Kings  »  11211  »  Driggs Ave  »  540 Driggs Ave

540 Driggs Avenue, Brooklyn, NY 11211 - Property report

Also known as: 540 Driggs Ave

Property image for 540 Driggs Avenue, Brooklyn, NY 11211
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Property type

Over Six Families without Stores (C1)

Year built

1910

Lot sq. ft.

2,500

Sale price

$8,933,333

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
540 Driggs Avenue
ZIP code
11211
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02320-0023

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
5,441
Building dimensions
25 ft x 52 ft
Buildings on lot
1
Stories
4
Year built
1910
Last altered
2017
Building material
Sales
Sale date
09/06/2022
Sale price
$8,933,333
Tax
Tax year
2026-2027
Property tax
$20,843
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
7
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100 ft
Lot sq. ft.
2,500

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.66 Miles
Closest fire station
0.37 Miles

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

Ownership

Ownership information for 540 Driggs Avenue, Brooklyn, NY

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

Sales history for 540 Driggs Avenue, Brooklyn, NY 11211

Sale date Sale price Buyer name Seller name
09/06/2022 $8,933,333 XXX XXXXXX XXX XXXXXX XXXXX XXX
06/15/2016 $5,200,000 XXXXXX XXXXX XXX XXXXXXXXX, XXXXXX XXX XXXXXX, XXXXXX XXX XXXXXXX, XXXXXX
06/16/2005 $175,529 XXXXXXXXX, XXXXXX XXXXXX XXXXXXXXX, XXXXXX XXX XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/13/2024 - R
09/04/2024 - D		 Both RPTT and RETT
(2024091100389013)		 XXX XXXXXX XXXXXXX XXX XXXXX XX XX XX XXX
09/19/2022 - R UCC3 Termination
(2022091500656001)		 XXXXXX XXXXX XXX XXXXXXXXX XXXX
09/12/2022 - R Initial UCC1
(2022090901019001)		 XXX XXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D		 Agreement
(2022091900303006)		 XXXXXXXXX XXXX XXX XXXXXXXX XXX
09/19/2022 - R
09/06/2022 - D		 Agreement
(2022091500656005)		 XXX XXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D		 Mortgage
(2022091500656004)		 XXX XXXXXX XXX XXXXXXXXX XXXX
09/19/2022 - R
09/06/2022 - D		 Deed
(2022091500656003)		 XXXXXX XXXXX XXX XXX XXXXXX XXX
01/03/2022 - R UCC3 Termination
(2021122100722002)		 XXXXXX XXXXX XXX XXXXXXXXX XXXX
12/17/2021 - R Initial UCC1
(2021121700758001)		 XXXXXX XXXXX XXX XXXXXXXXX XXXX
01/03/2022 - R
12/16/2021 - D		 Agreement
(2021122100722005)		 XXXXXX XXXXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 540 Driggs 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
$20,843
Municipal exemptions
Recent tax assessments
Market value
$3,034,000
Assessed value
$1,365,300

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 $2,987,000 $1,344,150 $156,182 12.439% $19,427 $19,427 +7.45%
2024/25 $2,488,800 $1,119,960 $144,638 12.5% $18,080 $18,080 -0.02%
2023/24 $2,074,000 $933,300 $144,638 12.502% $18,083 $18,083 +25.88%
2022/23 $1,930,000 $868,500 $117,099 12.267% $14,365 $14,365 +6.65%
2021/22 $1,814,000 $816,300 $110,083 12.235% $13,469 $13,469 +17.02%
2020/21 $1,749,000 $787,050 $93,832 12.267% $11,510 $11,510 +22.56%
2019/20 $1,697,000 $763,650 $75,296 12.473% $9,392 $9,392 -1.10%
2018/19 $1,563,000 $703,350 $75,296 12.612% $9,496 $9,496 +2.39%
2017/18 $1,345,000 $605,250 $72,920 12.719% $9,275 $9,275 +6.54%
2016/17 $1,174,000 $528,300 $67,523 12.892% $8,705 $8,705 +8.07%
Permits

Permit information for 540 Driggs Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/15/2024 Alteration
07/15/2021 Alteration
03/22/2021 Alteration
01/28/2021 Alteration
01/21/2021 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 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
5

Subway & traffic

Closest station
Driggs Ave & N 7th St at NE Corner
Station lines
L
Distance (miles)
0.031
View subway map

Access the detailed traffic volume map for 540 Driggs Avenue, Brooklyn, NY 11211 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 540 Driggs Avenue, Brooklyn, NY

546 Driggs Ave, Brooklyn 188 N 8th St, Brooklyn 173 N 7th St, Brooklyn 552 Driggs Ave, Brooklyn 536 Driggs Ave, Brooklyn 534 Driggs Ave, Brooklyn 530 Driggs Ave, Brooklyn 204 N 8th St, Brooklyn 180 N 8th St, Brooklyn 200 N 8th St, Brooklyn 202 N 8th St, Brooklyn 538 Driggs Ave, Brooklyn 178 N 8th St, Brooklyn 548 Driggs Ave, Brooklyn 184 N 8th St, Brooklyn 183 N 7th St, Brooklyn 167 N 7th St, Brooklyn 541 Driggs Ave, Brooklyn 176 N 8th St, Brooklyn

Nearby ZIP codes for 540 Driggs Avenue, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10009, New York City, NY 10010, New York City, NY 10016, New York City, NY 10017, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 540 Driggs Avenue, Brooklyn, NY 11211?

The development at 540 Driggs Avenue, Brooklyn, NY 11211 was built in 1910.

What is the total square footage of 540 Driggs Avenue, Brooklyn, NY 11211?

540 Driggs Avenue, Brooklyn, NY 11211 has a total of 5,441 square feet.

When was 540 Driggs Avenue, Brooklyn, NY 11211 last sold and what was the sale price?

540 Driggs Avenue, Brooklyn, NY 11211 was last sold on 09/06/2022 for $8,933,333.

What is the assessed value of 540 Driggs Avenue, Brooklyn, NY 11211?

540 Driggs Avenue, Brooklyn, NY 11211 is currently assessed at $1,365,300.

What are the property taxes for 540 Driggs Avenue, Brooklyn, NY 11211?

The property taxes for 540 Driggs Avenue, Brooklyn, NY 11211 total $20,842.

How many residential units does this building have?

This building has 7 residential unit(s).

Disclaimer

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