1516 55th Street, Brooklyn

Three-family · built 1970 · Block 5488, Lot 14.

Building permits

No building permits on file for this lot.

Property taxes

Assessment
$166,860
2026–27 tax
$20,516
Market value (city estimate)
$2,781,000
Taxable value
$103,392
Assessed land
$32,460
Assessed improvements
$134,400

Zoning

R6: floor area ratio 1.61 built, 2.43 allowed by base zoning.

Flood zone

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

Recent sales

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

More construction in Borough Park

Every lot on block 5488

Umarelli: construction in New York City and Jersey City