New York City » 11229 » Avenue T » 2981 Avenue T

2981 Avenue T, Brooklyn, NY 11229 - Property report

Also known as: 2981 Avenue T

Property image for 2981 Avenue T, Brooklyn, NY 11229

Property type

Two Family Converted from One Family (B3)

Year built

1925

Lot sq. ft.

2,600

Sale price

$670,000

General information

Address

Primary address

2981 Avenue T

Alternate address(es)

2981 Garage Avenue T

ZIP code

11229

Neighborhood

Madison

Borough

Brooklyn

Block & lot

07311-0047

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

1,344

Building dimensions

16 ft x 42 ft

Buildings on lot

Stories

Year built

1925

Building material

Frame

Exterior wall

Composition

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

12/15/2015

Sale price

$670,000

Tax

Tax year

2026-2027

Property tax

$8,494

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

Frontage(s)

Avenue T (wide)

Distance to wide street

Lot dimensions

26 ft x 100 ft

Lot sq. ft.

2,600

Area overview

Walk score

87 /100. Very Walkable

Transit score

78 /100. Excellent Transit

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

1.21 Miles

Closest fire station

0.26 Miles

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

Ownership

Ownership information for 2981 Avenue T, 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 2981 Avenue T, Brooklyn, NY 11229

Sale date	Sale price	Buyer name	Seller name
12/15/2015	$670,000	XXXX, XXX XXXX XXX XXXXX, XXXXXXX	XXXXXXXXXX, XXXX XXX XXXXXXXXXX, 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
05/15/2017 - R 05/12/2017 - D	Sundry Agreement (2017051201201001)	XXXXX XXXXXXX
01/12/2016 - R 01/04/2016 - D	Satisfaction of Mortgage (2016010501535001)	XXXXXXXXXX XXXX	XXX XXXX XX XXX XXXX XXXXXX
01/04/2016 - R 12/15/2015 - D	Deed (2015121801059001)	XXXXXXXXXX XXXX	XXXX XXX XXXX
08/21/2012 - R 07/30/2012 - D	Assignment, Mortgage (2012080800546001)	XXXXXXXXXXX XXXX XXXXX XXX	XXXXX XXX XXXXXX XXXXX
05/21/2012 - R 05/03/2012 - D	Assignment, Mortgage (2012051000361001)	XXXXXXXXXXX XXXX XXXXX XX X	XXX XXXX XX XXX XXXX
05/30/2006 - R 05/10/2006 - D	Satisfaction of Mortgage (2006051002411001)	XXXXXXXXXX XXXX	XXXXXXXXXXX XXXX XXXXX XXX
05/24/2006 - R 05/03/2006 - D	Satisfaction of Mortgage (2006050400332001)	XXXXXXXXXX XXXX	XXXXXXXXXXX XXXX XXXXX XXX
05/10/2006 - R 04/14/2006 - D	Mortgage (2006050201233002)	XXXXXXXXXX XXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
05/10/2006 - R 04/14/2006 - D	Deed (2006050201233001)	XXXXXXXXXX XXXX	XXXXXXXXXX XXXX
10/28/2003 - R 05/23/2003 - D	Mortgage (2003072300126002)	XXXXXXXXXX XXXX	XXXXXXXXXXX XXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2981 Avenue T, 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

$8,494

Municipal exemptions

Recent tax assessments

Market value

$815,000

Assessed value

$48,900

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	$924,000	$55,440	$40,381	19.843%	$8,013	$8,013	-1.20%
2024/25	$883,000	$52,980	$40,381	20.085%	$8,111	$8,111	+0.68%
2023/24	$945,000	$56,700	$40,107	20.085%	$8,055	$8,055	+4.19%
2022/23	$823,000	$49,380	$38,070	20.309%	$7,732	$7,732	+7.15%
2021/22	$874,000	$52,440	$36,147	19.963%	$7,216	$7,216	+13.39%
2020/21	$813,000	$48,780	$30,240	21.045%	$6,364	$6,364	-0.58%
2019/20	$765,000	$45,900	$30,240	21.167%	$6,401	$6,401	+1.95%
2018/19	$700,000	$42,000	$30,012	20.919%	$6,278	$6,278	+8.77%
2017/18	$677,000	$40,620	$28,314	20.385%	$5,772	$5,772	+14.74%
2016/17	$552,000	$33,120	$25,162	19.991%	$5,340	$5,030	+8.91%

Permits

Permit information for 2981 Avenue T, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/07/2017	Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Madison residential market stats

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

Median sale price

$930,000

63.2% Y-o-Y

Median price/sq. ft.

$681

37% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

15th St & Avenue U at SE Corner

Station lines

B-Q

Distance (miles)

0.871

View subway map

Access the detailed traffic volume map for 2981 Avenue T, Brooklyn, NY 11229 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. 194 Raoul Wallenberg	4	Yes	Public	PK, K-5	509	0.52
P.S. 194 Raoul Wallenberg	4	Yes	Public	PK, K-5	509	0.52
Good Shepherd School	NR	No	Private	PK-8	258	0.09
Good Shepherd School	NR	No	Private	PK-8	258	0.09
Lev Bais Yaakov	NR	No	Private	K-12	599	0.45
Brooklyn Blue Feather School	NR	No	Private	K	30	0.51
Marine Park Day School	NR	No	Private	PK, 2, 4	0	0.54
P.S. 206 Joseph F Lamb	5	No	Public	K-8	1,512	0.61

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 278 Marine Park	7	Yes	Public	6-8	1,076	0.26
Good Shepherd School	NR	No	Private	PK-8	258	0.09
Lev Bais Yaakov	NR	No	Private	K-12	599	0.45
Sarah Dabah School	NR	No	Private	PK, K-8	93	0.57
P.S. 206 Joseph F Lamb	5	No	Public	K-8	1,512	0.61
Yeshiva Ahavas Torah	NR	No	Private	PK-8	160	0.65
St Edmund Elementary School	NR	No	Private	PK-8	187	0.66
Jhs 14 Shell Bank	5	No	Public	6-8	452	0.69
Jhs 234 Arthur W Cunningham	8	No	Public	6-8	1,342	0.79

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
James Madison High School	5	Yes	Public	9-12	3,630	0.66
Lev Bais Yaakov	NR	No	Private	K-12	599	0.45
St. Edmund Prep High School	NR	No	Private	9-12	0	0.62
St Edmund Preparatory High School	NR	No	Private	9-12	595	0.64
Yeshiva Ohr Yisrael	NR	No	Private	9-12	54	0.69
New Visions Charter HS-Advanced Math & Science	6	No	Charter	9-12	407	0.69
Professional Pathways High School	1	No	Public	9-12	159	0.69
Origins High School	5	No	Public	9-12	438	0.69
Bnos Yaakov	NR	No	Private	9-12	192	0.70
P.S. 811 Connie Lekas School	NR	No	Public	6-12	273	0.83

Frequently asked questions

What is the year built for 2981 Avenue T, Brooklyn, NY 11229?

The development at 2981 Avenue T, Brooklyn, NY 11229 was built in 1925.

What is the total square footage of 2981 Avenue T, Brooklyn, NY 11229?

2981 Avenue T, Brooklyn, NY 11229 has a total of 1,344 square feet.

When was 2981 Avenue T, Brooklyn, NY 11229 last sold and what was the sale price?

2981 Avenue T, Brooklyn, NY 11229 was last sold on 12/15/2015 for $670,000.

What is the assessed value of 2981 Avenue T, Brooklyn, NY 11229?

2981 Avenue T, Brooklyn, NY 11229 is currently assessed at $48,900.

What are the property taxes for 2981 Avenue T, Brooklyn, NY 11229?

The property taxes for 2981 Avenue T, Brooklyn, NY 11229 total $8,493.

How many residential units does this building have?

This building has 2 residential unit(s).

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.