New York City  »  11235  »  Gerald CT  »  701 Gerald CT

701 Gerald Court, Brooklyn, NY 11235 - Property report

Also known as: 2513-2523 E 7th St

Property image for 701 Gerald Court, Brooklyn, NY 11235
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1953

Lot sq. ft.

22,000

Sale price

$254,563

General information

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Address
Primary address
701 Gerald Court
Alternate address(es)
2513-2523 E 7th St
701-725 Gerald CT
ZIP code
11235
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07224-0037

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
58,902
Building dimensions
180 ft x 65 ft
Buildings on lot
1
Stories
6
Year built
1953
Sales
Sale date
07/21/2016
Sale price
$254,563 - M
Tax
Tax year
2026-2027
Property tax
$232,333
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
54
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Gerald Court (narrow)
East 7 Street (narrow)
Nearest wide street
Avenue Y
Distance to wide street
Lot dimensions
220 ft x 100 ft
Lot sq. ft.
22,000

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
87 /100.  Excellent Transit
Bike score
73 /100.  Very Bikeable
School district
21
Community district
13
Closest police station
0.34 Miles
Closest fire station
0.31 Miles

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

Units for 701 Gerald Court, Brooklyn, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 1A 11/20/2023
Unit 1B
Unit 1C 07/07/2015 1,000
Unit 1D
Unit 1F 11/28/2006
Unit 1J
Unit 2A 02/15/2012 1,000
Unit 2B 03/27/2019 975
Unit 2C 03/06/2023
Unit 2D
Unit 2E 12/16/2014 800
Unit 2F 09/11/2015
Unit 2G
Unit 2H 05/17/2022
Unit 2J
Unit 3B 07/15/2013 940
Unit 3C 06/29/2010
Unit 3D
Unit 3F
Unit 3G 05/11/2022 1,200
Unit 3H 12/21/2007
Unit 3J
Unit 4A 06/15/2021 1,000
Unit 4C 01/08/2015 1,000
Unit 4D
Unit 4E 08/07/2024 800
Unit 4F 10/04/2021 800
Unit 4G 01/29/2015 1,200
Unit 4H 06/28/2012 850
Unit 4J 08/15/2022
Unit 5A 07/05/2012 1,000
Unit 5B
Unit 5C
Unit 5D 06/02/2010
Unit 5E 08/12/2021
Unit 5F
Unit 5G 04/23/2015
Unit 5J
Unit 6A 10/15/2024 1,000
Unit 6B
Unit 6C 05/18/2021 1,000
Unit 6E 02/16/2023
Unit 6F
Unit 6G 07/20/2016 1,200
Unit 6H 04/21/2016 1,000
Unit 6J 10/17/2013

Ownership information for 701 Gerald Court, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 701 Gerald Court, Brooklyn, NY 11235

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/16/2016 - R
08/18/2016 - D
Termination of Assign of L&R
(2016110900361002)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXX XXX
11/16/2016 - R
08/18/2016 - D
Satisfaction of Mortgage
(2016110900361001)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXX XXX
09/13/2016 - R
08/18/2016 - D
Asgn of Asgn of L&R
(2016082600769010)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
09/13/2016 - R
08/18/2016 - D
Assignment, Mortgage
(2016082600769009)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
09/13/2016 - R
08/18/2016 - D
Assignment of Leases and Rents
(2016082600769008)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/13/2016 - R
08/18/2016 - D
Mortgage
(2016082600769007)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/13/2016 - R
08/18/2016 - D
Asgn of Asgn of L&R
(2016082600769006)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
09/13/2016 - R
08/18/2016 - D
Assignment, Mortgage
(2016082600769005)
XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
09/13/2016 - R
08/18/2016 - D
Assignment of Leases and Rents
(2016082600769004)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
09/13/2016 - R
08/18/2016 - D
Mortgage
(2016082600769003)
XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 701 Gerald Court, 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
$232,333
Municipal exemptions
Recent tax assessments
Market value
$6,366,000
Assessed value
$2,864,700

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 $6,584,000 $2,962,800 $2,395,410 12.439% $322,469 $222,759 +7.68%
2024/25 $6,224,000 $2,800,800 $2,286,585 12.5% $308,068 $206,872 -0.35%
2023/24 $5,879,000 $2,645,550 $2,288,680 12.502% $306,604 $207,608 +11.73%
2022/23 $5,599,000 $2,519,550 $2,165,976 12.267% $289,704 $185,815 +5.70%
2021/22 $5,152,000 $2,318,400 $2,089,702 12.235% $280,657 $175,789 -31.30%
2020/21 $5,887,000 $2,649,150 $2,085,891 12.267% $279,389 $255,876 +9.12%
2019/20 $5,456,000 $2,455,200 $1,879,971 12.473% $257,408 $234,489 +10.95%
2018/19 $5,195,000 $2,337,750 $1,675,762 12.612% $236,505 $211,347 +8.12%
2017/18 $4,846,000 $2,180,700 $1,536,848 12.719% $217,445 $195,472 +14.31%
2016/17 $4,579,000 $2,060,550 $1,326,382 12.892% $198,245 $170,997 +13.99%

Permit information for 701 Gerald Court, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/17/2025 Alteration
04/15/2025 Alteration
04/09/2025 Alteration
02/27/2025 Alteration
06/11/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/04/2026 A
03/23/2023 A
02/25/2022 I

*Most recent HPD violations on record for this property.

Brighton Beach residential market stats

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

Median sale price

$474,000

-3.3% Y-o-Y

Median price/sq. ft.

$643

2.9% 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.

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

Property location map
FEMA flood zones
0.2,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
15th St & Sheepshead Bay Rd at SE Corner
Station lines
B-Q
Distance (miles)
0.414

Access the detailed traffic volume map for 701 Gerald Court, Brooklyn, NY 11235 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 209 Margaret Mead 6 Yes Public PK, K-8 729 0.14
P.S. 209 Margaret Mead 6 Yes Public PK, K-8 729 0.14
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.43
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.43
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.46
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.46
P.S. 254 Dag Hammarskjold 8 No Public PK, K-5 655 0.55
P.S. 254 Dag Hammarskjold 8 No Public PK, K-5 655 0.55
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 225 The Eileen E Zaglin 6 Yes Public PK, K-8 963 0.69
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.14
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.46
I.S. 98 Bay Academy 9 No Public 6-8 1,488 0.54
St Mark School NR No Private PK-8 327 0.59
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.66
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.68
Is 303 Herbert S Eisenberg 4 No Public 6-8 383 0.68
P.S. 771 NR No Public K-12 532 0.69
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Abraham Lincoln High School 4 Yes Public 9-12 2,129 0.53
Harma Inst of Secondary Education NR No Private 12 0 0.29
Yeshivat Magen Abraham NR No Private 9-12 39 0.32
William E Grady Career And Technical Education High School 3 No Public 9-12 606 0.40
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.66
Yda Elite High School NR No Private 9-12 0 0.67
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.68
Rachel Carson High School For Coastal Studies 5 No Public 9-12 595 0.69
P.S. 771 NR No Public K-12 532 0.69
Torah Academy High School NR No Private 9-12 16 0.70

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 701 Gerald Court, Brooklyn, NY 11235?

The development at 701 Gerald Court, Brooklyn, NY 11235 was built in 1953.

What is the total square footage of 701 Gerald Court, Brooklyn, NY 11235?

701 Gerald Court, Brooklyn, NY 11235 has a total of 58,902 square feet.

When was 701 Gerald Court, Brooklyn, NY 11235 last sold and what was the sale price?

701 Gerald Court, Brooklyn, NY 11235 was last sold on 07/21/2016 for $254,563.

What is the assessed value of 701 Gerald Court, Brooklyn, NY 11235?

701 Gerald Court, Brooklyn, NY 11235 is currently assessed at $2,864,700.

What are the property taxes for 701 Gerald Court, Brooklyn, NY 11235?

The property taxes for 701 Gerald Court, Brooklyn, NY 11235 total $308,598.

How many residential units does this building have?

This building has 54 residential unit(s).

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