New York City  »  11223  »  Lake St  »  159 Lake St

159 Lake Street, Brooklyn, NY 11223 - Property report

Also known as: 159 Lake St

Property image for 159 Lake Street, Brooklyn, NY 11223
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Property type

Miscellaneous One Family (A9)

Year built

1925

Lot sq. ft.

1,481

Sale price

$600,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
159 Lake Street
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07087-0068

Owner

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Building
Property type
Miscellaneous One Family (A9)
Building sq. ft.
1,080
Building dimensions
15 ft x 37 ft
Buildings on lot
1
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Sales
Sale date
03/16/2005
Sale price
$600,000
Tax
Tax year
2026-2027
Property tax
$5,425
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Lake Street (narrow)
Nearest wide street
McDonald Avenue
Distance to wide street
Lot dimensions
19.33 ft x 76.58 ft
Lot sq. ft.
1,481

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
21
Community district
11
Closest police station
0.78 Miles
Closest fire station
0.60 Miles

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

Ownership

Ownership information for 159 Lake 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 159 Lake Street, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
03/16/2005 $600,000 XXXXXXX, XXXX XXXXXXXX, XXXXXXX XXX XXXXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/15/2025 - R
01/10/2025 - D		 Mortgage
(2025011400635001)		 XXXXXXX XXXX XXXXXXXXXX XXXXXXXXX XXXXXXXX XXX
05/24/2017 - R
04/18/2017 - D		 Mortgage and Consolidation
(2017052301216001)		 XXXXXXX XXXX XX XXXX XXXXXXXX XXXXXXXXXXX
01/17/2014 - R
01/07/2014 - D		 Satisfaction of Mortgage
(2014010700030001)		 XXXXXXX XXXX XXX XXXX
03/28/2013 - R
03/12/2013 - D		 Assignment, Mortgage
(2013031301273001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XX XXXX XX
10/19/2006 - R
09/18/2006 - D		 Mortgage
(2006092800723001)		 XXXXXXX XXXX XXXXXXXX XXXX XXXX
04/27/2005 - R
04/14/2005 - D		 Satisfaction of Mortgage
(2005042000135001)		 XXXXXXXX XXXXXXXX XXXXXXXX XXXXX XXXX
04/06/2005 - R
03/16/2005 - D		 Mortgage
(2005032100758002)		 XXXXXXX XXXX
04/06/2005 - R
03/16/2005 - D		 Deed
(2005032100758001)		 XXXXXXXX XXXXXXX XXXXXXX XXXX
12/29/2004 - R
07/28/2000 - D		 Mortgage
(2004122202126001)		 XXXXXXXX XXXXXXX XX XXXXXX XXXXX XXXX
11/09/1995 - R Satisfaction of Mortgage
(3010004943301)		 XXXXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 159 Lake 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
$5,425
Municipal exemptions
Recent tax assessments
Market value
$1,670,000
Assessed value
$100,200

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 $1,270,000 $76,200 $27,337 19.843% $5,424 $5,424 +1.32%
2024/25 $1,003,000 $60,180 $26,656 20.085% $5,354 $5,354 +5.08%
2023/24 $1,142,000 $68,520 $25,367 20.085% $5,095 $5,095 +4.21%
2022/23 $920,000 $55,200 $24,074 20.309% $4,889 $4,889 +7.50%
2021/22 $994,000 $59,640 $22,784 19.963% $4,548 $4,548 -5.14%
2020/21 $1,043,000 $62,580 $22,781 21.045% $4,794 $4,794 +1.97%
2019/20 $896,000 $53,760 $22,213 21.167% $4,702 $4,702 +6.33%
2018/19 $662,000 $39,720 $21,139 20.919% $4,422 $4,422 +8.13%
2017/18 $650,000 $39,000 $20,062 20.385% $4,090 $4,090 +7.74%
2016/17 $736,000 $44,160 $18,987 19.991% $3,796 $3,796 +2.25%
Permits

Permit information for 159 Lake Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bensonhurst East residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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
5

Subway & traffic

Closest station
McDonald Ave & Avenue S at NW Corner
Station lines
F
Distance (miles)
0.133
View subway map

Access the detailed traffic volume map for 159 Lake Street, Brooklyn, NY 11223 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.24
P.S. 215 Morris H Weiss 5 Yes Public PK, K-5 707 0.24
Magen David Yeshivah School NR No Private PK, K-8 0 0.04
Magen David Yeshivah School NR No Private PK, K-8 0 0.04
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.04
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.04
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.09
P.S. 95 The Gravesend 7 No Public K-8 940 0.32
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 228 David A Boody 7 Yes Public 6-8 1,551 0.19
Magen David Yeshivah School NR No Private PK, K-8 0 0.04
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.04
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.09
P.S. 95 The Gravesend 7 No Public K-8 940 0.32
Ahaba Ve Ahva Cong & Yeshiva NR No Private PK, K-9 0 0.46
Ahaba Ve Ahava NR No Private PK, K-10 93 0.47
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.04
B'not Rachel High School For Girls NR No Private 9-12 80 0.46
Ahaba Ve Ahava NR No Private PK, K-10 93 0.47
Mirrer Yeshiva High School NR No Private PK-12 359 0.50
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.53

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 159 Lake Street, Brooklyn, NY

2130 McDonald Ave, Brooklyn 630 Avenue S, Brooklyn 1990 E 7th St, Brooklyn 1992 E 7th St, Brooklyn 169 Lake St, Brooklyn 155 Lake St, Brooklyn 161 Lake St, Brooklyn 171 Lake St, Brooklyn 1996 E 7th St, Brooklyn 167 Lake St, Brooklyn 1901 Ocean Pkwy, Brooklyn 2000 E 7th St, Brooklyn 165 Lake St, Brooklyn 163 Lake St, Brooklyn 175 Lake St, Brooklyn 179 Lake St, Brooklyn 157 Lake St, Brooklyn 153 Lake St, Brooklyn 177 Lake St, Brooklyn 183 Lake St, Brooklyn

Nearby ZIP codes for 159 Lake Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 159 Lake Street, Brooklyn, NY 11223?

The development at 159 Lake Street, Brooklyn, NY 11223 was built in 1925.

What is the total square footage of 159 Lake Street, Brooklyn, NY 11223?

159 Lake Street, Brooklyn, NY 11223 has a total of 1,080 square feet.

When was 159 Lake Street, Brooklyn, NY 11223 last sold and what was the sale price?

159 Lake Street, Brooklyn, NY 11223 was last sold on 03/16/2005 for $600,000.

What is the assessed value of 159 Lake Street, Brooklyn, NY 11223?

159 Lake Street, Brooklyn, NY 11223 is currently assessed at $100,200.

What are the property taxes for 159 Lake Street, Brooklyn, NY 11223?

The property taxes for 159 Lake Street, Brooklyn, NY 11223 total $5,425.

How many residential units does this building have?

This building has 1 residential unit(s).

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