New York City » 11231 » Henry St » 551 Henry St

551 Henry Street, Brooklyn, NY 11231 - Property report

Also known as: 551 Henry St

Property image for 551 Henry Street, Brooklyn, NY 11231

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1900

Lot sq. ft.

1,240

Sale price

$1,200,000

General information

Address

Primary address

551 Henry Street

Alternate address(es)

175 President St

ZIP code

11231

Neighborhood

Carroll Gardens

Borough

Brooklyn

Block & lot

00344-0001

Building

Property type

Primarily Three Family with One Store or Office (S3)

Building sq. ft.

2,840

Building dimensions

20 ft x 40 ft

Buildings on lot

Stories

Year built

1900

Building material

Sales

Sale date

10/11/2005

Sale price

$1,200,000

Tax

Tax year

2026-2027

Property tax

$33,089

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 62 ft

Lot sq. ft.

1,240

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

99 /100. Biker's Paradise

School district

Community district

Closest police station

0.06 Miles

Closest fire station

0.33 Miles

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

Ownership

Ownership information for 551 Henry Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 551 Henry Street, Brooklyn, NY 11231

Sale date	Sale price	Buyer name	Seller name
10/11/2005	$1,200,000	XXXXX, XXXXXX	XXX XXXXX XXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/06/2024 - R 10/30/2024 - D	Assignment of Leases and Rents (2024110100622002)	XXX XXXXX XXXXXX XXX	XXXX XXX
11/06/2024 - R 10/30/2024 - D	Mortgage (2024110100622001)	XXX XXXXX XXXXXX XXX	XXXX XXX
12/17/2024 - R 10/22/2024 - D	Termination of Agreement (2024121101174001)	XXX XXXXX XXXXXX XXX	XXXX XXXXXX X
11/06/2024 - R 08/16/2021 - D	Termination of Assign of L&R (2024110100622004)	XXX XXXXX XXXXXX XXX	XXXX XXX
11/06/2024 - R 08/16/2021 - D	Satisfaction of Mortgage (2024110100622003)	XXX XXXXX XXXXXX XXX	XXXX XXX
08/23/2018 - R 08/09/2018 - D	Tax Lien Sale Certificate (2018082200613001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
05/04/2016 - R	UCC3 Termination (2016050200351003)	XXXXX XXXXXX	XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
05/04/2016 - R 04/20/2016 - D	Termination of Assign of L&R (2016050200351002)	XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX	XXXXX XXXXXX
05/04/2016 - R 04/20/2016 - D	Satisfaction of Mortgage (2016050200351001)	XXXXX XXXXXX	XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXXX
04/06/2016 - R 03/25/2016 - D	Assignment of Leases and Rents (2016040500249002)	XXX XXXXX XXXXXX XXX	XXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 Henry Street, 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

$33,089

Municipal exemptions

Recent tax assessments

Market value

$2,064,000

Assessed value

$928,800

More about New York City property taxes

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	$1,720,000	$774,000	$246,307	12.439%	$30,638	$30,638	+7.47%
2024/25	$1,752,000	$788,400	$228,063	12.5%	$28,508	$28,508	-0.02%
2023/24	$1,460,000	$657,000	$228,063	12.502%	$28,512	$28,512	+5.18%
2022/23	$1,217,000	$547,650	$220,991	12.267%	$27,109	$27,109	+8.28%
2021/22	$973,400	$438,030	$204,623	12.235%	$25,036	$25,036	+7.72%
2020/21	$945,000	$425,250	$189,467	12.267%	$23,242	$23,242	+6.22%
2019/20	$787,200	$354,240	$175,433	12.473%	$21,882	$21,882	-1.10%
2018/19	$656,000	$295,200	$175,433	12.612%	$22,126	$22,126	+2.33%
2017/18	$563,000	$253,350	$169,993	12.719%	$21,621	$21,621	+6.55%
2016/17	$522,000	$234,900	$157,402	12.892%	$20,292	$20,292	+8.07%

Permits

Permit information for 551 Henry Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/14/2024	Alteration
08/26/2019	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required
	06/30/2023	Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Smith St & President St at NW Corner

Station lines

F-G

Distance (miles)

0.306

View subway map

Access the detailed traffic volume map for 551 Henry Street, Brooklyn, NY 11231 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

Neighbors for 551 Henry Street, Brooklyn, NY

547 Henry St, Brooklyn 161 President St, Brooklyn 539 Henry St, Brooklyn 149 President St, Brooklyn 151 President St, Brooklyn 159 President St, Brooklyn 534 Henry St, Brooklyn 549 Henry St, Brooklyn 543 Henry St, Brooklyn 196 Union St, Brooklyn 155 President St, Brooklyn 545 Henry St, Brooklyn 198 Union St, Brooklyn 153 President St, Brooklyn 192 Union St, Brooklyn 194 Union St, Brooklyn 200 Union St, Brooklyn 532 A Henry St, Brooklyn

Frequently asked questions

What is the year built for 551 Henry Street, Brooklyn, NY 11231?

The development at 551 Henry Street, Brooklyn, NY 11231 was built in 1900.

What is the market value of 551 Henry Street, Brooklyn, NY 11231?

The current market value of 551 Henry Street, Brooklyn, NY 11231 is $2,064,000.

What is the total square footage of 551 Henry Street, Brooklyn, NY 11231?

551 Henry Street, Brooklyn, NY 11231 has a total of 2,840 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.