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  • $999,000

    525 Lake St, Brooklyn, NY 11223

    4beds
    1,700sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $1,084,200 Zestimate®
    $588/sqft
    $3,389 Estimated rent

    Home value

    $1,084,200

    $965,000 - $1.21M

    $3,389/mo

    Zestimate® history
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    What's special

    Welcome to 525 Lake St, a two-family family with a windowed basement, parking, and backyard. The building is a two-family, 1700 sq ft, built at 17 ft x 55 ft, on a 39.83 tt x93 ft lot with a 850 sq ft basement. 2 stories with brick/masonry exterior. There is a shed in the partially paved backyard. The home uses oil heat, and there is a washer and dryer in the basement. Delivered vacant, you can put in tenants and reap the income, live in one, and have a tenant help pay your mortgage or convert it into your dream single family! Located in a thriving neighborhood, this home is just a stone's throw away from shops, restaurants, parks, and public transportation, offering the best of Brooklyn living at your doorstep. Don't miss your chance to make this exquisite property your own – schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Erin Wheelock,

    Keller Williams NYC

    Source: StreetEasy,MLS#: S1714998

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,700 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Details
    • Parcel number: 071700048
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1930

    Community & HOA

    Community
    • Subdivision: Gravesend
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $588/sqft
    • Tax assessed value: $1,113,000
    • Annual tax amount: $8,160
    • Date on market: 5/3/2024

    Price history

    DateEventPrice
    7/16/2024Sold$999,000-20.1%$588/sqft
    Source: StreetEasy #S1714998 Report a problem
    5/23/2024Pending sale$1,250,000$735/sqft
    Source: StreetEasy #1714998 Report a problem
    5/3/2024Listed for sale$1,250,000$735/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,138 +4.6%$66,780 +9.8%
    2024$6,822 $60,840 -0.6%
    2023-- $61,200 +1.5%
    2022-- $60,300 +16.2%
    2021-- $51,900 +2.2%
    2020$6,345 +5.9%$50,760
    2019$5,991 +6.6%$50,760 +88.9%
    2018$5,621 +8.4%$26,872 +5.6%
    2017$5,185 +4.3%$25,437
    2016$4,974 $25,437 +1.8%
    2015$4,974 +71.9%$24,980 +5.9%
    2014$2,894 $23,588 +5.3%
    2013-- $22,394 +5.6%
    2012-- $21,198
    2011-- $21,198 +1.8%
    2010-- $20,817 +5.9%
    2009-- $19,657 +5.3%
    2008-- $18,662
    Find assessor info on the county website

    Neighborhood: Gravesend

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,084,200

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,084,200