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2024 - 2025 Tentative Assessment
Tentative Assessment Roll for2024-2025 | City of New York
Taxable Status DateJanuary 5, 2024
 EXPLANATION OF ASSESSMENT ROLL
Owner NameL & M HOUSE LLC
Property Address248 BAY 23 STREET 11214
Billing Name and AddressL. & M. HOUSE LLC
  
 248 BAY 23RD ST.
 BROOKLYN NY 11214-6100
Tax Class1
Building ClassB3 - TWO FAMILY CONVERTED FROM ONE FAMILY

Property Owner(s)
L & M HOUSE LLC

Land Information
Lot Size 
        Frontage (feet)24.44
        Depth (feet)124.06
        Land Area (sqft)6,002
Regular / IrregularIrregular
Corner 
Number of Buildings1
Building Size 
        Frontage (feet)33.67
        Depth (feet)33.00
Stories3
ExtensionE

Assessment Information
DescriptionLandTotal
                                 ESTIMATED MARKET VALUE467,0002,971,000
                                 6-20% limitation - AV13,67386,987
                                 EXEMPT VALUE0

Taxable/Billable Assessed Value
Assessed Value
Subject To Adjustments, Your 2024/25 Taxes Will Be Based On86,987

Market Value History
Tax YearMarket Value
2024 - 2025 (tentative)2,971,000                                                           
2023 - 20242,626,000                                                           
2022 - 20232,149,000                                                           
2021 - 20221,659,000                                                           
2020 - 2021927,000                                                           

Note
For more information about how your property taxes are calculated, visit http://nyc.gov/assessments.


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