531 5th Avenue, Brooklyn, NY 11215 Property Information
531 5th Avenue, Brooklyn, NY 11215 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 531 5th Avenue |
| Secondary address | 251 14th St |
| Neighborhood | Park Slope |
| Zip code | 11215 |
| Borough | Brooklyn |
| Block & lot | 01035-0001 |
Sales & Tax Overview for 531 5th Avenue, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $89,645 |
Lot & Building Information for 531 5th Avenue, Brooklyn
| Lot sqft | 7,338 |
| Lot dimensions | |
| Building class | Multi-Story Retail Building (2 or More) (K2)
|
| Building sqft | 14,676 |
| Building dimensions |
| Buildings on lot | 5 |
| Stories | 2 |
| Year built | 1920 |
| Year last altered | 1958 |
| Construction type | Register |
Area Overview
| School district | 15 |
| Community district | 6 |
| Closest police station | 0.83 Miles |
| Closest fire station | 0.35 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 531 5th Avenue, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 251 14th St, Brooklyn, NY 11215
- 257-259 14th St, Brooklyn, NY 11215
- 259 Rear 14th St, Brooklyn, NY 11215
- 527 Rear 5th Ave, Brooklyn, NY 11215
- 527 5th Ave, Brooklyn, NY 11215
- 529-531 5th Ave, Brooklyn, NY 11215
- 533 5th Ave, Brooklyn, NY 11215
About 531 5th Avenue, Brooklyn
This Multi-Story Retail Building (2 or More) (K2) located at 531 5th Avenue, Brooklyn, NY 11215 has a total of 14,676 square feet.
What is the year built & the current market value of 531 5th Avenue, Brooklyn, NY 11215?531 5th Avenue, Brooklyn, NY 11215 was built in 1920 and has a current tax assessor's market value of $2,462,000.
How many commercial spaces does this building have?This building has 3 commercial spaces available for lease. There are 4 active listings at this address.
Ownership Information for 531 5th Avenue, Brooklyn
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Spaces for Lease in 531 5th Avenue, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 10/31/2023 |
| Last updated | 01/23/2025 |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor #A | Retail | Listing price not available | 3,840 | Jason Pennington Peter Yoon |
| Ground Floor #B | Retail | Listing price not available | 3,500 | Jason Pennington Peter Yoon |
| Lower Level #B | Retail | Listing price not available | 5,250 | Jason Pennington Peter Yoon |
| #C | Retail | Listing price not available | 3,500 | Jason Pennington Peter Yoon |
Past Sales & Property History for 531 5th Avenue, Brooklyn
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No recorded sales for this property.
Title Documents for 531 5th Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 531 5th Avenue, Brooklyn
Access detailed property tax data for 531 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: | $68,103 |
| Estimated property tax: | $89,645 |
| Tax assessor's market value: | $2,462,000 |
| Assessed value: | $1,107,900 |
| Exemptions granted by city: | Register |
Assessment History for 531 5th Avenue, Brooklyn
Here's the assessment & property tax history for 531 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 | $2,462,000 | $1,107,900 | $627,795 | 10.848% | $99,077 | $68,103 | +13.74% |
| 2024/25 | $2,307,000 | $1,038,150 | $556,380 | 10.762% | $96,751 | $59,878 | +68.47% |
| 2023/24 | $1,634,000 | $735,300 | $335,565 | 10.592% | $77,883 | $35,543 | -21.89% |
| 2022/23 | $1,965,000 | $884,250 | $427,410 | 10.646% | $94,137 | $45,502 | +47.38% |
| 2021/22 | $1,780,000 | $801,000 | $287,055 | 10.755% | $86,148 | $30,873 | -37.96% |
Permits for 531 5th Avenue, Brooklyn
The complete history of permits filed for 531 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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 4th Ave & Prospect Ave at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.235 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 5 Av/14 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 531 5th Avenue, Brooklyn
Here are the neighbors for 531 5th Avenue, Brooklyn, NY 11215.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 282 13th St, Brooklyn | 1,396 | 08/24/1995 | |
| 525 5th Ave, Brooklyn | 2,550 | 11/18/2002 | |
| 523 5th Ave, Brooklyn | 2,741 | 11/04/2005 | |
| 519 5th Ave, Brooklyn | 4,313 | 06/22/2007 | $10 |
| 199 14th St, Brooklyn | 31,135 | ||
| 213 14th St, Brooklyn | 4,199 | 02/21/2020 | $1,550,000 |
| 219 14th St, Brooklyn | 3,563 | 07/19/2011 | $1,545,000 |
| 521 5th Ave, Brooklyn | 2,784 | 04/17/2023 | |
| 217 14th St, Brooklyn | 936 | 06/28/1993 | |
| 292 13th St, Brooklyn | 1,536 | 08/09/1995 | |
| 223 14th St, Brooklyn | 1,500 | 06/12/2008 | $1,150,000 |
| 284 13th St, Brooklyn | 3,000 | 04/16/2026 | |
| 292 A 13th St, Brooklyn | 1,536 | 02/23/2001 | |
| 211 14th St, Brooklyn | 12/04/2018 | $1,431,000 | |
| 215 14th St, Brooklyn | 936 | 07/17/2025 | $1,180,000 |
| 288 13th St, Brooklyn | 1,360 | 07/23/1999 | |
| 221 14th St, Brooklyn | 1,472 | 04/29/2016 | |
| 286 13th St, Brooklyn | 2,144 | 02/24/2025 | $2,400,000 |