New York City  »  11201  »  Water St  »  246 Water St

Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 - Property report

Also known as: 231 Front St

Property image for Dumbo Offices - 246 Water Street, Brooklyn, NY 11201
static Mapbox map

Property type

Office Only 2-6 Stories (O2)

Year built

1900

Lot sq. ft.

10,315

General information

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Address
Building name
Dumbo Offices
Primary address
Dumbo Offices - 246 Water Street
Alternate address(es)
231-233 Front St
244-246 Water St
ZIP code
11201
Neighborhood
Vinegar Hill
Borough
Brooklyn
Block & lot
00042-0011

Owner

Find out who owns Dumbo Offices - 246 Water Street, Brooklyn, NY 11201. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only 2-6 Stories (O2)
Building sq. ft.
72,682
Building dimensions
50 ft x 200 ft
Buildings on lot
2
Stories
6
Year built
1900
Last altered
2008
Building material
Tax
Tax year
2026-2027
Property tax
$722,906
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
53.58 ft x 100 ft
Lot sq. ft.
10,315

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
13
Community district
2
Closest police station
0.46 Miles
Closest fire station
0.45 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for Dumbo Offices - 246 Water Street, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Dumbo Offices - 246 Water Street, Brooklyn, NY 11201

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/15/2017 - R
02/07/2017 - D
Satisfaction of Mortgage
(2017021400879001)
XXXX XXXX XXX XXXX XXXX XXX XX
03/12/2010 - R
03/10/2010 - D
Easement
(2010031100392001)
XXXX XXXXX XX X XXXX XXXXX XX X
09/03/2008 - R
07/17/2008 - D
Easement
(2008071800266001)
XXXX XXXXX XX X XXXX XXXXX XX X
04/15/2008 - R
03/25/2008 - D
Deed
(2008040300924001)
XXXX XXXXX XX X XXXX XXXXX XX X
08/08/2001 - R Sundry Miscellaneous
(3030007768603)
XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX XX XXXXXX XXXXX XXXX
12/14/1994 - R Initial UCC1
(3280004573228)
XXXX XXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
07/19/1993 - R Assignment, Mortgage
(3110001786811)
XXXXXXXXXX XX XXXXXXXXX XXXXXXXXX XXXXXXXXXXXXX
08/21/1990 - R Uniform Commercial Code 3
(3280001865128)
XXXX XXXX XXX XXXXXXXXX XXXX XXX
08/21/1990 - R Assignment, Mortgage
(3660001562466)
XXXXXXXXX XXXX XXX XXXXXXXXX XXXXXXXXXXXXX
08/21/1990 - R Assignment, Mortgage
(3630001562463)
XXXXXXXXX XXXXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Dumbo Offices - 246 Water Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$722,906
Municipal exemptions
Recent tax assessments
Market value
$15,285,000
Assessed value
$6,878,250

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $15,918,000 $7,163,100 $6,151,410 10.848% $667,305 $667,305 +5.68%
2024/25 $14,601,000 $6,570,450 $5,867,280 10.762% $631,437 $631,437 +6.07%
2023/24 $14,515,000 $6,531,750 $5,620,410 10.592% $595,314 $595,314 +8.39%
2022/23 $13,725,000 $6,176,250 $5,158,890 10.646% $549,215 $549,215 +18.33%
2021/22 $9,590,000 $4,315,500 $4,315,500 10.755% $464,132 $464,132 -0.11%
2020/21 $12,761,000 $5,742,450 $4,344,930 10.694% $464,647 $464,647 +18.11%
2019/20 $11,858,000 $5,336,100 $3,733,470 10.537% $393,396 $393,396 +19.58%
2018/19 $9,387,000 $4,224,150 $3,129,030 10.514% $328,986 $328,986 +18.41%
2017/18 $7,549,000 $3,397,050 $2,642,623 10.514% $277,845 $277,845 +14.02%
2016/17 $6,722,000 $3,024,900 $2,304,582 10.574% $243,687 $243,687 +12.05%

Permit information for Dumbo Offices - 246 Water Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/23/2025 Alteration
02/28/2023 Alteration
11/26/2012 Alteration type 2
11/26/2012 Alteration type 2
02/09/2012 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/14/2017 C-construction
03/13/2017 E-elevator
03/13/2017 E-elevator

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Jay St & York St at SW Corner
Station lines
F
Distance (miles)
0.164

Access the detailed traffic volume map for Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Dumbo Offices - 246 Water Street, Brooklyn, NY 11201?

The development at Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 was built in 1900.

What is the market value of Dumbo Offices - 246 Water Street, Brooklyn, NY 11201?

The current market value of Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 is $15,285,000.

What is the total square footage of Dumbo Offices - 246 Water Street, Brooklyn, NY 11201?

Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 has a total of 72,682 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 39.

How many active listings does Dumbo Offices - 246 Water Street, Brooklyn, NY 11201 have?

This address has 5 active listing(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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