Kings  »  11220  »  55th St  »  259 55th St

259 55th Street, Brooklyn, NY 11220 - Property report

Also known as: 259 55th St

Property image for 259 55th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

3,506

Sale price

$3,160,000

General information

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Address
Primary address
259 55th Street
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00821-0054

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
8,160
Building dimensions
30 ft x 68 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Sales
Sale date
03/08/2018
Sale price
$3,160,000
Tax
Tax year
2026-2027
Property tax
$26,292
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
35 ft x 100.17 ft
Lot sq. ft.
3,506

Area overview

Walk score
81 /100.  Very Walkable
Transit score
92 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
20
Community district
7
Closest police station
0.48 Miles
Closest fire station
0.25 Miles

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

Ownership

Ownership information for 259 55th 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 259 55th Street, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
03/08/2018 $3,160,000 XX XX XXXX XXX XXX XXXX XXX
09/25/2009 $1,325,000 XXXXX XXXXXX, XXX XXX XXXXXX XXXXXX XXX
08/01/2003 $495,000 XXX XXXXXX XXXXXX XXX XXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/30/2021 - R Initial UCC1
(2021082000624004)		 XX XXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
08/30/2021 - R
06/18/2021 - D		 Assignment of Leases and Rents
(2021082000624003)		 XX XXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
08/30/2021 - R
06/18/2021 - D		 Agreement
(2021082000624002)		 XX XXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
08/30/2021 - R
06/18/2021 - D		 Mortgage
(2021082000624001)		 XX XXXXXXX XXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
03/29/2018 - R Initial UCC1
(2018031600135008)		 XX XX XXXX XXX XXX XXXX XXXXXXXXX XXXX
03/29/2018 - R UCC3 Termination
(2018031600135002)		 XXX XXXX XXX XXXXXXXXX XXXX
03/29/2018 - R
03/08/2018 - D		 Assignment of Leases and Rents
(2018031600135007)		 XX XX XXXX XXX XXX XXXX XXXXXXXXX XXXX
03/29/2018 - R
03/08/2018 - D		 Agreement
(2018031600135006)		 XX XX XXXX XXX XXX XXXX XXXXXXXXX XXXX
03/29/2018 - R
03/08/2018 - D		 Mortgage
(2018031600135005)		 XX XX XXXX XXX XXX XXXX XXXXXXXXX XXXX
03/29/2018 - R
03/08/2018 - D		 Deed
(2018031600135001)		 XXX XXXX XXX XX XX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 259 55th 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
$26,292
Municipal exemptions
Recent tax assessments
Market value
$1,132,000
Assessed value
$509,400

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 $1,095,000 $492,750 $195,714 12.439% $24,345 $24,345 +7.47%
2024/25 $1,369,200 $616,140 $181,219 12.5% $22,652 $22,652 +2.16%
2023/24 $1,141,000 $513,450 $177,363 12.502% $22,174 $22,174 +2.94%
2022/23 $951,000 $427,950 $175,599 12.267% $21,541 $21,541 +8.28%
2021/22 $761,000 $342,450 $162,592 12.235% $19,893 $19,893 +7.72%
2020/21 $835,000 $375,750 $150,549 12.267% $18,468 $18,468 +6.21%
2019/20 $696,000 $313,200 $139,399 12.473% $17,387 $17,387 +1.05%
2018/19 $580,000 $261,000 $136,433 12.612% $17,207 $17,207 +0.15%
2017/18 $515,000 $231,750 $135,076 12.719% $17,180 $17,180 +6.55%
2016/17 $412,000 $185,400 $125,071 12.892% $16,124 $16,124 +8.07%
Permits

Permit information for 259 55th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/05/2009 Alteration type 2
09/18/2009 Alteration type 2
05/08/2001 Alteration type 2
09/29/1998 Alteration type 1
02/13/1992 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
12/31/2009 Lblvio-low pressure boiler
01/03/2008 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & 53rd St at SW Corner
Station lines
R
Distance (miles)
0.193
View subway map

Access the detailed traffic volume map for 259 55th 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 259 55th Street, Brooklyn, NY

241 55th St, Brooklyn 243 55th St, Brooklyn 270 54th St, Brooklyn 253 55th St, Brooklyn 247 55th St, Brooklyn 225 55th St, Brooklyn 261 55th St, Brooklyn 269 55th St, Brooklyn 5406 3rd Ave, Brooklyn 249 55th St, Brooklyn 239 55th St, Brooklyn 5402 3rd Ave, Brooklyn 233 55th St, Brooklyn 265 55th St, Brooklyn 267 55th St, Brooklyn 5410 3rd Ave, Brooklyn 227 55th St, Brooklyn 263 55th St, Brooklyn 5424 3rd Ave, Brooklyn

Nearby ZIP codes for 259 55th 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 259 55th Street, Brooklyn, NY 11220?

The development at 259 55th Street, Brooklyn, NY 11220 was built in 1931.

What is the total square footage of 259 55th Street, Brooklyn, NY 11220?

259 55th Street, Brooklyn, NY 11220 has a total of 8,160 square feet.

When was 259 55th Street, Brooklyn, NY 11220 last sold and what was the sale price?

259 55th Street, Brooklyn, NY 11220 was last sold on 03/08/2018 for $3,160,000.

What is the assessed value of 259 55th Street, Brooklyn, NY 11220?

259 55th Street, Brooklyn, NY 11220 is currently assessed at $509,400.

What are the property taxes for 259 55th Street, Brooklyn, NY 11220?

The property taxes for 259 55th Street, Brooklyn, NY 11220 total $26,292.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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