987 4th Ave, Brooklyn, NY 11232 Property Records

New York City property record for 987 4th Ave, Brooklyn, NY 11232

Property Summary

Property TypeBank, Financial Building
Details3,870 sqft · built 2006
Lot Size0.287 acres (12,521 sqft)
OwnerCompany Name on Record
Last Sale$6,000,000 (Jan 2015)
Tax Bill$56,080 (2025)
APN00705-0001

Property Details

APN / Parcel Number

Primary APN00705-0001
Alternative APNs
  • 0303007050001
  • 3-00705-0001

Interior

Units2 Units
Stories1 Story
Building Area3,870 sqft Gross Area
1st Floor Area3,870 sqft

Exterior

Year BuiltBuilt 2006
Effective Year BuiltEffective 2006
Lot Area12,521 sqft (0.287 acres)
Lot Dimensions125 ft deep x 100 ft wide
View / LotCorner

Location & Zoning

Account Number3-00705-0001
Street Address987 4TH AVE
CityBROOKLYN
StateNY
Zip11232-2905
Property CategoryCommercial
Property TypeCommercial > Office > Bank, Financial Building
Local Zoning CodeM1-2
Legal Block705
Legal Lot Number1
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group2
Census Block2001
Census Tract8400

Owner

Source: New York City records, as of May 4, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address805 3RD AVE, 110, NEW YORK, NY 10022-7513
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 24, 2015 · Amount on Record
Deed SaleJan 24, 2015 · Amount on Record
Deed Document Number201528095
Prior Transfer DateApr 27, 2006
Prior Transfer Doc0000265288
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$981,450 (+5.26%) Land $422,550 Building $558,900$2,181,000 (+5.26%) Land $939,000 Building $1,242,000
2025$56,080.00 (+25.3%)
2023$44,756.00 Additional exemption filed$932,400 Land $422,550 Building $509,850$2,072,000 Land $939,000 Building $1,133,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,129 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20

May also be available: Optimum, Skywire Networks.

Nearby Properties on 4th Ave

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