New York City  »  11224  »  Mermaid Ave  »  1509 Mermaid Ave

1509 Mermaid Avenue, Brooklyn, NY 11224 Property Information

1509 Mermaid Avenue, Brooklyn, NY 11224 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1509 Mermaid Avenue, Brooklyn, NY 11224 1
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Address

Primary address 1509 Mermaid Avenue
Secondary address 2888 W 15th St
Neighborhood Coney Island
Zip code 11224
Borough Brooklyn
Block & lot 07022-0044

Sales & Tax Overview for 1509 Mermaid Avenue, Brooklyn

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

Purchase date 02/24/2025
Purchase price $1,750,000
Tax class
Estimated property tax $13,668

Lot & Building Information for 1509 Mermaid Avenue, Brooklyn

Lot sqft 4,244
Lot dimensions 30 ft x 100 ft
Building class One Story Retail Building (K1)
Building sqft 2,400
Building dimensions 40 ft x 60 ft
Buildings on lot 2
Stories 1
Year built 1988
Construction type
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Zoning & Use for 1509 Mermaid Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 2
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 13
Closest police station 0.34 Miles
Closest fire station 0.51 Miles

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

Other Property Data for 1509 Mermaid Avenue, 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 1509 Mermaid Avenue, Brooklyn, NY 11224, 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 1509 Mermaid Avenue, Brooklyn, NY 11224, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 2888 W 15th St, Brooklyn, NY 11224
  • 1511 Mermaid Ave, Brooklyn, NY 11224

About 1509 Mermaid Avenue, Brooklyn

How many sq. ft. does 1509 Mermaid Avenue, Brooklyn, NY 11224 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1509 Mermaid Avenue, Brooklyn, NY 11224 has a total of 2,400 square feet and a current price per square foot of $729.

What is the year built & the current market value of 1509 Mermaid Avenue, Brooklyn, NY 11224?

1509 Mermaid Avenue, Brooklyn, NY 11224 was built in 1988 and has a current tax assessor's market value of $244,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 1509 Mermaid Avenue, Brooklyn

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Property owner name for 1509 Mermaid Avenue, Brooklyn, NY 11224
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Building contacts for 1509 Mermaid Avenue, Brooklyn, NY 11224
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1509 Mermaid Avenue, Brooklyn

Create a free account to view the complete sales history for 1509 Mermaid Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/24/2025 $1,750,000

Title Documents for 1509 Mermaid Avenue, 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
07/16/2025 - D
07/23/2025 - R
Assignment, Mortgage
(2025071600865001)
02/24/2025 - D
03/05/2025 - R
Mortgage
(2025030301126002)
02/24/2025 - D
03/05/2025 - R
Deed
(2025030301126001)
12/02/2016 - D
12/16/2016 - R
Deed
(2016121400173001)
04/16/2002 - R Withheld Satisfaction
(3050008368905)
04/16/2002 - R Release
(3860008369286)
12/06/2000 - R Deed
(3510007434451)
11/30/2000 - R Mortgage
(3360007426536)
11/30/2000 - R Certificate
(3260007426726)
11/30/2000 - R Assignment, Mortgage
(3310007426931)
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R: Recorded date
D: Document date

Property Taxes for 1509 Mermaid Avenue, Brooklyn

Access detailed property tax data for 1509 Mermaid Avenue, Brooklyn, NY 11224. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $11,911
Estimated property tax: $13,668
Tax assessor's market value: $244,000
Assessed value: $109,800

Assessment History for 1509 Mermaid Avenue, Brooklyn

Here's the assessment & property tax history for 1509 Mermaid Avenue, 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 $244,000 $109,800 $109,800 10.848% $11,911 $11,911 -17.74%
2024/25 $299,000 $134,550 $134,550 10.762% $14,480 $14,480 -1.11%
2023/24 $324,000 $145,800 $138,240 10.592% $14,642 $14,642 +7.24%
2022/23 $285,000 $128,250 $128,250 10.646% $13,653 $13,653 +11.50%
2021/22 $253,000 $113,850 $113,850 10.755% $12,245 $12,245 -21.42%

Permits for 1509 Mermaid Avenue, Brooklyn

The complete history of permits filed for 1509 Mermaid Avenue, 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.

Filing date Job type Job status Job description Initial cost
06/16/2025 Alteration
05/15/2025 Alteration
01/03/2022 Alteration
07/19/2018 Alteration type 2
05/04/2018 Alteration type 2
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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): AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Stillwell Ave & Mermaid Ave at SE Corner
Station lines D-F-N-Q
Distance (miles) 0.114
View subway map
Bus Routes
Name Mermaid Av/W 15 St
Line B74
Distance (miles) 0.011

Neighbors for 1509 Mermaid Avenue, Brooklyn

Here are the neighbors for 1509 Mermaid Avenue, Brooklyn, NY 11224.

Address Square feet Purchase date Purchase price
2106 Mermaid Ave, Brooklyn 08/02/1979
2828 W 28th St, Brooklyn 05/24/2023 $28,500,000
2876 W 23rd St, Brooklyn 2,370 09/10/1992
4705 Beach 47 St, Brooklyn
3112 Mermaid Ave, Brooklyn 4,000 10/22/1993
1714 Neptune Ave, Brooklyn 4,994 08/10/1999
2012 Neptune Ave, Brooklyn 28,558 03/10/1983
2110 Mermaid Ave, Brooklyn 08/02/1979
1510 Neptune Ave, Brooklyn 3,250 06/22/2016
2104 Mermaid Ave, Brooklyn 08/02/1979
1622 Neptune Ave, Brooklyn 645 09/30/2014 $3,536,469
2301-2309 Mermaid Ave, Brooklyn 19,134 09/10/1992
4024 Surf Ave, Brooklyn 2,188 11/10/2017
3720 Atlantic Ave, Brooklyn 10/21/1968
2960 W 29th St, Brooklyn 217,140 07/11/2013 $34,218,261
2865 W 19th St, Brooklyn 15,272
4598 Beach 46 St, Brooklyn 1,250
2955 Cropsey Ave, Brooklyn 1,254 10/12/1983
2973 Stillwell Ave, Brooklyn
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