1659 55th Street, Brooklyn
Two-family with store · built c. 1930 · Block 5485, Lot 64.
Building permits
- Alteration, filed Jun 18, 2026, estimated cost $242K, described as “Vertical and horizontal enlargement of existing 2-story residential building, adding 1 story, partition work as per plan”
Property taxes
- Assessment
- $161,520
- 2026–27 tax
- $13,992
- Market value (city estimate)
- $2,692,000
- Taxable value
- $70,514
- Assessed land
- $30,060
- Assessed improvements
- $131,460
Zoning
R5: floor area ratio 1.49 built, 1.50 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 17, 2024: $2,100,000
Open-market sales since 2016, from the Department of Finance’s sales files.