New York City  »  11229  »  Gravesend Neck Rd  »  1318 Gravesend Neck Rd

1318 Gravesend Neck Road, Brooklyn, NY 11229 - Property report

Also known as: 1318 Gravesend Neck Rd

Property image for 1318 Gravesend Neck Road, Brooklyn, NY 11229
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1930

Lot sq. ft.

1,580

Sale price

$450,000

General information

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Address
Primary address
1318 Gravesend Neck Road
Alternate address(es)
1318 Neck Rd
ZIP code
11229
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07398-0088

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
1,816
Building dimensions
20.17 ft x 45 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Sales
Sale date
04/12/2011
Sale price
$450,000
Tax
Tax year
2026-2027
Property tax
$13,727
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20.17 ft x 80.33 ft
Lot sq. ft.
1,580

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
85 /100.  Excellent Transit
Bike score
64 /100.  Bikeable
School district
21
Community district
15
Closest police station
0.17 Miles
Closest fire station
0.38 Miles

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Ownership information for 1318 Gravesend Neck Road, Brooklyn, NY

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

Sales history for 1318 Gravesend Neck Road, Brooklyn, NY 11229

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/02/2011 - R
05/12/2011 - D
Discharge of Tax Lien
(2011052300460001)
XXX XXXX XX XXX XXXX XXXXXX
06/02/2011 - R
04/18/2011 - D
Satisfaction of Mortgage
(2011051001076001)
XXXXXX XXXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
04/20/2011 - R
04/12/2011 - D
Deed
(2011041200747001)
X X X XXXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XX XXXXXX XXX X
08/18/2010 - R
08/05/2010 - D
Tax Lien Sale Certificate
(2010081100369001)
XXX XXXX XX XXX XXXX XXX XXXX XX XXX XXXX XXXXXX
08/16/2006 - R
06/07/2006 - D
Deed
(2006071000518001)
XXXXXX XXXXXXXXX XXX XXXXXXXXX XXXX XXXXXX XXXXXXX XXXXXXXXXXX
02/14/2005 - R
10/14/2004 - D
Mortgage
(2004123000467002)
XXXXXX XXXXXXXXX XXXXXXXX XXXXX XXXX
02/14/2005 - R
10/14/2004 - D
Deed
(2004123000467001)
XXXXXXXXX XXXX XXXX XXXXXX XXXXXXXXX
08/05/2004 - R
06/21/2004 - D
Satisfaction of Mortgage
(2004071200898002)
XXXXXXXXXX XXXXXXXX XXXX
08/05/2004 - R
06/21/2004 - D
Termination of Assign of L&R
(2004071200898001)
XXXXXXXXXX XXXXXX XXXXXXXXXX XXXXXXXX XXXX
09/28/2004 - R
05/26/2004 - D
Deed
(2004060700775001)
XXXXXX XXXXXX XXXXXXXXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1318 Gravesend Neck Road, 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
$13,727
Municipal exemptions
Recent tax assessments
Market value
$289,000
Assessed value
$130,050

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 $299,000 $134,550 $119,790 10.848% $12,995 $12,995 +1.79%
2024/25 $290,000 $130,500 $118,620 10.762% $12,766 $12,766 +3.01%
2023/24 $275,000 $123,750 $117,000 10.592% $12,393 $12,393 +2.25%
2022/23 $253,000 $113,850 $113,850 10.646% $12,120 $12,120 +17.03%
2021/22 $214,000 $96,300 $96,300 10.755% $10,357 $10,357 -24.06%
2020/21 $286,000 $128,700 $127,530 10.694% $13,638 $13,638 +5.74%
2019/20 $272,000 $122,400 $122,400 10.537% $12,897 $12,897 +1.11%
2018/19 $317,000 $142,650 $121,320 10.514% $12,756 $12,756 +6.06%
2017/18 $281,000 $126,450 $114,390 10.514% $12,027 $12,027 +1.43%
2016/17 $261,000 $117,450 $112,140 10.574% $11,858 $11,858 -0.69%

Permit information for 1318 Gravesend Neck Road, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/26/2004 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*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
2

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.098

Access the detailed traffic volume map for 1318 Gravesend Neck Road, 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 1318 Gravesend Neck Road, Brooklyn, NY 11229?

The development at 1318 Gravesend Neck Road, Brooklyn, NY 11229 was built in 1930.

What is the market value of 1318 Gravesend Neck Road, Brooklyn, NY 11229?

The current market value of 1318 Gravesend Neck Road, Brooklyn, NY 11229 is $289,000.

What is the total square footage of 1318 Gravesend Neck Road, Brooklyn, NY 11229?

1318 Gravesend Neck Road, Brooklyn, NY 11229 has a total of 1,816 square feet.

What is the price per square foot for this property?

$247 per square foot is the price for 1318 Gravesend Neck Road, 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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