New York City  »  11223  »  Avenue U  »  331 Avenue U

331 Avenue U, Brooklyn, NY 11223 - Property report

Also known as: 331 Avenue U

Property image for 331 Avenue U, Brooklyn, NY 11223
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

6,000

Sale price

$2,850,000 - M

General information

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Address
Primary address
331 Avenue U
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07104-0263

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
05/31/2016
Sale price
$2,850,000 - M
Tax
Tax year
2026-2027
Property tax
$58,823
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
60 ft x 100 ft
Lot sq. ft.
6,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
70 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.63 Miles
Closest fire station
0.53 Miles

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

Ownership information for 331 Avenue U, Brooklyn, NY

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

Sales history for 331 Avenue U, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
05/31/2016 $2,850,000 XXX XXXXXX X XXX XXXXXXXXXX, XXXXXXX XXX XXXXXXXXXX, XXXXXXXX, XXXXXX XXX XXXXXXXXXX, XXXXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2026 - R Initial UCC1
(2026030900478001)
XXX XXXXXX X XXXXXX XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
03/06/2026 - R
02/19/2026 - D
Assignment of Leases and Rents
(2026030500899004)
XXX XXXXXX X XXXXXX XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
03/06/2026 - R
02/19/2026 - D
Mortgage
(2026030500899003)
XXX XXXXXX X XXXXXX XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
03/06/2026 - R
02/19/2026 - D
Assignment of Leases and Rents
(2026030500899002)
XXX XXXXXX X XXXXXX XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
03/06/2026 - R
02/19/2026 - D
Mortgage
(2026030500899001)
XXX XXXXXX X XXXXXX XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
03/06/2026 - R
02/10/2026 - D
Termination of Assign of L&R
(2026030600119001)
XXXXXXX XXXXXXXXXX XXXXXXX XXX XXX XXXXXX X XXX
12/17/2025 - R UCC3 Termination
(2025121600768002)
XXX XXXXXX X XXX XXXXXX XXXXXXX XXXX
12/11/2025 - R
11/19/2025 - D
Deed
(2025121000778001)
XXX XXXXXX X XXX XXX XXXXXX X XXXXXX XXX
11/24/2025 - R
11/19/2025 - D
Satisfaction of Mortgage
(2025112000495001)
XXX XXXXXX X XXX XXXXXXX XXXXXXXXXX XXXXXXXX XXX
01/07/2026 - R
07/02/2025 - D
Satisfaction of Mortgage
(2026010600629001)
XXX XXXXXX X XXX XXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 331 Avenue U, 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
$58,823
Municipal exemptions
Recent tax assessments
Market value
$1,239,000
Assessed value
$557,550

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 $1,221,000 $549,450 $513,720 10.848% $55,728 $55,728 +257.59%
2024/25 $422,000 $189,900 $144,810 10.762% $15,584 $15,584 +19.07%
2023/24 $444,000 $199,800 $123,570 10.592% $13,089 $13,089 +21.00%
2022/23 $292,000 $131,400 $101,610 10.646% $10,817 $10,817 +17.02%
2021/22 $255,000 $114,750 $85,950 10.755% $9,244 $9,244 +16.42%
2020/21 $223,000 $100,350 $74,250 10.694% $7,940 $7,940 +16.29%
2019/20 $195,000 $87,750 $64,800 10.537% $6,828 $6,828 +13.81%
2018/19 $164,000 $73,800 $57,060 10.514% $5,999 $5,999 +12.72%
2017/18 $118,000 $53,100 $50,619 10.514% $5,322 $5,322 +4.06%
2016/17 $125,000 $56,250 $48,369 10.574% $5,115 $5,115 +4.68%

Permit information for 331 Avenue U, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/15/2026 Alteration
03/23/2026 Alteration
03/02/2026 New building
02/24/2026 Alteration
02/16/2026 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/31/2018 Aeuhaz1-fail to certify class 1

*Most recent DOB violation on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
McDonald Ave & Avenue U at SE Corner
Station lines
F
Distance (miles)
0.067

Access the detailed traffic volume map for 331 Avenue U, Brooklyn, NY 11223 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

Frequently asked questions

What is the market value of 331 Avenue U, Brooklyn, NY 11223?

The current market value of 331 Avenue U, Brooklyn, NY 11223 is $1,239,000.

Disclaimer

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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.

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