New York City  »  11231  »  Lorraine St  »  245 Lorraine St

245 Lorraine Street, Brooklyn, NY 11231 - Property report

Also known as: 245 Lorraine St

Property image for 245 Lorraine Street, Brooklyn, NY 11231
static Mapbox map

Property type

Factory - Light Manufacturing (F5)

Year built

1931

Lot sq. ft.

2,500

General information

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Address
Primary address
245 Lorraine Street
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00484-0025

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
2,375
Building dimensions
25 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$16,744
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
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.76 Miles
Closest fire station
0.01 Miles

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

Ownership

Ownership information for 245 Lorraine 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 245 Lorraine Street, Brooklyn, NY 11231

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/20/2018 - R
06/18/2018 - D		 Satisfaction of Mortgage
(2018061901344001)		 XXXXXXX XXXXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
06/20/2018 - R
06/18/2018 - D		 Termination of Assign of L&R
(2018061901327001)		 XXXXXXXXX XXXX X X XXXXXXX XXXXXXXXXX XXX
06/12/2018 - R UCC3 Termination
(2018061100658001)		 XXXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X
03/11/2016 - R UCC3 Continuation
(2016030901374001)		 XXXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXX X X
07/28/2011 - R
06/29/2011 - D		 Discharge of Tax Lien
(2011072000872001)		 XXXX XX XXX XXXX XXXXXX
07/12/2011 - R
05/27/2011 - D		 Agreement
(2011070500548002)		 XXXXXXX XXXXXXXXXX XXX XX XXXX XXXXX X XXXXXXXX XX XXXXXXXXX XXXX
07/12/2011 - R
05/27/2011 - D		 Assignment of Leases and Rents
(2011070500548001)		 XXXXXXX XXXXXXXXXX XXX XX XXXX XXXXX X XXXXXXXX XX XXXXXXXXX XXXX
01/14/2011 - R
01/07/2011 - D		 UCC3 Continuation
(2011010700284001)		 XXXXXXX XXXXXXXXXX XXX XXXXXXXXX XXXX XXXXXXXXX XX XXXXXX
03/29/2006 - R
03/27/2006 - D		 UCC3 Continuation
(2006032700182001)		 XXXXXXX XXXXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXX XXXX
09/15/2003 - R
01/31/2003 - D		 Termination of Assign of L&R
(2003030500304001)		 XXXXXXX XXXXXXXXXX XXX XX XXXXXX XXXX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 245 Lorraine 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
$16,744
Municipal exemptions
Recent tax assessments
Market value
$343,000
Assessed value
$154,350

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 $343,000 $154,350 $148,500 10.848% $16,109 $16,109 +1.35%
2024/25 $363,000 $163,350 $147,690 10.762% $15,894 $15,894 +6.00%
2023/24 $356,000 $160,200 $141,570 10.592% $14,995 $14,995 +5.32%
2022/23 $325,000 $146,250 $133,740 10.646% $14,238 $14,238 +11.85%
2021/22 $263,000 $118,350 $118,350 10.755% $12,729 $12,729 -6.73%
2020/21 $334,000 $150,300 $127,620 10.694% $13,648 $13,648 +9.02%
2019/20 $295,000 $132,750 $118,800 10.537% $12,518 $12,518 +5.16%
2018/19 $269,000 $121,050 $113,220 10.514% $11,904 $11,904 +2.95%
2017/18 $266,000 $119,700 $109,980 10.514% $11,563 $11,563 -4.33%
2016/17 $254,000 $114,300 $114,300 10.574% $12,086 $12,086 +6.80%
Permits

Permit information for 245 Lorraine Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/26/2021 Alteration
06/30/1997 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Smith St & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.188
View subway map

Access the detailed traffic volume map for 245 Lorraine Street, Brooklyn, NY 11231 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 245 Lorraine Street, Brooklyn, NY

241 Lorraine St, Brooklyn 386 Hamilton Ave, Brooklyn 585 Court St, Brooklyn 378 Hamilton Ave, Brooklyn 577 Court St, Brooklyn 357 Hamilton Ave, Brooklyn 240 Lorraine St, Brooklyn 595 Smith St, Brooklyn 388 Hamilton Ave, Brooklyn 183 Lorraine St, Brooklyn 587 Court St, Brooklyn 248 Lorraine St, Brooklyn 563-569 Court St, Brooklyn 570 Smith St, Brooklyn 382 Hamilton Ave, Brooklyn 543 Smith St, Brooklyn 243 Lorraine St, Brooklyn 252 Lorraine St, Brooklyn 590 Smith St, Brooklyn 551 Smith St, Brooklyn

Nearby ZIP codes for 245 Lorraine Street, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, 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 11201, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 245 Lorraine Street, Brooklyn, NY 11231?

The development at 245 Lorraine Street, Brooklyn, NY 11231 was built in 1931.

What is the market value of 245 Lorraine Street, Brooklyn, NY 11231?

The current market value of 245 Lorraine Street, Brooklyn, NY 11231 is $343,000.

What is the total square footage of 245 Lorraine Street, Brooklyn, NY 11231?

245 Lorraine Street, Brooklyn, NY 11231 has a total of 2,375 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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