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121 Lake Street, Brooklyn, NY 11223 Property Information

121 Lake Street, Brooklyn, NY 11223 Property Information

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

Primary address 121 Lake Street
Secondary address 332 Avenue S
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 07087-0001

Sales & Tax Overview for 121 Lake Street, Brooklyn

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Tax class

Lot & Building Information for 121 Lake Street, Brooklyn

Lot sq. ft. 17,078
Lot dimensions 51.58 ft x 160.58 ft
Property type Miscellaneous Educational Facility (W9)
Building sqft 8,778
Building dimensions 112 ft x 55 ft
Buildings on lot 1
Stories 2
Year built 1991
Construction type
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Zoning & Use for 121 Lake Street, Brooklyn

Zoning
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 11
Closest police station 0.80 Miles
Closest fire station 0.59 Miles

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

Other Property Data for 121 Lake Street, Brooklyn

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Floor area ratio (FAR) for 121 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 121 Lake Street, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 332 Avenue S, Brooklyn, NY 11223
  • 103-121 Lake St, Brooklyn, NY 11223
  • 2094-2104 McDonald Ave, Brooklyn, NY 11223

About 121 Lake Street, Brooklyn

What is the year built & the total sq. ft. for 121 Lake Street, Brooklyn, NY 11223?

121 Lake Street, Brooklyn, NY 11223 was built in 1991 and has a total of 8,778 square feet.

What is the assessed value of 121 Lake Street, Brooklyn, NY 11223?

The assessed market value for the current tax year is $1,927,800.

When was 121 Lake Street, Brooklyn, NY 11223 last sold?

121 Lake Street, Brooklyn, NY 11223 was last sold in 09/10/1981.

Ownership Information for 121 Lake Street, Brooklyn

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Property owner name for 121 Lake Street, Brooklyn, NY 11223
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Building contacts for 121 Lake Street, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 121 Lake Street, Brooklyn

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No recorded sales for this property.

Title Documents for 121 Lake Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
11/06/1997 - R Agreement
(3310005822331)
09/21/1993 - R Mortgage
(3050001801505)
09/10/1981 - D
09/12/1981 - R
Deed
(38130126400073)
           
           
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R: Recorded date
D: Document date

Property Taxes for 121 Lake Street, Brooklyn

Access detailed property tax data for 121 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: $0
Tax assessor's market value: $4,284,000
Assessed value: $1,927,800
Exemptions granted by city:

Assessment History for 121 Lake Street, Brooklyn

Here's the assessment & property tax history for 121 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 $4,284,000 $1,927,800 $0 10.848% $196,426 $0 n/a
2024/25 $4,221,000 $1,899,450 $0 10.762% $196,070 $0 n/a
2023/24 $4,136,000 $1,861,200 $0 10.592% $193,516 $0 n/a
2022/23 $3,900,000 $1,755,000 $0 10.646% $186,837 $0 n/a
2021/22 $3,578,000 $1,610,100 $0 10.755% $173,166 $0 n/a

Permits for 121 Lake Street, Brooklyn

The complete history of permits filed for 121 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.

Filing date Job type Job status Job description Initial cost
10/23/2023 Alteration
03/20/2022 Alteration
04/13/2009 Alteration type 2
02/08/1995 New building
12/21/1994 New building
12/21/1994 New building
11/16/1994 New building
03/19/1993 Alteration type 3
10/24/1991 New building
10/16/1991 New building
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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)
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) 0.063
View subway map
Bus Routes
Name Kings Hy/Mc Donald Av
Line B82
Distance (miles) 0.197

Neighbors for 121 Lake Street, Brooklyn

Here are the neighbors for 121 Lake Street, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
2132 McDonald Ave, Brooklyn 1,900 03/23/2026 $1,500,000
2134 MC Donald Ave, Brooklyn 3,450 02/15/2011
121 Van Sicklen St, Brooklyn 1,176 04/08/2015 $575,000
125 Van Sicklen St, Brooklyn 4,742 01/07/2016 $940,000
309 Avenue T, Brooklyn 1,998 08/08/2012 $325,000
133 Van Sicklen St, Brooklyn 3,627 05/22/2015 $715,000
139 Van Sicklen St, Brooklyn 1,635 08/25/2015 $795,000
149 Van Sicklen St, Brooklyn 4,551 07/03/2025
305 Avenue T, Brooklyn 2,106 02/14/1968
123 Van Sicklen St, Brooklyn 1,176 02/22/2022 $942,000
141 Van Sicklen St, Brooklyn 1,380 03/05/1998
307 Avenue T, Brooklyn 2,106 10/26/2016 $735,000
137 Van Sicklen St, Brooklyn 1,635 01/15/2019 $950,000
2138 McDonald Ave, Brooklyn 1,151 07/30/2024 $850,000
321 Avenue T, Brooklyn 3,960 04/18/2022 $1,700,000
117 Van Sicklen St, Brooklyn 2,770 05/21/1998
143 Van Sicklen St, Brooklyn 2,039 05/27/2020 $1,575,000
2136 McDonald Ave, Brooklyn 03/23/2026 $1,500,000
311 Avenue T, Brooklyn 2,106 12/12/1984
189 Lake St, Brooklyn 2,106 05/26/2006
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