| Primary address | 56 Commercial Street |
| Neighborhood | Greenpoint |
| Zip code | 11222 |
| Borough | Brooklyn |
| Block & lot | 02482-0008 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 08/16/2022 |
| Purchase price | $5,800,000 |
| Tax class | Register |
| Qualified opportunity zone | Register |
| Residential units (DOF) | 12 |
| Commercial units | 1 |
| Community district | 1 |
| Closest police station | 0.71 Miles |
| Closest fire station | 0.51 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 56 Commercial Street, Brooklyn, NY 11222 has a total of 2,779 square feet.
What is the year built & the current market value of 56 Commercial Street, Brooklyn, NY 11222?56 Commercial Street, Brooklyn, NY 11222 was built in 2024 and has a current tax assessor's market value of $278,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease. There are 2 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 11/27/2025 |
| Last updated | 05/08/2026 |
Located at the corner of Commercial and Clay Streets, 50 Commercial offers a high-profile opportunity in the heart of Greenpoint. This architecturally significant, new construction building includes 32 luxury residential units above and features floor-to-ceiling windows, providing excellent natural light and street visibility. The ±4,450 SF retail space can be divided into two units and is vent-ready, making it well-suited for retail, food & beverage, or hospitality uses. Positioned just steps from Greenpoint Landing, a 22-acre master-planned waterfront development, the property sits at the center of one of Brooklyn’s fastest-growing neighborhoods, surrounded by thousands of new residential units, expansive parks, and active retail corridors.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| #A | Retail | Listing price not available | 2,510 | Ryan Schimel Andrew Schulman |
| #B | Retail | Listing price not available | 1,940 | Ryan Schimel Andrew Schulman |
Create a free account to view the complete sales history for 56 Commercial Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 56 Commercial Street, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $5,844 |
| Tax assessor's market value: | $278,000 |
| Assessed value: | $125,100 |
Here's the assessment & property tax history for 56 Commercial Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year 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% |
The complete history of permits filed for 56 Commercial Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
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Distance to Subway
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| Closest station | Manhattan Ave & India St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | G | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.337 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Box St/Manhattan Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.091 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 56 Commercial Street, Brooklyn, NY 11222.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 12 Ash St, Brooklyn | 2,500 | 10/01/2001 | |
| 1158 Manhattan Ave, Brooklyn | 1,509 | 06/11/1999 | |
| 1115 Manhattan Ave, Brooklyn | 4,750 | 10/25/2012 | |
| 257 Franklin St, Brooklyn | 625 | ||
| 70 Commercial St, Brooklyn | 39,400 | ||
| 1117 Manhattan Ave, Brooklyn | 3,376 | 05/05/2011 | $560,000 |
| 15 Clay St, Brooklyn | 17,250 | 04/12/2025 | |
| 57 P.O. BOX St, Brooklyn | 20,000 | 03/17/2009 | $1 |
| 1154 Manhattan Ave, Brooklyn | 3,938 | 12/13/2005 | $1,225,000 |
| 1133 Manhattan Ave, Brooklyn | 208,786 | 12/31/2014 | $3,262,130 |
| 14 Ash St, Brooklyn | 5,000 | 05/31/2003 | $429,850 |
| 1116 Manhattan Ave, Brooklyn | 6,250 | 06/03/1991 | |
| 1120 Manhattan Ave, Brooklyn | 3,600 | 08/16/2010 | |
| 38 Ash St, Brooklyn | 44,756 | 02/05/1999 | |
| 29 Clay St, Brooklyn | 9,270 | 06/16/2022 | $15,129,833 |
| 1122 Manhattan Ave, Brooklyn | 6,702 | 12/01/2015 | $2,535,000 |
| 6 P.O. BOX St, Brooklyn | 9,300 | 07/07/2011 | $4,200,000 |
| 41 P.O. BOX St, Brooklyn | 34,750 | 11/09/1981 |
