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722 56th Street, Brooklyn, NY 11220 Property Information

722 56th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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722 56th Street, Brooklyn, NY 11220 1
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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
Estimated property tax $44,276

Lot & Building Information for 722 56th Street, Brooklyn

Lot sqft 2,003
Lot dimensions 20 ft x 100.17 ft
Building class Office with Apartments Only (No Commercial) (O8)
Building sqft 5,606
Building dimensions 20 ft x 80 ft
Buildings on lot 1
Stories 3
Year built 1930
Year last altered 2017
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Zoning & Use for 722 56th Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 2
Commercial units 1
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 7
Closest police station 0.68 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

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 722 56th 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 722 56th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 722 56th Street, Brooklyn

How many sq. ft. does 722 56th Street, Brooklyn, NY 11220 have & what is the price per sq. ft?

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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Property owner name for 722 56th Street, Brooklyn, NY 11220
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Building contacts for 722 56th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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

Title Documents for 722 56th 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
11/04/2025 - D
11/17/2025 - R
Satisfaction of Mortgage
(2025111000688001)
10/16/2025 - R Initial UCC1
(2025101401245001)
10/10/2025 - D
10/15/2025 - R
Assignment of Leases and Rents
(2025101401063003)
10/10/2025 - D
10/15/2025 - R
Mortgage
(2025101401063002)
10/10/2025 - D
10/15/2025 - R
Deed
(2025101401063001)
03/27/2017 - D
03/27/2017 - R
Satisfaction of Mortgage
(2017032700356001)
02/28/2017 - D
03/01/2017 - R
Certificate
(2017022800577002)
02/24/2017 - D
03/08/2017 - R
Mortgage
(2017030300297001)
02/03/2017 - D
03/01/2017 - R
Zoning Lot Description
(2017022800577001)
04/26/2011 - D
05/05/2011 - R
Satisfaction of Mortgage
(2011042600017001)
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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.

Filing date Job type Job status Job description Initial cost
10/27/2021 Alteration
10/20/2021 Alteration
10/04/2021 Alteration
09/20/2021 Alteration
09/03/2021 Alteration
06/05/2021 Alteration
10/05/2020 Alteration
09/30/2020 Alteration type 2
12/28/2018 Alteration type 2
08/31/2018 Alteration
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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 Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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) 0.291
View subway map
Bus Routes
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
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