SOLD FOR $1,600,000
· Closed September 13, 2024
557 St Marks Avenue
MLS® #RLS11000966
Listing by Corcoran Group
5
Bedrooms
3
Baths
2,272
Sq. Ft.
1925
Year Built
Quick Summary
Property Highlights
- Views: Other
- Character: Pre-war building (1925)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 23, 2024 | $1,600,000 | - |
| Currently | May 8, 2026 | $1,600,000 | - |
Description
Welcome to 557 Saint Marks, a two-family townhouse brimming with potential that's primed for both users and developers! Located in the heart of vibrant Crown Heights. this distinguished brick property offers an ideal opportunity to create a personalized masterpiece on an exceptionally desirable block. Adding to its allure and generous lot dimensions of 17' x 128.5', the 2.0 FAR (Floor Area Ratio) allows for approximately 2,100 buildable SF for expansion and development. Remarkably low taxes and its coveted tax-class 1 status make this a sustainable asset for years to come!
The existing layout, consisting of a 4-bedroom, 2-bathroom duplex over a 1-bedroom, 1-bathroom garden apartment, offers both user-friendliness and the added bonus of an income-producing unit. Common elements include amazing (and multiple) exposures, original parquet wood floors, large windows, and spacious living areas. The expansive backyard on an extra-deep lot fulfills the dreams of a true outdoor lover. A single-family conversion to a triplex layout is easily achievable!
With its unrivaled location nestled between Bedford and Franklin Avenues, 557 Saint Marks offers easy access to an array of cultural and outdoor attractions, including dining options and transportation links, making it a highly desirable property to call home. Nearby subway lines include the A/C/S/2/3/4/5, while Prospect Park, the Brooklyn Museum, and Grand Army Plaza are within a mile away. Embrace the opportunity to transform this townhouse into a stunning residence in one of Brooklyn's most sought-after neighborhoods.
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Crown Heights
View All Crown Heights ListingsCrown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.
Crown Heights Live Market Data
View NeighborhoodActive Listings
93
Median Asking Price
$1.50M
Median $/Sqft
$1,036
Avg Days on Market
N/A
New This Week
4
Price Reduced
23%
Sold (30 Days)
14
Median Sale Price
$1.35M
Live data from RLS at REBNY • Updated 5/8/26, 12:10 AM EST
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Location
557 St Marks Avenue, Crown Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $4,152, or roughly $346 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 3 full bathrooms.
The listed interior living area is 2,272 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1925, making it approximately 101 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $1,600,000 for 2,272 sq ft, the asking price per square foot is approximately $704. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Corcoran Group - Marvin Chu
Listing Contact: (718) 685-9430
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/8/2026 at 4:10 AM UTC