New York City » 11215 » 5th Ave » 509 5th Ave

509 5th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 503-509 5th Ave

Property image for 509 5th Avenue, Brooklyn, NY 11215

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1920

Lot sq. ft.

7,341

General information

Address

Primary address

509 5th Avenue

Alternate address(es)

503-509 5th Ave

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

01029-0004

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

36,686

Building dimensions

75 ft x 97.83 ft

Buildings on lot

Stories

Year built

1920

Last altered

2017

Building material

Tax

Tax year

2026-2027

Property tax

$334,425

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

75 ft x 97.83 ft

Lot sq. ft.

7,341

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

Closest police station

0.89 Miles

Closest fire station

0.32 Miles

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

Ownership

Ownership information for 509 5th Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 509 5th Avenue, Brooklyn, NY 11215

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/12/2023 - R	UCC3 Termination (2023090800306006)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/12/2023 - R	Initial UCC1 (2023090800306005)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXXX XXXX
09/13/2023 - R 09/06/2023 - D	Termination of Assign of L&R (2023091100171001)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXX XXXXX XXXXXXXXXX XXX
09/12/2023 - R 09/06/2023 - D	Assignment of Leases and Rents (2023090800306004)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXXX XXXX
09/12/2023 - R 09/06/2023 - D	Agreement (2023090800306003)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXXX XXXX
09/12/2023 - R 09/06/2023 - D	Mortgage (2023090800306002)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXXX XXXX
09/12/2023 - R 09/06/2023 - D	Assignment, Mortgage (2023090800306001)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXX
05/03/2023 - R	UCC3 Continuation (2023050200262001)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXX XXX X X
05/10/2018 - R	UCC3 Continuation (2018051000029001)	XXX XXXXX XXXXXXXXXX XXX	XXXXXXX XXX X X
10/31/2013 - R	UCC3 Termination (2013101700555006)	XXX XXXXX XXXXXXXXXX XXX	XXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 509 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

$334,425

Municipal exemptions

Recent tax assessments

Market value

$7,726,000

Assessed value

$3,476,700

More about New York City property taxes

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	$7,406,000	$3,332,700	$2,883,472	10.848%	$312,799	$312,799	+0.27%
2024/25	$6,982,000	$3,141,900	$2,898,820	10.762%	$311,971	$311,971	+2.19%
2023/24	$6,918,000	$3,113,100	$2,882,170	10.592%	$305,279	$305,279	+5.71%
2022/23	$6,087,000	$2,739,150	$2,712,676	10.646%	$291,610	$288,791	+10.64%
2021/22	$5,511,000	$2,479,950	$2,427,001	10.755%	$266,719	$261,024	-10.08%
2020/21	$7,333,000	$3,299,850	$2,714,537	10.694%	$298,786	$290,293	+12.19%
2019/20	$6,797,000	$3,058,650	$2,455,704	10.537%	$269,916	$258,758	+30.21%
2018/19	$5,221,000	$2,349,450	$1,890,129	10.514%	$212,646	$198,728	+14.55%
2017/18	$4,865,000	$2,189,250	$1,650,085	10.514%	$190,191	$173,490	+14.89%
2016/17	$4,641,000	$2,088,450	$1,428,130	10.574%	$172,367	$151,010	+20.35%

Permits

Permit information for 509 5th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/30/2021	Alteration
03/03/2021	Alteration
12/18/2020	Alteration type 2
07/18/2019	Alteration
08/08/2017	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	11/14/2025	Lblvio-low pressure boiler boiler required
	04/29/2021	Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 10th St at NW Corner

Station lines

Distance (miles)

0.226

View subway map

Access the detailed traffic volume map for 509 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 509 5th Avenue, Brooklyn, NY 11215?

The development at 509 5th Avenue, Brooklyn, NY 11215 was built in 1920.

What is the market value of 509 5th Avenue, Brooklyn, NY 11215?

The current market value of 509 5th Avenue, Brooklyn, NY 11215 is $7,726,000.

What is the total square footage of 509 5th Avenue, Brooklyn, NY 11215?

509 5th Avenue, Brooklyn, NY 11215 has a total of 36,686 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.