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5504 3rd Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5504 3rd Ave

Property image for 5504 3rd Avenue, Brooklyn, NY 11220

Property type

Fireproof Warehouse (E1)

Year built

1931

Lot sq. ft.

6,500

Sale price

$2,800,000

General information

Address

Primary address

5504 3rd Avenue

Alternate address(es)

5504-5510 3rd Ave

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00829-0034

Building

Property type

Fireproof Warehouse (E1)

Building sq. ft.

6,500

Building dimensions

65 ft x 100 ft

Buildings on lot

Stories

Year built

1931

Last altered

2003

Building material

Sales

Sale date

12/23/2022

Sale price

$2,800,000

Tax

Tax year

2026-2027

Property tax

$41,005

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

65 ft x 100 ft

Lot sq. ft.

6,500

Area overview

Walk score

81 /100. Very Walkable

Transit score

92 /100. Rider's Paradise

Bike score

74 /100. Very Bikeable

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.24 Miles

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

Ownership

Ownership information for 5504 3rd Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5504 3rd Avenue, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
12/23/2022	$2,800,000	XXXX XXXXXX XXX	XXXXXX XXXXXX XXX
09/03/2009	$1,900,000	XXXXXX XXXXXX XXX	XXXXXXXX XXXXXX X X , XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/25/2023 - R	UCC3 Termination (2023011101140003)	XXXXXX XXXXXX XXX	XXXXXXXX XXXX
01/25/2023 - R 01/11/2023 - D	Termination of Assign of L&R (2023011101140002)	XXXXXXXX XXXX	XXXXXX XXXXXX XXX
01/25/2023 - R 01/11/2023 - D	Satisfaction of Mortgage (2023011101140001)	XXXXX XXXXXXXXXX	XXXXXXXX XXXX
12/29/2022 - R	Initial UCC1 (2022122900606001)	XXXX XXXXXX XXX	XXXXXX XXXX
01/06/2023 - R 12/23/2022 - D	Assignment of Leases and Rents (2023010500206003)	XXXX XXXXXX XXX	XXXXXX XXXX
01/06/2023 - R 12/23/2022 - D	Mortgage (2023010500206002)	XXXX XXXXXX XXX	XXXXXX XXXX
01/06/2023 - R 12/23/2022 - D	Deed (2023010500206001)	XXXXXX XXXXXX XXX	XXXX XXXXXX XXX
08/24/2021 - R	Initial UCC1 (2021081801471005)	XXXXXX XXXXXX XXX	XXXXXXXX XXXX
08/24/2021 - R 08/17/2021 - D	Assignment of Leases and Rents (2021081801471004)	XXXXXX XXXXXX XXX	XXXXXXXX XXXX
08/24/2021 - R 08/17/2021 - D	Agreement (2021081801471003)	XXXXXX XXXXXX XXX	XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5504 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

$41,005

Municipal exemptions

Recent tax assessments

Market value

$941,000

Assessed value

$423,450

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	$890,000	$400,500	$347,940	10.848%	$37,745	$37,745	+4.64%
2024/25	$853,000	$383,850	$335,160	10.762%	$36,070	$36,070	+5.87%
2023/24	$792,000	$356,400	$321,660	10.592%	$34,070	$34,070	+2.00%
2022/23	$724,000	$325,800	$313,740	10.646%	$33,401	$33,401	+13.70%
2021/22	$607,000	$273,150	$273,150	10.755%	$29,377	$29,377	-9.02%
2020/21	$748,000	$336,600	$301,950	10.694%	$32,291	$32,291	+11.06%
2019/20	$703,000	$316,350	$275,940	10.537%	$29,076	$29,076	+9.04%
2018/19	$704,000	$316,800	$253,620	10.514%	$26,666	$26,666	+6.38%
2017/18	$612,000	$275,400	$238,409	10.514%	$25,066	$25,066	+3.62%
2016/17	$588,000	$264,600	$228,777	10.574%	$24,191	$24,191	+9.91%

Permits

Permit information for 5504 3rd Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/13/2011	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 53rd St at SW Corner

Station lines

Distance (miles)

0.179

View subway map

Access the detailed traffic volume map for 5504 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 5504 3rd Avenue, Brooklyn, NY

5502 3rd Ave, Brooklyn 263 56th St, Brooklyn 259 56th St, Brooklyn 234 55th St, Brooklyn 5514 3rd Ave, Brooklyn 271 56th St, Brooklyn 272 55th St, Brooklyn 254 55th St, Brooklyn 5524 3rd Ave, Brooklyn 269 56th St, Brooklyn 257 56th St, Brooklyn 268 55th St, Brooklyn 256 55th St, Brooklyn 5518 3rd Ave, Brooklyn 261 56th St, Brooklyn 260 55th St, Brooklyn 265 56th St, Brooklyn 250 55th St, Brooklyn 238 55th St, Brooklyn

Nearby ZIP codes for 5504 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 5504 3rd Avenue, Brooklyn, NY 11220?

The development at 5504 3rd Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5504 3rd Avenue, Brooklyn, NY 11220?

The current market value of 5504 3rd Avenue, Brooklyn, NY 11220 is $941,000.

What is the total square footage of 5504 3rd Avenue, Brooklyn, NY 11220?

5504 3rd Avenue, Brooklyn, NY 11220 has a total of 6,500 square feet.

What is the price per square foot for this property?

$430 per square foot is the price for 5504 3rd Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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.