702 54th Street, Brooklyn, NY 11220 Property Information
702 54th Street, Brooklyn, NY 11220 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
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 | Register |
| Estimated property tax | $44,780 |
Lot & Building Information for 702 54th Street, Brooklyn
Area Overview
| 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
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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
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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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 | Register | Register |
Title Documents for 702 54th Street, Brooklyn
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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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 8th Ave & 62nd St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.392 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |