Kings  »  11235  »  E 29th St  »  2427 E 29th St

Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 - Property report

Also known as: 2427 E 29th St

Property image for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235
static Mapbox map

Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1955

Lot sq. ft.

64,500

General information

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Address
Building name
Sheepshead Terrace
Primary address
Sheepshead Terrace - 2427 East 29th Street
ZIP code
11235
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07422-1042

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
210,028
Building dimensions
260 ft x 85.92 ft
Buildings on lot
1
Stories
6
Year built
1955
Last altered
2011
Building material
Sales
Sale date
04/21/2015
Sale price
$105,000
Tax
Tax year
2026-2027
Property tax
$671,047
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
169
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
600 ft x 105 ft
Lot sq. ft.
64,500

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
72 /100.  Excellent Transit
Bike score
64 /100.  Bikeable
School district
22
Community district
15
Closest police station
0.98 Miles
Closest fire station
0.68 Miles

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

Ownership

Ownership information for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY

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

Sales history for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/28/2023 - R UCC3 Termination
(2023032800361001)		 XXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX
12/28/2018 - R
12/20/2018 - D		 Subordination of Mortgage
(2018122600847005)		 XXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXX X X
12/28/2018 - R
12/20/2018 - D		 Asgn of Asgn of L&R
(2018122600847004)		 XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
12/28/2018 - R
12/20/2018 - D		 Assignment, Mortgage
(2018122600847003)		 XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXX X X
12/28/2018 - R
12/20/2018 - D		 Assignment of Leases and Rents
(2018122600847002)		 XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
12/28/2018 - R
12/20/2018 - D		 Mortgage
(2018122600847001)		 XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XXXXXXXXXXX XXXX
12/13/2017 - R UCC3 Termination
(2017121300424001)		 XXXXXX XXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX
11/14/2017 - R
06/22/2017 - D		 Asgn of Asgn of L&R
(2017110801338002)		 XXXXXXXX XXXXXXXXXXX XXXX X X XXXXXX XXX
11/14/2017 - R
06/22/2017 - D		 Assignment, Mortgage
(2017110801338001)		 XXXXXXXX XXXXXXXXXXX XXXX X X XXXXXX XXX
09/19/2017 - R
05/23/2017 - D		 Satisfaction of Mortgage
(2017082301172002)		 XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Sheepshead Terrace - 2427 East 29th Street, 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
$671,047
Municipal exemptions
Recent tax assessments
Market value
$19,237,000
Assessed value
$8,656,650

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 $18,340,000 $8,253,000 $6,191,957 12.439% $829,098 $573,025 +6.98%
2024/25 $16,609,000 $7,474,050 $5,713,055 12.5% $771,694 $535,613 +7.53%
2023/24 $14,572,000 $6,557,400 $5,276,552 12.502% $719,631 $498,117 +7.19%
2022/23 $13,795,000 $6,207,750 $4,891,087 12.267% $671,063 $464,686 +18.55%
2021/22 $10,743,000 $4,834,350 $4,309,474 12.235% $591,483 $391,961 -30.31%
2020/21 $12,876,000 $5,794,200 $4,584,932 12.267% $635,391 $562,434 +5.22%
2019/20 $11,971,000 $5,386,950 $4,285,616 12.473% $609,847 $534,545 +5.95%
2018/19 $11,398,000 $5,129,100 $4,000,256 12.612% $583,477 $504,512 +3.57%
2017/18 $11,430,000 $5,143,500 $3,830,061 12.719% $561,537 $487,145 +2.13%
2016/17 $9,877,000 $4,444,650 $3,699,703 12.892% $557,062 $476,966 +2.63%
Permits

Permit information for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/08/2026 Alteration
04/10/2023 Alteration
03/20/2023 Alteration
10/21/2022 Alteration
06/23/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/11/2021 E-elevator elevatorrequired
11/11/2021 E-elevator elevatorrequired
11/11/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

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)
0.757
View subway map

Access the detailed traffic volume map for Sheepshead Terrace - 2427 East 29th Street, 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

Neighbors for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY

2959 Avenue Y, Brooklyn 2908 Avenue X, Brooklyn 3768 Nostrand Ave, Brooklyn 3696 Nostrand Ave, Brooklyn 4497 Bedford Ave, Brooklyn 2464 Batchelder St, Brooklyn 2962 Avenue X, Brooklyn 3716 Nostrand Ave, Brooklyn 2413 E 28th St, Brooklyn 2020 Avenue X, Brooklyn 2424 Batchelder St, Brooklyn 3714 Nostrand Ave, Brooklyn 2906 Avenue X, Brooklyn 3752 Nostrand Ave, Brooklyn 2425 Haring St, Brooklyn 2912 Avenue X, Brooklyn 2904 Avenue X, Brooklyn 2206 Avenue X, Brooklyn 2472 E 26th St, Brooklyn 2460 Batchelder St, Brooklyn

Nearby ZIP codes for Sheepshead Terrace - 2427 East 29th Street, 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 Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235?

The development at Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 was built in 1955.

What is the total square footage of Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235?

Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 has a total of 210,028 square feet.

When was Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 last sold and what was the sale price?

Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 was last sold on 04/21/2015 for $105,000.

What is the assessed value of Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235?

Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 is currently assessed at $8,656,650.

What are the property taxes for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235?

The property taxes for Sheepshead Terrace - 2427 East 29th Street, Brooklyn, NY 11235 total $862,284.

How many residential units does this building have?

This building has 169 residential unit(s).

Disclaimer

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