New York City » 11220 » 51st St » 550 51st St

550 51st Street, Brooklyn, NY 11220 - Property report

Also known as: 550 51st St

Property image for 550 51st Street, Brooklyn, NY 11220

Property type

Three Families (C0)

Year built

1905

Lot sq. ft.

2,060

General information

Address

Primary address

550 51st Street

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00800-0026

Building

Property type

Three Families (C0)

Building sq. ft.

3,717

Building dimensions

20 ft x 64.5 ft

Buildings on lot

Stories

Year built

1905

Last altered

2018

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Tax

Tax year

2026-2027

Property tax

$6,913

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

51 Street (narrow)

Nearest wide street

6 Avenue

Distance to wide street

Lot dimensions

20 ft x 103.67 ft

Lot sq. ft.

2,060

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

0.71 Miles

Closest fire station

0.07 Miles

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

Ownership

Ownership information for 550 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 550 51st Street, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/17/2024 - R 12/28/2023 - D	Satisfaction of Mortgage (2024011200860001)	XXX XX XXX XXXX	XXXXXX XXXXXXX XXXXXXX XXXX
01/18/2018 - R 01/15/2018 - D	Certificate (2018011500475002)	XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX XX XXX X
01/18/2018 - R 01/15/2018 - D	Zoning Lot Description (2018011500475001)	XXX XXX XXXX
12/29/2009 - R 12/16/2009 - D	Satisfaction of Mortgage (2009121700057001)	XXXX XXX XX X	XXXXXX XXXXXX XX XXXXXX XXX XXX XXXXXXXX
05/13/2010 - R 12/14/2009 - D	Mortgage (2010011201279001)	XXX XXX XXXX	XXXXXX XXXXXXX XXXXXXX XXXX
12/09/2009 - R 12/07/2009 - D	Satisfaction of Mortgage (2009120700747001)	XXXX XXX XX XXX	XXXX XX XXXXXXX X X
02/07/2008 - R 01/25/2008 - D	Mortgage (2008020400943001)	XXX XXXXXXX	XXXX XX XXXXXXX X X
06/24/2003 - R 10/09/2002 - D	Satisfaction of Mortgage (2003061200764001)		XXXXXXXX XXXX XXX XXXXXXX
08/05/2002 - R	Mortgage (3350008797035)	XXX XX XXX XXXX	XXXXXXXX XXXXXXXXXXXXXXXXXXXXXX XXXXXXX XXXXXX
10/05/1993 - R	Satisfaction of Mortgage (3790001805279)	XX XXXXXX XXXX	XXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 550 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

$6,913

Municipal exemptions

Recent tax assessments

Market value

$2,548,000

Assessed value

$152,880

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	$2,164,000	$129,840	$32,902	19.843%	$13,057	$6,529	+4.72%
2024/25	$1,709,000	$102,540	$31,039	20.085%	$12,469	$6,234	+2.36%
2023/24	$1,815,000	$108,900	$30,323	20.085%	$12,181	$6,090	-49.45%
2022/23	$1,989,000	$119,340	$59,321	20.309%	$12,048	$12,048	+3.93%
2021/22	$1,602,000	$96,120	$58,065	19.963%	$11,592	$11,592	-5.11%
2020/21	$1,783,000	$106,980	$58,047	21.045%	$12,216	$12,216	+172.25%
2019/20	$1,252,000	$75,120	$21,198	21.167%	$4,487	$4,487	+7.23%
2018/19	$1,028,000	$61,680	$20,004	20.919%	$4,185	$4,185	+8.61%
2017/18	$1,187,000	$71,220	$18,900	20.385%	$3,853	$3,853	+7.95%
2016/17	$1,099,000	$65,940	$17,853	19.991%	$3,569	$3,569	+2.32%

Permits

Permit information for 550 51st Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/19/2018	Alteration
09/13/2018	Alteration type 3
05/25/2018	Alteration type 1
03/09/2018	Alteration type 1
11/17/2017	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/08/2024	A
	03/20/2023	A
	11/10/2022	I

*Most recent HPD violations on record for this property.

Neighborhood

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

$545,000

-2.7% Y-o-Y

Median price/sq. ft.

$806

-6.6% Y-o-Y

Brooklyn median sale price

$899,000

6% 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 & 53rd St at SE Corner

Station lines

Distance (miles)

0.243

View subway map

Access the detailed traffic volume map for 550 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 94 The Henry Longfellow	4	Yes	Public	K-5	970	0.06
BROOKLYN RISE CHARTER SCHOOL	5	No	Charter	K-3	210	0.13
LEEP Dual Language Academy Charter School	7	No	Charter	K-3	387	0.14
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.30
School Of Creativity-Innovation	8	No	Public	PK, K-4	198	0.30
Saint Agatha School	NR	No	Private	PK, K-8	193	0.32
Saint Agatha School	NR	No	Private	PK, K-8	193	0.32
P.S. 1 The Bergen	4	No	Public	PK, K-5	754	0.35
P.S. 1 The Bergen	4	No	Public	PK, K-5	754	0.35
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.38

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Saint Agatha School	NR	No	Private	PK, K-8	193	0.32
Al Madrasa Al Islamiya	NR	No	Private	PK, K-8	0	0.38
Al Madrasa Al Islamiya	NR	No	Private	PK-8	164	0.40
Our Lady Of Perpetual Help Elementary School	NR	No	Private	PK-8	214	0.41
Jhs 220 John J Pershing	7	No	Public	6-8	1,229	0.51
St. Michael Elementary School	NR	No	Private	K-8	0	0.51
MS 936 ARTS OFF 3RD	8	No	Public	6-8	445	0.57
Sunset Park Prep	5	No	Public	6-8	440	0.59
Is 136 Charles O Dewey	2	No	Public	6-8	535	0.59

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Yeshiva & Mesivta V'yoel Moshe	NR	No	Private	9-12	702	0.62
Yeshiva Tiferes Shmiel	NR	No	Private	9-12	0	0.74
Yeshiva Tiferes Shmiel d'ALEKSANDER	NR	No	Private	9-12	177	0.74
Bais Chaya Esther	NR	No	Private	PK-11	207	0.74
Nesivos Bais Yaakov	NR	No	Private	PK, K-11	0	0.76
P.S. 371 Lillian L Rashkis	NR	No	Public	9-12	209	0.77
High School of Telecommunication Arts and Technology	6	No	Public	9-12	1,273	0.85
Sunset Park High School	4	No	Public	9-12	1,418	0.88
West Brooklyn Community High School	3	No	Public	10-12	161	0.91

Nearby ZIP codes for 550 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 550 51st Street, Brooklyn, NY 11220?

The development at 550 51st Street, Brooklyn, NY 11220 was built in 1905.

What is the total square footage of 550 51st Street, Brooklyn, NY 11220?

550 51st Street, Brooklyn, NY 11220 has a total of 3,717 square feet.

What is the assessed value of 550 51st Street, Brooklyn, NY 11220?

550 51st Street, Brooklyn, NY 11220 is currently assessed at $152,880.

What are the property taxes for 550 51st Street, Brooklyn, NY 11220?

The property taxes for 550 51st Street, Brooklyn, NY 11220 total $6,913.

How many residential units does this building have?

This building has 3 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.