New York City  »  11203  »  E 55th St  »  197 E 55th St

197 East 55th Street, Brooklyn, NY 11203 - Property report

Also known as: 197 E 55th St

Property image for 197 East 55th Street, Brooklyn, NY 11203
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Property type

Two Family Brick (B1)

Year built

2022

Lot sq. ft.

2,000

Sale price

$1,260,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
197 East 55th Street
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04681-0060

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
3,091
Building dimensions
20 ft x 52 ft
Buildings on lot
1
Stories
3
Year built
2022
Building material
Frame
Exterior wall
Brick/Masonary
Basement
4
Garage type
Built-In Garage
Sales
Sale date
08/29/2025
Sale price
$1,260,000
Tax
Tax year
2026-2027
Property tax
$12,925
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
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
20 ft x 100 ft
Lot sq. ft.
2,000

Area overview

Walk score
90 /100.  Walker's Paradise
Transit score
74 /100.  Excellent Transit
Bike score
52 /100.  Bikeable
School district
18
Community district
17
Closest police station
1.10 Miles
Closest fire station
0.25 Miles

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

Ownership information for 197 East 55th Street, Brooklyn, NY

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

Sales history for 197 East 55th Street, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
08/29/2025 $1,260,000 XXXXXXX, XXXX XXXXXXX XXXXXXXXXX XXXX
11/09/2021 $342,500 XXXXXXX XXXXXXXXXX XXXX XXXXXX XXXXXXXX XXX
09/15/2016 $100,000 XXXXXX XXXXXXXX, XXX. XXXXX, XXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/16/2025 - R
08/29/2025 - D
Mortgage
(2025091100169002)
XXXXXXX XXXX XXXX
09/16/2025 - R
08/29/2025 - D
Deed
(2025091100169001)
XXXXXXX XXXXXXXXXX XXXX XXXXXXX XXXX
12/27/2021 - R
11/09/2021 - D
Sundry Miscellaneous
(2021111500413002)
XXXXXX XXXXXXXX XXX
12/27/2021 - R
11/09/2021 - D
Deed
(2021111500413001)
XXXXXX XXXXXXXX XXX XXXXXXX XXXXXXXXXX XXXX
02/05/2020 - R
01/30/2020 - D
Sundry Miscellaneous
(2020020401479001)
XXXXXX XXXXXXXX XXX
05/10/2019 - R
04/15/2019 - D
Termination of Agreement
(2019050900808001)
XXXXXXXXX XXXX XXXXXX XXXXXXX
04/25/2018 - R
03/26/2018 - D
Sundry Miscellaneous
(2018041600861001)
XXXXXX XXXXXXXX XXX
02/23/2018 - R
02/14/2018 - D
Certificate
(2018021501069001)
XXXXXXXXXX XXXXXXXX XXXX
02/23/2018 - R
01/11/2018 - D
Zoning Lot Description
(2018021501069002)
XXXXXX XXXXXXXX XXX
12/13/2017 - R
12/07/2017 - D
Sundry Miscellaneous
(2017121000033004)
XXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 197 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
$12,925
Municipal exemptions
Recent tax assessments
Market value
$1,234,000
Assessed value
$74,040

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 $1,157,000 $69,420 $57,091 19.843% $11,329 $11,329 +3806.03%
2024/25 $231,000 $13,860 $1,444 20.085% $290 $290 +6.02%
2023/24 $231,000 $13,860 $1,362 20.085% $274 $274 +4.50%
2022/23 $201,000 $12,060 $1,289 20.309% $262 $262 +7.73%
2021/22 $184,000 $11,040 $1,218 19.963% $243 $243 -3.21%
2020/21 $177,000 $10,620 $1,193 21.045% $251 $251 -0.49%
2019/20 $162,000 $9,720 $1,192 21.167% $252 $252 +6.27%
2018/19 $153,000 $9,180 $1,135 20.919% $237 $237 +8.45%
2017/18 $173,000 $10,380 $1,074 20.385% $219 $219 +7.90%
2016/17 $168,000 $10,080 $1,015 19.991% $203 $203 +4.39%

Permit information for 197 East 55th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/05/2025 Alteration
01/03/2025 Alteration
09/14/2024 Alteration
01/31/2023 Alteration
12/13/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Rugby, Remsen Village residential market stats

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

Median sale price

Median price/sq. ft.

Brooklyn median sale price

$899,000

6% 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
6

Subway & traffic

Closest station
Saratoga Ave & Livonia Ave at SW Corner
Station lines
3
Distance (miles)
0.768

Access the detailed traffic volume map for 197 East 55th Street, Brooklyn, NY 11203 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. 244 Richard R Green 7 Yes Public PK, K-5 344 0.36
P.S. 244 Richard R Green 7 Yes Public PK, K-5 344 0.36
Flatbush Sda School NR No Private PK-5 83 0.26
Flatbush Sda School NR No Private PK-5 83 0.26
Steps Elementary School NR No Private PK, K-5 75 0.30
Steps Elementary School NR No Private PK, K-5 75 0.30
P.S. 268 Emma Lazarus 8 No Public PK, K-5 236 0.32
P.S. 268 Emma Lazarus 8 No Public PK, K-5 236 0.32
Happy Home Daycare NR No Private PK-3 63 0.34
P.S. 135 Sheldon A Brookner 5 No Public PK, K-5 308 0.40
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Middle School of Media Law and Fine Arts (The) 4 Yes Public 6-8 180 0.42
BROOKLYN SCIENCE AND ENGINEERING ACADEMY 7 No Public 6-8 350 0.36
Learning Dynamics Academy NR No Private PK, K-7 0 0.41
Middle School Of Marketing And Legal Studies NR No Public 6-8 132 0.42
Middle School For Art And Philosphy 4 No Public 6-8 146 0.42
Kings Collegiate Charter School 6 No Charter K-12 1,215 0.42
LAMAD ACADEMY CHARTER SCHOOL 5 No Charter 6-7 187 0.43
Parkway Elementary & Preschool NR No Private PK, K-8 0 0.46
Is 285 Meyer Levin 6 No Public 6-8 552 0.47
Excelsior Elementary School NR No Private 6-12 131 0.54
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
It Takes A Village Academy 3 No Public 9-12 308 0.39
Kurt Hahn Expeditionary Learning School 1 No Public 9-12 152 0.39
Cultural Academy For The Arts And Sciences 3 No Public 9-12 232 0.39
Kings Collegiate Charter School 6 No Charter K-12 1,215 0.42
East Brooklyn Community High School 2 No Public 9-12 127 0.52
Excelsior Elementary School NR No Private 6-12 131 0.54
Brooklyn Ascend Charter School 6 No Charter K-12 1,376 0.66
Nazareth Regional High School NR No Private 9-12 325 0.67
Nazareth Regional High School NR No Private 9-12 448 0.67
Achievement First Crown Heights Charter School 6 No Charter K-12 1,339 0.83

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 197 East 55th Street, Brooklyn, NY 11203?

The development at 197 East 55th Street, Brooklyn, NY 11203 was built in 2022.

What is the total square footage of 197 East 55th Street, Brooklyn, NY 11203?

197 East 55th Street, Brooklyn, NY 11203 has a total of 3,091 square feet.

When was 197 East 55th Street, Brooklyn, NY 11203 last sold and what was the sale price?

197 East 55th Street, Brooklyn, NY 11203 was last sold on 08/29/2025 for $1,260,000.

What is the assessed value of 197 East 55th Street, Brooklyn, NY 11203?

197 East 55th Street, Brooklyn, NY 11203 is currently assessed at $74,040.

What are the property taxes for 197 East 55th Street, Brooklyn, NY 11203?

The property taxes for 197 East 55th Street, Brooklyn, NY 11203 total $12,924.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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