Kings  »  11206  »  Melrose St  »  248 Melrose St

248 Melrose Street, Brooklyn, NY 11206 - Property report

Also known as: 248 Melrose St

Property image for 248 Melrose Street, Brooklyn, NY 11206
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Property type

Five to Six Families (C2)

Year built

1931

Lot sq. ft.

2,500

Sale price

$4,000,000

General information

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Address
Primary address
248 Melrose Street
ZIP code
11206
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03164-0013

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,500
Building dimensions
25 ft x 60 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
06/23/2022
Sale price
$4,000,000
Tax
Tax year
2026-2027
Property tax
$17,996
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
6
Residential sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.64 Miles
Closest fire station
0.26 Miles

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

Ownership

Ownership information for 248 Melrose 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 248 Melrose Street, Brooklyn, NY 11206

Sale date Sale price Buyer name Seller name
06/23/2022 $4,000,000 XXXXXXXXX XXXXXX XX X X X XX XXXXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/30/2025 - R UCC3 Termination
(2025121900700026)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X
12/30/2025 - R UCC3 Termination
(2025121900700025)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X
12/30/2025 - R
12/15/2025 - D		 Termination of Assign of L&R
(2025121900700011)		 XXXXXXX XXX XXXXXXXXXXX X X XXXXXXXXX XXXXXX X X X
12/23/2025 - R
12/15/2025 - D		 Assignment, Mortgage
(2025121600124024)		 XXXXXX XXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/23/2025 - R
12/15/2025 - D		 Agreement
(2025121600124023)		 XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXX XXX
12/23/2025 - R
12/15/2025 - D		 Assignment, Mortgage
(2025121600124012)		 XXXXXXX XXX XXXXXXXXXXX X X XXXXXX XXXXXX XXX
10/07/2022 - R Initial UCC1
(2022100500865002)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X
10/07/2022 - R Initial UCC1
(2022100500865001)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X
10/07/2022 - R
09/23/2022 - D		 Assignment of Leases and Rents
(2022100500070006)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X
10/07/2022 - R
09/23/2022 - D		 Mortgage
(2022100500070005)		 XXXXXXXXX XXXXXX X X X XXXXXXX XXX XXXXXXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 248 Melrose 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
$17,996
Municipal exemptions
Recent tax assessments
Market value
$1,238,000
Assessed value
$557,100

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 $1,062,000 $477,900 $134,213 12.439% $16,695 $16,695 +7.47%
2024/25 $1,109,000 $499,050 $124,271 12.5% $15,534 $15,534 +3.86%
2023/24 $1,110,000 $499,500 $119,629 12.502% $14,956 $14,956 +5.74%
2022/23 $1,091,000 $490,950 $115,300 12.267% $14,144 $14,144 +3.88%
2021/22 $935,000 $420,750 $111,286 12.235% $13,616 $13,616 -0.26%
2020/21 $908,000 $408,600 $111,286 12.267% $13,651 $13,651 +125.20%
2019/20 $825,600 $371,520 $48,601 12.473% $6,062 $6,062 +6.74%
2018/19 $688,000 $309,600 $45,030 12.612% $5,679 $5,679 +7.08%
2017/18 $650,000 $292,500 $41,700 12.719% $5,304 $5,304 +6.55%
2016/17 $520,000 $234,000 $38,612 12.892% $4,978 $4,978 +0.07%
Permits

Permit information for 248 Melrose Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/10/2014 Alteration type 2
04/09/2007 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
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler

*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
Myrtle Ave & Cedar St at NW Corner
Station lines
M
Distance (miles)
0.301
View subway map

Access the detailed traffic volume map for 248 Melrose Street, Brooklyn, NY 11206 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 248 Melrose Street, Brooklyn, NY

260 Melrose St, Brooklyn 187 Jefferson St, Brooklyn 238 Melrose St, Brooklyn 69 Central Ave, Brooklyn 73 Central Ave, Brooklyn 254 Melrose St, Brooklyn 81 Central Ave, Brooklyn 256 Melrose St, Brooklyn 67 Central Ave, Brooklyn 79 Central Ave, Brooklyn 250 Melrose St, Brooklyn 252 Melrose St, Brooklyn 262 Melrose St, Brooklyn 71 Central Ave, Brooklyn 135 Jefferson St, Brooklyn 52 Wilson Ave, Brooklyn 185 Jefferson St, Brooklyn 258 Melrose St, Brooklyn 77 Central Ave, Brooklyn 60 Central Ave, Brooklyn

Nearby ZIP codes for 248 Melrose Street, Brooklyn, NY

10002, New York City, NY 10009, New York City, NY 10010, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 248 Melrose Street, Brooklyn, NY 11206?

The development at 248 Melrose Street, Brooklyn, NY 11206 was built in 1931.

What is the total square footage of 248 Melrose Street, Brooklyn, NY 11206?

248 Melrose Street, Brooklyn, NY 11206 has a total of 4,500 square feet.

When was 248 Melrose Street, Brooklyn, NY 11206 last sold and what was the sale price?

248 Melrose Street, Brooklyn, NY 11206 was last sold on 06/23/2022 for $4,000,000.

What is the assessed value of 248 Melrose Street, Brooklyn, NY 11206?

248 Melrose Street, Brooklyn, NY 11206 is currently assessed at $557,100.

What are the property taxes for 248 Melrose Street, Brooklyn, NY 11206?

The property taxes for 248 Melrose Street, Brooklyn, NY 11206 total $17,995.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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