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557 48th Street, Brooklyn, NY 11220 Property Information

557 48th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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557 48th Street, Brooklyn, NY 11220 1
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Address

Primary address 557 48th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00766-0051

Sales & Tax Overview for 557 48th 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 $9,100

Lot & Building Information for 557 48th Street, Brooklyn

Lot sqft 2,003
Lot dimensions 20 ft x 100.17 ft
Building class Miscellaneous Two Family (B9) i
Building sqft 2,862
Building dimensions 20 ft x 45 ft
Buildings on lot 1
Stories 2
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1901
Frontage(s) 48 Street (narrow)
Nearest wide street 6 Avenue
Distance to wide street
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Zoning & Use for 557 48th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.88 Miles
Closest fire station 0.23 Miles

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

Other Property Data for 557 48th Street, Brooklyn

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Floor area ratio (FAR) for 557 48th 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 557 48th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 557 48th Street, Brooklyn

What is the year built & the total sq. ft. for 557 48th Street, Brooklyn, NY 11220?

557 48th Street, Brooklyn, NY 11220 was built in 1901 and has a total of 2,862 square feet.

What is the assessed value of 557 48th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $86,940, the tax amount paid for 557 48th Street, Brooklyn, NY 11220 is $8,588. For the next year, the tax amount for 557 48th Street, Brooklyn, NY 11220 is estimated at $9,100.

When was 557 48th Street, Brooklyn, NY 11220 last sold?

557 48th Street, Brooklyn, NY 11220 was last sold in 09/07/2001.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 557 48th Street, Brooklyn

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Property owner name for 557 48th Street, Brooklyn, NY 11220
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Building contacts for 557 48th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 557 48th Street, Brooklyn

Create a free account to view the complete sales history for 557 48th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 557 48th 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
11/29/2021 - D
12/10/2021 - R
Assignment, Mortgage
(2021120201497001)
08/03/2020 - D
08/03/2020 - R
Landmark Designation
(2020080300684001)
08/16/2017 - D
08/16/2017 - R
Certificate
(2017081600584001)
08/05/2017 - D
08/16/2017 - R
Zoning Lot Description
(2017081600584002)
12/14/2011 - D
04/27/2012 - R
Discharge of Tax Lien
(2012041900133001)
11/16/2009 - D
11/24/2009 - R
Assignment, Mortgage
(2009111600754001)
06/26/2008 - D
07/15/2008 - R
Tax Lien Sale Certificate
(2008071100556001)
05/01/2007 - D
05/22/2007 - R
Mortgage
(2007051501414001)
05/10/2006 - D
05/25/2006 - R
Satisfaction of Mortgage
(2006051600722001)
04/10/2006 - D
05/15/2006 - R
Mortgage
(2006050901160001)
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R: Recorded date
D: Document date

Property Taxes for 557 48th Street, Brooklyn

Access detailed property tax data for 557 48th 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: $8,588
Estimated property tax: $9,100
Tax assessor's market value: $1,449,000
Assessed value: $86,940

Assessment History for 557 48th Street, Brooklyn

Here's the assessment & property tax history for 557 48th 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 $1,449,000 $86,940 $43,282 19.843% $8,588 $8,588 +4.69%
2024/25 $1,425,000 $85,500 $40,846 20.085% $8,204 $8,204 0.00%
2023/24 $1,673,000 $100,380 $40,846 20.085% $8,204 $8,204 +1.47%
2022/23 $1,483,000 $88,980 $39,812 20.309% $8,085 $8,085 +5.97%
2021/22 $1,379,000 $82,740 $38,219 19.963% $7,630 $7,630 +0.52%

Permits for 557 48th Street, Brooklyn

The complete history of permits filed for 557 48th 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.

Filing date Job type Job status Job description Initial cost
12/21/2017 Alteration type 2
07/25/2017 Alteration type 2
12/01/2016 Alteration type 2
10/14/2009 Alteration type 2
09/20/2005 Alteration type 2
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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
$617,500
21.2% YoY
Median Price/Sqft
$866
2.7% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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) 0.28
View subway map
Bus Routes
Name 49 ST/6 Av
Line B11
Distance (miles) 0.069

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 0.29
P.S. 1 The Bergen 4 Yes Public PK, K-5 754 0.29
P.S. 94 The Henry Longfellow 4 No Public K-5 970 0.14
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.25
School Of Creativity-Innovation 8 No Public PK, K-4 198 0.25

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Saint Agatha School NR No Private PK, K-8 193 0.26
St. Michael Elementary School NR No Private K-8 0 0.38
Sunset Park Prep 5 No Public 6-8 440 0.45
Is 136 Charles O Dewey 2 No Public 6-8 535 0.45
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.45

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 0.60
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 0.61
Yeshiva Tiferes Shmiel NR No Private 9-12 0 0.67
Bais Brocho of Karlin Stolin NR No Private K-12 0 0.67
Yeshiva Tiferes Shmiel d'ALEKSANDER NR No Private 9-12 177 0.67

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 557 48th Street, Brooklyn

Here are the neighbors for 557 48th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
547 48th St, Brooklyn 2,862 01/22/2025
567 48th St, Brooklyn 3,072 12/11/1979
4712 6th Ave, Brooklyn 2,832 12/17/1976
561 48th St, Brooklyn 2,862 09/18/2015
553 48th St, Brooklyn 2,862 02/25/1976
549 48th St, Brooklyn 2,862 06/20/1991
559 48th St, Brooklyn 3,362 03/05/2024
563 48th St, Brooklyn 3,072 06/13/2000
551 48th St, Brooklyn 2,727 03/28/1991
537 48th St, Brooklyn 3,276 07/21/1980
565 48th St, Brooklyn 2,844 09/25/1992
4716 6th Ave, Brooklyn 2,832 01/14/2010 $760,000
4710 6th Ave, Brooklyn 2,832 04/11/2006
541 48th St, Brooklyn 2,862 10/14/2024
539 48th St, Brooklyn 3,216 01/28/2025
555 48th St, Brooklyn 2,862 09/08/2006 $950,000
545 48th St, Brooklyn 2,862 12/28/1979
535 48th St, Brooklyn 2,772 09/17/2014 $990,000
4718 6th Ave, Brooklyn 3,090 06/03/2005 $865,000
4714 6th Ave, Brooklyn 2,832 01/28/2023
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