472 Lake St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $6,120/month
Highlights
- Wood Flooring
- 3-minute walk to Avenue X
- Heating System Uses Steam
- P.S. 95 - The Gravesend Rated A-
- 6 Car Detached Garage
- Private Driveway
About This Home
Exceptional Double Lot in Prime Gravesend – Endless Possibilities Await
A rare opportunity to own a massive 43x80 R5-zoned double lot bundled with 474 Lake Street—perfect for developers, investors, or end-users seeking space, flexibility, and future potential. This premier property includes a fully detached, top-to-bottom renovated single-family home offering over 1,500 sq ft of stylish living space.
Property Highlights:
4 bedrooms | 3 full bathrooms
Fully detached residence with updated interior & exterior
Private driveway fits 6+ vehicles
Detached finished garage with skylight and dual entrances
Separate access to the house and finished basement
Hardwood & tile flooring, stucco/vinyl exterior
Expansive 43x80 lot with R5 zoning—ideal for expansion or redevelopment
Location Perks:
Situated in the heart of Gravesend, one of Brooklyn’s most sought-after neighborhoods. Enjoy proximity to top-rated schools, convenient transportation, diverse shopping, houses of worship, and serene green spaces—all contributing to a vibrant and balanced lifestyle.
Whether you're building your dream home, expanding your portfolio, or exploring development options, this property offers unmatched value and upside in a thriving Brooklyn community.
Listing Agent
RE/MAX Real Estate Professionals License #40AP1037712 Listed on: 07/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,318
Year Built
- Built in 1930
Lot Details
- 3,440 Sq Ft Lot
- Lot Dimensions are 80 x 43
- Back and Front Yard
- Property is zoned R5
Home Design
- Poured Concrete
- Wood Frame Construction
- Asphalt Roof
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Window Treatments
Kitchen
- Stove
- Microwave
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Car Detached Garage
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- Gas Water Heater
Community Details
- Laundry Facilities
Listing and Financial Details
- Tax Block 7148
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,318 | $45,540 | $7,500 | $38,040 |
| 2024 | $4,318 | $47,400 | $7,500 | $39,900 |
| 2023 | $4,191 | $58,140 | $7,500 | $50,640 |
| 2022 | $3,090 | $57,720 | $7,500 | $50,220 |
| 2021 | $4,230 | $48,480 | $7,500 | $40,980 |
| 2020 | $3,172 | $46,860 | $7,500 | $39,360 |
| 2019 | $3,747 | $46,860 | $7,500 | $39,360 |
| 2018 | $3,505 | $17,196 | $3,252 | $13,944 |
| 2017 | $3,505 | $17,196 | $3,778 | $13,418 |
| 2016 | $3,038 | $16,748 | $3,673 | $13,075 |
| 2015 | $1,737 | $15,823 | $4,611 | $11,212 |
| 2014 | $1,737 | $14,929 | $4,894 | $10,035 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2025 12/09/25 | Price Changed | $1,095,000 | 0.0% | $730 / Sq Ft |
| 12/09/2025 12/09/25 | For Sale | $1,095,000 | +10.1% | $730 / Sq Ft |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 08/21/2025 08/21/25 | Price Changed | $995,000 | -26.3% | $663 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $1,350,000 | -- | $900 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $725,000 | -- | |
| Deed | $82,500 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $62,500 | No Value Available |
Source: Brooklyn Board of REALTORS®
MLS Number: 494271
APN: 07148-0038
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