New York City  »  11220  »  8th Ave  »  5502 8th Ave

5502 8th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 778-784 55th St

Property image for 5502 8th Avenue, Brooklyn, NY 11220
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Property type

Primarily Two Family with One Store or Office (S2)

Year built

1915

Lot sq. ft.

1,613

General information

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Address
Primary address
5502 8th Avenue
Alternate address(es)
5502 A 8th Ave
778-784 55th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00834-0037

Owner

Find out who owns 5502 8th Avenue, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,700
Building dimensions
20.17 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1915
Last altered
2016
Building material
Tax
Tax year
2026-2027
Property tax
$9,412
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20.17 ft x 80 ft
Lot sq. ft.
1,613

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
64 /100.  Bikeable
School district
20
Community district
7
Closest police station
0.79 Miles
Closest fire station
0.42 Miles

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

Ownership

Ownership information for 5502 8th 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 5502 8th Avenue, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/17/2023 - R Initial UCC1
(2023020800973001)		 XXX XXXX XXX XXXXXX XXXX
02/17/2023 - R
02/06/2023 - D		 Assignment of Leases and Rents
(2023020800912002)		 XXX XXXX XXX XXXXXX XXXX
02/17/2023 - R
02/06/2023 - D		 Mortgage
(2023020800912001)		 XXX XXXX XXX XXXXXX XXXX
06/26/2018 - R UCC3 Termination
(2018062200996006)		 XXX XXXX XXX XXXXXX XXXX
06/27/2018 - R
05/17/2018 - D		 Termination of Assign of L&R
(2018062200855015)		 XXXXXX XXXX XXX XXXX XXX
06/27/2018 - R
05/17/2018 - D		 Satisfaction of Mortgage
(2018062200855014)		 XXX XXXX XXX XXXXXX XXXX
12/21/2017 - R UCC3 Continuation
(2017121400875001)		 XXX XXXX XXX XXXXXX XXXX
01/23/2013 - R UCC3 Continuation
(2013011600666001)		 XXX XXXX XXX XXXXXX XXXX
04/30/2008 - R
04/08/2008 - D		 Assignment of Leases and Rents
(2008042800490002)		 XXX XXXX XXX XXXXXX XXXX
04/30/2008 - R
04/08/2008 - D		 Mortgage
(2008042800490001)		 XXX XXXX XXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5502 8th 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
$9,412
Municipal exemptions
Recent tax assessments
Market value
$2,487,000
Assessed value
$149,220

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 $1,891,000 $113,460 $45,462 19.843% $9,021 $9,021 +3.30%
2024/25 $1,818,000 $109,080 $43,478 20.085% $8,733 $8,733 +4.49%
2023/24 $1,607,000 $96,420 $41,609 20.085% $8,357 $8,357 -0.27%
2022/23 $1,461,000 $87,660 $41,263 20.309% $8,380 $8,380 +6.20%
2021/22 $1,418,000 $85,080 $39,527 19.963% $7,891 $7,891 -1.03%
2020/21 $1,708,000 $102,480 $37,885 21.045% $7,973 $7,973 +3.96%
2019/20 $1,798,000 $107,880 $36,232 21.167% $7,669 $7,669 +5.73%
2018/19 $1,498,000 $89,880 $34,674 20.919% $7,253 $7,253 +3.48%
2017/18 $1,397,000 $83,820 $34,386 20.385% $7,010 $7,010 +36.41%
2016/17 $624,000 $37,440 $25,704 19.991% $5,138 $5,138 +7.98%
Permits

Permit information for 5502 8th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/28/2015 Alteration type 2
03/31/2015 Alteration type 2
03/27/2015 Alteration type 2
03/25/2015 Alteration type 2
06/25/2004 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
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.33
View subway map

Access the detailed traffic volume map for 5502 8th 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 5502 8th Avenue, Brooklyn, NY

5512 8th Ave, Brooklyn 774 55th St, Brooklyn 772 55th St, Brooklyn 5514 8th Ave, Brooklyn 5516 8th Ave, Brooklyn 5520 8th Ave, Brooklyn 754 55th St, Brooklyn 5506 8th Ave, Brooklyn 762 55th St, Brooklyn 5524 8th Ave, Brooklyn 752 55th St, Brooklyn 5504 8th Ave, Brooklyn 5510 8th Ave, Brooklyn 5518 8th Ave, Brooklyn 766 55th St, Brooklyn 764 55th St, Brooklyn 760 55th St, Brooklyn 773 56th St, Brooklyn 770 55th St, Brooklyn 758 55th St, Brooklyn

Nearby ZIP codes for 5502 8th 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 5502 8th Avenue, Brooklyn, NY 11220?

The development at 5502 8th Avenue, Brooklyn, NY 11220 was built in 1915.

What is the market value of 5502 8th Avenue, Brooklyn, NY 11220?

The current market value of 5502 8th Avenue, Brooklyn, NY 11220 is $2,487,000.

What is the total square footage of 5502 8th Avenue, Brooklyn, NY 11220?

5502 8th Avenue, Brooklyn, NY 11220 has a total of 2,700 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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