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518 East 5th Street, Brooklyn, NY 11218 Property Information

518 East 5th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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518 East 5th Street, Brooklyn, NY 11218 1
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Address

Primary address 518 East 5th Street
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05373-0022

Sales & Tax Overview for 518 East 5th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 07/24/2003
Purchase price $375,000
Tax class
Estimated property tax $6,500

Lot & Building Information for 518 East 5th Street, Brooklyn

Lot sqft 1,975
Lot dimensions 19.75 ft x 100 ft
Building class Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sqft 1,118
Building dimensions 17 ft x 40 ft
Buildings on lot 1
Stories 2
Structure type Old style
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1925
Frontage(s) East 5 Street (narrow)
Nearest wide street Avenue C
Distance to wide street
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Zoning & Use for 518 East 5th Street, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
77 /100. Very Walkable
Transit Score
98 /100. Rider's Paradise
Bike Score
87 /100. Very Bikeable

School district 20
Community district 12
Closest police station 0.64 Miles
Closest fire station 0.43 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 518 East 5th Street, Brooklyn

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Floor area ratio (FAR) for 518 East 5th Street, Brooklyn, NY 11218, 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 518 East 5th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 518 East 5th Street, Brooklyn

What is the year built & the total sq. ft. for 518 East 5th Street, Brooklyn, NY 11218?

518 East 5th Street, Brooklyn, NY 11218 was built in 1925 and has a total of 1,118 square feet.

What is the assessed value of 518 East 5th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $67,380, the tax amount paid for 518 East 5th Street, Brooklyn, NY 11218 is $6,500. For the next year, the tax amount for 518 East 5th Street, Brooklyn, NY 11218 is estimated at $6,500.

When was 518 East 5th Street, Brooklyn, NY 11218 last sold and what was the last sale price?

518 East 5th Street, Brooklyn, NY 11218 was last sold in 07/24/2003 for $375,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 518 East 5th Street, Brooklyn

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Property owner name for 518 East 5th Street, Brooklyn, NY 11218
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Building contacts for 518 East 5th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 518 East 5th Street, Brooklyn

Create a free account to view the complete sales history for 518 East 5th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
07/24/2003 $375,000

Title Documents for 518 East 5th Street, 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
01/13/2021 - D
03/04/2021 - R		 Agreement
(2021022600994003)
01/13/2021 - D
03/04/2021 - R		 Mortgage
(2021022600994002)
01/06/2021 - D
03/04/2021 - R		 Assignment, Mortgage
(2021022600994001)
03/27/2017 - D
04/04/2017 - R		 Satisfaction of Mortgage
(2017032800364001)
03/22/2017 - D
03/30/2017 - R		 Satisfaction of Mortgage
(2017032201141001)
03/04/2017 - D
03/10/2017 - R		 Mortgage
(2017031000315001)
06/27/2012 - D
07/23/2012 - R		 Agreement
(2012071601050003)
06/27/2012 - D
07/23/2012 - R		 Mortgage
(2012071601050002)
06/14/2012 - D
07/23/2012 - R		 Agreement
(2012071601050004)
05/04/2012 - D
07/23/2012 - R		 Assignment, Mortgage
(2012071601050001)
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R: Recorded date
D: Document date

Property Taxes for 518 East 5th Street, Brooklyn

Access detailed property tax data for 518 East 5th Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,501
Estimated property tax: $6,500
Tax assessor's market value: $1,123,000
Assessed value: $67,380
Exemptions granted by city:

More about New York City Property Taxes

Assessment History for 518 East 5th Street, Brooklyn

Here's the assessment & property tax history for 518 East 5th Street, 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 $1,123,000 $67,380 $32,760 19.843% $6,782 $6,501 +4.72%
2024/25 $997,000 $59,820 $30,906 20.085% $6,477 $6,207 +6.12%
2023/24 $1,223,000 $73,380 $29,124 20.085% $6,131 $5,850 +5.33%
2022/23 $1,085,000 $65,100 $27,345 20.309% $5,850 $5,553 +2.86%
2021/22 $948,000 $56,880 $27,043 19.963% $5,686 $5,399 -5.24%
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Permits for 518 East 5th Street, Brooklyn

The complete history of permits filed for 518 East 5th Street, 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
06/11/2018 Alteration type 2
07/26/2004 Alteration type 3
         
         
         
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More about New York City Property Records

Kensington Residential Market Stats

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

Median Sale Price
$550,000
10.9% YoY
Median Price/Sqft
$742
6.5% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.248
View subway map
Bus Routes
Name MC Donald Av/Av C
Line B67
Distance (miles) 0.209

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.12
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.12
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Yeshiva Torah Vodaath NR No Private K-8 0 0.30
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.22
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Yeshiva Torah Vodaath NR No Private K-8 0 0.30
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.31
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.32
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.22
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.29
Torah Vodaath High School NR No Private 9-12 0 0.30
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.32
Bonim Lamokom NR No Private 35 0.33
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 518 East 5th Street, Brooklyn

Here are the neighbors for 518 East 5th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
536 E 5th St, Brooklyn 1,584 04/03/2023 $1,300,000
514 E 5th St, Brooklyn 1,118 06/21/1978
510 E 5th St, Brooklyn 1,511 08/01/2002
524 E 5th St, Brooklyn 1,584 01/09/2024
544 E 5th St, Brooklyn 2,768 11/01/1985
522 E 5th St, Brooklyn 1,584 11/25/2025 $1,375,000
546 E 5th St, Brooklyn 2,548 09/07/1979
528 E 5th St, Brooklyn 1,584 09/20/1973
530 E 5th St, Brooklyn 1,860 09/17/2020 $1,675,000
418 Avenue C, Brooklyn 3,423 03/19/2024 $2,200,000
526 E 5th St, Brooklyn 1,584 12/21/2023
540 E 5th St, Brooklyn 2,548 04/24/2025 $1,854,000
506 E 5th St, Brooklyn 2,730 11/10/2025 $10
504 E 5th St, Brooklyn 2,725 04/15/2021
520 E 5th St, Brooklyn 2,526 04/21/2021 $1,750,000
516 E 5th St, Brooklyn 1,230 05/23/1990
508 E 5th St, Brooklyn 2,730 04/17/1996
422 Avenue C, Brooklyn 3,690 06/29/1989
512 E 5th St, Brooklyn 1,230 12/31/2024 $490,000
502 E 5th St, Brooklyn 2,825 08/27/2014
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