Free account includes 3 full due diligence reports — no credit card requiredSign Up Free →
← Address Lookup
NYC Building Records · BBL 3071030056

259 LAKE STREET

Brooklyn · Block 7103 · Lot 56 · One-family two-story (Class A1)

259 LAKE STREET is a Class A1 (one-family two-story) building in Brooklyn (BBL 3071030056) built in 1899, with 1 residential unit across 2 floors.

The building is in NYC community district 311, council district 44, zoning district R4A, on a 3,000-square-foot lot with a building footprint of 1,652 square feet.

The current registered owner of record per NYC PLUTO is CLEMENT, MICHAEL J.

The most recent ACRIS deed transfer for this BBL was recorded on September 13, 2022 when SABBAGH, IKEY; SABBAGH, STEPHANIE conveyed the property to CLEMENT, MICHAEL J; CLEMENT, REGINE for $1.80M. The transaction was recorded as cash (no paired mortgage instrument).

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

CLEMENT, MICHAEL J

Most recent deed

Last transferred on Sep 13, 2022 for $1.8M to CLEMENT, MICHAEL J; CLEMENT, REGINE.
Previous owner: SABBAGH, IKEY; SABBAGH, STEPHANIE
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Mar 19, 2026AGMT$833KParties redacted — full names in MetroDeeds Scout+
Mar 6, 2026ASSTNot disclosedParties redacted — full names in MetroDeeds Scout+
Sep 13, 2022DEED$1.8MParties redacted — full names in MetroDeeds Scout+
Mar 12, 2015MTGE$792KParties redacted — full names in MetroDeeds Scout+
Mar 12, 2015DEED$990KParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
1
Year built
1899
Class
A1
Borough
Brooklyn
Zoning:
R4A
Lot size:
3,000 sqft
Building area:
1,652 sqft
Floors:
2
Assessed value:
$93K
Community district:
311
Council district:
44

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Mar 19, 2026).

Frequently asked questions about 259 LAKE STREET

Who owns 259 LAKE STREET?

The current registered owner of record for 259 LAKE STREET per NYC PLUTO is CLEMENT, MICHAEL J. The most recent ACRIS deed transfer for this BBL was recorded on September 13, 2022 when the property was conveyed to CLEMENT, MICHAEL J; CLEMENT, REGINE. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 259 LAKE STREET last sold?

The most recent ACRIS deed transfer for 259 LAKE STREET was recorded on September 13, 2022, when SABBAGH, IKEY; SABBAGH, STEPHANIE conveyed the property to CLEMENT, MICHAEL J; CLEMENT, REGINE for $1.80M. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 259 LAKE STREET have?

No open HPD housing-maintenance code violations are on record for 259 LAKE STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 259 LAKE STREET?

NYC Department of Finance assesses 259 LAKE STREET at $93K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 259 LAKE STREET and what does that mean?

259 LAKE STREET is NYC building class A1 — One-family two-story. A single-family detached two-story dwelling. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

More from MetroDeeds

Go deeper on this building

Open full Landlord Intel for 259 LAKE STREET
Every deed, every violation, court cases, mortgages, and operator portfolio — in one panel.
Get the full deed history for 259 LAKE STREET
3 free reports lifetime with a MetroDeeds account. No credit card required.
Sign Up Free