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540 57th St

Brooklyn, NY 11220

2 bd 2 ba 658 sqft Built 2019 condos
Most recent sale
$470,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $470,000 MLS #457921
Dec 23, 2021 Listed $668,000 MLS #457921
May 12, 2021 Listed $700,000 MLS #451042

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,518 $10,570 $63,088 $238
2024 $52,518 $10,570 $63,088 $240
2023 $33,228 $10,570 $43,798 $236
2022 $29,925 $10,570 $40,495 $176
2021 $29,925 $10,570 $40,495 $4,967

Property facts

Year built
2019
Property type
condos
Stories
Beds
2
Baths
2
Living area
658 sqft
Lot size
ZIP code
11220
City
Brooklyn
Street
57th St
Coordinates
40.64038, -74.01353

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,237
Gross rental yield
5.71%
Implied cap rate
3.71%
Trend-extrapolated value

Frequently asked questions

When did 540 57th St last sell?
540 57th St most recently sold on May 6, 2022 for $470,000.
What is the current tax assessment for 540 57th St?
The most recent total assessment for 540 57th St (year 2025) is $63,088 with $238 in property tax.
How does 540 57th St's assessment compare to its last sale price?
The current assessment is 86.6% below the last sale price of $470,000.
When was 540 57th St built?
540 57th St was built in 2019.
How does 540 57th St compare to others on 57th St?
We track 8 other properties on 57th St. Browse the list under "Other properties on 57th St" to compare beds, baths, and sale history.
What are the property facts for 540 57th St?
540 57th St is a 2 bed, 2 bath, 658 sqft condos.
Is 540 57th St a flip candidate?
No — 540 57th St does not appear in our flips dataset.
Is 540 57th St a tax-appeal candidate?
No — 540 57th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.0%
2026 Q3
$1.57M
2026 Q4
$1.57M
ZIP 11220 — Median Price History + Forecast

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