New York City  »  11212  »  Watkins St  »  550 Watkins St

550 Watkins Street, Brooklyn, NY 11212 Property Information

550 Watkins Street, Brooklyn, NY 11212 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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550 Watkins Street, Brooklyn, NY 11212
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Address

Primary address 550 Watkins Street
Secondary address 536 Watkins St
Neighborhood Brownsville
Zip code 11212
Borough Brooklyn
Block & lot 03617-0025

Sales & Tax Overview for 550 Watkins Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/23/2008
Purchase price $5
Tax class

Lot & Building Information for 550 Watkins Street, Brooklyn

Lot sqft 25,867
Lot dimensions 100 ft x 258.67 ft
Building class Over Six Families without Stores (C1) i
Building sqft 53,864
Building dimensions 259 ft x 100 ft
Buildings on lot 7
Stories 4
Year built 2009
Construction type
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Zoning & Use for 550 Watkins Street, Brooklyn

Zoning
Residential units (DOF) 56
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 23
Community district 16
Closest police station 0.72 Miles
Closest fire station 0.64 Miles

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

Other Property Data for 550 Watkins Street, Brooklyn

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Floor area ratio (FAR) for 550 Watkins 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 550 Watkins Street, Brooklyn, NY 11212, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 536 Watkins St, Brooklyn, NY 11212
  • 540 Watkins St, Brooklyn, NY 11212
  • 544 Watkins St, Brooklyn, NY 11212
  • 548 Watkins St, Brooklyn, NY 11212
  • 552 Watkins St, Brooklyn, NY 11212
  • 556 Watkins St, Brooklyn, NY 11212
  • 560 Watkins St, Brooklyn, NY 11212

About 550 Watkins Street, Brooklyn

What is the year built & the total sq. ft. for 550 Watkins Street, Brooklyn, NY 11212?

550 Watkins Street, Brooklyn, NY 11212 was built in 2009 and has a total of 53,864 square feet.

What is the assessed value of 550 Watkins Street, Brooklyn, NY 11212?

The assessed market value for the current tax year is $2,589,300.

When was 550 Watkins Street, Brooklyn, NY 11212 last sold and what was the last sale price?

550 Watkins Street, Brooklyn, NY 11212 was last sold in 12/23/2008 for $5.

How many residential units does this building have?

This building has 56 residential unit(s).

Ownership Information for 550 Watkins Street, Brooklyn

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Property owner name for 550 Watkins Street, Brooklyn, NY 11212
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Building contacts for 550 Watkins 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 550 Watkins Street, Brooklyn

Create a free account to view the complete sales history for 550 Watkins Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/23/2008 $5

Title Documents for 550 Watkins 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
11/30/2011 - D
12/12/2011 - R
Agreement
(2011120101126001)
08/25/2011 - D
09/26/2011 - R
Agreement
(2011090300044007)
08/25/2011 - D
09/26/2011 - R
Mortgage
(2011090300044006)
08/25/2011 - D
09/26/2011 - R
Assignment, Mortgage
(2011090300044005)
08/25/2011 - D
09/26/2011 - R
Agreement
(2011090300044004)
08/25/2011 - D
09/26/2011 - R
Assignment, Mortgage
(2011090300044003)
08/25/2011 - D
09/26/2011 - R
Agreement
(2011090300044002)
07/29/2011 - D
09/26/2011 - R
Sundry Miscellaneous
(2011090300044001)
05/01/2009 - D
05/28/2009 - R
Sundry Agreement
(2009052101250001)
02/06/2009 - D
03/02/2009 - R
Zoning Lot Description
(2009022500074002)
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R: Recorded date
D: Document date

Property Taxes for 550 Watkins Street, Brooklyn

Access detailed property tax data for 550 Watkins 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: $0
Tax assessor's market value: $5,754,000
Assessed value: $2,589,300
Exemptions granted by city:

Assessment History for 550 Watkins Street, Brooklyn

Here's the assessment & property tax history for 550 Watkins 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 $5,754,000 $2,589,300 $0 12.439% $243,234 $0 n/a
2024/25 $4,870,000 $2,191,500 $0 12.5% $222,489 $0 n/a
2023/24 $4,826,000 $2,171,700 $0 12.502% $215,486 $0 n/a
2022/23 $4,586,000 $2,063,700 $0 12.267% $195,124 $0 n/a
2021/22 $3,390,000 $1,525,500 $0 12.235% $175,146 $0 n/a

Permits for 550 Watkins Street, Brooklyn

The complete history of permits filed for 550 Watkins 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
08/06/2010 Alteration type 2
08/06/2010 Alteration type 2
04/21/2010 Alteration type 3
04/21/2010 Alteration type 3
07/08/2009 Alteration type 3
07/08/2009 Alteration type 3
07/08/2009 Alteration type 3
07/08/2009 Alteration type 3
03/18/2009 Alteration type 2
03/18/2009 Alteration type 2
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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) 0.294
View subway map
Bus Routes
Name Rockaway Av/Lott Av
Line B60
Distance (miles) 0.133

Neighbors for 550 Watkins Street, Brooklyn

Here are the neighbors for 550 Watkins Street, Brooklyn, NY 11212.

Address Square feet Purchase date Purchase price
565 Watkins St, Brooklyn 1,116 09/27/2001
557 Watkins St, Brooklyn 1,116 07/15/2009 $325,000
507 Osborn St, Brooklyn 54,858 01/22/2026 $26,716,323
842 Rockaway Ave, Brooklyn 12,000 01/31/2012 $2,059,688
559 Watkins St, Brooklyn 1,116 10/11/1985
252 Newport St, Brooklyn 69,000 06/24/2021 $16,638,750
571 Watkins St, Brooklyn 1,148 02/15/2024 $500,000
495 Osborn St, Brooklyn
165-167 Lott Ave, Brooklyn 101,127 06/30/2016 $27,531,563
864 Rockaway Ave, Brooklyn 5,364 12/20/2012 $850,000
525 Chester St, Brooklyn 2,128 12/08/2020 $900,000
561 Watkins St, Brooklyn 1,116 11/08/1990
555 Watkins St, Brooklyn 1,116 10/11/1985
860 Rockaway Ave, Brooklyn
854 Rockaway Ave, Brooklyn 10,044 02/28/2013 $850,000
563 Watkins St, Brooklyn 1,116 10/11/1985
553 Watkins St, Brooklyn 1,116 09/12/2018 $515,000
830 Rockaway Ave, Brooklyn 8,000 01/31/2012 $2,059,688
569 Watkins St, Brooklyn 1,116 03/12/2020
567 Watkins St, Brooklyn 1,116 07/28/2025
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