New York City » 11215 » 1st St » 553 1st St

553 1st Street, Brooklyn, NY 11215 - Property report

Also known as: 553 1st St

Property image for 553 1st Street, Brooklyn, NY 11215

Property type

Two Family Converted from One Family (B3)

Year built

1901

Lot sq. ft.

2,092

Sale price

$4,550,000

General information

Address

Primary address

553 1st Street

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

01075-0052

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

4,894

Building dimensions

20.92 ft x 50 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

06/26/2019

Sale price

$4,550,000

Tax

Tax year

2026-2027

Property tax

$18,718

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

1 Street (narrow)

Nearest wide street

Prospect Park West

Distance to wide street

Lot dimensions

20.92 ft x 100 ft

Lot sq. ft.

2,092

Area overview

Walk score

81 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.72 Miles

Closest fire station

0.33 Miles

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

Ownership

Ownership information for 553 1st Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 553 1st Street, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
06/26/2019	$4,550,000	XXX XXXXX XXXXXX XXXXXX XXXXXXX, XXX	XXXXX, XXXXXX XXX XXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/19/2024 - R 01/10/2024 - D	Assignment, Mortgage (2024011701012001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/05/2020 - R 09/14/2020 - D	Agreement (2020092400636001)	XXX XXXXX XXXXXX XXXXXX XXXXXXX XXX	XXXXX XXXXXXXX XXXX
07/25/2019 - R 07/22/2019 - D	Satisfaction of Mortgage (2019072400259001)	XXXXX XXXXXX	XXXX XX XXXXXXX XX
07/16/2019 - R 07/11/2019 - D	Satisfaction of Mortgage (2019071500013001)	XXXXX XXXXXX	XXXX XX XXXXXXX X X
07/03/2019 - R 06/26/2019 - D	Mortgage (2019062700980001)	XXX XXXXX XXXXXX XXXXXX XXXXXXX XXX	XXXXX XXXXXXXX XXXX
07/01/2019 - R 06/26/2019 - D	Mortgage (2019062700762004)	XXX XXXXX XXXXXX XXXXXX XXXXXXX XXX	XXXXX XXXXXXXX XXXX
07/01/2019 - R 06/26/2019 - D	Deed (2019062700762003)	XXXXX XXXXXX	XXX XXXXX XXXXXX XXXXXX XXXXXXX XXX
07/01/2019 - R 06/25/2019 - D	Power of Attorney (2019062700762002)	XXXXX XXXXXX	XXXXX XXXXXXXXX X
07/01/2019 - R 06/25/2019 - D	Power of Attorney (2019062700762001)	XXXXX XXXXX	XXXXX XXXXXXXXX X
07/01/2013 - R 06/06/2013 - D	Satisfaction of Mortgage (2013061200473001)	XXXXX XXXXXX	XXXX XX XXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 553 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

$18,718

Municipal exemptions

Recent tax assessments

Market value

$6,530,000

Assessed value

$391,800

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	$5,757,000	$345,420	$94,307	19.843%	$18,713	$18,713	+4.68%
2024/25	$5,129,000	$307,740	$89,002	20.085%	$17,876	$17,876	+0.81%
2023/24	$6,202,000	$372,120	$88,286	20.085%	$17,732	$17,732	+4.81%
2022/23	$6,163,000	$369,780	$83,308	20.309%	$16,919	$16,919	+7.81%
2021/22	$5,302,000	$318,120	$78,611	19.963%	$15,693	$15,693	-5.12%
2020/21	$5,309,000	$318,540	$78,589	21.045%	$16,539	$16,539	+5.35%
2019/20	$5,365,000	$321,900	$74,168	21.167%	$15,699	$15,699	+2.01%
2018/19	$5,611,000	$336,660	$73,572	20.919%	$15,391	$15,391	+11.11%
2017/18	$5,315,000	$318,900	$67,953	20.385%	$14,152	$13,852	+8.34%
2016/17	$4,537,000	$272,220	$63,959	19.991%	$13,096	$12,786	+2.31%

Permits

Permit information for 553 1st Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/14/2009	Alteration type 2
06/09/1994	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Flatbush Ave & Plaza Street West at SW Corner

Station lines

2-3

Distance (miles)

0.363

View subway map

Access the detailed traffic volume map for 553 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	0.27
Poly Prep Lower School	NR	No	Private	PK-4	240	0.05
Poly Prep Lower School	NR	No	Private	PK-4	240	0.05
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. 282 Park Slope	5	No	Public	PK, K-5	496	0.49

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	0.26
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	0.35
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
John Jay School for Law	3	No	Public	9-12	461	0.26
Park Slope Collegiate	4	No	Public	6-12	577	0.26
Cyberarts Studio Academy	2	No	Public	9-12	298	0.26
Millennium Brooklyn High School	10	No	Public	9-12	721	0.26
St Saviour High School	NR	No	Private	9-12	400	0.28
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.35
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	0.63

Frequently asked questions

What is the year built for 553 1st Street, Brooklyn, NY 11215?

The development at 553 1st Street, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 553 1st Street, Brooklyn, NY 11215?

553 1st Street, Brooklyn, NY 11215 has a total of 4,894 square feet.

When was 553 1st Street, Brooklyn, NY 11215 last sold and what was the sale price?

553 1st Street, Brooklyn, NY 11215 was last sold on 06/26/2019 for $4,550,000.

What is the assessed value of 553 1st Street, Brooklyn, NY 11215?

553 1st Street, Brooklyn, NY 11215 is currently assessed at $391,800.

What are the property taxes for 553 1st Street, Brooklyn, NY 11215?

The property taxes for 553 1st Street, Brooklyn, NY 11215 total $18,718.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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.