Kings  »  11222  »  Commercial St  »  56 Commercial St

56 Commercial Street, Brooklyn, NY 11222 - Property report

Also known as: 56 Commercial St

Property image for 56 Commercial Street, Brooklyn, NY 11222
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Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2024

Lot sq. ft.

2,779

Sale price

$5,800,000 - M

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
56 Commercial Street
ZIP code
11222
Borough
Brooklyn
Block & lot
02482-0008

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
2,779
Building dimensions
50.12 ft x 61.94 ft
Buildings on lot
1
Stories
5
Year built
2024
Building material
Sales
Sale date
08/16/2022
Sale price
$5,800,000 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
12
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.08 ft x 49.17 ft
Lot sq. ft.
2,779

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
Community district
1
Closest police station
0.71 Miles
Closest fire station
0.51 Miles

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Ownership

Ownership information for 56 Commercial Street, Brooklyn, NY

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

Sales history for 56 Commercial Street, Brooklyn, NY 11222

Sale date Sale price Buyer name Seller name
08/16/2022 $5,800,000 XXXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXX XXXXX XXX
07/21/2017 $6,000,000 XXXXXXXXXX XXXXXXXXXXX XXXXX XXX XXXXXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/22/2025 - R
04/12/2025 - D		 Deed
(2025041500730001)		 XXXXXX XXXXXX XXX XXXXXX XXXXXX XXX
07/11/2025 - R
02/28/2025 - D		 Certificate
(2025062500963001)		 XXXXXX XXXXXX XXX XXXXXX
10/04/2024 - R
08/19/2024 - D		 Easement
(2024100200550001)		 XXXXXX XXXXXX XXX X X X XXXXXXXXXX XX XXXXXXXXXXXXX XXXXXXXXXXXX
02/20/2024 - R UCC3 Termination
(2024022000190001)		 XXXXXX XXXXXX XXX XXXXXX XXXXXX XX XXX
03/18/2024 - R
02/15/2024 - D		 Agreement
(2024022900425004)		 XXXXX XXXX XXXX XX XXX XXXX
03/18/2024 - R
02/15/2024 - D		 Agreement
(2024022900425003)		 XXXXXX XXXXXX XXX XXXX XX XXX XXXX
03/18/2024 - R
02/15/2024 - D		 Assignment of Leases and Rents
(2024022900425002)		 XXXXXX XXXXXX XXX XXXXX XXXX
03/18/2024 - R
02/15/2024 - D		 Mortgage
(2024022900425001)		 XXXXXX XXXXXX XXX XXXXX XXXX
02/20/2024 - R
02/15/2024 - D		 Assignment of Leases and Rents
(2024022000190006)		 XXXXXX XXXXXX XXX XXXXX XXXX
02/20/2024 - R
02/15/2024 - D		 Agreement
(2024022000190005)		 XXXXXX XXXXXX XXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 56 Commercial Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

This property currently has a zero assessment. No calculation of property tax can therefore be made.

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 $278,000 $125,100 $46,980 12.439% $5,844 $5,844 +69.02%
2024/25 $72,000 $32,400 $32,127 10.762% $3,458 $3,458 +3.63%
2023/24 $70,000 $31,500 $31,500 10.592% $3,336 $3,336 +2.45%
2022/23 $67,980 $30,591 $30,591 10.646% $3,257 $3,257 +1.96%
2021/22 $66,000 $29,700 $29,700 10.755% $3,194 $3,194 -13.80%
2020/21 $81,000 $36,450 $34,650 10.694% $3,705 $3,705 +4.20%
2019/20 $79,000 $35,550 $33,750 10.537% $3,556 $3,556 +3.53%
2018/19 $77,000 $34,650 $32,670 10.514% $3,435 $3,435 +2.83%
2017/18 $75,000 $33,750 $31,770 10.514% $3,340 $3,340 -0.28%
2016/17 $73,000 $32,850 $31,680 10.574% $3,350 $3,350 -1.05%
Permits

Permit information for 56 Commercial Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/04/2022 Full demolition

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Neighbors for 56 Commercial Street, Brooklyn, NY

12 Ash St, Brooklyn 1158 Manhattan Ave, Brooklyn 1115 Manhattan Ave, Brooklyn 257 Franklin St, Brooklyn 70 Commercial St, Brooklyn 1117 Manhattan Ave, Brooklyn 15 Clay St, Brooklyn 57 P.O. BOX St, Brooklyn 1154 Manhattan Ave, Brooklyn 1133 Manhattan Ave, Brooklyn 14 Ash St, Brooklyn 1116 Manhattan Ave, Brooklyn 1120 Manhattan Ave, Brooklyn 38 Ash St, Brooklyn 29 Clay St, Brooklyn 1122 Manhattan Ave, Brooklyn 6 P.O. BOX St, Brooklyn 41 P.O. BOX St, Brooklyn

Nearby ZIP codes for 56 Commercial Street, Brooklyn, NY

10009, New York City, NY 10010, New York City, NY 10016, New York City, NY 10017, New York City, NY 10022, New York City, NY 10044, New York City, NY 10167, New York City, NY 10170, New York City, NY 10172, New York City, NY 10174, New York City, NY 11101, New York City, NY 11104, New York City, NY 11106, New York City, NY 11109, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11237, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the year built for 56 Commercial Street, Brooklyn, NY 11222?

The development at 56 Commercial Street, Brooklyn, NY 11222 was built in 2024.

What is the total square footage of 56 Commercial Street, Brooklyn, NY 11222?

56 Commercial Street, Brooklyn, NY 11222 has a total of 2,779 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 56 Commercial Street, Brooklyn, NY 11222 have?

This address has 2 active listing(s).

Disclaimer

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