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885 East 51st Street, Brooklyn, NY 11203 Property Information

885 East 51st Street, Brooklyn, NY 11203 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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885 East 51st Street, Brooklyn, NY 11203 1
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Address

Primary address 885 East 51st Street
Secondary address 885-895 E 51st St
Neighborhood East Flatbush
Zip code 11203
Borough Brooklyn
Block & lot 07947-0028

Sales & Tax Overview for 885 East 51st Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/13/2004
Purchase price $600,000
Tax class
Estimated property tax $46,368

Lot & Building Information for 885 East 51st Street, Brooklyn

Lot sq. ft. 9,973
Lot dimensions 100 ft x 99.8 ft
Property type Factory - Light Manufacturing (F5)
Building sqft 9,973
Building dimensions 100 ft x 99.8 ft
Buildings on lot 1
Stories 1
Year built 1950
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Zoning & Use for 885 East 51st Street, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 18
Community district 17
Closest police station 1.05 Miles
Closest fire station 0.75 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 885 East 51st Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 885 East 51st Street, Brooklyn, NY 11203, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 885 East 51st Street, Brooklyn, NY 11203, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 885-895 E 51st St, Brooklyn, NY 11203

About 885 East 51st Street, Brooklyn

How many square feet does 885 East 51st Street, Brooklyn, NY 11203 have?

This Factory - Light Manufacturing (F5) located at 885 East 51st Street, Brooklyn, NY 11203 has a total of 9,973 square feet.

What is the year built & the current market value of 885 East 51st Street, Brooklyn, NY 11203?

885 East 51st Street, Brooklyn, NY 11203 was built in 1950 and has a current tax assessor's market value of $995,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 885 East 51st Street, Brooklyn

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Property owner name for 885 East 51st Street, Brooklyn, NY 11203
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Building contacts for 885 East 51st Street, Brooklyn, NY 11203
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 885 East 51st Street, Brooklyn

Create a free account to view the complete sales history for 885 East 51st Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/13/2004 $600,000

Title Documents for 885 East 51st Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
09/17/2025 - D
10/08/2025 - R
Mortgage
(2025100700865001)
10/07/2021 - R Initial UCC1
(2021100601402001)
10/16/2015 - R Initial UCC1
(2015101300228007)
09/22/2015 - D
10/16/2015 - R
Assignment of Leases and Rents
(2015101300228005)
09/22/2015 - D
10/16/2015 - R
Mortgage
(2015101300228004)
09/22/2015 - D
10/16/2015 - R
Assignment of Leases and Rents
(2015101300228003)
09/22/2015 - D
10/16/2015 - R
Mortgage and Consolidation
(2015101300228002)
09/15/2015 - D
10/16/2015 - R
Termination of Assign of L&R
(2015101300228006)
09/15/2015 - D
10/16/2015 - R
Assignment, Mortgage
(2015101300228001)
03/06/2015 - D
05/01/2015 - R
Asgn of Asgn of L&R
(2015042701450001)
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R: Recorded date
D: Document date

Property Taxes for 885 East 51st Street, Brooklyn

Access detailed property tax data for 885 East 51st Street, Brooklyn, NY 11203. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $44,299
Estimated property tax: $46,368
Tax assessor's market value: $995,000
Assessed value: $447,750

Assessment History for 885 East 51st Street, Brooklyn

Here's the assessment & property tax history for 885 East 51st Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $995,000 $447,750 $408,360 10.848% $44,299 $44,299 +1.55%
2024/25 $982,000 $441,900 $405,360 10.762% $43,625 $43,625 +5.13%
2023/24 $975,000 $438,750 $391,780 10.592% $41,497 $41,497 +3.66%
2022/23 $866,000 $389,700 $376,030 10.646% $40,032 $40,032 +5.91%
2021/22 $781,000 $351,450 $351,450 10.755% $37,798 $37,798 -4.46%

Permits for 885 East 51st Street, Brooklyn

The complete history of permits filed for 885 East 51st Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Newkirk Ave at SE Corner
Station lines 2-5
Distance (miles) 1.073
View subway map
Bus Routes
Name Utica Av/Foster Av
Line B46
Distance (miles) 0.069

Neighbors for 885 East 51st Street, Brooklyn

Here are the neighbors for 885 East 51st Street, Brooklyn, NY 11203.

Address Square feet Purchase date Purchase price
475 E 58th St, Brooklyn 200 10/25/2022
872 E 52nd St, Brooklyn 4,000 09/13/2011
894 E 52nd St, Brooklyn 5,000 08/23/2022
904 E 52nd St, Brooklyn 02/14/1996
5815 Avenue D, Brooklyn 100 02/03/2017
5122 Foster Ave, Brooklyn 4,000 11/28/2016
878 E 52nd St, Brooklyn 6,500 09/07/2000
884 E 52nd St, Brooklyn 8,000 03/16/2007 $1,290,000
5115 Farragut Rd, Brooklyn 5,500 02/19/2025
8801 Foster Ave, Brooklyn 35,250 06/08/2022 $8,950,000
5112 Foster Ave, Brooklyn 10,000 04/22/2004 $830,000
909 E 51st St, Brooklyn 12,000 12/22/2025
937 E 51st St, Brooklyn 7,200 02/09/2021
940 Remsen Ave, Brooklyn 21,891 02/03/2023
860 E 52nd St, Brooklyn 4,000 04/28/2000
907 E 51st St, Brooklyn 1,900 12/18/2007 $1,210,000
870 E 52nd St, Brooklyn 7,900 07/30/2004 $500,000
846 E 52nd St, Brooklyn 8,114 01/30/2012 $1,065,000
5701 Avenue D, Brooklyn 520 12/13/2022
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