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940 55th Street, Brooklyn, NY 11219 Property Information

940 55th Street, Brooklyn, NY 11219 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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940 55th Street, Brooklyn, NY 11219 1
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Address

Primary address 940 55th Street
Neighborhood Borough Park
Zip code 11219
Borough Brooklyn
Block & lot 05680-0023

Sales & Tax Overview for 940 55th Street, Brooklyn

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

Purchase date 01/31/2005
Purchase price $570,000
Tax class
Estimated property tax $11,583

Lot & Building Information for 940 55th Street, Brooklyn

Lot sqft 1,803
Lot dimensions 18 ft x 100.17 ft
Building class Primarily Four Family with One Store or Office (S4) i
Building sqft 4,965
Building dimensions 18 ft x 44 ft
Buildings on lot 1
Stories 4
Year built 1915
Construction type
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Zoning & Use for 940 55th Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 4
Commercial units 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.95 Miles
Closest fire station 0.63 Miles

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

Other Property Data for 940 55th Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 940 55th Street, Brooklyn, NY 11219, 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 940 55th Street, Brooklyn, NY 11219, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 940 55th Street, Brooklyn

How many square feet does 940 55th Street, Brooklyn, NY 11219 have?

This Primarily Four Family with One Store or Office (S4) located at 940 55th Street, Brooklyn, NY 11219 has a total of 4,965 square feet.

What is the year built & the current market value of 940 55th Street, Brooklyn, NY 11219?

940 55th Street, Brooklyn, NY 11219 was built in 1915 and has a current tax assessor's market value of $1,308,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 940 55th Street, Brooklyn

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Property owner name for 940 55th Street, Brooklyn, NY 11219
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Building contacts for 940 55th Street, Brooklyn, NY 11219
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 940 55th Street, Brooklyn

Create a free account to view the complete sales history for 940 55th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/31/2005 $570,000

Title Documents for 940 55th 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
01/24/2020 - D
01/27/2020 - R
Satisfaction of Mortgage
(2020012700330001)
06/12/2007 - D
06/26/2007 - R
Deed
(2007061900735001)
02/26/2005 - D
03/09/2005 - R
Satisfaction of Mortgage
(2005022801123001)
01/31/2005 - D
03/30/2005 - R
Mortgage
(2005022400279001)
01/31/2005 - D
03/30/2005 - R
Deed
(2005022400200001)
11/12/2004 - D
12/06/2004 - R
Mortgage
(2004111700737001)
08/25/1992 - R Satisfaction of Mortgage
(3470001709647)
12/15/1982 - R Mortgage
(3760000938776)
12/15/1982 - R Deed
(3750000938775)
05/24/1982 - R Satisfaction of Mortgage
(3130000912013)
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R: Recorded date
D: Document date

Property Taxes for 940 55th Street, Brooklyn

Access detailed property tax data for 940 55th Street, Brooklyn, NY 11219. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $10,725
Estimated property tax: $11,583
Tax assessor's market value: $1,308,000
Assessed value: $588,600

Assessment History for 940 55th Street, Brooklyn

Here's the assessment & property tax history for 940 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 $1,308,000 $588,600 $86,224 12.439% $10,725 $10,725 -0.49%
2024/25 $1,090,400 $490,680 $86,224 12.5% $10,778 $10,778 +3.18%
2023/24 $1,363,000 $613,350 $83,552 12.502% $10,446 $10,446 +10.07%
2022/23 $1,339,000 $602,550 $77,363 12.267% $9,490 $9,490 +8.29%
2021/22 $1,092,000 $491,400 $71,632 12.235% $8,764 $8,764 +7.72%

Permits for 940 55th Street, Brooklyn

The complete history of permits filed for 940 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.

Filing date Job type Job status Job description Initial cost
10/21/2019 Alteration
08/07/2019 Alteration
05/13/2019 Alteration
12/11/2018 Alteration type 2
11/14/2018 Alteration
10/23/2018 Alteration type 2
06/25/2018 Alteration
06/20/2018 Alteration
05/21/2018 Alteration
05/16/2017 Alteration type 1
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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.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 Fort Hamilton Pkwy & 62nd St at NE Corner
Station lines N
Distance (miles) 0.321
View subway map
Bus Routes
Name 56 ST/FT Hamilton Py
Line B16
Distance (miles) 0.118

Neighbors for 940 55th Street, Brooklyn

Here are the neighbors for 940 55th Street, Brooklyn, NY 11219.

Address Square feet Purchase date Purchase price
920 55th St, Brooklyn 2,128 07/25/1997
958 55th St, Brooklyn 1,324 05/08/1987
934 55th St, Brooklyn 1,900 12/29/2015
960 55th St, Brooklyn 1,324 06/09/2022 $1,100,000
964 55th St, Brooklyn 2,280 06/14/2021
938 55th St, Brooklyn 4,842 04/14/2014
932 55th St, Brooklyn 1,900 07/22/2014 $498,000
910 55th St, Brooklyn 2,128 01/03/2005 $34,309
908 55th St, Brooklyn 2,128 02/14/2001
946 55th St, Brooklyn 1,324 12/29/2022 $995,000
942 55th St, Brooklyn 1,800 03/30/2025
944 55th St, Brooklyn 1,324 04/02/1992
914 55th St, Brooklyn 2,128 01/12/2024
948 55th St, Brooklyn 1,324 11/27/2006 $567,000
936 55th St, Brooklyn 1,900 02/03/2012
924 55th St, Brooklyn 2,128 01/28/1998
918 55th St, Brooklyn 2,128 02/22/2001
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