New York City  »  11218  »  E 5th St  »  505 E 5th St

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

Also known as: 505 E 5th St

Property image for 505 East 5th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Primarily One Family with One Store or Office (S1)

Year built

1925

Lot sq. ft.

2,400

Sale price

$1,607,000

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
505 East 5th Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05374-0084

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
2,230
Building dimensions
17 ft x 30 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
08/02/2019
Sale price
$1,607,000
Tax
Tax year
2026-2027
Property tax
$7,209
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
24 ft x 100 ft
Lot sq. ft.
2,400

Area overview

Walk score
84 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.67 Miles
Closest fire station
0.41 Miles

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Ownership information for 505 East 5th Street, Brooklyn, NY

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

Sales history for 505 East 5th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
08/02/2019 $1,607,000 XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXX XXXXXXXXX, XXXX X XXX XXXXXXXXX, XXXXX X
04/11/2013 $710,000 XXXXXXXXX, XXXX X XXX XXXXXXXXX, XXXXX X XXXXX XXXXX XX XXX
12/07/2011 $315,000 XXXXX XXXXX XX XXX XXX XXXXXX 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
08/30/2019 - R
08/21/2019 - D
Satisfaction of Mortgage
(2019083000411001)
XXXXXXXX XXXXX X XXXX XXXXXXXX XXXXXX XXX
08/23/2019 - R
08/19/2019 - D
Satisfaction of Mortgage
(2019082000947001)
XXXXXXXXX XXXX X XX XXXX X X
08/08/2019 - R
08/02/2019 - D
Mortgage
(2019080701040004)
XXXXXXX XXXXXX XXXX
08/08/2019 - R
08/02/2019 - D
Deed
(2019080701040003)
XXXXXXXXX XXXX X XXXXXXX XXXXXX
02/02/2015 - R
01/19/2015 - D
Mortgage
(2015012700363001)
XXXXXXXXX XXXX X XX XXXX X X
04/29/2013 - R
04/11/2013 - D
Mortgage
(2013041600859002)
XXXXXXXXX XXXX X XXXX
04/29/2013 - R
04/11/2013 - D
Deed
(2013041600859001)
XXXXX XXXXX XX XXX XXXXXXXXX XXXX X
01/13/2012 - R
12/22/2011 - D
Satisfaction of Mortgage
(2011122300837001)
XXXXXXXX XXXX XXXX XXXXXXXX XXXXX XXXX X X
01/31/2012 - R
12/07/2011 - D
Deed
(2012012300064001)
XXX XXXXXX XXX XXXXX XXXXX XX XXX
12/19/2011 - R
11/22/2011 - D
Deed
(2011120500420001)
XXXXXXXX XXXX XXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 505 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
$7,209
Municipal exemptions
Recent tax assessments
Market value
$2,171,000
Assessed value
$130,260

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 $1,773,000 $106,380 $35,044 19.843% $6,954 $6,954 +4.72%
2024/25 $1,727,000 $103,620 $33,060 20.085% $6,640 $6,640 +6.00%
2023/24 $1,526,000 $91,560 $31,190 20.085% $6,265 $6,265 +0.00%
2022/23 $1,198,000 $71,880 $30,845 20.309% $6,264 $6,264 +3.65%
2021/22 $1,027,000 $61,620 $30,276 19.963% $6,044 $6,044 -1.66%
2020/21 $1,109,000 $66,540 $29,203 21.045% $6,146 $6,146 +5.39%
2019/20 $964,000 $57,840 $27,550 21.167% $5,832 $5,832 +7.25%
2018/19 $803,000 $48,180 $25,992 20.919% $5,437 $5,437 +3.77%
2017/18 $749,000 $44,940 $25,704 20.385% $5,240 $5,240 +3.89%
2016/17 $624,000 $37,440 $25,230 19.991% $5,044 $5,044 +5.99%

Permit information for 505 East 5th Street, 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
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)
0.289

Access the detailed traffic volume map for 505 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

Frequently asked questions

What is the year built for 505 East 5th Street, Brooklyn, NY 11218?

The development at 505 East 5th Street, Brooklyn, NY 11218 was built in 1925.

What is the market value of 505 East 5th Street, Brooklyn, NY 11218?

The current market value of 505 East 5th Street, Brooklyn, NY 11218 is $2,171,000.

What is the total square footage of 505 East 5th Street, Brooklyn, NY 11218?

505 East 5th Street, Brooklyn, NY 11218 has a total of 2,230 square feet.

What is the price per square foot for this property?

$720 per square foot is the price for 505 East 5th Street, Brooklyn, NY 11218.

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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