New York City  »  11231  »  Wolcott St  »  51 Wolcott St

51 Wolcott Street, Brooklyn, NY 11231 - Property report

Also known as: 167 Richards St

Property image for 51 Wolcott Street, Brooklyn, NY 11231
static Mapbox map

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1925

Lot sq. ft.

1,800

Sale price

$1,890,000

General information

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Address
Primary address
51 Wolcott Street
Alternate address(es)
167 Richards St
171-175 Richards St
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00577-0007

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
3,240
Building dimensions
18 ft x 100 ft
Buildings on lot
2
Stories
3
Year built
1925
Last altered
2001
Building material
Sales
Sale date
02/07/2020
Sale price
$1,890,000
Tax
Tax year
2026-2027
Property tax
$22,152
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
18 ft x 100 ft
Lot sq. ft.
1,800

Area overview

Walk score
76 /100.  Very Walkable
Transit score
65 /100.  Good Transit
Bike score
100 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.77 Miles
Closest fire station
0.41 Miles

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Ownership information for 51 Wolcott Street, Brooklyn, NY

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

Sales history for 51 Wolcott Street, Brooklyn, NY 11231

Sale date Sale price Buyer name Seller name
02/07/2020 $1,890,000 XXX XXXXXX XXX XXX XXXXX XXX
12/19/2014 $1,100,000 XXX XXXXX XXX XXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/22/2026 - R
01/14/2026 - D
Assignment, Mortgage
(2026012101050001)
XXXXXXXXXXX XXXXXXXX XXXX XXX XXXXXXXX XXXXXXXXXXXXX XXXX XXXXX XXXXX
01/27/2021 - R UCC3 Termination
(2020031000845001)
XXX XXXXX XXX XXXXXXXXXX XXXX
04/08/2020 - R Initial UCC1
(2020040800397001)
XXX XXXXXX XXX XXXXXXXXXXX XXXXXXXX XXXX XXX
02/26/2020 - R
02/07/2020 - D
Agreement
(2020022000611005)
XXX XXXXXX XXX XXXXXXXXXXX XXXXXXXXXXXX XXX
02/26/2020 - R
02/07/2020 - D
Mortgage
(2020022000611004)
XXX XXXXXX XXX XXXXXXXXXXX XXXXXXXXXXXX XXX
02/26/2020 - R
02/07/2020 - D
Deed
(2020022000611003)
XXX XXXXX XXX XXX XXXXXX XXX
02/26/2020 - R
02/07/2020 - D
Assignment, Mortgage
(2020022000611001)
XXXXXXXXXX XXXX XXXXXXXXXXX XXXXXXXX XXXX XXX
02/26/2020 - R
02/05/2020 - D
Termination of Assign of L&R
(2020022000611002)
XXXXXXXXXX XXXX XXX XXXXX XXX
02/27/2017 - R UCC3 Termination
(2017013101347006)
XXX XXXXX XXX XXXXX XXXX XXXXXXX XXX
02/02/2017 - R Initial UCC1
(2017012701204001)
XXX XXXXX XXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 51 Wolcott 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
$22,152
Municipal exemptions
Recent tax assessments
Market value
$982,000
Assessed value
$441,900

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 $818,000 $368,100 $164,897 12.439% $20,512 $20,512 +7.47%
2024/25 $681,600 $306,720 $152,686 12.5% $19,086 $19,086 +7.98%
2023/24 $568,000 $255,600 $141,376 12.502% $17,675 $17,675 +1.92%
2022/23 $576,000 $259,200 $141,376 12.267% $17,343 $17,343 +3.47%
2021/22 $643,800 $289,710 $136,990 12.235% $16,761 $16,761 +7.72%
2020/21 $625,000 $281,250 $126,844 12.267% $15,560 $15,560 +6.21%
2019/20 $521,000 $234,450 $117,451 12.473% $14,650 $14,650 +6.81%
2018/19 $434,000 $195,300 $108,751 12.612% $13,716 $13,716 -0.84%
2017/18 $393,000 $176,850 $108,751 12.719% $13,832 $13,832 +1.82%
2016/17 $314,000 $141,300 $105,377 12.892% $13,585 $13,585 +8.07%

Permit information for 51 Wolcott Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/11/2013 Alteration type 3
11/13/2012 Alteration type 2
08/07/2008 Alteration type 2
06/17/2008 Alteration type 3
06/17/2008 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/14/2020 Aeuhaz1-fail to certify class 1
05/15/1992 C-construction
05/13/1992 C-construction

*Most recent DOB violations on record 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
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 9th St at NE Corner
Station lines
F-G-R
Distance (miles)
0.742

Access the detailed traffic volume map for 51 Wolcott 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

Frequently asked questions

What is the year built for 51 Wolcott Street, Brooklyn, NY 11231?

The development at 51 Wolcott Street, Brooklyn, NY 11231 was built in 1925.

What is the market value of 51 Wolcott Street, Brooklyn, NY 11231?

The current market value of 51 Wolcott Street, Brooklyn, NY 11231 is $982,000.

What is the total square footage of 51 Wolcott Street, Brooklyn, NY 11231?

51 Wolcott Street, Brooklyn, NY 11231 has a total of 3,240 square feet.

What is the price per square foot for this property?

$583 per square foot is the price for 51 Wolcott Street, Brooklyn, NY 11231.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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