508 Lake Street, Brooklyn, NY 11223 Property Information
508 Lake Street, Brooklyn, NY 11223 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 508 Lake Street |
| Neighborhood | Gravesend |
| Zip code | 11223 |
| Borough | Brooklyn |
| Block & lot | 07169-0017 |
Sales & Tax Overview for 508 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 | 04/13/2023 |
| Purchase price | $907,000 |
| Tax class | Register |
| Estimated property tax | $6,142 |
Lot & Building Information for 508 Lake Street, Brooklyn
| Lot sqft | 2,843 |
| Lot dimensions | |
| Building class | Two Stories Detached (Small or Moderate Size, with or without Attic) (A1) |
| Building sqft | 1,345 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 2 |
| Structure type | Old style |
| Building material | Frame |
| Exterior wall | Composition |
| Basement type | Full |
| Year built | 1901 |
| Frontage(s) | Lake Street (narrow) |
| Nearest wide street | 86 Street |
| Distance to wide street | Register |
Area Overview
| School district | 21 |
| Community district | 15 |
| Closest police station | 0.78 Miles |
| Closest fire station | 0.84 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 508 Lake Street, Brooklyn
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About 508 Lake Street, Brooklyn
508 Lake Street, Brooklyn, NY 11223 was built in 1901 and has a total of 1,345 square feet.
What is the assessed value of 508 Lake Street, Brooklyn, NY 11223 and the property tax paid?Assessed at $64,920, the tax amount paid for 508 Lake Street, Brooklyn, NY 11223 is $5,957. For the next year, the tax amount for 508 Lake Street, Brooklyn, NY 11223 is estimated at $6,142.
When was 508 Lake Street, Brooklyn, NY 11223 last sold and what was the last sale price?508 Lake Street, Brooklyn, NY 11223 was last sold in 04/13/2023 for $907,000.
How many residential units does this building have?This building has 1 residential unit(s).
Ownership Information for 508 Lake Street, Brooklyn
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Past Sales & Property History for 508 Lake Street, Brooklyn
Create a free account to view the complete sales history for 508 Lake Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 04/13/2023 | $907,000 | Register | Register |
Title Documents for 508 Lake Street, Brooklyn
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
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R: Recorded date
D: Document date
Property Taxes for 508 Lake Street, Brooklyn
Access detailed property tax data for 508 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: | $5,958 |
| Estimated property tax: | $6,142 |
| Tax assessor's market value: | $1,082,000 |
| Assessed value: | $64,920 |
Assessment History for 508 Lake Street, Brooklyn
Here's the assessment & property tax history for 508 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 | $1,082,000 | $64,920 | $30,025 | 19.843% | $5,958 | $5,958 | +4.55% |
| 2024/25 | $1,169,000 | $70,140 | $28,373 | 20.085% | $5,699 | $5,699 | +10.46% |
| 2023/24 | $1,033,000 | $61,980 | $25,686 | 20.085% | $5,440 | $5,159 | +4.39% |
| 2022/23 | $1,122,000 | $67,320 | $24,335 | 20.309% | $5,239 | $4,942 | +1.65% |
| 2021/22 | $1,111,000 | $66,660 | $24,355 | 19.963% | $5,149 | $4,862 | -2.15% |
Permits for 508 Lake Street, Brooklyn
The complete history of permits filed for 508 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.
No recorded permits 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.
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: | 2 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | McDonald Ave & Avenue X at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 86 St/Van Sicklen St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.045 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0.31 |
| Big Apple Academy | NR | No | Private | TK-8 | 888 | 0.05 |
| Big Apple Academy | NR | No | Private | TK-8 | 888 | 0.05 |
| P.S. 216 Arturo Toscanini | 6 | No | Public | PK, K-5 | 690 | 0.30 |
| P.S. 216 Arturo Toscanini | 6 | No | Public | PK, K-5 | 690 | 0.30 |
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 | 0.65 |
| Big Apple Academy | NR | No | Private | TK-8 | 888 | 0.05 |
| P.S. 95 The Gravesend | 7 | No | Public | K-8 | 940 | 0.31 |
| P.S. 721 Brooklyn Occupational Training Center | NR | No | Public | K-3, 5-7, 9-12 | 454 | 0.32 |
| Our Lady of Grace Catholic Academy | NR | No | Private | PK-8 | 185 | 0.38 |
Nearest high schools
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 721 Brooklyn Occupational Training Center | NR | No | Public | K-3, 5-7, 9-12 | 454 | 0.32 |
| John Dewey High School | 4 | No | Public | 9-12 | 2,150 | 0.41 |
| Yeshivat Magen Abraham | NR | No | Private | 9-12 | 39 | 0.52 |
| Leaders High School | 6 | No | Public | 9-12 | 372 | 0.61 |
| Kingsborough Early College School | 7 | No | Public | 6-12 | 743 | 0.61 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 508 Lake Street, Brooklyn
Here are the neighbors for 508 Lake Street, Brooklyn, NY 11223.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 2925 86th St, Brooklyn | 2,583 | 08/26/2019 | |
| 520 Lake St, Brooklyn | 1,182 | 06/07/2013 | $10 |
| 524 Lake St, Brooklyn | 3,096 | 06/07/2013 | $10 |
| 503 Van Sicklen St, Brooklyn | 1,962 | 11/10/2016 | $661,000 |
| 2881 86th St, Brooklyn | 1,440 | 05/08/2017 | $788,000 |
| 501 Van Sicklen St, Brooklyn | 1,962 | 12/03/2019 | $775,000 |
| 507 Van Sicklen St, Brooklyn | 2,520 | 09/09/2002 | |
| 505 Van Sicklen St, Brooklyn | 2,082 | 08/01/2007 | $430,000 |
| 506 Lake St, Brooklyn | 1,618 | 07/28/2015 | $770,000 |
| 490 Lake St, Brooklyn | 1,056 | 01/03/2022 | $865,000 |
| 516 Lake St, Brooklyn | 1,088 | 08/30/1967 | |
| 220 Avenue W, Brooklyn | 2,464 | 04/17/2018 | $1,120,000 |
| 218 Avenue W, Brooklyn | 2,464 | 02/24/2017 | $1,130,000 |
| 2885 86th St, Brooklyn | 1,440 | 02/12/2019 | $850,000 |
| 2911 86th St, Brooklyn | 77,000 | 08/30/2011 | |
| 502 Lake St, Brooklyn | 2,511 | ||
| 2879 86th St, Brooklyn | 2,160 | 08/02/2023 | |
| 518 Lake St, Brooklyn | 1,106 | 04/03/2008 | |
| 488 Lake St, Brooklyn | 1,680 | 11/01/2022 | |
| 499 Van Sicklen St, Brooklyn | 2,222 | 12/11/2015 | $1 |