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551 Chester Street, Brooklyn, NY 11212 Property Information

551 Chester Street, Brooklyn, NY 11212 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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551 Chester Street, Brooklyn, NY 11212 1
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Address

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

Sales & Tax Overview for 551 Chester Street, Brooklyn

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Tax class
Estimated property tax $6,087

Lot & Building Information for 551 Chester Street, Brooklyn

Lot sqft 3,750
Lot dimensions 37.5 ft x 100 ft
Building class Five to Six Families (C2) i
Building sqft 6,150
Building dimensions 25 ft x 82 ft
Buildings on lot 1
Stories 3
Year built 1930
Construction type
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Zoning & Use for 551 Chester Street, Brooklyn

Zoning
Residential units (DOF) 6
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 23
Community district 16
Closest police station 0.67 Miles
Closest fire station 0.51 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 551 Chester Street, Brooklyn

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Floor area ratio (FAR) for 551 Chester Street, Brooklyn, NY 11212, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 551 Chester Street, Brooklyn, NY 11212, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 551 Chester Street, Brooklyn

What is the year built & the total sq. ft. for 551 Chester Street, Brooklyn, NY 11212?

551 Chester Street, Brooklyn, NY 11212 was built in 1930 and has a total of 6,150 square feet.

What is the assessed value of 551 Chester Street, Brooklyn, NY 11212 and the property tax paid?

Assessed at $344,700, the tax amount paid for 551 Chester Street, Brooklyn, NY 11212 is $6,087. For the next year, the tax amount for 551 Chester Street, Brooklyn, NY 11212 is estimated at $6,087.

When was 551 Chester Street, Brooklyn, NY 11212 last sold?

551 Chester Street, Brooklyn, NY 11212 was last sold in 06/29/1993.

How many residential units does this building have?

This building has 6 residential unit(s).

Ownership Information for 551 Chester Street, Brooklyn

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Property owner name for 551 Chester Street, Brooklyn, NY 11212
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Building contacts for 551 Chester Street, Brooklyn, NY 11212
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 551 Chester Street, Brooklyn

Create a free account to view the complete sales history for 551 Chester Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 551 Chester Street, Brooklyn

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.

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

Property Taxes for 551 Chester Street, Brooklyn

Access detailed property tax data for 551 Chester Street, Brooklyn, NY 11212. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,088
Estimated property tax: $6,087
Tax assessor's market value: $766,000
Assessed value: $344,700

Assessment History for 551 Chester Street, Brooklyn

Here's the assessment & property tax history for 551 Chester 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 $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%

Permits for 551 Chester Street, Brooklyn

The complete history of permits filed for 551 Chester 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.

Filing date Job type Job status Job description Initial cost
03/29/2005 Alteration type 1
         
         
         
         
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Brooklyn Commercial Market Stats

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.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station Rockaway Ave & Livonia Ave at SE Corner
Station lines 3
Distance (miles) 0.302
View subway map
Bus Routes
Name Rockaway Av/Lott Av
Line B60
Distance (miles) 0.037

Neighbors for 551 Chester Street, Brooklyn

Here are the neighbors for 551 Chester Street, Brooklyn, NY 11212.

Address Square feet Purchase date Purchase price
539 Chester St, Brooklyn 2,952 03/27/2017 $40,000
546 Chester St, Brooklyn 1,808 06/18/2014 $5,942,670
531 Chester St, Brooklyn 3,480 06/24/2024 $800,000
517 Chester St, Brooklyn 2,128 09/20/2005 $505,000
533 Chester St, Brooklyn 2,952 07/18/2018 $800,000
519 Chester St, Brooklyn 2,128 06/18/2014 $5,942,670
554 Chester St, Brooklyn 1,808 05/31/2013 $355,140
542 Chester St, Brooklyn 2,460 12/12/2025
543 Chester St, Brooklyn 2,952 03/13/2010
537 Chester St, Brooklyn 2,952 04/28/2016 $675,000
523 Chester St, Brooklyn 2,128 03/06/2017
550 Chester St, Brooklyn 1,808 08/15/2012
521 Chester St, Brooklyn 2,256 08/11/2010 $335,000
540 Chester St, Brooklyn 2,950 02/04/2020
536 Chester St, Brooklyn 1,920 03/23/2022
532 Chester St, Brooklyn 6,000 02/26/2009
874 Rockaway Ave, Brooklyn 2,600
528 Chester St, Brooklyn 2,700 10/23/2002 $230,000
547 Chester St, Brooklyn 6,150 08/09/1990
548 Chester St, Brooklyn 1,808 08/09/2023 $660,000
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