New York City  »  11222  »  Freeman St  »  159 Freeman St

159 Freeman Street, Brooklyn, NY 11222 - Property report

Also known as: 159 Freeman St

Property image for 159 Freeman Street, Brooklyn, NY 11222
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

2,430

General information

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Address
Primary address
159 Freeman Street
Alternate address(es)
159-161 Freeman St
ZIP code
11222
Neighborhood
Greenpoint
Borough
Brooklyn
Block & lot
02504-0045

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
2,430
Building dimensions
50 ft x 49 ft
Buildings on lot
1
Stories
1
Year built
1931
Last altered
1993
Building material
Tax
Tax year
2026-2027
Property tax
$15,768
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.67 ft x 50 ft
Lot sq. ft.
2,430

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
89 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.53 Miles
Closest fire station
0.32 Miles

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

Ownership information for 159 Freeman 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 Freeman Street, Brooklyn, NY 11222

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/15/2025 - R
12/08/2025 - D
Satisfaction of Mortgage
(2025120800442001)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXX X XXXXXXXX XX XXX XXXX XXX XXXX XX
11/03/2025 - R
09/25/2025 - D
Satisfaction of Mortgage
(2025103100387001)
XXXXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXXX XXXX
03/30/2023 - R Initial UCC1
(2023032700888003)
XXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
03/30/2023 - R
03/22/2023 - D
Assignment of Leases and Rents
(2023032700888002)
XXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
03/30/2023 - R
03/22/2023 - D
Mortgage
(2023032700888001)
XXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX
04/05/2021 - R UCC3 Termination
(2021033000883014)
XXXXXX XXXXXXXX XXXXXXXXXXXX XXXXXXXXXX XXXX
03/08/2021 - R
02/08/2021 - D
Partial Release of Mortgage
(2021021900892002)
XXX XXXXXXXX XXXX XXXXXXXX XXXXXX XXX
03/22/2021 - R
02/03/2021 - D
Release
(2021031800147002)
XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXXXXX XXXXXX XXX
03/22/2021 - R
02/03/2021 - D
Partial Release of Mortgage
(2021031800147001)
XXXXXXXXXXXX XXXXXXXXXX XXXX XXXXXXXX XXXXXX XXX
03/23/2020 - R UCC3 Continuation
(2020032000648001)
XXXXXXXX XXXXXX XXX XXXXXXXXXXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 159 Freeman 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
$15,768
Municipal exemptions
Recent tax assessments
Market value
$323,000
Assessed value
$145,350

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 $380,000 $171,000 $147,780 10.848% $16,031 $16,031 +2.93%
2024/25 $353,000 $158,850 $144,720 10.762% $15,575 $15,575 +3.67%
2023/24 $352,000 $158,400 $141,840 10.592% $15,024 $15,024 +6.31%
2022/23 $295,000 $132,750 $132,750 10.646% $14,133 $14,133 +11.46%
2021/22 $262,000 $117,900 $117,900 10.755% $12,680 $12,680 -14.90%
2020/21 $346,000 $155,700 $139,332 10.694% $14,900 $14,900 +8.91%
2019/20 $321,000 $144,450 $129,842 10.537% $13,681 $13,681 +6.93%
2018/19 $341,000 $153,450 $121,690 10.514% $12,794 $12,794 +12.19%
2017/18 $296,000 $133,200 $108,471 10.514% $11,405 $11,405 +9.62%
2016/17 $266,000 $119,700 $98,390 10.574% $10,404 $10,404 +11.64%

Permit information for 159 Freeman Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/30/2015 Alteration type 2
06/01/1993 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
2

Subway & traffic

Closest station
Manhattan Ave & India St at SW Corner
Station lines
G
Distance (miles)
0.165

Access the detailed traffic volume map for 159 Freeman Street, Brooklyn, NY 11222 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 Freeman Street, Brooklyn, NY 11222?

The development at 159 Freeman Street, Brooklyn, NY 11222 was built in 1931.

What is the market value of 159 Freeman Street, Brooklyn, NY 11222?

The current market value of 159 Freeman Street, Brooklyn, NY 11222 is $323,000.

What is the total square footage of 159 Freeman Street, Brooklyn, NY 11222?

159 Freeman Street, Brooklyn, NY 11222 has a total of 2,430 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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