45 GRACEY AVE
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Location
45 GRACEY AVE
Mblu
0513/ 243B/ 010C/ 0000/
Acct#
7911
Owner
45 GRACEY LLC
Total Market Value
$3,966,300
Appraisal
$5,666,100
PID
7911
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$4,466,100$1,200,000$5,666,100
Assessment
Valuation YearImprovementsLandTotal
2025$3,126,300$840,000$3,966,300

Owner of Record
Owner45 GRACEY LLC
Co-Owner
Address670 MYRTLE AVE SUITE 447
BROOKLYN, NY 11205
Sale Price$6,130,000
Book & Page 5500/741
Sale Date07/13/2023
QualifiedU

Ownership History
Ownership History
OwnerSale PriceBook & PageSale Date
45 GRACEY LLC$6,130,0005500/74107/13/2023
GRACEY AVENUE INDUSTRIAL PARK LLC$900,0004162/30210/18/2007

Building Information
Building 1 : Section 1
Year Built: 1953
Living Area: 72,484
Replacement Cost: $5,127,263
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$2,820,000
Building Attributes
FieldDescription
StyleLight Industrial
ModelComm/Ind
GradeC
Stories1
Occupancy1
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Concrete
Interior Floor 2 
Heat FuelGas
Heat TypeForced Hot Air
AC TypeNone
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACNONE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall06
Rooms/Prtns02
Wall Height34.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 50,884 50,884
AOFOFFICE 21,600 21,600
CANCANOPY 1,710 0
   74,194 72,484
Building 2 : Section 1
Year Built: 1953
Living Area: 47,291
Replacement Cost: $2,823,907
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$1,553,100
Building Attributes : Bldg 2 of 2
FieldDescription
StyleLight Industrial
ModelComm/Ind
GradeC
Stories1
Occupancy1
Exterior Wall 1Stucco/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Typical
Interior Wall 2 
Interior Floor 1Concrete
Interior Floor 2 
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHEAT/AC SPLIT
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall06
Rooms/Prtns02
Wall Height18.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 45,761 45,761
FUSFINISHED UPPER STORY 1,530 1,530
CANCANOPY 1,740 0
   49,031 47,291

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
ELV2ELEVATOR FRGHT1.00 STOP$21,800$15,3002
MEZ1MEZZANINE-UNF1764.00 SF$19,200$13,4002
LDL1LOAD LEVELERS4.00 UNIT$6,400$4,5001

Land
Land Use
Use Code201
DescriptionCommercial  
NeighborhoodCI3A
Land Line Valuation
Size (Acres)8
Total Market Land$840,000
Appraised Value$1,200,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
FN3FENCE-8' CHAIN250.00 L.F.$2,600$1,8001
PAV1PAVING40000.00 S.F.$43,000$30,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,092,300$571,200$1,663,500
2023$1,092,300$571,200$1,663,500

Assessment
Valuation YearImprovementsLandTotal
2024$764,610$399,840$1,164,450
2023$764,610$399,840$1,164,450

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