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1 12th St; Brooklyn, NY Property Details

1 12th St, Brooklyn, NY is a Shopping Center/mall that was built in 1968. This property is currently a cash purchase and is not for sale. Our records show that 1 12th St has a total of 108,625 square feet. The lot size of 1 12th St is 86,250 square feet.

Off market
1 12th St Brooklyn, NY 11215
$7,836,300 Estimated Value
108,625 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1968
  • Purchase Price: $62,000,000
  • APN: 01007-0172
  • Situs County: Kings
  • Length Of Ownership: 8 years, 1 months

Structure

  • Stories: 5

Measurements

  • Total: 108,625/SqFt
  • Lot: 86,250/SqFt
  • Gross: 108,625/SqFt
  • Living: 108,625/SqFt
  • Building: 108,625/SqFt
  • Ground: 50,432/SqFt
  • Price Per Square Foot: $570.77
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.672253 / -73.99696
  • Property Class: Commercial
  • Zoning: M1-2
  • County Use Code: K6

Amenities

  • Plus Four: 3820

Ownership Info

1 12th St has no associated ownership info
1 12th St has no associated ownership info.

Taxes

1 12th St has 10 associated Taxes items

1 12th St, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $7,836,300. The APN we've located for 1 12th St is 01007-0172.

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Taxes
  • Assessed Value:  $7,836,300
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  01007-0172
  • Assessed Land Value:  585000
  • Market Land Value:  1300000
  • Tax Amount:  710881.11
  • Tax Year:  2025
  • Market Value:  17414000
  • Market Year:  2026

Tax History

1 12th St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $7,836,300 Land Value $585,000 Improvement Value $7,251,300 Tax Amount $794,117.31 Change Rate +0.117089% Assessed CR Tax Rate +0.101338%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $710,881.12 Change Rate +0.127353% Assessed CR Tax Rate
Year 2024 Assessed Value $7,567,200 Land Value $585,000 Improvement Value $6,982,200 Tax Amount $630,575.62 Change Rate +0.075927% Assessed CR Tax Rate +0.08333%
Year 2023 Assessed Value $6,424,200 Land Value $585,000 Improvement Value $5,839,200 Tax Amount $586,076.56 Change Rate +0.034644% Assessed CR Tax Rate +0.09123%
Year 2022 Assessed Value $5,904,450 Land Value $585,000 Improvement Value $5,319,450 Tax Amount $566,452.38 Change Rate -0.374353% Assessed CR Tax Rate +0.095937%
Year 2021 Assessed Value $4,233,150 Land Value $585,000 Improvement Value $3,648,150 Tax Amount $905,386.12 Change Rate +2.114299% Assessed CR Tax Rate +0.21388%
Year 2020 Assessed Value $5,637,600 Land Value $585,000 Improvement Value $5,052,600 Tax Amount $290,719.12 Change Rate -0.446898% Assessed CR Tax Rate +0.051568%
Year 2019 Assessed Value $5,466,600 Land Value $585,000 Improvement Value $4,881,600 Tax Amount $525,615.81 Change Rate +0.060765% Assessed CR Tax Rate +0.09615%
Year 2018 Assessed Value $5,362,200 Land Value $623,700 Improvement Value $4,738,500 Tax Amount $495,506.19 Change Rate +0.059699% Assessed CR Tax Rate +0.092407%
Year 2017 Assessed Value $5,308,200 Land Value $623,700 Improvement Value $4,684,500 Tax Amount $467,591.53 Change Rate +0.082576% Assessed CR Tax Rate +0.088089%
Year 2016 Assessed Value $4,989,150 Land Value $623,700 Improvement Value $4,365,450 Tax Amount $431,924.97 Change Rate Assessed CR Tax Rate +0.086573%
Year 2015 Assessed Value $4,340,700 Land Value $623,700 Improvement Value $3,717,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $3,937,950 Land Value $623,700 Improvement Value $3,314,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $170,632.98 Change Rate Assessed CR Tax Rate