Kings  »  11201  »  Schermerhorn St  »  88 Schermerhorn St

88 Schermerhorn Street, Brooklyn, NY 11201 - Property report

Also known as: 88 Schermerhorn St

Property image for 88 Schermerhorn Street, Brooklyn, NY 11201
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2024

Lot sq. ft.

3,333

Sale price

$11,250,000

General information

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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
88 Schermerhorn Street
Alternate address(es)
88-90 Schermerhorn St
ZIP code
11201
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00271-0045

Owner

Find out who owns 88 Schermerhorn Street, Brooklyn, NY 11201. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
42,248
Buildings on lot
1
Stories
20
Year built
2024
Building material
Sales
Sale date
07/26/2022
Sale price
$11,250,000
Tax
Tax year
2026-2027
Property tax
$656,078
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
58
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
33.33 ft x 100 ft
Lot sq. ft.
3,333

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
15
Community district
2
Closest police station
0.50 Miles
Closest fire station
0.39 Miles

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

Ownership

Ownership information for 88 Schermerhorn Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 88 Schermerhorn Street, Brooklyn, NY 11201

Sale date Sale price Buyer name Seller name
07/26/2022 $11,250,000 XX XXXXXXXXXXXX XXXXXXXX XXX XX XXXXXXXXXXXX XXXXX, XXX
07/31/2019 $13,647,512 XX XXXXXXXXXXXX XXXXX, XXX XX XXXXXXXXXXXX XXXXX, XXX
10/27/2017 $10,500,000 XXX XXXXXXXXXXXX XXXXXXXXXX XXX X X XX XXXXXXXXXXX XXXXXX XXX, 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
03/20/2026 - R
03/17/2026 - D		 Assignment of Leases and Rents
(2026032000441006)		 XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX X X
03/20/2026 - R
03/17/2026 - D		 Agreement
(2026032000441005)		 XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX X X
03/20/2026 - R
03/17/2026 - D		 Mortgage
(2026032000441004)		 XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX X X
03/20/2026 - R
03/17/2026 - D		 Termination of Agreement
(2026032000441003)		 XXXXX XXXX XX XXXXXXXXXXXX XXXXXXXX XXX
03/20/2026 - R
03/17/2026 - D		 Termination of Assign of L&R
(2026032000441002)		 XXXXX XXXX XX XXXXXXXXXXXX XXXXXXXX XXX
03/20/2026 - R
03/17/2026 - D		 Termination of Assign of L&R
(2026032000441001)		 XXXXX XXXX XX XXXXXXXXXXXX XXXXXXXX XXX
01/23/2026 - R
12/15/2025 - D		 Sundry Miscellaneous
(2026012300203001)		 XX XXXXXXXXXXXX XXXXXXXX XXX
06/20/2023 - R UCC3 Termination
(2023053000847002)		 XX XXXXXXXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXX XXXX
06/20/2023 - R
05/23/2023 - D		 Sundry Miscellaneous
(2023053000847009)		 XXXXX XXXX
06/20/2023 - R
05/23/2023 - D		 Assignment of Leases and Rents
(2023053000847008)		 XX XXXXXXXXXXXX XXXXXXXX XXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 88 Schermerhorn Street, 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
$656,078
Municipal exemptions
Recent tax assessments
Market value
$11,929,000
Assessed value
$5,368,050

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 $879,000 $395,550 $225,018 12.439% $27,990 $27,990 +75.52%
2024/25 $676,000 $304,200 $148,176 10.762% $15,947 $15,947 +68.02%
2023/24 $520,000 $234,000 $89,604 10.592% $9,491 $9,491 +97.79%
2022/23 $400,000 $180,000 $45,072 10.646% $4,798 $4,798 -94.39%
2021/22 $3,948,000 $1,776,600 $699,583 12.235% $85,594 $85,594 -0.26%
2020/21 $4,328,000 $1,947,600 $699,583 12.267% $85,818 $85,818 +6.22%
2019/20 $3,904,800 $1,757,160 $647,762 12.473% $80,795 $80,795 +2.06%
2018/19 $3,254,000 $1,464,300 $627,686 12.612% $79,164 $79,164 +7.09%
2017/18 $2,808,000 $1,263,600 $581,192 12.719% $73,922 $73,922 +6.55%
2016/17 $2,540,000 $1,143,000 $538,141 12.892% $69,377 $69,377 +0.07%
Permits

Permit information for 88 Schermerhorn Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/15/2026 Alteration
05/27/2026 New building
01/28/2026 New building
01/27/2026 New building
11/25/2025 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
09/29/2021 Aeuhaz1-fail to certify class 1
03/03/2021 Aeuhaz1-fail to certify class 1 none
03/03/2021 Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record 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.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Court St & Joralemon St at SE Corner
Station lines
R-2-3-4-5
Distance (miles)
0.135
View subway map

Access the detailed traffic volume map for 88 Schermerhorn Street, 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

Neighbors for 88 Schermerhorn Street, Brooklyn, NY

79 Warren St, Brooklyn 27 Sidney Pl, Brooklyn 101 Clinton St, Brooklyn 123 Atlantic Ave, Brooklyn 137 Court St, Brooklyn 114 Amity St, Brooklyn 350 Hicks St, Brooklyn 219 Clinton St, Brooklyn 1 Willow Pl, Brooklyn 46 Columbia Pl, Brooklyn 218 Pacific St, Brooklyn 172 Congress St, Brooklyn 117 Clinton St, Brooklyn 268 Hicks St, Brooklyn 19 Columbia Pl, Brooklyn 26 Willow Pl, Brooklyn 50 Columbia St, Brooklyn 99 Warren St, Brooklyn 60 State St, Brooklyn 128 Remsen St, Brooklyn

Nearby ZIP codes for 88 Schermerhorn Street, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10013, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 88 Schermerhorn Street, Brooklyn, NY 11201?

The development at 88 Schermerhorn Street, Brooklyn, NY 11201 was built in 2024.

What is the total square footage of 88 Schermerhorn Street, Brooklyn, NY 11201?

88 Schermerhorn Street, Brooklyn, NY 11201 has a total of 42,248 square feet.

When was 88 Schermerhorn Street, Brooklyn, NY 11201 last sold and what was the sale price?

88 Schermerhorn Street, Brooklyn, NY 11201 was last sold on 07/26/2022 for $11,250,000.

What is the assessed value of 88 Schermerhorn Street, Brooklyn, NY 11201?

88 Schermerhorn Street, Brooklyn, NY 11201 is currently assessed at $5,368,050.

What are the property taxes for 88 Schermerhorn Street, Brooklyn, NY 11201?

The property taxes for 88 Schermerhorn Street, Brooklyn, NY 11201 total $656,077.

How many residential units does this building have?

This building has 58 residential unit(s).

Disclaimer

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