New York City » 11201 » Montague St » 98 Montague St

98 Montague Street, Brooklyn, NY 11201 - Property report

Also known as: 211-229 Hicks St

Property image for 98 Montague Street, Brooklyn, NY 11201

Property type

Miscellaneous Hotel (H9)

Year built

1912

Lot sq. ft.

15,600

Sale price

$100,000,000

General information

Address

Primary address

98 Montague Street

Alternate address(es)

211-229 Hicks St
59-65 Remsen St
86-98 Montague St

ZIP code

11201

Neighborhood

Brooklyn Heights

Borough

Brooklyn

Block & lot

00248-0015

Building

Property type

Miscellaneous Hotel (H9)

Building sq. ft.

187,200

Building dimensions

78 ft x 200 ft

Buildings on lot

Stories

Year built

1912

Last altered

2014

Building material

Sales

Sale date

05/23/2025

Sale price

$100,000,000

Tax

Tax year

2026-2027

Property tax

$2,532,594

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

78 ft x 200 ft

Lot sq. ft.

15,600

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

85 /100. Very Bikeable

School district

Community district

Closest police station

0.65 Miles

Closest fire station

0.12 Miles

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

Ownership

Ownership information for 98 Montague Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 98 Montague Street, Brooklyn, NY 11201

Sale date	Sale price	Buyer name	Seller name
05/23/2025	$100,000,000	XXXXXXX XXXXXX, XXX	XX XXXXXXXX XXXXXXXXX XXX
04/22/2025	$1,014,686	XX XXXXXXXX XXXXXXXXX XXX	XX XXXXXXXX XXX
11/02/2012	$81,000,000	XX XXXXXXX XXX XXX XX XXXXXXX XX XXX XXX XXXXXXXX XXXXXXXXX XXX	XXXXXXXXXX XXXXX XXX XXXXX XXXXXXX XX XXX XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/11/2025 - R 05/23/2025 - D	Agreement (2025061100091001)	XX XXXXXXXX XXXXXX XXX	XXXXX XXXXXX XXXXX XXX
05/28/2025 - R 05/23/2025 - D	Mortgage (2025052700148002)	XXXXXXX XXXXXX XXX	XXXXXXXXXX XXXXX XXXXXXXX XXX
05/28/2025 - R 05/23/2025 - D	Deed (2025052700148001)	XX XXXXXXXX XXXXXXXXX XXX	XXXXXXX XXXXXX XXX
05/21/2025 - R 04/22/2025 - D	Deed (2025052100193001)	XX XXXXXXXX XXX	XX XXXXXXXX XXXXXXXXX XXX
05/07/2024 - R	UCC3 Assignment (2024050601066003)	XX XXXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/07/2024 - R 04/25/2024 - D	Asgn of Asgn of L&R (2024050601066002)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XX XXXXXXXX XXXXXXXXX XXX
05/07/2024 - R 04/25/2024 - D	Assignment, Mortgage (2024050601066001)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XX XXXXXXXX XXXXXXXXX XXX
05/11/2026 - R 02/12/2024 - D	Sundry Miscellaneous (2026032000382001)	XXXXXXX XXX
03/14/2022 - R 11/29/2021 - D	Sundry Miscellaneous (2022011301618001)	XX XXXXXXXX XXX
08/11/2021 - R 07/29/2021 - D	Agreement (2021080100073001)	XX XXXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 98 Montague 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

$2,532,594

Municipal exemptions

Recent tax assessments

Market value

$52,268,000

Assessed value

$23,520,600

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	$51,526,000	$23,186,700	$23,186,700	10.848%	$2,515,293	$2,515,293	+3.15%
2024/25	$50,350,000	$22,657,500	$22,657,500	10.762%	$2,438,400	$2,438,400	-0.89%
2023/24	$52,629,000	$23,683,050	$23,227,830	10.592%	$2,460,292	$2,460,292	+0.63%
2022/23	$52,629,000	$23,683,050	$22,964,760	10.646%	$2,444,828	$2,444,828	+0.77%
2021/22	$50,943,000	$22,924,350	$22,557,735	10.755%	$2,426,084	$2,426,084	+0.55%
2020/21	$50,943,000	$22,924,350	$22,563,360	10.694%	$2,412,926	$2,412,926	+3.87%
2019/20	$50,943,000	$22,924,350	$22,047,165	10.537%	$2,323,110	$2,323,110	+1.39%
2018/19	$49,706,000	$22,367,700	$21,791,880	10.514%	$2,291,198	$2,291,198	+4.13%
2017/18	$46,507,000	$20,928,150	$20,928,150	10.514%	$2,200,386	$2,200,386	+11.68%
2016/17	$41,406,000	$18,632,700	$18,632,700	10.574%	$1,970,222	$1,970,222	+24.86%

Permits

Permit information for 98 Montague Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/20/2026	Alteration
08/04/2026	Alteration
07/09/2026	Alteration
06/23/2026	Alteration
06/19/2026	Alteration

*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
	11/14/2025	Hblvio-high pressure boiler boiler required
	11/14/2025	Hblvio-high pressure boiler boiler required

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Clinton St & Montague St at NW Corner

Station lines

R-2-3-4-5

Distance (miles)

0.157

View subway map

Access the detailed traffic volume map for 98 Montague 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 98 Montague Street, Brooklyn, NY 11201?

The development at 98 Montague Street, Brooklyn, NY 11201 was built in 1912.

What is the market value of 98 Montague Street, Brooklyn, NY 11201?

The current market value of 98 Montague Street, Brooklyn, NY 11201 is $52,268,000.

What is the total square footage of 98 Montague Street, Brooklyn, NY 11201?

98 Montague Street, Brooklyn, NY 11201 has a total of 187,200 square feet.

What is the price per square foot for this property?

$534 per square foot is the price for 98 Montague Street, Brooklyn, NY 11201.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.