Kings  »  11212  »  Chester St  »  551 Chester St

551 Chester Street, Brooklyn, NY 11212 - Property report

Also known as: 551 Chester St

Property image for 551 Chester Street, Brooklyn, NY 11212
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1930

Lot sq. ft.

3,750

General information

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Address
Primary address
551 Chester Street
ZIP code
11212
Neighborhood
Brownsville
Borough
Brooklyn
Block & lot
03614-0011

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
6,150
Building dimensions
25 ft x 82 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Tax
Tax year
2026-2027
Property tax
$6,088
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
37.5 ft x 100 ft
Lot sq. ft.
3,750

Area overview

Walk score
81 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
66 /100.  Bikeable
School district
23
Community district
16
Closest police station
0.67 Miles
Closest fire station
0.51 Miles

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

Ownership information for 551 Chester Street, Brooklyn, NY

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

Sales history for 551 Chester Street, Brooklyn, NY 11212

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/02/2025 - R
09/16/2025 - D
Tax Lien Sale Certificate
(2025100100514001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
03/04/2022 - R
02/24/2022 - D
Tax Lien Sale Certificate
(2022030300010001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/15/2017 - R
08/10/2017 - D
Tax Lien Sale Certificate
(2017081401064001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/24/2016 - R
08/10/2016 - D
Tax Lien Sale Certificate
(2016082301232001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/02/1993 - R Mortgage
(3280001789728)
XXXXXXX XXXXXX XXX XXXX XXXX
08/02/1993 - R
06/29/1993 - D
Deed
(3270001789727)
XXXX XXXX XXXXXXX XXXXXX XXX
07/28/1986 - R Mortgage
(3980001185498)
XXXX XXXX XXXX XX XXX XXXX
07/28/1986 - R
05/30/1986 - D
Deed
(3970001185497)
XXXX XX XXX XXXX XXXX XXXX
05/17/1983 - D
05/17/1983 - R
Deed
(FT_3860000959686)
05/31/1977 - R Mortgage
(37730092201482)
XXXXXXXX XXXXXXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 551 Chester Street, 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
$6,088
Municipal exemptions
Recent tax assessments
Market value
$853,000
Assessed value
$383,850

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 $766,000 $344,700 $48,939 12.439% $6,088 $6,088 +6.48%
2024/25 $638,000 $287,100 $45,735 12.5% $5,717 $5,717 +7.97%
2023/24 $599,000 $269,550 $42,351 12.502% $5,295 $5,295 +6.16%
2022/23 $620,000 $279,000 $40,656 12.267% $4,987 $4,987 +8.28%
2021/22 $530,000 $238,500 $37,645 12.235% $4,606 $4,606 -0.26%
2020/21 $630,000 $283,500 $37,645 12.267% $4,618 $4,618 +5.24%
2019/20 $562,000 $252,900 $35,181 12.473% $4,388 $4,388 +6.80%
2018/19 $474,000 $213,300 $32,578 12.612% $4,109 $4,109 +3.29%
2017/18 $421,000 $189,450 $31,274 12.719% $3,978 $3,978 +6.55%
2016/17 $402,000 $180,900 $28,958 12.892% $3,733 $3,733 +0.07%

Permit information for 551 Chester Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/29/2005 Alteration type 1

*Most recent permit on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/17/2005 Ub-unsafe buildings

*Most recent DOB violation 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
5

Subway & traffic

Closest station
Rockaway Ave & Livonia Ave at SE Corner
Station lines
3
Distance (miles)
0.302

Access the detailed traffic volume map for 551 Chester Street, Brooklyn, NY 11212 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 Chester Street, Brooklyn, NY 11212?

The development at 551 Chester Street, Brooklyn, NY 11212 was built in 1930.

What is the total square footage of 551 Chester Street, Brooklyn, NY 11212?

551 Chester Street, Brooklyn, NY 11212 has a total of 6,150 square feet.

What is the assessed value of 551 Chester Street, Brooklyn, NY 11212?

551 Chester Street, Brooklyn, NY 11212 is currently assessed at $383,850.

What are the property taxes for 551 Chester Street, Brooklyn, NY 11212?

The property taxes for 551 Chester Street, Brooklyn, NY 11212 total $6,087.

How many residential units does this building have?

This building has 6 residential unit(s).

Disclaimer

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