Kings  »  11234  »  Flatbush Ave  »  1987 Flatbush Ave

1987 Flatbush Avenue, Brooklyn, NY 11234 - Property report

Also known as: 1987 Flatbush Ave

Property image for 1987 Flatbush Avenue, Brooklyn, NY 11234
static Mapbox map

Property type

Banking Facilities with or without Parking (K7)

Year built

1926

Lot sq. ft.

3,000

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1987 Flatbush Avenue
Alternate address(es)
3863-3873 Flatlands Ave
ZIP code
11234
Neighborhood
Flatlands
Borough
Brooklyn
Block & lot
07821-0022

Owner

Find out who owns 1987 Flatbush Avenue, Brooklyn, NY 11234. Uncover corporate and individual owners with a free account.

Building
Property type
Banking Facilities with or without Parking (K7)
Building sq. ft.
8,520
Building dimensions
30 ft x 100 ft
Buildings on lot
1
Stories
2
Year built
1926
Building material
Tax
Tax year
2026-2027
Property tax
$62,328
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
30 ft x 100 ft
Lot sq. ft.
3,000

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
80 /100.  Excellent Transit
Bike score
54 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.54 Miles
Closest fire station
0.56 Miles

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

Ownership

Ownership information for 1987 Flatbush Avenue, 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 1987 Flatbush Avenue, Brooklyn, NY 11234

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/13/2014 - R
10/06/2014 - D		 Easement
(2014102900861001)		 XXXXXXXX XXXXX XXXX X X XXXXXXXX XXXXXXX XXX
08/16/2013 - R
07/31/2013 - D		 Easement
(2013073100592001)		 XXXXXXXX XXXXXX XXXX X X XXXXXXXX XXXXXXXX XXX
10/30/1986 - R Uniform Commercial Code 3
(3170001841417)		 XXXXXXXXXXXXX XXX XXXXX XXXXXXXX XXXXXXX XXXX XX
03/03/1982 - R Uniform Commercial Code 1
(3790001827979)		 XXXXXXXXXXXXX XXX XXXX
01/27/1982 - R Uniform Commercial Code 1
(3150001827915)		 XXXXXXXXXXXXX XXX XXXX
05/10/1971 - R Sundry Agreement
(37130048100060)		 XXXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1987 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
$62,328
Municipal exemptions
Recent tax assessments
Market value
$1,428,000
Assessed value
$642,600

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 $1,332,000 $599,400 $538,110 10.848% $58,374 $58,374 +0.45%
2024/25 $1,357,000 $610,650 $540,000 10.762% $58,115 $58,115 +5.20%
2023/24 $1,159,000 $521,550 $521,550 10.592% $55,243 $55,243 +4.07%
2022/23 $1,108,000 $498,600 $498,600 10.646% $53,081 $53,081 +7.21%
2021/22 $1,023,000 $460,350 $460,350 10.755% $49,511 $49,511 -12.80%
2020/21 $1,353,000 $608,850 $530,910 10.694% $56,776 $56,776 +7.83%
2019/20 $1,300,000 $585,000 $499,677 10.537% $52,651 $52,651 +6.70%
2018/19 $1,145,000 $515,250 $469,347 10.514% $49,347 $49,347 +4.45%
2017/18 $1,079,000 $485,550 $449,339 10.514% $47,244 $47,244 +3.67%
2016/17 $1,022,000 $459,900 $430,970 10.574% $45,571 $45,571 +2.95%
Permits

Permit information for 1987 Flatbush Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/14/2019 Alteration
01/03/2019 Alteration
05/27/2014 Alteration type 1
07/05/2013 Alteration type 3
07/05/2013 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
04/03/2019 Aeuhaz1-fail to certify class 1
12/12/2017 E-elevator elevatorrequired
09/15/2017 Evcat1-elevator annual inspection / test

*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
4

Subway & traffic

Closest station
Nostrand Ave & Avenue H at NE Corner
Station lines
2-5
Distance (miles)
0.967
View subway map

Access the detailed traffic volume map for 1987 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

Neighbors for 1987 Flatbush Avenue, Brooklyn, NY

20 Lott Pl, Brooklyn 24 Lott Pl, Brooklyn 3891 Flatlands Ave, Brooklyn 3915 Flatlands Ave, Brooklyn 1951 Flatbush Ave, Brooklyn 23 Harden St, Brooklyn 32 Lott Pl, Brooklyn 3885 Flatlands Ave, Brooklyn 3887 Flatlands Ave, Brooklyn 16 Lott Pl, Brooklyn 26 Lott Pl, Brooklyn 3879 Flatlands Ave, Brooklyn 14 Lott Pl, Brooklyn 22 Lott Pl, Brooklyn 38 Lott Pl, Brooklyn 3957 Flatlands Ave, Brooklyn 1963 Flatbush Ave, Brooklyn 3883 Flatlands Ave, Brooklyn 21 Harden St, Brooklyn 36 Lott Pl, Brooklyn

Nearby ZIP codes for 1987 Flatbush Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11207, New York City, NY 11208, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11218, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11235, New York City, NY 11236, New York City, NY 11239, New York City, NY 11694, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 1987 Flatbush Avenue, Brooklyn, NY 11234?

The development at 1987 Flatbush Avenue, Brooklyn, NY 11234 was built in 1926.

What is the market value of 1987 Flatbush Avenue, Brooklyn, NY 11234?

The current market value of 1987 Flatbush Avenue, Brooklyn, NY 11234 is $1,428,000.

What is the total square footage of 1987 Flatbush Avenue, Brooklyn, NY 11234?

1987 Flatbush Avenue, Brooklyn, NY 11234 has a total of 8,520 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account