573-579 BANK ST
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Location
573-579 BANK ST
City, State, Zip
,
Mblu
F14/ 136/ 17/ /
Acct#
4426
Owner
FRESHWATER APARTMENTS 555 LLC
Total Market Value
$913,700
Appraisal
$1,305,300
PID
4426
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$929,400$375,900$1,305,300
Assessment
Valuation YearImprovementsLandTotal
2024$650,600$263,100$913,700

Owner of Record
OwnerFRESHWATER APARTMENTS 555 LLC
Co-Owner
Address417 7TH AVE
BROOKLYN, NY 11215
Sale Price$3,150,000
Certificate
Book & Page 2608/208
Sale Date01/13/2025
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
FRESHWATER APARTMENTS 555 LLC$3,150,000 2608/2082501/13/2025
GAK PROPERTIES LLC$890,000 2135/01810010/01/2015
RED BRICK VILLAGE LLC$650,000 1997/03370012/31/2012
MIDIN PROPERTIES LLC$385,000 1095/00571403/02/1999
PIER PROPERTIES INC$0 1035/01021412/17/1997

Building Information
Building 1 : Section 1
Year Built: 1919
Living Area: 17,032
Replacement Cost: $2,287,158
Building Percent Good: 36
Replacement Cost
Less Depreciation:
$823,400
Building Attributes
FieldDescription
Style:Ret/Apt Com
ModelCommercial
GradeAverage
Stories:3
Occupancy19.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Plastered
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeHeat Pump
Bldg UseRETAIL/APT
Total Rooms 
Total Bedrms00
Total Baths0
Conv Type 
1st Floor Use:3223
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height9.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 11,083 11,083
BASFirst Floor 5,949 5,949
FOPPorch, Open, Finished 226 0
PTOPatio 1,442 0
USTUtility, Storage, Unfinished 640 0
WDKDeck, Wood 270 0
   19,610 17,032

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
A/CAIR CONDITION5900.00 UNITS$5,3001

Land
Land Use
Use Code3223
DescriptionRETAIL/APT  
ZoneC-1
NeighborhoodBNK2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.41
Frontage0
Depth0
Total Market Land$263,100
Appraised Value$375,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  10000.00 S.F.$100,0001
FN1FENCE-4' CHAIN  68.00 L.F.$7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$929,400$375,900$1,305,300
2024$906,400$375,900$1,282,300
2023$837,300$375,900$1,213,200

Assessment
Valuation YearImprovementsLandTotal
2025$650,600$263,100$913,700
2024$634,500$263,100$897,600
2023$586,100$263,100$849,200

Regarding Parcel: Mblu : F14/ 136/ 17/ / Location : 573-579 BANK ST

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