New York City  »  11220  »  57th St  »  538 57th St

538 57th Street #P1, Brooklyn, NY 11220 - Property report

Also known as: 538 57th St #P1

Property image for 538 57th Street #P1, Brooklyn, NY 11220
static Mapbox map

Property type

Condo - Commercial Unit of 2-10 Unit Building (R8)

Year built

2009

Lot sq. ft.

2,003

Sale price

$700,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
538 57th Street #P1
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00848-1006

Owner

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Building
Property type
Condo - Commercial Unit of 2-10 Unit Building (R8)
Unit sq. ft.
197
Buildings on lot
1
Stories
5
Year built
2009
Building material
Sales
Sale date
04/25/2022
Sale price
$700,000 - M
Tax
Tax year
2026-2027
Property tax
$572
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot sq. ft.
2,003

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
20
Community district
7

View more such as transportation, nearby schools and risk designations.

Ownership information for 538 57th Street #P1, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 538 57th Street #P1, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
04/25/2022 $700,000 XXXXX, XXXX XXX XXX, XXX XXX XXX, XXX XXXX XXX XXX, XX XXXX
04/01/2014 $60,840 XXX, XXX XXXX XXX XXX, XX XXXX X & X XXXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/09/2022 - R
05/24/2022 - D
Satisfaction of Mortgage
(2022060100076001)
XXX XXX XXXX XXX XXXXX
06/01/2022 - R
04/25/2022 - D
Power of Attorney
(2022052200013003)
XXXXX XXXX XXXXX XX XXXXXXXX XX XXX XXX XXXX XXXXXX
06/01/2022 - R
04/25/2022 - D
Mortgage
(2022052200013002)
XXXXX XXXX XXXX
06/01/2022 - R
04/25/2022 - D
Deed
(2022052200013001)
XXX XXX XXXX XXXXX XXXX
04/17/2014 - R
04/01/2014 - D
Power of Attorney
(2014041000365002)
XXX XXX XXXX XXX XXXX XXXXXX XXXXXXXXXXX XXXXX XX XXXXXXXX
04/17/2014 - R
04/01/2014 - D
Deed
(2014041000365001)
X X XXXXX XXXXXXXX XXX XXX XXX XXXX
01/19/2012 - R
01/13/2012 - D
Maps
(2012011701064002)
XXX XXX XXXX XXXXXX XXXXXXXXXXX
01/19/2012 - R
07/13/2011 - D
Condo Declaration
(2012011701064001)
XXX XXX XXXX XXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 538 57th Street #P1, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$572
Municipal exemptions
Recent tax assessments
Market value
$61,251
Assessed value
$27,563

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $69,000 $31,050 $3,237 12.439% $657 $403 +45.56%
2024/25 $86,251 $38,813 $2,213 12.5% $660 $277 +91.24%
2023/24 $79,000 $35,550 $1,157 12.502% $640 $145 +606.09%
2022/23 $78,000 $35,100 $167 12.267% $581 $20 +2.43%
2021/22 $87,000 $39,150 $167 12.235% $537 $20 -2.37%
2020/21 $87,000 $39,150 $167 12.267% $499 $20 -1.65%
2019/20 $72,552 $32,648 $167 12.473% $507 $21 -1.10%
2018/19 $60,251 $27,113 $167 12.612% $497 $21 -0.84%
2017/18 $52,425 $23,591 $167 12.719% $464 $21 -1.34%
2016/17 $49,000 $22,050 $167 12.892% $435 $22 +0.07%

Permit information for 538 57th Street #P1, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & 59th St at NE Corner
Station lines
N-R
Distance (miles)
0.215

Access the detailed traffic volume map for 538 57th Street #P1, Brooklyn, NY 11220 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 538 57th Street #P1, Brooklyn, NY 11220?

The development at 538 57th Street #P1, Brooklyn, NY 11220 was built in 2009.

What is the market value of 538 57th Street #P1, Brooklyn, NY 11220?

The current market value of 538 57th Street #P1, Brooklyn, NY 11220 is $61,251.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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