Kings  »  11232  »  Hamilton Ave  »  550 Hamilton Ave

Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232 - Property report

Also known as: 550 Hamilton Ave

Property image for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)

Year built

1997

Lot sq. ft.

301,770

General information

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Address
Building name
Hamilton Avenue Marine Transfer
Primary address
Hamilton Avenue Marine Transfer - 550 Hamilton Avenue
Alternate address(es)
550-558 Hamilton Ave
ZIP code
11232
Neighborhood
Greenwood Heights
Borough
Brooklyn
Block & lot
00625-0065

Owner

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Building
Property type
Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)
Building sq. ft.
253,341
Building dimensions
330 ft x 438.75 ft
Buildings on lot
1
Stories
1
Year built
1997
Last altered
2018
Building material
Tax
Tax year
2026-2027
Property tax
$2,463,896
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
547 ft x 823 ft
Lot sq. ft.
301,770

Area overview

Walk score
84 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.57 Miles
Closest fire station
0.21 Miles

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

Ownership information for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY

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

Sales history for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/06/2001 - R Certificate
(3380007801938)
XXXXXXXXXXXX XX XXXXXXX XX XXX XXXX XX XXX XXXX
06/12/1998 - R Easement
(3240006089424)
XXXXXXXXXX XXXXXXX XXX XXXX XXXXXXXXX XXXXXXX
04/14/1997 - R Sundry Agreement
(3960005571096)
XXXXX XXXXXXXXX XXXX
04/14/1997 - R Satisfaction of Mortgage
(3400005574040)
XXXXXXXX XXXX
04/14/1997 - R
03/27/1997 - D
Deed
(3260005571026)
XXXXXXX XXXXXX XX XXXX XXXXX XXX XXX
12/21/1994 - R Court Order
(3610004562961)
XXXXXXXX XXXXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXX
12/29/1992 - R UCC3 Amendment
(3620003969962)
XXXXXXX XXXXXX XX XXXXXXXX XXXX
02/22/1988 - R Assignment, Mortgage
(3530001344653)
XXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXX
02/22/1988 - R Mortgage
(3500001344650)
XXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXX
01/25/1988 - R Initial UCC1
(3910003919791)
XXXXXXX XXXXXX XX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, 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
$2,463,896
Municipal exemptions
Recent tax assessments
Market value
$54,082,000
Assessed value
$24,336,900

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 $50,217,000 $22,597,650 $21,869,791 10.848% $2,372,435 $2,372,435 +2.49%
2024/25 $53,665,000 $24,149,250 $21,508,325 10.762% $2,314,726 $2,314,726 +5.56%
2023/24 $53,129,000 $23,908,050 $20,703,294 10.592% $2,192,893 $2,192,893 +4.90%
2022/23 $50,750,000 $22,837,500 $19,635,843 10.646% $2,090,432 $2,090,432 +5.32%
2021/22 $44,714,000 $20,121,300 $18,454,944 10.755% $1,984,829 $1,984,829 +27.38%
2020/21 $46,523,000 $20,935,350 $14,570,920 10.694% $1,910,532 $1,558,214 +18.43%
2019/20 $44,859,000 $20,186,550 $12,486,362 10.537% $1,778,549 $1,315,688 +25.56%
2018/19 $42,527,000 $19,137,150 $9,966,242 10.514% $1,625,164 $1,047,851 +36.93%
2017/18 $37,331,000 $16,798,950 $7,278,572 10.514% $1,458,045 $765,269 +27.09%
2016/17 $35,040,000 $15,768,000 $5,694,392 10.574% $1,414,976 $602,125 +23.63%

Permit information for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/11/2026 Alteration
09/08/2025 Alteration
01/15/2025 Alteration
11/14/2024 Alteration
08/09/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/22/2025 Aeuhaz1-fail to certify class 1 none
05/02/2024 Bench-failure to benchmark none
03/21/2024 C-construction other optional

*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,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
4th Ave & Prospect Ave at SE Corner
Station lines
R
Distance (miles)
0.326

Access the detailed traffic volume map for Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232 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 Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232?

The development at Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232 was built in 1997.

What is the market value of Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232?

The current market value of Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232 is $54,082,000.

What is the total square footage of Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232?

Hamilton Avenue Marine Transfer - 550 Hamilton Avenue, Brooklyn, NY 11232 has a total of 253,341 square feet.

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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