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197 Chestnut Street, Brooklyn, NY 11208 Property Information

197 Chestnut Street, Brooklyn, NY 11208 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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197 Chestnut Street, Brooklyn, NY 11208 1
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Address

Primary address 197 Chestnut Street
Neighborhood East New York
Zip code 11208
Borough Brooklyn
Block & lot 04128-0007

Sales & Tax Overview for 197 Chestnut Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/23/2014
Purchase price $1,150,000 - M
Tax class

Lot & Building Information for 197 Chestnut Street, Brooklyn

Lot sq. ft. 3,750
Lot dimensions 25 ft x 150 ft
Property type Five to Six Families (C2)
Building sqft 4,725
Building dimensions 25 ft x 63 ft
Buildings on lot 1
Stories 3
Year built 1915
Construction type
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Zoning & Use for 197 Chestnut Street, Brooklyn

Zoning
Residential units (DOF) 6
Regulatory status Rent stabilized
Stabilized units 6
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.87 Miles
Closest fire station 0.40 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 197 Chestnut Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 197 Chestnut Street, Brooklyn, NY 11208, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 197 Chestnut Street, Brooklyn, NY 11208, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 197 Chestnut Street, Brooklyn

What is the year built & the total sq. ft. for 197 Chestnut Street, Brooklyn, NY 11208?

197 Chestnut Street, Brooklyn, NY 11208 was built in 1915 and has a total of 4,725 square feet.

What is the assessed value of 197 Chestnut Street, Brooklyn, NY 11208 and the property tax paid?

Assessed at $283,500, the tax amount paid for 197 Chestnut Street, Brooklyn, NY 11208 is $12,175.

When was 197 Chestnut Street, Brooklyn, NY 11208 last sold and what was the last sale price?

197 Chestnut Street, Brooklyn, NY 11208 was last sold in 09/23/2014 for $1,150,000.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 197 Chestnut Street, Brooklyn

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Property owner name for 197 Chestnut Street, Brooklyn, NY 11208
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Building contacts for 197 Chestnut Street, Brooklyn, NY 11208
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Jun 23, 2026 NYC Resale Gains & Losses: Every Borough Made Money in 2025, Except Manhattan
In 2025, NYC home-sellers mostly made money. But, in Manhattan, resales came with losses — and it was apartments and recent buyers that absorbed them.
Eliza Theiss, Jun 04, 2026 World Cup or Your Mortgage/Rent? Ticket Prices Rival Host City Housing Costs
World Cup ticket prices rival monthly housing expenses in the 11 U.S. host cities, with even the cheapest seats covering weeks or even months of rent or mortgage payments.
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Past Sales & Property History for 197 Chestnut Street, Brooklyn

Create a free account to view the complete sales history for 197 Chestnut Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
09/23/2014 $1,150,000

Title Documents for 197 Chestnut Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/06/2021 - R
11/18/2021 - D
Discharge of Tax Lien
(2021112600554001)
10/30/2019 - R
10/24/2019 - D
Tax Lien Sale Certificate
(2019102901254001)
04/23/2019 - R
03/28/2019 - D
Agreement
(2019041200652003)
04/23/2019 - R
03/27/2019 - D
Assignment, Mortgage
(2019041200652002)
04/23/2019 - R
11/02/2015 - D
Assignment, Mortgage
(2019041200652001)
12/07/2015 - R
11/02/2015 - D
Assignment, Mortgage
(2015112100129001)
10/21/2014 - R UCC3 Termination
(2014092900529001)
10/07/2014 - R
09/23/2014 - D
Mortgage
(2014093001861002)
10/07/2014 - R
09/23/2014 - D
Deed
(2014093001861001)
03/05/2014 - R UCC3 Continuation
(2014022700236001)
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R: Recorded date
D: Document date

Property Taxes for 197 Chestnut Street, Brooklyn

Access detailed property tax data for 197 Chestnut Street, Brooklyn, NY 11208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $12,176
Tax assessor's market value: $630,000
Assessed value: $283,500

Assessment History for 197 Chestnut Street, Brooklyn

Here's the assessment & property tax history for 197 Chestnut Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $525,000 $236,250 $97,885 12.439% $12,176 $12,176 +2.81%
2024/25 $634,800 $285,660 $94,745 12.5% $11,843 $11,843 +7.92%
2023/24 $529,000 $238,050 $87,780 12.502% $10,974 $10,974 +10.02%
2022/23 $638,000 $287,100 $81,315 12.267% $9,975 $9,975 +8.28%
2021/22 $751,000 $337,950 $75,296 12.235% $9,212 $9,212 -0.27%

Permits for 197 Chestnut Street, Brooklyn

The complete history of permits filed for 197 Chestnut Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/16/2017 Alteration type 3
05/18/2016 Alteration type 2
04/12/2016 Alteration type 2
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Pine St & Fulton St at NE Corner
Station lines J-Z
Distance (miles) 0.133
View subway map

Neighbors for 197 Chestnut Street, Brooklyn

Here are the neighbors for 197 Chestnut Street, Brooklyn, NY 11208.

Address Square feet Purchase date Purchase price
163 Chestnut St, Brooklyn 3,348 06/30/2023 $1,173,000
175 Chestnut St, Brooklyn 3,444 01/19/2009
169 Chestnut St, Brooklyn 3,444 09/24/2021 $960,000
3247 Fulton St, Brooklyn 4,500 11/14/2011 $402,800
328 Ridgewood Ave, Brooklyn 2,120 12/31/1981
165 Chestnut St, Brooklyn 3,444 06/03/2026 $1,275,000
161 Chestnut St, Brooklyn 3,444 06/21/2013
324 Ridgewood Ave, Brooklyn 1,512 04/04/2015
189 Chestnut St, Brooklyn 9,750 12/17/2007
179 Chestnut St, Brooklyn 3,528 12/13/2018 $940,000
332 Ridgewood Ave, Brooklyn 2,088 01/14/2014 $442,000
3219 Fulton St, Brooklyn 3,200 07/28/1997
185 Chestnut St, Brooklyn 3,696 09/26/2025 $1,272,750
173 Chestnut St, Brooklyn 3,348 10/11/2002
338 Ridgewood Ave, Brooklyn 2,120 05/17/2000
3215 Fulton St, Brooklyn 3,200 12/08/2023
3225 Fulton St, Brooklyn 4,992 03/26/2019 $1,710,000
167 Chestnut St, Brooklyn 3,348 09/06/1996
3217 Fulton St, Brooklyn 3,199 04/29/2008 $550,000
3221 Fulton St, Brooklyn 4,992 01/07/2021
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