New York City » 11205 » Willoughby Ave » 427 Willoughby Ave

427 Willoughby Avenue, Brooklyn, NY 11205 - Property report

Also known as: 427 Willoughby Ave

Property image for 427 Willoughby Avenue, Brooklyn, NY 11205

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

1,538

Sale price

$5,000,000 - M

General information

Address

Primary address

427 Willoughby Avenue

ZIP code

11205

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01753-0056

Building

Property type

Unlicensed Parking Lot (G7)

Sales

Sale date

09/13/2005

Sale price

$5,000,000 - M

Tax

Tax year

2026-2027

Property tax

$7,576

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Willoughby Avenue (narrow)

Nearest wide street

Nostrand Avenue

Distance to wide street

Lot dimensions

20.5 ft x 75 ft

Lot sq. ft.

1,538

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

92 /100. Rider's Paradise

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.41 Miles

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

Ownership

Ownership information for 427 Willoughby 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 427 Willoughby Avenue, Brooklyn, NY 11205

Sale date	Sale price	Buyer name	Seller name
09/13/2005	$5,000,000	XXX XXXXXXX XXXXXXXX, XXX.	XXXXXXX XXXXX XXXXXX & XXXXXXX XX. , XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/19/2025 - R	Initial UCC1 (2025013000950001)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXX XXXX X X
12/06/2023 - R 06/29/2023 - D	Asgn of Asgn of L&R (2023120500614029)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX X X
12/06/2023 - R 06/29/2023 - D	Assignment, Mortgage (2023120500614028)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX X X
06/15/2018 - R	UCC3 Termination (2018061400283010)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX X X
06/15/2018 - R	Initial UCC1 (2018061400283007)	XXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX
06/15/2018 - R	Initial UCC1 (2018061400283006)	XXXXXXXXXX XXX	XXXXXXXXX XXXX
06/15/2018 - R	Initial UCC1 (2018061400283005)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX
06/15/2018 - R 06/12/2018 - D	Assignment of Leases and Rents (2018061400283004)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX
06/15/2018 - R 06/12/2018 - D	Agreement (2018061400283003)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX
06/15/2018 - R 06/12/2018 - D	Mortgage (2018061400283002)	XXX XXXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 427 Willoughby 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

$7,576

Municipal exemptions

Recent tax assessments

Market value

$166,000

Assessed value

$74,700

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	$175,000	$78,750	$63,450	10.848%	$6,883	$6,883	+15.93%
2024/25	$184,000	$82,800	$55,170	10.762%	$5,937	$5,937	+24.32%
2023/24	$142,000	$63,900	$45,090	10.592%	$4,776	$4,776	+18.96%
2022/23	$109,000	$49,050	$37,710	10.646%	$4,015	$4,015	+18.49%
2021/22	$95,000	$42,750	$31,500	10.755%	$3,388	$3,388	+20.14%
2020/21	$83,000	$37,350	$26,370	10.694%	$2,820	$2,820	+20.88%
2019/20	$72,000	$32,400	$22,140	10.537%	$2,333	$2,333	+19.10%
2018/19	$60,000	$27,000	$18,630	10.514%	$1,959	$1,959	+18.44%
2017/18	$40,000	$18,000	$15,729	10.514%	$1,654	$1,654	+8.09%
2016/17	$38,000	$17,100	$14,469	10.574%	$1,530	$1,530	+7.23%

Permits

Permit information for 427 Willoughby Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bedford residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

Marcy Ave & Myrtle Ave at NW Corner

Station lines

Distance (miles)

0.225

View subway map

Access the detailed traffic volume map for 427 Willoughby Avenue, Brooklyn, NY 11205 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 54 Samuel C Barnes	4	Yes	Public	PK, K-5	155	0.06
P.S. 54 Samuel C Barnes	4	Yes	Public	PK, K-5	155	0.06
Bnos Square of Williamsburg	NR	No	Private	PK, K-6	0	0.13
Bnos Square of Williamsburg	NR	No	Private	PK, K-6	0	0.13
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.23
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.23
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.27
Brooklyn Charter School	5	No	Charter	K-5	166	0.29
P.S. 23 Carter G Woodson	5	No	Public	PK, K-5	222	0.29
P.S. 23 Carter G Woodson	5	No	Public	PK, K-5	222	0.29

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.23
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.27
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.29
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.29
Talmud Torah Tashbar	NR	No	Private	PK, K-10	0	0.29
P.S. 368	NR	No	Public	PK, K-12	220	0.37
Success Academy Bed-Stuy 1	9	No	Charter	5-9	482	0.37
Success Academy - Fort Greene	10	No	Charter	5-8	180	0.39
P.S. 157 Benjamin Franklin	4	No	Public	PK, K-8	270	0.39

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.29
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.29
Talmud Torah Tashbar	NR	No	Private	PK, K-10	0	0.29
Talmud Torah Tashbar	NR	No	Private	PK, K-10	331	0.30
Brooklyn Community High School Communication Arts An	NR	No	Public	9-12	515	0.31
Brooklyn High School For Leadership And Community	1	No	Public	9-12	139	0.31
P.S. 368	NR	No	Public	PK, K-12	220	0.37
Bnei Shimon Yisroel of Sopron	NR	No	Private	PK-12	450	0.37

Frequently asked questions

When was 427 Willoughby Avenue, Brooklyn, NY 11205 last sold and what was the sale price?

427 Willoughby Avenue, Brooklyn, NY 11205 was last sold on 09/13/2005 for $5,000,000 - M.

What is the assessed value of 427 Willoughby Avenue, Brooklyn, NY 11205?

427 Willoughby Avenue, Brooklyn, NY 11205 is currently assessed at $74,700.

What are the property taxes for 427 Willoughby Avenue, Brooklyn, NY 11205?

The property taxes for 427 Willoughby Avenue, Brooklyn, NY 11205 total $7,576.

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.