New York City  »  11203  »  E 38th St  »  554 E 38th St

554 East 38th Street, Brooklyn, NY 11203 - Property report

Also known as: 554 Garage E 38th St

Property image for 554 East 38th Street, Brooklyn, NY 11203
static Mapbox map

Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1920

Lot sq. ft.

2,000

Sale price

$626,500

General information

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Address
Primary address
554 East 38th Street
Alternate address(es)
554 Garage E 38th St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04954-0036

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,280
Building dimensions
16 ft x 36 ft
Buildings on lot
2
Stories
2
Year built
1920
Building material
Frame
Exterior wall
Composition
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
05/20/2019
Sale price
$626,500
Tax
Tax year
2026-2027
Property tax
$6,434
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 38 Street (narrow)
Nearest wide street
Avenue D
Distance to wide street
Lot dimensions
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
67 /100.  Somewhat Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
62 /100.  Bikeable
School district
22
Community district
17
Closest police station
0.95 Miles
Closest fire station
0.61 Miles

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

Ownership information for 554 East 38th Street, Brooklyn, NY

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

Sales history for 554 East 38th Street, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
05/20/2019 $626,500 XXXX, XXXXX XXX XXXXX, XXXXXX XXXXXX, XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/25/2019 - R
11/18/2019 - D
Satisfaction of Mortgage
(2019111900432002)
XXXXXX XXXXXXXX XXXXXXXX X X
11/25/2019 - R
11/18/2019 - D
Assignment, Mortgage
(2019111900432001)
XXXXXXXXXXXX XXX XXXXXXXX X X
05/31/2019 - R
05/20/2019 - D
Mortgage
(2019052100877002)
XXXX XXXXX XXXXX XXXXX XXXX X X
05/31/2019 - R
05/20/2019 - D
Deed
(2019052100877001)
XXXXXX XXXXXXXX XXXX XXXXX
04/26/2017 - R
04/20/2017 - D
Assignment, Mortgage
(2017042501161001)
XXXXXXXXXXXX XXX XXXX
12/10/2009 - R
11/06/2009 - D
Agreement
(2009111200651004)
XXXXXX XXXXXXXX XXXXXXXXXXXX XXX
12/10/2009 - R
11/06/2009 - D
Mortgage
(2009111200651003)
XXXXXX XXXXXXXX XXXXXXXXXXXX XXX
12/10/2009 - R
10/28/2009 - D
Assignment, Mortgage
(2009111200651002)
XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXXXXXXXXXXX XXX
12/10/2009 - R
09/22/2009 - D
Assignment, Mortgage
(2009111200651001)
XXXXXXXX X X XXXXXXXXXXXX XXX
05/01/2007 - R
04/14/2007 - D
Mortgage
(2007042000384001)
XXXXXX XXXXXXXX XXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 554 East 38th 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
$6,434
Municipal exemptions
Recent tax assessments
Market value
$748,000
Assessed value
$44,880

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 $681,000 $40,860 $30,588 19.843% $6,070 $6,070 +4.72%
2024/25 $700,000 $42,000 $28,858 20.085% $5,796 $5,796 +2.46%
2023/24 $720,000 $43,200 $28,166 20.085% $5,657 $5,657 -1.10%
2022/23 $649,000 $38,940 $28,166 20.309% $5,720 $5,720 +6.05%
2021/22 $649,000 $38,940 $27,019 19.963% $5,394 $5,394 +0.55%
2020/21 $626,000 $37,560 $25,490 21.045% $5,364 $5,364 +11.90%
2019/20 $498,000 $29,880 $22,648 21.167% $5,090 $4,794 +4.11%
2018/19 $462,000 $27,720 $22,012 20.919% $4,910 $4,605 +2.67%
2017/18 $426,000 $25,560 $22,002 20.385% $4,785 $4,485 +7.01%
2016/17 $422,000 $25,320 $20,966 19.991% $4,501 $4,191 +9.02%

Permit information for 554 East 38th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

East Flatbush, Farragut residential market stats

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

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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
Nostrand Ave & Newkirk Ave at SE Corner
Station lines
2-5
Distance (miles)
0.392

Access the detailed traffic volume map for 554 East 38th Street, 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. 198 5 Yes Public PK, K-5 293 0.38
P.S. 198 5 Yes Public PK, K-5 293 0.38
St. Therese of Lisieux School NR No Private PK, K-8 0 0.33
St. Therese of Lisieux School NR No Private PK, K-8 0 0.33
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.36
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.36
Phyl's Academy Prep NR No Private PK-5 180 0.36
P.S. 361 East Flatbush Early Childhood School 3 No Public PK, K-5 396 0.44
P.S. 361 East Flatbush Early Childhood School 3 No Public PK, K-5 396 0.44
P.S. 269 Nostrand NR No Public PK, 3-5 325 0.45
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Andries Hudde School 3 Yes Public 6-8 423 1.28
St. Therese of Lisieux School NR No Private PK, K-8 0 0.33
St Catherine Genoa-St Therese Lisieu NR No Private PK-8 199 0.36
Central Brooklyn Ascend Charter 8 No Charter K-8 778 0.46
St. Jerome School NR No Private PK, K-8 302 0.46
P.S. 181 5 No Public PK, K-8 554 0.49
New Vistas Academy NR No Private K-12 66 0.54
St. Vincent Ferrer School NR No Private PK, K-8 0 0.55
P.S. 109 4 No Public PK, K-8 520 0.59
Ms 246 Walt Whitman 3 No Public 6-8 308 0.78
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cristo Rey Brooklyn High School NR No Private 9-12 302 0.18
Cristo Rey Brooklyn High School NR No Private 9-12 297 0.18
Catherine Mc Auley High School NR No Private 9-12 185 0.19
New Vistas Academy NR No Private K-12 66 0.54
New Vistas Academy NR No Private 1-12 0 0.57
Midwood High School 7 No Public 9-12 4,062 0.92
Science Tech And Research High School At Erasmus 8 No Public 6-12 610 1.01
High School for Youth and Community Development 3 No Public 9-12 463 1.01
High School For Service And Learning At Erasmus 2 No Public 9-12 234 1.01

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 554 East 38th Street, Brooklyn, NY 11203?

The development at 554 East 38th Street, Brooklyn, NY 11203 was built in 1920.

What is the total square footage of 554 East 38th Street, Brooklyn, NY 11203?

554 East 38th Street, Brooklyn, NY 11203 has a total of 1,280 square feet.

When was 554 East 38th Street, Brooklyn, NY 11203 last sold and what was the sale price?

554 East 38th Street, Brooklyn, NY 11203 was last sold on 05/20/2019 for $626,500.

What is the assessed value of 554 East 38th Street, Brooklyn, NY 11203?

554 East 38th Street, Brooklyn, NY 11203 is currently assessed at $44,880.

What are the property taxes for 554 East 38th Street, Brooklyn, NY 11203?

The property taxes for 554 East 38th Street, Brooklyn, NY 11203 total $6,433.

How many residential units does this building have?

This building has 1 residential unit(s).

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