722 56th Street, Brooklyn, NY 11220 Property Information
722 56th Street, Brooklyn, NY 11220 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 722 56th Street |
| Neighborhood | Sunset Park |
| Zip code | 11220 |
| Borough | Brooklyn |
| Block & lot | 00842-0015 |
Sales & Tax Overview for 722 56th Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 10/10/2025 |
| Purchase price | $2,800,000 |
| Tax class | Register |
| Estimated property tax | $44,276 |
Lot & Building Information for 722 56th Street, Brooklyn
| Lot sqft | 2,003 |
| Lot dimensions | |
| Building class | Office with Apartments Only (No Commercial) (O8)
|
| Building sqft | 5,606 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1930 |
| Year last altered | 2017 |
Area Overview
| School district | 20 |
| Community district | 7 |
| Closest police station | 0.68 Miles |
| Closest fire station | 0.35 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 722 56th Street, Brooklyn
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About 722 56th Street, Brooklyn
This Office with Apartments Only (No Commercial) (O8) located at 722 56th Street, Brooklyn, NY 11220 has a total of 5,606 square feet and a current price per square foot of $499.
What is the year built & the current market value of 722 56th Street, Brooklyn, NY 11220?722 56th Street, Brooklyn, NY 11220 was built in 1930 and has a current tax assessor's market value of $948,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 722 56th Street, Brooklyn
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Past Sales & Property History for 722 56th Street, Brooklyn
Create a free account to view the complete sales history for 722 56th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 10/10/2025 | $2,800,000 | Register | Register |
Title Documents for 722 56th Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 722 56th Street, Brooklyn
Access detailed property tax data for 722 56th 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: | $46,278 |
| Estimated property tax: | $44,276 |
| Tax assessor's market value: | $948,000 |
| Assessed value: | $426,600 |
Assessment History for 722 56th Street, Brooklyn
Here's the assessment & property tax history for 722 56th 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 | $948,000 | $426,600 | $426,600 | 10.848% | $46,278 | $46,278 | +29.36% |
| 2024/25 | $941,000 | $423,450 | $332,408 | 10.762% | $45,572 | $35,774 | -16.88% |
| 2023/24 | $903,000 | $406,350 | $406,350 | 10.592% | $43,041 | $43,041 | +24.06% |
| 2022/23 | $1,074,000 | $483,300 | $325,890 | 10.646% | $44,197 | $34,694 | +56.77% |
| 2021/22 | $767,000 | $345,150 | $205,776 | 10.755% | $28,193 | $22,131 | -8.73% |
Permits for 722 56th Street, Brooklyn
The complete history of permits filed for 722 56th 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) | 0.291 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 8 Av/55 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.113 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 722 56th Street, Brooklyn
Here are the neighbors for 722 56th Street, Brooklyn, NY 11220.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 728 56th St, Brooklyn | 1,920 | 09/28/1987 | |
| 5601 7th Ave, Brooklyn | 4,334 | 01/12/2021 | $3,450,000 |
| 5613 7th Ave, Brooklyn | 3,600 | 09/26/1977 | |
| 736 56th St, Brooklyn | 2,072 | 07/22/2021 | $1,790,000 |
| 732 56th St, Brooklyn | 1,920 | 11/25/1980 | |
| 714 56th St, Brooklyn | 10,280 | 12/05/2024 | $1,940,000 |
| 5611 7th Ave, Brooklyn | 4,600 | 09/28/2007 | $1,300,000 |
| 742 56th St, Brooklyn | 3,291 | 08/30/2001 | |
| 746 56th St, Brooklyn | 3,291 | 05/12/2007 | |
| 712 56th St, Brooklyn | 2,220 | 12/11/2000 | |
| 5603 7th Ave, Brooklyn | 3,000 | 11/01/2005 | |
| 724 56th St, Brooklyn | 1,920 | 04/17/2025 | |
| 726 56th St, Brooklyn | 4,002 | 06/26/2014 | $860,000 |
| 744 56th St, Brooklyn | 3,291 | 05/30/2019 | |
| 734 56th St, Brooklyn | 1,920 | 01/31/2008 | $745,000 |
| 720 56th St, Brooklyn | 1,920 | 12/27/2000 | |
| 740 56th St, Brooklyn | 3,291 | 06/22/2021 | |
| 5605 7th Ave, Brooklyn | 3,000 | 01/06/1981 | |
| 5609 7th Ave, Brooklyn | 3,600 | 09/26/2016 | |
| 5615 7th Ave, Brooklyn | 6,871 | 01/18/2013 | $1,600,000 |