# 1856 55th Street, Brooklyn

Single family · built 1950 · Block 5494, Lot 48.

On Umarelli: https://umarelli.org/nyc/3054940048/1856-55-street

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

## 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.

## Recent sales

- Sep 1, 2022: $1,130,000

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