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559 Chestnut Street, Brooklyn, NY 11208 Property Information

559 Chestnut Street, Brooklyn, NY 11208 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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559 Chestnut Street, Brooklyn, NY 11208 1
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Address

Primary address 559 Chestnut Street
Neighborhood East New York
Zip code 11208
Borough Brooklyn
Block & lot 04249-0007

Sales & Tax Overview for 559 Chestnut Street, Brooklyn

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

Purchase date 06/08/2020
Purchase price $550,000
Tax class
Estimated property tax $5,972

Lot & Building Information for 559 Chestnut Street, Brooklyn

Lot sqft 1,745
Lot dimensions 22 ft x 79.33 ft
Building class Two Family Brick (B1)
Building sqft 1,716
Building dimensions 22 ft x 39.33 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material C block + brick
Exterior wall Brick/masonry
Basement type Full
Year built 1960
Frontage(s) Chestnut Street (narrow)
Nearest wide street Sutter Avenue
Distance to wide street
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Zoning & Use for 559 Chestnut Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.45 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 559 Chestnut Street, Brooklyn

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Floor area ratio (FAR) for 559 Chestnut Street, Brooklyn, NY 11208, 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 559 Chestnut Street, Brooklyn, NY 11208, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 559 Chestnut Street, Brooklyn

What is the year built & the total sq. ft. for 559 Chestnut Street, Brooklyn, NY 11208?

559 Chestnut Street, Brooklyn, NY 11208 was built in 1960 and has a total of 1,716 square feet.

What is the assessed value of 559 Chestnut Street, Brooklyn, NY 11208 and the property tax paid?

Assessed at $45,120, the tax amount paid for 559 Chestnut Street, Brooklyn, NY 11208 is $5,972. For the next year, the tax amount for 559 Chestnut Street, Brooklyn, NY 11208 is estimated at $5,972.

When was 559 Chestnut Street, Brooklyn, NY 11208 last sold and what was the last sale price?

559 Chestnut Street, Brooklyn, NY 11208 was last sold in 06/08/2020 for $550,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 559 Chestnut Street, Brooklyn

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Property owner name for 559 Chestnut Street, Brooklyn, NY 11208
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Building contacts for 559 Chestnut Street, Brooklyn, NY 11208
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 559 Chestnut Street, Brooklyn

Create a free account to view the complete sales history for 559 Chestnut Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/08/2020 $550,000
11/27/2019 $320,000
       
       
       
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Title Documents for 559 Chestnut 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
07/23/2020 - D
06/22/2022 - R
Discharge of Tax Lien
(2022061200012005)
07/23/2020 - D
06/22/2022 - R
Discharge of Tax Lien
(2022061200012004)
07/23/2020 - D
06/22/2022 - R
Discharge of Tax Lien
(2022061200012003)
07/23/2020 - D
06/22/2022 - R
Discharge of Tax Lien
(2022061200012002)
07/23/2020 - D
06/22/2022 - R
Discharge of Tax Lien
(2022061200012001)
07/23/2020 - D
06/21/2022 - R
Discharge of Tax Lien
(2022061200011001)
06/08/2020 - D
06/15/2020 - R
Mortgage
(2020061500477002)
06/08/2020 - D
06/15/2020 - R
Deed
(2020061500477001)
11/27/2019 - D
12/10/2019 - R
Deed
(2019120901123001)
11/27/2019 - D
11/29/2019 - R
Memorandum of Contract
(2019112700693001)
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R: Recorded date
D: Document date

Property Taxes for 559 Chestnut Street, Brooklyn

Access detailed property tax data for 559 Chestnut Street, Brooklyn, NY 11208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,972
Estimated property tax: $5,972
Tax assessor's market value: $752,000
Assessed value: $45,120

Assessment History for 559 Chestnut Street, Brooklyn

Here's the assessment & property tax history for 559 Chestnut 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 $752,000 $45,120 $30,097 19.843% $5,972 $5,972 +2.28%
2024/25 $764,000 $45,840 $29,071 20.085% $5,839 $5,839 +5.99%
2023/24 $701,000 $42,060 $27,427 20.085% $5,509 $5,509 +4.82%
2022/23 $610,000 $36,600 $25,878 20.309% $5,256 $5,256 +4.96%
2021/22 $669,000 $40,140 $25,081 19.963% $5,007 $5,007 -5.14%

Permits for 559 Chestnut Street, Brooklyn

The complete history of permits filed for 559 Chestnut 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.

No recorded permits for this property.

East New York Residential Market Stats

Access a detailed real estate market overview of East New York so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in East New York and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$555,000
-14% YoY
Median Price/Sqft
$493
11% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 Euclid Ave & Pitkin Ave at SW Corner
Station lines A-C
Distance (miles) 0.147
View subway map
Bus Routes
Name Euclid Av/Belmont Av
Line B13
Distance (miles) 0.074

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 159 Isaac Pitkin 4 Yes Public PK, K-5 611 0.25
P.S. 159 Isaac Pitkin 4 Yes Public PK, K-5 611 0.25
Brooklyn Scholars Charter School 6 No Charter K-8 717 0.38
East New York Elementary School Of Excellence 2 No Public PK, K-5 370 0.43
East New York Elementary School Of Excellence 2 No Public PK, K-5 370 0.43

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 218 James P Sinnott 4 Yes Public 6-8 305 0.26
Brooklyn Scholars Charter School 6 No Charter K-8 717 0.38
Robert F Kennedy Incentive Pro NR No Private 6-8 0 0.41
East New York Middle School Of Excellence 4 No Public 6-8 239 0.43
Achievement First Aspire Charter 6 No Charter K-9 775 0.52

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The School For Classics: An Academy Of Thinkers 2 No Public 9-12 269 0.26
Transit Tech Career and Technical Education High School 4 No Public 9-12 805 0.42
Followers of Jesus School NR No Private 1-12 36 0.62
Academy for Young Writers 5 No Public 6-12 483 1.10
Spring Creek Community School 3 No Public 6-12 468 1.10

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 559 Chestnut Street, Brooklyn

Here are the neighbors for 559 Chestnut Street, Brooklyn, NY 11208.

Address Square feet Purchase date Purchase price
546 Chestnut St, Brooklyn 2,695 01/09/2009
561 Chestnut St, Brooklyn 1,716 10/09/2020 $630,000
552 Chestnut St, Brooklyn 2,695 12/09/2020 $840,000
548 Chestnut St, Brooklyn 2,695 04/25/2005 $339,900
122 Doscher St, Brooklyn 18,000 09/12/1996
542 Chestnut St, Brooklyn 2,695 08/17/1995
536 Chestnut St, Brooklyn 2,695 07/14/1998
547 Chestnut St, Brooklyn 1,716 04/17/2013
538 Chestnut St, Brooklyn 2,695 11/04/2016
551 Chestnut St, Brooklyn 1,716 06/06/1997
970 Belmont Ave, Brooklyn 20,885 12/27/2013 $4,086,611
134 Doscher St, Brooklyn 1,360 03/26/2008
553 Chestnut St, Brooklyn 1,716 06/21/2019 $440,500
549 Chestnut St, Brooklyn 1,716 01/19/2024
540 Chestnut St, Brooklyn 2,695 09/24/2014 $435,000
534 Chestnut St, Brooklyn 2,450 01/04/2007 $470,000
557 Chestnut St, Brooklyn 1,716 09/28/2020
543 Chestnut St, Brooklyn 1,716 05/28/2024 $870,000
964 Belmont Ave, Brooklyn 16,400 12/22/1999
530 Chestnut St, Brooklyn 2,695 07/14/2022 $930,000
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