New York City  »  11223  »  Avenue U  »  723 Avenue U

723 Avenue U, Brooklyn, NY 11223 Property Information

723 Avenue U, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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723 Avenue U, Brooklyn, NY 11223 1
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Address

Primary address 723 Avenue U
Neighborhood Homecrest
Zip code 11223
Borough Brooklyn
Block & lot 07110-0043

Sales & Tax Overview for 723 Avenue U, Brooklyn

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

Purchase date 05/29/2024
Purchase price $1,450,000
Tax class
Estimated property tax $7,180

Lot & Building Information for 723 Avenue U, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Building class Primarily Two Family with One Store or Office (S2)
Building sqft 2,600
Building dimensions 20 ft x 65 ft
Buildings on lot 1
Stories 2
Year built 1931
Construction type
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Zoning & Use for 723 Avenue U, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 0.30 Miles
Closest fire station 0.06 Miles

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

Other Property Data for 723 Avenue U, 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 723 Avenue U, Brooklyn, NY 11223, 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 723 Avenue U, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 723 Avenue U, Brooklyn

How many sq. ft. does 723 Avenue U, Brooklyn, NY 11223 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 723 Avenue U, Brooklyn, NY 11223 has a total of 2,600 square feet and a current price per square foot of $557.

What is the year built & the current market value of 723 Avenue U, Brooklyn, NY 11223?

723 Avenue U, Brooklyn, NY 11223 was built in 1931 and has a current tax assessor's market value of $2,078,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 723 Avenue U, Brooklyn

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Property owner name for 723 Avenue U, Brooklyn, NY 11223
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Building contacts for 723 Avenue U, Brooklyn, NY 11223
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 723 Avenue U, Brooklyn

Create a free account to view the complete sales history for 723 Avenue U, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/29/2024 $1,450,000

Title Documents for 723 Avenue U, 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
05/29/2024 - D
06/07/2024 - R
Deed
(2024060500414001)
11/19/2013 - R Initial UCC1
(2013111900905001)
09/11/2013 - D
10/23/2013 - R
Deed
(2013091101492001)
09/25/1997 - R Deed
(3260005771726)
07/11/1994 - R Satisfaction of Mortgage
(3380004348638)
12/13/1993 - R Satisfaction of Mortgage
(3220001822122)
04/27/1992 - R Satisfaction of Mortgage
(3340001683334)
11/21/1984 - R Mortgage
(3930001053893)
10/04/1978 - R Mortgage
(37830102400043)
10/04/1978 - R Deed
(37830102400041)
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R: Recorded date
D: Document date

Property Taxes for 723 Avenue U, Brooklyn

Access detailed property tax data for 723 Avenue U, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,800
Estimated property tax: $7,180
Tax assessor's market value: $2,078,000
Assessed value: $124,680

Assessment History for 723 Avenue U, Brooklyn

Here's the assessment & property tax history for 723 Avenue U, 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 $2,078,000 $124,680 $34,267 19.843% $6,800 $6,800 +4.72%
2024/25 $1,641,000 $98,460 $32,328 20.085% $6,493 $6,493 +6.00%
2023/24 $1,450,000 $87,000 $30,499 20.085% $6,126 $6,126 +0.03%
2022/23 $1,138,000 $68,280 $30,154 20.309% $6,124 $6,124 +1.73%
2021/22 $1,027,000 $61,620 $30,154 19.963% $6,020 $6,020 +0.17%

Permits for 723 Avenue U, Brooklyn

The complete history of permits filed for 723 Avenue U, 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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 15th St & Avenue U at SE Corner
Station lines B-Q
Distance (miles) 0.395
View subway map
Bus Routes
Name Av U/E 8 St
Line B3
Distance (miles) 0.015

Neighbors for 723 Avenue U, Brooklyn

Here are the neighbors for 723 Avenue U, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
719 Avenue U, Brooklyn 2,600 12/26/1968
96 Lake Pl, Brooklyn 1,440 03/05/2018 $939,999
2139 E 4th St, Brooklyn 5,754 11/09/2006 $2,050,000
2133 E 4th St, Brooklyn 7,111 10/09/2015 $4,375,000
2129 W 10th St, Brooklyn 1,600 05/13/2021
2149 W 9th St, Brooklyn 1,815 02/03/2012
2180 W 6th St, Brooklyn 1,488 01/17/2017 $350,000
2024 E 1st St, Brooklyn 1,180 02/04/2024
81 Lake Pl, Brooklyn 1,308 10/22/2011
2151 E 3rd St, Brooklyn 3,214
2153 E 3rd St, Brooklyn 3,214 01/01/2025
2124 W 10th St, Brooklyn 1,665 10/17/1990
2121 E 4th St, Brooklyn 5,926 06/13/2019 $4,750,000
2086 E 5th St, Brooklyn 2,680 01/22/2003 $185,000
2725 86th St, Brooklyn 6,034 12/13/2019
133 Avenue V, Brooklyn 2,208 10/26/2011
121 Avenue V, Brooklyn 3,140 02/06/2002
2125 E 4th St, Brooklyn 02/10/2010 $5,500,000
404 Avenue S, Brooklyn 3,847 11/09/2016
2128 A E 3rd St, Brooklyn 02/10/2026
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