New York City  »  11211  »  Metropolitan Ave  »  554 Metropolitan Ave

554 Metropolitan Avenue, Brooklyn, NY 11211 - Property report

Also known as: 554 Rear Metropolitan Ave

Property image for 554 Metropolitan Avenue, Brooklyn, NY 11211
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Property type

Old Law Tenement (C4)

Year built

1920

Lot sq. ft.

2,736

Sale price

$15,500,000

General information

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Address
Primary address
554 Metropolitan Avenue
Alternate address(es)
554 Rear Metropolitan Ave
ZIP code
11211
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02761-0021

Owner

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Building
Property type
Old Law Tenement (C4)
Building sq. ft.
4,866
Building dimensions
24.33 ft x 50 ft
Buildings on lot
2
Stories
4
Year built
1920
Sales
Sale date
11/20/2024
Sale price
$15,500,000 - M
Tax
Tax year
2026-2027
Property tax
$18,080
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Commercial units
2
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Metropolitan Avenue (wide)
Distance to wide street
Lot dimensions
24.67 ft x 114.17 ft
Lot sq. ft.
2,736

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.89 Miles
Closest fire station
0.32 Miles

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Ownership information for 554 Metropolitan Avenue, Brooklyn, NY

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

Sales history for 554 Metropolitan Avenue, Brooklyn, NY 11211

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/23/2024 - R Initial UCC1
(2024112700785005)
XXX XXXXX XXX XXX XXXXXXX XXXXXXXX XXXX
12/23/2024 - R
11/20/2024 - D
Assignment of Leases and Rents
(2024112700785002)
XXX XXXXX XXX XXX XXXXXXX XXXXXXXX XXXX
12/23/2024 - R
11/20/2024 - D
Mortgage
(2024112700785001)
XXX XXXXX XXX XXX XXXXXXX XXXXXXXX XXXX
12/16/2024 - R
11/20/2024 - D
Deed
(2024112200374002)
XXX XXXXX XXX XXX XXXXX XXX XXX
02/08/2024 - R
12/20/2023 - D
Deed
(2024020700641001)
XXXXXXX XXXXXXXXXX XXX XXX XXXXX XXX
03/26/2001 - R
03/01/2001 - D
Deed
(3360007574836)
XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXX XXX
10/02/2000 - R Mortgage
(3010007352501)
XXXXXXX XXXXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XX
01/18/1982 - R Satisfaction of Mortgage
(3350000896335)
XXXXXXXXX XXXXX XXXXXXXX XXXXXXX
06/17/1976 - R Deed
(37630085300411)
XXXXXXXXXX XXXXXX XXXXXXX XXXXXXXXXX
06/17/1976 - R Deed
(37630085300409)
XXXXXXXXXX XXXXXX XXXXXXX XXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 554 Metropolitan 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
$18,080
Municipal exemptions
Recent tax assessments
Market value
$2,779,000
Assessed value
$1,250,550

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 $2,316,000 $1,042,200 $134,592 12.439% $16,742 $16,742 +2.77%
2024/25 $1,979,000 $890,550 $130,325 12.5% $16,291 $16,291 +7.94%
2023/24 $1,837,000 $826,650 $120,721 12.502% $15,093 $15,093 +10.04%
2022/23 $1,803,000 $811,350 $111,810 12.267% $13,716 $13,716 +0.26%
2021/22 $1,699,000 $764,550 $111,810 12.235% $13,680 $13,680 +7.71%
2020/21 $1,854,000 $834,300 $103,532 12.267% $12,700 $12,700 +1.57%
2019/20 $1,592,400 $716,580 $100,250 12.473% $12,504 $12,504 +6.77%
2018/19 $1,327,000 $597,150 $92,862 12.612% $11,712 $11,712 +7.06%
2017/18 $1,142,000 $513,900 $86,008 12.719% $10,939 $10,939 -1.34%
2016/17 $1,046,000 $470,700 $86,008 12.892% $11,088 $11,088 +8.07%

Permit information for 554 Metropolitan Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/04/2026 Alteration
04/27/2026 New building
04/15/2026 Alteration type 3
04/13/2026 New building
03/02/2026 New building

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/05/2026 A
11/19/2025 I
06/10/2025 A

*Most recent HPD violations on record for this property.

North Side, South Side residential market stats

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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Lorimer St & Metropolitan Ave at SE Corner
Station lines
G-L
Distance (miles)
0.059

Access the detailed traffic volume map for 554 Metropolitan 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 17 Henry D Woodworth 4 Yes Public PK, K-5 202 0.37
P.S. 17 Henry D Woodworth 4 Yes Public PK, K-5 202 0.37
Williamsburg Northside School NR No Private PK-8 372 0.16
Williamsburg Northside School NR No Private PK-8 372 0.16
Northside Catholic Academy NR No Private PK, K-8 103 0.23
Northside Catholic Academy NR No Private PK, K-8 103 0.23
P.S. 132 The Conselyea School 6 No Public PK, K-5 578 0.25
P.S. 132 The Conselyea School 6 No Public PK, K-5 578 0.25
P.S. 18 Edward Bush 1 No Public PK, K-5 170 0.28
P.S. 18 Edward Bush 1 No Public PK, K-5 170 0.28
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Williamsburg Northside School NR No Private PK-8 372 0.16
Northside Catholic Academy NR No Private PK, K-8 103 0.23
Conselyea Preparatory School 7 No Public 6-8 429 0.37
Lyons Community School 3 No Public 6-12 383 0.43
John Ericsson Middle School 126 5 No Public 6-8 177 0.44
Bnos Chayil NR No Private PK-12 977 0.47
Jhs 50 John D Wells 7 No Public 6-8 355 0.50
Talmud Torah Of Kasho NR No Private PK-11 366 0.53
Ss Joseph & Dominic Academy NR No Private PK, K-8 256 0.57
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Williamsburg High School for Architecture and Design 7 No Public 9-12 598 0.28
Williamsburg Preparatory School 7 No Public 9-12 687 0.28
Brooklyn Preparatory High School 5 No Public 9-12 555 0.28
Williamsburg High School of Art and Technology (The) 6 No Public 9-12 408 0.43
Brooklyn Latin School 9 No Public 9-12 800 0.43
Lyons Community School 3 No Public 6-12 383 0.43
Cong. Darkei Tshivo of Dinov NR No Private 9-12 210 0.44
Northside Charter High School 3 No Charter 9-12 401 0.44
Bnos Chayil NR No Private PK-12 977 0.47
Talmud Torah Of Kasho NR No Private PK-11 366 0.53

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 554 Metropolitan Avenue, Brooklyn, NY 11211?

The development at 554 Metropolitan Avenue, Brooklyn, NY 11211 was built in 1920.

What is the total square footage of 554 Metropolitan Avenue, Brooklyn, NY 11211?

554 Metropolitan Avenue, Brooklyn, NY 11211 has a total of 4,866 square feet.

When was 554 Metropolitan Avenue, Brooklyn, NY 11211 last sold and what was the sale price?

554 Metropolitan Avenue, Brooklyn, NY 11211 was last sold on 11/20/2024 for $15,500,000.

What is the assessed value of 554 Metropolitan Avenue, Brooklyn, NY 11211?

554 Metropolitan Avenue, Brooklyn, NY 11211 is currently assessed at $1,250,550.

What are the property taxes for 554 Metropolitan Avenue, Brooklyn, NY 11211?

The property taxes for 554 Metropolitan Avenue, Brooklyn, NY 11211 total $18,080.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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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.

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