| Primary address | 554 Vanderbilt Avenue |
| Neighborhood | Prospect Heights |
| Zip code | 11238 |
| Borough | Brooklyn |
| Block & lot | 01137-0048 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/24/2006 |
| Purchase price | $765,000 |
| Tax class | Register |
| Estimated property tax | $20,885 |
| Lot sqft | 1,600 |
| Lot dimensions | |
| Building class | Primarily Five to Six Family with One Store or Office (S5) |
| Building sqft | 6,306 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 3 |
| Year built | 1930 |
| Year last altered | 2007 |
| Construction type | Register |
| School district | 13 |
| Community district | 8 |
| Closest police station | 0.29 Miles |
| Closest fire station | 0.28 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Primarily Five to Six Family with One Store or Office (S5) located at 554 Vanderbilt Avenue, Brooklyn, NY 11238 has a total of 6,306 square feet.
What is the year built & the current market value of 554 Vanderbilt Avenue, Brooklyn, NY 11238?554 Vanderbilt Avenue, Brooklyn, NY 11238 was built in 1930 and has a current tax assessor's market value of $3,064,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 09/18/2024 |
| Last updated | 01/23/2025 |
| Lot size | 1600 SF |
AA
TerraCRG has been retained to exclusively represent ownership in the sale of the mixed-use building at 554 Vanderbilt Avenue in the heart of Prospect Heights. The unique property consists of 4 free-market residential unitsand one large commercial space. The property spans 6,400 square feet across 6 stories and each residential unit has access to private outdoor space (3 private terraces, 4 private balconies and one roof deck). A legal three-story addition was completed in 2008 through an Alt-1, resulting in the issuance of a new certificate of occupancy in December 2009, exempting the building from Good Cause Eviction until December 2039.
The building has very low expenses as it is tax-class protected and each unit is responsible for paying their own heat and electric bills. The retail space was previously occupied by long-time neighborhood staple Cataldo’s and has now been taken over by the operators of the popular restaurant next door Alta Calidad with a new concept opening in the next few months. Alta Calidad, which has won multiple culinary awards since opening in 2017, is part of a larger hospitality group - Hospitality HQ that operates food-halls and restaurants across the country.
The property has significant rental upside as residential rents haven’t been increased in years and assuming market rents the property should have a gross income of ~$380K/year. At asking price the property can be acquired at an attractive basis of $734/SF and a projected Cap Rate of ~7%.
Create a free account to view the complete sales history for 554 Vanderbilt Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/24/2006 | $765,000 | Register | Register |
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.
R: Recorded date
D: Document date
Access detailed property tax data for 554 Vanderbilt Avenue, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $19,338 |
| Estimated property tax: | $20,885 |
| Tax assessor's market value: | $3,064,000 |
| Assessed value: | $1,378,800 |
Here's the assessment & property tax history for 554 Vanderbilt 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 | $3,064,000 | $1,378,800 | $155,464 | 12.439% | $19,338 | $19,338 | +7.47% |
| 2024/25 | $2,882,400 | $1,297,080 | $143,950 | 12.5% | $17,994 | $17,994 | -0.02% |
| 2023/24 | $2,402,000 | $1,080,900 | $143,950 | 12.502% | $17,997 | $17,997 | +5.18% |
| 2022/23 | $2,002,000 | $900,900 | $139,487 | 12.267% | $17,111 | $17,111 | +8.28% |
| 2021/22 | $2,355,000 | $1,059,750 | $129,155 | 12.235% | $15,802 | $15,802 | +7.72% |
The complete history of permits filed for 554 Vanderbilt 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Clinton Ave & Fulton Ave at SE Corner (Exit Only) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.238 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Vanderbilt Av/Dean St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 554 Vanderbilt Avenue, Brooklyn, NY 11238.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 566 Vanderbilt Ave, Brooklyn | 6,016 | 10/11/2023 | |
| 570 Vanderbilt Ave, Brooklyn | 7,333 | 08/08/2014 | |
| 633 Bergen St, Brooklyn | 4,300 | 04/13/2000 | |
| 552 Vanderbilt Ave, Brooklyn | 3,400 | 06/20/2023 | |
| 606 Dean St, Brooklyn | 4,000 | 12/01/2023 | $3,850,000 |
| 564 Vanderbilt Ave, Brooklyn | 7,008 | 06/09/2016 | |
| 658 Dean St, Brooklyn | 1,700 | 12/19/2022 | |
| 648 Dean St, Brooklyn | 2,520 | 10/18/2018 | |
| 556 Vanderbilt Ave, Brooklyn | 3,000 | 05/15/2024 | $2,520,000 |
| 650 Dean St, Brooklyn | 2,520 | 05/26/2021 | $2,200,000 |
| 610 Dean St, Brooklyn | 15,187 | 06/22/2022 | $1,850,000 |
| 558 Vanderbilt Ave, Brooklyn | 3,533 | 03/25/2003 | $280,750 |
| 568 Vanderbilt Ave, Brooklyn | 6,400 | 07/07/2022 | |
| 638 Dean St, Brooklyn | 4,148 | 03/23/2001 | $410,000 |
| 625 Bergen St, Brooklyn | 9,308 | 12/24/1992 | |
| 656 Dean St, Brooklyn | 2,700 | 10/22/2001 | |
| 634 Dean St, Brooklyn | 6,600 | 06/26/2014 | $2,650,000 |
| 623 Bergen St, Brooklyn | 5,220 | 12/14/2012 | $750,000 |
| 652 Dean St, Brooklyn | 2,520 | 04/15/2021 | $2,250,000 |
| 560 Vanderbilt Ave, Brooklyn | 7,200 | 11/01/2022 |
