New York City » 11223 » Avenue Z » 557 Avenue Z

557 Avenue Z, Brooklyn, NY 11223 - Property report

Also known as: 2584 W 3rd St

Property image for 557 Avenue Z, Brooklyn, NY 11223

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

1951

Lot sq. ft.

81,000

General information

Address

Primary address

557 Avenue Z

Alternate address(es)

2584 W 3rd St
577 Avenue Z
587 Avenue Z

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07212-0104

Building

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Building sq. ft.

97,440

Building dimensions

55 ft x 160 ft

Buildings on lot

Stories

Year built

1951

Building material

Tax

Tax year

2026-2027

Property tax

$302,767

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

120

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

416.71 ft x 200 ft

Lot sq. ft.

81,000

Area overview

Walk score

87 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

66 /100. Bikeable

School district

Community district

Closest police station

0.64 Miles

Closest fire station

0.68 Miles

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

Ownership

Ownership information for 557 Avenue Z, 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 557 Avenue Z, Brooklyn, NY 11223

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/22/2006 - R 12/20/2005 - D	Assignment of Leases and Rents (2006012200116006)	XXXXX XXXX XX XXXX XXXXXX	XXXXX XXXXX XXXXX XXX
02/22/2006 - R 12/20/2005 - D	Agreement (2006012200116005)	XXXXX XXXX XX XXXX XXXXXX	XXXXX XXXXX XXXXX XXX
02/22/2006 - R 12/20/2005 - D	Mortgage (2006012200116004)	XXXXX XXXXX XXXXX XXX	XXXXX XXXX XX XXXX XXXXXX
02/22/2006 - R 12/12/2005 - D	Assignment, Mortgage (2006012200116003)	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXX XXXX XX XXXX XXXXXX
06/19/2001 - R 04/09/2001 - D	Deed (FT_3470007702247)	XXXXX XXXX X XXX	XXXXXXX XXXXXXXXXX XXX
06/13/2000 - R	Release (3640007241164)	XXXXX XXXXX XXXXXXXXXX XX X XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
06/13/2000 - R	Sundry Agreement (3720007241272)	X X XXXX XXXXXX XXX
06/13/2000 - R	Assignment, Mortgage (3500007240950)	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX	XXXXXXX XXXX XXXX XXXXXXXX XXXX
06/13/2000 - R	Mortgage (3440007239544)	XXXXX XXXXX XXXXXXXXXX XX X XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
06/13/2000 - R	Assignment, Mortgage (3040007240904)	X X XXXX XXXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 557 Avenue Z, 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

$302,767

Municipal exemptions

Recent tax assessments

Market value

$5,459,000

Assessed value

$2,456,550

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	$5,296,000	$2,383,200	$2,383,200	12.439%	$296,446	$296,446	+15.17%
2024/25	$4,576,000	$2,059,200	$2,059,200	12.5%	$257,400	$257,400	-18.56%
2023/24	$5,618,000	$2,528,100	$2,528,100	12.502%	$316,063	$316,063	-4.63%
2022/23	$6,844,000	$3,079,800	$2,701,530	12.267%	$331,397	$331,397	+12.57%
2021/22	$5,347,000	$2,406,150	$2,406,150	12.235%	$294,392	$294,392	-6.26%
2020/21	$6,137,000	$2,761,650	$2,560,140	12.267%	$314,052	$314,052	+2.36%
2019/20	$5,901,000	$2,655,450	$2,459,790	12.473%	$306,810	$306,810	+5.43%
2018/19	$5,788,000	$2,604,600	$2,307,420	12.612%	$291,012	$291,012	+5.67%
2017/18	$5,591,000	$2,515,950	$2,165,220	12.719%	$275,394	$275,394	+6.92%
2016/17	$5,029,000	$2,263,050	$1,998,000	12.892%	$257,582	$257,582	+8.03%

Permits

Permit information for 557 Avenue Z, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/18/2022	Alteration
07/05/2022	Alteration
01/18/2021	Alteration
06/28/2017	Alteration type 3
11/10/2011	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
	06/22/2023	Earcx-failure to submit eer none
	06/02/2022	Bench-failure to benchmark none
	07/19/2021	E-elevator

*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

McDonald Ave & Avenue X at NE Corner

Station lines

Distance (miles)

0.277

View subway map

Access the detailed traffic volume map for 557 Avenue Z, 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

Neighbors for 557 Avenue Z, Brooklyn, NY

2502 W 2nd St, Brooklyn 2508 W 2nd St, Brooklyn 2514 W 2nd St, Brooklyn 15 Dank CT, Brooklyn 29 Dank CT, Brooklyn 2522 W 2nd St, Brooklyn 2518 W 2nd St, Brooklyn 2512 W 2nd St, Brooklyn 25 Dank CT, Brooklyn 2504 W 2nd St, Brooklyn 9 Dank CT, Brooklyn 19 Dank CT, Brooklyn 31 Dank CT, Brooklyn 2520 W 2nd St, Brooklyn 2510 W 2nd St, Brooklyn 11 Dank CT, Brooklyn 21 Dank CT, Brooklyn 23 Dank CT, Brooklyn 33 Dank CT, Brooklyn

Nearby ZIP codes for 557 Avenue Z, 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 557 Avenue Z, Brooklyn, NY 11223?

The development at 557 Avenue Z, Brooklyn, NY 11223 was built in 1951.

What is the total square footage of 557 Avenue Z, Brooklyn, NY 11223?

557 Avenue Z, Brooklyn, NY 11223 has a total of 97,440 square feet.

What is the assessed value of 557 Avenue Z, Brooklyn, NY 11223?

557 Avenue Z, Brooklyn, NY 11223 is currently assessed at $2,456,550.

What are the property taxes for 557 Avenue Z, Brooklyn, NY 11223?

The property taxes for 557 Avenue Z, Brooklyn, NY 11223 total $302,766.

How many residential units does this building have?

This building has 120 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.