New York City  »  11220  »  3rd Ave  »  5224 3rd Ave

5224 3rd Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5218 3rd Ave

Property image for 5224 3rd Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Miscellaneous Educational Facility (W9)

Year built

1931

Lot sq. ft.

6,017

Sale price

$10

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5224 3rd Avenue
Alternate address(es)
273-283 53rd St
5218 Rear 3rd Ave
5218-5224 3rd Ave
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00805-0049

Owner

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Building
Property type
Miscellaneous Educational Facility (W9)
Building sq. ft.
13,387
Building dimensions
60 ft x 65 ft
Buildings on lot
2
Stories
3
Year built
1931
Last altered
1963
Building material
Sales
Sale date
09/10/2024
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$34,337
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
60.17 ft x 100 ft
Lot sq. ft.
6,017

Area overview

Walk score
84 /100.  Very Walkable
Transit score
92 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
15
Community district
7
Closest police station
0.58 Miles
Closest fire station
0.17 Miles

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Ownership information for 5224 3rd Avenue, Brooklyn, NY

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

Sales history for 5224 3rd Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
09/10/2024 $10 XXXXXX XXXXXXX XXXXXXX XXX. XXXXXX XXXXXX XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/02/2025 - R
09/16/2025 - D
Tax Lien Sale Certificate
(2025100100514001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
04/15/2025 - R
09/10/2024 - D
Deed
(2025040700744001)
XXXXXX XXXXXX XXX XXXXXX XXXXXXX XXXXXXX XXX
08/16/2010 - R
11/14/2005 - D
Satisfaction of Mortgage
(2006051201667001)
XXXXXX XXXXXX XXX X XXXXXXX XXXXXX
06/28/2001 - R Tax Lien Sale Certificate
(FT_3090007717209)
XXXX XX XXX XXXX XXXX XX XXX XXXX
06/28/2001 - R Tax Lien Sale Certificate
(3090007717209)
XXXX XX XXX XXXX XXXX XX XXX XXXX
01/25/1999 - R Assignment of Tax Lien
(3480006428048)
XXXXX XXXXX XXXXX XXXX XX XXX XXXX
07/29/1998 - R Tax Lien Sale Certificate
(3180006152618)
XXXX XX XXX XXXX XXXXX XXXXX XXXXX
02/17/1995 - R Mortgage
(3860004638686)
XXXXXX XXXXXX XXXX XXXXXXX XXXXXX
02/17/1995 - R Deed
(3780004639378)
XXXXXXX XXXXXX XXXXXX XXXXXX XXXX
01/16/1992 - R Deed
(3360001661436)
XXXXXXX XXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5224 3rd 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
$34,337
Municipal exemptions
Recent tax assessments
Market value
$738,000
Assessed value
$332,100

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 $720,000 $324,000 $304,200 10.848% $33,000 $33,000 +0.21%
2024/25 $709,000 $319,050 $306,000 10.762% $32,932 $32,932 +1.34%
2023/24 $695,000 $312,750 $306,810 10.592% $32,497 $32,497 +3.56%
2022/23 $655,000 $294,750 $294,750 10.646% $31,379 $31,379 +7.88%
2021/22 $601,000 $270,450 $270,450 10.755% $29,087 $29,087 -11.53%
2020/21 $740,000 $333,000 $307,440 10.694% $32,878 $32,878 +6.31%
2019/20 $718,000 $323,100 $293,490 10.537% $30,925 $30,925 +5.05%
2018/19 $690,000 $310,500 $279,990 10.514% $29,438 $29,438 +4.57%
2017/18 $650,000 $292,500 $267,750 10.514% $28,151 $28,151 +3.87%
2016/17 $618,000 $278,100 $256,320 10.574% $27,103 $27,103 +2.65%

Permit information for 5224 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/22/2025 Alteration
11/09/2020 Alteration
02/21/2020 Alteration type 1
07/24/2018 Alteration
12/20/2017 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
6

Subway & traffic

Closest station
4th Ave & 53rd St at SW Corner
Station lines
R
Distance (miles)
0.153

Access the detailed traffic volume map for 5224 3rd 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 5224 3rd Avenue, Brooklyn, NY 11220?

The development at 5224 3rd Avenue, Brooklyn, NY 11220 was built in 1931.

What is the total square footage of 5224 3rd Avenue, Brooklyn, NY 11220?

5224 3rd Avenue, Brooklyn, NY 11220 has a total of 13,387 square feet.

When was 5224 3rd Avenue, Brooklyn, NY 11220 last sold and what was the sale price?

5224 3rd Avenue, Brooklyn, NY 11220 was last sold on 09/10/2024 for $10.

What is the assessed value of 5224 3rd Avenue, Brooklyn, NY 11220?

5224 3rd Avenue, Brooklyn, NY 11220 is currently assessed at $332,100.

What are the property taxes for 5224 3rd Avenue, Brooklyn, NY 11220?

The property taxes for 5224 3rd Avenue, Brooklyn, NY 11220 total $34,337.

Disclaimer

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