New York City » 11209 » Bay Ridge Pkwy » 551 Bay Ridge Pkwy

551 Bay Ridge Parkway, Brooklyn, NY 11209 - Property report

Also known as: 551 Bay Ridge Pkwy

Property image for 551 Bay Ridge Parkway, Brooklyn, NY 11209

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1899

Lot sq. ft.

2,732

Sale price

$745,000

General information

Address

Primary address

551 Bay Ridge Parkway

Alternate address(es)

551 75th St

ZIP code

11209

Neighborhood

Bay Ridge

Borough

Brooklyn

Block & lot

05931-0067

Building

Property type

Primarily Two Family with One Store or Office (S2)

Building sq. ft.

3,324

Building dimensions

20 ft x 55 ft

Buildings on lot

Stories

Year built

1899

Last altered

2008

Building material

Sales

Sale date

05/23/2006

Sale price

$745,000

Tax

Tax year

2026-2027

Property tax

$12,391

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 136.58 ft

Lot sq. ft.

2,732

Area overview

Walk score

73 /100. Very Walkable

Transit score

94 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.67 Miles

Closest fire station

0.65 Miles

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

Ownership

Ownership information for 551 Bay Ridge Parkway, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 551 Bay Ridge Parkway, Brooklyn, NY 11209

Sale date	Sale price	Buyer name	Seller name
05/23/2006	$745,000	XXXXXXX, XXXXXXX	XXXXXXXX, XXX. , XXXXX X XXXX XXX XXXXXX XX XXXXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/16/2014 - R 07/02/2014 - D	Satisfaction of Mortgage (2014070702694001)	XXXXXXX XXXXXXX	XXXX XXXXXXXX XXXXXXXXXXX (XXX)
09/29/2006 - R 05/23/2006 - D	Mortgage (2006060100469002)	XXXXXXX XXXXXXX	XXXXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXXXXXX
09/29/2006 - R 05/23/2006 - D	Deed (2006060100469001)	XXXXXXXX XXX XXXXX X XXXX	XXXXXXX XXXXXXX
12/11/1997 - R	Satisfaction of Mortgage (3960005877696)	XXXXXX XXXXXX	XXXX XXXXXXX XXXX XXXXX XXXX
09/20/1993 - R	Assignment, Mortgage (3300001801330)	XXXX XXXX XXXXXX XXX	XXXXXXX XXXX XXXX XXXX
10/24/1979 - R	Mortgage (37930111200796)	XXXXXX XXXXXX	XXXX XXXX XX XX XX
10/24/1979 - R	Deed (37930111200794)	XXXXXX XXXXXX	XXXXXX XXXXXX
11/30/1971 - R	Mortgage (37130052201428)	XXXXXX XXXXXX X	XXX XXXXX XXXX XXXX XXXX
11/30/1971 - R	Deed (37130052201426)	XXXXXXX XXXXX X	XXXXXX XXXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 551 Bay Ridge Parkway, 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

$12,391

Municipal exemptions

Recent tax assessments

Market value

$1,089,000

Assessed value

$65,340

More about New York City property taxes

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	$1,212,000	$72,720	$59,236	19.843%	$11,754	$11,754	+4.39%
2024/25	$1,353,000	$81,180	$56,060	20.085%	$11,260	$11,260	+2.65%
2023/24	$1,354,000	$81,240	$54,614	20.085%	$10,969	$10,969	+3.79%
2022/23	$1,344,000	$80,640	$52,038	20.309%	$10,568	$10,568	+1.74%
2021/22	$1,256,000	$75,360	$52,038	19.963%	$10,388	$10,388	-0.00%
2020/21	$1,285,000	$77,100	$49,363	21.045%	$10,388	$10,388	+5.05%
2019/20	$1,211,000	$72,660	$46,717	21.167%	$9,889	$9,889	+3.86%
2018/19	$1,425,000	$85,500	$45,512	20.919%	$9,521	$9,521	+7.70%
2017/18	$1,329,000	$79,740	$43,365	20.385%	$8,840	$8,840	+1.97%
2016/17	$1,199,000	$71,940	$43,365	19.991%	$8,669	$8,669	+7.77%

Permits

Permit information for 551 Bay Ridge Parkway, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/15/2015	Alteration type 2
08/25/2011	Alteration type 3
05/15/2008	Alteration type 2
10/19/2007	Alteration type 2
10/03/2007	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	10/01/2015	Lblvio-low pressure boiler
	12/31/2009	Lblvio-low pressure boiler
	08/06/2007	C-construction

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 77th St at NE Corner

Station lines

Distance (miles)

0.237

View subway map

Access the detailed traffic volume map for 551 Bay Ridge Parkway, Brooklyn, NY 11209 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

Nearby ZIP codes for 551 Bay Ridge Parkway, Brooklyn, NY

10004, New York City, NY 10301, New York City, NY 10304, New York City, NY 11201, New York City, NY 11204, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY

Frequently asked questions

What is the year built for 551 Bay Ridge Parkway, Brooklyn, NY 11209?

The development at 551 Bay Ridge Parkway, Brooklyn, NY 11209 was built in 1899.

What is the market value of 551 Bay Ridge Parkway, Brooklyn, NY 11209?

The current market value of 551 Bay Ridge Parkway, Brooklyn, NY 11209 is $1,089,000.

What is the total square footage of 551 Bay Ridge Parkway, Brooklyn, NY 11209?

551 Bay Ridge Parkway, Brooklyn, NY 11209 has a total of 3,324 square feet.

What is the price per square foot for this property?

$224 per square foot is the price for 551 Bay Ridge Parkway, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.