New York City » 11223 » Lake St » 425 Lake St

425 Lake Street, Brooklyn, NY 11223 - Property report

Also known as: 425 Lake St

Property image for 425 Lake Street, Brooklyn, NY 11223

Property type

Three Families (C0)

Year built

2000

Lot sq. ft.

2,975

Sale price

$1,500,000

General information

Address

Primary address

425 Lake Street

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07149-0060

Building

Property type

Three Families (C0)

Building sq. ft.

4,158

Building dimensions

22 ft x 63 ft

Buildings on lot

Stories

Year built

2000

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

10/31/2023

Sale price

$1,500,000

Tax

Tax year

2026-2027

Property tax

$19,894

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Lake Street (narrow)

Nearest wide street

McDonald Avenue

Distance to wide street

Lot dimensions

30 ft x 98 ft

Lot sq. ft.

2,975

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

96 /100. Rider's Paradise

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

0.72 Miles

Closest fire station

0.72 Miles

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

Ownership

Ownership information for 425 Lake Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 425 Lake Street, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
10/31/2023	$1,500,000	XXX XXXX XXXXXX XXX	XXXXX XXX XXXXXXX, XXXXXXX XXX XXXXXXXX XXXXX XXXXXXX, XXXXXXX XXX XXX XXXXXX XXXXXXX XXXXXXXXX XXXXXX XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/30/2023 - R 11/29/2023 - D	Satisfaction of Mortgage (2023112901171001)	XXXXXXX XXXXXXXX X	XXXX XX XXXXXXX X X
11/27/2023 - R 11/14/2023 - D	Satisfaction of Mortgage (2023112100329001)	XXXXXXX XXXXXXXX X	XXXX XXXXXXXX XXXXXXXXXXX (XXX)
11/03/2023 - R 10/31/2023 - D	Deed (2023110100937001)	XXXXX XXX XXXXXXX XXXXXXX	XXX XXXX XXXXXX XXX
11/22/2019 - R 11/11/2019 - D	Deed (2019112100061001)	XXXXXXX XXXXXXXX XXXXX	XXXXX XXX XXXXXXX XXXXXXX
05/28/2019 - R 05/14/2019 - D	Mortgage and Consolidation (2019052100231001)	XXXXXXX XXXXXXXX X	XXXX XX XXXXXXX X X
10/10/2018 - R 10/04/2018 - D	Satisfaction of Mortgage (2018100900107001)	XXXXXXX XXXXXXXX XXXXX	XXXX XXXX XXX X X
01/24/2017 - R 01/11/2017 - D	Assignment, Mortgage (2017011901603001)	XXXX XXXX XXX X X	XXXXXXXXXX XXXXXXXX XXX
09/14/2012 - R 09/10/2012 - D	Assignment, Mortgage (2012091000173001)	XXXX XXXXXXXX XXXXXXXXXXX XXX	XXXX XXXX XXX XX
06/07/2012 - R 05/31/2012 - D	Assignment, Mortgage (2012053100258002)	XXXX XXXX XXX X X	XXXX XXXX XXX X X
06/07/2012 - R 05/31/2012 - D	Assignment, Mortgage (2012053100258001)	XXXX XXXXXXXX XXXXXXXXXXX (XXX)	XXXX XXXX XXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 425 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

$19,894

Municipal exemptions

Recent tax assessments

Market value

$2,188,000

Assessed value

$131,280

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	$1,863,000	$111,780	$96,107	19.843%	$19,071	$19,071	+4.72%
2024/25	$1,813,000	$108,780	$90,667	20.085%	$18,210	$18,210	+6.00%
2023/24	$2,225,000	$133,500	$85,536	20.085%	$17,180	$17,180	+1.25%
2022/23	$1,880,000	$112,800	$83,549	20.309%	$16,968	$16,968	+1.73%
2021/22	$1,689,000	$101,340	$83,549	19.963%	$16,679	$16,679	-1.04%
2020/21	$2,048,000	$122,880	$80,089	21.045%	$16,855	$16,855	+5.39%
2019/20	$1,720,000	$103,200	$75,556	21.167%	$15,993	$15,993	+7.26%
2018/19	$1,188,000	$71,280	$71,280	20.919%	$14,911	$14,911	+5.06%
2017/18	$1,472,000	$88,320	$69,624	20.385%	$14,193	$14,193	+1.97%
2016/17	$1,732,000	$103,920	$69,624	19.991%	$13,919	$13,919	+25.43%

Permits

Permit information for 425 Lake Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/26/2020	Alteration
09/23/2010	Alteration type 2
07/28/2000	New building
07/28/2000	New building
07/28/2000	New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/08/2026	A
	11/20/2025	I
	06/13/2025	A

*Most recent HPD violations on record for this property.

Neighborhood

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

$650,000

7% Y-o-Y

Median price/sq. ft.

$783

17.2% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Gravesend Neck Rd at SW Corner (Exit Only)

Station lines

Distance (miles)

0.114

View subway map

Access the detailed traffic volume map for 425 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. 95 The Gravesend	7	Yes	Public	K-8	940	0.16
Big Apple Academy	NR	No	Private	TK-8	888	0.19
Big Apple Academy	NR	No	Private	TK-8	888	0.19
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.32
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.32
P.S. 216 Arturo Toscanini	6	No	Public	PK, K-5	690	0.33
P.S. 216 Arturo Toscanini	6	No	Public	PK, K-5	690	0.33
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.39
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.45

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	0.51
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.16
Big Apple Academy	NR	No	Private	TK-8	888	0.19
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.32
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.39
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.45
Magen David Yeshivah School	NR	No	Private	PK, K-8	0	0.50
Magen David Yesh-Isaac SHLM E	NR	No	Private	PK-12	1,906	0.51
Kingsborough Early College School	7	No	Public	6-12	743	0.62
Is 303 Herbert S Eisenberg	4	No	Public	6-8	383	0.76

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 721 Brooklyn Occupational Training Center	NR	No	Public	K-3, 5-7, 9-12	454	0.45
Magen David Yesh-Isaac SHLM E	NR	No	Private	PK-12	1,906	0.51
John Dewey High School	4	No	Public	9-12	2,150	0.54
Gesher Yehuda	NR	No	Private	K-12	67	0.57
Yeshivat Darche Eres Inc	NR	No	Private	PK-12	494	0.57
Harma Inst of Secondary Education	NR	No	Private	12	0	0.58
Yeshivat Magen Abraham	NR	No	Private	9-12	39	0.60
Leaders High School	6	No	Public	9-12	372	0.62
International High School At Lafayette	2	No	Public	9-12	353	0.62
High School Of Sports Management	2	No	Public	9-12	338	0.62

Neighbors for 425 Lake Street, Brooklyn, NY

Nearby ZIP codes for 425 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 425 Lake Street, Brooklyn, NY 11223?

The development at 425 Lake Street, Brooklyn, NY 11223 was built in 2000.

What is the total square footage of 425 Lake Street, Brooklyn, NY 11223?

425 Lake Street, Brooklyn, NY 11223 has a total of 4,158 square feet.

When was 425 Lake Street, Brooklyn, NY 11223 last sold and what was the sale price?

425 Lake Street, Brooklyn, NY 11223 was last sold on 10/31/2023 for $1,500,000.

What is the assessed value of 425 Lake Street, Brooklyn, NY 11223?

425 Lake Street, Brooklyn, NY 11223 is currently assessed at $131,280.

What are the property taxes for 425 Lake Street, Brooklyn, NY 11223?

The property taxes for 425 Lake Street, Brooklyn, NY 11223 total $19,894.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.