Kings  »  11215  »  5th Ave  »  487 5th Ave

487 5th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 487 5th Ave

Property image for 487 5th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1920

Lot sq. ft.

2,499

Sale price

$1,593,400

General information

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Address
Primary address
487 5th Avenue
Alternate address(es)
487 Ab 5th Ave
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01023-0005

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
7,224
Building dimensions
28.67 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
05/16/2008
Sale price
$1,593,400
Tax
Tax year
2026-2027
Property tax
$37,933
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
28.67 ft x 87.17 ft
Lot sq. ft.
2,499

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.94 Miles
Closest fire station
0.28 Miles

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

Ownership information for 487 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 487 5th Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
05/16/2008 $1,593,400 XXXX-XXXXXXXXX XXXXXX, XX X XXX XXX XXXXXX, XX X XXX XXX XXX XXX XXX & XXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/20/2024 - R
12/20/2023 - D
Asgn of Asgn of L&R
(2024102200202030)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
11/20/2024 - R
12/20/2023 - D
Assignment, Mortgage
(2024102200202029)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
12/05/2017 - R
11/17/2017 - D
Assignment of Leases and Rents
(2017112800715004)
XXX XXX XXX XXXXXXXXX XXXX
12/05/2017 - R
11/17/2017 - D
Agreement
(2017112800715003)
XXX XXX XXX XXXXXXXXX XXXX
12/05/2017 - R
11/17/2017 - D
Mortgage
(2017112800715002)
XXX XXX XXX XXXXXXXXX XXXX
12/05/2017 - R
11/17/2017 - D
Termination of Assign of L&R
(2017112800715001)
XXXXXXXXX XXXX XXX XXX XXX
01/27/2010 - R
01/12/2010 - D
Deed
(2010012001251001)
XXXXXXXXXXXXX XXXXXX XXX XXX XXX XXX
06/11/2008 - R
05/16/2008 - D
Mortgage
(2008052701375002)
XXXXXXXXXXXXX XXXXXX XX X XXXXXXX XXXXXX
06/11/2008 - R
05/16/2008 - D
Deed
(2008052701375001)
XXX XXX XXXXX XXX XXXXXXXXXXXXX XXXXXX XX X
07/01/2006 - R
02/08/2006 - D
Termination of Assign of L&R
(2006032201148002)
XXX XXX XXXXX XXX XXX XXXX XXXXXXX XXXX XX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 487 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
$37,933
Municipal exemptions
Recent tax assessments
Market value
$3,166,000
Assessed value
$1,424,700

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 $3,390,000 $1,525,500 $282,367 12.439% $35,124 $35,124 -0.49%
2024/25 $3,180,000 $1,431,000 $282,367 12.5% $35,296 $35,296 +6.43%
2023/24 $2,650,000 $1,192,500 $265,255 12.502% $33,162 $33,162 +10.07%
2022/23 $3,313,000 $1,490,850 $245,608 12.267% $30,129 $30,129 +4.97%
2021/22 $2,650,000 $1,192,500 $234,580 12.235% $28,701 $28,701 +7.72%
2020/21 $2,650,000 $1,192,500 $217,205 12.267% $26,645 $26,645 -1.65%
2019/20 $3,312,800 $1,490,760 $217,205 12.473% $27,092 $27,092 +5.28%
2018/19 $4,141,000 $1,863,450 $204,042 12.612% $25,734 $25,734 +7.09%
2017/18 $3,550,000 $1,597,500 $188,929 12.719% $24,030 $24,030 +3.30%
2016/17 $2,998,000 $1,349,100 $180,446 12.892% $23,263 $23,263 +8.07%

Permit information for 487 5th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/27/2023 Alteration
07/11/2022 Alteration
07/07/2022 Alteration
06/16/2022 Alteration
02/17/2015 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
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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
-

Subway & traffic

Closest station
4th Ave & 10th St at NW Corner
Station lines
F
Distance (miles)
0.199

Access the detailed traffic volume map for 487 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 487 5th Avenue, Brooklyn, NY 11215?

The development at 487 5th Avenue, Brooklyn, NY 11215 was built in 1920.

What is the market value of 487 5th Avenue, Brooklyn, NY 11215?

The current market value of 487 5th Avenue, Brooklyn, NY 11215 is $3,166,000.

What is the total square footage of 487 5th Avenue, Brooklyn, NY 11215?

487 5th Avenue, Brooklyn, NY 11215 has a total of 7,224 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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