New York City  »  11224  »  Mermaid Ave  »  1702 Mermaid Ave

1702 Mermaid Avenue, Brooklyn, NY 11224 Property Information

1702 Mermaid Avenue, Brooklyn, NY 11224 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1702 Mermaid Avenue, Brooklyn, NY 11224 1
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Address

Primary address 1702 Mermaid Avenue
Secondary address 1702-1710 Mermaid Ave
Neighborhood Coney Island
Zip code 11224
Borough Brooklyn
Block & lot 07061-0009

Sales & Tax Overview for 1702 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 07/12/2018
Purchase price $3,600,000
Tax class
Estimated property tax $62,054

Lot & Building Information for 1702 Mermaid Avenue, Brooklyn

Lot sqft 8,000
Lot dimensions 80 ft x 100 ft
Building class One Story Retail Building (K1) i
Building sqft 8,000
Building dimensions 80 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1996
Construction type
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Zoning & Use for 1702 Mermaid Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 3
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 13
Closest police station 0.45 Miles
Closest fire station 0.41 Miles

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

Other Property Data for 1702 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 1702 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 1702 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.

  • 1702-1710 Mermaid Ave, Brooklyn, NY 11224

About 1702 Mermaid Avenue, Brooklyn

How many sq. ft. does 1702 Mermaid Avenue, Brooklyn, NY 11224 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 1702 Mermaid Avenue, Brooklyn, NY 11224 has a total of 8,000 square feet and a current price per square foot of $450.

What is the year built & the current market value of 1702 Mermaid Avenue, Brooklyn, NY 11224?

1702 Mermaid Avenue, Brooklyn, NY 11224 was built in 1996 and has a current tax assessor's market value of $1,176,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 1702 Mermaid Avenue, Brooklyn

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Property owner name for 1702 Mermaid Avenue, Brooklyn, NY 11224
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Building contacts for 1702 Mermaid Avenue, Brooklyn, NY 11224
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 1702 Mermaid Avenue, Brooklyn

Create a free account to view the complete sales history for 1702 Mermaid Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/12/2018 $3,600,000
06/15/2006 $3,500,000
       
       
       
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Title Documents for 1702 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
08/08/2024 - R UCC3 Assignment
(2024080800190002)
08/08/2024 - R UCC3 Assignment
(2024080800190001)
01/08/2024 - R UCC3 Termination
(2024010500712001)
12/14/2023 - D
08/08/2024 - R
Asgn of Asgn of L&R
(2024080800178004)
12/14/2023 - D
08/08/2024 - R
Assignment, Mortgage
(2024080800178002)
07/03/2023 - R Initial UCC1
(2023070300389001)
03/12/2023 - D
08/08/2024 - R
Asgn of Asgn of L&R
(2024080800178003)
03/12/2023 - D
08/08/2024 - R
Assignment, Mortgage
(2024080800178001)
07/01/2022 - R Initial UCC1
(2022062901174001)
06/27/2022 - D
11/22/2022 - R
Assignment of Leases and Rents
(2022072501339002)
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R: Recorded date
D: Document date

Property Taxes for 1702 Mermaid Avenue, Brooklyn

Access detailed property tax data for 1702 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: $54,557
Estimated property tax: $62,054
Tax assessor's market value: $1,176,000
Assessed value: $529,200

Assessment History for 1702 Mermaid Avenue, Brooklyn

Here's the assessment & property tax history for 1702 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 $1,176,000 $529,200 $502,920 10.848% $54,557 $54,557 +14.02%
2024/25 $988,000 $444,600 $444,600 10.762% $47,848 $47,848 -15.92%
2023/24 $1,222,000 $549,900 $537,300 10.592% $56,911 $56,911 -1.46%
2022/23 $1,242,000 $558,900 $542,520 10.646% $57,757 $57,757 +37.96%
2021/22 $960,000 $432,000 $389,250 10.755% $46,462 $41,864 -15.80%

Permits for 1702 Mermaid Avenue, Brooklyn

The complete history of permits filed for 1702 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
09/22/2021 Alteration
02/09/2021 Alteration
11/17/2020 Alteration type 1
10/14/2020 Alteration type 2
08/17/2017 Alteration type 1
03/24/2014 Alteration type 2
02/13/2004 Sign
08/20/1997 New building
01/17/1997 Alteration type 2
01/13/1997 New building
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 & Surf Ave at NE Corner
Station lines D-F-N-Q
Distance (miles) 0.205
View subway map
Bus Routes
Name W 17 St/Mermaid Av
Line X38
Distance (miles) 0.009

Neighbors for 1702 Mermaid Avenue, Brooklyn

Here are the neighbors for 1702 Mermaid Avenue, Brooklyn, NY 11224.

Address Square feet Purchase date Purchase price
1412 Mermaid Ave, Brooklyn 7,500 12/18/2020
2937 W 15th St, Brooklyn 08/25/1993
2918 Stillwell Ave, Brooklyn 1,500 08/17/1970
3010 W 33rd St, Brooklyn 51,536 04/04/2014 $509,125
2106 Mermaid Ave, Brooklyn 08/02/1979
2900 Stillwell Ave, Brooklyn 04/11/2018 $592,394
1414 Mermaid Ave, Brooklyn 4,420 04/06/1970
3112 Mermaid Ave, Brooklyn 4,000 10/22/1993
4705 Beach 47 St, Brooklyn
2110 Mermaid Ave, Brooklyn 08/02/1979
2104 Mermaid Ave, Brooklyn 08/02/1979
1315 Surf Ave, Brooklyn 01/16/1978
2915 W 15th St, Brooklyn 12,681 08/02/1979
1500 Boardwalk W, Brooklyn 3,825
2960 W 29th St, Brooklyn 217,140 07/11/2013 $34,218,261
3720 Atlantic Ave, Brooklyn 10/21/1968
4024 Surf Ave, Brooklyn 2,188 11/10/2017
4598 Beach 46 St, Brooklyn 1,250
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