| Primary address | 261 Water Street |
| Secondary address | 261-263 Water St |
| Neighborhood | Vinegar Hill |
| Zip code | 11201 |
| Borough | Brooklyn |
| Block & lot | 00032-0050 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $45,115 |
| Lot sqft | 4,342 |
| Lot dimensions | |
| Building class | Factory - Light Manufacturing (F5) |
| Building sqft | 6,840 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1925 |
| Construction type | Register |
| Zoning | Register |
| Commercial units | 2 |
| School district | 13 |
| Community district | 2 |
| Closest police station | 0.50 Miles |
| Closest fire station | 0.49 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Factory - Light Manufacturing (F5) located at 261 Water Street, Brooklyn, NY 11201 has a total of 6,840 square feet.
What is the year built & the current market value of 261 Water Street, Brooklyn, NY 11201?261 Water Street, Brooklyn, NY 11201 was built in 1925 and has a current tax assessor's market value of $925,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 05/09/2024 |
| Last updated | 01/23/2025 |
| Lot size | 0.1 Acre |
AA
19,657 Sq.Ft. of Retail/Industrial Space for LEASE
===============================
This two stroy building, featuring cellar and roof rights, boasts 74
feet of frontage on Water Street. This property is situated in the
heart of DUMBO/Brooklyn Bridge Park.
Available Space
Ground Floor: 6,362 Sq.Ft.
2nd Floor: 6,362 Sq.Ft.
Cellar: 4,416 Sq.Ft.
Roof Top: 2,500 Sq. Ft.
=====================================
Lease Price Upon Request
Create a free account to view the complete sales history for 261 Water Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 261 Water Street, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $42,157 |
| Estimated property tax: | $45,115 |
| Tax assessor's market value: | $925,000 |
| Assessed value: | $416,250 |
Here's the assessment & property tax history for 261 Water Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $925,000 | $416,250 | $388,620 | 10.848% | $42,157 | $42,157 | +4.53% |
| 2024/25 | $968,000 | $435,600 | $374,760 | 10.762% | $40,332 | $40,332 | -43.03% |
| 2023/24 | $1,647,000 | $741,150 | $668,430 | 10.592% | $70,800 | $70,800 | +4.68% |
| 2022/23 | $1,505,000 | $677,250 | $635,310 | 10.646% | $67,635 | $67,635 | +10.82% |
| 2021/22 | $1,261,000 | $567,450 | $567,450 | 10.755% | $61,029 | $61,029 | -0.10% |
The complete history of permits filed for 261 Water Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
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Distance to Subway
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| Closest station | Jay St & York St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.207 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Bridge St/Front St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.096 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 261 Water Street, Brooklyn, NY 11201.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 301 Water St, Brooklyn | 2,470 | 10/28/2025 | $2,300,000 |
| 59 Hudson Ave, Brooklyn | 4,394 | 09/15/2000 | |
| 50 Hudson Ave, Brooklyn | 3,200 | 08/03/1989 | |
| 54 Hudson Ave, Brooklyn | 2,560 | 11/24/2020 | $1,975,000 |
| 254 Plymouth St, Brooklyn | 4,700 | 12/04/2025 | |
| 179 Water St, Brooklyn | 1,017 | 12/20/1999 | |
| 265 Water St, Brooklyn | 5,800 | 12/29/2009 | |
| 49 Gold St, Brooklyn | |||
| 52 Hudson Ave, Brooklyn | 2,960 | 05/31/1981 | |
| 216 Plymouth St, Brooklyn | 12,000 | 07/10/2023 | $3,466,667 |
| 181 Water St, Brooklyn | 600 | 12/20/1999 | |
| 311 Water St, Brooklyn | 2,880 | 12/31/2001 | |
| 56 Gold St, Brooklyn | 19,800 | 01/16/1979 | |
| 236 Plymouth St, Brooklyn | 19,059 | 12/19/2001 | |
| 177 Water St, Brooklyn | 9,800 | 09/25/2012 | $525,000 |
| 50 Gold St, Brooklyn | 14,760 | 09/03/2002 | |
| 36 Bridge St, Brooklyn | 22,958 | ||
| 247 Water St, Brooklyn | 37,662 | 07/31/1995 | |
| 309 Water St, Brooklyn | 12/31/2001 |
