New York City » 11234 » E 55th St » 940 E 55th St

940 East 55th Street, Brooklyn, NY 11234 - Property report

Also known as: 940 E 55th St

Property image for 940 East 55th Street, Brooklyn, NY 11234

Property type

Two Family Brick (B1)

Year built

1960

Lot sq. ft.

2,192

General information

Address

Primary address

940 East 55th Street

ZIP code

11234

Neighborhood

East Flatbush

Borough

Brooklyn

Block & lot

07738-0062

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,050

Building dimensions

21.92 ft x 55 ft

Buildings on lot

Stories

Year built

1960

Building material

C Blck + Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Built-In Garage

Tax

Tax year

2026-2027

Property tax

$8,305

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 55 Street (narrow)

Nearest wide street

East 56 Street

Distance to wide street

Lot dimensions

21.92 ft x 100 ft

Lot sq. ft.

2,192

Area overview

Walk score

71 /100. Very Walkable

Transit score

77 /100. Excellent Transit

Bike score

59 /100. Bikeable

School district

Community district

Closest police station

1.01 Miles

Closest fire station

1.05 Miles

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

Ownership

Ownership information for 940 East 55th 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 940 East 55th Street, Brooklyn, NY 11234

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/29/2015 - R 06/03/2015 - D	Deed (2015072100132001)	XXXXXXXX XXXXXXX	XXXXXXXX XXXXX
05/31/1996 - R 05/14/1996 - D	Deed (3200005205220)	XXXXXXXX XXXX	XXXXXXXX XXXXXXX
08/17/1978 - R	Mortgage (37830101301174)	XXXXXXXX XXXX	XXXXXXXXXXXXX XXXXXXX XXXX
08/17/1978 - R	Deed (37830101301172)	XXXXXX XXXXXX	XXXXXXXX XXXX
08/02/1972 - R	Mortgage (37230057201747)	XXXXXX XXXXXX	XXXXXXXXXX XXXX XX
08/02/1972 - R	Deed (37230057201745)	XXXXXX XXXXXX	XXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 940 East 55th 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

$8,305

Municipal exemptions

Recent tax assessments

Market value

$809,000

Assessed value

$48,540

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	$766,000	$45,960	$39,485	19.843%	$7,835	$7,835	+1.18%
2024/25	$667,000	$40,020	$38,556	20.085%	$7,744	$7,744	+6.00%
2023/24	$668,000	$40,080	$36,374	20.085%	$7,306	$7,306	-1.10%
2022/23	$687,000	$41,220	$36,374	20.309%	$7,387	$7,387	+6.09%
2021/22	$606,000	$36,360	$34,878	19.963%	$6,963	$6,963	+0.55%
2020/21	$642,000	$38,520	$32,904	21.045%	$6,925	$6,925	+1.82%
2019/20	$710,000	$42,600	$32,130	21.167%	$6,801	$6,801	+7.25%
2018/19	$722,000	$43,320	$30,312	20.919%	$6,341	$6,341	+2.62%
2017/18	$560,000	$33,600	$30,312	20.385%	$6,179	$6,179	+6.35%
2016/17	$529,000	$31,740	$29,065	19.991%	$5,810	$5,810	+8.37%

Permits

Permit information for 940 East 55th 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

Flatlands residential market stats

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

Median sale price

$455,000

-34.5% Y-o-Y

Median price/sq. ft.

$478

-11% 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

Nostrand Ave & Flatbush Ave at NE Corner

Station lines

2-5

Distance (miles)

1.235

View subway map

Access the detailed traffic volume map for 940 East 55th Street, Brooklyn, NY 11234 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. 251 Paerdegat	3	Yes	Public	PK, K-5	306	0.21
P.S. 251 Paerdegat	3	Yes	Public	PK, K-5	306	0.21
Great Oaks Elementary School	NR	No	Private	K-8	116	0.42
The Bible Speaks Academy	NR	No	Private	3-9	5	0.43
P.S. 326	NR	No	Public	PK, K-2	149	0.46
P.S. 326	NR	No	Public	PK, K-2	149	0.46
P.S. 109	4	No	Public	PK, K-8	520	0.50
P.S. 109	4	No	Public	PK, K-8	520	0.50
Ebenezer Preparatory School	NR	No	Private	PK-8	92	0.53
Ebenezer Preparatory School	NR	No	Private	PK-8	92	0.53

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 78 Roy H Mann	6	Yes	Public	6-8	542	1.09
Great Oaks Elementary School	NR	No	Private	K-8	116	0.42
The Bible Speaks Academy	NR	No	Private	3-9	5	0.43
P.S. 109	4	No	Public	PK, K-8	520	0.50
Ebenezer Preparatory School	NR	No	Private	PK-8	92	0.53
Brooklyn Kids Preparatory School	NR	No	Private	K-7	40	0.69
Is 68 Isaac Bildersee	4	No	Public	6-8	214	0.70
St Catherine Genoa-St Therese Lisieu	NR	No	Private	PK-8	199	0.74
Is 285 Meyer Levin	6	No	Public	6-8	552	0.92

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn Theatre Arts High School	4	No	Public	9-12	216	0.29
Brooklyn Community High School for Excellence and Equity	3	No	Public	9-12	181	0.29
Academy for Conservation and the Environment	4	No	Public	9-12	383	0.29
Brooklyn Bridge Academy	4	No	Public	9-12	116	0.29
Victory Collegiate High School	2	No	Public	9-12	264	0.29
Nazareth Regional High School	NR	No	Private	9-12	448	0.66
Nazareth Regional High School	NR	No	Private	9-12	325	0.66
Christian Heritage Academy	NR	No	Private	PK, K-12	269	0.76
Eisek Hatorah d'RACHMISTRIVKA	NR	No	Private	9-12	107	0.80
Cultural Academy For The Arts And Sciences	3	No	Public	9-12	232	0.94

Frequently asked questions

What is the year built for 940 East 55th Street, Brooklyn, NY 11234?

The development at 940 East 55th Street, Brooklyn, NY 11234 was built in 1960.

What is the total square footage of 940 East 55th Street, Brooklyn, NY 11234?

940 East 55th Street, Brooklyn, NY 11234 has a total of 2,050 square feet.

What is the assessed value of 940 East 55th Street, Brooklyn, NY 11234?

940 East 55th Street, Brooklyn, NY 11234 is currently assessed at $48,540.

What are the property taxes for 940 East 55th Street, Brooklyn, NY 11234?

The property taxes for 940 East 55th Street, Brooklyn, NY 11234 total $8,305.

How many residential units does this building have?

This building has 2 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.