Kings  »  11232  »  2nd Ave  »  5121 2nd Ave

5121 2nd Avenue, Brooklyn, NY 11232 - Property report

Also known as: 5119-5121 2nd Ave

Property image for 5121 2nd Avenue, Brooklyn, NY 11232
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1931

Lot sq. ft.

2,267

General information

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Address
Primary address
5121 2nd Avenue
Alternate address(es)
5119-5121 2nd Ave
ZIP code
11232
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00797-0002

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
5,395
Building dimensions
26.67 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
1998
Building material
Tax
Tax year
2026-2027
Property tax
$20,854
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
26.67 ft x 85 ft
Lot sq. ft.
2,267

Area overview

Walk score
71 /100.  Very Walkable
Transit score
91 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.65 Miles
Closest fire station
0.28 Miles

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Ownership information for 5121 2nd Avenue, Brooklyn, NY

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

Sales history for 5121 2nd Avenue, Brooklyn, NY 11232

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/18/2015 - R Initial UCC1
(2015120800294005)
XXXXXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/18/2015 - R
12/01/2015 - D
Assignment of Leases and Rents
(2015120800294004)
XXXXXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/18/2015 - R
12/01/2015 - D
Agreement
(2015120800294003)
XXXXXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/18/2015 - R
12/01/2015 - D
Mortgage
(2015120800294002)
XXXXXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/18/2015 - R
11/25/2015 - D
Termination of Assign of L&R
(2015120800294006)
XXXXXXXX XXXXX XXXX XXX XXXXXXXX XXXX
12/18/2015 - R
11/25/2015 - D
Assignment, Mortgage
(2015120800294001)
XXXXXXX XXXXX XXXX XXX XXXX XXXXXXXXX XXXX
04/24/2015 - R
04/13/2015 - D
Satisfaction of Mortgage
(2015041600372001)
XXXXXXX XXXXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
12/17/2003 - R UCC3 Continuation
(2003111301864001)
XXXXXXX XXXXXXXXX XXXX XXXXXXXX XXXXXX XXXXXXX XXXX XXX XXXX
03/10/1999 - R Assignment, Mortgage
(3370006495937)
XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXX XXXXXXX XXXX
03/10/1999 - R Mortgage
(3010006494401)
XXXXXXX XXXXXXXXX XXXX XXXXXXXX XXXXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5121 2nd 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
$20,854
Municipal exemptions
Recent tax assessments
Market value
$910,000
Assessed value
$409,500

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 $758,000 $341,100 $155,233 12.439% $19,309 $19,309 +7.47%
2024/25 $826,800 $372,060 $143,735 12.5% $17,967 $17,967 -0.02%
2023/24 $689,000 $310,050 $143,735 12.502% $17,970 $17,970 +5.18%
2022/23 $574,000 $258,300 $139,279 12.267% $17,085 $17,085 +8.28%
2021/22 $459,400 $206,730 $128,963 12.235% $15,779 $15,779 +7.72%
2020/21 $446,000 $200,700 $119,410 12.267% $14,648 $14,648 +6.22%
2019/20 $372,000 $167,400 $110,565 12.473% $13,791 $13,791 -1.10%
2018/19 $310,000 $139,500 $110,565 12.612% $13,944 $13,944 +2.33%
2017/18 $297,000 $133,650 $107,138 12.719% $13,627 $13,627 +6.55%
2016/17 $270,000 $121,500 $99,202 12.892% $12,789 $12,789 +8.08%

Permit information for 5121 2nd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/11/2026 Alteration
02/18/2026 Alteration
01/30/2026 Alteration
01/06/2026 Alteration
12/03/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Hblvio-high pressure boiler boiler required
06/20/2023 Hblvio-high pressure boiler boiler required
03/06/2019 Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record 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
6

Subway & traffic

Closest station
4th Ave & 52nd St at NW Corner (Exit Only)
Station lines
R
Distance (miles)
0.267

Access the detailed traffic volume map for 5121 2nd Avenue, 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

Frequently asked questions

What is the year built for 5121 2nd Avenue, Brooklyn, NY 11232?

The development at 5121 2nd Avenue, Brooklyn, NY 11232 was built in 1931.

What is the market value of 5121 2nd Avenue, Brooklyn, NY 11232?

The current market value of 5121 2nd Avenue, Brooklyn, NY 11232 is $910,000.

What is the total square footage of 5121 2nd Avenue, Brooklyn, NY 11232?

5121 2nd Avenue, Brooklyn, NY 11232 has a total of 5,395 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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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