| Primary address | 55 Commerce Street |
| Secondary address | 47 Commerce St |
| Neighborhood | Red Hook |
| Zip code | 11231 |
| Borough | Brooklyn |
| Block & lot | 00518-0023 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $24,304 |
| Lot sqft | 6,034 |
| Lot dimensions | |
| Building class | Factory - Light Manufacturing (F5) |
| Building sqft | 3,644 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 1 |
| Year built | 1921 |
| Year last altered | 1965 |
| Construction type | Register |
| Zoning | Register |
| Commercial units | 1 |
| School district | 15 |
| Community district | 6 |
| Closest police station | 0.43 Miles |
| Closest fire station | 0.06 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Factory - Light Manufacturing (F5) located at 55 Commerce Street, Brooklyn, NY 11231 has a total of 3,644 square feet.
What is the year built & the current market value of 55 Commerce Street, Brooklyn, NY 11231?55 Commerce Street, Brooklyn, NY 11231 was built in 1921 and has a current tax assessor's market value of $515,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 55 Commerce Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 55 Commerce Street, Brooklyn, NY 11231. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $21,857 |
| Estimated property tax: | $24,304 |
| Tax assessor's market value: | $515,000 |
| Assessed value: | $231,750 |
Here's the assessment & property tax history for 55 Commerce Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year 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% |
The complete history of permits filed for 55 Commerce Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | AE (See more on map) |
| Hurricane evacuation zone: | 1 (See more on map) |
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Distance to Subway
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| Closest station | Smith St & 2nd St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F-G | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.618 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Van Brunt St/Commerce St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.097 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 55 Commerce Street, Brooklyn, NY 11231.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 54 Richards St, Brooklyn | 13,814 | 07/06/2000 | |
| 223 Van Brunt St, Brooklyn | 5,500 | 02/05/1987 | |
| 114 Verona St, Brooklyn | 08/29/2023 | ||
| 76 Delavan St, Brooklyn | 10/30/2002 | ||
| 26 Delavan St, Brooklyn | 16,720 | 05/28/2004 | $50 |
| 79 Commerce St, Brooklyn | 2,016 | 05/26/1992 | |
| 219 Van Brunt St, Brooklyn | 2,250 | 11/27/2012 | $387,402 |
| 7 Commerce St, Brooklyn | 30,909 | 08/30/2000 | |
| 225 Van Brunt St, Brooklyn | 3,600 | 06/08/2015 | $3,000,000 |
| 72 Delavan St, Brooklyn | 4,500 | 04/17/2014 | $1,400,000 |
| 57 Richards St, Brooklyn | 22,500 | 05/16/1994 | |
| 2 Dwight St, Brooklyn | 1,500 | 02/23/2004 | |
| 221 Van Brunt St, Brooklyn | 5,500 | 07/12/2005 | |
| 65 Commerce St, Brooklyn | 17,280 | 04/14/1995 | |
| 78 Delevan St, Brooklyn | 4,500 | 10/30/2002 | |
| 389 Columbia St, Brooklyn | 12,250 | 11/02/2001 | |
| 57 Commerce St, Brooklyn | 8,000 | 12/27/2006 | |
| 77 Commerce St, Brooklyn | 2,816 | 08/30/1996 | |
| 274 Van Brunt St, Brooklyn | 08/29/2023 | ||
| 379 Columbia St, Brooklyn | 5,700 | 12/01/1998 |
