248 Lorraine Street, Brooklyn, New York, NY 11231


Address: 248 Lorraine Street, Brooklyn, New York, NY 11231
Owner: 570 SMITH ST REALTYCO

248 Lorraine Street, Brooklyn, New York, NY 11231 (Parcel #3004860025) is a property assessed by City of New York, Department of Finance (DOF). The owner is 570 SMITH ST REALTYCO. The assessed value is 315450.

Property Overview

Borough-Block-Lot-Easement (BBLE) 3004860025
Borough: 3 (Brooklyn), Block: 486, Lot: 25
Property Address 248 Lorraine Street
Brooklyn
New York, NY 11231
Owner 570 SMITH ST REALTYCO
Building Class E1 (FIREPROOF WAREHOUSE)
Property Tax Class 4 (ALL OTHERS)
Lot Width 50
Number of Stories 1
Assessment Year 2017/18
Estimated Market Value 701000
Actual Assessed Total Value 315450
(45% of estimated market value)
Transitional Assessed Total Value 279090
Building Width 50
Building Depth 100
Assessment Period When File Created FINAL
Parent Lot BBLE 3004860020
Borough: 3 (Brooklyn), Block: 486, Lot: 20
Apportionment Date 09/17/1991

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 90000 90000 658000 701000
Actual Assessed Value 40500 40500 40500 296100 315450 315450
Actual Exempt Value 0 0 0 0 0 0
Transitional Assessed Value 41400 40500 40500 266200 279090 279090
Transitional Exempt Value 0 0 0 0 0 0
Estimated market value changed on 11/13/2016. Tentative assessed value changed on 11/13/2016. Final assessed value changed on 11/13/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 500000 0.00% 225000 37575
2010/11 484000 -3.20% 217800 37575
2011/12 594000 22.73% 267300 45000
2012/13 594000 0.00% 267300 45000
2013/14 566000 -4.71% 254700 40500
2014/15 566000 0.00% 254700 40500
2015/16 610000 7.77% 274500 40500
2016/17 658000 7.87% 296100 40500
2017/18 701000 6.53% 315450 40500

Property Location

Borough-Block-Lot-Easement (BBLE) 3004860025
Borough: 3 (Brooklyn), Block: 486, Lot: 25
Property Address 248 Lorraine Street
Brooklyn
New York, NY 11231
Borough Brooklyn
Zip Code 11231

Owner Overview

Owner 570 SMITH ST REALTYCO

Properties with the same owner

Value Address Owner
352350 568 Smith Street, Brooklyn, New York, NY 11231 570 SMITH ST REALTYCO

Competitor

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Zip Code 11231

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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