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557 Chester Street, Brooklyn, NY 11212 Property Information

557 Chester Street, Brooklyn, NY 11212 Property Information

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

Primary address 557 Chester Street
Secondary address 138-140 Lott Ave
Neighborhood Brownsville
Zip code 11212
Borough Brooklyn
Block & lot 03625-0030

Sales & Tax Overview for 557 Chester Street, Brooklyn

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

Purchase date 06/29/2018
Purchase price $740,000
Tax class
Estimated property tax $4,531

Lot & Building Information for 557 Chester Street, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 3,140
Building dimensions 20 ft x 100 ft
Buildings on lot 2
Stories 2
Year built 1930
Year last altered 2021
Construction type
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Zoning & Use for 557 Chester Street, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 23
Community district 16
Closest police station 0.65 Miles
Closest fire station 0.53 Miles

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

Other Property Data for 557 Chester Street, Brooklyn

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Floor area ratio (FAR) for 557 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 557 Chester 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.

  • 138-140 Lott Ave, Brooklyn, NY 11212
  • 146 Lott Ave, Brooklyn, NY 11212

About 557 Chester Street, Brooklyn

How many square feet does 557 Chester Street, Brooklyn, NY 11212 have?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 557 Chester Street, Brooklyn, NY 11212 has a total of 3,140 square feet.

What is the year built & the current market value of 557 Chester Street, Brooklyn, NY 11212?

557 Chester Street, Brooklyn, NY 11212 was built in 1930 and has a current tax assessor's market value of $419,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 557 Chester Street, Brooklyn

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Property owner name for 557 Chester Street, Brooklyn, NY 11212
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Building contacts for 557 Chester Street, Brooklyn, NY 11212
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 557 Chester Street, Brooklyn

Create a free account to view the complete sales history for 557 Chester Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/29/2018 $740,000
02/12/2003 $350,000
       
       
       
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Title Documents for 557 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
12/30/2024 - D
02/13/2025 - R
Deed
(2025021100241001)
10/31/2018 - D
11/16/2018 - R
Assignment of Tax Lien
(2018110700937001)
09/05/2018 - D
10/31/2018 - R
Discharge of Tax Lien
(2018103001310002)
09/05/2018 - D
10/31/2018 - R
Discharge of Tax Lien
(2018103001310001)
06/29/2018 - D
07/02/2018 - R
Deed
(2018070200753001)
08/10/2017 - D
08/15/2017 - R
Tax Lien Sale Certificate
(2017081401053001)
08/03/2016 - D
08/24/2016 - R
Tax Lien Sale Certificate
(2016082301240001)
01/09/2013 - D
01/24/2013 - R
Assignment, Mortgage
(2013011001247001)
04/18/2003 - R Satisfaction of Mortgage
(2003022000963004)
04/18/2003 - R Power of Attorney
(2003022000963001)
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R: Recorded date
D: Document date

Property Taxes for 557 Chester Street, Brooklyn

Access detailed property tax data for 557 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: $4,334
Estimated property tax: $4,531
Tax assessor's market value: $419,000
Assessed value: $188,550

Assessment History for 557 Chester Street, Brooklyn

Here's the assessment & property tax history for 557 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 $419,000 $188,550 $34,845 12.439% $4,334 $4,334 +3.89%
2024/25 $348,800 $156,960 $33,377 12.5% $4,172 $4,172 +1.55%
2023/24 $436,000 $196,200 $32,863 12.502% $4,109 $4,109 +2.10%
2022/23 $545,000 $245,250 $32,804 12.267% $4,024 $4,024 +99.51%
2021/22 $430,000 $193,500 $16,485 12.235% $2,017 $2,017 +7.71%

Permits for 557 Chester Street, Brooklyn

The complete history of permits filed for 557 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
03/09/2022 Alteration
03/02/2021 Alteration
05/02/2020 Alteration
04/16/2020 Alteration
02/27/2020 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 Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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: 4 (See more on map)

Transportation

Distance to Subway
Closest station Rockaway Ave & Livonia Ave at SE Corner
Station lines 3
Distance (miles) 0.324
View subway map
Bus Routes
Name Rockaway Av/Lott Av
Line B60
Distance (miles) 0.033

Neighbors for 557 Chester Street, Brooklyn

Here are the neighbors for 557 Chester Street, Brooklyn, NY 11212.

Address Square feet Purchase date Purchase price
890 Rockaway Ave, Brooklyn 6,850 08/12/2016
906 Rockaway Ave, Brooklyn 3,600 09/23/2019
910 Rockaway Ave, Brooklyn 3,600 06/27/2019 $11,400,993
954 Rockaway Ave, Brooklyn 1,148 05/09/2023 $670,000
569 Chester St, Brooklyn 2,440 06/02/2005 $425,000
579 Chester St, Brooklyn 2,952 02/25/2026 $839,654
585 Chester St, Brooklyn 2,952 07/12/2021
894 Rockaway Ave, Brooklyn 3,720 06/27/2019 $11,400,993
898 Rockaway Ave, Brooklyn 3,600 06/27/2019 $11,400,993
561 Chester St, Brooklyn 2,440 11/28/2011 $310,000
589 Chester St, Brooklyn 2,952 06/30/2010 $434,600
583 Chester St, Brooklyn 2,952 11/20/2013 $465,000
900 Rockaway Ave, Brooklyn 3,239 09/12/1984
559 Chester St, Brooklyn 2,120 06/09/2005 $448,000
918 Rockaway Ave, Brooklyn 1,148 02/25/1988
563 Chester St, Brooklyn 2,440 10/07/1999
902 Rockaway Ave, Brooklyn 2,415 08/16/2006 $328,250
573 Chester St, Brooklyn 2,440 11/30/2020 $687,750
892 Rockaway Ave, Brooklyn 2,416 02/02/2018 $90,000
575 Chester St, Brooklyn 2,952 08/19/1999
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