New York City  »  11223  »  Avenue V  »  1118 Avenue V

1118 Avenue V, Brooklyn, NY 11223 - Property report

Also known as: 1118 Avenue V

Property image for 1118 Avenue V, Brooklyn, NY 11223
static Mapbox map

Property type

Two Family Brick (B1)

Year built

1960

Lot sq. ft.

2,000

General information

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Address
Primary address
1118 Avenue V
ZIP code
11223
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07371-0007

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,280
Building dimensions
20 ft x 38 ft
Buildings on lot
1
Stories
3
Year built
1960
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Attached Garage
Tax
Tax year
2026-2027
Property tax
$9,771
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Avenue V (wide)
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
87 /100.  Excellent Transit
Bike score
72 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.10 Miles
Closest fire station
0.17 Miles

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

Ownership information for 1118 Avenue V, Brooklyn, NY

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

Sales history for 1118 Avenue V, Brooklyn, NY 11223

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/05/2020 - R
08/20/2020 - D
Mortgage
(2020092301169001)
XXXXXX XXXXXX XXXX XXX
12/19/2011 - R
12/06/2011 - D
Satisfaction of Mortgage
(2011120601301001)
XXXXXX XXXXXX XXXX XX XXXXXXX XX
04/03/2009 - R
03/19/2009 - D
Satisfaction of Mortgage
(2009031901101002)
XXXXXXX XXXX XXXXXXXXXXXX XXX
04/03/2009 - R
03/06/2009 - D
Assignment, Mortgage
(2009031901101001)
XXX XXXX XXXXXXXX XXXXX XXX XXX XXXX XXXXXXXX XXXXX XXX
04/09/2002 - R Mortgage
(3280008355628)
XXXXXX XXXXXX XXXXXXX XXXX XX
04/10/2001 - R Mortgage
(3990007600499)
XXXXXX XXXXXX XXX XXXX XXXXXXXX XXXXX XXX
04/10/2001 - R Agreement
(3440007600244)
01/10/2001 - R Mortgage
(3450007472145)
XXXXXXX XXXX XXX XXXXXXXX XXXXXXXXXX
11/28/2000 - R Satisfaction of Mortgage
(3110007421711)
XXXXXXXX XXXXXXX
01/10/2001 - R
09/07/2000 - D
Deed
(3890007471389)
XXXXXXX XXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1118 Avenue V, 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
$9,771
Municipal exemptions
Recent tax assessments
Market value
$1,246,000
Assessed value
$74,760

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 $1,431,000 $85,860 $46,354 19.843% $9,480 $9,198 -1.38%
2024/25 $1,310,000 $78,600 $46,434 20.085% $9,595 $9,326 +0.91%
2023/24 $1,175,000 $70,500 $46,013 20.085% $9,523 $9,242 +5.17%
2022/23 $966,000 $57,960 $43,270 20.309% $9,084 $8,788 +8.00%
2021/22 $932,000 $55,920 $40,760 19.963% $8,424 $8,137 +0.68%
2020/21 $1,130,000 $67,800 $38,402 21.045% $8,378 $8,082 -0.60%
2019/20 $1,078,000 $64,680 $38,412 21.167% $8,427 $8,131 +2.15%
2018/19 $1,019,000 $61,140 $38,051 20.919% $8,265 $7,960 +9.06%
2017/18 $972,000 $58,320 $35,805 20.385% $7,599 $7,299 +8.61%
2016/17 $797,000 $47,820 $33,617 19.991% $7,030 $6,720 +8.77%

Permit information for 1118 Avenue V, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/03/2021 Alteration

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Homecrest residential market stats

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

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% 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

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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 & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.281

Access the detailed traffic volume map for 1118 Avenue V, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 153 Homecrest 6 Yes Public PK, K-5 486 0.36
P.S. 153 Homecrest 6 Yes Public PK, K-5 486 0.36
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.16
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.16
Windmill Montessori School NR No Private PK-8 99 0.38
Windmill Montessori School NR No Private PK-8 99 0.38
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.46
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 234 Arthur W Cunningham 8 Yes Public 6-8 1,342 0.65
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.16
Windmill Montessori School NR No Private PK-8 99 0.38
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.46
Ahaba Ve Ahava NR No Private PK, K-10 93 0.46
Nefesh Academy NR No Private K-12 0 0.46
P.S. 206 Joseph F Lamb 5 No Public K-8 1,512 0.64
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.64
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.16
Torah Academy High School NR No Private 9-12 12 0.22
Torah Academy High School NR No Private 9-12 16 0.23
Harma Inst of Secondary Education NR No Private 12 0 0.28
Ahaba Ve Ahava NR No Private PK, K-10 93 0.46

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

Frequently asked questions

What is the year built for 1118 Avenue V, Brooklyn, NY 11223?

The development at 1118 Avenue V, Brooklyn, NY 11223 was built in 1960.

What is the total square footage of 1118 Avenue V, Brooklyn, NY 11223?

1118 Avenue V, Brooklyn, NY 11223 has a total of 2,280 square feet.

What is the assessed value of 1118 Avenue V, Brooklyn, NY 11223?

1118 Avenue V, Brooklyn, NY 11223 is currently assessed at $74,760.

What are the property taxes for 1118 Avenue V, Brooklyn, NY 11223?

The property taxes for 1118 Avenue V, Brooklyn, NY 11223 total $9,770.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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