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551 East 2nd Street, Brooklyn, NY 11218 Property Information

551 East 2nd Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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551 East 2nd Street, Brooklyn, NY 11218 1
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Address

Primary address 551 East 2nd Street
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05386-0083

Sales & Tax Overview for 551 East 2nd Street, Brooklyn

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

Tax class
Estimated property tax $6,236

Lot & Building Information for 551 East 2nd Street, Brooklyn

Lot sqft 2,000
Lot dimensions 20 ft x 100 ft
Building class Two Family Frame (B2) i
Building sqft 1,812
Building dimensions 18 ft x 29 ft
Buildings on lot 1
Stories 3
Structure type Old style
Building material Frame
Exterior wall Composition
Basement type Full
Year built 1910
Frontage(s) East 2 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 551 East 2nd Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

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 0.52 Miles
Closest fire station 0.55 Miles

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

Other Property Data for 551 East 2nd Street, Brooklyn

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Floor area ratio (FAR) for 551 East 2nd Street, Brooklyn, NY 11218, 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 551 East 2nd Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 551 East 2nd Street, Brooklyn

What is the year built & the total sq. ft. for 551 East 2nd Street, Brooklyn, NY 11218?

551 East 2nd Street, Brooklyn, NY 11218 was built in 1910 and has a total of 1,812 square feet.

What is the assessed value of 551 East 2nd Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $80,760, the tax amount paid for 551 East 2nd Street, Brooklyn, NY 11218 is $6,234. For the next year, the tax amount for 551 East 2nd Street, Brooklyn, NY 11218 is estimated at $6,236.

When was 551 East 2nd Street, Brooklyn, NY 11218 last sold?

551 East 2nd Street, Brooklyn, NY 11218 was last sold in 09/21/2019.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 551 East 2nd Street, Brooklyn

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Property owner name for 551 East 2nd Street, Brooklyn, NY 11218
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Building contacts for 551 East 2nd Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 551 East 2nd Street, Brooklyn

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No recorded sales for this property.

Title Documents for 551 East 2nd 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
09/21/2019 - D
11/01/2019 - R		 Deed
(2019103101111001)
01/26/2011 - D
02/01/2011 - R		 Satisfaction of Mortgage
(2011012600520001)
07/09/2001 - R Mortgage
(3880007729988)
04/13/1989 - R Satisfaction of Mortgage
(3810001446481)
03/13/1989 - R Mortgage
(3140001438414)
02/21/1989 - D
03/13/1989 - R		 Deed
(3130001438413)
08/07/1987 - R Satisfaction of Mortgage
(3650001290265)
06/09/1987 - R Satisfaction of Mortgage
(3500001272250)
04/29/1987 - R Mortgage
(3880001260988)
04/29/1987 - R Power of Attorney
(3870001260987)
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R: Recorded date
D: Document date

Property Taxes for 551 East 2nd Street, Brooklyn

Access detailed property tax data for 551 East 2nd Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,235
Estimated property tax: $6,236
Tax assessor's market value: $1,346,000
Assessed value: $80,760

More about New York City Property Taxes

Assessment History for 551 East 2nd Street, Brooklyn

Here's the assessment & property tax history for 551 East 2nd 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 $1,346,000 $80,760 $31,420 19.843% $6,235 $6,235 +4.64%
2024/25 $1,400,000 $84,000 $29,665 20.085% $5,958 $5,958 +9.98%
2023/24 $1,278,000 $76,680 $26,973 20.085% $5,699 $5,418 +4.10%
2022/23 $1,017,000 $61,020 $25,626 20.309% $5,501 $5,204 +5.33%
2021/22 $825,000 $49,500 $24,750 19.963% $5,228 $4,941 -5.23%
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Permits for 551 East 2nd Street, Brooklyn

The complete history of permits filed for 551 East 2nd 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.

Kensington Residential Market Stats

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

Median Sale Price
$538,380
7.7% YoY
Median Price/Sqft
$740
28.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.078
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.108

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.17
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.17
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.18
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.33
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.18
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.21
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.26
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.18
Yeshiva Derech Chaim NR No Private 0 0.18
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.26
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.27
Yeshiva Machzikei Hadas NR No Private PK, K-12 1,028 0.28
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 551 East 2nd Street, Brooklyn

Here are the neighbors for 551 East 2nd Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
320 Cortelyou Rd, Brooklyn 6,000 03/26/2015 $1,500,000
582 E 4th St, Brooklyn 2,738 09/25/2020
581 E 2nd St, Brooklyn 1,693 01/08/2004
580 E 4th St, Brooklyn 1,870 08/09/2017
590 E 4th St, Brooklyn 2,738 04/25/2006 $765,000
585 E 2nd St, Brooklyn 2,028 08/29/2000
594 E 4th St, Brooklyn 2,738 04/30/2003 $320,000
577 E 2nd St, Brooklyn 1,733 06/28/2005 $625,000
591 E 2nd St, Brooklyn 1,983 10/23/2018 $625,000
574 E 4th St, Brooklyn 2,805 03/29/1995
573 E 2nd St, Brooklyn 1,733 06/06/1986
593 E 2nd St, Brooklyn 3,498 04/24/2017
578 E 4th St, Brooklyn 2,338 02/24/2012
586 E 4th St, Brooklyn 2,738 08/26/2015 $950,000
583 E 2nd St, Brooklyn 1,693 06/10/2022 $1,519,000
306 Cortelyou Rd, Brooklyn 4,000 09/01/2017
561 E 2nd St, Brooklyn 12,800 08/22/2013
553 E 2nd St, Brooklyn 12,800 06/02/1995
589 E 2nd St, Brooklyn 1,920 11/27/1989
576 E 4th St, Brooklyn 1,845 06/28/2024
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