New York City » 11220 » 5th Ave » 5602 5th Ave

5602 5th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 5602 5th Ave

Property image for 5602 5th Avenue, Brooklyn, NY 11220

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1931

Lot sq. ft.

2,517

General information

Address

Primary address

5602 5th Avenue

Alternate address(es)

474-484 56th St

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00839-0038

Building

Property type

Multi-Story Retail Building (2 or More) (K2)

Building sq. ft.

3,776

Building dimensions

25.17 ft x 75 ft

Buildings on lot

Stories

Year built

1931

Building material

Tax

Tax year

2026-2027

Property tax

$15,963

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

25.17 ft x 100 ft

Lot sq. ft.

2,517

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

95 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.45 Miles

Closest fire station

0.18 Miles

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

Ownership

Ownership information for 5602 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 5602 5th Avenue, Brooklyn, NY 11220

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/01/2022 - R 03/21/2022 - D	Satisfaction of Mortgage (2022032900427001)	XXX XXXXXXXX XXXX	XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
11/22/2013 - R 11/07/2013 - D	Assignment of Leases and Rents (2013111100110002)	XXX XX XXXXXXXX XXXX	XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
11/22/2013 - R 11/07/2013 - D	Mortgage (2013111100110001)	XXX XX XXXXXXXX XXXX	XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
07/09/2009 - R	UCC3 Termination (2009061901166001)	XXX XX XXXXXXXX XXX X	XXXXXXXX XXXXXXXX XXXX XX XXX XXXX
07/09/2009 - R 05/29/2009 - D	Termination of Assign of L&R (2009061901076001)	XXXXXXXX XXXXXXXX XXXX XX XXX XXXX
07/09/2009 - R 05/05/2009 - D	Satisfaction of Mortgage (2009061200660001)	XXX XX XXXXXXXX XXX X
01/24/2005 - R 01/12/2005 - D	Initial UCC1 (2005011201296001)	XXX XX XXXXXXXX XXXX	XXXXXXXX XXXXXXXX XXXX XX XXX XXXX
01/24/2005 - R 01/10/2005 - D	Assignment of Leases and Rents (2005011201242002)	XXXXXXXX XXXXXXXX XXXX XX XXX XXXX	XXX XX XXXXXXXX XXXX
01/24/2005 - R 01/10/2005 - D	Mortgage (2005011201242001)	XXX XX XXXXXXXX XXXX	XXXXXXXX XXXXXXXX XXXX XX XXX XXXX
04/12/2001 - R	Satisfaction of Mortgage (3410007605541)	XXX XX XXXXXXXX XXXX	XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5602 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

$15,963

Municipal exemptions

Recent tax assessments

Market value

$380,000

Assessed value

$171,000

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	$344,000	$154,800	$136,890	10.848%	$14,850	$14,850	+0.47%
2024/25	$314,000	$141,300	$137,340	10.762%	$14,781	$14,781	+2.34%
2023/24	$303,000	$136,350	$136,350	10.592%	$14,442	$14,442	+2.54%
2022/23	$294,000	$132,300	$132,300	10.646%	$14,085	$14,085	+9.40%
2021/22	$266,000	$119,700	$119,700	10.755%	$12,874	$12,874	-10.59%
2020/21	$349,000	$157,050	$134,640	10.694%	$14,398	$14,398	+9.07%
2019/20	$312,000	$140,400	$125,280	10.537%	$13,201	$13,201	+4.03%
2018/19	$311,000	$139,950	$120,690	10.514%	$12,689	$12,689	+4.85%
2017/18	$271,000	$121,950	$115,110	10.514%	$12,103	$12,103	+2.31%
2016/17	$253,000	$113,850	$111,870	10.574%	$11,829	$11,829	+0.69%

Permits

Permit information for 5602 5th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/24/2014	Alteration type 2
07/31/2014	Alteration type 2
11/23/2011	Alteration type 2
08/08/2003	Alteration type 2
04/22/1993	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
	01/01/2009	Ll6291-local law 62/91 - boilers
	01/03/2008	Ll6291-local law 62/91 - boilers
	01/19/2007	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 & 59th St at NE Corner

Station lines

N-R

Distance (miles)

0.169

View subway map

Access the detailed traffic volume map for 5602 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 5602 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 5602 5th Avenue, Brooklyn, NY 11220?

The development at 5602 5th Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5602 5th Avenue, Brooklyn, NY 11220?

The current market value of 5602 5th Avenue, Brooklyn, NY 11220 is $380,000.

What is the total square footage of 5602 5th Avenue, Brooklyn, NY 11220?

5602 5th Avenue, Brooklyn, NY 11220 has a total of 3,776 square feet.

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.