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557 5th Avenue, Brooklyn, NY 11215 Property Information

557 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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557 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 557 5th Avenue
Secondary address 216-220 15th St
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01048-0010

Sales & Tax Overview for 557 5th Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/15/2025
Purchase price $2,900,000
Tax class
Estimated property tax $49,284

Lot & Building Information for 557 5th Avenue, Brooklyn

Lot sqft 1,740
Lot dimensions 20 ft x 87 ft
Building class Predominant Retail with Other Uses (K4)
Building sqft 4,890
Building dimensions 20 ft x 70 ft
Buildings on lot 2
Stories 3
Year built 1925
Construction type
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Zoning & Use for 557 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 6
Commercial units 4
Residential sqft
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.77 Miles
Closest fire station 0.38 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 557 5th Avenue, 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 557 5th Avenue, Brooklyn, NY 11215, 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 557 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 216-220 15th St, Brooklyn, NY 11215
  • 222 15th St, Brooklyn, NY 11215

About 557 5th Avenue, Brooklyn

How many sq. ft. does 557 5th Avenue, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 557 5th Avenue, Brooklyn, NY 11215 has a total of 4,890 square feet and a current price per square foot of $593.

What is the year built & the current market value of 557 5th Avenue, Brooklyn, NY 11215?

557 5th Avenue, Brooklyn, NY 11215 was built in 1925 and has a current tax assessor's market value of $1,077,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease.

Ownership Information for 557 5th Avenue, Brooklyn

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Property owner name for 557 5th Avenue, Brooklyn, NY 11215
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Building contacts for 557 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 557 5th Avenue, Brooklyn

Create a free account to view the complete sales history for 557 5th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/15/2025 $2,900,000

Title Documents for 557 5th Avenue, 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
11/13/2025 - D
12/04/2025 - R
Asgn of Asgn of L&R
(2025120101058002)
11/13/2025 - D
12/04/2025 - R
Assignment, Mortgage
(2025120101058001)
08/25/2025 - R Initial UCC1
(2025082000266006)
08/15/2025 - D
08/25/2025 - R
Asgn of Asgn of L&R
(2025082000266005)
08/15/2025 - D
08/25/2025 - R
Assignment, Mortgage
(2025082000266004)
08/15/2025 - D
08/25/2025 - R
Assignment of Leases and Rents
(2025082000266003)
08/15/2025 - D
08/25/2025 - R
Mortgage
(2025082000266002)
08/15/2025 - D
08/25/2025 - R
Deed
(2025082000266001)
11/16/2020 - R UCC3 Termination
(2020102901129003)
10/29/2020 - D
11/16/2020 - R
Termination of Assign of L&R
(2020102901129002)
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R: Recorded date
D: Document date

Property Taxes for 557 5th Avenue, Brooklyn

Access detailed property tax data for 557 5th Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $46,990
Estimated property tax: $49,284
Tax assessor's market value: $1,077,000
Assessed value: $484,650

Assessment History for 557 5th Avenue, Brooklyn

Here's the assessment & property tax history for 557 5th Avenue, 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 $1,077,000 $484,650 $433,170 10.848% $46,990 $46,990 +1.92%
2024/25 $952,000 $428,400 $428,400 10.762% $46,104 $46,104 -1.90%
2023/24 $986,000 $443,700 $443,700 10.592% $46,997 $46,997 +4.03%
2022/23 $943,000 $424,350 $424,350 10.646% $45,176 $45,176 +9.17%
2021/22 $855,000 $384,750 $384,750 10.755% $41,380 $41,380 -19.76%

Permits for 557 5th Avenue, Brooklyn

The complete history of permits filed for 557 5th Avenue, 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
10/11/2025 Alteration
10/10/2025 Alteration
10/01/2025 Alteration
10/01/2025 Alteration
09/17/2025 Alteration
09/15/2025 Alteration
05/25/2016 Alteration type 2
01/25/2011 Alteration type 2
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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 4th Ave & Prospect Ave at NE Corner
Station lines R
Distance (miles) 0.189
View subway map
Bus Routes
Name 5 Av/15 St
Line B63
Distance (miles) 0.025

Neighbors for 557 5th Avenue, Brooklyn

Here are the neighbors for 557 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
246 15th St, Brooklyn 7,348 11/04/2020
565 5th Ave, Brooklyn 5,220 07/28/1999
141 16th St, Brooklyn 2,400 11/09/1994
563 5th Ave, Brooklyn 2,697 09/28/2007
137 16th St, Brooklyn 2,400 02/26/1991
139 16th St, Brooklyn 2,400 08/22/2019 $2,273,912
145 16th St, Brooklyn 2,736 05/29/1987
147 16th St, Brooklyn 2,736 03/18/2019 $3,220,000
236 15th St, Brooklyn 3,330 11/26/1979
250 15th St, Brooklyn 1,380 12/22/2023
260 15th St, Brooklyn 2,168 02/06/2026 $2,900,000
252 15th St, Brooklyn 2,384 04/20/2018
248 15th St, Brooklyn 1,891 01/04/2001
562 A 5th Ave, Brooklyn 1,275 09/19/2017
143 16th St, Brooklyn 2,736 03/25/2026
244 15th St, Brooklyn 7,320 12/02/2000
238 15th St, Brooklyn 4,500 12/01/1983
240 15th St, Brooklyn 11/22/1994
254 15th St, Brooklyn 2,500 05/28/1986
559 5th Ave, Brooklyn 1,535 11/26/1975
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