New York City » 11223 » E 1st St » 2055 E 1st St

2055 East 1st Street, Brooklyn, NY 11223 - Property report

Also known as: 2055 Garage E 1st St

Property image for 2055 East 1st Street, Brooklyn, NY 11223

Property type

One Family Attached or Semi-Detached (A5)

Year built

1925

Lot sq. ft.

2,325

Sale price

$200,000

General information

Address

Primary address

2055 East 1st Street

Alternate address(es)

2055 Garage E 1st St

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07104-0521

Building

Property type

One Family Attached or Semi-Detached (A5)

Building sq. ft.

1,248

Building dimensions

16 ft x 28 ft

Buildings on lot

Stories

Year built

1925

Building material

Frame

Exterior wall

Aluminum/Vinyl

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

05/30/2025

Sale price

$200,000

Tax

Tax year

2026-2027

Property tax

$7,166

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 1 Street (narrow)

Nearest wide street

Avenue U

Distance to wide street

Lot dimensions

23.25 ft x 100 ft

Lot sq. ft.

2,325

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

91 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.58 Miles

Closest fire station

0.43 Miles

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

Ownership

Ownership information for 2055 East 1st Street, 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 2055 East 1st Street, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
05/30/2025	$200,000	XXXXXX XXXXX XX XXX	XXXX X XXX XXXXXX XXX
07/19/2022	$1,500,000	XXXX X X XX XXXXXX XXX	XXXXX, XXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/05/2026 - R 12/18/2025 - D	Assignment, Mortgage (2026010200771001)	XXXXXX XXXXX XXXXXXX XXX	XXXXX XXXXXXX XXX XXXXX XXXXX
06/13/2025 - R 05/30/2025 - D	Deed (2025061201064001)	XXXX X XXX XXXXXX XXX	XXXXXX XXXXX XX XXX
05/20/2025 - R 05/19/2025 - D	Deed (2025051900653001)	XXXXX XXX X	XXXX X XXX XXXXXX XXX
03/05/2025 - R	Discharge of Property from FTL (2025030500369001)	XXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXX
03/04/2025 - R	Discharge of Property from FTL (2025030400800001)	XXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXX
03/04/2025 - R	Discharge of Property from FTL (2025030400774001)	XXXXX XXXX	XXXXXXXX XXXXXXX XXXXXXX
05/31/2023 - R	UCC3 Termination (2023052200445003)	XXXX X X XX XXXXXX XXX	X X X X X XXX
06/16/2023 - R 05/15/2023 - D	Agreement (2023061600416003)	XXXXX XXX X	XXXXXX XXXXX XXXXXXX XXX
06/16/2023 - R 05/15/2023 - D	Mortgage (2023061600416002)	XXXXX XXX X	XXXXXX XXXXX XXXXXXX XXX
05/23/2023 - R 05/15/2023 - D	Deed (2023052200505001)	XXXX X XXX XXXXXX XXX	XXXXX XXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2055 East 1st Street, 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

$7,166

Municipal exemptions

Recent tax assessments

Market value

$1,798,000

Assessed value

$107,880

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	$1,821,000	$109,260	$36,116	19.843%	$7,166	$7,166	+1.21%
2024/25	$1,438,000	$86,280	$35,254	20.085%	$7,081	$7,081	+5.13%
2023/24	$1,759,000	$105,540	$33,534	20.085%	$6,735	$6,735	+4.24%
2022/23	$1,440,000	$86,400	$31,814	20.309%	$6,461	$6,461	+7.54%
2021/22	$1,197,000	$71,820	$30,097	19.963%	$6,008	$6,008	-5.15%
2020/21	$1,452,000	$87,120	$30,097	21.045%	$6,334	$6,334	+1.86%
2019/20	$1,368,000	$82,080	$29,378	21.167%	$6,218	$6,218	+6.37%
2018/19	$945,000	$56,700	$27,945	20.919%	$5,846	$5,846	+33.31%
2017/18	$1,171,000	$70,260	$21,512	20.385%	$5,404	$4,385	+9.24%
2016/17	$1,378,000	$82,680	$20,081	19.991%	$5,014	$4,014	+2.23%

Permits

Permit information for 2055 East 1st Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Homecrest residential market stats

Access a detailed real estate market overview of Homecrest so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homecrest and compare it to other neighborhoods in Brooklyn.

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

Brooklyn median sale price

$899,000

6% 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

McDonald Ave & Avenue U at SE Corner

Station lines

Distance (miles)

0.175

View subway map

Access the detailed traffic volume map for 2055 East 1st Street, 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 215 Morris H Weiss	5	Yes	Public	PK, K-5	707	0.29
P.S. 215 Morris H Weiss	5	Yes	Public	PK, K-5	707	0.29
Magen David Yeshivah School	NR	No	Private	PK, K-8	0	0.19
Magen David Yeshivah School	NR	No	Private	PK, K-8	0	0.19
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.21
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.21
Magen David Yesh-Isaac SHLM E	NR	No	Private	PK-12	1,906	0.22
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.29

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 228 David A Boody	7	Yes	Public	6-8	1,551	0.38
Magen David Yeshivah School	NR	No	Private	PK, K-8	0	0.19
Sts. Simon & Jude Elementary School	NR	No	Private	PK, K-8	0	0.21
Magen David Yesh-Isaac SHLM E	NR	No	Private	PK-12	1,906	0.22
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.29
Ahaba Ve Ahva Cong & Yeshiva	NR	No	Private	PK, K-9	0	0.38
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.38

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Abraham Lincoln High School	4	Yes	Public	9-12	2,129	1.08
Magen David Yesh-Isaac SHLM E	NR	No	Private	PK-12	1,906	0.22
Ahaba Ve Ahava	NR	No	Private	PK, K-10	93	0.39
B'not Rachel High School For Girls	NR	No	Private	9-12	80	0.42
Torah Academy High School	NR	No	Private	9-12	16	0.42
Torah Academy High School	NR	No	Private	9-12	12	0.44

Nearby ZIP codes for 2055 East 1st Street, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 2055 East 1st Street, Brooklyn, NY 11223?

The development at 2055 East 1st Street, Brooklyn, NY 11223 was built in 1925.

What is the total square footage of 2055 East 1st Street, Brooklyn, NY 11223?

2055 East 1st Street, Brooklyn, NY 11223 has a total of 1,248 square feet.

When was 2055 East 1st Street, Brooklyn, NY 11223 last sold and what was the sale price?

2055 East 1st Street, Brooklyn, NY 11223 was last sold on 05/30/2025 for $200,000.

What is the assessed value of 2055 East 1st Street, Brooklyn, NY 11223?

2055 East 1st Street, Brooklyn, NY 11223 is currently assessed at $107,880.

What are the property taxes for 2055 East 1st Street, Brooklyn, NY 11223?

The property taxes for 2055 East 1st Street, Brooklyn, NY 11223 total $7,166.

How many residential units does this building have?

This building has 1 residential unit(s).

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.