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720 55th Street, Brooklyn, NY 11220 Property Information

720 55th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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720 55th Street, Brooklyn, NY 11220 1
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Address

Primary address 720 55th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 00834-0013

Sales & Tax Overview for 720 55th Street, Brooklyn

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

Purchase date 07/11/2012
Purchase price $995,000
Tax class
Estimated property tax $29,139

Lot & Building Information for 720 55th Street, Brooklyn

Lot sqft 2,003
Lot dimensions 20 ft x 100.17 ft
Building class Elevator Apartment - Semi-Fireproof with Stores (D7) i
Building sqft 7,120
Building dimensions 20 ft x 55 ft
Buildings on lot 1
Stories 5
Year built 1950
Year last altered 2016
Construction type
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Zoning & Use for 720 55th Street, Brooklyn

Zoning
Residential units (DOF) 5
Commercial units 1
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.71 Miles
Closest fire station 0.33 Miles

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

Other Property Data for 720 55th 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 720 55th 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 720 55th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 720 55th Street, Brooklyn

How many square feet does 720 55th Street, Brooklyn, NY 11220 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 720 55th Street, Brooklyn, NY 11220 has a total of 7,120 square feet.

What is the year built & the current market value of 720 55th Street, Brooklyn, NY 11220?

720 55th Street, Brooklyn, NY 11220 was built in 1950 and has a current tax assessor's market value of $1,965,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 720 55th Street, Brooklyn

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Property owner name for 720 55th Street, Brooklyn, NY 11220
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Building contacts for 720 55th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 720 55th Street, Brooklyn

Create a free account to view the complete sales history for 720 55th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/11/2012 $995,000

Title Documents for 720 55th 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
12/08/2020 - D
12/14/2020 - R
Deed
(2020121001054001)
08/08/2017 - D
08/22/2017 - R
Deed
(2017082100622001)
07/11/2012 - D
08/02/2012 - R
Mortgage
(2012071701391001)
07/11/2012 - D
08/03/2012 - R
Deed
(2012071701372001)
03/15/2002 - D
06/10/2002 - R
Deed
(3360008708336)
05/03/1985 - R Agreement
(3880001085488)
05/09/1984 - R Deed
(3320001017632)
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R: Recorded date
D: Document date

Property Taxes for 720 55th Street, Brooklyn

Access detailed property tax data for 720 55th 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: $28,236
Estimated property tax: $29,139
Tax assessor's market value: $1,965,000
Assessed value: $884,250

Assessment History for 720 55th Street, Brooklyn

Here's the assessment & property tax history for 720 55th 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 $1,965,000 $884,250 $226,995 12.439% $28,236 $28,236 +7.47%
2024/25 $1,656,000 $745,200 $210,181 12.5% $26,273 $26,273 +7.98%
2023/24 $1,751,000 $787,950 $194,613 12.502% $24,331 $24,331 +10.07%
2022/23 $1,459,000 $656,550 $180,197 12.267% $22,105 $22,105 +0.26%
2021/22 $1,167,000 $525,150 $180,197 12.235% $22,047 $22,047 +2.93%

Permits for 720 55th Street, Brooklyn

The complete history of permits filed for 720 55th 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
01/21/2016 Alteration type 2
07/17/2015 Alteration type 2
06/01/2015 Alteration type 3
02/27/2014 Alteration type 1
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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) 0.339
View subway map
Bus Routes
Name 8 Av/55 St
Line B70
Distance (miles) 0.107

Neighbors for 720 55th Street, Brooklyn

Here are the neighbors for 720 55th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
5511 7th Ave, Brooklyn 5,040 10/26/2018 $3,100,000
5516 7th Ave, Brooklyn 1,856 07/02/2003 $405,600
732 55th St, Brooklyn 2,104 12/02/2024 $1,800,000
742 55th St, Brooklyn 2,104 01/05/2026
613 56th St, Brooklyn 4,680 11/13/2014
726 55th St, Brooklyn 2,200 11/18/1996
730 55th St, Brooklyn 2,200 07/28/1997
617 56th St, Brooklyn 4,680 08/21/2020 $1,270,000
716 55th St, Brooklyn 2,104 07/06/1989
722 55th St, Brooklyn 2,104 05/16/2008 $850,000
724 55th St, Brooklyn 2,104 10/22/2024 $1,700,000
736 55th St, Brooklyn 2,104 11/20/2002
5517 7th Ave, Brooklyn 5,200 01/16/2008
744 55th St, Brooklyn 2,200 04/26/2021 $1,780,000
714 55th St, Brooklyn 2,200 10/02/2021
5519 7th Ave, Brooklyn 5,322 12/09/2020
5523 7th Ave, Brooklyn 7,047 08/09/2004 $710,000
738 55th St, Brooklyn 2,104 01/25/2007 $935,000
746 55th St, Brooklyn 3,432 04/20/2021
5501 7th Ave, Brooklyn 12,212 12/31/2012 $3,850,000
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