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7 Commerce St; Brooklyn, NY Property Details

7 Commerce St, Brooklyn, NY is a Warehouse that was built in 1955. This property is currently Financed and is not for sale. Our records show that 7 Commerce St has a total of 30,909 square feet. The lot size of 7 Commerce St is 58,000 square feet.

Off market
7 Commerce St Brooklyn, NY 11231
$2,007,900 Estimated Value
30,909 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1955
  • Purchase Price: $1,758,000
  • Open Loans / Balance: 2 / $2,568,888
  • APN: 00519-0017
  • Situs County: Kings
  • Length Of Ownership: 25 years, 8 months

Structure

  • Stories: 1

Measurements

  • Total: 30,909/SqFt
  • Lot: 58,000/SqFt
  • Gross: 30,909/SqFt
  • Living: 30,909/SqFt
  • Building: 30,909/SqFt
  • Ground: 30,909/SqFt
  • Price Per Square Foot: $56.88
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.679295 / -74.00616
  • Property Class: Industrial
  • Zoning: M1-1
  • County Use Code: E1

Ownership Info

7 Commerce St has no associated ownership info
7 Commerce St has no associated ownership info.

Taxes

7 Commerce St has 10 associated Taxes items

7 Commerce 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 $2,007,900. The APN we've located for 7 Commerce St is 00519-0017.

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Taxes
  • Assessed Value:  $2,007,900
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  00519-0017
  • Assessed Land Value:  587250
  • Market Land Value:  1305000
  • Tax Amount:  162642.88
  • Tax Year:  2025
  • Market Value:  4462000
  • Market Year:  2026

Tax History

7 Commerce St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $2,007,900 Land Value $587,250 Improvement Value $1,420,650 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $162,642.88 Change Rate +0.106813% Assessed CR Tax Rate
Year 2024 Assessed Value $1,840,500 Land Value $587,250 Improvement Value $1,253,250 Tax Amount $146,947.05 Change Rate +0.031855% Assessed CR Tax Rate +0.079841%
Year 2023 Assessed Value $1,736,550 Land Value $587,250 Improvement Value $1,149,300 Tax Amount $142,410.5 Change Rate +0.005087% Assessed CR Tax Rate +0.082008%
Year 2022 Assessed Value $1,586,700 Land Value $587,250 Improvement Value $999,450 Tax Amount $141,689.73 Change Rate -0.470102% Assessed CR Tax Rate +0.089298%
Year 2021 Assessed Value $1,282,500 Land Value $587,250 Improvement Value $695,250 Tax Amount $267,390.62 Change Rate Assessed CR Tax Rate +0.208492%
Year 2020 Assessed Value $1,303,200 Land Value $587,250 Improvement Value $715,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $1,252,800 Land Value $587,250 Improvement Value $665,550 Tax Amount $121,140.24 Change Rate +0.056358% Assessed CR Tax Rate +0.096696%
Year 2018 Assessed Value $1,229,400 Land Value $587,250 Improvement Value $642,150 Tax Amount $114,677.24 Change Rate +0.054927% Assessed CR Tax Rate +0.093279%
Year 2017 Assessed Value $1,183,050 Land Value $587,250 Improvement Value $595,800 Tax Amount $108,706.34 Change Rate +0.025848% Assessed CR Tax Rate +0.091887%
Year 2016 Assessed Value $1,074,150 Land Value $587,250 Improvement Value $486,900 Tax Amount $105,967.32 Change Rate Assessed CR Tax Rate +0.098652%
Year 2015 Assessed Value $1,021,500 Land Value $587,250 Improvement Value $434,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $945,450 Land Value $587,250 Improvement Value $358,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $46,982.44 Change Rate Assessed CR Tax Rate