New York City » 11221 » Monroe St » 550 Monroe St

550 Monroe Street, Brooklyn, NY 11221 - Property report

Also known as: 550 Monroe St

Property image for 550 Monroe Street, Brooklyn, NY 11221

Property type

Two Family Converted from One Family (B3)

Year built

1899

Lot sq. ft.

1,650

General information

Address

Primary address

550 Monroe Street

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01640-0011

Building

Property type

Two Family Converted from One Family (B3)

Building sq. ft.

2,972

Building dimensions

16.5 ft x 45 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Tax

Tax year

2026-2027

Property tax

$1,996

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)

Monroe Street (narrow)

Nearest wide street

Lexington Avenue

Distance to wide street

Lot dimensions

16.5 ft x 100 ft

Lot sq. ft.

1,650

Area overview

Walk score

85 /100. Very Walkable

Transit score

96 /100. Rider's Paradise

Bike score

70 /100. Very Bikeable

School district

Community district

Closest police station

0.46 Miles

Closest fire station

0.16 Miles

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

Ownership

Ownership information for 550 Monroe Street, 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 550 Monroe Street, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/15/2024 - R 03/08/2024 - D	Satisfaction of Mortgage (2024030800122001)	XXXXXXX XXXXXXXXXXX	XXXXXX XXXXXX
02/06/2024 - R 01/31/2024 - D	Satisfaction of Mortgage (2024013100570001)	XXXXXXX XXXXXXXXXXX	XXXXXX XXX XXXXXXXX XXXXXXXXXXX
01/23/2024 - R 01/04/2024 - D	Mortgage (2024012200468001)	XXXXXXX XXXXXXXXXXX X	XXXX
03/29/2018 - R 11/14/2017 - D	Mortgage (2017120501197004)	XXXXXXX XXXXXXXXXXX	XXXXXX XXXXXXXX XXXX
03/29/2018 - R 11/14/2017 - D	Agreement (2017120501197003)	XXXXXXX XXXXXXXXXXX	XXXXXX XXXXXXXX XXXX
03/29/2018 - R 11/14/2017 - D	Mortgage (2017120501197001)	XXXXXXX XXXXXXXXXXX	XXXXXX XXXXXXXX XXXX
03/29/2018 - R 08/17/2017 - D	Assignment, Mortgage (2017120501197002)	XXXXXXX XXXX XXX	XXXXXX XXXXXXXX XXXX
03/25/2005 - R 01/05/2005 - D	Agreement (2005030100714003)	XXXXXXX XXXXXXXXXXX	XXXX
03/25/2005 - R 01/05/2005 - D	Mortgage (2005030100714002)	XXXXXXX XXXXXXXXXXX	XXXX
03/25/2005 - R 01/05/2005 - D	Assignment, Mortgage (2005030100714001)	XXXXXX XXX XXXXXXXX XXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 550 Monroe 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

$1,996

Municipal exemptions

Recent tax assessments

Market value

$1,502,000

Assessed value

$90,120

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	$1,550,000	$93,000	$9,492	19.843%	$1,883	$1,883	+4.70%
2024/25	$1,450,000	$87,000	$8,957	20.085%	$1,799	$1,799	0.00%
2023/24	$1,553,000	$93,180	$8,957	20.085%	$1,799	$1,799	-0.31%
2022/23	$1,354,000	$81,240	$8,886	20.309%	$1,805	$1,805	+7.87%
2021/22	$1,244,000	$74,640	$8,383	19.963%	$1,673	$1,673	+0.50%
2020/21	$1,509,000	$90,540	$7,910	21.045%	$1,665	$1,665	+5.36%
2019/20	$1,532,000	$91,920	$7,464	21.167%	$1,580	$1,580	+1.19%
2018/19	$1,546,000	$92,760	$7,464	20.919%	$1,561	$1,561	+3.44%
2017/18	$1,098,000	$65,880	$7,405	20.385%	$1,510	$1,510	+8.09%
2016/17	$847,000	$50,820	$6,986	19.991%	$1,397	$1,397	+8.35%

Permits

Permit information for 550 Monroe Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/11/1996	Alteration type 2
11/06/1996	Alteration type 2

*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

Stuyvesant Heights residential market stats

Access a detailed real estate market overview of Stuyvesant Heights so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Stuyvesant Heights 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

Throop Ave & Fulton St at NE Corner

Station lines

A-C

Distance (miles)

0.543

View subway map

Access the detailed traffic volume map for 550 Monroe Street, Brooklyn, NY 11221 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)
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.09
P.S. 308 Clara Cardwell	3	Yes	Public	PK, K-8	212	0.09
Ember Charter School	7	No	Charter	K-12	423	0.09
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.18
La Cima Charter School	5	No	Charter	K-5	199	0.18
The Co-Op School	NR	No	Private	K-7	118	0.20
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.29
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.29
Brooklyn Brownstone School	8	No	Public	PK, K-5	310	0.37
Brooklyn Brownstone School	8	No	Public	PK, K-5	310	0.37

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Ember Charter School	7	No	Charter	K-12	423	0.09
P.S. 308 Clara Cardwell	3	No	Public	PK, K-8	212	0.09
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.18
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.18
The Co-Op School	NR	No	Private	K-7	118	0.20
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.29
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.34
Ms 35 Stephen Decatur	7	No	Public	6-8	185	0.37
Madiba Prep Middle School	6	No	Public	6-8	201	0.39
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.41

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Boys and Girls High School	2	Yes	Public	9-12	403	0.61
Ember Charter School	7	No	Charter	K-12	423	0.09
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.29
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.34
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.34
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.48
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.49
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.58
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.59
NELSON MANDELA HIGH SCHOOL	4	No	Public	9-12	133	0.61

Frequently asked questions

What is the year built for 550 Monroe Street, Brooklyn, NY 11221?

The development at 550 Monroe Street, Brooklyn, NY 11221 was built in 1899.

What is the total square footage of 550 Monroe Street, Brooklyn, NY 11221?

550 Monroe Street, Brooklyn, NY 11221 has a total of 2,972 square feet.

What is the assessed value of 550 Monroe Street, Brooklyn, NY 11221?

550 Monroe Street, Brooklyn, NY 11221 is currently assessed at $90,120.

What are the property taxes for 550 Monroe Street, Brooklyn, NY 11221?

The property taxes for 550 Monroe Street, Brooklyn, NY 11221 total $1,996.

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.