New York City » 11215 » 5th Ave » 577 5th Ave

577 5th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 176-182 16th St

Property image for 577 5th Avenue, Brooklyn, NY 11215

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

1,931

Sale price

$1,125,000

General information

Address

Primary address

577 5th Avenue

Alternate address(es)

176-182 16th St

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

01053-0015

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

7,199

Building dimensions

25.08 ft x 70 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

07/16/2003

Sale price

$1,125,000

Tax

Tax year

2026-2027

Property tax

$35,062

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

25.08 ft x 77 ft

Lot sq. ft.

1,931

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.72 Miles

Closest fire station

0.41 Miles

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

Ownership

Ownership information for 577 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 577 5th Avenue, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
07/16/2003	$1,125,000	XX XXXXXX XXXXXXXXXX XXX	XXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/02/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100521001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
08/19/2022 - R	UCC3 Termination (2022081100364004)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/19/2022 - R	UCC3 Termination (2022081100364003)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/19/2022 - R	UCC3 Termination (2022081100364002)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
08/19/2022 - R 07/29/2022 - D	Agreement (2022081100364007)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXX XXXX X X
08/19/2022 - R 07/29/2022 - D	Mortgage (2022081100364006)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXXX XXXXX XXXX X X
08/19/2022 - R 07/29/2022 - D	Assignment, Mortgage (2022081100364005)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XXXXXXXX XXXXX XXXX X X
08/19/2022 - R 07/29/2022 - D	Termination of Assign of L&R (2022081100364001)	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX	XX XXXXXX XXXXXXXXXX XXX
08/30/2018 - R	UCC3 Continuation (2018083000393001)	XX XXXXXX XXXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXXXXXXXX
10/27/2017 - R	Initial UCC1 (2017102700433001)	XX XXXXXX XXXXXXXXXX X X X	XXXXXXXX XXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 577 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

$35,062

Municipal exemptions

Recent tax assessments

Market value

$2,479,000

Assessed value

$1,115,550

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	$2,619,000	$1,178,550	$260,991	12.439%	$32,465	$32,465	-0.49%
2024/25	$2,182,800	$982,260	$260,989	12.5%	$32,624	$32,624	+3.18%
2023/24	$1,819,000	$818,550	$252,893	12.502%	$31,617	$31,617	+10.07%
2022/23	$2,245,000	$1,010,250	$234,164	12.267%	$28,725	$28,725	+8.28%
2021/22	$2,641,000	$1,188,450	$216,822	12.235%	$26,528	$26,528	+7.72%
2020/21	$2,641,000	$1,188,450	$200,762	12.267%	$24,627	$24,627	-1.65%
2019/20	$3,300,800	$1,485,360	$200,761	12.473%	$25,041	$25,041	+2.06%
2018/19	$4,126,000	$1,856,700	$194,533	12.612%	$24,535	$24,535	+7.09%
2017/18	$3,538,000	$1,592,100	$180,126	12.719%	$22,910	$22,910	+6.55%
2016/17	$2,987,000	$1,344,150	$166,786	12.892%	$21,502	$21,502	+8.08%

Permits

Permit information for 577 5th Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/26/2005	Alteration type 2
03/12/2002	Alteration type 2
11/10/1999	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	12/31/2009	Lblvio-low pressure boiler
	01/01/2009	Ll6291-local law 62/91 - boilers
	09/16/1997	Ll6291-local law 62/91 - boilers

*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 & Prospect Ave at NE Corner

Station lines

Distance (miles)

0.166

View subway map

Access the detailed traffic volume map for 577 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

Neighbors for 577 5th Avenue, Brooklyn, NY

194 16th St, Brooklyn 587 5th Ave, Brooklyn 591 5th Ave, Brooklyn 212 16th St, Brooklyn 579 5th Ave, Brooklyn 599 5th Ave, Brooklyn 247 Prospect Ave, Brooklyn 184 16th St, Brooklyn 585 5th Ave, Brooklyn 593 5th Ave, Brooklyn 595 5th Ave, Brooklyn 214 16th St, Brooklyn 188 16th St, Brooklyn 216 16th St, Brooklyn 192 16th St, Brooklyn 581 5th Ave, Brooklyn

Frequently asked questions

What is the year built for 577 5th Avenue, Brooklyn, NY 11215?

The development at 577 5th Avenue, Brooklyn, NY 11215 was built in 1931.

What is the market value of 577 5th Avenue, Brooklyn, NY 11215?

The current market value of 577 5th Avenue, Brooklyn, NY 11215 is $2,479,000.

What is the total square footage of 577 5th Avenue, Brooklyn, NY 11215?

577 5th Avenue, Brooklyn, NY 11215 has a total of 7,199 square feet.

What is the price per square foot for this property?

$156 per square foot is the price for 577 5th Avenue, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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.