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531 1st Street, Brooklyn, NY 11215 Property Information

531 1st Street, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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531 1st Street, Brooklyn, NY 11215 1
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Address

Primary address 531 1st Street
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01075-0064

Sales & Tax Overview for 531 1st Street, Brooklyn

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

Purchase date 02/09/2022
Purchase price $5,650,000
Tax class
Estimated property tax $20,075

Lot & Building Information for 531 1st Street, Brooklyn

Lot sqft 2,100
Lot dimensions 21 ft x 100 ft
Building class Two Family Brick (B1) i
Building sqft 4,660
Building dimensions 21 ft x 50 ft
Buildings on lot 1
Stories 4
Structure type Row
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1901
Frontage(s) 1 Street (narrow)
Nearest wide street 8 Avenue
Distance to wide street
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Zoning & Use for 531 1st Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.70 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 531 1st Street, Brooklyn

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Floor area ratio (FAR) for 531 1st Street, 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 531 1st Street, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 531 1st Street, Brooklyn

What is the year built & the total sq. ft. for 531 1st Street, Brooklyn, NY 11215?

531 1st Street, Brooklyn, NY 11215 was built in 1901 and has a total of 4,660 square feet.

What is the assessed value of 531 1st Street, Brooklyn, NY 11215 and the property tax paid?

Assessed at $386,100, the tax amount paid for 531 1st Street, Brooklyn, NY 11215 is $18,940. For the next year, the tax amount for 531 1st Street, Brooklyn, NY 11215 is estimated at $20,075.

When was 531 1st Street, Brooklyn, NY 11215 last sold and what was the last sale price?

531 1st Street, Brooklyn, NY 11215 was last sold in 02/09/2022 for $5,650,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 531 1st Street, Brooklyn

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Property owner name for 531 1st Street, Brooklyn, NY 11215
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Building contacts for 531 1st Street, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 531 1st Street, Brooklyn

Create a free account to view the complete sales history for 531 1st Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/09/2022 $5,650,000

Title Documents for 531 1st Street, 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
10/30/2023 - D
11/09/2023 - R
Assignment, Mortgage
(2023110600087001)
06/10/2022 - D
07/06/2022 - R
Mortgage
(2022062201018001)
04/13/2022 - D
04/26/2022 - R
Satisfaction of Mortgage
(2022041300454001)
03/08/2022 - D
03/23/2022 - R
Satisfaction of Mortgage
(2022031001244001)
02/09/2022 - D
02/28/2022 - R
Deed
(2022021601053001)
11/06/2016 - D
12/07/2016 - R
Deed
(2016120700779001)
06/24/2011 - D
08/12/2011 - R
Satisfaction of Mortgage
(2011072600762001)
11/24/2010 - D
01/21/2011 - R
Agreement
(2010120300847005)
11/24/2010 - D
01/21/2011 - R
Assignment, Mortgage
(2010120300847004)
11/24/2010 - D
01/21/2011 - R
Assignment, Mortgage
(2010120300847003)
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R: Recorded date
D: Document date

Property Taxes for 531 1st Street, Brooklyn

Access detailed property tax data for 531 1st Street, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $18,941
Estimated property tax: $20,075
Tax assessor's market value: $6,435,000
Assessed value: $386,100

Assessment History for 531 1st Street, Brooklyn

Here's the assessment & property tax history for 531 1st Street, 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 $6,435,000 $386,100 $95,452 19.843% $18,941 $18,941 +4.44%
2024/25 $6,956,000 $417,360 $90,293 20.085% $18,135 $18,135 +0.08%
2023/24 $6,156,000 $369,360 $90,221 20.085% $18,121 $18,121 +4.81%
2022/23 $5,596,000 $335,760 $85,133 20.309% $17,290 $17,290 +2.73%
2021/22 $5,313,000 $318,780 $84,308 19.963% $16,830 $16,830 +0.54%

Permits for 531 1st Street, Brooklyn

The complete history of permits filed for 531 1st Street, 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.

No recorded permits 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
$1,383,519
-2.9% YoY
Median Price/Sqft
$1,381
-0.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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 Flatbush Ave & Plaza Street West at SW Corner
Station lines 2-3
Distance (miles) 0.358
View subway map
Bus Routes
Name 7 Av/Garfield Pl
Line B67
Distance (miles) 0.188

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 321 William Penn 9 Yes Public K-5 1,216 0.23
Poly Prep Lower School NR No Private PK-4 240 0.09
Poly Prep Lower School NR No Private PK-4 240 0.09
Poly Prep Lower School NR No Private 0 0.11
The Montessori School of New York - Brooklyn NR No Private PK, K-6 0 0.16

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Poly Prep Lower School NR No Private 0 0.11
Park Slope Collegiate 4 No Public 6-12 577 0.23
St Francis Xavier School NR No Private PK-8 175 0.30
Berkeley Carroll Elementary School NR No Private PK-12 940 0.31
Saint Saviour Catholic Academy NR No Private PK, K-8 370 0.31

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Poly Prep Lower School NR No Private 0 0.11
Cyberarts Studio Academy 2 No Public 9-12 298 0.23
Millennium Brooklyn High School 10 No Public 9-12 721 0.23
Park Slope Collegiate 4 No Public 6-12 577 0.23
John Jay School for Law 3 No Public 9-12 461 0.23

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 531 1st Street, Brooklyn

Here are the neighbors for 531 1st Street, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
284 Garfield Pl, Brooklyn 4,552 07/10/1992
183 7th Ave, Brooklyn 5,864 01/02/1999
181 7th Ave, Brooklyn 5,864 07/31/1986
177 7th Ave, Brooklyn 5,864 06/04/2010
173 7th Ave, Brooklyn 10,400 12/27/1968
545 1st St, Brooklyn 4,011 01/30/1987
537 1st St, Brooklyn 4,140 11/08/1995
541 1st St, Brooklyn 4,620 01/28/2022 $7,400,000
185 7th Ave, Brooklyn 2,375 11/19/1986
533 1st St, Brooklyn 4,420 05/20/2024
535 1st St, Brooklyn 4,271 09/15/2025 $13,900,000
547 1st St, Brooklyn 5,008 06/10/2021
179 7th Ave, Brooklyn 5,864 12/05/1997
551 1st St, Brooklyn 4,958 12/19/2023
175 7th Ave, Brooklyn 5,864 09/01/2017 $3,800,000
539 1st St, Brooklyn 4,140 10/06/2023
549 1st St, Brooklyn 4,894 04/21/1989
529 1st St, Brooklyn 5,160 08/31/1984
527 1st St, Brooklyn 6,080 09/25/2007 $3,025,000
543 1st St, Brooklyn 4,620 02/10/2006 $3,100,000
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