New York City  »  11223  »  Lake St  »  517 Lake St

517 Lake Street, Brooklyn, NY 11223 - Property report

Also known as: 517 Lake St

Property image for 517 Lake Street, Brooklyn, NY 11223
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Property type

Three Families (C0)

Year built

1960

Lot sq. ft.

1,840

Sale price

$1,130,000

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
517 Lake Street
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07170-0051

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
3,640
Building dimensions
20 ft x 52 ft
Buildings on lot
1
Stories
3
Year built
1960
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Built-In Garage
Sales
Sale date
03/21/2023
Sale price
$1,130,000
Tax
Tax year
2026-2027
Property tax
$9,541
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
20 ft x 93 ft
Lot sq. ft.
1,840

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
67 /100.  Bikeable
School district
21
Community district
15
Closest police station
0.76 Miles
Closest fire station
0.83 Miles

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

Ownership

Ownership information for 517 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 517 Lake Street, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
03/21/2023 $1,130,000 XXXXX, XXXXXX XXX XXX, XXXX XXXXXX, XXXXXX XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/03/2023 - R
03/21/2023 - D		 Mortgage
(2023033100639003)		 XXXXX XXXXXX XXXX
05/03/2023 - R
03/21/2023 - D		 Deed
(2023033100639002)		 XXXXXX XXXXXX XXXXX XXXXXX
05/03/2023 - R
03/21/2023 - D		 Deed
(2023033100639001)		 XXXXXX XXXXXX XXXXXX XXXXXX
07/09/2008 - R
02/01/2008 - D		 Deed
(2008070701049001)		 XXXXXX XXXXXX XXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 517 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
$9,541
Municipal exemptions
Recent tax assessments
Market value
$2,018,000
Assessed value
$121,080

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 $1,618,000 $97,080 $45,360 19.843% $9,001 $9,001 -1.20%
2024/25 $1,278,000 $76,680 $45,360 20.085% $9,111 $9,111 +0.76%
2023/24 $1,123,000 $67,380 $45,019 20.085% $9,042 $9,042 +4.83%
2022/23 $941,000 $56,460 $42,472 20.309% $8,626 $8,626 +7.83%
2021/22 $1,032,000 $61,920 $40,068 19.963% $7,999 $7,999 +0.55%
2020/21 $1,122,000 $67,320 $37,800 21.045% $7,955 $7,955 -0.58%
2019/20 $1,214,000 $72,840 $37,800 21.167% $8,001 $8,001 +1.95%
2018/19 $925,000 $55,500 $37,516 20.919% $7,848 $7,848 +8.78%
2017/18 $957,000 $57,420 $35,393 20.385% $7,215 $7,215 +8.09%
2016/17 $709,000 $42,540 $33,390 19.991% $6,675 $6,675 +8.37%
Permits

Permit information for 517 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

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
2

Subway & traffic

Closest station
McDonald Ave & Avenue X at NW Corner
Station lines
F
Distance (miles)
0.054
View subway map

Access the detailed traffic volume map for 517 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 0.33
Big Apple Academy NR No Private TK-8 888 0.03
Big Apple Academy NR No Private TK-8 888 0.03
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.27
P.S. 216 Arturo Toscanini 6 No Public PK, K-5 690 0.27
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.34
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.36
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.36
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.54
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.61
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 0.67
Big Apple Academy NR No Private TK-8 888 0.03
P.S. 95 The Gravesend 7 No Public K-8 940 0.33
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.34
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.36
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.54
Sts. Simon & Jude Elementary School NR No Private PK, K-8 0 0.56
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.61
Is 303 Herbert S Eisenberg 4 No Public 6-8 383 0.61
Kingsborough Early College School 7 No Public 6-12 743 0.63
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 0.34
John Dewey High School 4 No Public 9-12 2,150 0.42
Yeshivat Magen Abraham NR No Private 9-12 39 0.49
Rachel Carson High School For Coastal Studies 5 No Public 9-12 595 0.60
Harma Inst of Secondary Education NR No Private 12 0 0.60
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.61
Leaders High School 6 No Public 9-12 372 0.63
Life Academy High School For Film And Music 4 No Public 9-12 251 0.63
Kingsborough Early College School 7 No Public 6-12 743 0.63
International High School At Lafayette 2 No Public 9-12 353 0.63

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

Neighbors for 517 Lake Street, Brooklyn, NY

511 Lake St, Brooklyn 2500 McDonald Ave, Brooklyn 499 Lake St, Brooklyn 483 Lake St, Brooklyn 481 Lake St, Brooklyn 493 Lake St, Brooklyn 519 Lake St, Brooklyn 2937 86th St, Brooklyn 2498 McDonald Ave, Brooklyn 224 Avenue W, Brooklyn 525 Lake St, Brooklyn 527 Lake St, Brooklyn 2502 MC Donald Ave, Brooklyn 2522 McDonald Ave, Brooklyn 515 Lake St, Brooklyn 491 Lake St, Brooklyn 2524 MC Donald Ave, Brooklyn 503 Lake St, Brooklyn 2390 McDonald Ave, Brooklyn 2494 MC Donald Ave, Brooklyn

Nearby ZIP codes for 517 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 517 Lake Street, Brooklyn, NY 11223?

The development at 517 Lake Street, Brooklyn, NY 11223 was built in 1960.

What is the total square footage of 517 Lake Street, Brooklyn, NY 11223?

517 Lake Street, Brooklyn, NY 11223 has a total of 3,640 square feet.

When was 517 Lake Street, Brooklyn, NY 11223 last sold and what was the sale price?

517 Lake Street, Brooklyn, NY 11223 was last sold on 03/21/2023 for $1,130,000.

What is the assessed value of 517 Lake Street, Brooklyn, NY 11223?

517 Lake Street, Brooklyn, NY 11223 is currently assessed at $121,080.

What are the property taxes for 517 Lake Street, Brooklyn, NY 11223?

The property taxes for 517 Lake Street, Brooklyn, NY 11223 total $9,540.

How many residential units does this building have?

This building has 3 residential unit(s).

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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.

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