New York City  »  11231  »  Commerce St  »  55 Commerce St

55 Commerce Street, Brooklyn, NY 11231 - Property report

Also known as: 47 Commerce St

Property image for 55 Commerce Street, Brooklyn, NY 11231
static Mapbox map

Property type

Factory - Light Manufacturing (F5)

Year built

1921

Lot sq. ft.

6,034

General information

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Address
Primary address
55 Commerce Street
Alternate address(es)
47 Commerce St
52 Richards St
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00518-0023

Owner

Find out who owns 55 Commerce Street, Brooklyn, NY 11231. Uncover corporate and individual owners with a free account.

Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
3,644
Building dimensions
60.73 ft x 59 ft
Buildings on lot
1
Stories
1
Year built
1921
Last altered
1965
Building material
Tax
Tax year
2026-2027
Property tax
$24,305
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
60.73 ft x 99.33 ft
Lot sq. ft.
6,034

Area overview

Walk score
87 /100.  Very Walkable
Transit score
76 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.43 Miles
Closest fire station
0.06 Miles

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

Ownership

Ownership information for 55 Commerce Street, Brooklyn, NY

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

Sales history for 55 Commerce Street, Brooklyn, NY 11231

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/29/2024 - R
09/17/2024 - D		 Termination of Assign of L&R
(2024102700008002)		 XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX XXXXXXXXXXX XXX
03/19/2024 - R
02/24/2024 - D		 Deed, Other
(2024031800766001)		 XXX XXXXX XXXXXX XXX XXXX XXXXXX XXX
11/17/2020 - R
10/08/2020 - D		 Sundry Miscellaneous
(2020110900584001)		 XXXX XXXXXX XXX
01/12/2017 - R
11/30/2016 - D		 Satisfaction of Mortgage
(2017011000908001)		 XXXXXXX XXXXXXXX XXXXXXXXX XXXX XXXXXXXXXX XXXXX
08/11/2015 - R
08/07/2015 - D		 Zoning Lot Description
(2015081101077003)		 XXX XXXXX XXXXXX XXX
08/11/2015 - R
08/07/2015 - D		 Zoning Lot Description
(2015081101077001)		 XXX XXXXX XXXXXX XXX
08/11/2015 - R
07/31/2015 - D		 Certificate
(2015081101077004)		 XXXXX XXXXXXXX XXXX
08/11/2015 - R
07/31/2015 - D		 Certificate
(2015081101077002)		 XXXXX XXXXXXXX XXXX
05/21/2015 - R
04/01/2015 - D		 Both RPTT and RETT
(2015051301553001)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXXXXX XXXXXXX
10/16/2014 - R
08/28/2014 - D		 Both RPTT and RETT
(2014100800693001)		 XXXXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 55 Commerce 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
$24,305
Municipal exemptions
Recent tax assessments
Market value
$611,000
Assessed value
$274,950

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 $515,000 $231,750 $201,483 10.848% $21,857 $21,857 +4.79%
2024/25 $493,000 $221,850 $193,802 10.762% $20,857 $20,857 +24.11%
2023/24 $375,000 $168,750 $158,665 10.592% $16,806 $16,806 +2.27%
2022/23 $343,000 $154,350 $154,350 10.646% $16,432 $16,432 +22.13%
2021/22 $278,000 $125,100 $125,100 10.755% $13,455 $13,455 +378.01%
2020/21 $353,000 $158,850 $26,321 10.694% $2,815 $2,815 -91.35%
2019/20 $760,000 $342,000 $308,960 10.537% $32,555 $32,555 +1.48%
2018/19 $766,000 $344,700 $305,120 10.514% $32,080 $32,080 +1.67%
2017/18 $759,000 $341,550 $300,110 10.514% $31,554 $31,554 +2.86%
2016/17 $716,000 $322,200 $290,120 10.574% $30,677 $30,677 +1.39%
Permits

Permit information for 55 Commerce Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/09/2024 Alteration
04/23/2024 Alteration
04/01/2019 Alteration type 1
12/24/2015 Subdivision: improved
12/24/2015 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 2nd St at NW Corner
Station lines
F-G
Distance (miles)
0.618
View subway map

Access the detailed traffic volume map for 55 Commerce 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 55 Commerce Street, Brooklyn, NY

54 Richards St, Brooklyn 223 Van Brunt St, Brooklyn 114 Verona St, Brooklyn 76 Delavan St, Brooklyn 26 Delavan St, Brooklyn 79 Commerce St, Brooklyn 219 Van Brunt St, Brooklyn 7 Commerce St, Brooklyn 225 Van Brunt St, Brooklyn 72 Delavan St, Brooklyn 57 Richards St, Brooklyn 2 Dwight St, Brooklyn 221 Van Brunt St, Brooklyn 65 Commerce St, Brooklyn 78 Delevan St, Brooklyn 389 Columbia St, Brooklyn 57 Commerce St, Brooklyn 77 Commerce St, Brooklyn 274 Van Brunt St, Brooklyn 379 Columbia St, Brooklyn

Nearby ZIP codes for 55 Commerce Street, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 55 Commerce Street, Brooklyn, NY 11231?

The development at 55 Commerce Street, Brooklyn, NY 11231 was built in 1921.

What is the market value of 55 Commerce Street, Brooklyn, NY 11231?

The current market value of 55 Commerce Street, Brooklyn, NY 11231 is $611,000.

What is the total square footage of 55 Commerce Street, Brooklyn, NY 11231?

55 Commerce Street, Brooklyn, NY 11231 has a total of 3,644 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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