New York City  »  11220  »  3rd Ave  »  5424 3rd Ave

5424 3rd Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5424 3rd Ave

Property image for 5424 3rd Avenue, Brooklyn, NY 11220
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Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1931

Lot sq. ft.

2,217

Sale price

$750,000

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
5424 3rd Avenue
Alternate address(es)
273-283 55th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00821-0047

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
7,980
Building dimensions
22.17 ft x 90 ft
Buildings on lot
1
Stories
4
Year built
1931
Building material
Sales
Sale date
06/26/2009
Sale price
$750,000
Tax
Tax year
2026-2027
Property tax
$22,215
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
7
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
22.17 ft x 100 ft
Lot sq. ft.
2,217

Area overview

Walk score
81 /100.  Very Walkable
Transit score
92 /100.  Rider's Paradise
Bike score
74 /100.  Very Bikeable
School district
20
Community district
7
Closest police station
0.48 Miles
Closest fire station
0.23 Miles

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

Ownership

Ownership information for 5424 3rd Avenue, Brooklyn, NY

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

Sales history for 5424 3rd Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
06/26/2009 $750,000 XXXX XXX X , XXX XXXXX XXXX XXXXXX XXX
02/10/2006 $800,000 XXXXX XXXX XXXXXX XXX XXX-XX XXXXXXX XXX, XXX
04/15/2005 $719,000 XXX-XX XXXXXXX XXX, XXX XXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/02/2022 - R UCC3 Termination
(2022110100483001)		 XXXX X XXX XXX XXXXXXXX XXXXXXX XXXX XXX
12/02/2022 - R
11/01/2022 - D		 Satisfaction of Mortgage
(2022110100483003)		 XXXX X XXX XXX XXXXXXXX XXXXXXX XXXX XXX
12/02/2022 - R
11/01/2022 - D		 Termination of Assign of L&R
(2022110100483002)		 XXXXXXXX XXXXXXX XXXX XXX XXXX X XXX XXX
03/25/2019 - R UCC3 Continuation
(2019022800293001)		 XXXX X XXX XXX XXXXXXXX XXXX
02/10/2014 - R UCC3 Continuation
(2014020400368001)		 XXXX X XXX XXX XXXXXXXX XXXX
08/17/2009 - R UCC3 Termination
(2009071000601003)		 XXXXX XXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
07/17/2009 - R Initial UCC1
(2009071400440001)		 XXXX X XX X XXX XXXXXXXX XXXXXXX XXXX XXX
08/17/2009 - R
07/17/2009 - D		 Satisfaction of Mortgage
(2009071000601001)		 XXXXX XXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
08/17/2009 - R
07/15/2009 - D		 Termination of Assign of L&R
(2009071000601002)		 XXXXXXXX XXXXXXX XXXX XXX XXXXX XXXX XXXXXX XXX
07/08/2009 - R
06/26/2009 - D		 Assignment of Leases and Rents
(2009070200957003)		 XXXX X XX X XXX XXXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5424 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
$22,215
Municipal exemptions
Recent tax assessments
Market value
$985,000
Assessed value
$443,250

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 $946,000 $425,700 $170,314 12.439% $21,185 $21,185 +2.18%
2024/25 $972,000 $437,400 $165,859 12.5% $20,732 $20,732 +6.55%
2023/24 $810,000 $364,500 $155,632 12.502% $19,457 $19,457 +8.52%
2022/23 $851,000 $382,950 $146,159 12.267% $17,929 $17,929 +6.67%
2021/22 $680,800 $306,360 $137,378 12.235% $16,808 $16,808 +4.59%
2020/21 $661,000 $297,450 $131,011 12.267% $16,071 $16,071 +0.99%
2019/20 $550,800 $247,860 $127,584 12.473% $15,914 $15,914 +5.40%
2018/19 $459,000 $206,550 $119,717 12.612% $15,099 $15,099 +5.59%
2017/18 $440,000 $198,000 $112,430 12.719% $14,300 $14,300 +4.96%
2016/17 $399,000 $179,550 $105,675 12.892% $13,624 $13,624 +4.93%
Permits

Permit information for 5424 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/04/2022 Alteration
08/16/2021 Alteration
11/25/2015 Alteration type 2
05/04/2015 Alteration type 2
04/21/2015 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
04/12/2016 C-construction
01/01/2009 Ll6291-local law 62/91 - boilers
01/03/2008 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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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
4th Ave & 53rd St at SW Corner
Station lines
R
Distance (miles)
0.168
View subway map

Access the detailed traffic volume map for 5424 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

Neighbors for 5424 3rd Avenue, Brooklyn, NY

259 55th St, Brooklyn 243 55th St, Brooklyn 270 54th St, Brooklyn 269 55th St, Brooklyn 261 55th St, Brooklyn 253 55th St, Brooklyn 247 55th St, Brooklyn 5406 3rd Ave, Brooklyn 249 55th St, Brooklyn 5402 3rd Ave, Brooklyn 252 54th St, Brooklyn 260 54th St, Brooklyn 258 54th St, Brooklyn 256 54th St, Brooklyn 254 54th St, Brooklyn 267 55th St, Brooklyn 265 55th St, Brooklyn 5410 3rd Ave, Brooklyn 263 55th St, Brooklyn 266 54th St, Brooklyn

Nearby ZIP codes for 5424 3rd Avenue, Brooklyn, NY

10004, New York City, NY 10005, 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 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 5424 3rd Avenue, Brooklyn, NY 11220?

The development at 5424 3rd Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5424 3rd Avenue, Brooklyn, NY 11220?

The current market value of 5424 3rd Avenue, Brooklyn, NY 11220 is $985,000.

What is the total square footage of 5424 3rd Avenue, Brooklyn, NY 11220?

5424 3rd Avenue, Brooklyn, NY 11220 has a total of 7,980 square feet.

What is the price per square foot for this property?

$93 per square foot is the price for 5424 3rd 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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