Kings  »  11201  »  Willoughby St  »  240 Willoughby St

240 Willoughby Street, Brooklyn, NY 11201 - Property report

Also known as: 240 Willoughby St

Property image for 240 Willoughby Street, Brooklyn, NY 11201
static Mapbox map

Property type

Elevator Apartment - Converted (D5)

Year built

1946

Lot sq. ft.

30,744

Sale price

$75,000,000

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
240 Willoughby Street
ZIP code
11201
Neighborhood
Fort Greene
Borough
Brooklyn
Block & lot
02088-0025

Owner

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Building
Property type
Elevator Apartment - Converted (D5)
Building sq. ft.
379,683
Building dimensions
155 ft x 193 ft
Buildings on lot
1
Stories
33
Year built
1946
Last altered
2023
Building material
Sales
Sale date
12/21/2021
Sale price
$75,000,000
Tax
Tax year
2026-2027
Property tax
$4,367,036
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
477
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
155.68 ft x 193.36 ft
Lot sq. ft.
30,744

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
13
Community district
2

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

Ownership

Ownership information for 240 Willoughby 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 240 Willoughby Street, Brooklyn, NY 11201

Sale date Sale price Buyer name Seller name
12/21/2021 $75,000,000 XXX XXXXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XX XXX XXX XXX XXXXXXXXXX XXX XXX XXX XXX XXXXXXXXXX XXX
08/12/2019 $95,000,000 XXX XXXXXXXXXX XX XXX XXX XXX XXXXXXXXXX XXX XXX XXX XXX XXXXXXXXXX XXX XXXXXXX XXXXX XXXXXX, XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/14/2026 - R
04/08/2026 - D		 Sundry Agreement
(2026041300962001)		 XXX XXXXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XX XXX
03/03/2026 - R
02/24/2026 - D		 Sundry Agreement
(2026030200204001)		 XXX XXXXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XX XXX
07/22/2025 - R UCC3 Termination
(2025071600381008)		 XXX XXXXXX XXX XXXXX XX XXXX XXXXXX XXX
07/22/2025 - R Initial UCC1
(2025071600381006)		 XXX XXXXXXXXXX XX XXX X X XXXXXX XXXXXXX XXXXXXXXXXX
07/22/2025 - R
07/08/2025 - D		 Termination of Assign of L&R
(2025071600381007)		 XXXXX XX XXXX XXXXXX XXX XXX XXXXXX XXX
07/22/2025 - R
07/08/2025 - D		 Agreement
(2025071600381005)		 XXX XXXXXXXXXX XX XXX X X XXXXXX XXXXXXX XXXXXXXXXXX
07/22/2025 - R
07/08/2025 - D		 Mortgage
(2025071600381004)		 XXX XXXXXXXXXX XX XXX X X XXXXXX XXXXXXX XXXXXXXXXXX
07/22/2025 - R
07/08/2025 - D		 Assignment, Mortgage
(2025071600381003)		 XXXXX XX XXXX XXXXXX XXX X X XXXXXX XXXXXXX XXXXXXXXXXX
07/22/2025 - R
07/08/2025 - D		 Memorandum of Lease
(2025071600381002)		 XXX XXXXXXXXXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XX XXX
07/22/2025 - R
07/08/2025 - D		 Assignment of Lease
(2025071600381001)		 XXX XXXXXX XXX XXX XXXXXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 240 Willoughby 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
$4,367,036
Municipal exemptions
Recent tax assessments
Market value
$80,816,000
Assessed value
$36,367,200

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 $54,595,000 $24,567,750 $22,644,910 12.439% $2,816,800 $2,816,800 +96.54%
2024/25 $31,140,000 $14,013,000 $11,465,836 12.5% $1,433,230 $1,433,230 +69.66%
2023/24 $18,518,000 $8,333,100 $7,975,554 10.592% $844,771 $844,771 +0.99%
2022/23 $17,460,000 $7,857,000 $7,857,000 10.646% $836,456 $836,456 +7.91%
2021/22 $16,016,433 $7,207,395 $7,207,395 10.755% $775,155 $775,155 -0.90%
2020/21 $18,311,426 $8,240,142 $7,314,563 10.694% $782,219 $782,219 n/a
Permits

Permit information for 240 Willoughby Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/15/2026 Alteration
01/26/2026 Alteration CO
11/05/2025 Alteration
09/28/2025 Alteration
08/21/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
03/05/2025 Aeuhaz1-fail to certify class 1 none
05/02/2023 Bench-failure to benchmark none
06/02/2021 Bench-failure to benchmark none

*Most recent DOB violations on record 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Flatbush Ave & DE Kalb Ave at SE Corner
Station lines
B-Q-R
Distance (miles)
0.209
View subway map

Access the detailed traffic volume map for 240 Willoughby Street, 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

Neighbors for 240 Willoughby Street, Brooklyn, NY

1003 Willoughby Ave, Brooklyn

Nearby ZIP codes for 240 Willoughby Street, 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 240 Willoughby Street, Brooklyn, NY 11201?

The development at 240 Willoughby Street, Brooklyn, NY 11201 was built in 1946.

What is the total square footage of 240 Willoughby Street, Brooklyn, NY 11201?

240 Willoughby Street, Brooklyn, NY 11201 has a total of 379,683 square feet.

When was 240 Willoughby Street, Brooklyn, NY 11201 last sold and what was the sale price?

240 Willoughby Street, Brooklyn, NY 11201 was last sold on 12/21/2021 for $75,000,000.

What is the assessed value of 240 Willoughby Street, Brooklyn, NY 11201?

240 Willoughby Street, Brooklyn, NY 11201 is currently assessed at $36,367,200.

What are the property taxes for 240 Willoughby Street, Brooklyn, NY 11201?

The property taxes for 240 Willoughby Street, Brooklyn, NY 11201 total $4,367,035.

How many residential units does this building have?

This building has 477 residential unit(s).

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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