New York City » 11216 » St Marks Ave » 557 St Marks Ave

557 St Marks Avenue, Brooklyn, NY 11216 - Property report

Also known as: 557 St Marks Ave

Property image for 557 St Marks Avenue, Brooklyn, NY 11216

Property type

Miscellaneous Two Family (B9)

Year built

1925

Lot sq. ft.

2,185

Sale price

$2,750,000

General information

Address

Primary address

557 St Marks Avenue

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01217-0077

Building

Property type

Miscellaneous Two Family (B9)

Building sq. ft.

2,265

Building dimensions

17 ft x 40 ft

Buildings on lot

Stories

Year built

1925

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

09/05/2025

Sale price

$2,750,000

Tax

Tax year

2026-2027

Property tax

$4,609

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)

St Marks Avenue (wide)

Distance to wide street

Lot dimensions

17 ft x 128.5 ft

Lot sq. ft.

2,185

Area overview

Walk score

89 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.85 Miles

Closest fire station

0.36 Miles

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

Ownership

Ownership information for 557 St Marks Avenue, 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 557 St Marks Avenue, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
09/05/2025	$2,750,000	X'XXXXX, XXXXXX XXX XXXXX, XXXXXXX XXXXXXX	XXXX XXXXX XXX
09/13/2024	$1,600,000	XXXX XXXXX XXX	XXXXX, XXXXX X XX
05/17/2019	$415,000	XXXXX, XXXXX X XX	XXXXX, XXX, XXXXX X XXX XXXXX, XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/23/2026 - R 09/05/2025 - D	Assignment, Mortgage (2026042300264002)	XXXXXXXX XXXX	XXXX
04/23/2026 - R 09/05/2025 - D	Agreement (2026042300264001)	XXXXXX XXXXXX	XXXX
09/12/2025 - R 09/05/2025 - D	Deed (2025091100246003)	XXXX XXXXX XXX	XXXXXX XXXXXX
09/12/2025 - R 09/04/2025 - D	Assignment, Mortgage (2025091100246002)	XXX XXXXXXXXXX XXXXXXXX XXXXXXXXX	XXXXXXXX XXXX
09/12/2025 - R 09/04/2025 - D	Assignment, Mortgage (2025091100246001)	XXXX	XXXXXX XXX
11/07/2024 - R	UCC3 Termination (2024103000120001)	XXXX XXXXX XXX	XXXXXXXXX XXXXXXX XXX
11/14/2024 - R 10/16/2024 - D	Agreement (2024103000088003)	XXXX XXXXX XXX	XXXXXXXXX XXXXXXX XXX
11/14/2024 - R 10/16/2024 - D	Mortgage (2024103000088002)	XXXX XXXXX XXX	XXXXXXXXX XXXXXXX XXX
11/14/2024 - R 10/16/2024 - D	Assignment, Mortgage (2024103000088001)	XXXXXXXXX XXXXXXX XXX	XXXXXXXXX XXXXXXX XXX
09/25/2024 - R	Initial UCC1 (2024092400136003)	XXXX XXXXX XXX	XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 557 St Marks 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

$4,609

Municipal exemptions

Recent tax assessments

Market value

$1,608,000

Assessed value

$96,480

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	$1,562,000	$93,720	$21,914	19.843%	$4,348	$4,348	+4.72%
2024/25	$1,493,000	$89,580	$20,675	20.085%	$4,153	$4,153	+5.99%
2023/24	$1,685,000	$101,100	$19,506	20.085%	$3,918	$3,918	-1.10%
2022/23	$1,379,000	$82,740	$19,506	20.309%	$3,961	$3,961	+2.52%
2021/22	$1,080,000	$64,800	$19,356	19.963%	$3,864	$3,864	+0.54%
2020/21	$1,157,000	$69,420	$18,262	21.045%	$3,843	$3,843	+5.38%
2019/20	$1,280,000	$76,800	$17,229	21.167%	$3,647	$3,647	+7.25%
2018/19	$1,593,000	$95,580	$16,255	20.919%	$3,400	$3,400	+2.62%
2017/18	$1,089,000	$65,340	$16,255	20.385%	$3,314	$3,314	+2.76%
2016/17	$1,119,000	$67,140	$16,130	19.991%	$3,225	$3,225	+8.36%

Permits

Permit information for 557 St Marks Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/28/2025	Alteration
11/19/2024	Alteration
11/08/2024	Alteration
10/10/2024	Alteration
10/04/2024	Alteration

*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

Crown Heights North residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

Franklin Ave & Park Pl at NW Corner

Station lines

Distance (miles)

0.139

View subway map

Access the detailed traffic volume map for 557 St Marks Avenue, Brooklyn, NY 11216 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)
Brooklyn Arts and Science Elementary School	4	Yes	Public	PK, K-5	275	0.27
Brooklyn Arts and Science Elementary School	4	Yes	Public	PK, K-5	275	0.27
Friends of Crown Heights #2	NR	No	Private	K	0	0.10
P.S. 138	6	No	Public	PK, K-8	414	0.24
P.S. 138	6	No	Public	PK, K-8	414	0.24
Success Academy Prospect Heights	NR	No	Charter	K-3	0	0.25
Success Academy Charter School-Prospect Heights	9	No	Charter	K-5	275	0.26
Explore Exceed Charter School	6	No	Charter	K-8	429	0.27
German School Brooklyn	NR	No	Private	PK, K-8	195	0.27
German School Brooklyn	NR	No	Private	PK, K-8	195	0.27

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ebbetts Field Middle School	6	Yes	Public	6-8	123	0.81
P.S. 138	6	No	Public	PK, K-8	414	0.24
Explore Exceed Charter School	6	No	Charter	K-8	429	0.27
German School Brooklyn	NR	No	Private	PK, K-8	195	0.27
Carmel Christian School	NR	No	Private	K-9	51	0.27
Carmel Christian School	NR	No	Private	PK, K-8	0	0.28
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.31
Elijah Stroud Middle School	5	No	Public	6-8	121	0.35
Epiphany Lutheran School	NR	No	Private	PK, K-8	167	0.38
Restoration Academy	3	No	Public	6-8	94	0.50

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.38
Acorn Community High School	NR	No	Public	9-12	107	0.38
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.39
Aspirations Diploma Plus High School	NR	No	Public	9-12	199	0.44
W E B Dubois Academic High School	NR	No	Public	9-12	114	0.45
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL	NR	No	Public	9-12	143	0.48
High School For Global Citizenship	4	No	Public	9-12	221	0.54
International High School at Prospect Heights	1	No	Public	9-12	272	0.54
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.54
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.54

Frequently asked questions

What is the year built for 557 St Marks Avenue, Brooklyn, NY 11216?

The development at 557 St Marks Avenue, Brooklyn, NY 11216 was built in 1925.

What is the total square footage of 557 St Marks Avenue, Brooklyn, NY 11216?

557 St Marks Avenue, Brooklyn, NY 11216 has a total of 2,265 square feet.

When was 557 St Marks Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

557 St Marks Avenue, Brooklyn, NY 11216 was last sold on 09/05/2025 for $2,750,000.

What is the assessed value of 557 St Marks Avenue, Brooklyn, NY 11216?

557 St Marks Avenue, Brooklyn, NY 11216 is currently assessed at $96,480.

What are the property taxes for 557 St Marks Avenue, Brooklyn, NY 11216?

The property taxes for 557 St Marks Avenue, Brooklyn, NY 11216 total $4,608.

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.