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5505 5th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5505 5th Ave

Property image for 5505 5th Avenue, Brooklyn, NY 11220

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

2,667

Sale price

$1,620,000

General information

Address

Primary address

5505 5th Avenue

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00832-0007

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

6,212

Building dimensions

26.67 ft x 60 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

02/24/2022

Sale price

$1,620,000

Tax

Tax year

2026-2027

Property tax

$38,831

Tax class

Zoning & Use

Zoning

Residential units

Residential sq. ft.

Commercial units

Retail sq. ft.

Lot

Lot dimensions

26.67 ft x 100 ft

Lot sq. ft.

2,667

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Current built area

6,214 sq. ft.

Buildable area

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

95 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.51 Miles

Closest fire station

0.13 Miles

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

Ownership

Ownership information for 5505 5th 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 5505 5th Avenue, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
02/24/2022	$1,620,000	XXX XXX XXXXXX XXX	XXXX XXXXXXXXXX XXX
04/15/2011	$20,000	XXXX, XXX XXX XXX XXXX, XXXX XX	XXXX, XXX XXX XXX XXXX, XXXX XX XXX XXXXX, XXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/30/2022 - R	Initial UCC1 (2022071800853001)	XXX XXX XXXXXX XXX	XXXXXXXXXXX XXXXXXXXXXX XXX
11/15/2022 - R	UCC3 Termination (2022071401141001)	XXXX XXXXXXXXXX XXX	XXX XXXXXX XXXXX XXX XXX
10/17/2022 - R 09/13/2022 - D	Assignment, Mortgage (2022101700309001)	XXXXX XXXXX XXXXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/30/2022 - R 08/10/2022 - D	Assignment, Mortgage (2022082500671002)	XXXXXXXXXXX XXXXXXXXXXX XXX	XXXXX XXXXX XXXXX X
08/30/2022 - R 04/14/2022 - D	Power of Attorney (2022082500671001)	XXXXXXXXXXX XXXXXXXXXXX XXX	XXXXX XXXXX XXXXXXXX XXX
05/23/2023 - R 02/24/2022 - D	Satisfaction of Mortgage (2022040700976002)	XXXX XXXXXXXXXX XXX	XXXXX XXXXXX XXXXXXX XXX
05/23/2023 - R 02/24/2022 - D	Termination of Assign of L&R (2022040700976001)	XXXX XXXXXXXXXX XXX	XXXXXXX XXXXX XXXXXXX X XXX
03/28/2022 - R 02/24/2022 - D	Assignment of Leases and Rents (2022030801009003)	XXX XXX XXXXXX XXX	XXXXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXXX
03/28/2022 - R 02/24/2022 - D	Mortgage (2022030801009002)	XXX XXX XXXXXX XXX	XXXXXXXXXXX XXXXXXXXXXX XXX XXXXXXXXXX
03/28/2022 - R 02/24/2022 - D	Deed (2022030801009001)	XXXX XXXXXXXXXX XXX	XXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5505 5th 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

$38,831

Municipal exemptions

Recent tax assessments

Market value

$1,532,000

Assessed value

$689,400

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	$1,309,000	$589,050	$289,050	12.439%	$35,955	$35,955	+6.82%
2024/25	$1,173,000	$527,850	$269,282	12.5%	$33,660	$33,660	+7.98%
2023/24	$1,089,000	$490,050	$249,337	12.502%	$31,172	$31,172	+1.92%
2022/23	$1,104,000	$496,800	$249,337	12.267%	$30,586	$30,586	+4.11%
2021/22	$1,204,000	$541,800	$240,132	12.235%	$29,380	$29,380	+7.72%
2020/21	$1,313,000	$590,850	$222,346	12.267%	$27,275	$27,275	+5.57%
2019/20	$1,326,000	$596,700	$207,140	12.473%	$25,837	$25,837	+6.81%
2018/19	$1,419,000	$638,550	$191,798	12.612%	$24,190	$24,190	-0.84%
2017/18	$1,340,000	$603,000	$191,798	12.719%	$24,395	$24,395	+2.44%
2016/17	$1,215,000	$546,750	$184,717	12.892%	$23,814	$23,814	+8.07%

Permits

Permit information for 5505 5th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/27/2015	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/26/2002	Ll6291-local law 62/91 - boilers
	04/29/1999	C-construction
	08/16/1993	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record 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 SE Corner

Station lines

Distance (miles)

0.184

View subway map

Access the detailed traffic volume map for 5505 5th 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

Nearby ZIP codes for 5505 5th 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 5505 5th Avenue, Brooklyn, NY 11220?

The development at 5505 5th Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5505 5th Avenue, Brooklyn, NY 11220?

The current market value of 5505 5th Avenue, Brooklyn, NY 11220 is $1,532,000.

What is the total square footage of 5505 5th Avenue, Brooklyn, NY 11220?

5505 5th Avenue, Brooklyn, NY 11220 has a total of 6,212 square feet.

What is the price per square foot for this property?

$260 per square foot is the price for 5505 5th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.