# 1659 55th Street, Brooklyn

Two-family with store · built c. 1930 · Block 5485, Lot 64.

On Umarelli: https://umarelli.org/nyc/3054850064/1659-55-street

More construction in Borough Park: https://umarelli.org/nyc/brooklyn/borough-park.md

Every lot on block 5485: https://umarelli.org/nyc/brooklyn/5485.md

## 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.

## Recent sales

- Jul 17, 2024: $2,100,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology