New York City  »  11220  »  8th Ave  »  5016 8th Ave

5016 8th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5016 8th Ave

Property image for 5016 8th Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1930

Lot sq. ft.

1,600

Sale price

$550,000

General information

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Address
Primary address
5016 8th Avenue
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00794-0045

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,600
Building dimensions
20 ft x 70 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
07/18/2003
Sale price
$550,000
Tax
Tax year
2026-2027
Property tax
$15,520
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 80 ft
Lot sq. ft.
1,600

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
0.94 Miles
Closest fire station
0.40 Miles

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Ownership information for 5016 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 5016 8th Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
07/18/2003 $550,000 XXXXXXX XX XXX. XXXXX, XXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/01/2026 - R UCC3 Termination
(2026042901098005)
XXXXXXX XX XXX XXXXX XXXXXXXX XXXX
05/01/2026 - R Initial UCC1
(2026042901098004)
XXXXXXX XX XXX XXXX XXXX XXXX
05/01/2026 - R
04/03/2026 - D
Assignment of Leases and Rents
(2026042901098003)
XXXXXXX XX XXX XXXX XXXX XXXX
05/01/2026 - R
04/03/2026 - D
Mortgage and Consolidation
(2026042901098002)
XXXXXXX XX XXX XXXX XXXX XXXX
05/01/2026 - R
03/25/2026 - D
Assignment, Mortgage
(2026042901098001)
XXXXX XXXXXXXX XXXX XXXX XXXX XXXX
03/03/2026 - R UCC3 Continuation
(2026030200413001)
XXXXXXX XX XXX XXXXX XXXXXXXX XXXX
03/04/2021 - R UCC3 Continuation
(2021030300932001)
XXXXXXX XX XXX XXXXX XXXXXXXX XXXX
03/02/2021 - R UCC3 Amendment
(2021030100924001)
XXXXXXX XX XXX XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX
03/09/2016 - R UCC3 Termination
(2016030200436006)
XXXXXXX XX XXX XXXXXX XXXX
03/09/2016 - R Initial UCC1
(2016030200436004)
XXXXXXX XX XXX XXXXX XXXXXXXX XXXXXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5016 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
$15,520
Municipal exemptions
Recent tax assessments
Market value
$1,940,000
Assessed value
$116,400

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 $1,869,000 $112,140 $73,786 19.843% $14,641 $14,641 -0.86%
2024/25 $1,906,000 $114,360 $73,526 20.085% $14,768 $14,768 +0.40%
2023/24 $1,744,000 $104,640 $73,231 20.085% $14,708 $14,708 +4.83%
2022/23 $1,369,000 $82,140 $69,086 20.309% $14,031 $14,031 +7.84%
2021/22 $1,235,000 $74,100 $65,177 19.963% $13,011 $13,011 +0.55%
2020/21 $1,478,000 $88,680 $61,488 21.045% $12,940 $12,940 -0.23%
2019/20 $1,556,000 $93,360 $61,272 21.167% $12,969 $12,969 +1.59%
2018/19 $1,297,000 $77,820 $61,026 20.919% $12,766 $12,766 +8.78%
2017/18 $1,210,000 $72,600 $57,572 20.385% $11,736 $11,736 +8.09%
2016/17 $1,008,000 $60,480 $54,314 19.991% $10,858 $10,858 +8.37%

Permit information for 5016 8th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/16/2016 Alteration type 2
07/15/2008 Alteration type 2
06/06/2005 Alteration type 2
05/12/2005 Alteration type 2
04/27/2005 Alteration type 2

*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)
0.52

Access the detailed traffic volume map for 5016 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 5016 8th Avenue, Brooklyn, NY 11220?

The development at 5016 8th Avenue, Brooklyn, NY 11220 was built in 1930.

What is the market value of 5016 8th Avenue, Brooklyn, NY 11220?

The current market value of 5016 8th Avenue, Brooklyn, NY 11220 is $1,940,000.

What is the total square footage of 5016 8th Avenue, Brooklyn, NY 11220?

5016 8th Avenue, Brooklyn, NY 11220 has a total of 3,600 square feet.

What is the price per square foot for this property?

$152 per square foot is the price for 5016 8th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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