| Primary address | 724 55th Street |
| Neighborhood | Sunset Park |
| Zip code | 11220 |
| Borough | Brooklyn |
| Block & lot | 00834-0015 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 10/22/2024 |
| Purchase price | $1,700,000 |
| Tax class | Register |
| Estimated property tax | $9,193 |
| Lot sq. ft. | 2,003 |
| Lot dimensions | |
| Property type | Two Family Brick (B1)
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| Building sqft | 2,104 |
| Building dimensions | |
| Buildings on lot | 1 |
| Stories | 2 |
| Structure type | Row |
| Building material | Brick |
| Exterior wall | Brick/masonry |
| Basement type | Full |
| Garage type | Basement garage |
| Year built | 1950 |
| Frontage(s) | 55 Street (narrow) |
| Nearest wide street | 7 Avenue |
| Distance to wide street | Register |
| School district | 20 |
| Community district | 7 |
| Closest police station | 0.71 Miles |
| Closest fire station | 0.34 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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724 55th Street, Brooklyn, NY 11220 was built in 1950 and has a total of 2,104 square feet.
What is the assessed value of 724 55th Street, Brooklyn, NY 11220 and the property tax paid?Assessed at $107,760, the tax amount paid for 724 55th Street, Brooklyn, NY 11220 is $8,673. For the next year, the tax amount for 724 55th Street, Brooklyn, NY 11220 is estimated at $9,193.
When was 724 55th Street, Brooklyn, NY 11220 last sold and what was the last sale price?724 55th Street, Brooklyn, NY 11220 was last sold in 10/22/2024 for $1,700,000.
How many residential units does this building have?This building has 2 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 724 55th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 724 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: | $8,674 |
| Estimated property tax: | $9,193 |
| Tax assessor's market value: | $1,796,000 |
| Assessed value: | $107,760 |
Here's the assessment & property tax history for 724 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 | $1,796,000 | $107,760 | $43,712 | 19.843% | $8,674 | $8,674 | -1.20% |
| 2024/25 | $2,113,000 | $126,780 | $43,712 | 20.085% | $8,780 | $8,780 | +0.76% |
| 2023/24 | $1,951,000 | $117,060 | $43,382 | 20.085% | $8,713 | $8,713 | +4.83% |
| 2022/23 | $1,749,000 | $104,940 | $40,927 | 20.309% | $8,312 | $8,312 | +7.83% |
| 2021/22 | $1,669,000 | $100,140 | $38,611 | 19.963% | $7,708 | $7,708 | +0.55% |
The complete history of permits filed for 724 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.
Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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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) | 0.336 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 8 Av/55 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| P.S. 105 The Blythebourne | 8 | Yes | Public | K-5 | 1,200 | 0.48 |
| Our Lady Of Perpetual Help Elementary School | NR | No | Private | PK-8 | 214 | 0.30 |
| Our Lady Of Perpetual Help Elementary School | NR | No | Private | PK-8 | 214 | 0.30 |
| P.S. 94 The Henry Longfellow | 4 | No | Public | K-5 | 970 | 0.32 |
| LEEP Dual Language Academy Charter School | 7 | No | Charter | K-3 | 387 | 0.33 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Jhs 220 John J Pershing | 7 | Yes | Public | 6-8 | 1,229 | 0.41 |
| Our Lady Of Perpetual Help Elementary School | NR | No | Private | PK-8 | 214 | 0.30 |
| Saint Agatha School | NR | No | Private | PK, K-8 | 193 | 0.36 |
| Bay Ridge Christian Academy | NR | No | Private | PK-8 | 99 | 0.42 |
| Bais Chaya Esther | NR | No | Private | PK-11 | 207 | 0.44 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Bais Chaya Esther | NR | No | Private | PK-11 | 207 | 0.44 |
| Yeshiva & Mesivta V'yoel Moshe | NR | No | Private | 9-12 | 702 | 0.46 |
| Zichron Yehuda-Bais Simcha | NR | No | Private | 0 | 0.51 | |
| Congregation Biz Dushinsky | NR | No | Private | 60 | 0.56 | |
| Yeshiva Tiferes Shmiel d'ALEKSANDER | NR | No | Private | 9-12 | 177 | 0.65 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 724 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 | |
| 726 55th St, Brooklyn | 2,200 | 01/20/2026 | |
| 730 55th St, Brooklyn | 2,200 | 07/28/1997 | |
| 720 55th St, Brooklyn | 7,120 | 12/08/2020 | |
| 716 55th St, Brooklyn | 2,104 | 07/06/1989 | |
| 736 55th St, Brooklyn | 2,104 | 11/20/2002 | |
| 722 55th St, Brooklyn | 2,104 | 05/16/2008 | $850,000 |
| 5517 7th Ave, Brooklyn | 5,200 | 01/16/2008 | |
| 744 55th St, Brooklyn | 2,200 | 04/26/2021 | $1,780,000 |
| 750 55th St, Brooklyn | 3,432 | 11/19/2022 | |
| 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 | |
| 748 55th St, Brooklyn | 3,432 | 03/11/1993 | |
| 5501 7th Ave, Brooklyn | 12,212 | 12/31/2012 | $3,850,000 |
