New York City  »  11224  »  Mermaid Ave  »  1523 Mermaid Ave

1523 Mermaid Avenue, Brooklyn, NY 11224 - Property report

Also known as: 1521 Mermaid Ave

Property image for 1523 Mermaid Avenue, Brooklyn, NY 11224

Property type

One Story Retail Building (K1)

Lot sq. ft.

4,913

Sale price

$3,000,000

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
1523 Mermaid Avenue
Alternate address(es)
1521 Mermaid Ave
ZIP code
11224
Borough
Brooklyn
Block & lot
07022-0052

Owner

Find out who owns 1523 Mermaid Avenue, Brooklyn, NY 11224. Uncover corporate and individual owners with a free account.

Building
Property type
One Story Retail Building (K1)
Buildings on lot
1
Building material
Sales
Sale date
06/08/2023
Sale price
$3,000,000 - M
Tax
Tax year
2026-2027
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
34 ft x 120 ft
Lot sq. ft.
4,913
Ownership

Ownership information for 1523 Mermaid 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 1523 Mermaid Avenue, Brooklyn, NY 11224

Sale date Sale price Buyer name Seller name
06/08/2023 $3,000,000 XXXX-XXXX XXXXXXX XXX XXXXXXX X XXXXXX XXX XXXX XXX XXX X&X XXXXXX XXXXXXXX, XXX XXX XXXXXXXX X XXXXXX XXX XXXX XXX
02/07/2011 $1,595,000 X&X XXXXXX XXXXXXXX, XX X XXXXXXX XXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/06/2025 - R
08/01/2025 - D		 Sundry Miscellaneous
(2025080100440001)		 XXXXXXXX XXXXXXX XXX
07/31/2025 - R
07/24/2025 - D		 Certificate
(2025072500447002)		 XXXXX XXXXXXXX XXXX
07/31/2025 - R
07/24/2025 - D		 Zoning Lot Description
(2025072500447001)		 XXXXXXXX XXXXXXX XXX
06/20/2023 - R
06/08/2023 - D		 Deed
(2023060800671001)		 XXXXXXX X XXXXXX XXX XXXX XXX XXXXXXXX XXXXXXX XXX
04/24/2023 - R
04/03/2023 - D		 Deed
(2023040600059001)		 XX XXXXXX XXXXXXXX XXX XXXXXXX X XXXXXX XXX XXXX XXX
06/20/2023 - R
03/30/2023 - D		 Termination of Assign of L&R
(2023060800671003)		 XXXXXXX XXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
06/20/2023 - R
03/30/2023 - D		 Satisfaction of Mortgage
(2023060800671002)		 XXXXXXX XXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
03/24/2011 - R
02/16/2011 - D		 Satisfaction of Mortgage
(2011031800416001)		 XXXXXXX XXXXXXX XXX XXX XXXX XX XXX XXXX
02/15/2011 - R
02/07/2011 - D		 Deed
(2011021001109001)		 XXXXXXX XXXXXXX XXX XX XXXXXX XXXXXXXX XX X
03/16/2006 - R
05/16/2005 - D		 Certificate
(2006010600381018)		 XXX XXXXXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1523 Mermaid Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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 $317,000 $142,650 $123,840 10.848% $13,434 $13,434 +6.28%
2024/25 $281,000 $126,450 $117,450 10.762% $12,640 $12,640 +103.33%
2023/24 $294,000 $132,300 $58,689 10.592% $12,088 $6,216 +30.69%
2022/23 $303,000 $136,350 $44,680 10.646% $11,641 $4,757 +46.67%
2021/22 $181,000 $81,450 $30,150 10.755% $8,760 $3,243 +0.58%
2020/21 $246,000 $110,700 $30,150 10.694% $11,646 $3,224 +1.49%
2019/20 $244,000 $109,800 $30,150 10.537% $11,275 $3,177 +0.22%
2018/19 $241,000 $108,450 $30,150 10.514% $11,071 $3,170 0.00%
2017/18 $254,000 $114,300 $30,150 10.514% $10,920 $3,170 -0.57%
2016/17 $225,000 $101,250 $30,150 10.574% $10,706 $3,188 -0.77%
Permits

Permit information for 1523 Mermaid Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/03/2024 Alteration
08/05/2024 Full demolition
09/21/2016 Alteration type 2
04/23/2003 New building
04/22/2003 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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.

Neighbors for 1523 Mermaid Avenue, Brooklyn, NY

1264 Coney Island Ave, Brooklyn 244 A 13th St, Brooklyn 517 Putnam Ave, Brooklyn 642 E 23rd St, Brooklyn 5 N 11th St, Brooklyn 285 Rugby Rd, Brooklyn 436 Franklin Ave, Brooklyn 2709 W 36th St, Brooklyn 1434 Pitkin Ave, Brooklyn 1336 E 95th St, Brooklyn 1262 A Coney Island Ave, Brooklyn 58 Kent Ave, Brooklyn 87 Macdougal St, Brooklyn 472 Willoughby Ave, Brooklyn 5301 Avenue I, Brooklyn 3807 Highland Ave, Brooklyn 178 Wyona St, Brooklyn 1517 Mermaid Ave, Brooklyn 45 Canton CT, Brooklyn

Nearby ZIP codes for 1523 Mermaid Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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