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4023 1st Avenue, Brooklyn, NY 11232 Property Information

4023 1st Avenue, Brooklyn, NY 11232 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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4023 1st Avenue, Brooklyn, NY 11232 1
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Address

Primary address 4023 1st Avenue
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00706-0101

Sales & Tax Overview for 4023 1st Avenue, Brooklyn

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

Tax class
Estimated property tax $167,546

Lot & Building Information for 4023 1st Avenue, Brooklyn

Lot sq. ft. 63,266
Lot dimensions 230.33 ft x 264 ft
Property type Unlicensed Parking Lot (G7)
Buildings on lot 2
Frontage(s) 1 Avenue (wide)
40 Street (narrow)
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Zoning & Use for 4023 1st Avenue, Brooklyn

Zoning

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.61 Miles
Closest fire station 0.46 Miles

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

Other Property Data for 4023 1st Avenue, Brooklyn

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Floor area ratio (FAR) for 4023 1st Avenue, Brooklyn, NY 11232, 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 4023 1st Avenue, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 4023 1st Avenue, Brooklyn

What is the assessed value of 4023 1st Avenue, Brooklyn, NY 11232 and the property tax paid?

Assessed at $1,876,050, the tax amount paid for 4023 1st Avenue, Brooklyn, NY 11232 is $125,447. For the next year, the tax amount for 4023 1st Avenue, Brooklyn, NY 11232 is estimated at $167,546.

When was 4023 1st Avenue, Brooklyn, NY 11232 last sold?

4023 1st Avenue, Brooklyn, NY 11232 was last sold in 08/19/2013.

Ownership Information for 4023 1st Avenue, Brooklyn

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Property owner name for 4023 1st Avenue, Brooklyn, NY 11232
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Building contacts for 4023 1st Avenue, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 4023 1st Avenue, Brooklyn

80 39th Street
Listing type For Lease
Listing date 05/12/2023
Last updated 01/23/2025
Lot size 27.24 Acre

3,155 SF Industrial Use Space, 12 Foot Ceilings, Built Out Office, Private Bathroom, Passenger and Freight Elevators, Employee Amenities, 23 Foot Column Spacing, Walking Distance To The D, N, Q, R & W As Well As Plenty Of Buses, restaurants, Bars And Activities All In The Area 

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
23 - 615 Industrial $20.92/Sqft/Year 3,155 N/A
6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
Listing type For Lease
Listing date 11/14/2024
Last updated 05/13/2026
Lot size 5.128 Acre

Located in the Sunset Park neighborhood of Brooklyn between 1st Ave & 2nd Ave near the 36th St subway station. Nearest Transit: N, R, & D trains at 36th St and the B37, B35, & B70 bus lines. Nearby tenants include Porsche Brooklyn, Starbucks, Volvo Cars Brooklyn, Whole Foods Market Warehouse, Costco Wholesale, Petco, McDonald's, Domino's Pizza, The UPS Store, Chipotle Mexican Grill, Pawz Dog Boots, Ashley Store, Industry City Food Hall, Design Within Reach Brooklyn Outlet, Petco, Burger Joint Industry City, Ends Meat, West Elm Outlet, Kuruto Food, and more! Industry City campus mixes office space, creative studios, shops, retail, and dining all in one place — so staff can grab lunch, coffee, or run errands without leaving the area. There are 60+ restaurants and retailers, plus food halls like Japan Village, breweries, cafés, and specialty markets that keep the environment lively. Multiple furnished, heated courtyards serve as open outdoor “living rooms” — great for informal meetings, lunch breaks, or hosting guests. The campus regularly hosts events, festivals, markets, and cultural programming that make work feel less like a traditional office.Having an office at Industry City is especially appealing because it offers a prime Brooklyn location combined with a vibrant, campus-style work environment. Easily accessible via the D, N, and R subway lines and major roadways, it’s convenient for both employees and clients. The campus blends office space with an energetic mix of shops, restaurants, cafés, and food halls, allowing teams to grab coffee, lunch, or host informal meetings without leaving the property. Landscaped courtyards and outdoor common areas create a unique setting for breaks, collaboration, and events, while the creative, mixed-use atmosphere fosters inspiration, community, and networking among a diverse group of businesses. Overall, Industry City delivers more than just an office—it offers a dynamic, lifestyle-driven workplace that enhances daily productivity and company culture.

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
A07 General Office Listing price not available 6,250 Shlomi Bagdadi
220 36th Street
Listing type For Lease
Listing date 10/17/2025
Last updated 05/13/2026

3,450 SF PRE-BUILT OFFICE SPACE
LOCATED IN INDUSTRY CITY

Available

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available General Office Listing price not available 3,450 Richard Novak
Ryan Millevoi
Christopher Owens
No photo available
68 35th Street, Brooklyn
Listing type For Lease
Listing date 02/04/2026
Last updated 05/13/2026

2,585 SQUARE FOOT OFFICE
SUBLEASE IN INDUSTRY CITY

Available

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available General Office Listing price not available 2,585 Richard Novak
Ryan Millevoi
Christopher Owens
Active Listings For This Property:
For Lease 80 39th Street
80 39th Street
4023 1st Avenue, Brooklyn
Property Industrial
Availability 1 Spaces listed / 3155 Sqft
Price $20.92/Sqft/Year
For Lease 6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
6,250 RSF | 148 39th Street | 3rd Floor Office Space For Sublease
4023 1st Avenue, Brooklyn
Property General Office
Availability 1 Spaces listed / 6250 Sqft
Price Listing price not available
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Past Sales & Property History for 4023 1st Avenue, Brooklyn

Create a free account to view the complete sales history for 4023 1st Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 4023 1st Avenue, 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
10/07/2024 - R UCC3 Continuation
(2024100700419001)
10/07/2024 - R UCC3 Continuation
(2024100700292001)
02/12/2024 - D
04/08/2024 - R
Agreement
(2024021200385001)
12/22/2022 - D
01/13/2023 - R
Subordination of Mortgage
(2023010300411002)
12/23/2021 - R Initial UCC1
(2021121000420004)
12/23/2021 - R Initial UCC1
(2021121000420003)
12/09/2021 - D
12/23/2021 - R
Mortgage
(2021121000420002)
12/09/2021 - D
12/23/2021 - R
Mortgage
(2021121000420001)
02/08/2021 - D
03/05/2021 - R
Agreement
(2021030200269002)
02/08/2021 - D
03/05/2021 - R
Agreement
(2021030200269001)
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R: Recorded date
D: Document date

Property Taxes for 4023 1st Avenue, Brooklyn

Access detailed property tax data for 4023 1st Avenue, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $125,447
Estimated property tax: $167,546
Tax assessor's market value: $4,169,000
Assessed value: $1,876,050

Assessment History for 4023 1st Avenue, Brooklyn

Here's the assessment & property tax history for 4023 1st Avenue, 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 $4,169,000 $1,876,050 $1,156,410 10.848% $125,447 $125,447 +33.67%
2024/25 $3,207,000 $1,443,150 $872,010 10.762% $93,846 $93,846 +33.78%
2023/24 $2,467,000 $1,110,150 $662,310 10.592% $70,152 $70,152 +26.91%
2022/23 $1,898,000 $854,100 $519,210 10.646% $55,275 $55,275 +20.27%
2021/22 $1,108,000 $498,600 $427,320 10.755% $45,958 $45,958 +5.71%

Permits for 4023 1st Avenue, Brooklyn

The complete history of permits filed for 4023 1st Avenue, 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.

Filing date Job type Job status Job description Initial cost
10/31/2017 Alteration type 3
10/20/2017 Alteration type 1
02/22/2016 Full demolition
02/22/2016 Full demolition
07/13/1994 Alteration type 2
03/30/1994 Alteration type 2
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Sunset Park Residential Market Stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$587,500
2.6% YoY
Median Price/Sqft
$863
0.3% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

Risk

FEMA flood zone(s): 0.2,X (See more on map)
Hurricane evacuation zone: 1,2 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 45th St at NW Corner
Station lines R
Distance (miles) 0.455
View subway map
Bus Routes
Name 39 ST/1 Av
Line B70
Distance (miles) 0.08

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 24 4 Yes Public PK, K-5 530 0.49
P.S. 24 4 Yes Public PK, K-5 530 0.49
St. Michael Elementary School NR No Private K-8 0 0.41
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.42
Sunset Park Avenue Elementary School 4 No Public PK, K-5 349 0.42

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 136 Charles O Dewey 2 No Public 6-8 535 0.39
Sunset Park Prep 5 No Public 6-8 440 0.39
St. Michael Elementary School NR No Private K-8 0 0.41
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.64
Al Madrasa Al Islamiya NR No Private PK-8 164 0.67

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.42
Sunset Park High School 4 No Public 9-12 1,418 0.47
AL-Noor School NR No Private PK-12 630 1.08
Al-Noor School NR No Private PK-12 654 1.08
Yeshiva Machzikel Hadas NR No Private 12 0 1.20

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 4023 1st Avenue, Brooklyn

Here are the neighbors for 4023 1st Avenue, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
431 Lake St, Brooklyn 2,640 07/02/2018 $1,400,000
715 E 5th St, Brooklyn 2,707 05/12/2007
2117 81st St, Brooklyn 2,380 04/09/2018 $1,550,000
748 Sutter Ave, Brooklyn 1,959 06/23/2017 $80,000
50 Underhill Ave, Brooklyn 3,528 08/22/2002
615 Rutland Rd, Brooklyn 2,690 01/25/2023 $94,975
1441 59th St, Brooklyn 5,278 12/07/2003
1734 63rd St, Brooklyn 1,732 03/01/1996
784 Hancock St, Brooklyn 2,391 09/17/1998
54 Underhill Ave, Brooklyn 3,528 08/26/2002
1694 E 45th St, Brooklyn 1,384 07/30/2010 $355,000
266 Wyona St, Brooklyn 2,903 11/21/2018 $835,000
491 Blake Ave, Brooklyn 06/24/2015 $626,000
93 Kent St, Brooklyn 10,218 07/23/2020
271 New Lots Ave, Brooklyn 1,332 10/17/2017 $426,000
1962 Ocean Pkwy, Brooklyn 5,376 12/08/1998
269 New Lots Ave, Brooklyn 1,332 12/17/2003 $105,000
727 46th St, Brooklyn 3,210 11/21/2003 $740,000
2516 E 13th St, Brooklyn 1,720 11/24/2014 $645,000
760 McDonald Ave, Brooklyn 2,000 03/08/2022 $1,100,000
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