Kings  »  11217  »  5th Ave  »  88 5th Ave

88 5th Avenue, Brooklyn, NY 11217 - Property report

Also known as: 88 5th Ave

Property image for 88 5th Avenue, Brooklyn, NY 11217
static Mapbox map

Property type

Primarily Five to Six Family with One Store or Office (S5)

Year built

1920

Lot sq. ft.

1,279

Sale price

$7,175,000

General information

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Address
Primary address
88 5th Avenue
ZIP code
11217
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
00934-0045

Owner

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Building
Property type
Primarily Five to Six Family with One Store or Office (S5)
Building sq. ft.
4,800
Building dimensions
25 ft x 48 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
04/24/2025
Sale price
$7,175,000
Tax
Tax year
2026-2027
Property tax
$26,502
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
6
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 51.17 ft
Lot sq. ft.
1,279

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
13
Community district
6
Closest police station
0.19 Miles
Closest fire station
0.21 Miles

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Ownership information for 88 5th Avenue, Brooklyn, NY

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

Sales history for 88 5th Avenue, Brooklyn, NY 11217

Sale date Sale price Buyer name Seller name
04/24/2025 $7,175,000 XXXXXXXXX XXXXXX XXX X X X XX X XXX, XXX
06/02/2023 $3,600,000 XX X XXX, XXX XX XXX XXXXXX XXXXXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/15/2026 - R Initial UCC1
(2026070100199013)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/15/2026 - R UCC3 Termination
(2026070100199004)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXX XXX
07/15/2026 - R
06/30/2026 - D
Assignment of Leases and Rents
(2026070100199012)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/15/2026 - R
06/30/2026 - D
Agreement
(2026070100199011)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXXXXXX XX XXXXXX XXX
07/15/2026 - R
06/30/2026 - D
Termination of Assign of L&R
(2026070100199009)
XXXXXX XXXXXXX XXX XXXXXXXXX XXXXXX XXX X X X
07/15/2026 - R
06/30/2026 - D
Assignment, Mortgage
(2026070100199005)
XXXXXX XXXXXXX XXX XXXXXX XXXXXXXXXXX XX XXXXXX XXX
09/02/2025 - R UCC3 Assignment
(2025090200225006)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXX XXXXXX XXX
09/02/2025 - R UCC3 Assignment
(2025090200225003)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXXXXXX XX XXXX XXXXXX XXX
05/22/2025 - R Initial UCC1
(2025051501031004)
XXXXXXXXX XXXXXX XXX X X X XXXXXX XXXXXXXXXXX XX XXXX XXXXXX XXX
09/02/2025 - R
05/07/2025 - D
Asgn of Asgn of L&R
(2025090200225005)
XXXXXX XXX XXXXXX XXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 88 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
$26,502
Municipal exemptions
Recent tax assessments
Market value
$1,643,000
Assessed value
$739,350

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 $2,424,000 $1,090,800 $146,827 12.439% $18,264 $18,264 +2.76%
2024/25 $2,274,000 $1,023,300 $142,182 12.5% $17,773 $17,773 +7.94%
2023/24 $1,895,000 $852,750 $131,704 12.502% $16,466 $16,466 +10.04%
2022/23 $1,837,000 $826,650 $121,976 12.267% $14,963 $14,963 +8.28%
2021/22 $1,793,000 $806,850 $112,944 12.235% $13,819 $13,819 -0.26%
2020/21 $1,965,000 $884,250 $112,944 12.267% $13,855 $13,855 +1.56%
2019/20 $2,228,000 $1,002,600 $109,371 12.473% $13,642 $13,642 +6.77%
2018/19 $2,785,000 $1,253,250 $101,311 12.612% $12,777 $12,777 +7.07%
2017/18 $2,388,000 $1,074,600 $93,828 12.719% $11,934 $11,934 +6.55%
2016/17 $1,996,000 $898,200 $86,880 12.892% $11,201 $11,201 +0.07%

Permit information for 88 5th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/02/2024 Alteration
01/04/2024 Alteration
12/27/2023 Alteration
11/17/2023 Alteration
11/17/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/16/1999 Ll6291-local law 62/91 - boilers
05/04/1998 Ll6291-local law 62/91 - boilers
02/10/1997 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Flatbush Ave & Bergen St at SW Corner
Station lines
2-3
Distance (miles)
0.13

Access the detailed traffic volume map for 88 5th Avenue, Brooklyn, NY 11217 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

Frequently asked questions

What is the year built for 88 5th Avenue, Brooklyn, NY 11217?

The development at 88 5th Avenue, Brooklyn, NY 11217 was built in 1920.

What is the market value of 88 5th Avenue, Brooklyn, NY 11217?

The current market value of 88 5th Avenue, Brooklyn, NY 11217 is $1,643,000.

What is the total square footage of 88 5th Avenue, Brooklyn, NY 11217?

88 5th Avenue, Brooklyn, NY 11217 has a total of 4,800 square feet.

What is the price per square foot for this property?

$1,494 per square foot is the price for 88 5th Avenue, Brooklyn, NY 11217.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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