New York City  »  11215  »  4th Ave  »  559 4th Ave

559 4th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 127 16th St

Property image for 559 4th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

1,800

General information

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Address
Primary address
559 4th Avenue
Alternate address(es)
127 16th St
133-135 16th St
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01047-0001

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
5,352
Building dimensions
20 ft x 90 ft
Buildings on lot
2
Stories
3
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$19,177
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 90 ft
Lot sq. ft.
1,800

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.71 Miles
Closest fire station
0.46 Miles

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Ownership information for 559 4th Avenue, Brooklyn, NY

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

Sales history for 559 4th Avenue, Brooklyn, NY 11215

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/04/2022 - R
02/24/2022 - D
Tax Lien Sale Certificate
(2022030300017001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
01/18/1996 - R Satisfaction of Mortgage
(3270004997227)
XXX XXXXXX XXXXX XXXXXXXX XXXXXXX XXXX
01/18/1996 - R Assignment, Mortgage
(3620005042762)
XXX XXXXXX XXXX XXXXXXXXXX XXXX
01/18/1996 - R Mortgage
(3870005042587)
XXX XXXXXX XXXX XXXXXXXXXX XXXX
01/18/1996 - R Deed
(3550005042355)
XXX XXXXXX XXX XXXXXX XXXX
01/05/1996 - R Initial UCC1
(3180004982818)
XXX XXXXXX XXXX XXXXXXXXXX XXXXXXX XXXX
11/29/1985 - R Mortgage
(3510001128751)
XXX XXXXXX XXXXX XXXXXXXX XXXXXXX X
05/14/1985 - R
05/01/1985 - D
Deed
(3800001087680)
XXXXXXXXX XXXXX XXXX XXX XXXX
11/21/1984 - R Satisfaction of Mortgage
(3830001054083)
XXXX XXXXXXXX XXXXXXX XXXX
11/21/1984 - R Satisfaction of Mortgage
(3820001054082)
XXXX XXXXXXXX XXXXXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 559 4th 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
$19,177
Municipal exemptions
Recent tax assessments
Market value
$2,336,000
Assessed value
$1,051,200

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 $1,947,000 $876,150 $154,166 12.439% $19,177 $19,177 +7.47%
2024/25 $1,622,400 $730,080 $142,749 12.5% $17,844 $17,844 +3.20%
2023/24 $1,352,000 $608,400 $138,294 12.502% $17,290 $17,290 +10.06%
2022/23 $1,376,000 $619,200 $128,063 12.267% $15,709 $15,709 +8.27%
2021/22 $1,619,000 $728,550 $118,590 12.235% $14,509 $14,509 -0.26%
2020/21 $1,964,000 $883,800 $118,589 12.267% $14,547 $14,547 +6.21%
2019/20 $2,454,400 $1,104,480 $109,807 12.473% $13,696 $13,696 +2.08%
2018/19 $3,068,000 $1,380,600 $106,380 12.612% $13,417 $13,417 +7.08%
2017/18 $2,630,000 $1,183,500 $98,510 12.719% $12,529 $12,529 +6.54%
2016/17 $2,220,000 $999,000 $91,223 12.892% $11,760 $11,760 +0.07%

Permit information for 559 4th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/25/2009 Alteration type 2
06/30/2000 Alteration type 2
12/22/1995 Sign
12/22/1995 Sign
12/21/1995 Sign

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
03/03/2015 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
4th Ave & Prospect Ave at NE Corner
Station lines
R
Distance (miles)
0.071

Access the detailed traffic volume map for 559 4th 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

Frequently asked questions

What is the year built for 559 4th Avenue, Brooklyn, NY 11215?

The development at 559 4th Avenue, Brooklyn, NY 11215 was built in 1931.

What is the market value of 559 4th Avenue, Brooklyn, NY 11215?

The current market value of 559 4th Avenue, Brooklyn, NY 11215 is $2,336,000.

What is the total square footage of 559 4th Avenue, Brooklyn, NY 11215?

559 4th Avenue, Brooklyn, NY 11215 has a total of 5,352 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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