New York City  »  11220  »  50th St  »  863 50th St

863 50th Street #M5, Brooklyn, NY 11220 - Property report

Also known as: 863 50th St #M5

Property image for 863 50th Street #M5, Brooklyn, NY 11220
static Mapbox map

Property type

Office Space (RB)

Year built

2004

Lot sq. ft.

6,061

Sale price

$470,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
863 50th Street #M5
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
05637-1019

Owner

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Building
Property type
Office Space (RB)
Unit sq. ft.
1,018
Buildings on lot
1
Stories
6
Year built
2004
Building material
Sales
Sale date
04/23/2009
Sale price
$470,000
Tax
Tax year
2026-2027
Property tax
$12,976
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
14
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot sq. ft.
6,061

Area overview

Walk score
87 /100.  Very Walkable
Transit score
88 /100.  Excellent Transit
Bike score
67 /100.  Bikeable
School district
20
Community district
12
Closest police station
1.05 Miles
Closest fire station
0.53 Miles

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

Ownership information for 863 50th Street #M5, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 863 50th Street #M5, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
04/23/2009 $470,000 XX X & X XXXXXXXXXX XXX XXXXX, XXXXXXX XXX XXXXX, XXXXX
04/19/2005 $473,486 XXXXX XXXXX XXX XXXXX, XXXXXXX XXX XXXXX, XXXXX X XXX XXXXXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/17/2013 - R
02/26/2013 - D
Satisfaction of Mortgage
(2013040200193001)
XX X X XXXXXXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
06/03/2013 - R
01/04/2013 - D
Mortgage
(2013052200510001)
XX X X XXXXXXXXXX XXX XXXXXXXX XXXXX XXXX XX
06/22/2009 - R
06/03/2009 - D
Satisfaction of Mortgage
(2009060901428001)
XXXXX XXXXXXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
05/11/2009 - R
04/23/2009 - D
Mortgage
(2009050100989003)
XX X X XXXXXXXXXX XXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
05/11/2009 - R
04/23/2009 - D
Deed
(2009050100989002)
XXXXX XXXXXXX XX X X XXXXXXXXXX XXX
05/11/2009 - R
04/08/2009 - D
Power of Attorney
(2009050100989001)
XXXXX XXXXX XXXXX XXXXXXX
05/11/2005 - R
04/19/2005 - D
Mortgage
(2005042100913003)
XXXXX XXXXXXX XXXXXXXXX XXXXXXX XXXXXXX XXXX
05/11/2005 - R
04/19/2005 - D
Deed, Other
(2005042100913002)
XXX XXXXXXXXXXX XXX XXXXX XXXXX
05/11/2005 - R
04/19/2005 - D
Power of Attorney
(2005042100913001)
XXXXX XXXXXXX XXXXXX XXXX XXXXXXX XXXXXXXXXXX
05/11/2005 - R
04/18/2005 - D
Partial Release of Mortgage
(2005042100913004)
XXX XXXXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXX XXXX XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 863 50th Street #M5, 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
$12,976
Municipal exemptions
Recent tax assessments
Market value
$294,688
Assessed value
$132,609

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 $292,209 $131,494 $108,459 10.848% $11,766 $11,766 +5.59%
2024/25 $279,200 $125,640 $103,536 10.762% $11,143 $11,143 +6.39%
2023/24 $246,475 $110,914 $98,875 10.592% $10,473 $10,473 +2.27%
2022/23 $216,512 $97,430 $96,194 10.646% $10,241 $10,241 +23.94%
2021/22 $170,730 $76,828 $76,828 10.755% $8,263 $8,263 -5.50%
2020/21 $237,502 $106,876 $81,766 10.694% $10,400 $8,744 +35.34%
2019/20 $227,420 $102,339 $61,315 10.537% $9,474 $6,461 +41.64%
2018/19 $216,677 $97,505 $43,384 10.514% $8,714 $4,561 +54.74%
2017/18 $208,909 $94,009 $28,037 10.514% $8,066 $2,948 +86.42%
2016/17 $190,067 $85,530 $14,954 10.574% $7,613 $1,581 +1.97%

Permit information for 863 50th Street #M5, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
New Utrecht Ave & 45th St at NW Corner
Station lines
D
Distance (miles)
0.4

Access the detailed traffic volume map for 863 50th Street #M5, Brooklyn, NY 11220 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 863 50th Street #M5, Brooklyn, NY 11220?

The development at 863 50th Street #M5, Brooklyn, NY 11220 was built in 2004.

What is the market value of 863 50th Street #M5, Brooklyn, NY 11220?

The current market value of 863 50th Street #M5, Brooklyn, NY 11220 is $294,688.

What is the total square footage of 863 50th Street #M5, Brooklyn, NY 11220?

863 50th Street #M5, Brooklyn, NY 11220 has a total of 1,018 square feet.

What is the price per square foot for this property?

$461 per square foot is the price for 863 50th Street #M5, Brooklyn, NY 11220.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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