New York City  »  11223  »  Lake St  »  427 Lake St

427 Lake Street, Brooklyn, NY 11223 - Property report

Also known as: 427 Garage Lake St

Property image for 427 Lake Street, Brooklyn, NY 11223
static Mapbox map

Property type

Three Families (C0)

Year built

1925

Lot sq. ft.

4,575

General information

Unlock this property report with a free account

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
427 Lake Street
Alternate address(es)
427 Garage Lake St
427 Rear Lake St
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07149-0052

Owner

Find out who owns 427 Lake Street, Brooklyn, NY 11223. Uncover corporate and individual owners with a free account.

Building
Property type
Three Families (C0)
Building sq. ft.
1,896
Building dimensions
23 ft x 52 ft
Buildings on lot
3
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Brick/Masonary
Basement
4
Tax
Tax year
2026-2027
Property tax
$9,726
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
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
50 ft x 91.5 ft
Lot sq. ft.
4,575

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
96 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
21
Community district
15
Closest police station
0.72 Miles
Closest fire station
0.73 Miles

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

Ownership information for 427 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

Sales history for 427 Lake Street, Brooklyn, NY 11223

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/30/2022 - R
06/14/2022 - D
Life Estate Deed
(2022062000145001)
XXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
04/20/2011 - R
04/08/2011 - D
Satisfaction of Mortgage
(2011041100204001)
XXXXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/13/2006 - R
10/26/2005 - D
Mortgage
(2006011001953001)
XXXXXXXX XXXXX XXXX
02/13/2004 - R Satisfaction of Mortgage
(2003110700634001)
XXXXXXXX XXXXX XXX XXXXX XXXXX XXXXXXX XXXX
01/10/1989 - R Mortgage
(3530001423453)
XXXXXXXX XXXXX XXXXX XXXXX XXXXXXXXXXX
01/10/1989 - R Satisfaction of Mortgage
(3430001423643)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXX
01/10/1989 - R
10/19/1988 - D
Deed
(3520001423452)
XXXXXXXX XXXX XXXXXXXX XXXXX
03/08/1976 - R Release of Estate Tax Lien
(37630083301770)
XXXXXXXXX XXXXXXX XXXX
09/23/1969 - R Mortgage
(36930036400176)
XXXXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 427 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
$9,726
Municipal exemptions
Recent tax assessments
Market value
$1,016,000
Assessed value
$60,960

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 $1,167,000 $70,020 $24,131 19.843% $9,577 $4,788 +4.63%
2024/25 $1,083,000 $64,980 $22,786 20.085% $9,153 $4,577 +5.99%
2023/24 $1,169,000 $70,140 $21,498 20.085% $8,636 $4,318 +4.10%
2022/23 $1,184,000 $71,040 $20,423 20.309% $8,295 $4,148 +1.73%
2021/22 $1,005,000 $60,300 $20,423 19.963% $8,154 $4,077 -3.66%
2020/21 $956,000 $57,360 $20,109 21.045% $8,464 $4,232 +5.29%
2019/20 $797,000 $47,820 $18,988 21.167% $8,039 $4,019 -46.38%
2018/19 $932,000 $55,920 $35,830 20.919% $7,495 $7,495 +8.02%
2017/18 $1,155,000 $69,300 $34,038 20.385% $6,939 $6,939 +1.97%
2016/17 $1,052,000 $63,120 $34,038 19.991% $6,805 $6,805 +3.83%

Permit information for 427 Lake Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations 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

$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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
McDonald Ave & Gravesend Neck Rd at SW Corner (Exit Only)
Station lines
F
Distance (miles)
0.122

Access the detailed traffic volume map for 427 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 0.17
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 0.40
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.44
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 0.52
P.S. 95 The Gravesend 7 No Public K-8 940 0.17
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 0.40
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.44
Magen David Yeshivah School NR No Private PK, K-8 0 0.51
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.52
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 0.44
Magen David Yesh-Isaac SHLM E NR No Private PK-12 1,906 0.52
John Dewey High School 4 No Public 9-12 2,150 0.53
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 0.59
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

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

Frequently asked questions

What is the year built for 427 Lake Street, Brooklyn, NY 11223?

The development at 427 Lake Street, Brooklyn, NY 11223 was built in 1925.

What is the total square footage of 427 Lake Street, Brooklyn, NY 11223?

427 Lake Street, Brooklyn, NY 11223 has a total of 1,896 square feet.

What is the assessed value of 427 Lake Street, Brooklyn, NY 11223?

427 Lake Street, Brooklyn, NY 11223 is currently assessed at $60,960.

What are the property taxes for 427 Lake Street, Brooklyn, NY 11223?

The property taxes for 427 Lake Street, Brooklyn, NY 11223 total $9,726.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account