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259 Smith Street, Brooklyn, NY 11231 Property Information

259 Smith Street, Brooklyn, NY 11231 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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259 Smith Street, Brooklyn, NY 11231 1
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Address

Primary address 259 Smith Street
Neighborhood Cobble Hill
Zip code 11231
Borough Brooklyn
Block & lot 00415-0003

Sales & Tax Overview for 259 Smith Street, Brooklyn

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Purchase date 08/03/2023
Purchase price $1,500,000
Tax class
Estimated property tax $8,958

Lot & Building Information for 259 Smith Street, Brooklyn

Lot sqft 1,360
Lot dimensions 17 ft x 80 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 2,340
Building dimensions 17 ft x 46 ft
Buildings on lot 1
Stories 3
Year built 1931
Construction type
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Zoning & Use for 259 Smith Street, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.38 Miles
Closest fire station 0.58 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 259 Smith Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 259 Smith Street, Brooklyn, NY 11231, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 259 Smith Street, Brooklyn, NY 11231, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 259 Smith Street, Brooklyn

How many sq. ft. does 259 Smith Street, Brooklyn, NY 11231 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 259 Smith Street, Brooklyn, NY 11231 has a total of 2,340 square feet and a current price per square foot of $641.

What is the year built & the current market value of 259 Smith Street, Brooklyn, NY 11231?

259 Smith Street, Brooklyn, NY 11231 was built in 1931 and has a current tax assessor's market value of $3,201,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 259 Smith Street, Brooklyn

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Property owner name for 259 Smith Street, Brooklyn, NY 11231
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Building contacts for 259 Smith Street, Brooklyn, NY 11231
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 259 Smith Street, Brooklyn

Create a free account to view the complete sales history for 259 Smith Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/03/2023 $1,500,000

Title Documents for 259 Smith Street, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
08/03/2023 - D
08/29/2023 - R
Deed
(2023082200729001)
07/18/2023 - D
07/19/2023 - R
Satisfaction of Mortgage
(2023071800812001)
06/22/2011 - D
07/15/2011 - R
Deed
(2011062500104001)
08/15/1996 - R Mortgage
(3350005288635)
12/08/1970 - R Release of Estate Tax Lien
(37030045101371)
11/24/1970 - R Deed
(37030044801921)
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R: Recorded date
D: Document date

Property Taxes for 259 Smith Street, Brooklyn

Access detailed property tax data for 259 Smith Street, Brooklyn, NY 11231. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,888
Estimated property tax: $8,958
Tax assessor's market value: $3,201,000
Assessed value: $192,060

Assessment History for 259 Smith Street, Brooklyn

Here's the assessment & property tax history for 259 Smith 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 $3,201,000 $192,060 $44,790 19.843% $8,888 $8,888 +4.69%
2024/25 $2,706,000 $162,360 $42,269 20.085% $8,490 $8,490 +6.00%
2023/24 $2,439,000 $146,340 $39,877 20.085% $8,009 $8,009 +4.83%
2022/23 $2,077,000 $124,620 $37,621 20.309% $7,640 $7,640 +1.74%
2021/22 $1,870,000 $112,200 $37,621 19.963% $7,510 $7,510 -4.39%

Permits for 259 Smith Street, Brooklyn

The complete history of permits filed for 259 Smith 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.

Filing date Job type Job status Job description Initial cost
04/27/2011 Alteration type 2
09/29/2009 Alteration type 3
         
         
         
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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.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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: 4 (See more on map)

Transportation

Distance to Subway
Closest station Smith St & President St at NW Corner
Station lines F-G
Distance (miles) 0.158
View subway map
Bus Routes
Name Smith St/Douglass St
Line B57
Distance (miles) 0.057

Neighbors for 259 Smith Street, Brooklyn

Here are the neighbors for 259 Smith Street, Brooklyn, NY 11231.

Address Square feet Purchase date Purchase price
257 Smith St, Brooklyn 2,301 12/10/2019
305 Degraw St, Brooklyn 3,846 06/14/2024
255 Smith St, Brooklyn 2,301 09/08/2024
249 Smith St, Brooklyn 2,850 02/03/2006
295 Degraw St, Brooklyn 6,000 12/14/2018
303 Degraw St, Brooklyn 3,000 06/18/1997
307 Degraw St, Brooklyn 3,500 12/29/1999
74 Douglass St, Brooklyn 3,600 10/28/2013 $1,500,000
299 DE Graw St, Brooklyn 4,250
309 Degraw St, Brooklyn 3,001 08/24/1981
76 Douglass St, Brooklyn 3,600 11/05/2024
261 Smith St, Brooklyn 2,301 08/03/2023 $1,500,000
247 Smith St, Brooklyn 2,850 05/19/2008
243 Smith St, Brooklyn 3,240 02/20/2013
253 Smith St, Brooklyn 2,301 09/27/2016 $2,500,000
245 Smith St, Brooklyn 1,995 03/10/2006
263 Smith St, Brooklyn 2,301 09/20/2004
251 Smith St, Brooklyn 2,300 10/03/2017
297 Degraw St, Brooklyn 2,572 06/16/1986
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