New York City  »  11220  »  1st Ave  »  5615 1st Ave

5615 1st Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5615 1st Ave

Property image for 5615 1st Avenue, Brooklyn, NY 11220
static Mapbox map

Property type

Unlicensed Parking Lot (G7)

Lot sq. ft.

10,518

Sale price

$2,600,000

General information

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Address
Primary address
5615 1st Avenue
Alternate address(es)
5615-5617 1st Ave
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
00836-0003

Owner

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Building
Property type
Unlicensed Parking Lot (G7)
Sales
Sale date
08/07/2014
Sale price
$2,600,000
Tax
Tax year
2026-2027
Property tax
$23,832
Tax class
Zoning & Use
Zoning
Qualified opportunity zone
Lot
Frontage(s)
57 Street (narrow)
1 Avenue (wide)
Lot dimensions
100.17 ft x 105 ft
Lot sq. ft.
10,518
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area

Area overview

Walk score
78 /100.  Very Walkable
Transit score
86 /100.  Excellent Transit
Bike score
61 /100.  Bikeable
School district
20
Community district
7
Closest police station
0.48 Miles
Closest fire station
0.49 Miles

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

Ownership information for 5615 1st Avenue, Brooklyn, NY

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

Sales history for 5615 1st Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
08/07/2014 $2,600,000 XXXX XXXXXX XXX XXXXXXXX XXXXXX XXX.
09/18/2003 $2,850,000 XXXXXXXX XXXXXX XXX XXXXX XXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/08/2015 - R UCC3 Termination
(2015082600964003)
XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXX XXX
09/08/2015 - R
07/27/2015 - D
Release
(2015082600964001)
XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXX XXX
10/21/2015 - R
07/27/2015 - D
Partial Release of Mortgage
(2015082600459002)
XXXXXXX XXXXXXX XXXXX XXX XXX XXXXX XXXXXX XXX
10/21/2015 - R
07/27/2015 - D
Assignment, Mortgage
(2015082600459001)
XXXXXX XXXXXXXX XXXX XX XXX XXXX XXXXXXX XXXXXXX XXXXX XXX
02/26/2015 - R Initial UCC1
(2015021900564004)
XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXX XXX
03/06/2015 - R
02/09/2015 - D
Assignment, Mortgage
(2015022601280001)
XXXXXXX XXXXXXX XXXXX XXX XXXXXX XXXXXXXX XXXX XX XXX XXXX
02/26/2015 - R
02/09/2015 - D
Assignment of Leases and Rents
(2015021900564003)
XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXX XXX
02/26/2015 - R
02/09/2015 - D
Mortgage
(2015021900564002)
XXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXX XXX
09/16/2014 - R
08/07/2014 - D
Deed
(2014081900307001)
XXXXXXXX XXXXXX XXX XXXX XXXXXX XXX
07/03/2013 - R
06/18/2013 - D
Termination of Assign of L&R
(2013061901991001)
XXXXXXXXXXXX XXXXXXXXX XXXX XXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5615 1st 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
$23,832
Municipal exemptions
Recent tax assessments
Market value
$771,000
Assessed value
$346,950

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 $593,000 $266,850 $171,450 10.848% $18,599 $18,599 +26.66%
2024/25 $456,000 $205,200 $136,440 10.762% $14,684 $14,684 +24.52%
2023/24 $351,000 $157,950 $111,330 10.592% $11,792 $11,792 +12.50%
2022/23 $270,000 $121,500 $98,460 10.646% $10,482 $10,482 -0.10%
2021/22 $235,000 $105,750 $97,560 10.755% $10,493 $10,493 +6.89%
2020/21 $204,000 $91,800 $91,800 10.694% $9,817 $9,817 +16.97%
2019/20 $177,000 $79,650 $79,650 10.537% $8,393 $8,393 -14.72%
2018/19 $208,000 $93,600 $93,600 10.514% $9,841 $9,841 -7.56%
2017/18 $260,000 $117,000 $101,250 10.514% $10,645 $10,645 +7.35%
2016/17 $245,000 $110,250 $93,780 10.574% $9,916 $9,916 +6.16%

Permit information for 5615 1st Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
09/26/2008 Alteration type 1
11/02/2000 Alteration type 1
08/29/2000 Alteration type 1
08/14/2000 Subdivision: improved
05/17/2000 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Sunset Park residential market stats

Access a detailed real estate market overview of Sunset Park so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Sunset Park and compare it to other neighborhoods in Brooklyn.

Median sale price

$807,209

41.6% Y-o-Y

Median price/sq. ft.

$681

-4.3% Y-o-Y

Brooklyn median sale price

$998,800

3.4% 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
5

Subway & traffic

Closest station
4th Ave & 59th St at NW Corner
Station lines
N-R
Distance (miles)
0.421

Access the detailed traffic volume map for 5615 1st 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Sunset School of Cultural Learning NR Yes Public K-2 152 0.27
P.S. 503 The School Of Discovery 4 Yes Public K-5 630 0.37
Al Madrasa Al Islamiya NR No Private PK-8 164 0.33
Al Madrasa Al Islamiya NR No Private PK-8 164 0.33
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.36
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.36
P.S. 506 The School Of Journalism And Technology 4 No Public K-5 451 0.37
School of Math Science and Healthy Living 6 No Public K-5 207 0.50
BROOKLYN RISE CHARTER SCHOOL 5 No Charter K-3 210 0.58
LEEP Dual Language Academy Charter School 7 No Charter K-3 387 0.61
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 220 John J Pershing 7 Yes Public 6-8 1,229 1.21
MS 936 ARTS OFF 3RD 8 No Public 6-8 445 0.28
Al Madrasa Al Islamiya NR No Private PK-8 164 0.33
Al Madrasa Al Islamiya NR No Private PK, K-8 0 0.36
Our Lady Of Perpetual Help Elementary School NR No Private PK-8 214 0.71
St. Michael Elementary School NR No Private K-8 0 0.82
Is 136 Charles O Dewey 2 No Public 6-8 535 0.89
Sunset Park Prep 5 No Public 6-8 440 0.89
Is 30 Mary White Ovington 5 No Public K-8 911 0.90
Bay Ridge Christian Academy NR No Private PK-8 99 0.92
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Fort Hamilton High School 4 Yes Public 9-12 3,925 1.59
High School of Telecommunication Arts and Technology 6 No Public 9-12 1,273 0.67
Xaverian High School NR No Private 6-12 1,537 0.96
P.S. 371 Lillian L Rashkis NR No Public 9-12 209 1.06
Bay Ridge Preparatory School NR No Private K-12 375 1.07
Sunset Park High School 4 No Public 9-12 1,418 1.16
Yeshiva & Mesivta V'yoel Moshe NR No Private 9-12 702 1.32
Bais Chaya Esther NR No Private PK-11 207 1.35
Zichron Yehuda-Bais Simcha NR No Private 0 1.40

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

When was 5615 1st Avenue, Brooklyn, NY 11220 last sold and what was the sale price?

5615 1st Avenue, Brooklyn, NY 11220 was last sold on 08/07/2014 for $2,600,000.

What is the assessed value of 5615 1st Avenue, Brooklyn, NY 11220?

5615 1st Avenue, Brooklyn, NY 11220 is currently assessed at $346,950.

What are the property taxes for 5615 1st Avenue, Brooklyn, NY 11220?

The property taxes for 5615 1st Avenue, Brooklyn, NY 11220 total $23,831.

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