New York City » 11207 » Jerome St » 971 Jerome St

971 Jerome Street #Prof, Brooklyn, NY 11207 - Property report

Also known as: 971 Jerome St #Prof

Property image for 971 Jerome Street #Prof, Brooklyn, NY 11207

Property type

Office Space (RB)

Year built

1990

Lot sq. ft.

456,479

Sale price

$5,836,286 - M

General information

Address

Primary address

971 Jerome Street #Prof

Alternate address(es)

971-973 Jerome St #Prof

ZIP code

11207

Neighborhood

East New York

Borough

Brooklyn

Block & lot

04423-1001

Building

Property type

Office Space (RB)

Unit sq. ft.

922

Buildings on lot

Stories

Year built

1990

Building material

Sales

Sale date

12/29/2021

Sale price

$5,836,286 - M

Tax

Tax year

2026-2027

Property tax

$7,545

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

540

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

200 ft x 485 ft

Lot sq. ft.

456,479

Area overview

Walk score

67 /100. Somewhat Walkable

Transit score

88 /100. Excellent Transit

Bike score

59 /100. Bikeable

School district

Community district

Closest police station

0.87 Miles

Closest fire station

0.91 Miles

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

Ownership

Ownership information for 971 Jerome Street #Prof, 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 971 Jerome Street #Prof, Brooklyn, NY 11207

Sale date	Sale price	Buyer name	Seller name
12/29/2021	$5,836,286	XXXXXXXXXX XXXXXX XX XXX	XXXXXXXXXX XX XXX
05/19/2015	$53,000,000	XXXXXXXXXX XX XXX	XX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/02/2022 - R 06/29/2022 - D	Correction Deed (2022082900893002)	XXXXXXXXXX XX XXX	XXXXXXXXXX XXXXXX XX XXX
01/18/2022 - R 12/29/2021 - D	Partial Release of Mortgage (2022011100518004)	XXX XXXXXXX XXX	XXXXXXXXXX XX XXX
01/21/2022 - R 12/29/2021 - D	Power of Attorney (2022011001065002)	XXXXXXXXXX XXXXXX XX XXX	XXXXX XX XXXXXXXXXXX XX XXXXXXXXXX XX XXXXXXX XXXX
01/21/2022 - R 12/29/2021 - D	Deed (2022011001065001)	XXXXXXXXXX XX XXX	XXXXXXXXXX XXXXXX XX XXX
01/18/2022 - R 12/28/2021 - D	Assignment, Mortgage (2022011100518003)	XXX XXXX XXXXXXXXX XXXX	XXX XXXXXXX XXX
01/18/2022 - R 12/28/2021 - D	Termination of Assign of L&R (2022011100518001)	XXX XXXX XXXXXXXXX XXXX	XXXXXXXXXX XX XXX
11/04/2021 - R 12/18/2020 - D	Agreement (2021102600275001)	XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
12/27/2016 - R 11/04/2016 - D	Satisfaction of Mortgage (2016113001264001)	XXXXXXXX XXXXXXXXXX XXX	XXX XXXX XXXXXXXXX XXXX
06/04/2015 - R	Initial UCC1 (2015052601096008)	XXXXXXXXXX XX XXX	XXX XXXX XXXXXXXXX XXXX
06/04/2015 - R 05/19/2015 - D	Power of Attorney (2015052601096007)	XXXXXXXXXX XX XXX	XX XX XXXXXXXX XX XXX XXXXXXXXX XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 971 Jerome Street #Prof, 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

$7,545

Municipal exemptions

Recent tax assessments

Market value

$156,106

Assessed value

$70,247

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	$168,785	$75,953	$66,045	10.848%	$7,165	$7,165	+2.93%
2024/25	$161,875	$72,843	$64,678	10.762%	$6,961	$6,961	+4.34%
2023/24	$148,819	$66,968	$62,984	10.592%	$6,671	$6,671	+1.49%
2022/23	$137,206	$61,743	$61,742	10.646%	$6,573	$6,573	+15.93%
2021/22	$117,166	$52,725	$52,724	10.755%	$5,670	$5,670	-12.10%
2020/21	$153,603	$69,121	$60,319	10.694%	$6,451	$6,451	+12.01%
2019/20	$143,049	$64,372	$54,654	10.537%	$5,759	$5,759	+10.11%
2018/19	$141,761	$63,792	$49,744	10.514%	$5,230	$5,230	+13.38%
2017/18	$129,615	$58,327	$43,872	10.514%	$4,613	$4,613	+12.23%
2016/17	$102,211	$45,995	$38,868	10.574%	$4,110	$4,110	+6.16%

Permits

Permit information for 971 Jerome Street #Prof, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

Ashford St & Livonia Ave at SW Corner

Station lines

Distance (miles)

0.679

View subway map

Access the detailed traffic volume map for 971 Jerome Street #Prof, Brooklyn, NY 11207 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 971 Jerome Street #Prof, Brooklyn, NY

125 Shepherd Ave, Brooklyn 12143 Flatlands Ave, Brooklyn 29 Flatlands Ave, Brooklyn 923 Wortman Ave, Brooklyn 186 Vandalia Ave, Brooklyn 177 Ardsley Loop, Brooklyn 155 Elmira Loop, Brooklyn 1279 Pennsylvania Ave, Brooklyn 1111 Pennsylvania Ave, Brooklyn 1266 Pennsylvania Ave, Brooklyn 1325 Pennsylvania Ave, Brooklyn 12025 Flatlands Ave, Brooklyn 12015 Flatlands Ave, Brooklyn 970 Vermont St, Brooklyn 1426 Freeport Loop, Brooklyn 1506 Hornell Loop, Brooklyn 975 Georgia Ave, Brooklyn 33 Flatlands Ave, Brooklyn 1044 Linwood St, Brooklyn

Frequently asked questions

What is the year built for 971 Jerome Street #Prof, Brooklyn, NY 11207?

The development at 971 Jerome Street #Prof, Brooklyn, NY 11207 was built in 1990.

What is the market value of 971 Jerome Street #Prof, Brooklyn, NY 11207?

The current market value of 971 Jerome Street #Prof, Brooklyn, NY 11207 is $156,106.

What is the total square footage of 971 Jerome Street #Prof, Brooklyn, NY 11207?

971 Jerome Street #Prof, Brooklyn, NY 11207 has a total of 922 square feet.

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.