Kings  »  11220  »  55th St  »  254 55th St

254 55th Street, Brooklyn, NY 11220 - Property report

Also known as: 254 55th St

Property image for 254 55th Street, Brooklyn, NY 11220
static Mapbox map

Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

2018

Lot sq. ft.

2,504

Sale price

$50,000

General information

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Address
Primary address
254 55th Street
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00829-0025

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
5,199
Building dimensions
25 ft x 52 ft
Buildings on lot
1
Stories
5
Year built
2018
Building material
Sales
Sale date
05/22/2014
Sale price
$50,000
Tax
Tax year
2026-2027
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
25 ft x 100.17 ft
Lot sq. ft.
2,504

Area overview

Walk score
79 /100.  Very Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
Community district
7
Closest police station
0.45 Miles
Closest fire station
0.27 Miles

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Ownership information for 254 55th Street, Brooklyn, NY

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

Sales history for 254 55th Street, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
05/22/2014 $50,000 XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXX XXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/10/2022 - R
12/22/2021 - D
Satisfaction of Mortgage
(2021123000663001)
XXXXXX XXXX XXXXXXX XXX XXXXXX XXXXXXX XXXXXXXX XXX
12/01/2021 - R UCC3 Amendment
(2021112300532002)
XXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXX XXX
02/22/2022 - R
06/23/2021 - D
Maps
(2022021801048001)
XXXXXX XXXX XXXXXXX XXXXXXXXXXX
06/29/2021 - R
06/23/2021 - D
Maps
(2021062301096002)
XXXXXX XXXX XXXXXXX XXXXXXXXXXX
06/29/2021 - R
06/09/2021 - D
Condo Declaration
(2021062301096001)
XXXXXX XXXX XXXXXXX XXX
05/19/2021 - R Initial UCC1
(2021051900309002)
XXXXXX XXXX XXXXXXX XXX XXXXXXXXX XXXXX
05/19/2021 - R Initial UCC1
(2021051900309001)
XXXXXX XXXX XXXXXXX XXX XXXXXXXXX XXXXX
05/18/2021 - R
04/28/2021 - D
Assignment, Mortgage
(2021051001508001)
XXXXXXXX XXXXXX XXX XXXXXX XXXXXXX XXXXXXXX XXX
10/23/2020 - R
09/23/2020 - D
Assignment of Leases and Rents
(2020101400753002)
XXXX XXXXXX XXX XXX XXXXXX XXXXX
10/23/2020 - R
09/23/2020 - D
Mortgage
(2020101400753001)
XXXX XXXXXX XXX XXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 254 55th Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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 $760,000 $342,000 $307,638 12.439% $38,267 $38,267 +7.47%
2024/25 $633,000 $284,850 $284,850 12.5% $35,606 $35,606 -15.16%
2023/24 $746,000 $335,700 $335,700 12.502% $41,969 $41,969 -11.10%
2022/23 $932,000 $419,400 $384,845 12.267% $47,209 $47,209 +12.76%
2021/22 $898,000 $404,100 $342,171 12.235% $41,865 $41,865 +24.22%
2020/21 $772,000 $347,400 $274,742 12.267% $33,703 $33,703 +4690.01%
2019/20 $100,000 $45,000 $5,641 12.473% $704 $704 -35.60%
2018/19 $239,000 $14,340 $5,223 20.919% $1,093 $1,093 +2.62%
2017/18 $299,000 $17,940 $5,223 20.385% $1,065 $1,065 +3.10%
2016/17 $290,000 $17,400 $5,166 19.991% $1,033 $1,033 +8.34%

Permit information for 254 55th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/12/2020 Subdivision: condo
05/12/2020 Subdivision: condo
03/14/2019 Alteration
02/26/2019 Alteration
02/21/2019 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
04/03/2019 Aeuhaz1-fail to certify class 1
04/03/2019 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Frequently asked questions

What is the year built for 254 55th Street, Brooklyn, NY 11220?

The development at 254 55th Street, Brooklyn, NY 11220 was built in 2018.

What is the total square footage of 254 55th Street, Brooklyn, NY 11220?

254 55th Street, Brooklyn, NY 11220 has a total of 5,199 square feet.

When was 254 55th Street, Brooklyn, NY 11220 last sold and what was the sale price?

254 55th Street, Brooklyn, NY 11220 was last sold on 05/22/2014 for $50,000.

How many residential units does this building have?

This building has 8 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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