New York City  »  11215  »  1st St  »  557 1st St

557 1st Street, Brooklyn, NY 11215 - Property report

Also known as: 557 1st St

Property image for 557 1st Street, Brooklyn, NY 11215
static Mapbox map

Property type

City Residence One Family (A4)

Year built

1901

Lot sq. ft.

2,100

General information

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Address
Primary address
557 1st Street
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01075-0050

Owner

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Building
Property type
City Residence One Family (A4)
Building sq. ft.
4,738
Building dimensions
21 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1901
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Tax
Tax year
2026-2027
Property tax
$18,298
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
1 Street (narrow)
Nearest wide street
Prospect Park West
Distance to wide street
Lot dimensions
21 ft x 100 ft
Lot sq. ft.
2,100

Area overview

Walk score
81 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.73 Miles
Closest fire station
0.34 Miles

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

Ownership information for 557 1st Street, Brooklyn, NY

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

Sales history for 557 1st Street, 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
01/12/2017 - R
12/20/2016 - D
Agreement
(2017010900494003)
XXXXXX XXXXXXX XXXXXXXX X X
01/12/2017 - R
12/20/2016 - D
Mortgage
(2017010900494002)
XXXXXX XXXXXXX XXXXXXXX X X
01/12/2017 - R
10/04/2016 - D
Assignment, Mortgage
(2017010900494001)
XXX XXXX XXXXXXXX XXXXX XXX XXXXXXXX X X
12/01/2006 - R
11/09/2006 - D
Agreement
(2006111700514002)
XXXXXX XXXXXXX XXXXXXXX XX
12/01/2006 - R
11/09/2006 - D
Mortgage
(2006111700514001)
XXXXXX XXXXXXX XXXXXXXX XX
03/22/2004 - R
01/07/2004 - D
Satisfaction of Mortgage
(2004011200237001)
XXXXXX XXXXXXX XXXXXXXX XX
09/05/2003 - R Satisfaction of Mortgage
(2003060601363001)
XXXXXX XXXXXXX X XXX XXXXX XXXXXXXXX XXXX
10/30/2003 - R
09/03/2003 - D
Mortgage
(2003091201698001)
XXXXXX X X X XXXXXXX X XXXXXXXX XX
02/09/2004 - R
05/02/2003 - D
Agreement
(2003120800675001)
XXXXXX XXXXXXX XXX XXXX XXXXXXXX XXXXX XXX
02/09/2004 - R
02/20/2003 - D
Assignment, Mortgage
(2003120800675002)
XXXXXXXX XXXXXXXX XXXXXXX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 557 1st Street, 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
$18,298
Municipal exemptions
Recent tax assessments
Market value
$7,131,000
Assessed value
$427,860

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 $5,423,000 $325,380 $86,998 19.843% $17,263 $17,263 +4.66%
2024/25 $5,929,000 $355,740 $82,120 20.085% $16,494 $16,494 +0.70%
2023/24 $6,273,000 $376,380 $81,548 20.085% $16,379 $16,379 +4.79%
2022/23 $5,134,000 $308,040 $76,964 20.309% $15,631 $15,631 +1.89%
2021/22 $5,631,000 $337,860 $76,843 19.963% $15,340 $15,340 +0.54%
2020/21 $5,433,000 $325,980 $72,498 21.045% $15,257 $15,257 +5.33%
2019/20 $5,421,000 $325,260 $68,433 21.167% $14,485 $14,485 +1.89%
2018/19 $5,580,000 $334,800 $67,957 20.919% $14,216 $14,216 +8.73%
2017/18 $4,827,000 $289,620 $64,137 20.385% $13,074 $13,074 +2.13%
2016/17 $4,632,000 $277,920 $64,036 19.991% $12,801 $12,801 +8.36%

Permit information for 557 1st Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/29/2003 Alteration type 2
07/22/1996 Alteration type 1
06/19/1996 Alteration type 1
04/03/1996 Alteration type 1
12/18/1995 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Park Slope residential market stats

Access a detailed real estate market overview of Park Slope so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Park Slope and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,619,646

12.4% Y-o-Y

Median price/sq. ft.

$1,514

6.4% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
-

Subway & traffic

Closest station
Flatbush Ave & Plaza Street West at SW Corner
Station lines
2-3
Distance (miles)
0.364

Access the detailed traffic volume map for 557 1st Street, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 321 William Penn 9 Yes Public K-5 1,216 0.28
Poly Prep Lower School NR No Private PK-4 240 0.04
Poly Prep Lower School NR No Private PK-4 240 0.04
Poly Prep Lower School NR No Private 0 0.07
The Montessori School of New York - Brooklyn NR No Private PK, K-6 0 0.17
The Montessori School of New York - Brooklyn NR No Private PK, K-6 0 0.17
P.S. 39 Henry Bristow 9 No Public K-5 344 0.50
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Poly Prep Lower School NR No Private 0 0.07
Park Slope Collegiate 4 No Public 6-12 577 0.27
Saint Saviour Catholic Academy NR No Private PK, K-8 370 0.32
St Francis Xavier School NR No Private PK-8 175 0.34
Berkeley Carroll Elementary School NR No Private PK-12 940 0.36
Berkeley Carroll School NR No Private PK-12 977 0.38
Is 340 7 No Public 6-8 150 0.47
Ms 51 William Alexander 7 No Public 6-8 1,026 0.59
P.S. 77 NR No Public K-12 304 0.61
Ms 266 Park Place Community Middle School 4 No Public 6-8 69 0.61
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Poly Prep Lower School NR No Private 0 0.07
Millennium Brooklyn High School 10 No Public 9-12 721 0.27
Park Slope Collegiate 4 No Public 6-12 577 0.27
John Jay School for Law 3 No Public 9-12 461 0.27
Cyberarts Studio Academy 2 No Public 9-12 298 0.27
St Saviour High School NR No Private 9-12 400 0.28
Berkeley Carroll Elementary School NR No Private PK-12 940 0.36
Berkeley Carroll School NR No Private PK-12 977 0.38
P.S. 77 NR No Public K-12 304 0.61
Clara Barton High School 2 No Public 9-12 1,178 0.62

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 557 1st Street, Brooklyn, NY 11215?

The development at 557 1st Street, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 557 1st Street, Brooklyn, NY 11215?

557 1st Street, Brooklyn, NY 11215 has a total of 4,738 square feet.

What is the assessed value of 557 1st Street, Brooklyn, NY 11215?

557 1st Street, Brooklyn, NY 11215 is currently assessed at $427,860.

What are the property taxes for 557 1st Street, Brooklyn, NY 11215?

The property taxes for 557 1st Street, Brooklyn, NY 11215 total $18,297.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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