1600 55th Street, Brooklyn, NY 11204 Property Information
1600 55th Street, Brooklyn, NY 11204 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 1600 55th Street |
| Secondary address | 5501-5511 16th Ave |
| Neighborhood | Borough Park |
| Zip code | 11204 |
| Borough | Brooklyn |
| Block & lot | 05489-0006 |
Sales & Tax Overview for 1600 55th Street, Brooklyn
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 | $222,289 |
Lot & Building Information for 1600 55th Street, Brooklyn
| Lot sq. ft. | 9,000 |
| Lot dimensions | |
| Property type | Walk-up Apartment - Over Six Families with Stores (C7)
|
| Building sqft | 30,057 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1926 |
| Year last altered | 1981 |
| Construction type | Register |
Area Overview
| School district | 20 |
| Community district | 12 |
| Closest police station | 0.15 Miles |
| Closest fire station | 0.44 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 1600 55th Street, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 5501-5511 16th Ave, Brooklyn, NY 11204
About 1600 55th Street, Brooklyn
This Walk-up Apartment - Over Six Families with Stores (C7) located at 1600 55th Street, Brooklyn, NY 11204 has a total of 30,057 square feet.
What is the year built & the current market value of 1600 55th Street, Brooklyn, NY 11204?1600 55th Street, Brooklyn, NY 11204 was built in 1926 and has a current tax assessor's market value of $4,212,000.
How many commercial spaces does this building have?This building has 4 commercial spaces available for lease. There are 1 active listings at this address.
Ownership Information for 1600 55th Street, Brooklyn
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Spaces for Lease in 1600 55th Street, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 03/16/2026 |
| Last updated | 03/20/2026 |
| Lot size | 0.207 Acre |
Located in the heart of Borough Park, this retail space at 5505 16th Avenue, Brooklyn, NY 11204 presents an excellent opportunity for businesses seeking a presence in one of Brooklyn’s most active commercial corridors. Featuring approximately 13 feet of frontage, the property offers strong street visibility and a valuable signage opportunity that allows tenants to effectively showcase their brand to the steady flow of neighborhood foot traffic. Positioned along bustling 16th Avenue, the space benefits from a well-established customer base and consistent activity generated by the surrounding residential community and thriving local commerce.
The premises will be delivered as a white box, providing a flexible and customizable layout that allows tenants to design the space according to their specific operational needs. Surrounded by major businesses and conveniently located near public transportation, this property offers both accessibility and exposure in a prime Borough Park location. It represents an ideal setting for a variety of retail or service-oriented uses seeking to capitalize on the area’s strong commercial environment.
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 5505 16th Ave | Retail | $40/Sqft/Year | 600 | Arsen Atbashyan (718) 517-8700 |
Past Sales & Property History for 1600 55th Street, Brooklyn
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No recorded sales for this property.
Title Documents for 1600 55th Street, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 1600 55th Street, Brooklyn
Access detailed property tax data for 1600 55th Street, Brooklyn, NY 11204. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $16,737 |
| Estimated property tax: | $222,289 |
| Tax assessor's market value: | $4,212,000 |
| Assessed value: | $1,895,400 |
| Exemptions granted by city: | Register |
Assessment History for 1600 55th Street, Brooklyn
Here's the assessment & property tax history for 1600 55th 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 | $4,212,000 | $1,895,400 | $134,554 | 12.439% | $209,214 | $16,737 | +2.72% |
| 2024/25 | $3,956,000 | $1,780,200 | $130,349 | 12.5% | $203,670 | $16,294 | +3.68% |
| 2023/24 | $3,983,000 | $1,792,350 | $125,698 | 12.502% | $196,434 | $15,715 | +7.43% |
| 2022/23 | $3,428,000 | $1,542,600 | $119,246 | 12.267% | $182,849 | $14,628 | +10.16% |
| 2021/22 | $3,109,000 | $1,399,050 | $108,533 | 12.235% | $165,987 | $13,279 | +11.11% |
Permits for 1600 55th Street, Brooklyn
The complete history of permits filed for 1600 55th 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.
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Brooklyn Commercial Market Stats
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 14th Ave & 61st St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | D-N | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.395 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 60 ST/16 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.229 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 1600 55th Street, Brooklyn
Here are the neighbors for 1600 55th Street, Brooklyn, NY 11204.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1614 55th St, Brooklyn | 2,752 | 07/07/1999 | |
| 1624 55th St, Brooklyn | 1,848 | 01/29/1990 | |
| 1521 56th St, Brooklyn | 4,636 | 10/27/2022 | |
| 1616 55th St, Brooklyn | 3,125 | 07/28/2015 | |
| 1620 55th St, Brooklyn | 2,000 | 05/30/1989 | |
| 1628 55th St, Brooklyn | 3,096 | 04/11/2003 | |
| 1511 56th St, Brooklyn | 2,021 | 05/25/2017 | $1,315,000 |
| 1523 56th St, Brooklyn | 4,464 | 11/21/2023 | |
| 1634 55th St, Brooklyn | 2,460 | 12/10/2018 | |
| 5513 16th Ave, Brooklyn | 4,881 | 06/30/2004 | $365,000 |
| 1517 56th St, Brooklyn | 9,600 | 02/03/1984 | |
| 1529 56th St, Brooklyn | 3,280 | 06/01/2023 | |
| 1622 55th St, Brooklyn | 4,700 | 06/14/2001 | $450,000 |
| 1626 55th St, Brooklyn | 1,848 | 10/18/2004 | |
| 1547 56th St, Brooklyn | 10,654 | ||
| 1527 56th St, Brooklyn | 6,710 | ||
| 1537 56th St, Brooklyn | 3,160 | 11/10/2016 | |
| 1612 55th St, Brooklyn | 2,887 | 03/05/2008 | |
| 1601 56th St, Brooklyn | 1,748 | 03/08/1967 | |
| 1630 55th St, Brooklyn | 1,848 | 10/16/2025 | $2,375,000 |