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251 Lake Street, Brooklyn, NY 11223 Property Information

251 Lake Street, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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251 Lake Street, Brooklyn, NY 11223 2
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Address

Primary address 251 Lake Street
Secondary address 251 Garage Lake St
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 07103-0058

Sales & Tax Overview for 251 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 03/30/2021
Purchase price $1,775,000
Tax class
Estimated property tax $15,519

Lot & Building Information for 251 Lake Street, Brooklyn

Lot sqft 6,000
Lot dimensions 80 ft x 75 ft
Building class Large Suburban Residence (A3) i
Building sqft 4,307
Building dimensions 49 ft x 64 ft
Buildings on lot 2
Stories 2
Structure type Conventional
Building material Frame
Status
Status date
Exterior wall Stucco
Basement type Full
Garage type Detached, frame garage
Year built 1899
Year last altered 2022
Frontage(s) Lake Street (narrow)
Nearest wide street MC Donald Avenue
Distance to wide street
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Zoning & Use for 251 Lake Street, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 11
Closest police station 0.72 Miles
Closest fire station 0.60 Miles

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

Other Property Data for 251 Lake Street, Brooklyn

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Floor area ratio (FAR) for 251 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 251 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.

  • 251 Garage Lake St, Brooklyn, NY 11223

About 251 Lake Street, Brooklyn

What is the year built & the total sq. ft. for 251 Lake Street, Brooklyn, NY 11223?

251 Lake Street, Brooklyn, NY 11223 was built in 1899 and has a total of 4,307 square feet.

What is the assessed value of 251 Lake Street, Brooklyn, NY 11223 and the property tax paid?

Assessed at $85,080, the tax amount paid for 251 Lake Street, Brooklyn, NY 11223 is $15,519. For the next year, the tax amount for 251 Lake Street, Brooklyn, NY 11223 is estimated at $15,519.

When was 251 Lake Street, Brooklyn, NY 11223 last sold and what was the last sale price?

251 Lake Street, Brooklyn, NY 11223 was last sold in 03/30/2021 for $1,775,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 251 Lake Street, Brooklyn

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Property owner name for 251 Lake Street, Brooklyn, NY 11223
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Building contacts for 251 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.
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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 251 Lake Street, Brooklyn

Create a free account to view the complete sales history for 251 Lake Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/30/2021 $1,775,000

Title Documents for 251 Lake Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
09/22/2021 - D
09/30/2021 - R
Zoning Lot Description
(2021092701033002)
07/30/2021 - D
09/30/2021 - R
Certificate
(2021092701033001)
04/12/2021 - D
04/22/2021 - R
Satisfaction of Mortgage
(2021041600065001)
03/30/2021 - D
04/15/2021 - R
Mortgage
(2021040500739002)
03/30/2021 - D
04/15/2021 - R
Deed
(2021040500739001)
12/07/2017 - D
01/29/2018 - R
Assignment, Mortgage
(2018011801054001)
10/25/2017 - D
10/31/2017 - R
Assignment, Mortgage
(2017103001472001)
05/21/2009 - D
06/19/2009 - R
Agreement
(2009061600794003)
05/21/2009 - D
06/19/2009 - R
Mortgage
(2009061600794002)
05/20/2009 - D
06/19/2009 - R
Assignment, Mortgage
(2009061600794001)
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R: Recorded date
D: Document date

Property Taxes for 251 Lake Street, Brooklyn

Access detailed property tax data for 251 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: $15,519
Estimated property tax: $15,519
Tax assessor's market value: $1,418,000
Assessed value: $85,080

Assessment History for 251 Lake Street, Brooklyn

Here's the assessment & property tax history for 251 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 $1,418,000 $85,080 $78,211 19.843% $15,519 $15,519 +2.45%
2024/25 $1,356,000 $81,360 $75,419 20.085% $15,148 $15,148 +70.31%
2023/24 $837,000 $50,220 $44,284 20.085% $8,894 $8,894 +3.94%
2022/23 $2,221,000 $133,260 $42,134 20.309% $8,557 $8,557 +7.31%
2021/22 $1,934,000 $116,040 $39,942 19.963% $8,261 $7,974 -5.21%

Permits for 251 Lake Street, Brooklyn

The complete history of permits filed for 251 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
01/14/2026 Alt-CO - new building with existing elements to remain
01/06/2026 Alt-CO - new building with existing elements to remain
06/06/2025 Alt-CO - new building with existing elements to remain
06/05/2025 Alt-CO - new building with existing elements to remain
03/27/2025 Alteration
03/24/2025 Alt-CO - new building with existing elements to remain
03/04/2025 Alt-CO - new building with existing elements to remain
12/05/2023 Alt-CO - new building with existing elements to remain
04/26/2023 Alteration
11/14/2022 Alt-CO - new building with existing elements to remain
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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: 4 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Avenue U at SE Corner
Station lines F
Distance (miles) 0.077
View subway map
Bus Routes
Name Av U/Mc Donald Av
Line B3
Distance (miles) 0.069

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 95 The Gravesend 7 Yes Public K-8 940 0.15
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.09
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.09
Magen David Yeshivah School NR No Private PK, K-8 0 0.19
Magen David Yeshivah School NR No Private PK, K-8 0 0.19

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 0.26
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 0.15
Magen David Yeshivah School NR No Private PK, K-8 0 0.19
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.21

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 0.21
Yeshivat Darche Eres Inc NR No Private PK-12 494 0.50
Gesher Yehuda NR No Private K-12 67 0.50
Ahaba Ve Ahava NR No Private PK, K-10 93 0.55
B'not Rachel High School For Girls NR No Private 9-12 80 0.57

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 251 Lake Street, Brooklyn

Here are the neighbors for 251 Lake Street, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
225 Lake St, Brooklyn 791 09/10/2020
273 Lake St, Brooklyn 1,806 09/27/2016 $1,520,000
275 Lake St, Brooklyn 735 09/28/2017 $1,050,000
2272 McDonald Ave, Brooklyn 2,000 03/31/2022 $1,050,000
229 Lake St, Brooklyn 1,380 04/09/1986
265 Lake St, Brooklyn 1,600 08/01/2002
2256 MC Donald Ave, Brooklyn 6,000 04/14/2015
267 Lake St, Brooklyn 2,430 01/14/2017
233 Lake St, Brooklyn 1,050 11/03/2025 $995,000
335 Avenue T, Brooklyn 1,938 05/22/2008
237 Lake St, Brooklyn 1,820 10/28/2022 $815,000
223 Lake St, Brooklyn 2,100 08/21/2018 $10
337 Avenue T, Brooklyn 1,938 02/24/1989
333 Avenue T, Brooklyn 1,938 06/09/2023 $1,030,000
273 Avenue U, Brooklyn 5,432 08/03/2021 $2,600,000
2260 McDonald Ave, Brooklyn 3,495 05/14/1971
243 Lake St, Brooklyn 2,280 06/09/2022 $1,330,000
239 Lake St, Brooklyn 1,092 02/19/2025 $626,000
271 Lake St, Brooklyn 1,266 12/18/2015 $635,000
259 Lake St, Brooklyn 1,652 09/13/2022 $1,800,000
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