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245 5th Avenue, Brooklyn, NY 11215 Property Information

245 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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245 5th Avenue, Brooklyn, NY 11215 2
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Address

Primary address 245 5th Avenue
Secondary address 245 B 5th Ave
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 00962-0006

Sales & Tax Overview for 245 5th Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/06/2004
Purchase price $1,100,000
Tax class
Estimated property tax $27,363

Lot & Building Information for 245 5th Avenue, Brooklyn

Lot sqft 1,738
Lot dimensions 19 ft x 92.33 ft
Building class Office with Apartments Only (No Commercial) (O8)
Building sqft 2,774
Building dimensions 19 ft x 55 ft
Buildings on lot 1
Stories 2
Year built 1925
Year last altered 2005
Construction type
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Zoning & Use for 245 5th Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.54 Miles
Closest fire station 0.23 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 245 5th Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 245 5th Avenue, Brooklyn, NY 11215, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 245 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 245 B 5th Ave, Brooklyn, NY 11215

About 245 5th Avenue, Brooklyn

How many sq. ft. does 245 5th Avenue, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Office with Apartments Only (No Commercial) (O8) located at 245 5th Avenue, Brooklyn, NY 11215 has a total of 2,774 square feet and a current price per square foot of $396.

What is the year built & the current market value of 245 5th Avenue, Brooklyn, NY 11215?

245 5th Avenue, Brooklyn, NY 11215 was built in 1925 and has a current tax assessor's market value of $550,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 245 5th Avenue, Brooklyn

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Property owner name for 245 5th Avenue, Brooklyn, NY 11215
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Building contacts for 245 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 245 5th Avenue, Brooklyn

Create a free account to view the complete sales history for 245 5th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/06/2004 $1,100,000

Title Documents for 245 5th Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
08/26/2019 - D
11/18/2019 - R
Termination of Assign of L&R
(2019091900870002)
08/26/2019 - D
11/18/2019 - R
Satisfaction of Mortgage
(2019091900870001)
08/31/2010 - D
09/08/2010 - R
Initial UCC1
(2010083101173001)
08/06/2004 - D
08/18/2004 - R
Initial UCC1
(2004081600176001)
08/06/2004 - D
08/30/2004 - R
Assignment of Leases and Rents
(2004081600065003)
08/06/2004 - D
08/30/2004 - R
Mortgage
(2004081600065002)
08/06/2004 - D
08/30/2004 - R
Deed
(2004081600065001)
04/09/1993 - R Satisfaction of Mortgage
(3230001763223)
09/21/1977 - R Mortgage
(37730094600407)
09/21/1977 - R Deed
(37730094600405)
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R: Recorded date
D: Document date

Property Taxes for 245 5th Avenue, Brooklyn

Access detailed property tax data for 245 5th Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $22,604
Estimated property tax: $27,363
Tax assessor's market value: $550,000
Assessed value: $247,500
Exemptions granted by city:

Assessment History for 245 5th Avenue, Brooklyn

Here's the assessment & property tax history for 245 5th Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $550,000 $247,500 $208,373 10.848% $26,849 $22,604 -27.52%
2024/25 $975,000 $438,750 $289,782 10.762% $36,099 $31,186 +25.23%
2023/24 $1,054,000 $474,300 $235,111 10.592% $30,429 $24,903 +38.77%
2022/23 $905,000 $407,250 $168,560 10.646% $24,193 $17,945 +90.05%
2021/22 $340,000 $153,000 $87,789 10.755% $16,455 $9,442 -25.21%

Permits for 245 5th Avenue, Brooklyn

The complete history of permits filed for 245 5th Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/25/2020 Alteration type 3
07/09/2008 Alteration type 2
03/10/2008 Alteration type 1
09/14/2006 Alteration type 2
01/26/2005 Alteration type 1
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & Union St at SE Corner
Station lines R
Distance (miles) 0.18
View subway map
Bus Routes
Name 5 Av/Garfield Pl
Line B63
Distance (miles) 0.014

Neighbors for 245 5th Avenue, Brooklyn

Here are the neighbors for 245 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
241 5th Ave, Brooklyn 2,328 03/07/2006
35 Garfield Pl, Brooklyn 2,400 01/30/2019
21 Garfield Pl, Brooklyn 2,280 12/07/2021 $2,500,000
662 Carroll St, Brooklyn 3,780 03/18/2014
247 5th Ave, Brooklyn 2,090 12/22/1999
13 Garfield Pl, Brooklyn 3,001 07/28/1987
33 Garfield Pl, Brooklyn 1,760 10/30/2015 $2,325,000
243 5th Ave, Brooklyn 2,090 03/31/2023 $2,750,000
652 Carroll St, Brooklyn 9,000 04/01/1982
656 Carroll St, Brooklyn 9,000 04/18/1981
37 Garfield Pl, Brooklyn 1,860 09/16/1997
654 Carroll St, Brooklyn 9,000 04/14/1982
19 Garfield Pl, Brooklyn 2,160 01/08/2013 $1,135,000
640 Carroll St, Brooklyn 17,504 08/09/2002
664 Carroll St, Brooklyn 3,780 05/22/2008
249 5th Ave, Brooklyn 9,000 06/15/2016 $1,677,760
658 Carroll St, Brooklyn 9,000 07/19/1995
660 Carroll St, Brooklyn 9,000 02/25/2004
15 Garfield Pl, Brooklyn 1,574 09/15/1995
17 Garfield Pl, Brooklyn 2,160 10/01/2025
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