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140 Schermerhorn Street #Hotel, Brooklyn, NY 11201 - Property report

Also known as: 140 Schermerhorn St #Hotel

Property image for 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201
static Mapbox map

Property type

Hotel/Boatel (RH)

Year built

2014

Lot sq. ft.

27,582

Sale price

$97.5M

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
140 Schermerhorn Street #Hotel
ZIP code
11201
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00170-1001

Owner

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Building
Property type
Hotel/Boatel (RH)
Unit sq. ft.
130,677
Building dimensions
180 ft x 206 ft
Buildings on lot
1
Stories
20
Year built
2014
Sales
Sale date
11/30/2023
Sale price
$97,500,000
Tax
Tax year
2026-2027
Property tax
$59,729
Tax class
Zoning & Use
Residential units
128
Commercial units
4
Lot
Lot dimensions
180 ft x 206 ft
Lot sq. ft.
27,582

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise

Data provided by: Walk Score®

School district
15
Community district
2

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

Ownership

Ownership information for 140 Schermerhorn Street #Hotel, Brooklyn, NY

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

Sales history for 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201

Sale date Sale price Buyer name Seller name
11/30/2023 $97,500,000 XX XXXXXX XXX XXX XXXXXXXXXXXX XXXXXX XXXXXXXX XXXXX XXX
11/16/2016 $88,000,000 XXX XXXXXXXXXXXX XXXXXX XXXXXXXX XXXXX XXX XX XXXXX XXXXXX XXXXXXXX XXXXX X X X ,

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/20/2025 - R
05/09/2025 - D		 Agreement
(2025051600795002)		 XX XXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
05/20/2025 - R
05/09/2025 - D		 Correction Mortgage
(2025051600795001)		 XX XXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
05/16/2025 - R
05/09/2025 - D		 Agreement
(2025051500837002)		 XX XXXX XXX XXXXXXX XXXX XX XXX XXXX XXXXXX
05/16/2025 - R
05/09/2025 - D		 Correction Mortgage
(2025051500837001)		 XX XXXX XXX XXXXXXX XXXX XX XXX XXXX XXXXXX
05/13/2025 - R
05/09/2025 - D		 Agreement
(2025051200650002)		 XX XXXX XXX XXXXXXXXX XXXX XX XXX XXXX XXXXXX
05/13/2025 - R
05/09/2025 - D		 Mortgage
(2025051200650001)		 XX XXXX XXX XXXXXXXXX XXXX XX XXX XXXX XXXXXX
12/05/2023 - R UCC3 Termination
(2023120400080003)		 XXX XXXXXXXXXXXX XXXXXX XXXXXXXX XXXXX XXX XXXXXXXX XXXXX XXXX
12/05/2023 - R
11/30/2023 - D		 Power of Attorney
(2023120400080014)		 XX XXXXXX XXX XXX XXXXXX XXXXXXXXXXX
12/05/2023 - R
11/30/2023 - D		 Agreement
(2023120400080013)		 XX XXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
12/05/2023 - R
11/30/2023 - D		 Mortgage
(2023120400080012)		 XX XXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 140 Schermerhorn Street #Hotel, 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
$59,729
Municipal exemptions
Recent tax assessments
Market value
$39,138,651
Assessed value
$17,612,393

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 $37,413,651 $16,836,143 $13,767,463 10.848% $1,493,494 $71,106 -13.54%
2024/25 $31,819,000 $14,318,550 $14,054,634 10.762% $1,512,560 $82,243 +60.07%
2023/24 $29,880,170 $13,446,077 $13,446,077 10.592% $1,424,208 $51,380 -48.37%
2022/23 $27,413,000 $12,335,850 $12,335,850 10.646% $1,313,275 $99,514 +50.42%
2021/22 $26,446,000 $11,900,700 $11,900,700 10.755% $1,279,920 $66,159 -96.54%
2020/21 $44,233,000 $19,904,850 $17,870,877 10.694% $1,911,112 $1,911,112 +4.49%
2019/20 $38,715,000 $17,421,750 $17,358,265 10.537% $1,829,040 $1,829,040 -2.45%
2018/19 $44,000,000 $19,800,000 $17,833,673 10.514% $1,875,032 $1,875,032 +2.83%
2017/18 $38,540,000 $17,343,000 $17,342,031 10.514% $1,823,341 $1,823,341 n/a
Permits

Permit information for 140 Schermerhorn Street #Hotel, Brooklyn, NY

No recently recorded permits for this property.

Violations

DOB Violations

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.

Q3 2026 median price/sq. ft.

$554

5.5% Y-o-Y

Q2 2026 median price/sq. ft.

$525

2025 median price/sq. ft.

$521

5.5% 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
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Hoyt St & Schermerhorn St at NE Corner
Station lines
A-C-G
Distance (miles)
0.115
View subway map

Access the detailed traffic volume map for 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201 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

Nearby ZIP codes for 140 Schermerhorn Street #Hotel, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10013, 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 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201?

The development at 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201 was built in 2014.

What is the market value of 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201?

The current market value of 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201 is $39,138,651.

What is the total square footage of 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201?

140 Schermerhorn Street #Hotel, Brooklyn, NY 11201 has a total of 130,677 square feet.

What is the price per square foot for this property?

$746 per square foot is the price for 140 Schermerhorn Street #Hotel, Brooklyn, NY 11201.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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