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502 5th Avenue, Brooklyn, NY 11215 Property Information

502 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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502 5th Avenue, Brooklyn, NY 11215 1
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Address

Primary address 502 5th Avenue
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01028-0039

Sales & Tax Overview for 502 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 01/05/2023
Purchase price $2,660,000
Tax class
Estimated property tax $8,399

Lot & Building Information for 502 5th Avenue, Brooklyn

Lot sqft 1,600
Lot dimensions 20 ft x 80 ft
Building class Primarily Two Family with One Store or Office (S2)
Building sqft 3,600
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 3
Year built 1920
Construction type
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Zoning & Use for 502 5th Avenue, Brooklyn

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

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.90 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 502 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 502 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 502 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 502 5th Avenue, Brooklyn

How many square feet does 502 5th Avenue, Brooklyn, NY 11215 have?

This Primarily Two Family with One Store or Office (S2) located at 502 5th Avenue, Brooklyn, NY 11215 has a total of 3,600 square feet.

What is the year built & the current market value of 502 5th Avenue, Brooklyn, NY 11215?

502 5th Avenue, Brooklyn, NY 11215 was built in 1920 and has a current tax assessor's market value of $3,483,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 502 5th Avenue, Brooklyn

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Property owner name for 502 5th Avenue, Brooklyn, NY 11215
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Building contacts for 502 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 502 5th Avenue, Brooklyn

502 5th Ave
Listing type For Lease
Listing date 03/28/2023
Last updated 01/23/2025
Lot size 0.037 Acre

1,600 SF Ground Floor Retail Space On HEAVY Foot Trafficked Street, 11' Ceilings, 1,600 SF Basement Included, Walking Distance To The D, N, R, W, F & G Subway Lines As Well As Plenty Of Buses, Restaurants, Bars And Activities All In The Area

View Listing

Brokers

Sam Hamway
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail $78.75/Sqft/Year 1,600 Sam Hamway
(914) 979-7395
Active Listings For This Property:
For Lease 502 5th Ave
502 5th Ave
502 5th Avenue, Brooklyn
Property Retail
Availability 1 Spaces listed / 1600 Sqft
Price $78.75/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 502 5th Avenue, Brooklyn

Create a free account to view the complete sales history for 502 5th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/05/2023 $2,660,000
01/10/2007 $1,200,000
       
       
       
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Title Documents for 502 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
02/24/2026 - R UCC3 Termination
(2026021900017006)
02/11/2026 - D
02/24/2026 - R
Assignment of Leases and Rents
(2026021900017004)
02/11/2026 - D
02/24/2026 - R
Agreement
(2026021900017003)
02/11/2026 - D
02/24/2026 - R
Mortgage
(2026021900017002)
02/04/2026 - D
02/24/2026 - R
Termination of Assign of L&R
(2026021900017005)
02/04/2026 - D
02/24/2026 - R
Assignment, Mortgage
(2026021900017001)
04/24/2023 - D
05/11/2023 - R
Correction Deed
(2023050900807001)
01/20/2023 - R Initial UCC1
(2023011100532008)
01/05/2023 - D
01/20/2023 - R
Assignment of Leases and Rents
(2023011100532007)
01/05/2023 - D
01/20/2023 - R
Agreement
(2023011100532006)
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R: Recorded date
D: Document date

Property Taxes for 502 5th Avenue, Brooklyn

Access detailed property tax data for 502 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: $7,925
Estimated property tax: $8,399
Tax assessor's market value: $3,483,000
Assessed value: $208,980

Assessment History for 502 5th Avenue, Brooklyn

Here's the assessment & property tax history for 502 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 $3,483,000 $208,980 $39,937 19.843% $7,925 $7,925 -1.20%
2024/25 $3,447,000 $206,820 $39,936 20.085% $8,021 $8,021 +2.31%
2023/24 $3,275,000 $196,500 $39,035 20.085% $7,840 $7,840 +4.83%
2022/23 $2,571,000 $154,260 $36,826 20.309% $7,479 $7,479 +6.21%
2021/22 $2,201,000 $132,060 $35,276 19.963% $7,042 $7,042 +0.54%

Permits for 502 5th Avenue, Brooklyn

The complete history of permits filed for 502 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
07/20/2007 Alteration type 3
07/19/2007 Alteration type 3
11/13/2000 Alteration type 2
         
         
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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 & 10th St at NW Corner
Station lines F
Distance (miles) 0.194
View subway map
Bus Routes
Name 5 Av/12 St
Line B63
Distance (miles) 0.012

Neighbors for 502 5th Avenue, Brooklyn

Here are the neighbors for 502 5th Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
508 5th Ave, Brooklyn 2,393 03/22/2006
500 A 5th Ave, Brooklyn 3,600 04/24/2023
510 5th Ave, Brooklyn 2,500 03/22/2006
255 13th St, Brooklyn 3,675 08/08/2013 $2,500,000
500 5th Ave, Brooklyn 3,600 04/20/1988
504 5th Ave, Brooklyn 3,600 09/01/2004 $875,000
506 5th Ave, Brooklyn 3,000
261 13th St, Brooklyn 1,915 03/11/2023
262 12th St, Brooklyn 6,000 04/23/2018
258 12th St, Brooklyn 6,000 04/06/1999
274 12th St, Brooklyn 2,469 10/27/2011 $1,592,000
264 12th St, Brooklyn 2,400 01/31/2024
512 5th Ave, Brooklyn 4,960 09/16/2014
516 5th Ave, Brooklyn 2,160 05/25/2005
259 13th St, Brooklyn 1,915 08/24/2021
272 12th St, Brooklyn 2,103 05/06/1999
266 12th St, Brooklyn 12,528 01/19/2006 $2,950,000
260 12th St, Brooklyn 6,240 04/06/1999
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