New York City  »  11201  »  Nassau St  »  240 Nassau St

240 Nassau Street, Brooklyn, NY 11201 - Property report

Also known as: 240 Nassau St

Property image for 240 Nassau Street, Brooklyn, NY 11201
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Property type

Community Center (P5)

Year built

1975

Lot sq. ft.

24,412

Sale price

$15,000,000

General information

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Address
Primary address
240 Nassau Street
ZIP code
11201
Neighborhood
Downtown Brooklyn
Borough
Brooklyn
Block & lot
00110-0025

Owner

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Building
Property type
Community Center (P5)
Building sq. ft.
24,180
Building dimensions
168 ft x 113 ft
Buildings on lot
1
Stories
2
Year built
1975
Last altered
1997
Building material
Sales
Sale date
11/16/2023
Sale price
$15,000,000
Tax
Tax year
2026-2027
Property tax
$256,860
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Commercial units
1
Lot
Lot dimensions
217 ft x 112.5 ft
Lot sq. ft.
24,412

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
13
Community district
2
Closest police station
0.15 Miles
Closest fire station
0.53 Miles

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

Ownership

Ownership information for 240 Nassau Street, Brooklyn, NY

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

Sales history for 240 Nassau Street, Brooklyn, NY 11201

Sale date Sale price Buyer name Seller name
11/16/2023 $15,000,000 XXX XXXXXX XXXXXX XXXXX, XXX XXXXXXX XXXXXX XXXX & XXXXX XXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/13/2025 - R UCC3 Termination
(2025011000911003)		 XXXXXXX XXXXXX XXXX XXXXX XXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX
01/13/2025 - R
12/09/2024 - D		 Termination of Assign of L&R
(2025011000911002)		 XXXXXXX XXXXXX XXXX XXXXX XXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX
01/13/2025 - R
12/09/2024 - D		 Satisfaction of Mortgage
(2025011000911001)		 XXXXXXX XXXXXX XXXX XXXXX XXXX XXX XXXXXX XXXXXXX XXXXXXX XXXX
11/29/2023 - R Initial UCC1
(2023112200605009)		 XXX XXXXXX XXXXXX XXXXX XXX XXXXX XXXXXX XXXXX XXX
11/29/2023 - R
11/16/2023 - D		 Assignment of Leases and Rents
(2023112200605008)		 XXX XXXXXX XXXXXX XXXXX XXX XXXXX XXXXXX XXXXX XXX
11/29/2023 - R
11/16/2023 - D		 Mortgage
(2023112200605007)		 XXX XXXXXX XXXXXX XXXXX XXX XXXXX XXXXXX XXXXX XXX
11/29/2023 - R
11/16/2023 - D		 Sundry Agreement
(2023112200605006)		 XXX XXXXXX XXXXXX XXXXX XXX XXXXXXX XXXXXX XXXX XXXXX XXXX XXX
11/29/2023 - R
11/16/2023 - D		 Deed
(2023112200605005)		 XXXXXXX XXXXXX XXXX XXXXX XXXX XXX XXX XXXXXX XXXXXX XXXXX XXX
11/29/2023 - R
11/16/2023 - D		 Release
(2023112200605003)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXX XXXXXX XXXX XXXXX XXXX XXX
11/29/2023 - R
11/16/2023 - D		 Partial Release of Mortgage
(2023112200605002)		 XXXXXX XXXXXXX XXXXXXX XXXX XXXXXXX XXXXXX XXXX XXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 Nassau 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
$256,860
Municipal exemptions
Recent tax assessments
Market value
$5,533,000
Assessed value
$2,489,850

More about New York City Property Taxes

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 $5,404,000 $2,431,800 $2,266,920 10.848% $245,915 $245,915 +0.68%
2024/25 $5,285,000 $2,378,250 $2,269,710 10.762% $244,266 $244,266 n/a
2023/24 $5,164,000 $2,323,800 $0 10.592% $240,922 $0 n/a
2022/23 $4,923,000 $2,215,350 $0 10.646% $235,846 $0 n/a
2021/22 $4,412,000 $1,985,400 $0 10.755% $213,530 $0 n/a
2020/21 $5,435,000 $2,445,750 $0 10.694% $243,685 $0 n/a
2019/20 $5,339,000 $2,402,550 $0 10.537% $229,695 $0 n/a
2018/19 $5,109,000 $2,299,050 $0 10.514% $216,343 $0 n/a
2017/18 $4,845,000 $2,180,250 $0 10.514% $205,670 $0 n/a
2016/17 $4,591,000 $2,065,950 $0 10.574% $201,466 $0 n/a
Permits

Permit information for 240 Nassau Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/23/2024 Alteration
07/26/2012 Place of assembly
11/23/2010 Alteration type 2
12/03/2007 Alteration type 2
08/31/2007 Place of assembly

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Jay St & York St at SW Corner
Station lines
F
Distance (miles)
0.338
View subway map

Access the detailed traffic volume map for 240 Nassau 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

Neighbors for 240 Nassau Street, Brooklyn, NY

185 Concord St, Brooklyn 177 Concord St, Brooklyn 243 Jay St, Brooklyn 234 Bridge St, Brooklyn 61 Flatbush Avenue Ext, Brooklyn 169 Concord St, Brooklyn 193 Concord St, Brooklyn 1 Duffield St, Brooklyn 46 Navy St, Brooklyn 25 Chapel St, Brooklyn 183 Concord St, Brooklyn 212 Gold St, Brooklyn 250 Father James F Hinchey Pl, Brooklyn 63 Flatbush Avenue Ext, Brooklyn 195 Concord St, Brooklyn 167 Concord St, Brooklyn

Nearby ZIP codes for 240 Nassau Street, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10013, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 240 Nassau Street, Brooklyn, NY 11201?

The development at 240 Nassau Street, Brooklyn, NY 11201 was built in 1975.

What is the total square footage of 240 Nassau Street, Brooklyn, NY 11201?

240 Nassau Street, Brooklyn, NY 11201 has a total of 24,180 square feet.

When was 240 Nassau Street, Brooklyn, NY 11201 last sold and what was the sale price?

240 Nassau Street, Brooklyn, NY 11201 was last sold on 11/16/2023 for $15,000,000.

What is the assessed value of 240 Nassau Street, Brooklyn, NY 11201?

240 Nassau Street, Brooklyn, NY 11201 is currently assessed at $2,489,850.

What are the property taxes for 240 Nassau Street, Brooklyn, NY 11201?

The property taxes for 240 Nassau Street, Brooklyn, NY 11201 total $256,860.

Disclaimer

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