New York City  »  11231  »  Lorraine St  »  240 Lorraine St

240 Lorraine Street, Brooklyn, NY 11231 - Property report

Also known as: 241-247 Creamer St

Property image for 240 Lorraine Street, Brooklyn, NY 11231
static Mapbox map

Property type

Other Miscellaneous (Z9)

Year built

1950

Lot sq. ft.

20,000

General information

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Address
Primary address
240 Lorraine Street
Alternate address(es)
240-246 Lorraine St
241-247 Creamer St
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00486-0012

Owner

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Building
Property type
Other Miscellaneous (Z9)
Building sq. ft.
1,500
Building dimensions
20 ft x 100 ft
Buildings on lot
2
Stories
1
Year built
1950
Building material
Wood
Tax
Tax year
2026-2027
Property tax
$40,517
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Commercial units
1
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Lorraine Street (wide)
Creamer Street (narrow)
Distance to wide street
Lot dimensions
100 ft x 200 ft
Lot sq. ft.
20,000

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
0.78 Miles
Closest fire station
0.01 Miles

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

Ownership information for 240 Lorraine Street, Brooklyn, NY

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

Sales history for 240 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
11/16/2023 - R
09/21/2023 - D
Memorandum of Lease
(2023111000409001)
XXX XXXXX XX XXXXXX XXXX XXXXXX XXXXXXX XXX
01/15/1999 - R Satisfaction of Mortgage
(3020006426802)
XXX XXXXX XXXXXX XXXXXX XXXX XXXXXX XXXXXX
06/16/1993 - R Deed
(3720001779672)
XXXXXX XXXXXX XXX XXXXX XX XXXX XXXX
06/02/1993 - R Mortgage
(3730001779673)
XXX XXXXX XX XXXXXXXX XXXXXX XXXXXX
11/16/1990 - R Mortgage
(3750001581575)
XXX XX XXXXX XXXX XXXX XXXXXX XXXXXX
11/16/1990 - R Mortgage
(3740001581574)
XXX XXXXX XXXXXX XX XXXXXX XXXXXX
11/16/1990 - R Deed
(3730001581573)
XXXXXX XXXXXX XXX XXXXX XX XXXXXXXXXX
11/16/1990 - R Deed
(3720001581572)
XXXXXX XXXXXX XXX XXXXX XX XXXXXXXXXX
10/12/1990 - R Deed
(3840001573584)
XXXXXX XXXXXX XXXXXX XXXXXX
12/21/1988 - R Deed
(3640001419264)
XXXXXXXX XXX XXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 240 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
$40,517
Municipal exemptions
Recent tax assessments
Market value
$880,000
Assessed value
$396,000

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 $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%
2020/21 $935,000 $420,750 $327,340 10.694% $35,006 $35,006 -2.04%
2019/20 $908,000 $408,600 $339,140 10.537% $35,735 $35,735 -8.60%
2018/19 $882,000 $396,900 $371,880 10.514% $39,099 $39,099 +3.15%
2017/18 $856,000 $385,200 $360,540 10.514% $37,907 $37,907 -0.17%
2016/17 $831,000 $373,950 $359,100 10.574% $37,971 $37,971 -0.99%

Permit information for 240 Lorraine Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/03/2025 Alteration
10/30/2024 Alteration
08/05/2024 Alteration
11/10/2023 Alteration
10/19/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Carroll Gardens, Columbia, RedHook residential market stats

Access a detailed real estate market overview of Carroll Gardens, Columbia, RedHook so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Carroll Gardens, Columbia, RedHook and compare it to other neighborhoods in Brooklyn.

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.226

Access the detailed traffic volume map for 240 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
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
Red Hook Neighborhood School 6 No Public 1-6 89 0.47
Brooklyn New School-PS 146 (The) 7 No Public PK, K-5 649 0.52
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
Brooklyn Secondary School For Collaborative Studie 6 No Public 6-12 671 0.52
Hannah Senesh Community Day School NR No Private K-8 231 0.57
Al-Madinah School NR No Private PK-12 790 0.63
Hellenic Classical Charter School 10 No Charter PK, K-8 483 0.76
Ms 51 William Alexander 7 No Public 6-8 1,026 0.82
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
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
AL-Noor School NR No Private PK-12 630 0.69
South Brooklyn Community High School 1 No Public 9-12 103 0.83
New Dawn Charter High School 2 No Charter 9-12 233 0.91
School For International Studies 5 No Public 6-12 782 0.95
Digital Arts and Cinema Technology High School 8 No Public 9-12 331 0.95

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 240 Lorraine Street, Brooklyn, NY 11231?

The development at 240 Lorraine Street, Brooklyn, NY 11231 was built in 1950.

What is the total square footage of 240 Lorraine Street, Brooklyn, NY 11231?

240 Lorraine Street, Brooklyn, NY 11231 has a total of 1,500 square feet.

What is the assessed value of 240 Lorraine Street, Brooklyn, NY 11231?

240 Lorraine Street, Brooklyn, NY 11231 is currently assessed at $396,000.

What are the property taxes for 240 Lorraine Street, Brooklyn, NY 11231?

The property taxes for 240 Lorraine Street, Brooklyn, NY 11231 total $40,517.

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