New York City » 11225 » Crown St » 54 Crown St

54 Crown Street, Brooklyn, NY 11225 - Property report

Also known as: 54 Crown St

Property image for 54 Crown Street, Brooklyn, NY 11225

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2024

Lot sq. ft.

55,385

Sale price

$41,025,000

General information

Address

Primary address

54 Crown Street

Alternate address(es)

125 Montgomery St
131 Montgomery St

ZIP code

11225

Neighborhood

Crown Heights

Borough

Brooklyn

Block & lot

01190-0029

Building

Property type

Elevator Apartment - Fireproof with Stores (D6)

Building sq. ft.

509,488

Building dimensions

235 ft x 262 ft

Buildings on lot

Stories

Year built

2024

Building material

Sales

Sale date

07/24/2018

Sale price

$41,025,000 - M

Tax

Tax year

2026-2027

Property tax

$33,286

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

569

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

235 ft x 262 ft

Lot sq. ft.

55,385

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

77 /100. Very Bikeable

School district

Community district

Closest police station

0.62 Miles

Closest fire station

0.43 Miles

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

Ownership

Ownership information for 54 Crown 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 54 Crown Street, Brooklyn, NY 11225

Sale date	Sale price	Buyer name	Seller name
07/24/2018	$41,025,000	XX XX XXXXX XXXXXXX, XXX	XXXXXXX XXXXX XXX
03/27/2014	$14,500,000	XXXXXXX XXXXX XXX	XXXXXXX XXXXXXX XXXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/06/2026 - R	UCC3 Termination (2026040300331011)	XX XX XXXXX XXXXXXX XXX	XXXXXXX XXXXX XXXX XXX
04/06/2026 - R	UCC3 Termination (2026040300331010)	XX XX XXXXX XXXXXXX XXX	XXXXXXX XXXXX XXXX XXX
04/06/2026 - R	UCC3 Termination (2026040300331009)	XX XX XXXXX XXXXXXX XXX	XXXXXXX XXXXX XXXX XXX
04/06/2026 - R 03/30/2026 - D	Termination of Assign of L&R (2026040300331008)	XXXXXXX XXXXX XXXX XXX	XX XX XXXXX XXXXXXX XXX
04/06/2026 - R 03/30/2026 - D	Sundry Agreement (2026040300331007)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXX XX XXX XXXX (XXX)
04/06/2026 - R 03/30/2026 - D	Assignment, Mortgage (2026040300331006)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXX XXX
04/06/2026 - R 03/30/2026 - D	Agreement (2026040300331005)	XX XX XXXXX XXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/06/2026 - R 03/30/2026 - D	Mortgage (2026040300331004)	XX XX XXXXX XXXXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/06/2026 - R 03/30/2026 - D	Assignment, Mortgage (2026040300331003)	XXXXXXX XXXXX XXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/06/2026 - R 03/30/2026 - D	Assignment, Mortgage (2026040300331002)	XXXXXXX XXXXX XXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 54 Crown 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

$33,286

Municipal exemptions

Recent tax assessments

Market value

$158,438,000

Assessed value

$71,297,100

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	$81,431,000	$36,643,950	$34,937,621	12.439%	$4,345,891	$4,345,891	+7042.53%
2024/25	$5,413,000	$324,780	$302,939	20.085%	$60,845	$60,845	-11.39%
2023/24	$5,698,000	$341,880	$341,880	20.085%	$68,667	$68,667	-6.05%
2022/23	$5,998,000	$359,880	$359,880	20.309%	$73,088	$73,088	-3.36%
2021/22	$6,314,000	$378,840	$378,840	19.963%	$75,628	$75,628	-11.61%
2020/21	$6,646,000	$2,990,700	$800,099	10.694%	$85,563	$85,563	+130.25%
2019/20	$2,926,000	$175,560	$175,560	21.167%	$37,161	$37,161	-19.06%
2018/19	$3,658,000	$219,480	$219,480	20.919%	$45,913	$45,913	-17.90%
2017/18	$4,572,000	$274,320	$274,320	20.385%	$55,920	$55,920	-35.14%
2016/17	$1,812,000	$815,400	$815,400	10.574%	$86,220	$86,220	-2.81%

Permits

Permit information for 54 Crown Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/07/2025	Alteration
04/10/2025	Alteration
03/26/2025	Alteration
03/26/2025	Alteration
01/15/2025	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/06/2024	Aeuhaz1-fail to certify class 1 none
	09/30/2020	Aeuhaz1-fail to certify class 1
	09/05/2018	Aeuhaz1-fail to certify class 1

*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

Franklin Ave & Eastern Pkwy at SW Corner

Station lines

FS-2-3-4-5

Distance (miles)

0.262

View subway map

Access the detailed traffic volume map for 54 Crown Street, Brooklyn, NY 11225 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 54 Crown Street, Brooklyn, NY

65 New York Ave, Brooklyn 932 Carroll St, Brooklyn 1045 Union St, Brooklyn 859 Classon Ave, Brooklyn 140 Eastern Pkwy, Brooklyn 482 Sterling Pl, Brooklyn 1333 Pacific St, Brooklyn 964 Franklin Ave, Brooklyn 35 Empire Blvd, Brooklyn 1382 Atlantic Ave, Brooklyn 71 Brooklyn Ave, Brooklyn 591 Franklin Ave, Brooklyn 255 Eastern Pkwy, Brooklyn 1452 Atlantic Ave, Brooklyn 307 Eastern Pkwy, Brooklyn 350 Lincoln Pl, Brooklyn 1146 Atlantic Ave, Brooklyn 474 Sterling Pl, Brooklyn

Frequently asked questions

What is the year built for 54 Crown Street, Brooklyn, NY 11225?

The development at 54 Crown Street, Brooklyn, NY 11225 was built in 2024.

What is the market value of 54 Crown Street, Brooklyn, NY 11225?

The current market value of 54 Crown Street, Brooklyn, NY 11225 is $158,438,000.

What is the total square footage of 54 Crown Street, Brooklyn, NY 11225?

54 Crown Street, Brooklyn, NY 11225 has a total of 509,488 square feet.

What is the price per square foot for this property?

$80 per square foot is the price for 54 Crown Street, Brooklyn, NY 11225.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.