New York City  »  11234  »  Flatbush Ave  »  1959 Flatbush Ave

1959 Flatbush Avenue, Brooklyn, NY 11234 - Property report

Also known as: 1959 Flatbush Ave

Property image for 1959 Flatbush Avenue, Brooklyn, NY 11234
static Mapbox map

Property type

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

Year built

1931

Lot sq. ft.

1,800

Sale price

$950,000

General information

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Address
Primary address
1959 Flatbush Avenue
ZIP code
11234
Neighborhood
Flatlands
Borough
Brooklyn
Block & lot
07820-0048

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
2,916
Building dimensions
18 ft x 62 ft
Buildings on lot
1
Stories
2
Year built
1931
Building material
Sales
Sale date
10/31/2024
Sale price
$950,000
Tax
Tax year
2026-2027
Property tax
$16,451
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
18 ft x 100 ft
Lot sq. ft.
1,800

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
80 /100.  Excellent Transit
Bike score
55 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.48 Miles
Closest fire station
0.62 Miles

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Ownership information for 1959 Flatbush Avenue, Brooklyn, NY

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

Sales history for 1959 Flatbush Avenue, Brooklyn, NY 11234

Title documents

Date Type Amount Party 1 Party 2
11/07/2024 - R
10/31/2024 - D
Deed
(2024110100813003)
XXXX XXXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXXX
11/07/2024 - R
10/16/2024 - D
Power of Attorney
(2024110100813001)
XXXXXXXXX XXXXXX XXXXXXX XXXXXX
11/07/2024 - R
10/15/2024 - D
Power of Attorney
(2024110100813002)
XXXXXXXXX XXXXXXX XXXXXXX XXXXXX
06/28/2017 - R
06/26/2017 - D
Deed
(2017062800141001)
XXXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXXX
12/02/2014 - R
11/04/2014 - D
Deed
(2014110600564001)
XXXXX XXXXXXXX XXXXXXX XXXXXXX XXXXXX
01/02/2013 - R
08/27/2012 - D
Deed
(2012122400570001)
XXXXXX XX XXXXX XXXXXXXXX XX XXXXXX XXXXXXXXX XXXXXXXXX XXXXXX
06/13/2011 - R
06/02/2011 - D
Deed
(2011060301011001)
XXXX XXXXXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXXX
10/27/2009 - R
05/26/2009 - D
Deed
(2009082400623001)
XXXXXXXX XXXXXX XX XXXXXXXX XXXXXXXX XXXXXX XX XXXXXXX XXX XXX
07/02/2007 - R
03/05/2007 - D
Deed
(2007062601448001)
XXXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXX
12/03/2007 - R
04/07/2006 - D
Deed
(2007112900730001)
XXXXX XXXXXXX XXXXXXXX XXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1959 Flatbush 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
$16,451
Municipal exemptions
Recent tax assessments
Market value
$353,000
Assessed value
$158,850

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 $342,000 $153,900 $147,600 10.848% $16,012 $16,012 -2.18%
2024/25 $338,000 $152,100 $152,100 10.762% $16,369 $16,369 +4.07%
2023/24 $330,000 $148,500 $148,500 10.592% $15,729 $15,729 +1.96%
2022/23 $322,000 $144,900 $144,900 10.646% $15,426 $15,426 +3.49%
2021/22 $308,000 $138,600 $138,600 10.755% $14,906 $14,906 -12.99%
2020/21 $401,000 $180,450 $160,200 10.694% $17,132 $17,132 +7.79%
2019/20 $383,000 $172,350 $150,840 10.537% $15,894 $15,894 +8.65%
2018/19 $351,000 $157,950 $139,140 10.514% $14,629 $14,629 +5.46%
2017/18 $334,000 $150,300 $131,940 10.514% $13,872 $13,872 +7.18%
2016/17 $311,000 $139,950 $122,400 10.574% $12,943 $12,943 +7.02%

Permit information for 1959 Flatbush Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/06/2024 Alteration

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Nostrand Ave & Avenue H at NE Corner
Station lines
2-5
Distance (miles)
0.904

Access the detailed traffic volume map for 1959 Flatbush 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 1959 Flatbush Avenue, Brooklyn, NY 11234?

The development at 1959 Flatbush Avenue, Brooklyn, NY 11234 was built in 1931.

What is the market value of 1959 Flatbush Avenue, Brooklyn, NY 11234?

The current market value of 1959 Flatbush Avenue, Brooklyn, NY 11234 is $353,000.

What is the total square footage of 1959 Flatbush Avenue, Brooklyn, NY 11234?

1959 Flatbush Avenue, Brooklyn, NY 11234 has a total of 2,916 square feet.

What is the price per square foot for this property?

$325 per square foot is the price for 1959 Flatbush Avenue, Brooklyn, NY 11234.

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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