New York City  »  11218  »  E 5th St  »  508 E 5th St

508 East 5th Street, Brooklyn, NY 11218 - Property report

Also known as: 508 E 5th St

Property image for 508 East 5th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1925

Lot sq. ft.

3,000

General information

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Address
Primary address
508 East 5th Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05373-0017

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
2,730
Building dimensions
22 ft x 46 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Tax
Tax year
2026-2027
Property tax
$8,220
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 5 Street (narrow)
Nearest wide street
Avenue C
Distance to wide street
Lot dimensions
30 ft x 100 ft
Lot sq. ft.
3,000

Area overview

Walk score
77 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.66 Miles
Closest fire station
0.43 Miles

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

Ownership

Ownership information for 508 East 5th Street, Brooklyn, NY

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

Sales history for 508 East 5th Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/03/2021 - R Initial UCC1
(2021090200828001)		 XXXXXXXX XXXXX XXXX XXXXXXX XXX XXXX
08/10/2004 - R
06/09/2004 - D		 Mortgage
(2004070600578001)		 XXXXXXX XXXXX X XXXXXXXX XXXX
09/15/2003 - R
05/31/2002 - D		 Assignment, Mortgage
(2003031100239001)		 XXXXXXXX XXXXXXX XXX XXXXXXXX XXXX
08/09/1996 - R Assignment, Mortgage
(3440005279544)		 XXXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX XXXXXXXXXXXX
08/08/1996 - R Satisfaction of Mortgage
(3520005286752)		 XXXXX XXXXXXX XXXXX XXXXX XXXXXXXXXXX
04/17/1996 - R Mortgage
(3680005151668)		 XXXX XXXXXX X XXXXXXXXXX XXXXXXXXXXXX
04/17/1996 - R Deed
(3860005151686)		 XXXXX XXXXXXX XXXX XXXXXX X
10/25/1989 - R Assignment, Mortgage
(3800001492480)		 XXXXXXXXX XXXX XXXXXX XXXXXXXX XXXXXXXX XXXX
09/07/1989 - R Satisfaction of Mortgage
(3880001481988)		 XXXXX XXXXXXX XXXXX XXXX XX XXXXXXXX
09/07/1989 - R Mortgage
(3470001481847)		 XXXXX XXXXXXX XXXXXXXXX XXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 508 East 5th Street, 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
$8,220
Municipal exemptions
Recent tax assessments
Market value
$2,468,000
Assessed value
$148,080

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 $1,877,000 $112,620 $41,396 19.843% $8,496 $8,214 +4.66%
2024/25 $1,792,000 $107,520 $39,075 20.085% $8,117 $7,848 +1.08%
2023/24 $1,943,000 $116,580 $38,656 20.085% $8,045 $7,764 +5.20%
2022/23 $1,603,000 $96,180 $36,341 20.309% $7,677 $7,380 +7.95%
2021/22 $1,242,000 $74,520 $34,246 19.963% $7,124 $6,837 -5.20%
2020/21 $1,308,000 $78,480 $34,270 21.045% $7,509 $7,212 +5.56%
2019/20 $1,232,000 $73,920 $32,279 21.167% $7,129 $6,832 +2.32%
2018/19 $1,062,000 $63,720 $31,920 20.919% $6,983 $6,677 +9.07%
2017/18 $890,000 $53,400 $30,031 20.385% $6,421 $6,122 +8.64%
2016/17 $827,000 $49,620 $28,188 19.991% $5,945 $5,635 +2.36%
Permits

Permit information for 508 East 5th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/01/2025 Alteration
07/31/2025 Alteration
05/06/2011 Alteration type 2
07/26/2004 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.261
View subway map

Access the detailed traffic volume map for 508 East 5th Street, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.11
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.11
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.30
P.S. 889 4 No Public PK, K-5 386 0.38
P.S. 889 4 No Public PK, K-5 386 0.38
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.24
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.30
Yeshiva Torah Vodaath NR No Private K-8 0 0.31
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.33
Middle 890 7 No Public 6-8 301 0.38
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.27
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.30
Torah Vodaath High School NR No Private 9-12 0 0.31
Yeshiva Derech Chaim NR No Private 0 0.33

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 508 East 5th Street, Brooklyn, NY

510 E 5th St, Brooklyn 514 E 5th St, Brooklyn 524 E 5th St, Brooklyn 522 E 5th St, Brooklyn 518 E 5th St, Brooklyn 528 E 5th St, Brooklyn 418 Avenue C, Brooklyn 412 Avenue C, Brooklyn 404 Avenue C, Brooklyn 526 E 5th St, Brooklyn 506 E 5th St, Brooklyn 504 E 5th St, Brooklyn 408 Avenue C, Brooklyn 485 E 3rd St, Brooklyn 516 E 5th St, Brooklyn 520 E 5th St, Brooklyn 422 Avenue C, Brooklyn 414 Avenue C, Brooklyn 512 E 5th St, Brooklyn 502 E 5th St, Brooklyn

Nearby ZIP codes for 508 East 5th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 508 East 5th Street, Brooklyn, NY 11218?

The development at 508 East 5th Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 508 East 5th Street, Brooklyn, NY 11218?

508 East 5th Street, Brooklyn, NY 11218 has a total of 2,730 square feet.

What is the assessed value of 508 East 5th Street, Brooklyn, NY 11218?

508 East 5th Street, Brooklyn, NY 11218 is currently assessed at $148,080.

What are the property taxes for 508 East 5th Street, Brooklyn, NY 11218?

The property taxes for 508 East 5th Street, Brooklyn, NY 11218 total $8,219.

How many residential units does this building have?

This building has 2 residential unit(s).

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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