Kings  »  11218  »  E 2nd St  »  553 E 2nd St

553 East 2nd Street, Brooklyn, NY 11218 - Property report

Also known as: 553 E 2nd St

Property image for 553 East 2nd Street, Brooklyn, NY 11218
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1923

Lot sq. ft.

4,000

General information

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Address
Primary address
553 East 2nd Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05386-0081

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
12,800
Building dimensions
40 ft x 89 ft
Buildings on lot
1
Stories
4
Year built
1923
Building material
Tax
Tax year
2026-2027
Property tax
$55,052
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
16
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
40 ft x 100 ft
Lot sq. ft.
4,000

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.51 Miles
Closest fire station
0.55 Miles

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

Ownership information for 553 East 2nd Street, Brooklyn, NY

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

Sales history for 553 East 2nd Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/11/2024 - R UCC3 Amendment
(2024090900735001)
XXXXX XXXXXX XX X X XXXX XXXXXXXXX XXXX (XXXXXXXX XXXXX XX XXX XXXX)
01/14/2020 - R UCC3 Termination
(2020010700006006)
XXXXX XXXXXX XX X X XXXXXXXXX XXXX
01/14/2020 - R
12/27/2019 - D
Termination of Assign of L&R
(2020010700006005)
XXXXXXXXX XXXX
01/14/2020 - R
12/27/2019 - D
Assignment of Leases and Rents
(2020010700006004)
XXXXX XXXXXX XX X X XXX XXXX
01/14/2020 - R
12/27/2019 - D
Agreement
(2020010700006003)
XXX XXXX XXXXX XXXXXX XX X X
01/14/2020 - R
12/27/2019 - D
Mortgage
(2020010700006002)
XXXXX XXXXXX XX X X XXX XXXX
01/14/2020 - R
12/27/2019 - D
Assignment, Mortgage
(2020010700006001)
XXXXXXXXX XXXX XXX XXXX
01/03/2018 - R UCC3 Termination
(2018010300018001)
XXXXX XXXXXX XX X X XXXXXXXXX XXXX
12/28/2017 - R Initial UCC1
(2017122800577001)
XXXXX XXXXXX XX X X XXXXXXXXX XXXX
12/27/2017 - R
12/20/2017 - D
Termination of Assign of L&R
(2017122500007005)
XXXXXXXXX XXXX XXXXX XXXXXX XX X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 553 East 2nd 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
$55,052
Municipal exemptions
Recent tax assessments
Market value
$1,116,000
Assessed value
$502,200

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 $1,019,000 $458,550 $414,810 12.439% $51,598 $49,533 +3.91%
2024/25 $1,014,000 $456,300 $397,884 12.5% $49,736 $47,671 +8.47%
2023/24 $1,004,000 $451,800 $368,041 12.502% $46,012 $43,947 +17.87%
2022/23 $949,000 $427,050 $336,068 12.267% $41,225 $37,284 +31.39%
2021/22 $587,000 $264,150 $264,150 12.235% $32,319 $28,378 -18.45%
2020/21 $797,000 $358,650 $283,680 12.267% $34,799 $34,799 +9.15%
2019/20 $647,000 $291,150 $255,600 12.473% $31,881 $31,881 +2.25%
2018/19 $613,000 $275,850 $247,230 12.612% $31,181 $31,181 +0.85%
2017/18 $573,000 $257,850 $243,090 12.719% $30,919 $30,919 +6.33%
2016/17 $522,000 $234,900 $225,540 12.892% $29,077 $29,077 +12.15%

Permit information for 553 East 2nd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/16/2019 Alteration
10/08/2018 Alteration
11/15/2017 Alteration type 2
11/12/2008 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/05/2020 Aeuhaz1-fail to certify class 1
11/02/2016 Aeuhaz1-fail to certify class 1
12/13/2011 Lblvio-low pressure boiler

*Most recent DOB violations on record 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
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.076

Access the detailed traffic volume map for 553 East 2nd Street, Brooklyn, NY 11218 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 553 East 2nd Street, Brooklyn, NY 11218?

The development at 553 East 2nd Street, Brooklyn, NY 11218 was built in 1923.

What is the total square footage of 553 East 2nd Street, Brooklyn, NY 11218?

553 East 2nd Street, Brooklyn, NY 11218 has a total of 12,800 square feet.

What is the assessed value of 553 East 2nd Street, Brooklyn, NY 11218?

553 East 2nd Street, Brooklyn, NY 11218 is currently assessed at $502,200.

What are the property taxes for 553 East 2nd Street, Brooklyn, NY 11218?

The property taxes for 553 East 2nd Street, Brooklyn, NY 11218 total $57,117.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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