brooklyn 1,600 07/11/2025 $1,180,000
2124 W 8th St, Brooklyn 2,700 12/12/2023
116 Avenue U, Brooklyn 5,794 02/12/2019 $3,750,000
110 Avenue U, Brooklyn 2,760 10/27/2004 $760,000
2118 W 8th St, Brooklyn 4,620 10/23/2018 $10
132 Avenue U, Brooklyn 3,600 05/08/1979
2149 W 10th St, Brooklyn 1,600 11/22/2022 $1,095,000
2115 W 10th St, Brooklyn 2,340 11/22/2021 $1,460,000
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