| Primary address | 240 Lorraine Street |
| Secondary address | 241-247 Creamer St |
| Neighborhood | Red Hook |
| Zip code | 11231 |
| Borough | Brooklyn |
| Block & lot | 00486-0012 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $40,517 |
| Lot sqft | 20,000 |
| Lot dimensions | |
| Building class | Other Miscellaneous (Z9)
|
| Building sqft | 1,500 |
| Building dimensions | |
| Buildings on lot | 2 |
| Stories | 1 |
| Structure type | Miscellaneous other |
| Building material | Wood |
| Year built | 1950 |
| Frontage(s) | Creamer Street (narrow) Lorraine Street (wide) |
| Zoning | Register |
| Commercial units | 1 |
| School district | 15 |
| Community district | 6 |
| Closest police station | 0.78 Miles |
| Closest fire station | 0.01 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
240 Lorraine Street, Brooklyn, NY 11231 was built in 1950 and has a total of 1,500 square feet.
What is the assessed value of 240 Lorraine Street, Brooklyn, NY 11231 and the property tax paid?Assessed at $384,300, the tax amount paid for 240 Lorraine Street, Brooklyn, NY 11231 is $39,335. For the next year, the tax amount for 240 Lorraine Street, Brooklyn, NY 11231 is estimated at $40,517.
When was 240 Lorraine Street, Brooklyn, NY 11231 last sold?240 Lorraine Street, Brooklyn, NY 11231 was last sold in 06/16/1993.
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Create a free account to view the complete sales history for 240 Lorraine Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 240 Lorraine 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: | $39,336 |
| Estimated property tax: | $40,517 |
| Tax assessor's market value: | $854,000 |
| Assessed value: | $384,300 |
Here's the assessment & property tax history for 240 Lorraine 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 | $854,000 | $384,300 | $362,610 | 10.848% | $39,336 | $39,336 | +4.51% |
| 2024/25 | $829,000 | $373,050 | $349,750 | 10.762% | $37,640 | $37,640 | +6.54% |
| 2023/24 | $805,000 | $362,250 | $333,540 | 10.592% | $35,329 | $35,329 | +4.99% |
| 2022/23 | $782,000 | $351,900 | $316,090 | 10.646% | $33,651 | $33,651 | +4.05% |
| 2021/22 | $759,000 | $341,550 | $300,710 | 10.755% | $32,341 | $32,341 | -7.61% |
The complete history of permits filed for 240 Lorraine 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.
Access a detailed real estate market overview of Red Hook so you can assess current trends, home values, types of properties sold and transaction volume.
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| FEMA flood zone(s): | AE (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Closest station | Smith St & 9th St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F-G-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.226 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Court St/Lorraine St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.049 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 15 Patrick F Daly | 4 | Yes | Public | PK, K-5 | 381 | 0.70 |
| P.S. 15 Patrick F Daly | 4 | Yes | Public | PK, K-5 | 381 | 0.70 |
| International School of Brooklyn | NR | No | Private | PK-8 | 369 | 0.32 |
| International School of Brooklyn | NR | No | Private | PK-8 | 369 | 0.32 |
| International School of Brooklyn | NR | No | Private | PK, K-8 | 0 | 0.32 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| International School of Brooklyn | NR | No | Private | PK-8 | 369 | 0.32 |
| International School of Brooklyn | NR | No | Private | PK, K-8 | 0 | 0.32 |
| Pave Academy Charter School | 5 | No | Charter | K-8 | 473 | 0.34 |
| BASIS Independent Brooklyn | NR | No | Private | PK, K-12 | 907 | 0.47 |
| Summit Academy Charter School | 5 | No | Charter | 6-12 | 203 | 0.47 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| BASIS Independent Brooklyn | NR | No | Private | PK, K-12 | 907 | 0.47 |
| Summit Academy Charter School | 5 | No | Charter | 6-12 | 203 | 0.47 |
| Brooklyn Secondary School For Collaborative Studie | 6 | No | Public | 6-12 | 671 | 0.52 |
| Al-Madinah School | NR | No | Private | PK-12 | 790 | 0.63 |
| Al-Noor School | NR | No | Private | PK-12 | 654 | 0.69 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 240 Lorraine Street, Brooklyn, NY 11231.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 182 Sigourney St, Brooklyn | 10,056 | 08/08/1979 | |
| 241 Lorraine St, Brooklyn | 6,000 | 06/30/1999 | |
| 386 Hamilton Ave, Brooklyn | 100 | 03/19/2001 | |
| 633 Court St, Brooklyn | 56,000 | 04/13/1999 | |
| 585 Court St, Brooklyn | 9,958 | 09/15/2022 | $5,825,469 |
| 378 Hamilton Ave, Brooklyn | 2,380 | 06/30/1999 | |
| 595 Smith St, Brooklyn | 71,280 | 12/22/2020 | $45,000,000 |
| 610 Smith St, Brooklyn | 60,000 | 05/30/2017 | |
| 388 Hamilton Ave, Brooklyn | 03/19/2001 | ||
| 183 Lorraine St, Brooklyn | 225,260 | 09/20/2004 | $10,000,000 |
| 248 Lorraine St, Brooklyn | 7,000 | 10/12/1990 | |
| 587 Court St, Brooklyn | 10,000 | 09/15/2022 | $5,825,469 |
| 570 Smith St, Brooklyn | 5,000 | 10/15/1968 | |
| 245 Lorraine St, Brooklyn | 2,375 | 03/19/2001 | |
| 382 Hamilton Ave, Brooklyn | 4,000 | 03/19/2001 | |
| 600 Smith St, Brooklyn | 23,500 | 06/08/1993 | |
| 627 Smith St, Brooklyn | 18,000 | 12/22/2020 | $45,000,000 |
| 243 Lorraine St, Brooklyn | 4,462 | 06/30/1999 | |
| 252 Lorraine St, Brooklyn | 11,400 | ||
| 590 Smith St, Brooklyn | 30,000 | 07/27/2017 | $7,510,000 |
