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551 47th Street, Brooklyn, NY 11220 Property Information

551 47th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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551 47th Street, Brooklyn, NY 11220 1
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Address

Primary address 551 47th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00757-0055

Sales & Tax Overview for 551 47th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $9,186

Lot & Building Information for 551 47th Street, Brooklyn

Lot sq. ft. 2,003
Lot dimensions 20 ft x 100.17 ft
Property type Three Families (C0)
Building sqft 2,948
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 2
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1910
Frontage(s) 47 Street (narrow)
Nearest wide street 6 Avenue
Distance to wide street
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Zoning & Use for 551 47th Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
94 /100. Walker's Paradise
Transit Score
93 /100. Rider's Paradise
Bike Score
77 /100. Very Bikeable

School district 15
Community district 7
Closest police station 0.86 Miles
Closest fire station 0.28 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 551 47th Street, Brooklyn

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Floor area ratio (FAR) for 551 47th Street, Brooklyn, NY 11220, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 551 47th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 551 47th Street, Brooklyn

What is the year built & the total sq. ft. for 551 47th Street, Brooklyn, NY 11220?

551 47th Street, Brooklyn, NY 11220 was built in 1910 and has a total of 2,948 square feet.

What is the assessed value of 551 47th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $83,280, the tax amount paid for 551 47th Street, Brooklyn, NY 11220 is $8,666. For the next year, the tax amount for 551 47th Street, Brooklyn, NY 11220 is estimated at $9,186.

When was 551 47th Street, Brooklyn, NY 11220 last sold?

551 47th Street, Brooklyn, NY 11220 was last sold in 09/16/1988.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 551 47th Street, Brooklyn

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Property owner name for 551 47th Street, Brooklyn, NY 11220
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Building contacts for 551 47th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 551 47th Street, Brooklyn

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No recorded sales for this property.

Title Documents for 551 47th Street, Brooklyn

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.

Date Type Amount Party 1 Party 2 Doc image
08/03/2020 - D
08/03/2020 - R		 Landmark Designation
(2020080300684001)
08/21/2003 - D
04/05/2004 - R		 Satisfaction of Mortgage
(2003120201429001)
12/13/1988 - R Satisfaction of Mortgage
(3980001417598)
09/26/1988 - R Power of Attorney
(3030001398503)
09/26/1988 - R Mortgage
(3020001398502)
09/16/1988 - D
09/26/1988 - R		 Deed
(3040001398504)
12/16/1985 - R Satisfaction of Mortgage
(3490001132349)
09/20/1985 - R Mortgage
(3550001113655)
02/13/1980 - R Mortgage
(38030114100425)
02/13/1980 - R Deed
(38030114100423)
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R: Recorded date
D: Document date

Property Taxes for 551 47th Street, Brooklyn

Access detailed property tax data for 551 47th Street, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,666
Estimated property tax: $9,186
Tax assessor's market value: $1,388,000
Assessed value: $83,280

More about New York City Property Taxes

Assessment History for 551 47th Street, Brooklyn

Here's the assessment & property tax history for 551 47th 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 $1,388,000 $83,280 $43,675 19.843% $8,666 $8,666 +4.71%
2024/25 $1,336,000 $80,160 $41,206 20.085% $8,276 $8,276 0.00%
2023/24 $1,526,000 $91,560 $41,206 20.085% $8,276 $8,276 -0.34%
2022/23 $1,513,000 $90,780 $40,892 20.309% $8,305 $8,305 +7.83%
2021/22 $1,373,000 $82,380 $38,579 19.963% $7,702 $7,702 +0.55%
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Permits for 551 47th Street, Brooklyn

The complete history of permits filed for 551 47th 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.

No recorded permits for this property.

Sunset Park Residential Market Stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$587,500
2.6% YoY
Median Price/Sqft
$863
0.3% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 45th St at NE Corner
Station lines R
Distance (miles) 0.249
View subway map
Bus Routes
Name 5 Av/47 St
Line B63
Distance (miles) 0.084

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.28
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.28
P.S. 94 The Henry Longfellow 4 No Public K-5 970 0.19
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.27
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.27
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 220 John J Pershing 7 Yes Public 6-8 1,229 0.49
Saint Agatha School NR No Private PK, K-8 193 0.28
St. Michael Elementary School NR No Private K-8 0 0.33
Is 136 Charles O Dewey 2 No Public 6-8 535 0.40
Sunset Park Prep 5 No Public 6-8 440 0.40
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.56
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 0.62
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.66
Yeshiva Tiferes Shmiel NR No Private 9-12 0 0.67
Sunset Park High School 4 No Public 9-12 1,418 0.67
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 551 47th Street, Brooklyn

Here are the neighbors for 551 47th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
553 47th St, Brooklyn 2,948 07/27/2011 $849,000
563 47th St, Brooklyn 2,948 03/29/2018 $1,505,000
4624 6th Ave, Brooklyn 3,072 06/20/2023
535 47th St, Brooklyn 2,948 03/15/2000
531 47th St, Brooklyn 2,948 04/24/1998
527 47th St, Brooklyn 2,948 01/09/2023 $1,600,000
537 47th St, Brooklyn 2,948 08/05/2003 $515,000
541 47th St, Brooklyn 2,948 03/11/2014
543 47th St, Brooklyn 2,948 08/20/2003 $550,000
561 47th St, Brooklyn 2,948 12/11/1998
549 47th St, Brooklyn 2,948 07/11/2002
533 47th St, Brooklyn 2,948 06/06/2024 $1,900,000
571 47th St, Brooklyn 2,272 07/15/1991
539 47th St, Brooklyn 2,948 03/22/2019
557 47th St, Brooklyn 2,948 12/11/2019 $1,200,000
559 47th St, Brooklyn 2,948 12/17/2025 $1,700,000
529 47th St, Brooklyn 2,948 04/21/2017 $380,000
565 47th St, Brooklyn 2,948 07/24/2017 $1,440,000
569 47th St, Brooklyn 2,966 07/02/1986
4622 6th Ave, Brooklyn 2,868 07/29/2009 $760,000
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