New York City  »  11207  »  Liberty Ave  »  550 Liberty Ave

550 Liberty Avenue, Brooklyn, NY 11207 - Property report

Also known as: 550 Liberty Ave

Property image for 550 Liberty Avenue, Brooklyn, NY 11207
static Mapbox map

Property type

Primarily One Family with One Store or Office (S1)

Year built

1935

Lot sq. ft.

2,000

Sale price

$400,000

General information

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Address
Primary address
550 Liberty Avenue
ZIP code
11207
Neighborhood
East New York
Borough
Brooklyn
Block & lot
03979-0016

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
1,600
Building dimensions
20 ft x 40 ft
Buildings on lot
1
Stories
2
Year built
1935
Building material
Sales
Sale date
04/23/2021
Sale price
$400,000
Tax
Tax year
2026-2027
Property tax
$2,304
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
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
83 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
68 /100.  Bikeable
School district
19
Community district
5
Closest police station
0.48 Miles
Closest fire station
0.13 Miles

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Ownership information for 550 Liberty Avenue, Brooklyn, NY

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

Sales history for 550 Liberty Avenue, Brooklyn, NY 11207

Sale date Sale price Buyer name Seller name
04/23/2021 $400,000 XXXX XXXX XXXXX, XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/01/2021 - R
05/20/2021 - D
Satisfaction of Mortgage
(2021052500302001)
XXXXX XXXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXX
07/30/2021 - R
04/23/2021 - D
Mortgage
(2021043000572003)
XXXX XXXX XXXXXX XXXXX
07/30/2021 - R
04/23/2021 - D
Deed
(2021043000572002)
XXXXX XXXXXXXXXXX XXXX XXXX
07/30/2021 - R
04/23/2021 - D
Termination of Lease or Memo
(2021043000572001)
XXXXX XXXXXXXXXX XXXXXX XXXXX XXX
12/09/2020 - R
03/16/2020 - D
Memorandum of Contract
(2020120701360001)
XXXXX XXXXXXXXXX XXXXXX XXXXX XXX
09/16/2013 - R
08/23/2013 - D
Assignment, Mortgage
(2013082900953001)
XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXXX XXXX XXX X X
03/02/2007 - R
02/13/2007 - D
Satisfaction of Mortgage
(2007020900920003)
XXX XXXXXXX XXXXXX XXX XXXXX XXXXXXXXX XXX
03/02/2007 - R
02/02/2007 - D
Mortgage
(2007020900920002)
XXXXX XXXXXXXXXX
03/02/2007 - R
02/02/2007 - D
Deed
(2007020900920001)
XXX XXXXXXX XXXXXX XXX XXXXX XXXXXXXXXX
09/27/2005 - R
09/09/2005 - D
Satisfaction of Mortgage
(2005092000463001)
XXXXX XXXXXXXXXX XXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 550 Liberty Avenue, 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
$2,304
Municipal exemptions
Recent tax assessments
Market value
$554,000
Assessed value
$33,240

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 $443,000 $26,580 $10,956 19.843% $2,174 $2,174 +4.72%
2024/25 $440,000 $26,400 $10,336 20.085% $2,076 $2,076 +6.00%
2023/24 $467,000 $28,020 $9,751 20.085% $1,958 $1,958 -1.10%
2022/23 $457,000 $27,420 $9,751 20.309% $1,980 $1,980 +2.50%
2021/22 $409,000 $24,540 $9,677 19.963% $1,932 $1,932 +0.55%
2020/21 $366,000 $21,960 $9,130 21.045% $1,921 $1,921 +5.39%
2019/20 $318,000 $19,080 $8,613 21.167% $1,823 $1,823 +7.25%
2018/19 $265,000 $15,900 $8,126 20.919% $1,700 $1,700 +2.62%
2017/18 $247,000 $14,820 $8,126 20.385% $1,656 $1,656 +2.75%
2016/17 $206,000 $12,360 $8,064 19.991% $1,612 $1,612 +8.36%

Permit information for 550 Liberty Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
-

Subway & traffic

Closest station
Van Siclen Ave & Pitkin Ave at NE Corner
Station lines
A-C
Distance (miles)
0.169

Access the detailed traffic volume map for 550 Liberty Avenue, Brooklyn, NY 11207 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 550 Liberty Avenue, Brooklyn, NY 11207?

The development at 550 Liberty Avenue, Brooklyn, NY 11207 was built in 1935.

What is the market value of 550 Liberty Avenue, Brooklyn, NY 11207?

The current market value of 550 Liberty Avenue, Brooklyn, NY 11207 is $554,000.

What is the total square footage of 550 Liberty Avenue, Brooklyn, NY 11207?

550 Liberty Avenue, Brooklyn, NY 11207 has a total of 1,600 square feet.

What is the price per square foot for this property?

$250 per square foot is the price for 550 Liberty Avenue, Brooklyn, NY 11207.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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