Kings  »  11234  »  Flatlands Ave  »  3702 Flatlands Ave

3702 Flatlands Avenue, Brooklyn, NY 11234 - Property report

Also known as: 1505 E 37th St

Property image for 3702 Flatlands Avenue, Brooklyn, NY 11234
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1930

Lot sq. ft.

1,980

Sale price

$1,300,000

General information

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Address
Primary address
3702 Flatlands Avenue
Alternate address(es)
1505 E 37th St
ZIP code
11234
Neighborhood
Marine Park
Borough
Brooklyn
Block & lot
07699-0039

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
4,950
Building dimensions
22 ft x 75 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
03/23/2018
Sale price
$1,300,000
Tax
Tax year
2026-2027
Property tax
$19,684
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
22 ft x 90 ft
Lot sq. ft.
1,980

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
81 /100.  Excellent Transit
Bike score
59 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.66 Miles
Closest fire station
0.61 Miles

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Ownership information for 3702 Flatlands Avenue, Brooklyn, NY

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

Sales history for 3702 Flatlands Avenue, Brooklyn, NY 11234

Sale date Sale price Buyer name Seller name
03/23/2018 $1,300,000 XXX XXXXX XXXXXXXX XXXXX XXX XXXX XXXXXXXX XXX
07/08/2009 $930,000 XXXX XXXXXXXX, XXX XXXXXXXXXXX, XXXXXXX
09/28/2005 $525,000 XXXXXXXXXXX , XXXXXXX XXXXXXX , XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/28/2022 - R
09/08/2022 - D
Assignment of Leases and Rents
(2022092601068001)
XXX XXXXXXX XXX XXXXXXXXXX XXXX
09/21/2022 - R
09/08/2022 - D
Mortgage
(2022091900988001)
XXX XXXXXXX XXX XXXXXXXXXX XXXX
10/21/2019 - R
10/04/2019 - D
Deed
(2019102100477001)
XXX XXXXX XXXXXXXX XXX XXX XXXXXXX XXX
05/23/2018 - R UCC3 Termination
(2018040200130001)
XXXX XXXXXXXX XXX XXXXXXXXXXX XXXXXXX
06/04/2018 - R
05/08/2018 - D
Discharge of Tax Lien
(2018053101190001)
XXX XXXX XX XXX XXXX XXXXXX
05/04/2018 - R
04/18/2018 - D
Discharge of Tax Lien
(2018042601280001)
XXX XXXX XX XXX XXXX XXXXXX
05/15/2018 - R
03/23/2018 - D
Deed
(2018040200095001)
XXXX XXXXXXXX XXX XXX XXXXX XXXXXXXX XXXXX XXX
05/23/2018 - R
03/22/2018 - D
Termination of Assign of L&R
(2018040200130003)
XX XXXXXXXX XXX XXXXXXXXXXX XXXXXXX
05/23/2018 - R
03/22/2018 - D
Satisfaction of Mortgage
(2018040200130002)
XXXX XXXXXXXX XXX XXXXXXXXXXX XXXXXXX
08/15/2017 - R
08/10/2017 - D
Tax Lien Sale Certificate
(2017081401053001)
XXXX XX XXX XXXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 3702 Flatlands Avenue, 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
$19,684
Municipal exemptions
Recent tax assessments
Market value
$704,000
Assessed value
$316,800

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 $587,000 $264,150 $158,246 12.439% $19,684 $19,684 +7.25%
2024/25 $541,000 $243,450 $146,827 12.5% $18,353 $18,353 +3.41%
2023/24 $502,000 $225,900 $141,967 12.502% $17,749 $17,749 +10.07%
2022/23 $544,000 $244,800 $131,451 12.267% $16,125 $16,125 +8.27%
2021/22 $640,000 $288,000 $121,728 12.235% $14,893 $14,893 -0.26%
2020/21 $640,000 $288,000 $121,728 12.267% $14,932 $14,932 +6.00%
2019/20 $800,000 $360,000 $112,944 12.473% $14,088 $14,088 +2.28%
2018/19 $1,000,000 $450,000 $109,205 12.612% $13,773 $13,773 +7.09%
2017/18 $909,000 $409,050 $101,116 12.719% $12,861 $12,861 +6.54%
2016/17 $727,000 $327,150 $93,637 12.892% $12,072 $12,072 +0.07%

Permit information for 3702 Flatlands Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/29/2021 Alteration type 3
10/28/2020 Alteration
07/16/2020 Alteration type 2
03/16/2020 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/19/2003 Ll6291-local law 62/91 - boilers

*Most recent DOB violation 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
5

Subway & traffic

Closest station
Nostrand Ave & Avenue H at NE Corner
Station lines
2-5
Distance (miles)
1.031

Access the detailed traffic volume map for 3702 Flatlands Avenue, Brooklyn, NY 11234 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 3702 Flatlands Avenue, Brooklyn, NY 11234?

The development at 3702 Flatlands Avenue, Brooklyn, NY 11234 was built in 1930.

What is the market value of 3702 Flatlands Avenue, Brooklyn, NY 11234?

The current market value of 3702 Flatlands Avenue, Brooklyn, NY 11234 is $704,000.

What is the total square footage of 3702 Flatlands Avenue, Brooklyn, NY 11234?

3702 Flatlands Avenue, Brooklyn, NY 11234 has a total of 4,950 square feet.

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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