247 Water Street, Brooklyn, NY 11201 Property Information
247 Water Street, Brooklyn, NY 11201 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 247 Water Street |
| Secondary address | 247-255 Water St |
| Neighborhood | Vinegar Hill |
| Zip code | 11201 |
| Borough | Brooklyn |
| Block & lot | 00032-0055 |
Sales & Tax Overview for 247 Water Street, Brooklyn
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 | $326,955 |
Lot & Building Information for 247 Water Street, Brooklyn
| Lot sqft | 11,083 |
| Lot dimensions | |
| Building class | Office with Commercial - 1 to 6 Stories (O5)
|
| Building sqft | 37,662 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1900 |
| Year last altered | 2013 |
Area Overview
| School district | 13 |
| Community district | 2 |
| Closest police station | 0.50 Miles |
| Closest fire station | 0.47 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 247 Water Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 247-255 Water St, Brooklyn, NY 11201
About 247 Water Street, Brooklyn
This Office with Commercial - 1 to 6 Stories (O5) located at 247 Water Street, Brooklyn, NY 11201 has a total of 37,662 square feet.
What is the year built & the current market value of 247 Water Street, Brooklyn, NY 11201?247 Water Street, Brooklyn, NY 11201 was built in 1900 and has a current tax assessor's market value of $7,069,000.
How many commercial spaces does this building have?This building has 25 commercial spaces available for lease. There are 7 active listings at this address.
Ownership Information for 247 Water Street, Brooklyn
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Spaces for Lease in 247 Water Street, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 09/29/2022 |
| Last updated | 01/23/2025 |
| Lot size | 0.25 Acre |
No matter how you arrive in DUMBO—by foot, ferry, or the A,C, or F subway lines—you’ll land in one of NYC’s most attractive neighborhoods.Short for Down Under the Manhattan Bridge Overpass, DUMBO is known for its breathtaking views of Manhattan, world-class waterfront park, flourishing art and food scenes.
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| unit 501 | Flex Space | $50.05/Sqft/Year | 1,055 | Sam Hamway (914) 979-7395 |
| Unit 502 | Flex Space | $51.43/Sqft/Year | 700 | Sam Hamway (914) 979-7395 |
| Unit 505 | Flex Space | $50/Sqft/Year | 480 | Sam Hamway (914) 979-7395 |
| Unit 201 | Flex Space | $26.88/Sqft/Year | 1,250 | Sam Hamway (914) 979-7395 |
| Unit 208 | Flex Space | $35.43/Sqft/Year | 1,050 | Sam Hamway (914) 979-7395 |
| Unit 303 | Flex Space | $38.92/Sqft/Year | 740 | Sam Hamway (914) 979-7395 |
| Retail | Retail | $56/Sqft/Year | 2,245 | Sam Hamway (914) 979-7395 |
Past Sales & Property History for 247 Water Street, Brooklyn
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No recorded sales for this property.
Title Documents for 247 Water Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 247 Water Street, Brooklyn
Access detailed property tax data for 247 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: | $320,379 |
| Estimated property tax: | $326,955 |
| Tax assessor's market value: | $7,069,000 |
| Assessed value: | $3,181,050 |
Assessment History for 247 Water Street, Brooklyn
Here's the assessment & property tax history for 247 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 | $7,069,000 | $3,181,050 | $2,953,350 | 10.848% | $320,379 | $320,379 | -0.13% |
| 2024/25 | $7,092,000 | $3,191,400 | $2,980,710 | 10.762% | $320,784 | $320,784 | +3.53% |
| 2023/24 | $6,901,000 | $3,105,450 | $2,925,180 | 10.592% | $309,835 | $309,835 | +3.65% |
| 2022/23 | $6,354,000 | $2,859,300 | $2,807,910 | 10.646% | $298,930 | $298,930 | +14.40% |
| 2021/22 | $5,399,000 | $2,429,550 | $2,429,550 | 10.755% | $261,298 | $261,298 | -6.37% |
Permits for 247 Water Street, Brooklyn
The complete history of permits filed for 247 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.
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Brooklyn Commercial Market Stats
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.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
Transportation
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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) | 0.188 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Bridge St/Front St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 247 Water Street, Brooklyn
Here are the neighbors for 247 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 |
| 311 Water St, Brooklyn | 2,880 | 12/31/2001 | |
| 57 Hudson Ave, Brooklyn | 3,857 | 10/07/1999 | |
| 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 | ||
| 309 Water St, Brooklyn | 12/31/2001 | ||
| 261 Water St, Brooklyn | 15,050 | 12/29/2009 |