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551 55th Street

551 55th Street, Brooklyn, NY 11220
Property in Sunset Park
2 Units
The home was built in 1920 and is 104 years old. The linear feet between the front and back of the lot was measured at 100 ft and the front of the lot was measured at 18 ft. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $69,060. If we break it down further, the land itself was valued at $20,880. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 2
  • Residential Unit Count: 2
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,770
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 18
  • Building Depth: 40
  • Building Frontage: 18
  • Gross Building Area: 2,076

    Building Floor Area

  • Residential Building Floor Area: 2,076

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: B9
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 307
  • City Council District: 38
  • Police Precinct: 72
  • Fire Company: L114
  • Health Area: 6500
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4D
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 824
  • Lot: 64
  • Borough Block Lot: 3008240064

    Address

  • Full Address: 551 55 Street
  • Zip Code: 11220

Valuation

    Assessments Valuation

  • Assessed Total Value: $69,060
  • Assessed Land Value: $20,880

    Exemptions

  • Exempt Total Value: $1,440
  • Exempt Land Value: $0

About South Brooklyn



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Frequently Asked Questions

What neighborhood is 551 55th Street located in?
The 551 55th Street is a located in the neighborhood of Sunset Park in South Brooklyn, Brooklyn.
What is the average sales price for listings in 551 55th Street?
The average sales price for units in 551 55th Street is $0 currently.

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