New York City » 11203 » Albany Ave » 557 Albany Ave

557 Albany Avenue, Brooklyn, NY 11203 - Property report

Also known as: 557 Albany Ave

Property image for 557 Albany Avenue, Brooklyn, NY 11203

Property type

One Family Attached or Semi-Detached (A5)

Year built

1910

Lot sq. ft.

1,713

Sale price

$707,500

General information

Address

Primary address

557 Albany Avenue

ZIP code

11203

Neighborhood

Wingate

Borough

Brooklyn

Block & lot

04800-0005

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

1,059

Building dimensions

18.5 ft x 57.25 ft

Buildings on lot

Stories

Year built

1910

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

06/14/2017

Sale price

$707,500

Tax

Tax year

2026-2027

Property tax

$5,280

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)

Albany Avenue (wide)

Distance to wide street

Lot dimensions

18.5 ft x 92.58 ft

Lot sq. ft.

1,713

Area overview

Walk score

86 /100. Very Walkable

Transit score

96 /100. Rider's Paradise

Bike score

76 /100. Very Bikeable

School district

Community district

Closest police station

0.46 Miles

Closest fire station

0.70 Miles

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

Ownership

Ownership information for 557 Albany Avenue, 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 557 Albany Avenue, Brooklyn, NY 11203

Sale date	Sale price	Buyer name	Seller name
06/14/2017	$707,500	XXXXXXXX, XXXXXX XXX XXXXXXX, XXXXX XXXXXX	XXX XXX XXXX XXX
05/10/2016	$320,000	XXXXXXXXXX XXX	XXXXXXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/05/2023 - R	Initial UCC1 (2023060500014001)	XXXXXXXX XXXXXX	XXXXXXXXXXX XXXXXXXXXXXXX XXX
02/28/2020 - R 02/10/2020 - D	Agreement (2020022800223001)	XXXXXXXX XXXXXX	XXXX
02/18/2020 - R 02/10/2020 - D	Mortgage (2020021800254002)	XXXXXXXX XXXXXX	XXXX
02/18/2020 - R 01/30/2020 - D	Assignment, Mortgage (2020021800254001)	XXXX	XXXX
06/22/2017 - R 06/14/2017 - D	Mortgage (2017062100365002)	XXXXXXXX XXXXXX	XXXX XXX
06/22/2017 - R 06/14/2017 - D	Deed (2017062100365001)	XXX XXX XXXX XXX	XXXXXXXX XXXXXX
06/22/2017 - R 06/13/2017 - D	Satisfaction of Mortgage (2017062100408001)	XXXXXXXXXX XXX	XXXXXXXXXX XXXXXX XXX XXXXXXX XXXX
06/20/2017 - R 03/19/2017 - D	Release (2017060900007010)	XXXXXXXXX XXXX	XXXXXXXXXX XXXXXX XXX XXXXXXX XXXX
07/15/2016 - R 05/10/2016 - D	Assignment, Mortgage (2016062701144011)	XXXXXXXXXX XXXXXX XXX XXXXXXX XXXX	XXXXXXXXX XXXX
05/17/2016 - R 05/10/2016 - D	Mortgage (2016051200347002)	XXXXXXXXXX XXX	XXXXXXXXXX XXXXXX XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 557 Albany 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

$5,280

Municipal exemptions

Recent tax assessments

Market value

$981,000

Assessed value

$58,860

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	$838,000	$50,280	$26,324	19.843%	$5,223	$5,223	+2.13%
2024/25	$825,000	$49,500	$25,464	20.085%	$5,114	$5,114	+2.21%
2023/24	$973,000	$58,380	$24,914	20.085%	$5,004	$5,004	+4.83%
2022/23	$780,000	$46,800	$23,504	20.309%	$4,773	$4,773	+7.83%
2021/22	$855,000	$51,300	$22,174	19.963%	$4,427	$4,427	-4.11%
2020/21	$715,000	$42,900	$21,937	21.045%	$4,617	$4,617	+2.78%
2019/20	$716,000	$42,960	$21,220	21.167%	$4,492	$4,492	+1.19%
2018/19	$695,000	$41,700	$21,220	20.919%	$4,439	$4,439	+5.45%
2017/18	$578,000	$34,680	$20,651	20.385%	$4,210	$4,210	+128.97%
2016/17	$299,000	$17,940	$9,197	19.991%	$2,148	$1,839	-10.87%

Permits

Permit information for 557 Albany Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Prospect, Lefferts Gardens, Wingate residential market stats

Access a detailed real estate market overview of Prospect, Lefferts Gardens, Wingate so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Prospect, Lefferts Gardens, Wingate 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

Kingston Ave & Eastern Pkwy at SE Corner

Station lines

Distance (miles)

0.576

View subway map

Access the detailed traffic volume map for 557 Albany Avenue, Brooklyn, NY 11203 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. 91 The Albany Avenue School	5	Yes	Public	PK, K-5	161	0.06
P.S. 91 The Albany Avenue School	5	Yes	Public	PK, K-5	161	0.06
Bnos Menachem	NR	No	Private	PK-12	583	0.13
Bnos Menachem	NR	No	Private	PK-12	583	0.13
League School	NR	No	Private	K-9	113	0.16
Achievement First Crown Heights Charter School	6	No	Charter	K-12	1,339	0.18
Citizens of the World Charter School 2	NR	No	Charter	K-2	371	0.27
P.S. 221 Toussaint L'Ouverture	6	No	Public	PK, K-5	161	0.27
P.S. 221 Toussaint L'Ouverture	6	No	Public	PK, K-5	161	0.27
Lubavitcher Yeshiva	NR	No	Private	PK-8	577	0.29

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
New Heights Middle School	5	Yes	Public	6-8	248	0.18
Bnos Menachem	NR	No	Private	PK-12	583	0.13
League School	NR	No	Private	K-9	113	0.16
Achievement First Crown Heights Charter School	6	No	Charter	K-12	1,339	0.18
High School for Public Service-Heroes of Tomorrow	5	No	Public	8-12	452	0.23
Lubavitcher Yeshiva	NR	No	Private	PK-8	577	0.29
Beth Rivkah Elementary School	NR	No	Private	K-8	1,156	0.35
Darchai Menachem School-Boys	NR	No	Private	3-12	106	0.37
P.S. 235 Janice Marie Knight School	7	No	Public	PK, K-8	952	0.42
Ms 61 Gladstone H Atwell	5	No	Public	6-8	361	0.51

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bnos Menachem	NR	No	Private	PK-12	583	0.13
Achievement First Crown Heights Charter School	6	No	Charter	K-12	1,339	0.18
Brooklyn Institute for Liberal Arts	5	No	Public	9-12	479	0.23
School For Human Rights	2	No	Public	9-12	184	0.23
High School for Public Service-Heroes of Tomorrow	5	No	Public	8-12	452	0.23
Machon Chana	NR	No	Private	9-12	62	0.30
Bnos Chomesh Academy	NR	No	Private	10-12	39	0.32
Bnos Chomesh	NR	No	Private	10-12	37	0.32
Bnos Chomesh Academy	NR	No	Private	10-12	39	0.32
Kings Collegiate Charter School	6	No	Charter	K-12	1,215	0.59

Frequently asked questions

What is the year built for 557 Albany Avenue, Brooklyn, NY 11203?

The development at 557 Albany Avenue, Brooklyn, NY 11203 was built in 1910.

What is the total square footage of 557 Albany Avenue, Brooklyn, NY 11203?

557 Albany Avenue, Brooklyn, NY 11203 has a total of 1,059 square feet.

When was 557 Albany Avenue, Brooklyn, NY 11203 last sold and what was the sale price?

557 Albany Avenue, Brooklyn, NY 11203 was last sold on 06/14/2017 for $707,500.

What is the assessed value of 557 Albany Avenue, Brooklyn, NY 11203?

557 Albany Avenue, Brooklyn, NY 11203 is currently assessed at $58,860.

What are the property taxes for 557 Albany Avenue, Brooklyn, NY 11203?

The property taxes for 557 Albany Avenue, Brooklyn, NY 11203 total $5,280.

How many residential units does this building have?

This building has 1 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.