New York City  »  11220  »  54th St  »  705 54th St

705 54th Street, Brooklyn, NY 11220 - Property report

Also known as: 701-707 54th St

Property image for 705 54th Street, Brooklyn, NY 11220
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Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1920

Lot sq. ft.

1,720

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
705 54th Street
Alternate address(es)
5323 7th Ave
701-707 54th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00818-0001

Owner

Find out who owns 705 54th Street, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
5,108
Building dimensions
21.5 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1920
Building material
Tax
Tax year
2026-2027
Property tax
$13,130
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
21.5 ft x 80 ft
Lot sq. ft.
1,720

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.74 Miles
Closest fire station
0.28 Miles

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

Ownership

Ownership information for 705 54th Street, Brooklyn, NY

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

Sales history for 705 54th Street, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/18/2023 - R Initial UCC1
(2023091800439001)		 XXX XXXX XXX XXX XXXXXX XXXX
09/18/2023 - R
08/31/2023 - D		 Assignment of Leases and Rents
(2023091000020002)		 XXX XXXX XXX XXX XXXXXX XXXX
09/18/2023 - R
08/31/2023 - D		 Mortgage
(2023091000020001)		 XXX XXXX XXX XXX XXXXXX XXXX
02/17/2023 - R
02/14/2023 - D		 Deed
(2023021500595001)		 XXX XXXXX XXX XXXX XXX XXX
11/14/2022 - R
10/25/2022 - D		 Deed
(2022110900925001)		 XXX XXXXXXX XXX XXXXX
12/05/2017 - R
12/01/2017 - D		 Satisfaction of Mortgage
(2017120101065001)		 XXX XXXXX XXXX XX XXXXXXX X X
03/05/2012 - R
01/31/2012 - D		 Zoning Lot Description
(2012022300303001)		 XXX XXXXX
03/05/2012 - R
01/03/2012 - D		 Certificate
(2012022300303002)		 XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX XX XX
07/08/2011 - R
08/14/2009 - D		 Satisfaction of Mortgage
(2011061300397001)		 XXX XXXXX XXXXXX XXXXXXX XXXXXXX XXXX
12/20/2007 - R
12/14/2007 - D		 Satisfaction of Mortgage
(2007121700491001)		 XXXX XX XXXX XX XXXXXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 705 54th 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
$13,130
Municipal exemptions
Recent tax assessments
Market value
$1,391,000
Assessed value
$625,950

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 $1,159,000 $521,550 $97,738 12.439% $12,158 $12,158 -0.49%
2024/25 $966,000 $434,700 $97,737 12.5% $12,217 $12,217 +3.18%
2023/24 $1,090,000 $490,500 $94,706 12.502% $11,840 $11,840 +13.15%
2022/23 $908,000 $408,600 $85,302 12.267% $10,757 $10,464 +8.63%
2021/22 $837,000 $376,650 $78,737 12.235% $9,934 $9,633 +7.88%
2020/21 $919,000 $413,550 $72,793 12.267% $9,223 $8,930 -1.73%
2019/20 $813,600 $366,120 $72,852 12.473% $9,377 $9,087 +2.34%
2018/19 $678,000 $305,100 $70,401 12.612% $9,188 $8,879 +7.11%
2017/18 $640,000 $288,000 $65,175 12.719% $8,580 $8,290 +6.99%
2016/17 $512,000 $230,400 $60,099 12.892% $8,052 $7,748 +8.40%
Permits

Permit information for 705 54th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/19/2026 Alteration
07/08/2020 Alteration type 2
03/28/2012 Alteration type 1
03/05/2012 Alteration type 1
08/02/2011 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.414
View subway map

Access the detailed traffic volume map for 705 54th 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

Neighbors for 705 54th Street, Brooklyn, NY

5301 7th Ave, Brooklyn 627 54th St, Brooklyn 5309 7th Ave, Brooklyn 712 53rd St, Brooklyn 5308 7th Ave, Brooklyn 625 54th St, Brooklyn 5303 7th Ave, Brooklyn 714 53rd St, Brooklyn 613 54th St, Brooklyn 617 54th St, Brooklyn 5315 7th Ave, Brooklyn 5305 7th Ave, Brooklyn 615 54th St, Brooklyn 623 54th St, Brooklyn 629 54th St, Brooklyn 621 54th St, Brooklyn 631 54th St, Brooklyn 5317 7th Ave, Brooklyn 5311 7th Ave, Brooklyn 5307 7th Ave, Brooklyn

Nearby ZIP codes for 705 54th 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 705 54th Street, Brooklyn, NY 11220?

The development at 705 54th Street, Brooklyn, NY 11220 was built in 1920.

What is the market value of 705 54th Street, Brooklyn, NY 11220?

The current market value of 705 54th Street, Brooklyn, NY 11220 is $1,391,000.

What is the total square footage of 705 54th Street, Brooklyn, NY 11220?

705 54th Street, Brooklyn, NY 11220 has a total of 5,108 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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