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531 5th Avenue, Brooklyn, NY 11215 Property Information

531 5th Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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531 5th Avenue, Brooklyn, NY 11215 4
static Mapbox map

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
Estimated property tax $89,645

Lot & Building Information for 531 5th Avenue, Brooklyn

Lot sqft 7,338
Lot dimensions 75 ft x 97.83 ft
Building class Multi-Story Retail Building (2 or More) (K2)
Building sqft 14,676
Building dimensions 98 ft x 75 ft
Buildings on lot 5
Stories 2
Year built 1920
Year last altered 1958
Construction type
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Zoning & Use for 531 5th Avenue, Brooklyn

Zoning
Commercial units 3
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


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

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 531 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 531 5th Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

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

How many square feet does 531 5th Avenue, Brooklyn, NY 11215 have?

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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Property owner name for 531 5th Avenue, Brooklyn, NY 11215
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Building contacts for 531 5th Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 531 5th Avenue, Brooklyn

No photo available
527-533 5th Avenue
Listing type For Lease
Listing date 10/31/2023
Last updated 01/23/2025
View Listing
Spaces
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
Active Listings For This Property:
For Lease No photo available
527-533 5th Avenue
531 5th Avenue, Brooklyn
Property Retail
Availability 4 Spaces listed / 16090 Sqft
Price Listing price not available
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 531 5th Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 531 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
02/03/2017 - D
02/13/2017 - R
Sundry Miscellaneous
(2017021000870001)
07/30/2014 - D
08/18/2014 - R
Deed
(2014080600380001)
12/21/2012 - D
03/27/2013 - R
Deed
(2012122800601001)
12/31/2011 - D
04/09/2012 - R
Deed
(2012032700709001)
09/25/2008 - D
03/18/2009 - R
NYC Real Property Transfer Tax
(2009031800666001)
01/20/1994 - R Satisfaction of Mortgage
(3490004126349)
06/22/1989 - R Deed
(3830001463283)
07/18/1985 - R Mortgage
(3870001100387)
07/18/1985 - R Deed
(3860001100386)
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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:

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.

Filing date Job type Job status Job description Initial cost
05/03/2024 Alteration
04/14/2024 Alteration
04/04/2024 Alteration
01/24/2024 Alteration
03/20/2019 Alteration
02/22/2019 Alteration type 2
03/30/2018 Alteration
08/23/2016 Alteration type 2
05/25/2016 Alteration type 3
07/30/2013 Alteration type 3
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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 & Prospect Ave at NE Corner
Station lines R
Distance (miles) 0.235
View subway map
Bus Routes
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
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