| Primary address | 550 East 7th Street |
| Secondary address | 550 Garage E 7th St |
| Neighborhood | Kensington |
| Zip code | 11218 |
| Borough | Brooklyn |
| Block & lot | 05390-0015 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $11,363 |
| Lot sqft | 6,000 |
| Lot dimensions | |
| Building class | Two Family Frame (B2) |
| Building sqft | 2,641 |
| Building dimensions | |
| Buildings on lot | 2 |
| Stories | 3 |
| Structure type | Old style |
| Building material | Frame |
| Exterior wall | Aluminum/vinyl |
| Basement type | Full |
| Garage type | Detached, frame garage |
| Year built | 1915 |
| Frontage(s) | East 7 Street (narrow) |
| Nearest wide street | Cortelyou Road |
| Distance to wide street | Register |
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.53 Miles |
| Closest fire station | 0.29 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
550 East 7th Street, Brooklyn, NY 11218 was built in 1915 and has a total of 2,641 square feet.
What is the assessed value of 550 East 7th Street, Brooklyn, NY 11218 and the property tax paid?Assessed at $77,820, the tax amount paid for 550 East 7th Street, Brooklyn, NY 11218 is $11,363. For the next year, the tax amount for 550 East 7th Street, Brooklyn, NY 11218 is estimated at $11,363.
When was 550 East 7th Street, Brooklyn, NY 11218 last sold?550 East 7th Street, Brooklyn, NY 11218 was last sold in 02/13/1987.
How many residential units does this building have?This building has 2 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 550 East 7th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 550 East 7th 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: | $11,364 |
| Estimated property tax: | $11,363 |
| Tax assessor's market value: | $1,297,000 |
| Assessed value: | $77,820 |
| Exemptions granted by city: | Register |
Here's the assessment & property tax history for 550 East 7th 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 | $1,297,000 | $77,820 | $57,268 | 19.843% | $11,645 | $11,364 | +4.10% |
| 2024/25 | $1,511,000 | $90,660 | $54,348 | 20.085% | $11,185 | $10,916 | +6.28% |
| 2023/24 | $1,567,000 | $94,020 | $51,138 | 20.085% | $10,552 | $10,271 | +5.13% |
| 2022/23 | $1,608,000 | $96,480 | $48,105 | 20.309% | $10,066 | $9,770 | +3.10% |
| 2021/22 | $1,363,000 | $81,780 | $47,467 | 19.963% | $9,763 | $9,476 | -5.20% |
The complete history of permits filed for 550 East 7th 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | McDonald Ave & Cortelyou Rd at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.337 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Coney Island Av/Cortelyou Rd | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.174 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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 | 0.31 |
| P.S. 179 Kensington | 5 | Yes | Public | PK, K-5 | 668 | 0.31 |
| Yeshiva Torah Vodaath | NR | No | Private | K-8 | 0 | 0.12 |
| Mesivta Torah Vodaath | NR | No | Private | PK, K-8 | 432 | 0.14 |
| Mesivta Torah Vodaath | NR | No | Private | PK, K-8 | 432 | 0.14 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Jhs 62 Ditmas | 7 | Yes | Public | 6-8 | 900 | 0.04 |
| Yeshiva Torah Vodaath | NR | No | Private | K-8 | 0 | 0.12 |
| Mesivta Torah Vodaath | NR | No | Private | PK, K-8 | 432 | 0.14 |
| Bonim Lamokom | NR | No | Private | 35 | 0.14 | |
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.23 |
| Name | Rating | Att. zoned | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|---|
| Torah Vodaath High School | NR | No | Private | 9-12 | 0 | 0.12 |
| Bonim Lamokom | NR | No | Private | 35 | 0.14 | |
| Yeshiva & Mesivta Torah Temimah | NR | No | Private | PK, K-12 | 622 | 0.23 |
| Yeshiva Nesivas Chaim | NR | No | Private | 9-12 | 0 | 0.39 |
| Bnos Yerushalayim School | NR | No | Private | PK-12 | 1,156 | 0.39 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 550 East 7th Street, Brooklyn, NY 11218.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 562 E 7th St, Brooklyn | 1,520 | 05/03/2021 | $1,585,000 |
| 587 E 5th St, Brooklyn | 2,694 | 11/17/2008 | |
| 599 E 5th St, Brooklyn | 2,197 | 03/07/2000 | |
| 564 E 7th St, Brooklyn | 1,600 | 12/04/1997 | |
| 622 Cortelyou Rd, Brooklyn | 11,740 | 04/20/1995 | |
| 618 Cortelyou Rd, Brooklyn | 2,499 | 01/20/1993 | |
| 595 E 5th St, Brooklyn | 1,500 | 01/12/2024 | $1,250,000 |
| 570 E 7th St, Brooklyn | 1,488 | 11/08/1996 | |
| 573 E 5th St, Brooklyn | 2,880 | 08/24/1981 | |
| 560 E 7th St, Brooklyn | 1,380 | 07/30/2018 | $1,500,000 |
| 421 Ocean Pkwy, Brooklyn | 14,913 | 05/17/2001 | |
| 577 E 5th St, Brooklyn | 2,880 | 01/24/2000 | |
| 583 E 5th St, Brooklyn | 2,515 | 01/25/2016 | |
| 576 E 7th St, Brooklyn | 1,854 | 10/27/1987 | |
| 558 E 7th St, Brooklyn | 1,280 | 02/24/2025 | $900,000 |
| 593 E 5th St, Brooklyn | 1,902 | 08/01/2005 | $740,000 |
| 556 E 7th St, Brooklyn | 1,280 | 07/16/2017 | |
| 566 E 7th St, Brooklyn | 1,540 | ||
| 572 E 7th St, Brooklyn | 1,854 | 04/06/2017 | $940,000 |
| 580 E 7th St, Brooklyn | 1,827 | 08/21/2025 | $1,600,000 |
