The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$749,999
2231 Mermaid Ave
Brooklyn, NY, 11224
View more Brooklyn, NY property pages3Beds
1.5Baths
1,365Sqft
$549$/sqft
Market Insights
Below nearby median-14%
$549/sqft vs a nearby median of $635/sqft.
Nearby median$635/sqft
Nearby properties8
Property size1,365 sqft
- -14% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,365 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$889k$809k – $969k · 50% confidence
vs ask $750k−$139k (−18.5%)
Asking price is about 18.5% below the fair value — likely to draw competing offers if it's still on market.
$682/sqft median across 6 tight comps × 1,365 sqft= $931k
- Days-on-market gravity−$28k −3.0%
- Special flood hazard zone−$19k −2.0%
- Transit access+$5k +0.5%
Cumulative NYC adjustments−$42k−4.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read1 item to check
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Listing Details
- Days on market
- 223 days
- Last price change
- No change recorded
- Listed
- Oct 1, 2025
- Photos
- 18 photos
- Property type
- single family
- Status
- for sale
Photos
Building Facts
- Year built
- 1991
- Stories
- 2
- Total units
- 1
- Residential units
- 1
- Building area
- 1,356 sqft
- Lot size
- 1,966 sqft
- Land use
- One and two family buildings
- Building class
- A5
From NYC public records where available.
Price History
May 4, 2026Initial record
$749,999for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations0 open
0 total recorded
ACRIS documents9
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)13,385
Top: illegal parking
Top complaint types in ZIP 11224
- Illegal Parking2,790
- Noise - Residential2,324
- HEAT/HOT WATER809
- UNSANITARY CONDITION608
- Noise - Street/Sidewalk603
Recent Transfers (ACRIS)
- Mar 27, 1992DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.