Kings » 11231 » Smith St » 595 Smith St

595 Smith Street, Brooklyn, NY 11231 - Property report

Also known as: 235-243 Bay St

Property image for 595 Smith Street, Brooklyn, NY 11231

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

39,375

Sale price

$45,000,000

General information

Address

Primary address

595 Smith Street

Alternate address(es)

235-243 Bay St
595-609 Smith St
603-609 Smith St

Show all

ZIP code

11231

Neighborhood

Red Hook

Borough

Brooklyn

Block & lot

00489-0001

Building

Property type

Zoned Commercial or Manhattan Residential (V1)

Buildings on lot

Building material

Sales

Sale date

12/22/2020

Sale price

$45,000,000 - M

Tax

Tax year

2026-2027

Property tax

$107,932

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

225 ft x 175 ft

Lot sq. ft.

39,375

Area overview

Walk score

86 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

87 /100. Very Bikeable

School district

Community district

Closest police station

0.84 Miles

Closest fire station

0.03 Miles

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

Ownership

Ownership information for 595 Smith 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 595 Smith Street, Brooklyn, NY 11231

Sale date	Sale price	Buyer name	Seller name
12/22/2020	$45,000,000	XXX XXXX XXXX XX XXXXX, XXX	XX XXXXX XXX XXX XXX XXXX XXXXXXXXXX XXXXXXXX, XXX,
05/01/2007	$14,500,000	XX XXXXX, XXX XXX XXX XXXX XXXXXXXXXX XXXXXXXX, XXX	XXXX, XXXXXX XXX XXXX, XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/30/2023 - R 03/21/2023 - D	Mortgage (2023032900560001)	XXX XXXX XXXX XX XXXXX XXX	XXX XXXX X XX
01/31/2023 - R 11/29/2022 - D	Memorandum of Lease (2023013000827001)	XXX XXXX XXXX XX XXXXX XXX	XXXXXXX XXXXX XXXXXXXXXXXXX XXXXXXXXXXX XXXXX X
01/04/2021 - R 12/22/2020 - D	Deed (2020122900730001)	XX XXXXX XXX	XXX XXXX XXXX XX XXXXX XXX
05/14/2007 - R 05/01/2007 - D	Deed, Other (2007050800599001)	XXXX XXXXXX	XX XXXXX XXX
07/01/2006 - R 06/14/2006 - D	Satisfaction of Mortgage (2006062200664002)	XXXX XXXXXX	XXXXXXXXXXX XXXXXXXXX XXX
07/01/2006 - R 07/18/2005 - D	Satisfaction of Mortgage (2006062200664001)	XXXXX XXXXXX	XXXXXXXXXXXXXXXXXXXX XXX
07/31/1990 - R	Mortgage (3910001558491)	XXXX XXXXXX	XXXXXXXXXXX XXXXXXXXX XX
07/30/1990 - R	Uniform Commercial Code 1 (3000001861900)	XXXXXX XXXX	XXXXXXXXXXX XXXXXXXXX
06/06/1989 - R	Mortgage (3910001458891)	XXXX XXXXXX	XXXXXXXXXXX XXXXXXXXX XX
06/06/1989 - R 05/24/1989 - D	Deed (3900001458890)	XXXXXXXXXXX XXXXXXXXX	XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 595 Smith 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

$107,932

Municipal exemptions

Recent tax assessments

Market value

$3,492,000

Assessed value

$1,571,400

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	$2,686,000	$1,208,700	$776,340	10.848%	$84,217	$84,217	+24.16%
2024/25	$2,066,000	$929,700	$630,270	10.762%	$67,830	$67,830	+18.59%
2023/24	$1,589,000	$715,050	$540,000	10.592%	$57,197	$57,197	+9.05%
2022/23	$1,222,000	$549,900	$492,660	10.646%	$52,449	$52,449	+1.95%
2021/22	$1,063,000	$478,350	$478,350	10.755%	$51,447	$51,447	-6.82%
2020/21	$1,156,000	$520,200	$516,317	10.694%	$55,215	$55,215	-56.42%
2019/20	$2,923,000	$1,315,350	$1,202,310	10.537%	$126,687	$126,687	+3.26%
2018/19	$2,668,000	$1,200,600	$1,166,940	10.514%	$122,692	$122,692	+1.08%
2017/18	$2,663,000	$1,198,350	$1,154,520	10.514%	$121,386	$121,386	-0.50%
2016/17	$2,575,000	$1,158,750	$1,153,710	10.574%	$121,993	$121,993	+0.56%

Permits

Permit information for 595 Smith Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/13/2023	Alteration
11/21/2022	Alteration
11/15/2022	Alteration
02/10/2022	Alteration
05/29/2019	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
	10/10/2021	Earcx-failure to submit eer
	04/29/2021	Egrade-failure to post energy grade/score none
	09/02/2020	Aeuhaz1-fail to certify class 1

*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

Smith St & 9th St at NE Corner

Station lines

F-G-R

Distance (miles)

0.266

View subway map

Access the detailed traffic volume map for 595 Smith 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

Frequently asked questions

What is the market value of 595 Smith Street, Brooklyn, NY 11231?

The current market value of 595 Smith Street, Brooklyn, NY 11231 is $3,492,000.

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.