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1525 Albany Avenue, Brooklyn, NY 11210 - Property report

Also known as: 762-818 E 42nd St

Property image for 1525 Albany Avenue, Brooklyn, NY 11210

Property type

One Story Retail Building (K1)

Year built

1968

Lot sq. ft.

98,200

Sale price

$330,000

General information

Address

Primary address

1525 Albany Avenue

Alternate address(es)

1515 Albany Ave
1525-1565 Albany Ave
762-818 E 42nd St

ZIP code

11210

Neighborhood

East Flatbush

Borough

Brooklyn

Block & lot

05016-0013

Building

Property type

One Story Retail Building (K1)

Building sq. ft.

38,800

Building dimensions

199.75 ft x 185 ft

Buildings on lot

Stories

Year built

1968

Last altered

2019

Building material

Sales

Sale date

11/16/2015

Sale price

$330,000

Tax

Tax year

2026-2027

Property tax

$453,651

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

500 ft x 200 ft

Lot sq. ft.

98,200

Area overview

Walk score

78 /100. Very Walkable

Transit score

90 /100. Rider's Paradise

Bike score

56 /100. Bikeable

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.69 Miles

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

Ownership

Ownership information for 1525 Albany 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 1525 Albany Avenue, Brooklyn, NY 11210

Sale date	Sale price	Buyer name	Seller name
11/16/2015	$330,000	XXXX XXXXXX XXX. XXXX XXX	X&X XXXX XXXXXXXX XXX XX XXXXX XXXXXXXX&XXXXXXX
12/03/2007	$176,900,000	XXXX XXXXXX XXX X XX XXX XXXXX XXXXXXXX &	XXXXXXXXXXXX XX XXXXXXXX XXXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/11/2025 - R	Initial UCC1 (2025012400394008)	X X XXXX XXXXXXXXXX XXX	XXXXX XXXX
02/11/2025 - R 01/16/2025 - D	Termination of Assign of L&R (2025012400394007)	XXXXX XXXX	X X XXXX XXXXXXXXXX XXX
02/11/2025 - R 01/16/2025 - D	Sundry Agreement (2025012400394003)	XXXXX XXXX	XXXX X XXXX XXX
02/11/2025 - R 01/16/2025 - D	Assignment of Leases and Rents (2025012400394002)	X X XXXX XXXXXXXXXX XXX	XXXXX XXXX
02/11/2025 - R 01/16/2025 - D	Agreement (2025012400394001)	X X XXXX XXXXXXXXXX XXX	XXXXX XXXX
03/24/2016 - R 03/11/2016 - D	Agreement (2016031400674003)	X X XXXX XXXXXXXXXX XXX	XXXXX XXXX XXX XXXXXXX
03/23/2016 - R 03/11/2016 - D	Subordination of Mortgage (2016031400216002)	XXXXX XXXX XXX XXXXXXX	XXXX X XXXX XXXX
03/23/2016 - R 03/11/2016 - D	Subordination of Mortgage (2016031400216001)	XXXXX XXXX XXX XXXXXXX	XXXX XXXXXX XXX XXXX XXX
02/16/2016 - R 11/16/2015 - D	Both RPTT and RETT (2016020501331001)	XX XXXX XXXXXXXX XXX XX XXXXX XXXXXXXXXXXXXXX	XXXX XXXXXX XXX XXXX XXX
06/10/2015 - R 01/01/2015 - D	Memorandum of Lease (2015053100041001)	X X XXXX XXXXXX XXXXXXXXXX XXX	XXXX X XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1525 Albany 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

$453,651

Municipal exemptions

Recent tax assessments

Market value

$10,457,000

Assessed value

$4,705,650

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	$9,355,000	$4,209,750	$3,950,760	10.848%	$428,578	$428,578	+4.13%
2024/25	$8,940,000	$4,023,000	$3,824,554	10.762%	$411,599	$411,599	+2.44%
2023/24	$8,929,000	$4,018,050	$3,793,234	10.592%	$401,779	$401,779	-0.70%
2022/23	$9,748,000	$4,386,600	$3,800,734	10.646%	$404,626	$404,626	+1.45%
2021/22	$8,592,000	$3,866,400	$3,708,356	10.755%	$398,834	$398,834	+7.42%
2020/21	$8,528,000	$3,837,600	$3,471,739	10.694%	$371,268	$371,268	+25.87%
2019/20	$7,633,000	$3,434,850	$2,799,210	10.537%	$294,953	$294,953	+9.73%
2018/19	$7,498,000	$3,374,100	$2,556,540	10.514%	$268,795	$268,795	+11.22%
2017/18	$7,415,000	$3,336,750	$2,298,690	10.514%	$241,684	$241,684	+15.91%
2016/17	$4,664,000	$2,098,800	$1,971,990	10.574%	$208,518	$208,518	+15.43%

Permits

Permit information for 1525 Albany Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/01/2019	Alteration type 2
09/03/2019	Alteration
01/03/2019	Alteration
12/21/2018	Alteration type 2
05/17/2018	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/29/2021	Egrade-failure to post energy grade/score none

*Most recent DOB violation on record 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

Nostrand Ave & Flatbush Ave at NE Corner

Station lines

2-5

Distance (miles)

0.59

View subway map

Access the detailed traffic volume map for 1525 Albany Avenue, Brooklyn, NY 11210 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 1525 Albany Avenue, Brooklyn, NY

57 A Somers St, Brooklyn 229 Hart St, Brooklyn 266 Sumpter St, Brooklyn 227 A Hart St, Brooklyn 231 A Hart St, Brooklyn 409 Harman St, Brooklyn 229 A Hart St, Brooklyn 504 Vermont St, Brooklyn 50 S 2nd St, Brooklyn 237 Hart St, Brooklyn 12 Franklin St, Brooklyn 47 Riverdale Ave, Brooklyn 233 Hart St, Brooklyn 2569 W 15th St, Brooklyn 88 Bay 47 St, Brooklyn 235 A Hart St, Brooklyn 51 Irving Pl, Brooklyn 650 Kosciuszko St, Brooklyn 882 Metropolitan Ave, Brooklyn

Frequently asked questions

What is the year built for 1525 Albany Avenue, Brooklyn, NY 11210?

The development at 1525 Albany Avenue, Brooklyn, NY 11210 was built in 1968.

What is the market value of 1525 Albany Avenue, Brooklyn, NY 11210?

The current market value of 1525 Albany Avenue, Brooklyn, NY 11210 is $10,457,000.

What is the total square footage of 1525 Albany Avenue, Brooklyn, NY 11210?

1525 Albany Avenue, Brooklyn, NY 11210 has a total of 38,800 square feet.

What is the price per square foot for this property?

$8 per square foot is the price for 1525 Albany Avenue, Brooklyn, NY 11210.

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.