New York City » 11208 » Chestnut St » 553 Chestnut St

553 Chestnut Street, Brooklyn, NY 11208 - Property report

Also known as: 553 Chestnut St

Property image for 553 Chestnut Street, Brooklyn, NY 11208

Property type

Two Family Brick (B1)

Year built

1960

Lot sq. ft.

1,745

Sale price

$440,500

General information

Address

Primary address

553 Chestnut Street

ZIP code

11208

Neighborhood

East New York

Borough

Brooklyn

Block & lot

04249-0009

Building

Property type

Two Family Brick (B1)

Building sq. ft.

1,716

Building dimensions

22 ft x 39.33 ft

Buildings on lot

Stories

Year built

1960

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

06/21/2019

Sale price

$440,500

Tax

Tax year

2026-2027

Property tax

$5,972

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Chestnut Street (narrow)

Nearest wide street

Sutter Avenue

Distance to wide street

Lot dimensions

22 ft x 79.33 ft

Lot sq. ft.

1,745

Area overview

Walk score

79 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

62 /100. Bikeable

School district

Community district

Closest police station

0.46 Miles

Closest fire station

0.29 Miles

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

Ownership

Ownership information for 553 Chestnut Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 553 Chestnut Street, Brooklyn, NY 11208

Sale date	Sale price	Buyer name	Seller name
06/21/2019	$440,500	XXXXXX, XXXXXXXX XXX XXXXXX, XXXXXX	XXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/24/2019 - R 07/11/2019 - D	Satisfaction of Mortgage (2019072200816001)	XXX XXX	XXXXXXXX XXXXXXXXXX XXXX
07/01/2019 - R 06/21/2019 - D	Mortgage (2019062700944002)	XXXXXX XXXXXXXX	XXXX
07/01/2019 - R 06/21/2019 - D	Deed (2019062700944001)	XXXXXX XXXXXX	XXXXXX XXXXXXXX
05/23/2018 - R 05/17/2018 - D	Assignment, Mortgage (2018052200584001)	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX	XXX XXX
09/14/2016 - R 09/07/2016 - D	Assignment, Mortgage (2016091201073001)	XXXXX XXXX XXXXXXXXX XXX	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX
12/04/2013 - R 10/24/2013 - D	Assignment, Mortgage (2013112100911001)	XXXXXXX XXXX XXX	XXXXX XXXX XXXXXXXXX XXX
05/10/2013 - R 04/29/2013 - D	Assignment, Mortgage (2013050300061001)	XXX XXXX XXXX XXX	XXXXXXXX XXXXXXX XXX
12/21/2012 - R 11/30/2012 - D	Assignment, Mortgage (2012121800171001)	XXXX	XXX XXXX XXXX XXX
05/10/2013 - R 04/29/2012 - D	Assignment, Mortgage (2013050300067001)	XXXXXXXX XXXXXXX XXX	XXXXXXX XXXX XXX
07/26/2011 - R 07/01/2011 - D	Assignment, Mortgage (2011072000970001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 553 Chestnut 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

$5,972

Municipal exemptions

Recent tax assessments

Market value

$655,000

Assessed value

$39,300

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	$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%
2020/21	$592,000	$35,520	$25,081	21.045%	$5,278	$5,278	+2.93%
2019/20	$609,000	$36,540	$24,226	21.167%	$5,128	$5,128	+7.25%
2018/19	$570,000	$34,200	$22,856	20.919%	$4,781	$4,781	+8.76%
2017/18	$457,000	$27,420	$21,565	20.385%	$4,396	$4,396	+5.21%
2016/17	$423,000	$25,380	$20,901	19.991%	$4,178	$4,178	+2.23%

Permits

Permit information for 553 Chestnut Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/24/2025	I
	12/03/2024	I
	11/28/2023	I

*Most recent HPD violations on record for this property.

Neighborhood

East New York (part A) residential market stats

Access a detailed real estate market overview of East New York (part A) 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 (part A) and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Euclid Ave & Pitkin Ave at SW Corner

Station lines

A-C

Distance (miles)

0.14

View subway map

Access the detailed traffic volume map for 553 Chestnut Street, Brooklyn, NY 11208 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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	0.39
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
P.S. 345 Patrolman Robert Bolden	5	No	Public	PK, K-5	517	0.44
P.S. 345 Patrolman Robert Bolden	5	No	Public	PK, K-5	517	0.44
Achievement First Aspire Charter	6	No	Charter	K-9	775	0.53
P.S. 202 Ernest S Jenkyns	5	No	Public	PK, K-5	228	0.53
P.S. 202 Ernest S Jenkyns	5	No	Public	PK, K-5	228	0.53

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 218 James P Sinnott	4	Yes	Public	6-8	305	0.27
Brooklyn Scholars Charter School	6	No	Charter	K-8	717	0.39
Robert F Kennedy Incentive Pro	NR	No	Private	6-8	0	0.42
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	0.53
MS 935	7	No	Public	6	181	0.57
Followers of Jesus School	NR	No	Private	1-12	36	0.62
Liberty Avenue Middle School	4	No	Public	6-8	439	0.64
Vista Academy	7	No	Public	6-8	418	0.64
Achievement First Apollo Charter School	6	No	Charter	K-8	912	0.64

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The School For Classics: An Academy Of Thinkers	2	No	Public	9-12	269	0.27
Transit Tech Career and Technical Education High School	4	No	Public	9-12	805	0.41
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	1.11
East New York Family Academy	5	No	Public	6-12	659	1.11
The East New York Arts and Civics High School	NR	No	Public	9-12	161	1.15
Uft Charter School	NR	No	Charter	9-12	190	1.15
P.S. 36	NR	No	Public	PK, K-12	388	1.17
W H Maxwell Career and Technical Education High School	2	No	Public	9-12	408	1.22

Frequently asked questions

What is the year built for 553 Chestnut Street, Brooklyn, NY 11208?

The development at 553 Chestnut Street, Brooklyn, NY 11208 was built in 1960.

What is the total square footage of 553 Chestnut Street, Brooklyn, NY 11208?

553 Chestnut Street, Brooklyn, NY 11208 has a total of 1,716 square feet.

When was 553 Chestnut Street, Brooklyn, NY 11208 last sold and what was the sale price?

553 Chestnut Street, Brooklyn, NY 11208 was last sold on 06/21/2019 for $440,500.

What is the assessed value of 553 Chestnut Street, Brooklyn, NY 11208?

553 Chestnut Street, Brooklyn, NY 11208 is currently assessed at $39,300.

What are the property taxes for 553 Chestnut Street, Brooklyn, NY 11208?

The property taxes for 553 Chestnut Street, Brooklyn, NY 11208 total $5,972.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.