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702 54th Street, Brooklyn, NY 11220 Property Information

702 54th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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702 54th Street, Brooklyn, NY 11220 1
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Address

Primary address 702 54th Street
Secondary address 5401-5411 7th Ave
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00826-0005

Sales & Tax Overview for 702 54th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 02/16/2021
Purchase price $6,800,000
Tax class
Estimated property tax $44,780

Lot & Building Information for 702 54th Street, Brooklyn

Lot sqft 10,000
Lot dimensions 100 ft x 100 ft
Building class Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 31,926
Building dimensions 100 ft x 90 ft
Buildings on lot 1
Stories 4
Year built 1911
Construction type
Status
Status date
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Zoning & Use for 702 54th Street, Brooklyn

Zoning
Residential units (DOF) 39
Regulated units
Commercial units 6
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.72 Miles
Closest fire station 0.29 Miles

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

Other Property Data for 702 54th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 702 54th 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 702 54th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 5401-5411 7th Ave, Brooklyn, NY 11220

About 702 54th Street, Brooklyn

How many sq. ft. does 702 54th Street, Brooklyn, NY 11220 have & what is the price per sq. ft?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 702 54th Street, Brooklyn, NY 11220 has a total of 31,926 square feet and a current price per square foot of $212.

What is the year built & the current market value of 702 54th Street, Brooklyn, NY 11220?

702 54th Street, Brooklyn, NY 11220 was built in 1911 and has a current tax assessor's market value of $800,000.

How many commercial spaces does this building have?

This building has 6 commercial spaces available for lease.

Ownership Information for 702 54th Street, Brooklyn

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Property owner name for 702 54th Street, Brooklyn, NY 11220
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Building contacts for 702 54th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
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Past Sales & Property History for 702 54th Street, Brooklyn

Create a free account to view the complete sales history for 702 54th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/16/2021 $6,800,000

Title Documents for 702 54th 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
02/06/2026 - R UCC3 Continuation
(2026020500996001)
02/14/2023 - D
06/15/2023 - R
Termination of Assign of L&R
(2023061200959001)
02/09/2023 - D
06/16/2023 - R
Sundry Agreement
(2023061400729001)
02/23/2021 - R Initial UCC1
(2021022201213001)
02/16/2021 - D
03/22/2021 - R
Assignment of Leases and Rents
(2021031601183002)
02/16/2021 - D
03/22/2021 - R
Mortgage
(2021031601183001)
02/16/2021 - D
02/26/2021 - R
Deed
(2021022201130002)
02/05/2021 - D
02/26/2021 - R
Deed
(2021022201130001)
12/05/2002 - D
01/28/2003 - R
Deed, Other
(2003012200923001)
04/30/2001 - D
05/31/2001 - R
Deed
(3240007675524)
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R: Recorded date
D: Document date

Property Taxes for 702 54th Street, Brooklyn

Access detailed property tax data for 702 54th 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: $43,579
Estimated property tax: $44,780
Tax assessor's market value: $800,000
Assessed value: $360,000

Assessment History for 702 54th Street, Brooklyn

Here's the assessment & property tax history for 702 54th 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 $800,000 $360,000 $350,340 12.439% $43,579 $43,579 +0.11%
2024/25 $800,000 $360,000 $348,232 12.5% $43,529 $43,529 -43.48%
2023/24 $1,456,000 $655,200 $616,050 12.502% $77,019 $77,019 +4.59%
2022/23 $1,460,000 $657,000 $600,300 12.267% $73,639 $73,639 +8.56%
2021/22 $1,232,000 $554,400 $554,400 12.235% $67,831 $67,831 -2.54%

Permits for 702 54th Street, Brooklyn

The complete history of permits filed for 702 54th 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
01/07/2026 Alteration CO
09/26/2025 Alteration
09/17/2025 Alteration
09/03/2025 Alteration CO
05/31/2024 Alteration CO
10/15/2023 Alteration
09/14/2022 Alteration
05/05/2022 Alteration
06/18/2019 Alteration type 2
05/29/2019 Alteration type 3
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 8th Ave & 62nd St at NW Corner
Station lines N
Distance (miles) 0.392
View subway map
Bus Routes
Name 8 Av/55 St
Line B70
Distance (miles) 0.136

Neighbors for 702 54th Street, Brooklyn

Here are the neighbors for 702 54th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
726 54th St, Brooklyn 1,688 02/20/2020 $980,000
5319 6th Ave, Brooklyn 10,460 06/13/2017 $45,839,605
617 55th St, Brooklyn 3,312 03/16/2007 $769,589
716 54th St, Brooklyn 2,000 10/10/2007 $600,000
722 54th St, Brooklyn 2,000 11/03/2004
621 55th St, Brooklyn 3,312 12/05/2023
623 55th St, Brooklyn 3,312 09/05/2024
627 55th St, Brooklyn 3,312 08/01/2005 $742,000
724 54th St, Brooklyn 1,688 06/11/2019 $1,138,000
615 55th St, Brooklyn 3,312 07/13/2023 $1,600,000
712 54th St, Brooklyn 1,176 11/08/2023
714 54th St, Brooklyn 1,176 04/28/2014
720 54th St, Brooklyn 2,000 04/19/2019 $950,000
5413 7th Ave, Brooklyn 22,236 03/14/2025
734 54th St, Brooklyn 2,240 09/01/2017
736 54th St, Brooklyn 2,240 08/03/2001
613 55th St, Brooklyn 3,312 03/07/1981
625 55th St, Brooklyn 3,392 06/02/2025
730 54th St, Brooklyn 1,172 10/11/2013 $738,000
631 55th St, Brooklyn 3,312 07/07/2003
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