New York City » 11216 » St Marks Ave » 551 St Marks Ave

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

Also known as: 551 St Marks Ave

Property image for 551 St Marks Avenue, Brooklyn, NY 11216

Property type

Miscellaneous Two Family (B9)

Year built

1905

Lot sq. ft.

2,281

Sale price

$2,800,000

General information

Address

Primary address

551 St Marks Avenue

ZIP code

11216

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01217-0080

Building

Property type

Miscellaneous Two Family (B9)

Building sq. ft.

2,312

Building dimensions

17.75 ft x 40 ft

Buildings on lot

Stories

Year built

1905

Last altered

2018

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

02/17/2022

Sale price

$2,800,000

Tax

Tax year

2026-2027

Property tax

$4,402

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

17.75 ft x 128.5 ft

Lot sq. ft.

2,281

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

94 /100. Biker's Paradise

School district

Community district

Closest police station

0.86 Miles

Closest fire station

0.35 Miles

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

Ownership

Ownership information for 551 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 551 St Marks Avenue, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
02/17/2022	$2,800,000	XXX XXXXXX XXXXXX XXXXXXX, XX XXXXXXX XXX XXX XXX XXXXXX XXXXXX XXXXXXX XXXX XXXXXXXXX XXXXX XXX XXX XXXXXXX X XXXXX XXXX XXXXXXXXX XXXXX XXX XXXXXXX X XXXXX, XX XXXXXXX	XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXXXXX
11/14/2019	$2,399,000	XXXXXXXXX, XXXXX XXX XXXXXXXXX, XXXXXXXX	XXX XXXXXX XXX
09/20/2018	$925,000	XXX XXXXXX XXX	XXXXXX XXXX-XXXX XXX XXX XXXXX XXXXXXXX XXXXXXXX XXXX XXXXX XXXX-XXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX, XX XXXXXXX, XX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/03/2023 - R 07/05/2023 - D	Satisfaction of Mortgage (2023080100853001)	XXXXXX XXXXX	XXX XXXXXXXXXXXX XX XXXXXX XXXXXXXX
03/02/2022 - R 02/17/2022 - D	Agreement (2022022500478004)	XXX XXXXXX XXXXXX XXXXXXX XX XXXXXXX	XXXX XXXXXXXX XXXX
03/02/2022 - R 02/17/2022 - D	Mortgage (2022022500478003)	XXX XXXXXX XXXXXX XXXXXXX XX XXXXXXX	XXXX XXXXXXXX XXXX
03/02/2022 - R 02/17/2022 - D	Deed (2022022500478001)	XXXXXXXXX XXXXX	XXX XXXXXX XXXXXX XXXXXXX XX XXXXXXX
03/02/2022 - R 02/02/2022 - D	Assignment, Mortgage (2022022500478002)	XXXXX XXXXX XXXX X X	XXXX XXXXXXXX XXXX
01/13/2020 - R	UCC3 Termination (2019112500374001)	XXX XXXXXX XXX	XXXXXXXX XXXXXXX XXXX
01/13/2020 - R 11/14/2019 - D	Agreement (2019112500374006)	XXXXXXXXX XXXXX	XXXXX XXXXX XXXX X X
01/13/2020 - R 11/14/2019 - D	Mortgage (2019112500374005)	XXXXXXXXX XXXXX	XXXXX XXXXX XXXX X X
01/13/2020 - R 11/14/2019 - D	Deed (2019112500374004)	XXX XXXXXX XXX	XXXXXXXXX XXXXX
01/13/2020 - R 11/14/2019 - D	Assignment, Mortgage (2019112500374003)	XXXXXXXX XXXXXXX XXXX	XXXXX XXXXX XXXX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 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

$4,402

Municipal exemptions

Recent tax assessments

Market value

$2,016,000

Assessed value

$120,960

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	$2,212,000	$132,720	$27,210	19.843%	$5,399	$5,399	+0.92%
2024/25	$1,747,000	$104,820	$26,636	20.085%	$5,350	$5,350	0.00%
2023/24	$1,544,000	$92,640	$26,636	20.085%	$5,350	$5,350	-0.83%
2022/23	$1,264,000	$75,840	$26,563	20.309%	$5,395	$5,395	+3.82%
2021/22	$1,386,000	$83,160	$26,028	19.963%	$5,196	$5,196	+192.60%
2020/21	$1,336,000	$80,160	$8,438	21.045%	$1,776	$1,776	+5.39%
2019/20	$1,478,000	$88,680	$7,960	21.167%	$1,685	$1,685	+1.19%
2018/19	$1,706,000	$102,360	$7,960	20.919%	$1,665	$1,665	+3.41%
2017/18	$1,379,000	$82,740	$7,899	20.385%	$1,610	$1,610	+8.07%
2016/17	$1,065,000	$63,900	$7,453	19.991%	$1,490	$1,490	+8.36%

Permits

Permit information for 551 St Marks Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/11/2026	Alteration
09/23/2025	Alteration
09/22/2025	Alteration
09/12/2025	Alteration
09/12/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/17/2022	I
	04/21/2021	I
	04/06/2012	C

*Most recent HPD violations on record 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)

0.131

View subway map

Access the detailed traffic volume map for 551 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	0.26
Brooklyn Arts and Science Elementary School	4	Yes	Public	PK, K-5	275	0.26
Friends of Crown Heights #2	NR	No	Private	K	0	0.11
P.S. 138	6	No	Public	PK, K-8	414	0.25
P.S. 138	6	No	Public	PK, K-8	414	0.25
Success Academy Prospect Heights	NR	No	Charter	K-3	0	0.25
Explore Exceed Charter School	6	No	Charter	K-8	429	0.26
Success Academy Charter School-Prospect Heights	9	No	Charter	K-5	275	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	0.25
Explore Exceed Charter School	6	No	Charter	K-8	429	0.26
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	0.29
Brooklyn Jesuit Prep School	NR	No	Private	5-8	87	0.30
Elijah Stroud Middle School	5	No	Public	6-8	121	0.34
Epiphany Lutheran School	NR	No	Private	PK, K-8	167	0.38
Restoration Academy	3	No	Public	6-8	94	0.51

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Acorn Community High School	NR	No	Public	9-12	107	0.38
GOTHAM PROFESSIONAL ARTS ACADEMY	NR	No	Public	9-12	217	0.38
Gotham Professional Arts Academy	NR	No	Public	9-12	179	0.38
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
Brooklyn Academy of Science and the Environment	3	No	Public	9-12	265	0.53
Brooklyn School For Music And Theater	4	No	Public	9-12	223	0.53
International High School at Prospect Heights	1	No	Public	9-12	272	0.53
High School For Global Citizenship	4	No	Public	9-12	221	0.53

Frequently asked questions

What is the year built for 551 St Marks Avenue, Brooklyn, NY 11216?

The development at 551 St Marks Avenue, Brooklyn, NY 11216 was built in 1905.

What is the total square footage of 551 St Marks Avenue, Brooklyn, NY 11216?

551 St Marks Avenue, Brooklyn, NY 11216 has a total of 2,312 square feet.

When was 551 St Marks Avenue, Brooklyn, NY 11216 last sold and what was the sale price?

551 St Marks Avenue, Brooklyn, NY 11216 was last sold on 02/17/2022 for $2,800,000.

What is the assessed value of 551 St Marks Avenue, Brooklyn, NY 11216?

551 St Marks Avenue, Brooklyn, NY 11216 is currently assessed at $120,960.

What are the property taxes for 551 St Marks Avenue, Brooklyn, NY 11216?

The property taxes for 551 St Marks Avenue, Brooklyn, NY 11216 total $5,723.

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.