New York City  »  11229  »  Avenue U  »  1507 Avenue U

1507 Avenue U, Brooklyn, NY 11229 - Property report

Also known as: 1507 Avenue U

Property image for 1507 Avenue U, Brooklyn, NY 11229
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1925

Lot sq. ft.

1,969

Sale price

$2,152,500

General information

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Address
Primary address
1507 Avenue U
ZIP code
11229
Neighborhood
Homecrest
Borough
Brooklyn
Block & lot
07320-0046

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,435
Building dimensions
18.75 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
09/23/2019
Sale price
$2,152,500
Tax
Tax year
2026-2027
Property tax
$10,575
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
18.75 ft x 105 ft
Lot sq. ft.
1,969

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
82 /100.  Excellent Transit
Bike score
59 /100.  Bikeable
School district
21
Community district
15
Closest police station
0.38 Miles
Closest fire station
0.31 Miles

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

Ownership information for 1507 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 1507 Avenue U, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
09/23/2019 $2,152,500 XXXXX XXXXXX XXX XXX, XX XXXX XXX XXX, XXXXXX X XXX XXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/24/2019 - R UCC3 Termination
(2019101600971003)
XXX XXXXXX X XXXXXXXX XXXXXXX XXXX XXX
10/24/2019 - R
10/16/2019 - D
Termination of Assign of L&R
(2019101600971002)
XXXXXXXX XXXXXXX XXXX XXX XXX XXXXXX X
10/24/2019 - R
10/16/2019 - D
Satisfaction of Mortgage
(2019101600971001)
XXX XXXXXX X XXXXXXXX XXXXXXX XXXX XXX
10/08/2019 - R
09/23/2019 - D
Deed
(2019093000855001)
XXX XX XXXX XXXXX XXXXXX XXX
09/12/2018 - R
05/17/2018 - D
Court Order
(2018091200532001)
XXX XX XXXX
09/26/2017 - R UCC3 Continuation
(2017091900110001)
XXX XXXXXX X XXXXXXXX XXXX
03/01/2013 - R Initial UCC1
(2013012201048003)
XXX XXXXXX X XXXXXXXX XXXXXXX XXXX XXX
03/01/2013 - R
01/18/2013 - D
Assignment of Leases and Rents
(2013012201048002)
XXX XXXXXX X XXXXXXXX XXXXXXX XXXX XXX
03/01/2013 - R
01/18/2013 - D
Mortgage
(2013012201048001)
XXX XXXXXX X XXXXXXXX XXXXXXX XXXX XXX
12/06/2011 - R
11/16/2011 - D
Deed
(2011112200765001)
XXX XX XXXX XXX XXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1507 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
$10,575
Municipal exemptions
Recent tax assessments
Market value
$1,655,000
Assessed value
$99,300

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 $1,702,000 $102,120 $50,480 19.843% $10,017 $10,017 +4.72%
2024/25 $1,585,000 $95,100 $47,623 20.085% $9,565 $9,565 +6.00%
2023/24 $1,401,000 $84,060 $44,928 20.085% $9,024 $9,024 +0.05%
2022/23 $1,292,000 $77,520 $44,410 20.309% $9,019 $9,019 +1.73%
2021/22 $1,182,000 $70,920 $44,410 19.963% $8,866 $8,866 +0.15%
2020/21 $1,181,000 $70,860 $42,067 21.045% $8,853 $8,853 +5.39%
2019/20 $1,027,000 $61,620 $39,686 21.167% $8,400 $8,400 +7.26%
2018/19 $856,000 $51,360 $37,440 20.919% $7,832 $7,832 +3.82%
2017/18 $798,000 $47,880 $37,008 20.385% $7,544 $7,544 +1.97%
2016/17 $742,000 $44,520 $37,008 19.991% $7,398 $7,398 +7.93%

Permit information for 1507 Avenue U, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/04/2025 Alteration
09/09/2021 Alteration
07/14/2021 Alteration
06/25/2021 Alteration
04/13/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/22/2020 Imegncy-immediate emergency
09/16/1997 Ll6291-local law 62/91 - boilers
09/16/1997 Ll6291-local law 62/91 - boilers

*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
4

Subway & traffic

Closest station
15th St & Avenue U at SE Corner
Station lines
B-Q
Distance (miles)
0.017

Access the detailed traffic volume map for 1507 Avenue U, 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

Frequently asked questions

What is the year built for 1507 Avenue U, Brooklyn, NY 11229?

The development at 1507 Avenue U, Brooklyn, NY 11229 was built in 1925.

What is the market value of 1507 Avenue U, Brooklyn, NY 11229?

The current market value of 1507 Avenue U, Brooklyn, NY 11229 is $1,655,000.

What is the total square footage of 1507 Avenue U, Brooklyn, NY 11229?

1507 Avenue U, Brooklyn, NY 11229 has a total of 3,435 square feet.

What is the price per square foot for this property?

$626 per square foot is the price for 1507 Avenue U, Brooklyn, NY 11229.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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