Kings  »  11225  »  Sullivan Pl  »  245 Sullivan Pl

245 Sullivan Place, Brooklyn, NY 11225 - Property report

Also known as: 245 Sullivan Pl

Property image for 245 Sullivan Place, Brooklyn, NY 11225
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Property type

Over Six Families without Stores (C1)

Year built

1924

Lot sq. ft.

11,070

Sale price

$6,825,000

General information

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Address
Primary address
245 Sullivan Place
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01305-0068

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
30,140
Building dimensions
82.8 ft x 123 ft
Buildings on lot
1
Stories
4
Year built
1924
Building material
Sales
Sale date
02/17/2015
Sale price
$6,825,000
Tax
Tax year
2026-2027
Property tax
$347,294
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
40
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
82.83 ft x 135.58 ft
Lot sq. ft.
11,070

Area overview

Walk score
88 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
81 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.23 Miles
Closest fire station
0.30 Miles

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

Ownership

Ownership information for 245 Sullivan Place, Brooklyn, NY

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

Sales history for 245 Sullivan Place, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
02/17/2015 $6,825,000 XXX XXXXXXXX XXX XXX XXX XXX XXXXXXXX XXX XXXXXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/12/2025 - R UCC3 Continuation
(2025091200456001)		 XXX XXXXXXXX XXX XXX XXXXXX XXX
02/23/2021 - R UCC3 Termination
(2021021700301002)		 XXX XXXXXXXX XXXXXX XXX XXXXX XXX XXX
02/12/2021 - R Initial UCC1
(2021020900729006)		 XXX XXXXXXXX XXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
02/12/2021 - R
01/28/2021 - D		 Assignment, Mortgage
(2021020900729005)		 XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX
02/12/2021 - R
01/28/2021 - D		 Agreement
(2021020900729004)		 XXX XXXXXXXX XXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
02/12/2021 - R
01/28/2021 - D		 Mortgage
(2021020900729003)		 XXX XXXXXXXX XXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
02/23/2021 - R
01/21/2021 - D		 Sundry Miscellaneous
(2021021700301005)		 XXXXX XXX XXX
02/23/2021 - R
01/21/2021 - D		 Termination of Assign of L&R
(2021021700301004)		 XXXXX XXX XXX XXX XXXXXXXX XXXXXX XXX
02/23/2021 - R
01/21/2021 - D		 Termination of Assign of L&R
(2021021700301003)		 XXXXX XXX XXX XXX XXXXXXXX XXXXXX XXX
02/12/2021 - R
01/21/2021 - D		 Assignment, Mortgage
(2021020900729002)		 XXXXX XX XXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 245 Sullivan Place, 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
$347,294
Municipal exemptions
Recent tax assessments
Market value
$6,719,000
Assessed value
$3,023,550

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 $7,044,000 $3,169,800 $2,492,555 12.439% $310,049 $310,049 +12.91%
2024/25 $6,902,000 $3,105,900 $2,196,850 12.5% $274,606 $274,606 +16.08%
2023/24 $6,566,000 $2,954,700 $1,892,176 12.502% $236,560 $236,560 +49.33%
2022/23 $3,111,000 $1,399,950 $1,291,410 12.267% $158,417 $158,417 +6.76%
2021/22 $2,695,000 $1,212,750 $1,212,750 12.235% $148,380 $148,380 -1.01%
2020/21 $3,077,000 $1,384,650 $1,221,930 12.267% $149,894 $149,894 +7.12%
2019/20 $2,825,000 $1,271,250 $1,121,850 12.473% $139,928 $139,928 +6.79%
2018/19 $2,641,000 $1,188,450 $1,038,960 12.612% $131,034 $131,034 +7.31%
2017/18 $2,618,000 $1,178,100 $960,030 12.719% $122,106 $122,106 +7.86%
2016/17 $2,416,000 $1,087,200 $878,130 12.892% $113,209 $113,209 +6.72%
Permits

Permit information for 245 Sullivan Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/18/2020 Alteration
07/03/2019 Alteration
01/02/2019 Alteration
12/20/2018 Alteration
11/27/2018 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
12/01/2022 Egrade-failure to post energy grade/score none
03/23/2016 Aeuhaz1-fail to certify class 1

*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
Nostrand Ave & Sterling St at NW Corner
Station lines
2-5
Distance (miles)
0.14
View subway map

Access the detailed traffic volume map for 245 Sullivan Place, Brooklyn, NY 11225 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 245 Sullivan Place, Brooklyn, NY

155 Empire Blvd, Brooklyn 90 Sullivan Pl, Brooklyn 1727 Bedford Ave, Brooklyn 237 Sullivan Pl, Brooklyn 73 Empire Blvd, Brooklyn 287 Sullivan Pl, Brooklyn 103 Empire Blvd, Brooklyn 271 Sullivan Pl, Brooklyn 275 Sullivan Pl, Brooklyn 227 Sullivan Pl, Brooklyn 281 Sullivan Pl, Brooklyn 398 Montgomery St, Brooklyn 396 Montgomery St, Brooklyn 115 Empire Blvd, Brooklyn 261 Sullivan Pl, Brooklyn 279 Sullivan Pl, Brooklyn 285 Sullivan Pl, Brooklyn 394 Montgomery St, Brooklyn

Nearby ZIP codes for 245 Sullivan Place, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 245 Sullivan Place, Brooklyn, NY 11225?

The development at 245 Sullivan Place, Brooklyn, NY 11225 was built in 1924.

What is the total square footage of 245 Sullivan Place, Brooklyn, NY 11225?

245 Sullivan Place, Brooklyn, NY 11225 has a total of 30,140 square feet.

When was 245 Sullivan Place, Brooklyn, NY 11225 last sold and what was the sale price?

245 Sullivan Place, Brooklyn, NY 11225 was last sold on 02/17/2015 for $6,825,000.

What is the assessed value of 245 Sullivan Place, Brooklyn, NY 11225?

245 Sullivan Place, Brooklyn, NY 11225 is currently assessed at $3,023,550.

What are the property taxes for 245 Sullivan Place, Brooklyn, NY 11225?

The property taxes for 245 Sullivan Place, Brooklyn, NY 11225 total $347,294.

How many residential units does this building have?

This building has 40 residential unit(s).

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