Large Location Icon

198 Lee Ave; Brooklyn, NY Property Details

198 Lee Ave, Brooklyn, NY is a Mixed Use that was built in 1931. This property is currently Financed and is not for sale. Our records show that 198 Lee Ave has a total of 7,008 square feet. The lot size of 198 Lee Ave is 1,920 square feet.

Off market
198 Lee Ave Brooklyn, NY 11206
$86,580 Estimated Value
7,008 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1931
  • Purchase Price: $2,450,000
  • Open Loans / Balance: 1 / $1,200,495
  • APN: 02231-0035
  • Situs County: Kings
  • Length Of Ownership: 8 years

Structure

  • Stories: 3

Measurements

  • Total: 7,008/SqFt
  • Lot: 1,920/SqFt
  • Gross: 7,008/SqFt
  • Living: 7,008/SqFt
  • Building: 7,008/SqFt
  • Ground: 1,320/SqFt
  • Price Per Square Foot: $349.60
Building Insights

Land Information

  • Property Type: Mixed Use
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.701775 / -73.95572
  • Property Class: Commercial
  • Zoning: R6
  • County Use Code: S2

Amenities

  • Plus Four: 5788

Ownership Info

198 Lee Ave has no associated ownership info
198 Lee Ave has no associated ownership info.

Taxes

198 Lee Ave has 10 associated Taxes items

198 Lee Ave, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $86,580. The APN we've located for 198 Lee Ave is 02231-0035.

Unlock the full report
Taxes
  • Assessed Value:  $86,580
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  02231-0035
  • Assessed Land Value:  3900
  • Market Land Value:  65000
  • Tax Amount:  2065.14
  • Tax Year:  2025
  • Market Value:  1443000
  • Market Year:  2026

Tax History

198 Lee Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $86,580 Land Value $3,900 Improvement Value $82,680 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,065.14 Change Rate +0.007651% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,049.46 Change Rate +0.06004% Assessed CR Tax Rate
Year 2023 Assessed Value $29,880 Land Value $3,900 Improvement Value $25,980 Tax Amount $1,933.38 Change Rate +0.048209% Assessed CR Tax Rate +0.064705%
Year 2022 Assessed Value $23,460 Land Value $3,900 Improvement Value $19,560 Tax Amount $1,844.46 Change Rate -0.488545% Assessed CR Tax Rate +0.078621%
Year 2021 Assessed Value $20,100 Land Value $3,900 Improvement Value $16,200 Tax Amount $3,606.3 Change Rate Assessed CR Tax Rate +0.179418%
Year 2020 Assessed Value $12,720 Land Value $3,900 Improvement Value $8,820 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $11,040 Land Value $3,900 Improvement Value $7,140 Tax Amount $1,713.98 Change Rate +0.048126% Assessed CR Tax Rate +0.155252%
Year 2018 Assessed Value $8,022 Land Value $3,408 Improvement Value $4,614 Tax Amount $1,635.28 Change Rate +1.079821% Assessed CR Tax Rate +0.203849%
Year 2017 Assessed Value $7,568 Land Value $3,440 Improvement Value $4,128 Tax Amount $786.26 Change Rate -0.436841% Assessed CR Tax Rate +0.103893%
Year 2016 Assessed Value $7,140 Land Value $3,900 Improvement Value $3,240 Tax Amount $1,396.16 Change Rate Assessed CR Tax Rate +0.195541%
Year 2015 Assessed Value $7,140 Land Value $3,900 Improvement Value $3,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $7,140 Land Value $3,900 Improvement Value $3,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,130.52 Change Rate Assessed CR Tax Rate