New York City » 11220 » 8th Ave » 5824 8th Ave

5824 8th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 775-783 59th St

Property image for 5824 8th Avenue, Brooklyn, NY 11220

Property type

Predominant Retail with Other Uses (K4)

Year built

1931

Lot sq. ft.

1,613

Sale price

$6,300,000

General information

Address

Primary address

5824 8th Avenue

Alternate address(es)

775-783 59th St

ZIP code

11220

Neighborhood

Sunset Park

Borough

Brooklyn

Block & lot

00858-0047

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

3,791

Building dimensions

20.17 ft x 78 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

12/01/2017

Sale price

$6,300,000

Tax

Tax year

2026-2027

Property tax

$40,615

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

20.17 ft x 80 ft

Lot sq. ft.

1,613

Area overview

Walk score

94 /100. Walker's Paradise

Transit score

94 /100. Rider's Paradise

Bike score

66 /100. Bikeable

School district

Community district

Closest police station

0.70 Miles

Closest fire station

0.50 Miles

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

Ownership

Ownership information for 5824 8th 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 5824 8th Avenue, Brooklyn, NY 11220

Sale date	Sale price	Buyer name	Seller name
12/01/2017	$6,300,000	XXXX XXX XXXXXXXXXX XXXX.	XXXX XXX XXXXXX XXXXX XXXXXXXXX XXXXX XXX XXXX XXXXX, XX XXXXXXX XXX XXXX-XXXXXX XXXXX, XX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/25/2022 - R 11/18/2022 - D	Agreement (2022112200417001)	XXXX XXX XXXXXXXXXX XXXX	XXXX XXXXX XX XXXXXXX
10/02/2018 - R 09/28/2018 - D	Satisfaction of Mortgage (2018100101051001)	XXXXX XXXX	XXXXXX XXXX
12/18/2017 - R 12/01/2017 - D	Assignment of Leases and Rents (2017121500581003)	XXXX XXX XXXXXXXXXX XXXX	XXXX XXX XXXXXX XXXXX XXXXXXXXX XXXXX
12/18/2017 - R 12/01/2017 - D	Mortgage (2017121500581002)	XXXX XXX XXXXXXXXXX XXXX	XXXX XXX XXXXXX XXXXX XXXXXXXXX XXXXX
12/18/2017 - R 12/01/2017 - D	Deed (2017121500581001)	XXXX XXX XXXXXX XXXXX XXXXXXXXX XXXXX	XXXX XXX XXXXXXXXXX XXXX
09/19/2006 - R 08/01/2006 - D	Deed (2006083101152001)	XXXXX XXXXXXXXXX	XXXXX XXXXXXXXXX
03/03/2000 - R	Satisfaction of Mortgage (3800007118880)	XXXXX XXXX XXXXXX
05/08/1996 - R	Agreement (3580005174558)		XXXXX XXXX XXXXXX
11/01/1990 - R	Satisfaction of Mortgage (3340001578634)	XXXXX XXXX	XXXXX XXXXX
08/21/1989 - R	Mortgage (3570001477957)	XXXXX XXXX	XXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5824 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

$40,615

Municipal exemptions

Recent tax assessments

Market value

$832,000

Assessed value

$374,400

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	$831,000	$373,950	$373,950	10.848%	$40,566	$40,566	-13.20%
2024/25	$965,000	$434,250	$434,250	10.762%	$46,734	$46,734	-4.64%
2023/24	$1,046,000	$470,700	$462,688	10.592%	$49,008	$49,008	+1.49%
2022/23	$1,008,000	$453,600	$453,600	10.646%	$48,290	$48,290	+2.02%
2021/22	$978,000	$440,100	$440,100	10.755%	$47,333	$47,333	+6.49%
2020/21	$993,000	$446,850	$415,620	10.694%	$44,446	$44,446	+4.27%
2019/20	$951,000	$427,950	$404,552	10.537%	$42,628	$42,628	+3.30%
2018/19	$942,000	$423,900	$392,492	10.514%	$41,267	$41,267	+2.66%
2017/18	$882,000	$396,900	$382,322	10.514%	$40,197	$40,197	+0.57%
2016/17	$850,000	$382,500	$378,002	10.574%	$39,970	$39,970	-0.39%

Permits

Permit information for 5824 8th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/12/2020	Alteration
07/23/2020	Alteration
02/26/2020	Alteration type 2
02/25/2020	Alteration
02/25/2020	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/06/2019	Aeuhaz1-fail to certify class 1
	07/25/1994	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

8th Ave & 62nd St at NW Corner

Station lines

Distance (miles)

0.148

View subway map

Access the detailed traffic volume map for 5824 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

Nearby ZIP codes for 5824 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 5824 8th Avenue, Brooklyn, NY 11220?

The development at 5824 8th Avenue, Brooklyn, NY 11220 was built in 1931.

What is the market value of 5824 8th Avenue, Brooklyn, NY 11220?

The current market value of 5824 8th Avenue, Brooklyn, NY 11220 is $832,000.

What is the total square footage of 5824 8th Avenue, Brooklyn, NY 11220?

5824 8th Avenue, Brooklyn, NY 11220 has a total of 3,791 square feet.

What is the price per square foot for this property?

$1,661 per square foot is the price for 5824 8th Avenue, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

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.