New York City  »  11231  »  Richards St  »  54 Richards St

54 Richards Street, Brooklyn, NY 11231 - Property report

Also known as: 54 A Richards St

Property image for 54 Richards Street, Brooklyn, NY 11231
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Property type

Factory - Light Manufacturing (F5)

Year built

1921

Lot sq. ft.

6,025

Sale price

$1,200,000

General information

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Address
Primary address
54 Richards Street
Alternate address(es)
54 A Richards St
62 Richards St
ZIP code
11231
Neighborhood
Red Hook
Borough
Brooklyn
Block & lot
00518-0026

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
4,083
Building dimensions
58.81 ft x 72.83 ft
Buildings on lot
1
Stories
1
Year built
1921
Building material
Sales
Sale date
10/15/2024
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$19,112
Tax class
Zoning & Use
Zoning
Commercial units
1
Lot
Lot dimensions
60.73 ft x 100 ft
Lot sq. ft.
6,025
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
4,097 sq. ft.
Buildable area

Area overview

Walk score
87 /100.  Very Walkable
Transit score
76 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
6

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Ownership information for 54 Richards Street, Brooklyn, NY

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

Sales history for 54 Richards Street, Brooklyn, NY 11231

Sale date Sale price Buyer name Seller name
10/15/2024 $1,200,000 XXXX, XXX XXX XXXXX XXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/29/2024 - R
10/15/2024 - D
Deed
(2024102700008001)
XXX XXXXX XXXXXX XXX XXXX XXX
03/19/2024 - R
02/16/2024 - D
Deed
(2024031800788001)
XXX XXXXX XXXXXX XXX XXX XXXXX XXXXXX XXX
11/17/2020 - R
10/08/2020 - D
Sundry Miscellaneous
(2020110900584002)
XXX X XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 54 Richards 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
$19,112
Municipal exemptions
Recent tax assessments
Market value
$417,000
Assessed value
$187,650

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 $382,000 $171,900 $166,713 10.848% $18,085 $18,085 +2.03%
2024/25 $366,000 $164,700 $164,700 10.762% $17,725 $17,725 +4.57%
2023/24 $398,000 $179,100 $160,023 10.592% $16,950 $16,950 +5.07%
2022/23 $364,000 $163,800 $151,522 10.646% $16,131 $16,131 +12.99%
2021/22 $295,000 $132,750 $132,750 10.755% $14,277 $14,277 -10.32%
2020/21 $375,000 $168,750 $148,872 10.694% $15,920 $15,920 n/a

Permit information for 54 Richards Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/07/2025 Alteration
02/07/2025 Alteration
04/01/2019 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & 2nd St at NW Corner
Station lines
F-G
Distance (miles)
0.625

Access the detailed traffic volume map for 54 Richards Street, Brooklyn, NY 11231 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

Neighbors for 54 Richards Street, Brooklyn, NY

Frequently asked questions

What is the year built for 54 Richards Street, Brooklyn, NY 11231?

The development at 54 Richards Street, Brooklyn, NY 11231 was built in 1921.

What is the market value of 54 Richards Street, Brooklyn, NY 11231?

The current market value of 54 Richards Street, Brooklyn, NY 11231 is $417,000.

What is the total square footage of 54 Richards Street, Brooklyn, NY 11231?

54 Richards Street, Brooklyn, NY 11231 has a total of 4,083 square feet.

What is the price per square foot for this property?

$293 per square foot is the price for 54 Richards Street, Brooklyn, NY 11231.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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