Kings  »  11215  »  3rd Ave  »  550 3rd Ave

550 3rd Avenue, Brooklyn, NY 11215 - Property report

Also known as: 119 14th St

Property image for 550 3rd Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1948

Lot sq. ft.

2,213

Sale price

$10

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
550 3rd Avenue
Alternate address(es)
119 14th St
121-125 14th St
548-550 3rd Ave
ZIP code
11215
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
01032-0040

Owner

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Building
Property type
Multi-Story Retail Building (2 or More) (K2)
Building sq. ft.
6,195
Building dimensions
29.5 ft x 75 ft
Buildings on lot
2
Stories
2
Year built
1948
Last altered
2011
Building material
Sales
Sale date
11/29/2012
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$35,997
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
29.5 ft x 75 ft
Lot sq. ft.
2,213

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.80 Miles
Closest fire station
0.38 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 550 3rd Avenue, Brooklyn, NY

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

Sales history for 550 3rd Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
11/29/2012 $10 XXXXXXX, XXXXX XXX XXXXXXX, XXXXX X X X. XXXX XXX XXXXXXXX XXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/12/2015 - R
04/21/2015 - D		 Deed
(2015050501061001)		 XXXXXXX XXXXX XXX XXXXX XXX XXXXX XXX
01/18/2013 - R
11/29/2012 - D		 Deed
(2012112900599001)		 X X X XXXX XXX XXXXXXXX XXXXX XXX XXXXXXX XXXXX
09/20/1996 - R Deed
(3520005351652)		 XXXXXXXX XXXXXXXXX XXXXXXX XXXX XXX XXXX XXX XXXXXXXX XXXXX XXX
10/20/1987 - R
09/14/1987 - D		 Deed
(3970001309397)		 XXX XXXXX XXXXXX XXXXXXXX XXXXXXXXX XXXX
05/28/1987 - R Deed
(3840001269084)		 XXXXXXX XXXXXX X XXX XXXXX XXXXXX
05/28/1987 - R Deed
(3830001269083)		 XXXXXXX XXXXXX XXX XXXXX XXXXXX
06/22/1987 - R
02/20/1987 - D		 Deed
(3400001275640)		 XXXXXXX XXXXXX XXX XXXXX XXXXXX
06/22/1987 - R
01/05/1987 - D		 Deed
(3390001275639)		 XXXXXXX XXXXXX XXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 550 3rd Avenue, Brooklyn, NY

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

Current property tax
Tax year
2025-2026
Property tax
$35,997
Municipal exemptions
Recent tax assessments
Market value
$883,000
Assessed value
$397,350

More about New York City property taxes

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 $830,000 $373,500 $304,020 10.848% $32,980 $32,980 +2.71%
2024/25 $734,000 $330,300 $298,350 10.762% $32,108 $32,108 +6.25%
2023/24 $634,000 $285,300 $285,300 10.592% $30,219 $30,219 +4.09%
2022/23 $606,000 $272,700 $272,700 10.646% $29,032 $29,032 +4.51%
2021/22 $574,000 $258,300 $258,300 10.755% $27,780 $27,780 -11.19%
2020/21 $767,000 $345,150 $292,500 10.694% $31,280 $31,280 +5.68%
2019/20 $686,000 $308,700 $280,891 10.537% $29,597 $29,597 +1.78%
2018/19 $621,000 $279,450 $276,571 10.514% $29,079 $29,079 +5.60%
2017/18 $594,000 $267,300 $261,901 10.514% $27,536 $27,536 +10.02%
2016/17 $582,000 $261,900 $236,701 10.574% $25,029 $25,029 +7.76%
Permits

Permit information for 550 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/22/2015 Alteration type 2
01/23/2015 Alteration type 2
11/27/2013 Alteration type 2
08/30/2013 Alteration type 2
01/21/2011 Place of assembly

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
4th Ave & Prospect Ave at SE Corner
Station lines
R
Distance (miles)
0.235
View subway map

Access the detailed traffic volume map for 550 3rd Avenue, Brooklyn, NY 11215 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 550 3rd Avenue, Brooklyn, NY

89 14th St, Brooklyn 534 3rd Ave, Brooklyn 120 13th St, Brooklyn 77 14th St, Brooklyn 165 2nd Ave, Brooklyn 173 2nd Ave, Brooklyn 109 14th St, Brooklyn 29 14th St, Brooklyn 93 14th St, Brooklyn 113 14th St, Brooklyn 126 13th St, Brooklyn 177 2nd Ave, Brooklyn 105 14th St, Brooklyn 99 14th St, Brooklyn 97 14th St, Brooklyn 542 3rd Ave, Brooklyn 117 14th St, Brooklyn 111 14th St, Brooklyn 101 14th St, Brooklyn 546 3rd Ave, Brooklyn

Nearby ZIP codes for 550 3rd Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 550 3rd Avenue, Brooklyn, NY 11215?

The development at 550 3rd Avenue, Brooklyn, NY 11215 was built in 1948.

What is the market value of 550 3rd Avenue, Brooklyn, NY 11215?

The current market value of 550 3rd Avenue, Brooklyn, NY 11215 is $883,000.

What is the total square footage of 550 3rd Avenue, Brooklyn, NY 11215?

550 3rd Avenue, Brooklyn, NY 11215 has a total of 6,195 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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