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

550 Watkins Street, Brooklyn, NY 11212 - Property report

Also known as: 536 Watkins St

Property image for 550 Watkins Street, Brooklyn, NY 11212
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Property type

Over Six Families without Stores (C1)

Year built

2009

Lot sq. ft.

25,867

Sale price

$5

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
550 Watkins Street
Alternate address(es)
536 Watkins St
540 Watkins St
544 Watkins St
Show all
ZIP code
11212
Neighborhood
Brownsville
Borough
Brooklyn
Block & lot
03617-0025

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
53,864
Building dimensions
259 ft x 100 ft
Buildings on lot
7
Stories
4
Year built
2009
Building material
Sales
Sale date
12/23/2008
Sale price
$5 - M
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
56
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 258.67 ft
Lot sq. ft.
25,867

Area overview

Walk score
69 /100.  Somewhat Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
67 /100.  Bikeable
School district
23
Community district
16
Closest police station
0.72 Miles
Closest fire station
0.64 Miles

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

Ownership

Ownership information for 550 Watkins Street, Brooklyn, NY

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

Sales history for 550 Watkins Street, Brooklyn, NY 11212

Sale date Sale price Buyer name Seller name
12/23/2008 $5 XXX XXXXXXX X X XXX X XX X XXXX X X , XX X XXX XXXX XX XXX XXXX, XXX X XX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/12/2011 - R
11/30/2011 - D		 Agreement
(2011120101126001)		 XXX XXXXXXX XXXXXX XXXXXXX XX X XXXX XXXXXXX XX X XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/26/2011 - R
08/25/2011 - D		 Agreement
(2011090300044007)		 XXX XXXXXXX XXXXXX XXX XXX XXXX XX XXX XXXX
09/26/2011 - R
08/25/2011 - D		 Mortgage
(2011090300044006)		 XXX XXXXXXX XXXXXX XXX XXX XXXX XX XXX XXXX
09/26/2011 - R
08/25/2011 - D		 Assignment, Mortgage
(2011090300044005)		 XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX
09/26/2011 - R
08/25/2011 - D		 Agreement
(2011090300044004)		 XXX XXXXXXX XXXXXX XXXX XX X XXX XXXX XX XXX XXXX
09/26/2011 - R
08/25/2011 - D		 Assignment, Mortgage
(2011090300044003)		 XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX
09/26/2011 - R
08/25/2011 - D		 Agreement
(2011090300044002)		 XXX XXXXXXX XXXXXX XXXX XX X XXX XXXX XXXX XXXXXXX XXXXXXXXXXX XXXXXXXXXXX
09/26/2011 - R
07/29/2011 - D		 Sundry Miscellaneous
(2011090300044001)		 XXX XXXX XX XXX XXXX XXX XXXXXXX XXXXXX XXXX XX X
05/28/2009 - R
05/01/2009 - D		 Sundry Agreement
(2009052101250001)		 XXX XXXXXXX XXXXXX XXX
03/02/2009 - R
02/06/2009 - D		 Zoning Lot Description
(2009022500074002)		 XXX XXXXXXX XXXXXX XXXXXXX XX X XXXX XXXXXXX XX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 550 Watkins 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
Municipal exemptions
Recent tax assessments
Market value
$4,827,000
Assessed value
$2,172,150

More about New York City property taxes

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 $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
2020/21 $3,804,000 $1,711,800 $0 12.267% $165,723 $0 n/a
2019/20 $3,274,000 $1,473,300 $0 12.473% $152,981 $0 n/a
2018/19 $2,955,000 $1,329,750 $0 12.612% $144,950 $0 n/a
2017/18 $2,818,000 $1,268,100 $0 12.719% $136,152 $0 n/a
2016/17 $2,495,000 $1,122,750 $0 12.892% $135,381 $0 n/a
Permits

Permit information for 550 Watkins Street, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

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)
0.294
View subway map

Access the detailed traffic volume map for 550 Watkins 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

Neighbors for 550 Watkins Street, Brooklyn, NY

565 Watkins St, Brooklyn 557 Watkins St, Brooklyn 507 Osborn St, Brooklyn 842 Rockaway Ave, Brooklyn 559 Watkins St, Brooklyn 252 Newport St, Brooklyn 571 Watkins St, Brooklyn 495 Osborn St, Brooklyn 165 Lott Ave, Brooklyn 864 Rockaway Ave, Brooklyn 525 Chester St, Brooklyn 561 Watkins St, Brooklyn 555 Watkins St, Brooklyn 860 Rockaway Ave, Brooklyn 854 Rockaway Ave, Brooklyn 563 Watkins St, Brooklyn 553 Watkins St, Brooklyn 830 Rockaway Ave, Brooklyn 569 Watkins St, Brooklyn 567 Watkins St, Brooklyn

Nearby ZIP codes for 550 Watkins Street, Brooklyn, NY

11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11208, New York City, NY 11210, New York City, NY 11211, New York City, NY 11213, New York City, NY 11216, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11234, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11239, New York City, NY 11378, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 550 Watkins Street, Brooklyn, NY 11212?

The development at 550 Watkins Street, Brooklyn, NY 11212 was built in 2009.

What is the total square footage of 550 Watkins Street, Brooklyn, NY 11212?

550 Watkins Street, Brooklyn, NY 11212 has a total of 53,864 square feet.

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

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

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

550 Watkins Street, Brooklyn, NY 11212 is currently assessed at $2,172,150.

How many residential units does this building have?

This building has 56 residential unit(s).

Disclaimer

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