--- title: "556 STATE Street #5ES, New York City, NY 11217" description: "556 STATE Street #5ES, New York City, NY 11217 — Boerum Hill, New York City, NY. Last Sold Price $1,240,000. Sold on 8/7/2026. 2 bed, 2 bath, 1,010 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/556-state-street-es-5ES-ny-11217" source: "Real Estate Rebate Team" status: "Closed" --- # 556 STATE Street #5ES, New York City, NY 11217 Boerum Hill, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Last Sold Price**: $1,240,000 - **Status**: Sold on 8/7/2026 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,010 - **Common Charges**: $1,124 / mo - **Price per Sqft**: $1,228 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market. [Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) ## Photos (10) ![556 STATE Street #5ES, New York City, NY 11217 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e704546-9cb2-4e26-8075-93f3baac3a0d.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4b334d7-7577-4ca8-a1a7-bdf6ebb46c39.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79df3c7d-c3d7-429d-9e69-1b42e92de3e5.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4c58979-b4c0-45f0-b6e5-9613044242bc.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/11f5b1be-e341-4425-b61f-526c68df9599.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/843f2324-a2bb-421e-940f-22a1fb54d890.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c159631-d1cd-4fc5-8699-abb70107049e.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c233fe95-8772-4059-9b43-29125f5ae691.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e9d6aab-61ea-4483-abac-fb1bfbb201da.jpg) ![556 STATE Street #5ES, New York City, NY 11217 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ef31a0be-15b9-4a6c-ba94-65da18edc085.jpg) ## Property Overview Doorman terraced condo is the ideal 2 bed/2 bath unit with an open southern exposure and private balcony. It has all the conveniences that make life simpler: dishwasher, washer/dryer, 2 bathrooms, elevator, full-time doorman, storage and a parking garage in the building, and is conveniently located to Atlantic Avenue/Barclay's Center, Brooklyn Academy of Music, and stores at the Atlantic Terminal with access to (2,3,4,5) & (B,D,Q,N,R,W) trains. Walkthrough Video https://www.youtube.com/shorts/L-DL-uicGL0 Residence 5ES is ideally laid-out with a bright and open living space and a private terrace that faces a quiet courtyard with plenty of light. The apartment boasts two large bedrooms, a walk-in closet in the master bedroom, 2 marble bathrooms (one en-suite with a large standing shower, one with a bathtub), an open kitchen with granite countertops and a suite of GE stainless steel appliances, hardwood floors and high ceilings. Open the glass door from the huge eastern exposure living room and step outside to your own quiet oasis, a spacious terrace to enjoy your breakfast or tea and try your hand at gardening, truly a unique experience. The Boerum Heights Condominium at 556 State Street is a full service condominium building that features a 24 hour doorman and live-in residence manager. Building amenities include a fully equipped gym that steps out into a quiet and large common courtyard. Convenient valet parking is also available in the underground parking garage for a separate fee. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,010 sqft - **Stories**: 8 - **Year Built**: 2006 - **Price per Sqft**: $1,228 - **Common Charges**: $1,124 / Monthly - **Listed On**: Mar 17, 2026 - **Days on Market**: 179 Days ### Residence Features - Building Other - Washer Hookup - In Unit - City ## Sales Evidence ### Recent closed sales 24 apartments at BOERUM HEIGHTS have recorded sales since September 2021, the most recent for $1,240,000 in August 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 5ES (Apartment) | 2 | 1,010 | $1,240,000 | $1,228/ft² | August 7, 2026 | MLS | | 8AS (Apartment) | 2 | 988 | $1,340,000 | $1,356/ft² | June 30, 2026 | MLS | | 4C-N (Apartment) | 2 | 975 | $1,200,000 | $1,231/ft² | March 6, 2026 | City record | | 6ES (Apartment) | 2 | 1,010 | $124,900,000 | $123,663/ft² | February 2, 2026 | MLS | | 3CN (Apartment) | 2 | 975 | $1,235,000 | $1,267/ft² | December 19, 2025 | City record · MLS | | 4AS (Apartment) | 2 | 975 | $1,185,000 | $1,215/ft² | July 31, 2025 | City record · MLS | | 4E-S (Apartment) | 2 | 1,010 | $1,235,000 | $1,223/ft² | May 5, 2025 | City record | | 7DS (Apartment) | 2 | 1,010 | $1,269,000 | $1,256/ft² | February 7, 2025 | City record · MLS | | 6CS (Apartment) | 2 | 975 | $1,175,000 | $1,205/ft² | August 16, 2024 | City record · MLS | | 3ES (Apartment) | 2 | 1,010 | $1,270,000 | $1,257/ft² | July 15, 2024 | City record · MLS | | 8BN (Apartment) | 2 | 975 | $1,208,000 | $1,239/ft² | November 20, 2023 | City record · MLS | | 4CS (Apartment) | 2 | 975 | $1,250,000 | $1,282/ft² | August 4, 2023 | City record · MLS | | 6-DS (Apartment) | 2 | 974 | $995,000 | $1,022/ft² | February 16, 2023 | City record · MLS | | 6FS (Loft) | 1 | — | $775,000 | — | February 9, 2023 | City record · MLS | | 4G-S (Apartment) | — | 1,021 | $1,200,000 | $1,175/ft² | August 9, 2022 | City record | | 7DS (Apartment) | 2 | — | $1,103,000 | — | July 25, 2022 | City record · MLS | | 7BS (Loft) | 1 | 800 | $875,000 | $1,094/ft² | July 18, 2022 | City record · MLS | | 3D-N (Apartment) | 2 | 975 | $1,075,000 | $1,103/ft² | June 13, 2022 | City record | | 3F-S (Apartment) | 1 | 723 | $825,000 | $1,141/ft² | April 12, 2022 | City record · MLS | | 2E-S (Apartment) | 2 | 1,010 | $990,000 | $980/ft² | March 29, 2022 | City record · MLS | | 3A-S (Apartment) | 2 | 974 | $975,000 | $1,001/ft² | March 25, 2022 | City record | | 4-AS (Apartment) | 2 | — | $992,000 | — | November 23, 2021 | City record · MLS | | 1AN (Duplex) | 2 | — | $1,150,000 | — | October 26, 2021 | City record · MLS | | 5D-S (Apartment) | 2 | 974 | $999,000 | $1,026/ft² | October 22, 2021 | City record | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at BOERUM HEIGHTS is $1,175,000, based on 17 sales between October 2021 and March 2026. This home is asking $1,240,000, $65,000 above that median. The middle half of those sales closed between $999,000 and $1,235,000. - **Median closed price**: $1,175,000 - **Middle half**: $999,000 – $1,235,000 - **Based on**: 17 two-bedroom sales at BOERUM HEIGHTS - **Period**: October 2021 – March 2026 - **Median $/ft²**: $1,219/ft² Across the 10 of these sales with a published asking price, the median closed at 99.4% of what it originally asked. 60% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 99.4% of the original ask - **Closed below ask**: 60% of 10 sales - **Listed → in contract**: 50 days (about 7 weeks) - **In contract → closed**: 84 days (about 12 weeks) Across the 10 of these sales with a published asking price, the median closed at 99.4% of what it originally asked. 60% of them closed below the original ask. Half of these homes were in contract within 50 days (about 7 weeks) of coming to market, based on the 11 with a recorded listing date. Once a deal was agreed, closing took a further 84 days (about 12 weeks), based on the 11 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 17 two-bedroom sales at BOERUM HEIGHTS, October 2021 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at BOERUM HEIGHTS, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,155/ft² | 7 | | 2018 | $1,113/ft² | 3 (thin) | | 2019 | $1,181/ft² | 6 | | 2022 | $1,098/ft² | 7 | | 2023 | $1,239/ft² | 4 (thin) | | 2025 | $1,240/ft² | 4 (thin) | | 2026 | $1,356/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at BOERUM HEIGHTS](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/boerum-heights) ## Price and Property History for 556 STATE Street, Unit 5ES Review the recorded listing activity for 556 STATE Street, Unit 5ES, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $10,000, or 0.8%, on August 10, 2026 - **Originally listed**: March 17, 2026 at $1,250,000 - **Last sold**: $1,240,000 on August 7, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 10, 2026 | $1,240,000 | Asking price reduced by $10,000, or 0.8% | | August 7, 2026 | $1,240,000 | Sold | | July 18, 2026 | $1,250,000 | Entered contract | | March 17, 2026 | $1,250,000 | Listed for sale by Douglas Elliman Real Estate | | May 2, 2017 | $1,195,000 | Sold — recorded sale price | | January 17, 2017 | $1,195,000 | Listed for sale by The Corcoran Group | ## Property Tax History Taxes at 556 STATE Street #5ES were $14,559 in 2026, up 7.9% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $129,047 | $9,383 | $119,664 | $116,472 | $14,559 | 12.5% (estimated) | | 2025 (FY 2025/26) | $125,129 | $9,383 | $115,746 | $107,976 | $13,497 | 12.5% (estimated) | | 2024 (FY 2024/25) | $115,889 | $9,383 | $106,506 | $102,117 | $12,765 | 12.5% | | 2023 (FY 2023/24) | $108,001 | $9,383 | $98,618 | $97,926 | $9,854 | 12.502% | | 2022 (FY 2022/23) | $109,905 | $9,383 | $100,522 | $94,300 | $7,059 | 12.267% | | 2021 (FY 2021/22) | $86,564 | $9,383 | $77,181 | $86,564 | $4,413 | 12.235% | | 2020 (FY 2020/21) | $95,837 | $9,383 | $86,454 | $83,888 | $2,294 | 12.267% | | 2019 (FY 2019/20) | $94,934 | $9,383 | $85,551 | $75,659 | $300 | 12.473% | | 2018 (FY 2018/19) | $84,271 | $9,383 | $74,888 | $67,089 | $304 | 12.612% | | 2017 (FY 2017/18) | $77,258 | $9,352 | $67,906 | $59,668 | $306 | 12.719% | | 2016 (FY 2016/17) | $66,485 | $9,352 | $57,133 | $53,774 | $310 | 12.892% | | 2015 (FY 2015/16) | $54,434 | $9,352 | $45,082 | $50,756 | $310 | 12.883% | | 2014 (FY 2014/15) | $51,818 | $9,351 | $42,467 | $49,550 | $309 | 12.855% | | 2013 (FY 2013/14) | $48,353 | $9,352 | $39,001 | $49,653 | $316 | 13.145% | | 2012 (FY 2012/13) | $47,795 | $9,352 | $38,443 | $51,561 | $317 | 13.181% | | 2011 (FY 2011/12) | $51,390 | $9,352 | $42,038 | $49,563 | $323 | 13.433% | | 2010 (FY 2010/11) | $48,412 | $9,351 | $39,061 | $46,846 | $321 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3001801201. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### BOERUM HEIGHTS 556 STATE Street, Brooklyn, NY 11217 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2006 - **Total Units**: 1 - **Floors**: 8 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/boerum-heights) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5ES](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11217/556-state-street-es-5ES-ny-11217) | 2 | 2 | 1,010 sqft | $1,228 | $1,240,000 (-0.8%) | Douglas Elliman Real Estate | Mar 17, 2026 | 179 days | ## Estimated Monthly Payment **$7,394 / month**, assuming a 20% down payment ($248,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,270 - **Common Charges**: $1,124 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Boerum Hill Overview of Boerum Hill [Explore Boerum Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Boerum Hill - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) - [Downtown Brooklyn real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/downtown-brooklyn) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [Brooklyn Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brooklyn-heights) ## Related Links - [BOERUM HEIGHTS — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/boerum-heights) - [Boerum Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.