Kings  »  11225  »  Eastern Pkwy  »  554 Eastern Pkwy

554 Eastern Parkway, Brooklyn, NY 11225 - Property report

Also known as: 554 Eastern Pkwy

Property image for 554 Eastern Parkway, Brooklyn, NY 11225
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1909

Lot sq. ft.

5,395

Sale price

$58,000

General information

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Address
Primary address
554 Eastern Parkway
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01269-0011

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
12,212
Building dimensions
41.5 ft x 89 ft
Buildings on lot
1
Stories
4
Year built
1909
Building material
Sales
Sale date
02/20/2026
Sale price
$58,000
Tax
Tax year
2026-2027
Property tax
$54,657
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
9
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
41.5 ft x 130 ft
Lot sq. ft.
5,395

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
17
Community district
9
Closest police station
0.31 Miles
Closest fire station
0.63 Miles

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

Ownership

Ownership information for 554 Eastern Parkway, Brooklyn, NY

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

Sales history for 554 Eastern Parkway, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
02/20/2026 $58,000 XXX XXXXXXX XXXXXXX XXX XXX XXXXX XXXXXXXXXXX XXX XXXXXXXX, XXXX
08/12/2019 $2,000,000 XXX XXXXXXX XXXXXXX XXX XXX XXXXX XXXXXXX, XXX. (XX XXXXXXX)

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/02/2026 - R
02/20/2026 - D		 Mortgage
(2026022700088003)		 XXX XXXXXXX XXXXXXX XXX XXX XXXX XXXXXX XXX
03/02/2026 - R
02/20/2026 - D		 Deed
(2026022700088002)		 XXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXX XXX
03/02/2026 - R
12/31/2025 - D		 Court Order
(2026022700088001)		 XXXXXXXX XX XXXX XXXXXXXX XXX XXXXXXX XXXXXXX XXX
10/17/2025 - R
10/03/2025 - D		 Deed
(2025100900437001)		 XXXXXX XXX XXXX XX XXXXXXXXX XXXXXXXX XXXXXX XXX XXXX XX XXXXXXXXX XXXXXXXX
02/19/2026 - R
02/20/2025 - D		 Assignment, Mortgage
(2026021900699001)		 XXXXXXX XXXXXXX XXX XXXX XXXXXX XXX
02/16/2023 - R
08/12/2019 - D		 Assignment, Mortgage
(2023021600172001)		 X X XXXXXXX XXXXXXX XXX XXXXXXX XXXXXXX XXX
08/20/2019 - R
08/12/2019 - D		 Assignment of Leases and Rents
(2019081500902003)		 XXX XXXXXXX XXXXXXX XXX XXX XX XXXXXXX XXXXXXX XXX
08/20/2019 - R
08/12/2019 - D		 Mortgage
(2019081500902002)		 XXX XXXXXXX XXXXXXX XXX XXX XX XXXXXXX XXXXXXX XXX
08/20/2019 - R
08/12/2019 - D		 Deed
(2019081500902001)		 XXXXX XXXXXXX XXX (XX XXXXXXX) XXX XXXXXXX XXXXXXX XXX XXX
08/15/2017 - R
08/03/2017 - D		 Tax Lien Sale Certificate
(2017081401052001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 554 Eastern Parkway, 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
$54,657
Municipal exemptions
Recent tax assessments
Market value
$2,792,000
Assessed value
$1,256,400

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 $2,491,000 $1,120,950 $414,895 12.439% $51,609 $51,609 -0.49%
2024/25 $2,494,800 $1,122,660 $414,895 12.5% $51,862 $51,862 +5.22%
2023/24 $2,079,000 $935,550 $394,243 12.502% $49,288 $49,288 +10.07%
2022/23 $2,124,000 $955,800 $365,040 12.267% $44,779 $44,779 +8.28%
2021/22 $1,940,000 $873,000 $338,000 12.235% $41,354 $41,354 +5.63%
2020/21 $2,128,000 $957,600 $319,150 12.267% $39,150 $39,150 +0.02%
2019/20 $2,050,400 $922,680 $313,820 12.473% $39,808 $39,143 +4.21%
2018/19 $2,563,000 $1,153,350 $297,814 12.612% $38,248 $37,560 +7.07%
2017/18 $2,173,000 $977,850 $275,810 12.719% $35,715 $35,080 +6.76%
2016/17 $1,971,000 $886,950 $254,870 12.892% $33,519 $32,858 +0.07%
Permits

Permit information for 554 Eastern Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/05/1997 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Eastern Pkwy at SE Corner
Station lines
3
Distance (miles)
0.03
View subway map

Access the detailed traffic volume map for 554 Eastern Parkway, Brooklyn, NY 11225 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 554 Eastern Parkway, Brooklyn, NY

592 Eastern Pkwy, Brooklyn 1201 Union St, Brooklyn 558 Eastern Pkwy, Brooklyn 590 Eastern Pkwy, Brooklyn 598 Eastern Pkwy, Brooklyn 542 Eastern Pkwy, Brooklyn 807 Nostrand Ave, Brooklyn 594 Eastern Pkwy, Brooklyn 600 Eastern Pkwy, Brooklyn 803 Nostrand Ave, Brooklyn 560 Eastern Pkwy, Brooklyn 1211 Union St, Brooklyn 1219 Union St, Brooklyn 576 Eastern Pkwy, Brooklyn 596 Eastern Pkwy, Brooklyn 1209 Union St, Brooklyn 570 Eastern Pkwy, Brooklyn 1205 Union St, Brooklyn

Nearby ZIP codes for 554 Eastern Parkway, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 554 Eastern Parkway, Brooklyn, NY 11225?

The development at 554 Eastern Parkway, Brooklyn, NY 11225 was built in 1909.

What is the total square footage of 554 Eastern Parkway, Brooklyn, NY 11225?

554 Eastern Parkway, Brooklyn, NY 11225 has a total of 12,212 square feet.

When was 554 Eastern Parkway, Brooklyn, NY 11225 last sold and what was the sale price?

554 Eastern Parkway, Brooklyn, NY 11225 was last sold on 02/20/2026 for $58,000.

What is the assessed value of 554 Eastern Parkway, Brooklyn, NY 11225?

554 Eastern Parkway, Brooklyn, NY 11225 is currently assessed at $1,256,400.

What are the property taxes for 554 Eastern Parkway, Brooklyn, NY 11225?

The property taxes for 554 Eastern Parkway, Brooklyn, NY 11225 total $54,656.

How many residential units does this building have?

This building has 9 residential unit(s).

Disclaimer

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