New York City » 11229 » Avenue V » 1238 Avenue V

1238 Avenue V, Brooklyn, NY 11229 - Property report

Also known as: 1238 Avenue V

Property image for 1238 Avenue V, Brooklyn, NY 11229

Property type

Two Family Frame (B2)

Year built

1950

Lot sq. ft.

1,767

General information

Address

Primary address

1238 Avenue V

ZIP code

11229

Neighborhood

Sheepshead Bay

Borough

Brooklyn

Block & lot

07373-0004

Building

Property type

Two Family Frame (B2)

Building sq. ft.

2,088

Building dimensions

22 ft x 36 ft

Buildings on lot

Stories

Year built

1950

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Basement Garage

Tax

Tax year

2026-2027

Property tax

$6,647

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 V (wide)

Distance to wide street

Lot dimensions

22 ft x 80.33 ft

Lot sq. ft.

1,767

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

86 /100. Excellent Transit

Bike score

68 /100. Bikeable

School district

Community district

Closest police station

0.16 Miles

Closest fire station

0.23 Miles

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

Ownership

Ownership information for 1238 Avenue V, 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 1238 Avenue V, Brooklyn, NY 11229

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/30/2015 - R 01/14/2015 - D	Satisfaction of Mortgage (2015011400119001)	XXXXXXX XXXXX X	XXXXXXXX XXXX XXXX
06/13/2002 - R	Mortgage (3360008715336)	XXXXXXX XXXXX XXX	XXXXXXXX XXXXXXXX XXXXXXX XXXX
06/13/2002 - R	Assignment, Mortgage (3180008715818)	XXXXXXXX XXXXXXXX XXXXXXX XXXX	XXXXXXXX XXXX XXXXXXXX
05/31/2002 - R	Satisfaction of Mortgage (3580008444858)	XXXXXXX XXXXX XXX	XXXXXX XXXXXXX XXXX
08/04/1992 - R	Assignment, Mortgage (3710001703371)		XXXXXX XXXX XXXXX XXX
07/01/1992 - R	Satisfaction of Mortgage (3410001696741)	XXXXXXX XXXXXXXX	XXXXXXX XXXX XXXX XXX
03/20/1992 - R	Mortgage (3950001675795)	XXXXXXX XXXXX XXX	XXXXXX XXXXXXX XXXX
05/04/1990 - R	Satisfaction of Mortgage (3510001536351)	XXXXXXXX XXXXX	XXXXX XXXXX XXXX XXXX
03/09/1990 - R	Mortgage (3530001523353)	XXXXXXX XXXXXXXX	XXXXXXX XXXX XXXX XXX
03/09/1990 - R	Deed (3520001523352)	XXXXXXXX XXXXX	XXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1238 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

$6,647

Municipal exemptions

Recent tax assessments

Market value

$1,197,000

Assessed value

$71,820

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	$1,144,000	$68,640	$30,188	19.843%	$6,272	$5,990	+4.72%
2024/25	$984,000	$59,040	$28,479	20.085%	$5,989	$5,720	+6.53%
2023/24	$1,163,000	$69,780	$26,733	20.085%	$5,651	$5,369	-0.88%
2022/23	$1,274,000	$76,440	$26,673	20.309%	$5,714	$5,417	+2.50%
2021/22	$984,000	$59,040	$26,476	19.963%	$5,573	$5,285	+0.73%
2020/21	$1,061,000	$63,660	$24,930	21.045%	$5,543	$5,247	+5.70%
2019/20	$1,110,000	$66,600	$23,449	21.167%	$5,260	$4,963	+7.93%
2018/19	$830,000	$49,800	$21,984	20.919%	$4,904	$4,599	+2.67%
2017/18	$823,000	$49,380	$21,974	20.385%	$4,779	$4,479	+3.20%
2016/17	$732,000	$43,920	$21,713	19.991%	$4,651	$4,341	+8.98%

Permits

Permit information for 1238 Avenue V, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/10/1997	Alteration type 1
12/29/1993	Alteration type 1
04/05/1993	Alteration type 1
04/02/1993	Alteration type 1
10/27/1992	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

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 & Gravesend Neck Rd at NE Corner

Station lines

B-Q

Distance (miles)

0.191

View subway map

Access the detailed traffic volume map for 1238 Avenue V, 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. 153 Homecrest	6	Yes	Public	PK, K-5	486	0.35
P.S. 153 Homecrest	6	Yes	Public	PK, K-5	486	0.35
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.12
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.12
Windmill Montessori School	NR	No	Private	PK-8	99	0.34
Windmill Montessori School	NR	No	Private	PK-8	99	0.34
Nefesh Academy	NR	No	Private	K-12	0	0.39
P.S. 254 Dag Hammarskjold	8	No	Public	PK, K-5	655	0.50
P.S. 254 Dag Hammarskjold	8	No	Public	PK, K-5	655	0.50

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	0.60
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.12
Windmill Montessori School	NR	No	Private	PK-8	99	0.34
Nefesh Academy	NR	No	Private	K-12	0	0.39
Yeshivat Ohel Torah	NR	No	Private	PK-8	199	0.39
St Edmund Elementary School	NR	No	Private	PK-8	187	0.46
P.S. 206 Joseph F Lamb	5	No	Public	K-8	1,512	0.54
P.S. 209 Margaret Mead	6	No	Public	PK, K-8	729	0.68

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	0.12
Torah Academy High School	NR	No	Private	9-12	12	0.27
Torah Academy High School	NR	No	Private	9-12	16	0.28
Harma Inst of Secondary Education	NR	No	Private	12	0	0.36
Nefesh Academy	NR	No	Private	9-12	24	0.38

Frequently asked questions

What is the year built for 1238 Avenue V, Brooklyn, NY 11229?

The development at 1238 Avenue V, Brooklyn, NY 11229 was built in 1950.

What is the total square footage of 1238 Avenue V, Brooklyn, NY 11229?

1238 Avenue V, Brooklyn, NY 11229 has a total of 2,088 square feet.

What is the assessed value of 1238 Avenue V, Brooklyn, NY 11229?

1238 Avenue V, Brooklyn, NY 11229 is currently assessed at $71,820.

What are the property taxes for 1238 Avenue V, Brooklyn, NY 11229?

The property taxes for 1238 Avenue V, Brooklyn, NY 11229 total $6,647.

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.