Kings » 11232 » 51st St » 125 51st St

125 51st Street, Brooklyn, NY 11232 - Property report

Also known as: 5005 1st Ave

Property image for 125 51st Street, Brooklyn, NY 11232

Property type

Fireproof Warehouse (E1)

Year built

1961

Lot sq. ft.

25,800

General information

Address

Primary address

125 51st Street

Alternate address(es)

101-127 51st St
5005-5023 1st Ave

ZIP code

11232

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00788-0001

Building

Property type

Fireproof Warehouse (E1)

Building sq. ft.

35,257

Building dimensions

183 ft x 100 ft

Buildings on lot

Stories

Year built

1961

Building material

Tax

Tax year

2026-2027

Property tax

$198,935

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

156.92 ft x 233 ft

Lot sq. ft.

25,800

Area overview

Walk score

68 /100. Somewhat Walkable

Transit score

90 /100. Rider's Paradise

Bike score

74 /100. Very Bikeable

School district

Community district

Closest police station

0.73 Miles

Closest fire station

0.40 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 125 51st Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 125 51st Street, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/06/2009 - R 02/12/2009 - D	Deed (2009030500149001)	X X XXXXXX XX	XX XXX XXXXXX XXX
10/24/1984 - R	Mortgage (3470001048047)	XX XXXXXX XX	XXXXXXXXXXXXX XXX XXXX
08/10/1983 - R	Satisfaction of Mortgage (3940000972294)	XXX XXXXXX	XXXXXXXXX XXXX
08/03/1983 - R 07/27/1983 - D	Deed (3830000970983)	XXX XXXXXX	X X XXXXXX XX
01/11/1982 - R	Uniform Commercial Code 1 (3690001827869)	XX XXXXXXXX XXXX
06/11/1979 - R	Assignment, Mortgage (37930107800684)	XXX XXXXXX	XXXXXXXXX XXXX
06/11/1979 - R	Mortgage (37930107800628)	XXX XXXXXX	XXXXXXXXX XXXX
06/11/1979 - R	Deed (37930107800624)	XXXXXX XXXXXX	XXX XXXXXX
06/08/1967 - R	Sundry Agreement (36730044400017)	XXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 125 51st Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$198,935

Municipal exemptions

Recent tax assessments

Market value

$4,477,000

Assessed value

$2,014,650

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y 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%
2020/21	$2,973,000	$1,337,850	$1,216,530	10.694%	$130,096	$130,096	+6.97%
2019/20	$2,779,000	$1,250,550	$1,154,160	10.537%	$121,614	$121,614	+6.63%
2018/19	$2,680,000	$1,206,000	$1,084,770	10.514%	$114,053	$114,053	+7.61%
2017/18	$2,595,000	$1,167,750	$1,008,090	10.514%	$105,991	$105,991	+7.30%
2016/17	$2,490,000	$1,120,500	$934,200	10.574%	$98,782	$98,782	+8.08%

Permits

Permit information for 125 51st Street, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/02/2022	Bench-failure to benchmark
	11/02/2021	Bench-failure to benchmark
	08/02/2021	Bench-failure to benchmark

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 125 51st Street, Brooklyn, NY 11232

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	Warehouse/Distribution	Listing price not available	15,000	09/30/2025	08/24/2026	View listing

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 52nd St at NW Corner (Exit Only)

Station lines

Distance (miles)

0.404

View subway map

Access the detailed traffic volume map for 125 51st Street, Brooklyn, NY 11232 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for 125 51st Street, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10038, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 125 51st Street, Brooklyn, NY 11232?

The development at 125 51st Street, Brooklyn, NY 11232 was built in 1961.

What is the market value of 125 51st Street, Brooklyn, NY 11232?

The current market value of 125 51st Street, Brooklyn, NY 11232 is $4,477,000.

What is the total square footage of 125 51st Street, Brooklyn, NY 11232?

125 51st Street, Brooklyn, NY 11232 has a total of 35,257 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

How many active listings does 125 51st Street, Brooklyn, NY 11232 have?

This address has 1 active listing(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.