Kings  »  11220  »  8th Ave  »  5002 8th Ave

5002 8th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 776-784 50th St

Property image for 5002 8th Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Office Only 2-6 Stories (O2)

Year built

1931

Lot sq. ft.

2,760

General information

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Address
Primary address
5002 8th Avenue
Alternate address(es)
5000-5002 8th Ave
776-784 50th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00794-0039

Owner

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Building
Property type
Office Only 2-6 Stories (O2)
Building sq. ft.
7,420
Building dimensions
34.5 ft x 80 ft
Buildings on lot
1
Stories
2
Year built
1931
Last altered
1995
Building material
Tax
Tax year
2026-2027
Property tax
$58,706
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
34.5 ft x 80 ft
Lot sq. ft.
2,760

Area overview

Walk score
88 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
66 /100.  Bikeable
School district
15
Community district
7
Closest police station
0.95 Miles
Closest fire station
0.41 Miles

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Ownership information for 5002 8th Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5002 8th Avenue, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/01/2004 - R UCC3 Termination
(2004052002046006)
XXXXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX XXX
10/01/2004 - R
05/13/2004 - D
Satisfaction of Mortgage
(2004052002046005)
XXXXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX XXXXXXX
10/01/2004 - R
05/13/2004 - D
Termination of Assign of L&R
(2004052002046002)
XXXX XXXX XXXX XXXXXXX XXXXXX XXXXXX XXXXXX XXXX
11/20/2003 - R UCC3 Continuation
(2003051401195001)
XXXXXX XXXXXX XXXXXX XXXX XXXXXX XXXXXXX XXXX XXXXXXXXX XX XXXXXXXX XX XXXX
09/16/2003 - R UCC3 Continuation
(2003050200144001)
XXXXXX XXXXXX XXXXXX XXXX XXXX XXXX XXX
09/16/2003 - R UCC3 Assignment
(2003050200117001)
XXXXXX XXXXXX XXXXXX XXXX XXXX XXXX XXXX XXX XXXXXXXX XX XXXXXX XXXXXXX X
08/04/1998 - R UCC3 Continuation
(3220006160822)
XXXXXX XXXXXX XXXXXXXXXX XXXX XXXX XXXX XXX
05/31/1994 - R Assignment, Mortgage
(3500004299250)
XXXXXX XXXXXX XXXXXXXXXX XXXX XXXX XXXX XXXXXXX
05/31/1994 - R Agreement
(3900004298290)
10/14/1993 - R UCC3 Continuation
(3870003991187)
XXXXXX XXXXXX XXXXXXXXXX XXXX XXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5002 8th Avenue, 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
$58,706
Municipal exemptions
Recent tax assessments
Market value
$1,305,000
Assessed value
$587,250

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 $1,307,000 $588,150 $481,410 10.848% $52,223 $52,223 +9.68%
2024/25 $1,230,000 $553,500 $442,440 10.762% $47,615 $47,615 +10.87%
2023/24 $1,195,000 $537,750 $405,450 10.592% $42,945 $42,945 +10.23%
2022/23 $976,000 $439,200 $365,940 10.646% $38,958 $38,958 +25.58%
2021/22 $641,000 $288,450 $288,450 10.755% $31,023 $31,023 -14.07%
2020/21 $874,000 $393,300 $337,590 10.694% $36,102 $36,102 +10.92%
2019/20 $819,000 $368,550 $308,880 10.537% $32,547 $32,547 +10.88%
2018/19 $756,000 $340,200 $279,180 10.514% $29,353 $29,353 +9.11%
2017/18 $684,000 $307,800 $255,870 10.514% $26,902 $26,902 +7.00%
2016/17 $618,000 $278,100 $237,780 10.574% $25,143 $25,143 +8.20%

Permit information for 5002 8th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/27/2026 Alteration
02/13/2026 No work
04/21/2025 Alteration
03/20/2025 Alteration
02/20/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 44th St at NW Corner
Station lines
D
Distance (miles)
0.506

Access the detailed traffic volume map for 5002 8th Avenue, Brooklyn, NY 11220 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

Frequently asked questions

What is the year built for 5002 8th Avenue, Brooklyn, NY 11220?

The development at 5002 8th Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5002 8th Avenue, Brooklyn, NY 11220?

The current market value of 5002 8th Avenue, Brooklyn, NY 11220 is $1,305,000.

What is the total square footage of 5002 8th Avenue, Brooklyn, NY 11220?

5002 8th Avenue, Brooklyn, NY 11220 has a total of 7,420 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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