New York City  »  11211  »  Lee Ave  »  159 Lee Ave

159 Penn Street, Brooklyn, NY 11211 - Property report

Also known as: 159 Lee Ave

Property image for 159 Penn Street, Brooklyn, NY 11211
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1931

Lot sq. ft.

1,750

General information

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Address
Primary address
159 Penn Street
Alternate address(es)
159 Penn St
ZIP code
11211
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02212-0001

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
4,893
Building dimensions
21 ft x 50 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$7,777
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
21 ft x 83.33 ft
Lot sq. ft.
1,750

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
76 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
0.92 Miles
Closest fire station
0.29 Miles

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Ownership information for 159 Penn Street, Brooklyn, NY

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

Sales history for 159 Penn Street, Brooklyn, NY 11211

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/19/2023 - R
05/03/2023 - D
Deed
(2023071800992001)
XXXXXX XXXXX XXX XXX XXXXXX XXXXX
03/07/2022 - R
02/18/2022 - D
Termination of Assign of L&R
(2022030200211002)
XXXXXX XXXXX XXX XXXX
03/07/2022 - R
02/18/2022 - D
Satisfaction of Mortgage
(2022030200211001)
XXXXXX XXXXX XXX XXXX
06/18/2018 - R
09/01/2012 - D
Assignment, Mortgage
(2018061101014002)
XXXXX XXXXX XXXX XXXXXXXXXXXXX XXXXXXXX XXXX
06/18/2018 - R
09/01/2012 - D
Asgn of Asgn of L&R
(2018061101014001)
XXXXX XXXXX XXXX XXXXXXXXXXXXX XXXXXXXX XXXX
02/07/2012 - R Initial UCC1
(2012012500404003)
XXXXXX XXXXX XXXXX XXXXX XXXX
02/07/2012 - R
01/19/2012 - D
Assignment of Leases and Rents
(2012012500404002)
XXXXXX XXXXX XXXXX XXXXX XXXX
02/07/2012 - R
01/19/2012 - D
Mortgage
(2012012500404001)
XXXXXX XXXXX XXXXX XXXXX XXXX
03/18/1997 - R Easement
(3570005544457)
XXXXXXX XXXXXX XXXXXXX XXX XXXX XXXXXXXXX XXXXXXX
01/27/1988 - R
11/25/1987 - D
Deed
(3470001337747)
XXXXXXXXX XXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 159 Penn 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
$7,777
Municipal exemptions
Recent tax assessments
Market value
$3,060,000
Assessed value
$183,600

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 $2,660,000 $159,600 $37,082 19.843% $7,358 $7,358 +4.72%
2024/25 $2,692,000 $161,520 $34,985 20.085% $7,027 $7,027 +6.00%
2023/24 $2,379,000 $142,740 $33,005 20.085% $6,629 $6,629 -0.06%
2022/23 $1,978,000 $118,680 $32,659 20.309% $6,633 $6,633 +1.73%
2021/22 $1,852,000 $111,120 $32,659 19.963% $6,520 $6,520 +0.26%
2020/21 $1,172,000 $70,320 $30,902 21.045% $6,503 $6,503 +5.38%
2019/20 $1,019,000 $61,140 $29,154 21.167% $6,171 $6,171 +7.26%
2018/19 $849,000 $50,940 $27,504 20.919% $5,754 $5,754 +3.71%
2017/18 $792,000 $47,520 $27,216 20.385% $5,548 $5,548 +1.97%
2016/17 $660,000 $39,600 $27,216 19.991% $5,441 $5,441 +8.05%

Permit information for 159 Penn Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/01/2015 Lblvio-low pressure boiler
01/31/2005 Ll6291-local law 62/91 - boilers
08/16/1993 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Hooper St & Broadway at SW Corner
Station lines
J-M
Distance (miles)
0.295

Access the detailed traffic volume map for 159 Penn Street, Brooklyn, NY 11211 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 year built for 159 Penn Street, Brooklyn, NY 11211?

The development at 159 Penn Street, Brooklyn, NY 11211 was built in 1931.

What is the market value of 159 Penn Street, Brooklyn, NY 11211?

The current market value of 159 Penn Street, Brooklyn, NY 11211 is $3,060,000.

What is the total square footage of 159 Penn Street, Brooklyn, NY 11211?

159 Penn Street, Brooklyn, NY 11211 has a total of 4,893 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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