Kings  »  11220  »  54th St  »  702 54th St

702 54th Street, Brooklyn, NY 11220 - Property report

Also known as: 702 54th St

Property image for 702 54th Street, Brooklyn, NY 11220
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Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1911

Lot sq. ft.

10,000

Sale price

$6,800,000

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
702 54th Street
Alternate address(es)
5401-5411 7th Ave
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00826-0005

Owner

Find out who owns 702 54th Street, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
31,926
Building dimensions
100 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1911
Building material
Sales
Sale date
02/16/2021
Sale price
$6,800,000
Tax
Tax year
2026-2027
Property tax
$44,780
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
39
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 100 ft
Lot sq. ft.
10,000

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
0.72 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 702 54th 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 702 54th Street, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
02/16/2021 $6,800,000 XXX XXXXX XXX XXX XX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/03/2026 - R
07/09/2026 - D		 Partial Release of Mortgage
(2026073100059001)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
02/06/2026 - R UCC3 Continuation
(2026020500996001)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
06/15/2023 - R
02/14/2023 - D		 Termination of Assign of L&R
(2023061200959001)		 XXXXXXXXXX XXXX XXXX XXXXX XXX
06/16/2023 - R
02/09/2023 - D		 Sundry Agreement
(2023061400729001)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
02/23/2021 - R Initial UCC1
(2021022201213001)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
03/22/2021 - R
02/16/2021 - D		 Assignment of Leases and Rents
(2021031601183002)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
03/22/2021 - R
02/16/2021 - D		 Mortgage
(2021031601183001)		 XXXX XXXXX XXX XXXXXXXXXX XXXX
02/26/2021 - R
02/16/2021 - D		 Deed
(2021022201130002)		 XXX XX XXXXXX XXX XXX XXXXX XXX
02/26/2021 - R
02/05/2021 - D		 Deed
(2021022201130001)		 XXXXXXXX XXXXXX X XXX XX XXXXXX XXX
01/28/2003 - R
12/05/2002 - D		 Deed, Other
(2003012200923001)		 XXXXXXXX XXXXXX X XXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 702 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
$44,780
Municipal exemptions
Recent tax assessments
Market value
$800,000
Assessed value
$360,000

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 $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%
2020/21 $1,408,000 $633,600 $567,360 12.267% $69,598 $69,598 +4.11%
2019/20 $1,289,000 $580,050 $535,950 12.473% $66,849 $66,849 +3.58%
2018/19 $1,281,000 $576,450 $511,740 12.612% $64,541 $64,541 +6.54%
2017/18 $1,155,000 $519,750 $476,280 12.719% $60,578 $60,578 +8.86%
2016/17 $1,171,000 $526,950 $431,640 12.892% $55,647 $55,647 +13.62%
Permits

Permit information for 702 54th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/27/2026 Alteration
08/24/2026 Alteration CO
08/24/2026 Alteration
07/02/2026 Alteration CO
06/29/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/23/2024 Lblvio-low pressure boiler boiler required
12/01/2023 Egrade-failure to post energy grade/score none

*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

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)
0.392
View subway map

Access the detailed traffic volume map for 702 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 702 54th Street, Brooklyn, NY

726 54th St, Brooklyn 5319 6th Ave, Brooklyn 617 55th St, Brooklyn 716 54th St, Brooklyn 722 54th St, Brooklyn 621 55th St, Brooklyn 623 55th St, Brooklyn 627 55th St, Brooklyn 724 54th St, Brooklyn 615 55th St, Brooklyn 712 54th St, Brooklyn 714 54th St, Brooklyn 720 54th St, Brooklyn 5413 7th Ave, Brooklyn 734 54th St, Brooklyn 736 54th St, Brooklyn 613 55th St, Brooklyn 625 55th St, Brooklyn 730 54th St, Brooklyn 631 55th St, Brooklyn

Nearby ZIP codes for 702 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 702 54th Street, Brooklyn, NY 11220?

The development at 702 54th Street, Brooklyn, NY 11220 was built in 1911.

What is the market value of 702 54th Street, Brooklyn, NY 11220?

The current market value of 702 54th Street, Brooklyn, NY 11220 is $800,000.

What is the total square footage of 702 54th Street, Brooklyn, NY 11220?

702 54th Street, Brooklyn, NY 11220 has a total of 31,926 square feet.

What is the price per square foot for this property?

$212 per square foot is the price for 702 54th Street, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

Disclaimer

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