New York City  »  11215  »  Prospect Ave  »  557 Prospect Ave

557 Prospect Avenue, Brooklyn, NY 11215 - Property report

Also known as: 557 Prospect Ave

Property image for 557 Prospect Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Three Families (C0)

Year built

1960

Lot sq. ft.

1,744

General information

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Address
Primary address
557 Prospect Avenue
ZIP code
11215
Neighborhood
Windsor Terrace
Borough
Brooklyn
Block & lot
01116-0174

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
1,870
Building dimensions
20 ft x 40 ft
Buildings on lot
1
Stories
2
Year built
1960
Building material
C Blck + Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Tax
Tax year
2026-2027
Property tax
$9,906
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Prospect Avenue (wide)
Distance to wide street
Lot dimensions
20 ft x 74.42 ft
Lot sq. ft.
1,744

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
1.13 Miles
Closest fire station
0.45 Miles

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

Ownership information for 557 Prospect Avenue, Brooklyn, NY

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

Sales history for 557 Prospect 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
03/19/2026 - R
01/09/2026 - D
Deed
(2026031500070001)
XXXXXXX XXXX XXXXXXX XXXX
01/06/2016 - R
12/21/2015 - D
Satisfaction of Mortgage
(2015122200454001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
04/20/2006 - R
04/10/2006 - D
Mortgage and Consolidation
(2006040701226001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX (XXX)
01/31/2005 - R
11/08/2004 - D
Mortgage
(2004123000758001)
XXXXXXX XXXX XXXX XXXXXXXX XXXX
03/08/2005 - R
10/27/2004 - D
Satisfaction of Mortgage
(2004123000681001)
09/30/2003 - R
05/12/2003 - D
Satisfaction of Mortgage
(2003051200939001)
07/28/2003 - R
03/11/2003 - D
Mortgage
(2003040600218001)
XXXXXXX XXXX XXXXXXXX XXXXXXXX XXXXXXX XXXX
05/29/2002 - R Satisfaction of Mortgage
(3900008440390)
XXX XXXX XXXXXXXX XXXXXXX XXX
01/18/2002 - R Mortgage
(3010007968201)
XXXXXXX XXXX XXXXXXXX XXXXXXXXXXXXXXX
11/20/2001 - R Satisfaction of Mortgage
(3510007893651)
XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 557 Prospect 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
$9,906
Municipal exemptions
Recent tax assessments
Market value
$2,608,000
Assessed value
$156,480

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 $1,984,000 $119,040 $49,924 19.843% $9,906 $9,906 +3.77%
2024/25 $2,143,000 $128,580 $47,532 20.085% $9,547 $9,547 +4.73%
2023/24 $2,221,000 $133,260 $45,385 20.085% $9,116 $9,116 +2.49%
2022/23 $2,091,000 $125,460 $43,793 20.309% $8,894 $8,894 +7.09%
2021/22 $2,013,000 $120,780 $41,603 19.963% $8,305 $8,305 -5.14%
2020/21 $1,703,000 $102,180 $41,603 21.045% $8,755 $8,755 +4.43%
2019/20 $1,883,000 $112,980 $39,610 21.167% $8,384 $8,384 +5.97%
2018/19 $2,045,000 $122,700 $37,821 20.919% $7,912 $7,912 +6.35%
2017/18 $1,596,000 $95,760 $36,494 20.385% $7,439 $7,439 +7.34%
2016/17 $1,878,000 $112,680 $34,669 19.991% $6,931 $6,931 +2.23%

Permit information for 557 Prospect Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Windsor Terrace residential market stats

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

Median sale price

$820,000

-18% Y-o-Y

Median price/sq. ft.

$900

-8.6% 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

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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
Howard Pl & Windsor Pl at NE Corner
Station lines
F
Distance (miles)
0.151

Access the detailed traffic volume map for 557 Prospect 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Windsor Terrace School (The) 8 Yes Public K-5 413 0.15
Holy Name Of Jesus School NR No Private PK, K-8 239 0.18
Holy Name Of Jesus School NR No Private PK, K-8 239 0.18
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.18
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.18
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.41
P.S. 107 John W Kimball 8 No Public PK, K-5 501 0.41
P.S.10 Magnet School for Math, Science & Design Technology 8 No Public K-5 829 0.45
P.S. 53 NR No Public K-12 410 0.52
P.S. 295 7 No Public PK, K-5 242 0.58
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Holy Name Of Jesus School NR No Private PK, K-8 239 0.18
St. Joseph the Worker Catholic Academy NR No Private PK-8 186 0.18
MS 442 Carroll Gardens School for Innovation 9 No Public 6-8 344 0.21
Brooklyn Urban Garden Charter School 6 No Charter 6-8 310 0.21
Jhs 88 Peter Rouget 6 No Public 6-8 1,024 0.52
P.S. 53 NR No Public K-12 410 0.52
New Voices School Of Academic And Creative Arts 9 No Public 6-8 530 0.58
International Christian School NR No Private PK-12 85 0.60
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.64
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.66
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Mesilas Bais Yaakov NR No Private 9-12 260 0.33
P.S. 53 NR No Public K-12 410 0.52
International Christian School NR No Private PK-12 85 0.60
Brooklyn Prospect Charter School NR No Charter 8-12 677 0.64
BROOKLYN PROSPECT CS -CSD 15.2 7 No Charter K-1, 6-12 1,084 0.66
Yeshiva Machzikel Hadas NR No Private 12 0 0.67
St Saviour High School NR No Private 9-12 400 0.67
Brooklyn College Academy 7 No Public 9-12 631 0.68
Park Slope Collegiate 4 No Public 6-12 577 0.83
John Jay School for Law 3 No Public 9-12 461 0.83

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

Frequently asked questions

What is the year built for 557 Prospect Avenue, Brooklyn, NY 11215?

The development at 557 Prospect Avenue, Brooklyn, NY 11215 was built in 1960.

What is the total square footage of 557 Prospect Avenue, Brooklyn, NY 11215?

557 Prospect Avenue, Brooklyn, NY 11215 has a total of 1,870 square feet.

What is the assessed value of 557 Prospect Avenue, Brooklyn, NY 11215?

557 Prospect Avenue, Brooklyn, NY 11215 is currently assessed at $156,480.

What are the property taxes for 557 Prospect Avenue, Brooklyn, NY 11215?

The property taxes for 557 Prospect Avenue, Brooklyn, NY 11215 total $9,906.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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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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