Kings » 11235 » Avenue Y » 1229 Avenue Y

1229 Avenue Y, Brooklyn, NY 11235 - Property report

Also known as: 1229 Avenue Y

Property image for 1229 Avenue Y, Brooklyn, NY 11235

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1962

Lot sq. ft.

13,000

Sale price

$6,700,000

General information

Address

Primary address

1229 Avenue Y

Alternate address(es)

2469-2483 Homecrest Ave

ZIP code

11235

Neighborhood

Sheepshead Bay

Borough

Brooklyn

Block & lot

07414-0033

Building

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Building sq. ft.

46,087

Building dimensions

88.33 ft x 121.5 ft

Buildings on lot

Stories

Year built

1962

Building material

Sales

Sale date

05/18/2006

Sale price

$6,700,000

Tax

Tax year

2026-2027

Property tax

$205,258

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

89.33 ft x 134.92 ft

Lot sq. ft.

13,000

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

85 /100. Excellent Transit

Bike score

63 /100. Bikeable

School district

Community district

Closest police station

0.29 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 1229 Avenue Y, 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 1229 Avenue Y, Brooklyn, NY 11235

Sale date	Sale price	Buyer name	Seller name
05/18/2006	$6,700,000	XXXX XXXXXXXX, XXX XXX XXXXXXXXXXX XXXXXX, XXX	XXXXXX, XXXX XXX XXXXXX, XXXXXXX XXX XXX XXXXX XXXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/22/2025 - R	UCC3 Continuation (2025092200610001)	XXXX XXXX XXX	XXXXXXXXX XXXX X X
03/29/2021 - R	UCC3 Termination (2021032401045003)	XXXX XXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
03/16/2021 - R	Initial UCC1 (2021031501120001)	XXXX XXXX XXX	XXXXXXXXX XXXX X X
03/29/2021 - R 03/10/2021 - D	Agreement (2021032401045005)	XXXX XXXX XXX	XXXXXXXXX XXXX X X
03/29/2021 - R 03/10/2021 - D	Mortgage (2021032401045004)	XXXX XXXX XXX	XXXXXXXXX XXXX X X
03/29/2021 - R 03/10/2021 - D	Termination of Assign of L&R (2021032401045002)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXX XXXX XXX
03/29/2021 - R 03/10/2021 - D	Assignment, Mortgage (2021032401045001)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXX X X
08/13/2018 - R	Initial UCC1 (2018080701196006)	XXXX XXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/13/2018 - R	UCC3 Termination (2018080701196005)	XXXX XXXX XXX	XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/13/2018 - R 07/20/2018 - D	Assignment of Leases and Rents (2018080701196004)	XXXX XXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1229 Avenue Y, 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

$205,258

Municipal exemptions

Recent tax assessments

Market value

$3,770,000

Assessed value

$1,696,500

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	$3,649,000	$1,642,050	$1,552,920	12.439%	$193,168	$193,168	+2.60%
2024/25	$3,621,000	$1,629,450	$1,506,120	12.5%	$188,265	$188,265	+1.47%
2023/24	$3,957,000	$1,780,650	$1,484,100	12.502%	$185,542	$185,542	+7.84%
2022/23	$3,548,000	$1,596,600	$1,402,560	12.267%	$172,052	$172,052	+16.17%
2021/22	$2,690,000	$1,210,500	$1,210,500	12.235%	$148,105	$148,105	-9.47%
2020/21	$3,129,000	$1,408,050	$1,333,710	12.267%	$163,606	$163,606	+5.56%
2019/20	$3,166,000	$1,424,700	$1,242,540	12.473%	$154,982	$154,982	+9.01%
2018/19	$3,051,000	$1,372,950	$1,127,250	12.612%	$142,169	$142,169	+9.34%
2017/18	$2,973,000	$1,337,850	$1,022,310	12.719%	$130,028	$130,028	+4.76%
2016/17	$2,787,000	$1,254,150	$962,730	12.892%	$124,115	$124,115	+9.79%

Permits

Permit information for 1229 Avenue Y, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/27/2025	Alteration
06/19/2025	Alteration
06/18/2025	Alteration
12/12/2017	Alteration type 2
04/08/2015	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	10/27/2021	Aeuhaz1-fail to certify class 1
	06/03/2021	Bench-failure to benchmark none
	09/16/2020	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

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

0.2

Hurricane evacuation zones

Subway & traffic

Closest station

15th St & Sheepshead Bay Rd at SE Corner

Station lines

B-Q

Distance (miles)

0.253

View subway map

Access the detailed traffic volume map for 1229 Avenue Y, Brooklyn, NY 11235 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

Nearby ZIP codes for 1229 Avenue Y, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11234, New York City, NY 11236, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 1229 Avenue Y, Brooklyn, NY 11235?

The development at 1229 Avenue Y, Brooklyn, NY 11235 was built in 1962.

What is the total square footage of 1229 Avenue Y, Brooklyn, NY 11235?

1229 Avenue Y, Brooklyn, NY 11235 has a total of 46,087 square feet.

When was 1229 Avenue Y, Brooklyn, NY 11235 last sold and what was the sale price?

1229 Avenue Y, Brooklyn, NY 11235 was last sold on 05/18/2006 for $6,700,000.

What is the assessed value of 1229 Avenue Y, Brooklyn, NY 11235?

1229 Avenue Y, Brooklyn, NY 11235 is currently assessed at $1,696,500.

What are the property taxes for 1229 Avenue Y, Brooklyn, NY 11235?

The property taxes for 1229 Avenue Y, Brooklyn, NY 11235 total $205,258.

How many residential units does this building have?

This building has 55 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.