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71 Lake Street, Brooklyn, NY 11223 Property Information

71 Lake Street, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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71 Lake Street, Brooklyn, NY 11223 1
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Address

Primary address 71 Lake Street
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 06680-0061

Sales & Tax Overview for 71 Lake Street, Brooklyn

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

Purchase date 05/20/2003
Purchase price $360,000
Tax class
Estimated property tax $7,166

Lot & Building Information for 71 Lake Street, Brooklyn

Lot sqft 1,425
Lot dimensions 19 ft x 75 ft
Building class Two Family Converted from One Family (B3) i
Building sqft 1,170
Building dimensions 15 ft x 42 ft
Buildings on lot 1
Stories 2
Structure type Old style
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1925
Frontage(s) Lake Street (narrow)
Nearest wide street MC Donald Avenue
Distance to wide street
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Zoning & Use for 71 Lake Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
90 /100. Walker's Paradise
Transit Score
94 /100. Rider's Paradise
Bike Score
70 /100. Very Bikeable

School district 21
Community district 11
Closest police station 0.85 Miles
Closest fire station 0.63 Miles

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

Other Property Data for 71 Lake Street, Brooklyn

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Floor area ratio (FAR) for 71 Lake Street, Brooklyn, NY 11223, 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 71 Lake Street, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 71 Lake Street, Brooklyn

What is the year built & the total sq. ft. for 71 Lake Street, Brooklyn, NY 11223?

71 Lake Street, Brooklyn, NY 11223 was built in 1925 and has a total of 1,170 square feet.

What is the assessed value of 71 Lake Street, Brooklyn, NY 11223 and the property tax paid?

Assessed at $73,920, the tax amount paid for 71 Lake Street, Brooklyn, NY 11223 is $7,045. For the next year, the tax amount for 71 Lake Street, Brooklyn, NY 11223 is estimated at $7,166.

When was 71 Lake Street, Brooklyn, NY 11223 last sold?

71 Lake Street, Brooklyn, NY 11223 was last sold in 12/17/2013.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 71 Lake Street, Brooklyn

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Property owner name for 71 Lake Street, Brooklyn, NY 11223
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Building contacts for 71 Lake Street, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 71 Lake Street, Brooklyn

Create a free account to view the complete sales history for 71 Lake Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/20/2003 $360,000

Title Documents for 71 Lake 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
07/18/2014 - D
07/29/2014 - R		 Satisfaction of Mortgage
(2014071801287001)
12/17/2013 - D
05/30/2014 - R		 Deed
(2014050700100001)
05/20/2003 - R Deed
(2003042900073001)
04/10/2003 - D
05/20/2003 - R		 Mortgage
(2003042900073002)
06/08/1999 - R Mortgage
(3890006632289)
06/08/1999 - R Power of Attorney
(3970006632997)
06/08/1999 - R Power of Attorney
(3040006633004)
02/05/1999 - D
06/08/1999 - R		 Deed
(3440006633644)
04/14/1986 - R Satisfaction of Mortgage
(3900001158890)
03/16/1983 - R Satisfaction of Mortgage
(3840000951084)
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R: Recorded date
D: Document date

Property Taxes for 71 Lake Street, Brooklyn

Access detailed property tax data for 71 Lake Street, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $7,045
Estimated property tax: $7,166
Tax assessor's market value: $1,232,000
Assessed value: $73,920

More about New York City Property Taxes

Assessment History for 71 Lake Street, Brooklyn

Here's the assessment & property tax history for 71 Lake 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 $1,232,000 $73,920 $35,506 19.843% $7,045 $7,045 +4.60%
2024/25 $973,000 $58,380 $33,534 20.085% $6,735 $6,735 +5.41%
2023/24 $1,075,000 $64,500 $31,814 20.085% $6,390 $6,390 +4.54%
2022/23 $880,000 $52,800 $30,097 20.309% $6,112 $6,112 +1.74%
2021/22 $956,000 $57,360 $30,097 19.963% $6,008 $6,008 -3.51%
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Permits for 71 Lake Street, Brooklyn

The complete history of permits filed for 71 Lake 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.

No recorded permits for this property.

Gravesend Residential Market Stats

Access a detailed real estate market overview of Gravesend so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Gravesend and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$625,000
-1.1% YoY
Median Price/Sqft
$713
-9.8% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Avenue S at NW Corner
Station lines F
Distance (miles) 0.031
View subway map
Bus Routes
Name Kings Hy/Mc Donald Av
Line B82
Distance (miles) 0.117

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.17
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.17
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.11
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.11
Magen David Yeshivah School NR No Private PK, K-8 0 0.13
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Is 228 David A Boody 7 Yes Public 6-8 1,551 0.25
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.11
Magen David Yeshivah School NR No Private PK, K-8 0 0.13
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.24
Mirrer Yeshiva Educational Institute NR No Private PK-8 360 0.40
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.11
Mirrer Yeshiva High School NR No Private PK-12 359 0.40
B'not Rachel High School For Girls NR No Private 9-12 80 0.41
Ahaba Ve Ahava NR No Private PK, K-10 93 0.45
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.60
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 71 Lake Street, Brooklyn

Here are the neighbors for 71 Lake Street, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
61 Lake St, Brooklyn 1,170 11/19/2024 $1,300,000
75 Lake St, Brooklyn 1,800 04/06/2002
73 Lake St, Brooklyn 1,800 05/08/2024
2024 MC Donald Ave, Brooklyn 3,120 07/11/2007 $150,000
69 Lake St, Brooklyn 1,170 06/20/2024
67 Lake St, Brooklyn 1,170 06/21/1983
47 Lake St, Brooklyn 2,856 03/21/2017 $760,000
39 Lake St, Brooklyn 2,856 06/29/2018 $977,500
333 Avenue S, Brooklyn 7,500 04/17/2015 $2,675,000
2004 McDonald Ave, Brooklyn 24,300 09/18/2024 $11,600,000
45 Lake St, Brooklyn 2,856 09/08/2023
33 Lake St, Brooklyn 2,220 10/30/2015 $699,999
2060 MC Donald Ave, Brooklyn 3,000 12/05/2024 $2,700,000
2050 McDonald Ave, Brooklyn 12/15/2004
63 Lake St, Brooklyn 1,382 08/09/2018 $750,000
41 Lake St, Brooklyn 2,856 10/24/2017 $1,100,000
37 Lake St, Brooklyn 2,856 03/29/2012 $585,000
2074 MC Donald Ave, Brooklyn 18,652 06/15/2017 $6,090,750
2030-2036 McDonald Ave, Brooklyn 13,321 02/21/2011
2026 MC Donald Ave, Brooklyn 6,435 03/21/1989
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