New York City  »  11223  »  Kings Hwy  »  559 Kings Hwy

559 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 559 Kings Hwy

Property image for 559 Kings Highway, Brooklyn, NY 11223
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1931

Lot sq. ft.

1,605

Sale price

$800,000

General information

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Address
Primary address
559 Kings Highway
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06661-0043

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,300
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Sales
Sale date
04/17/2006
Sale price
$800,000
Tax
Tax year
2026-2027
Property tax
$10,328
Tax class
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Commercial units
1
Retail sq. ft.
Lot
Lot dimensions
21.58 ft x 82.33 ft
Lot sq. ft.
1,605
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
3,306 sq. ft.
Buildable area

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
95 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.83 Miles
Closest fire station
0.55 Miles

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Ownership information for 559 Kings Highway, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 559 Kings Highway, Brooklyn, NY 11223

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/13/2015 - R
05/20/2015 - D
Assignment, Mortgage
(2015070200359001)
XXXXXX XX XXXX XXXXXXXX XXXXXX XXXXXXXXX
05/10/2006 - R
04/17/2006 - D
Mortgage
(2006042500100005)
XXXXXX XXX XXXXXXXXXXX XXXXXXX
05/10/2006 - R
04/17/2006 - D
Deed
(2006042500100004)
XXXXXXXXXXX XXXXXXX XXXXXX XXX
05/10/2006 - R
02/01/2006 - D
Power of Attorney
(2006042500100003)
XXXXXXXXXXX XXXXXXX XXXXXXXX XXXXXXX
05/10/2006 - R
01/25/2006 - D
Power of Attorney
(2006042500100002)
XXXXXX XXXXXXXXX XXXXXXXX XXXX
05/10/2006 - R
01/15/2006 - D
Power of Attorney
(2006042500100001)
XXXXXXXXXXX XXXXXX XXXXXXXX XXXXXXX
01/10/2000 - R
12/27/1999 - D
Deed
(3100006993910)
XXXXXXXX XXXX XXXXXXXX XXXX
01/22/1982 - R Deed
(3520000896952)
XXXXXXXX XXXX XXXXXXXX XXXXXX
01/11/1982 - R Release of Estate Tax Lien
(3120000895312)
XXXXXXXX XXXXXXXXXXXXXX
01/30/1981 - R Release of Estate Tax Lien
(38130121400861)
XXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 559 Kings Highway, 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
$10,328
Municipal exemptions
Recent tax assessments
Market value
$3,504,000
Assessed value
$210,240

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 $2,665,000 $159,900 $49,314 19.843% $9,785 $9,785 +4.72%
2024/25 $2,105,000 $126,300 $46,523 20.085% $9,344 $9,344 +6.00%
2023/24 $1,860,000 $111,600 $43,891 20.085% $8,816 $8,816 +0.08%
2022/23 $1,460,000 $87,600 $43,373 20.309% $8,809 $8,809 +1.73%
2021/22 $1,313,000 $78,780 $43,373 19.963% $8,659 $8,659 +0.12%
2020/21 $1,070,000 $64,200 $41,095 21.045% $8,648 $8,648 +5.39%
2019/20 $930,000 $55,800 $38,769 21.167% $8,206 $8,206 +7.25%
2018/19 $1,094,000 $65,640 $36,576 20.919% $7,651 $7,651 +3.85%
2017/18 $1,020,000 $61,200 $36,144 20.385% $7,368 $7,368 +1.97%
2016/17 $850,000 $51,000 $36,144 19.991% $7,226 $7,226 +7.90%

Permit information for 559 Kings Highway, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/31/2009 Lblvio-low pressure boiler

*Most recent DOB violation on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SE Corner
Station lines
F
Distance (miles)
0.189

Access the detailed traffic volume map for 559 Kings Highway, Brooklyn, NY 11223 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

Frequently asked questions

What is the year built for 559 Kings Highway, Brooklyn, NY 11223?

The development at 559 Kings Highway, Brooklyn, NY 11223 was built in 1931.

What is the market value of 559 Kings Highway, Brooklyn, NY 11223?

The current market value of 559 Kings Highway, Brooklyn, NY 11223 is $3,504,000.

What is the total square footage of 559 Kings Highway, Brooklyn, NY 11223?

559 Kings Highway, Brooklyn, NY 11223 has a total of 3,300 square feet.

What is the price per square foot for this property?

$242 per square foot is the price for 559 Kings Highway, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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