Kings » 11201 » Smith St » 87 Smith St

85-87 Smith Street #Ret#a, Brooklyn, NY 11201 - Property report

Also known as: 85-87 Smith St #Reta

Property image for 85-87 Smith Street #Ret#a, Brooklyn, NY 11201

Property type

Retail Space (RK)

Year built

2007

Lot sq. ft.

17,938

Sale price

$5,750,000

General information

Address

Primary address

85-87 Smith Street #Ret#a

ZIP code

11201

Neighborhood

Boerum Hill

Borough

Brooklyn

Block & lot

00176-1004

Building

Property type

Retail Space (RK)

Unit sq. ft.

8,019

Buildings on lot

Stories

Year built

2007

Sales

Sale date

07/23/2012

Sale price

$5,750,000

Tax

Tax year

2026-2027

Property tax

$53,668

Tax class

Zoning & Use

Residential units

Commercial units

Lot

Lot sq. ft.

17,938

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

93 /100. Biker's Paradise

School district

Community district

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

Ownership

Ownership information for 85-87 Smith Street #Ret#a, 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 85-87 Smith Street #Ret#a, Brooklyn, NY 11201

Sale date	Sale price	Buyer name	Seller name
07/23/2012	$5,750,000	XXX XXX XXXXXXXX XXX	XXXXXXXX XXXXXX XXXXXXXX XXX
07/21/2011	$5,800,000	XXXXXXXX XXXXXX XXXXXXXX, XXX	XXXX XXXXXXXX XXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/29/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024052400777004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
05/29/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024052400777003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
05/29/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024052400777002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
05/29/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024052400777001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
07/30/2015 - R 07/16/2015 - D	Assignment of Leases and Rents (2015072201173004)	XXX XXX XXXXXXXX XXX	XXXXXXXXX XXXX
07/30/2015 - R 07/16/2015 - D	Agreement (2015072201173003)	XXXXXXXXX XXXX	XXX XXX XXXXXXXX XXX
07/30/2015 - R 07/16/2015 - D	Mortgage (2015072201173002)	XXX XXX XXXXXXXX XXX	XXXXXXXXX XXXX
07/30/2015 - R 07/16/2015 - D	Termination of Assign of L&R (2015072201173001)	XXXXXXXXX XXXX
08/15/2012 - R	UCC3 Termination (2012072601165001)	XXXXXXXX XXXXXX XXXXXXXX XXX	XXX XXXX X XXXX XXX
08/03/2012 - R 07/23/2012 - D	Power of Attorney (2012072700803005)	XXX XXX XXXXXXXX XXX	XXX XXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 85-87 Smith Street #Ret#a, 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

$53,668

Municipal exemptions

Recent tax assessments

Market value

$2,523,790

Assessed value

$1,135,705

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	$2,675,410	$1,203,934	$337,228	10.848%	$106,355	$36,582	+57.99%
2024/25	$2,216,290	$997,330	$215,148	10.762%	$102,262	$23,154	+88.22%
2023/24	$2,188,271	$984,722	$116,143	10.592%	$99,892	$12,302	+169.42%
2022/23	$2,018,763	$908,443	$42,890	10.646%	$96,713	$4,566	-1.02%
2021/22	$1,794,740	$807,633	$42,890	10.755%	$86,861	$4,613	-67.84%
2020/21	$2,339,891	$1,052,951	$134,118	10.694%	$99,149	$14,343	+217.36%
2019/20	$2,137,163	$961,723	$42,890	10.537%	$87,636	$4,519	+0.22%
2018/19	$2,093,721	$942,174	$42,890	10.514%	$78,974	$4,509	0.00%
2017/18	$1,985,542	$893,494	$42,890	10.514%	$70,366	$4,509	-0.57%
2016/17	$1,745,335	$785,401	$42,891	10.574%	$62,994	$4,535	-0.77%

Permits

Permit information for 85-87 Smith Street #Ret#a, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Hoyt St & Schermerhorn St at NE Corner

Station lines

A-C-G

Distance (miles)

0.143

View subway map

Access the detailed traffic volume map for 85-87 Smith Street #Ret#a, Brooklyn, NY 11201 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 85-87 Smith Street #Ret#a, Brooklyn, NY 11201?

The development at 85-87 Smith Street #Ret#a, Brooklyn, NY 11201 was built in 2007.

What is the market value of 85-87 Smith Street #Ret#a, Brooklyn, NY 11201?

The current market value of 85-87 Smith Street #Ret#a, Brooklyn, NY 11201 is $2,523,790.

What is the total square footage of 85-87 Smith Street #Ret#a, Brooklyn, NY 11201?

85-87 Smith Street #Ret#a, Brooklyn, NY 11201 has a total of 8,019 square feet.

What is the price per square foot for this property?

$717 per square foot is the price for 85-87 Smith Street #Ret#a, Brooklyn, NY 11201.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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.