Kings » 11220 » 51st St » 553 51st St

553 51st Street, Brooklyn, NY 11220 - Property report

Also known as: 553 51st St

Property image for 553 51st Street, Brooklyn, NY 11220

Property type

Five to Six Families (C2)

Year built

1927

Lot sq. ft.

2,504

Sale price

$1,330,000

General information

Address

Primary address

553 51st Street

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00792-0046

Building

Property type

Five to Six Families (C2)

Building sq. ft.

4,530

Building dimensions

25 ft x 72 ft

Buildings on lot

Stories

Year built

1927

Building material

Sales

Sale date

08/03/2017

Sale price

$1,330,000

Tax

Tax year

2026-2027

Property tax

$20,820

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Lot

Lot dimensions

25 ft x 100.17 ft

Lot sq. ft.

2,504

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

93 /100. Rider's Paradise

Bike score

76 /100. Very Bikeable

School district

Community district

Closest police station

0.74 Miles

Closest fire station

0.10 Miles

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

Ownership

Ownership information for 553 51st Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 553 51st Street, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
08/03/2017	$1,330,000	XXXXX, XXXXX XXXX	XXXX, XXXX XXXX XXX XXXX, XXXX XXXX
10/29/2008	$660,000	XXXX, XXXX XXXX XXX XXXX, XXXX XXXX	XXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/23/2018 - R 12/29/2017 - D	Deed (2018012200629001)	XXXXX XXXXX XXXX	XXX XXXX XXXXXX XXXXXX XXX
08/16/2017 - R 08/03/2017 - D	Assignment of Leases and Rents (2017081400397003)	XXXXX XXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
08/16/2017 - R 08/03/2017 - D	Mortgage (2017081400397002)	XXXXX XXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXXXXXX
08/16/2017 - R 08/03/2017 - D	Deed (2017081400397001)	XXXX XXXX XXXX	XXXXX XXXXX XXXX
11/13/2008 - R 10/29/2008 - D	Deed (2008111001189001)	XXXXXX XXXX	XXXX XXXX XXXX
05/19/2008 - R 04/07/2008 - D	Deed (2008040401407001)	XXXX XXXXXXXX XXXXX XXXXX X X	XXXXXX XXXX
04/05/2004 - R 02/11/2004 - D	Satisfaction of Mortgage (2004030201262001)		XXXXX XXXXX XXXXXXX XXXX
12/29/1994 - R	Assignment, Mortgage (3270004574827)	XXXXX XXXXX XXXXXXXXXXX	XXXX XXXXXXX
03/24/1993 - R	Satisfaction of Mortgage (3240001759024)	XXXXXXXXX XXXXX	XXXXXXXX XXXXXX
03/17/1993 - R	Satisfaction of Mortgage (3580001756958)	XXXXXXXXXX XXXXX	XXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 553 51st 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

$20,820

Municipal exemptions

Recent tax assessments

Market value

$1,246,000

Assessed value

$560,700

More about New York City Property Taxes

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	$1,069,000	$481,050	$167,345	12.439%	$20,816	$20,816	+2.71%
2024/25	$957,000	$430,650	$162,135	12.5%	$20,267	$20,267	+7.96%
2023/24	$887,000	$399,150	$150,151	12.502%	$18,772	$18,772	+10.05%
2022/23	$904,000	$406,800	$139,048	12.267%	$17,057	$17,057	+8.28%
2021/22	$815,000	$366,750	$128,753	12.235%	$15,753	$15,753	-0.24%
2020/21	$892,000	$401,400	$128,727	12.267%	$15,791	$15,791	+1.51%
2019/20	$928,000	$417,600	$124,719	12.473%	$15,556	$15,556	+6.79%
2018/19	$1,160,000	$522,000	$115,501	12.612%	$14,567	$14,567	+7.08%
2017/18	$998,000	$449,100	$106,960	12.719%	$13,604	$13,604	+6.55%
2016/17	$839,000	$377,550	$99,041	12.892%	$12,768	$12,768	+0.09%

Permits

Permit information for 553 51st Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/21/2008	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	01/01/2009	Ll6291-local law 62/91 - boilers
	05/04/1998	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 52nd St at NW Corner (Exit Only)

Station lines

Distance (miles)

0.256

View subway map

Access the detailed traffic volume map for 553 51st Street, Brooklyn, NY 11220 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

Nearby ZIP codes for 553 51st Street, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 553 51st Street, Brooklyn, NY 11220?

The development at 553 51st Street, Brooklyn, NY 11220 was built in 1927.

What is the total square footage of 553 51st Street, Brooklyn, NY 11220?

553 51st Street, Brooklyn, NY 11220 has a total of 4,530 square feet.

When was 553 51st Street, Brooklyn, NY 11220 last sold and what was the sale price?

553 51st Street, Brooklyn, NY 11220 was last sold on 08/03/2017 for $1,330,000.

What is the assessed value of 553 51st Street, Brooklyn, NY 11220?

553 51st Street, Brooklyn, NY 11220 is currently assessed at $560,700.

What are the property taxes for 553 51st Street, Brooklyn, NY 11220?

The property taxes for 553 51st Street, Brooklyn, NY 11220 total $20,820.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.