Kings  »  11232  »  39th St  »  551 39th St

551 39th Street, Brooklyn, NY 11232 - Property report

Also known as: 551 39th St

Property image for 551 39th Street, Brooklyn, NY 11232
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

2007

Lot sq. ft.

2,480

Sale price

$1,550,000

General information

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Address
Primary address
551 39th Street
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00903-0146

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
7,448
Building dimensions
25 ft x 90 ft
Buildings on lot
1
Stories
3
Year built
2007
Last altered
2016
Building material
Sales
Sale date
10/22/2014
Sale price
$1,550,000
Tax
Tax year
2026-2027
Property tax
$33,888
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 100.16 ft
Lot sq. ft.
2,480

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
62 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.50 Miles
Closest fire station
0.17 Miles

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

Ownership information for 551 39th Street, Brooklyn, NY

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

Sales history for 551 39th Street, Brooklyn, NY 11232

Sale date Sale price Buyer name Seller name
10/22/2014 $1,550,000 XXX XXXX XXXXXX XXX XXX XXXXXXXX, XXX
05/15/2009 $1,135,000 XXX XXXXXXXX, XXX XXXXX XXXXX XXXXXXXXXXX XXX, XXX
07/28/2006 $1,200,000 XXXXX XXXXX XXXXXXXXXXX XXX, XXX XXXXX, XXXXXXX XXX XXXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/23/2018 - R
08/16/2018 - D
Tax Lien Sale Certificate
(2018082200614001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/15/2017 - R
08/03/2017 - D
Tax Lien Sale Certificate
(2017081401052001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
11/21/2014 - R
10/22/2014 - D
Assignment of Leases and Rents
(2014110600700001)
XXX XXXX XXXXXX XXX XXX XXXXXXXX XXX
11/14/2014 - R
10/22/2014 - D
Mortgage
(2014110600691001)
XXX XXXX XXXXXX XXX XXX XXXXXXXX XXX
11/14/2014 - R
10/22/2014 - D
Deed
(2014110600682001)
XXX XXXXXXXX XXX XXX XXXX XXXXXX XXX
08/20/2014 - R
08/13/2014 - D
Tax Lien Sale Certificate
(2014081300449001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
06/01/2009 - R UCC3 Termination
(2009052900115001)
XXXXX XXXXX XXXXXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXXXXXX XXXX
06/01/2009 - R
05/15/2009 - D
Deed
(2009052101082001)
XXXXX XXXXX XXXXXXXXXXX XXX XXX XXX XXXXXXXX XXX
06/01/2009 - R
05/05/2009 - D
Termination of Assign of L&R
(2009052101082003)
XXXXXXXX XXXXXXX XXXXXXX XXXX XXXXX XXXXX XXXXXXXXXXX XXX XXX
06/01/2009 - R
05/05/2009 - D
Satisfaction of Mortgage
(2009052101082002)
XXXXX XXXXX XXXXXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 551 39th 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
$33,888
Municipal exemptions
Recent tax assessments
Market value
$1,300,000
Assessed value
$585,000

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 $1,136,000 $511,200 $246,240 10.848% $43,895 $26,712 +33.55%
2024/25 $809,000 $364,050 $185,850 10.762% $39,179 $20,001 +3.82%
2023/24 $925,000 $416,250 $181,890 10.592% $40,038 $19,266 +4.18%
2022/23 $841,000 $378,450 $173,700 10.646% $38,853 $18,492 +10.75%
2021/22 $785,000 $353,250 $155,250 10.755% $37,992 $16,697 -12.03%
2020/21 $835,000 $375,750 $177,480 10.694% $38,393 $18,980 +1.34%
2019/20 $814,000 $366,300 $177,750 10.537% $37,266 $18,730 +19.96%
2018/19 $716,000 $322,200 $148,500 10.514% $33,747 $15,613 +47.95%
2017/18 $228,000 $102,600 $100,375 10.514% $10,553 $10,553 -46.86%
2016/17 $460,000 $207,000 $187,800 10.574% $19,858 $19,858 +459.62%

Permit information for 551 39th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/08/2022 Alteration
06/06/2018 Alteration type 2
06/22/2016 Alteration type 2
04/25/2016 Alteration type 3
03/21/2016 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/16/2019 Aeuhaz1-fail to certify class 1
08/23/2017 Aeuhaz1-fail to certify class 1
06/09/2017 C-construction

*Most recent DOB violations 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
-

Subway & traffic

Closest station
4th Ave & 36th St at NE Corner
Station lines
N-R
Distance (miles)
0.274

Access the detailed traffic volume map for 551 39th Street, Brooklyn, NY 11232 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 551 39th Street, Brooklyn, NY 11232?

The development at 551 39th Street, Brooklyn, NY 11232 was built in 2007.

What is the market value of 551 39th Street, Brooklyn, NY 11232?

The current market value of 551 39th Street, Brooklyn, NY 11232 is $1,300,000.

What is the total square footage of 551 39th Street, Brooklyn, NY 11232?

551 39th Street, Brooklyn, NY 11232 has a total of 7,448 square feet.

What is the price per square foot for this property?

$208 per square foot is the price for 551 39th Street, Brooklyn, NY 11232.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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