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125 51st Street, Brooklyn, NY 11232 Property Information

Also known as: 5005 First Ave, Brooklyn, NY 11232

125 51st Street, Brooklyn, NY 11232 Property Information

Also known as: 5005 First Ave, Brooklyn, NY 11232

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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125 51st Street, Brooklyn, NY 11232 1
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Address

Primary address 125 51st Street
Secondary address 5005 1st Ave
Neighborhood Sunset Park
Zip code 11232
Borough Brooklyn
Block & lot 00788-0001

Sales & Tax Overview for 125 51st Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 125 51st Street, Brooklyn

Lot sq. ft. 25,800
Lot dimensions 156.92 ft x 233 ft
Property type Fireproof Warehouse (E1)
Building sqft 35,257
Building dimensions 183 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1961
Construction type
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Zoning & Use for 125 51st Street, Brooklyn

Zoning
Commercial units 4

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 7
Closest police station 0.73 Miles
Closest fire station 0.40 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 125 51st Street, Brooklyn

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Floor area ratio (FAR) for 125 51st Street, Brooklyn, NY 11232, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 125 51st Street, Brooklyn, NY 11232, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 5005 1st Ave, Brooklyn, NY 11232
  • 5005-5023 1st Ave, Brooklyn, NY 11232
  • 101-127 51st St, Brooklyn, NY 11232

About 125 51st Street, Brooklyn

How many square feet does 125 51st Street, Brooklyn, NY 11232 have?

This Fireproof Warehouse (E1) located at 125 51st Street, Brooklyn, NY 11232 has a total of 35,257 square feet.

What is the year built & the current market value of 125 51st Street, Brooklyn, NY 11232?

125 51st Street, Brooklyn, NY 11232 was built in 1961 and has a current tax assessor's market value of $4,477,000.

How many commercial spaces does this building have?

This building has 4 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 125 51st Street, Brooklyn

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Property owner name for 125 51st Street, Brooklyn, NY 11232
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Building contacts for 125 51st Street, Brooklyn, NY 11232
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 125 51st Street, Brooklyn

No photo available
125 51st Street
Listing type For Lease
Listing date 09/30/2025
Last updated 07/07/2026
View Listing

Brokers

Levi Junik
Mark Caso
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available Warehouse/Distribution Listing price not available 15,000 Levi Junik
Mark Caso
Active Listings For This Property:
For Lease No photo available
125 51st Street
125 51st Street, Brooklyn
Property Warehouse/Distribution
Availability 1 Spaces listed / 15000 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 125 51st Street, Brooklyn

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No recorded sales for this property.

Title Documents for 125 51st Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/06/2009 - R
02/12/2009 - D
Deed
(2009030500149001)
10/24/1984 - R Mortgage
(3470001048047)
08/10/1983 - R Satisfaction of Mortgage
(3940000972294)
08/03/1983 - R
07/27/1983 - D
Deed
(3830000970983)
01/11/1982 - R Uniform Commercial Code 1
(3690001827869)
06/11/1979 - R Assignment, Mortgage
(37930107800684)
06/11/1979 - R Mortgage
(37930107800628)
06/11/1979 - R Deed
(37930107800624)
06/08/1967 - R Sundry Agreement
(36730044400017)
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R: Recorded date
D: Document date

Property Taxes for 125 51st Street, Brooklyn

Access detailed property tax data for 125 51st Street, Brooklyn, NY 11232. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $198,935
Tax assessor's market value: $4,477,000
Assessed value: $2,014,650

Assessment History for 125 51st Street, Brooklyn

Here's the assessment & property tax history for 125 51st Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $4,484,000 $2,017,800 $1,669,500 10.848% $181,107 $181,107 +7.79%
2024/25 $4,113,000 $1,850,850 $1,561,154 10.762% $168,011 $168,011 +7.93%
2023/24 $3,579,000 $1,610,550 $1,469,629 10.592% $155,663 $155,663 +17.41%
2022/23 $3,340,000 $1,503,000 $1,245,359 10.646% $132,581 $132,581 +18.59%
2021/22 $2,310,000 $1,039,500 $1,039,500 10.755% $111,798 $111,798 -14.06%

Permits for 125 51st Street, Brooklyn

The complete history of permits filed for 125 51st Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/09/2018 Alteration type 2
08/03/2018 Alteration
07/20/2018 Alteration type 2
09/25/2009 Alteration type 2
12/19/2001 Alteration type 2
08/14/1992 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 52nd St at NW Corner (Exit Only)
Station lines R
Distance (miles) 0.404
View subway map

Neighbors for 125 51st Street, Brooklyn

Here are the neighbors for 125 51st Street, Brooklyn, NY 11232.

Address Square feet Purchase date Purchase price
104 50th St, Brooklyn 24,480 10/12/1988
723 50th St, Brooklyn 2,060 06/25/2007
725 50th St, Brooklyn 1,940 02/14/2025 $1,450,000
5001 2nd Ave, Brooklyn 7,366 04/19/2002
214 50th St, Brooklyn 12,000 04/19/2002
4915 7th Ave, Brooklyn 3,300 04/15/2022
7720 18th Ave, Brooklyn 2,940 02/06/1980
727 50th St, Brooklyn 1,940 08/28/2014 $990,000
246 50th St, Brooklyn 02/09/1996
711 50th St, Brooklyn 3,000 11/23/2001
721 50th St, Brooklyn 2,048 02/23/1999
244 50th St, Brooklyn 05/06/1987
715 50th St, Brooklyn 3,072 05/28/2009
248 50th St, Brooklyn 2,920 11/21/2000
5002 2nd Ave, Brooklyn 139,264 02/20/2020 $48,786,000
129 51st St, Brooklyn 46,960 07/20/1995
218 50th St, Brooklyn 10,000 05/06/1987
240 50th St, Brooklyn 11,760 10/30/1979
717 50th St, Brooklyn 3,072 04/12/2022
729 50th St, Brooklyn 1,940 01/04/2021
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