1856 55th Street, Brooklyn
Single family · built 1950 · Block 5494, Lot 48.
Building permits
- Major Renovation — Residential, filed Aug 26, 2024, estimated cost $1.2M, 2 units in all, 3 stories, described as “Horizontal & vertical enlargement to existing 2 family building into 3 story with cellar.”
Property taxes
- Assessment
- $72,000
- 2026–27 tax
- $7,064
- Market value (city estimate)
- $1,200,000
- Taxable value
- $35,598
- Assessed land
- $24,180
- Assessed improvements
- $47,820
Zoning
R5: floor area ratio 0.51 built, 1.50 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 1, 2022: $1,130,000
Open-market sales since 2016, from the Department of Finance’s sales files.