New York City  »  11212  »  Chester St  »  557 Chester St

557 Chester Street, Brooklyn, NY 11212 - Property report

Also known as: 557 Chester St

Property image for 557 Chester Street, Brooklyn, NY 11212
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Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1930

Lot sq. ft.

2,000

Sale price

$740,000

General information

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Address
Primary address
557 Chester Street
Alternate address(es)
138-140 Lott Ave
146 Lott Ave
ZIP code
11212
Neighborhood
Brownsville
Borough
Brooklyn
Block & lot
03625-0030

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
3,140
Building dimensions
20 ft x 100 ft
Buildings on lot
2
Stories
2
Year built
1930
Last altered
2021
Building material
Sales
Sale date
06/29/2018
Sale price
$740,000
Tax
Tax year
2026-2027
Property tax
$4,532
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

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
0.65 Miles
Closest fire station
0.53 Miles

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Ownership information for 557 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 557 Chester Street, Brooklyn, NY 11212

Sale date Sale price Buyer name Seller name
06/29/2018 $740,000 XXX XXXXXXX XXXX, XXX XXXXXXX, XX XXXXXXX, XXXXXXXX
02/12/2003 $350,000 XXXXXXXXXX, XXXX XXXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/13/2025 - R
12/30/2024 - D
Deed
(2025021100241001)
XXX XXXXXXX XXXX XXX XXX XXXXXXX XXX
11/16/2018 - R
10/31/2018 - D
Assignment of Tax Lien
(2018110700937001)
XXX XXXX XX XXX XXXX XXXXXX XXX XXXX XX XXX XXXX XXXXXX
10/31/2018 - R
09/05/2018 - D
Discharge of Tax Lien
(2018103001310002)
XXX XXXX XX XXX XXXX XXXXXX
10/31/2018 - R
09/05/2018 - D
Discharge of Tax Lien
(2018103001310001)
XXX XXXX XX XXX XXXX XXXXXX
07/02/2018 - R
06/29/2018 - D
Deed
(2018070200753001)
XXXXXXX XX XXXXXXX XXXXXXXX XXX XXXXXXX XXXX XXX
08/15/2017 - R
08/10/2017 - D
Tax Lien Sale Certificate
(2017081401053001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/24/2016 - R
08/03/2016 - D
Tax Lien Sale Certificate
(2016082301240001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
01/24/2013 - R
01/09/2013 - D
Assignment, Mortgage
(2013011001247001)
XXXXXXXX XXXXXX XXXXXX XXXXXXX X
04/18/2003 - R Satisfaction of Mortgage
(2003022000963004)
XXXX XXXXXX XXXXXXXXXX XXX XXX XXXXXXX XXXX
04/18/2003 - R Power of Attorney
(2003022000963001)
XXXXXXXX XXXXXX XXXXXX XXXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 557 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
$4,532
Municipal exemptions
Recent tax assessments
Market value
$388,000
Assessed value
$174,600

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 $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%
2020/21 $469,000 $211,050 $15,265 12.267% $1,873 $1,873 +6.20%
2019/20 $468,000 $210,600 $14,136 12.473% $1,763 $1,763 +1.74%
2018/19 $526,000 $236,700 $13,741 12.612% $1,733 $1,733 -0.51%
2017/18 $483,000 $217,350 $13,695 12.719% $1,742 $1,742 +6.55%
2016/17 $386,000 $173,700 $12,681 12.892% $1,635 $1,635 +8.07%

Permit information for 557 Chester Street, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/02/2013 Aeuhaz1-fail to certify class 1
01/02/2013 Aeuhaz1-fail to certify class 1

*Most recent DOB violations 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
4

Subway & traffic

Closest station
Rockaway Ave & Livonia Ave at SE Corner
Station lines
3
Distance (miles)
0.324

Access the detailed traffic volume map for 557 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 557 Chester Street, Brooklyn, NY 11212?

The development at 557 Chester Street, Brooklyn, NY 11212 was built in 1930.

What is the market value of 557 Chester Street, Brooklyn, NY 11212?

The current market value of 557 Chester Street, Brooklyn, NY 11212 is $388,000.

What is the total square footage of 557 Chester Street, Brooklyn, NY 11212?

557 Chester Street, Brooklyn, NY 11212 has a total of 3,140 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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