New York City » 11206 » Willoughby Ave » 554 Willoughby Ave

554 Willoughby Avenue, Brooklyn, NY 11206 - Property report

Also known as: 554 Willoughby Ave

Property image for 554 Willoughby Avenue, Brooklyn, NY 11206

Property type

Two Family Frame (B2)

Year built

1910

Lot sq. ft.

2,000

Sale price

$1,100,000

General information

Address

Primary address

554 Willoughby Avenue

ZIP code

11206

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01767-0027

Building

Property type

Two Family Frame (B2)

Building sq. ft.

3,489

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

1910

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

10/03/2019

Sale price

$1,100,000

Tax

Tax year

2026-2027

Property tax

$8,676

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)

Willoughby Avenue (narrow)

Nearest wide street

Marcy Avenue

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

90 /100. Walker's Paradise

Transit score

96 /100. Rider's Paradise

Bike score

87 /100. Very Bikeable

School district

Community district

Closest police station

0.34 Miles

Closest fire station

0.27 Miles

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

Ownership

Ownership information for 554 Willoughby 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 554 Willoughby Avenue, Brooklyn, NY 11206

Sale date	Sale price	Buyer name	Seller name
10/03/2019	$1,100,000	XXXXXXXXX, XXXXXX	XXXXXX XXX XXXXXXX XXXXXXXXXX XXX
06/03/2019	$480,000	XXXXXX XXX XXXXXXX XXXXXXXXXX XXX.	XXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/12/2022 - R 03/10/2022 - D	Deed (2022040501439001)	XXXXXXXXX XXXXX	XXXXX XXXXXX XXX
07/21/2021 - R 07/14/2021 - D	Zoning Lot Description (2021071501214002)	XXXXXXXXX XXXXXX
07/21/2021 - R 07/14/2021 - D	Certificate (2021071501214001)	XXXX XXXX XXX XXXX XXXXXXXX XXX
01/06/2020 - R 11/18/2019 - D	Agreement (2020010200025001)	XXXXXXXXX XXXXXX	XXXX
11/29/2019 - R 11/18/2019 - D	Mortgage (2019112700012002)	XXXXXXXXX XXXXXX	XXXX
11/29/2019 - R 11/14/2019 - D	Assignment, Mortgage (2019112700012001)	XX XXXXXXX XXX	XXXX
10/10/2019 - R 10/03/2019 - D	Mortgage (2019101000006003)	XXXXXXXXX XXXXXX	XX XXXXXXX XXX
10/10/2019 - R 10/03/2019 - D	Deed (2019101000006002)	XXXXXX XXX XXXXXXX XXXXXXXXXX XXX	XXXXXXXXX XXXXXX
10/10/2019 - R 10/02/2019 - D	Power of Attorney (2019101000006001)	XXXXXXXXX XXXXXX	XXXX XXXXXX X XXX
09/12/2019 - R 09/05/2019 - D	Satisfaction of Mortgage (2019091101271001)	XXXXX XXXX	XXXX XX XXXXXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 554 Willoughby 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

$8,676

Municipal exemptions

Recent tax assessments

Market value

$2,102,000

Assessed value

$126,120

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	$2,000,000	$120,000	$43,712	19.843%	$8,674	$8,674	-0.87%
2024/25	$1,912,000	$114,720	$43,566	20.085%	$8,750	$8,750	+13.17%
2023/24	$1,837,000	$110,220	$38,495	20.085%	$7,732	$7,732	+307.26%
2022/23	$1,427,000	$85,620	$9,348	20.309%	$1,898	$1,898	+7.50%
2021/22	$1,327,000	$79,620	$8,846	19.963%	$1,766	$1,766	-5.03%
2020/21	$1,343,000	$80,580	$8,836	21.045%	$1,860	$1,860	+0.82%
2019/20	$1,394,000	$83,640	$8,714	21.167%	$1,844	$1,844	+7.03%
2018/19	$1,119,000	$67,140	$8,238	20.919%	$1,723	$1,723	+8.52%
2017/18	$845,000	$50,700	$7,790	20.385%	$1,588	$1,588	+7.75%
2016/17	$626,000	$37,560	$7,372	19.991%	$1,474	$1,474	+2.36%

Permits

Permit information for 554 Willoughby Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
11/06/2024	Alteration CO
08/17/2023	Alteration CO
05/11/2023	Alteration
08/01/2022	Alteration CO
06/22/2022	Alteration CO

*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
	03/28/2018	B
	12/13/2017	C
	11/28/2017	C

*Most recent HPD violations on record for this property.

Neighborhood

Bedford residential market stats

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

Marcy Ave & Myrtle Ave at NE Corner

Station lines

Distance (miles)

0.147

View subway map

Access the detailed traffic volume map for 554 Willoughby Avenue, Brooklyn, NY 11206 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. 23 Carter G Woodson	5	Yes	Public	PK, K-5	222	0.04
P.S. 23 Carter G Woodson	5	Yes	Public	PK, K-5	222	0.04
Brooklyn Charter School	5	No	Charter	K-5	166	0.04
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.14
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.14
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.15
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.15
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.15
P.S. 368	NR	No	Public	PK, K-12	220	0.19
P.S. 368	NR	No	Public	PK, K-12	220	0.19

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Cong Ahavas Shulem Dna Tiferes Bnos	NR	No	Private	PK, K-9	0	0.14
George H Murray Christian Academy	NR	No	Private	PK, K-8	81	0.15
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.15
P.S. 368	NR	No	Public	PK, K-12	220	0.19
Success Academy Bed-Stuy 1	9	No	Charter	5-9	482	0.19
Success Academy - Fort Greene	10	No	Charter	5-8	180	0.25
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.33
Dr CR Johnson Christian Academy	NR	No	Private	PK, K-4, 6-8	0	0.34
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.38
Bedford Stuyvesant New Beginnings Charter School	8	No	Charter	K-8	730	0.50

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Walk In Love Christian Academy	NR	No	Private	PK, K-12	291	0.15
P.S. 368	NR	No	Public	PK, K-12	220	0.19
Walk In Cove Christian Academy	NR	No	Private	1-12	0	0.33
P.S. 373 Brooklyn Transition Center	NR	No	Public	9-12	418	0.38
Bnei Shimon Yisroel of Sopron	NR	No	Private	K-12	0	0.51
Bnei Shimon Yisroel of Sopron	NR	No	Private	PK, K-12	0	0.51
Talmud Torah Dnitra	NR	No	Private	PK, K-12	500	0.51
Brooklyn High School For Leadership And Community	1	No	Public	9-12	139	0.61
Brooklyn Community High School Communication Arts An	NR	No	Public	9-12	515	0.61
Unity Prep Charter School of Brooklyn	6	No	Charter	6-12	558	0.62

Neighbors for 554 Willoughby Avenue, Brooklyn, NY

Frequently asked questions

What is the year built for 554 Willoughby Avenue, Brooklyn, NY 11206?

The development at 554 Willoughby Avenue, Brooklyn, NY 11206 was built in 1910.

What is the total square footage of 554 Willoughby Avenue, Brooklyn, NY 11206?

554 Willoughby Avenue, Brooklyn, NY 11206 has a total of 3,489 square feet.

When was 554 Willoughby Avenue, Brooklyn, NY 11206 last sold and what was the sale price?

554 Willoughby Avenue, Brooklyn, NY 11206 was last sold on 10/03/2019 for $1,100,000.

What is the assessed value of 554 Willoughby Avenue, Brooklyn, NY 11206?

554 Willoughby Avenue, Brooklyn, NY 11206 is currently assessed at $126,120.

What are the property taxes for 554 Willoughby Avenue, Brooklyn, NY 11206?

The property taxes for 554 Willoughby Avenue, Brooklyn, NY 11206 total $8,676.

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.