New York City  »  11221  »  Knickerbocker Ave  »  551 Knickerbocker Ave

551 Knickerbocker Avenue, Brooklyn, NY 11221 - Property report

Also known as: 551 Knickerbocker Ave

Property image for 551 Knickerbocker Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1931

Lot sq. ft.

1,600

Sale price

$1,490,000

General information

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Address
Primary address
551 Knickerbocker Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03335-0006

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
3,300
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
01/11/2021
Sale price
$1,490,000
Tax
Tax year
2026-2027
Property tax
$10,147
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 80 ft
Lot sq. ft.
1,600

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
32
Community district
4
Closest police station
0.12 Miles
Closest fire station
0.05 Miles

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

Ownership information for 551 Knickerbocker Avenue, Brooklyn, NY

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

Sales history for 551 Knickerbocker Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
01/11/2021 $1,490,000 XXXXXX XXXXX XXXXXX XXX XXX XXXXXXXX XXX
06/20/2019 $1,040,000 XXX XXXXXXXX XXX XXXXXXX X XXXXX, XXX. , XX XXXXXXX
02/27/2004 $185,000 XXXXXXXX, XXXXXXX XXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/21/2025 - R UCC3 Continuation
(2025112100290001)
XXXXXX XXXXX XXXXXX XXX XXXXXX XXXX
01/20/2021 - R Initial UCC1
(2021011501279001)
XXXXXX XXXXX XXXXXX XXX XXXXXX XXXX
02/02/2021 - R
01/11/2021 - D
Assignment of Leases and Rents
(2021012601265006)
XXXXXX XXXXX XXXXXX XXX XXXXXX XXXX
02/02/2021 - R
01/11/2021 - D
Agreement
(2021012601265005)
XXXXXX XXXXX XXXXXX XXX XXXXXX XXXX
02/02/2021 - R
01/11/2021 - D
Mortgage
(2021012601265004)
XXXXXX XXXXX XXXXXX XXX XXXXXX XXXX
02/02/2021 - R
01/11/2021 - D
Assignment, Mortgage
(2021012601265003)
XXXXXX XXXXXXXX XXX XXXXXX XXXX
02/02/2021 - R
01/11/2021 - D
Deed
(2021012601265001)
XXX XXXXXXXX XXX XXXXXX XXXXX XXXXXX XXX
02/02/2021 - R
12/27/2020 - D
Assignment, Mortgage
(2021012601265002)
XXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX XXXXXX XXXXXXXX XXX
07/31/2019 - R
06/20/2019 - D
Assignment, Mortgage
(2019071901186003)
XXXXXX XXXXXXXX XXX XXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX
07/31/2019 - R
06/20/2019 - D
Mortgage
(2019071901186002)
XXX XXXXXXXX XXX XXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 551 Knickerbocker 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
$10,147
Municipal exemptions
Recent tax assessments
Market value
$933,000
Assessed value
$419,850

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 $824,000 $370,800 $81,571 12.439% $10,147 $10,147 +2.75%
2024/25 $824,400 $370,980 $78,998 12.5% $9,875 $9,875 +7.96%
2023/24 $687,000 $309,150 $73,160 12.502% $9,146 $9,146 +10.03%
2022/23 $799,000 $359,550 $67,765 12.267% $8,313 $8,313 +8.28%
2021/22 $639,000 $287,550 $62,747 12.235% $7,677 $7,677 -0.26%
2020/21 $677,000 $304,650 $62,747 12.267% $7,697 $7,697 +1.55%
2019/20 $564,000 $253,800 $60,768 12.473% $7,580 $7,580 +6.79%
2018/19 $470,000 $211,500 $56,277 12.612% $7,098 $7,098 +7.05%
2017/18 $432,000 $194,400 $52,127 12.719% $6,630 $6,630 +6.55%
2016/17 $382,000 $171,900 $48,267 12.892% $6,223 $6,223 +0.07%

Permit information for 551 Knickerbocker Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/24/2025 Alteration
06/25/2024 Alteration
01/28/2020 Alteration
10/06/2019 Alteration
09/27/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Myrtle Ave & Greene Ave at NW Corner
Station lines
M
Distance (miles)
0.209

Access the detailed traffic volume map for 551 Knickerbocker Avenue, Brooklyn, NY 11221 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

Frequently asked questions

What is the year built for 551 Knickerbocker Avenue, Brooklyn, NY 11221?

The development at 551 Knickerbocker Avenue, Brooklyn, NY 11221 was built in 1931.

What is the market value of 551 Knickerbocker Avenue, Brooklyn, NY 11221?

The current market value of 551 Knickerbocker Avenue, Brooklyn, NY 11221 is $933,000.

What is the total square footage of 551 Knickerbocker Avenue, Brooklyn, NY 11221?

551 Knickerbocker Avenue, Brooklyn, NY 11221 has a total of 3,300 square feet.

What is the price per square foot for this property?

$451 per square foot is the price for 551 Knickerbocker Avenue, Brooklyn, NY 11221.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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