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551 Knickerbocker Avenue

551 Knickerbocker Avenue, Brooklyn, NY 11221
Commercial in Bushwick
5 Units
The building on the property was first built in 1931 and is 93 years old. The building has a total of 3 stories. The linear feet between the front and back of the lot is 80 ft and across the front of the lot is 20 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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 $287,550. If we break it down further, the land itself was valued at $79,200. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200507
05/07/2020
Loft
-
-
$1,600,000
bedrooms
Loft
bathrooms
-
$1,499,000 -6.31%
11/30/2020
-
Anthony Domathoti
Exit Realty Premium

Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 5
  • Residential Unit Count: 4
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,600
  • Lot Size Depth Feet: 80
  • Lot Size Frontage Feet: 20
  • Building Depth: 55
  • Building Frontage: 20
  • Gross Building Area: 3,300

    Building Floor Area

  • Residential Building Floor Area: 2,200
  • Commercial Building Floor Area: 1,100
  • Retail Building Floor Area: 1,100

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: S4
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 304
  • City Council District: 37
  • Police Precinct: 83
  • Fire Company: E271
  • Health Area: 3300
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2B
  • School District: 32

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Zoning Commercial Overlay 1: C1-3

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3335
  • Lot: 6
  • Borough Block Lot: 3033350006

    Address

  • Full Address: 551 Knickerbocker Avenue
  • Zip Code: 11221

Valuation

    Assessments Valuation

  • Assessed Total Value: $287,550
  • Assessed Land Value: $79,200

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Northern Brooklyn



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Frequently Asked Questions

What neighborhood is 551 Knickerbocker Avenue located in?
The 551 Knickerbocker Avenue is a commercial located in the neighborhood of Bushwick in Northern Brooklyn, Brooklyn.
What is the average sales price for listings in 551 Knickerbocker Avenue?
The average sales price for units in 551 Knickerbocker Avenue is $0 currently.

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