New York City  »  11215  »  5th Ave  »  298 5th Ave

298 5th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 296-298 5th Ave

Property image for 298 5th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Primarily Four Family with One Store or Office (S4)

Year built

1920

Lot sq. ft.

2,400

Sale price

$1,200,000

General information

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Address
Primary address
298 5th Avenue
Alternate address(es)
296-298 5th Ave
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
00969-0042

Owner

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Building
Property type
Primarily Four Family with One Store or Office (S4)
Building sq. ft.
5,400
Building dimensions
25 ft x 72 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
2005
Building material
Sales
Sale date
11/21/2005
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$27,488
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
25 ft x 96 ft
Lot sq. ft.
2,400

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.65 Miles
Closest fire station
0.26 Miles

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

Ownership information for 298 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 298 5th Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
11/21/2005 $1,200,000 XXX XXX XXXXXX XXXXX, XXX XXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/27/2024 - R Initial UCC1
(2024092600615001)
XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
08/09/2024 - R
07/31/2024 - D
Assignment of Leases and Rents
(2024080900211003)
XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
08/09/2024 - R
07/31/2024 - D
Agreement
(2024080900211002)
XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
08/09/2024 - R
07/31/2024 - D
Mortgage
(2024080900211001)
XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
04/19/2024 - R Initial UCC1
(2024041501222001)
XXXXX XXXXXXXXXX XXX XXXXXXX XXXXXXX XXXX XXX
07/17/2019 - R
06/19/2019 - D
Satisfaction of Mortgage
(2019071700086001)
XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXX
01/18/2019 - R UCC3 Continuation
(2019011700948001)
XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX
02/14/2014 - R Initial UCC1
(2014021400520002)
XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX
02/14/2014 - R UCC3 Termination
(2014021400520001)
XXX XXX XXXXXX XXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXX
02/19/2014 - R
02/06/2014 - D
Mortgage
(2014021200975007)
XXXXX XXXXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 298 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
$27,488
Municipal exemptions
Recent tax assessments
Market value
$2,970,000
Assessed value
$1,336,500

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 $2,624,000 $1,180,800 $214,981 12.439% $26,741 $26,741 +7.47%
2024/25 $2,558,400 $1,151,280 $199,057 12.5% $24,882 $24,882 +7.98%
2023/24 $2,132,000 $959,400 $184,314 12.502% $23,043 $23,043 +8.41%
2022/23 $2,066,000 $929,700 $173,272 12.267% $21,255 $21,255 +2.20%
2021/22 $2,005,000 $902,250 $169,987 12.235% $20,798 $20,798 +2.52%
2020/21 $2,005,000 $902,250 $165,370 12.267% $20,286 $20,286 +6.22%
2019/20 $2,506,400 $1,127,880 $153,121 12.473% $19,099 $19,099 +6.81%
2018/19 $3,133,000 $1,409,850 $141,780 12.612% $17,881 $17,881 +5.48%
2017/18 $2,686,000 $1,208,700 $133,286 12.719% $16,953 $16,953 +0.56%
2016/17 $2,245,000 $1,010,250 $130,759 12.892% $16,857 $16,857 +2.86%

Permit information for 298 5th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/12/2024 Alteration
07/20/2024 Alteration
02/04/2015 Alteration type 2
08/11/2006 Alteration type 2
08/09/2005 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required
02/24/2017 Lblvio-low pressure boiler

*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
5

Subway & traffic

Closest station
4th Ave & Union St at SE Corner
Station lines
R
Distance (miles)
0.222

Access the detailed traffic volume map for 298 5th Avenue, Brooklyn, NY 11215 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 298 5th Avenue, Brooklyn, NY 11215?

The development at 298 5th Avenue, Brooklyn, NY 11215 was built in 1920.

What is the market value of 298 5th Avenue, Brooklyn, NY 11215?

The current market value of 298 5th Avenue, Brooklyn, NY 11215 is $2,970,000.

What is the total square footage of 298 5th Avenue, Brooklyn, NY 11215?

298 5th Avenue, Brooklyn, NY 11215 has a total of 5,400 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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