New York City  »  11218  »  E 5th St  »  556 E 5th St

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

Also known as: 556 E 5th St

Property image for 556 East 5th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Converted from One Family (B3)

Year built

1925

Lot sq. ft.

2,250

Sale price

$720,000

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
556 East 5th Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05373-0041

Owner

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Building
Property type
Two Family Converted from One Family (B3)
Building sq. ft.
2,174
Building dimensions
18 ft x 42 ft
Buildings on lot
1
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Composition
Basement
4
Sales
Sale date
08/01/2008
Sale price
$720,000
Tax
Tax year
2026-2027
Property tax
$7,431
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Lot
Frontage(s)
East 5 Street (narrow)
Nearest wide street
Cortelyou Road
Distance to wide street
Lot dimensions
22.5 ft x 100 ft
Lot sq. ft.
2,250

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
0.57 Miles
Closest fire station
0.43 Miles

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Ownership

Ownership information for 556 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 556 East 5th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
08/01/2008 $720,000 XXXXXX, XXXXXXX XXX XXXXXX, XXXXX X XXXXXX, XXXXXXX XXX XXXXXX, XXXXXX
06/30/2003 $350,000 XXXXXX, XXXXXXX XXX XXXXXX, XXXXXX XXXXXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/04/2020 - R
07/21/2020 - D		 Assignment, Mortgage
(2020072800097001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXXXXXX XXXX
08/04/2020 - R
07/21/2020 - D		 Satisfaction of Mortgage
(2020072400060001)		 XXXXX XXXXXX X XXXXXXX XXXX
06/17/2009 - R
05/22/2009 - D		 Agreement
(2009060500299002)		 XXXXXX XXXXX X XXXX
06/17/2009 - R
05/22/2009 - D		 Mortgage
(2009060500299001)		 XXXXXX XXXXX X XXXX
08/27/2008 - R
08/14/2008 - D		 Satisfaction of Mortgage
(2008081800425001)		 XXXXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/14/2008 - R
08/08/2008 - D		 Satisfaction of Mortgage
(2008080800600001)		 XXXXXX XXXXX XXXXX XXXXXXXX XXXX
08/21/2008 - R
08/01/2008 - D		 Mortgage
(2008081401321002)		 XXXXXX XXXXX X XXXX
08/21/2008 - R
08/01/2008 - D		 Deed
(2008081401321001)		 XXXXXX XXXXXXX XXXXXX XXXXXXX
11/04/2004 - R
10/13/2004 - D		 Satisfaction of Mortgage
(2004101500323001)		 XXXXXX XXXXXXX XXXXX XXXXXXXX XXXX
09/02/2004 - R
08/16/2004 - D		 Satisfaction of Mortgage
(2004081700427001)		 XXXXXX XXXXXXX XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 556 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
$7,431
Municipal exemptions
Recent tax assessments
Market value
$2,252,000
Assessed value
$135,120

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 $1,713,000 $102,780 $35,504 19.843% $7,327 $7,045 +4.72%
2024/25 $1,614,000 $96,840 $33,496 20.085% $6,997 $6,728 +0.18%
2023/24 $1,610,000 $96,600 $33,436 20.085% $6,997 $6,716 +4.61%
2022/23 $1,318,000 $79,080 $31,610 20.309% $6,716 $6,420 +8.04%
2021/22 $1,113,000 $66,780 $29,767 19.963% $6,230 $5,942 -3.83%
2020/21 $1,090,000 $65,400 $29,360 21.045% $6,476 $6,179 +5.65%
2019/20 $1,090,000 $65,400 $27,630 21.167% $6,145 $5,848 +1.41%
2018/19 $1,111,000 $66,660 $27,570 20.919% $6,073 $5,767 +8.45%
2017/18 $704,000 $42,240 $26,088 20.385% $5,618 $5,318 +8.78%
2016/17 $717,000 $43,020 $24,456 19.991% $5,199 $4,889 +3.91%
Permits

Permit information for 556 East 5th Street, Brooklyn, NY

No recently recorded permits for this property.

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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)
0.209
View subway map

Access the detailed traffic volume map for 556 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 0.16
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.16
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Yeshiva Torah Vodaath NR No Private K-8 0 0.28
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.29
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.29
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.19
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Yeshiva Torah Vodaath NR No Private K-8 0 0.28
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.29
Bonim Lamokom NR No Private 35 0.30
Yeshiva Derech Chaim NR No Private 0 0.30
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 0.24
Torah Vodaath High School NR No Private 9-12 0 0.28
Bonim Lamokom NR No Private 35 0.30
Yeshiva Derech Chaim NR No Private 0 0.30
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.30

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

Neighbors for 556 East 5th Street, Brooklyn, NY

553 E 4th St, Brooklyn 552 E 5th St, Brooklyn 536 E 5th St, Brooklyn 413 Cortelyou Rd, Brooklyn 411 Cortelyou Rd, Brooklyn 554 E 5th St, Brooklyn 544 E 5th St, Brooklyn 566 E 5th St, Brooklyn 545 E 4th St, Brooklyn 546 E 5th St, Brooklyn 530 E 5th St, Brooklyn 528 E 5th St, Brooklyn 558 E 5th St, Brooklyn 540 E 5th St, Brooklyn 526 E 5th St, Brooklyn 562 E 5th St, Brooklyn 401 Cortelyou Rd, Brooklyn 555 E 4th St, Brooklyn 547 E 4th St, Brooklyn 548 E 5th St, Brooklyn

Nearby ZIP codes for 556 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 556 East 5th Street, Brooklyn, NY 11218?

The development at 556 East 5th Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 556 East 5th Street, Brooklyn, NY 11218?

556 East 5th Street, Brooklyn, NY 11218 has a total of 2,174 square feet.

When was 556 East 5th Street, Brooklyn, NY 11218 last sold and what was the sale price?

556 East 5th Street, Brooklyn, NY 11218 was last sold on 08/01/2008 for $720,000.

What is the assessed value of 556 East 5th Street, Brooklyn, NY 11218?

556 East 5th Street, Brooklyn, NY 11218 is currently assessed at $135,120.

What are the property taxes for 556 East 5th Street, Brooklyn, NY 11218?

The property taxes for 556 East 5th Street, Brooklyn, NY 11218 total $7,430.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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