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85-87 Smith Street #Hotel, Brooklyn, NY 11201 Property Information

85-87 Smith Street #Hotel, Brooklyn, NY 11201 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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85-87 Smith Street #Hotel, Brooklyn, NY 11201 2
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Address

Primary address 85-87 Smith Street #Hotel
Neighborhood Boerum Hill
Zip code 11201
Borough Brooklyn
Block & lot 00176-1002

Sales & Tax Overview for 85-87 Smith Street #Hotel, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/14/2007
Purchase price $17,240,000
Tax class
Estimated property tax $150,887

Lot & Building Information for 85-87 Smith Street #Hotel, Brooklyn

Lot sq. ft. 17,938
Property type Hotel/Boatel (RH)
Building sqft 47,639
Buildings on lot 2
Stories 13
Year built 2007
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Zoning & Use for 85-87 Smith Street #Hotel, Brooklyn

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 2

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

Unit Overview

Unit # HOTEL
Square feet 47,639
Condo complex 301980

Other Property Data for 85-87 Smith Street #Hotel, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 85-87 Smith Street #Hotel, Brooklyn, NY 11201, 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 85-87 Smith Street #Hotel, Brooklyn, NY 11201, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 85-87 Smith Street #Hotel, Brooklyn

How many sq. ft. does 85-87 Smith Street #Hotel, Brooklyn, NY 11201 have & what is the price per sq. ft?

This Hotel/Boatel (RH) located at 85-87 Smith Street #Hotel, Brooklyn, NY 11201 has a total of 47,639 square feet and a current price per square foot of $361.

What is the year built & the current market value of 85-87 Smith Street #Hotel, Brooklyn, NY 11201?

85-87 Smith Street #Hotel, Brooklyn, NY 11201 was built in 2007 and has a current tax assessor's market value of $17,919,545.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 85-87 Smith Street #Hotel, Brooklyn

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Property owner name for 85-87 Smith Street #Hotel, Brooklyn, NY 11201
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Building contacts for 85-87 Smith Street #Hotel, Brooklyn, NY 11201
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 85-87 Smith Street #Hotel, Brooklyn

Create a free account to view the complete sales history for 85-87 Smith Street #Hotel, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/14/2007 $17,240,000

Title Documents for 85-87 Smith Street #Hotel, 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.

Date Type Amount Party 1 Party 2 Doc image
12/17/2024 - D
12/30/2025 - R
Assignment, Mortgage
(2025122200197001)
12/06/2024 - D
12/24/2024 - R
Agreement
(2024121700472004)
12/06/2024 - D
12/24/2024 - R
Mortgage
(2024121700472003)
12/06/2024 - D
12/24/2024 - R
Assignment, Mortgage
(2024121700472002)
02/06/2024 - D
03/19/2024 - R
Assignment, Mortgage
(2024031800368001)
12/20/2023 - D
12/24/2024 - R
Assignment, Mortgage
(2024121700472001)
11/28/2023 - D
12/27/2023 - R
NYC Real Property Transfer Tax
(2023121100711001)
11/28/2023 - D
12/11/2023 - R
Agreement
(2023120700424005)
11/28/2023 - D
12/11/2023 - R
Mortgage
(2023120700424004)
11/28/2023 - D
12/11/2023 - R
Termination of Assign of L&R
(2023120700424002)
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R: Recorded date
D: Document date

Property Taxes for 85-87 Smith Street #Hotel, Brooklyn

Access detailed property tax data for 85-87 Smith Street #Hotel, Brooklyn, NY 11201. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,290
Estimated property tax: $150,887
Tax assessor's market value: $17,919,545
Assessed value: $8,063,795
Exemptions granted by city:

Assessment History for 85-87 Smith Street #Hotel, Brooklyn

Here's the assessment & property tax history for 85-87 Smith Street #Hotel, 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 $17,919,545 $8,063,795 $242,345 10.848% $765,577 $26,290 +0.80%
2024/25 $17,201,000 $7,740,450 $242,345 10.762% $777,506 $26,081 +1.60%
2023/24 $15,783,000 $7,102,350 $242,345 10.592% $752,281 $25,669 -0.51%
2022/23 $14,139,000 $6,362,550 $242,345 10.646% $677,357 $25,800 -1.01%
2021/22 $13,372,000 $6,017,400 $242,345 10.755% $647,171 $26,064 +0.57%

Permits for 85-87 Smith Street #Hotel, Brooklyn

The complete history of permits filed for 85-87 Smith Street #Hotel, 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.

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

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

Transportation

Distance to Subway
Closest station Hoyt St & Schermerhorn St at NE Corner
Station lines A-C-G
Distance (miles) 0.143
View subway map
Bus Routes
Name Smith St/Atlantic Av
Line B57
Distance (miles) 0.02

Neighbors for 85-87 Smith Street #Hotel, Brooklyn

Here are the neighbors for 85-87 Smith Street #Hotel, Brooklyn, NY 11201.

Address Square feet Purchase date Purchase price
1150 E 93rd St, Brooklyn 3,750 11/14/2013 $1
120 Seigel St, Brooklyn 5,225
1479 E 95th St, Brooklyn 2,222
116 Seigel St, Brooklyn 5,225
2578 W 17th St, Brooklyn 1,980 11/10/2011
1773 79th St, Brooklyn 3,300 07/17/2012
43 DE Sales Pl, Brooklyn 3,096 06/27/2007 $770,000
337 Willoughby Ave, Brooklyn 2,442 03/11/2024 $1,800,000
107 Parkville Ave, Brooklyn 3,342 11/29/2021
1111 Essex St, Brooklyn 2,499 09/21/2011 $472,708
338 E 32nd St, Brooklyn 3,180 10/31/2008 $661,863
334 E 32nd St, Brooklyn 3,180 10/02/2008 $675,000
1950 84th St, Brooklyn 3,750 10/20/2017
1854 Park Pl, Brooklyn 2,775 03/29/2007 $779,000
45 DE Sales Pl, Brooklyn 3,096 04/10/2023 $1,320,000
1771 79th St, Brooklyn 3,300 01/20/2009 $998,000
2837 Linden Blvd, Brooklyn 2,080 08/26/2013 $490,000
1946 84th St, Brooklyn 3,750 11/21/2008 $988,943
22 Goodwin Pl, Brooklyn 8,375
1452 Royce St, Brooklyn 2,130 08/09/2010
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