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

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

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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721 East 5th Street, Brooklyn, NY 11218 2
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Address

Primary address 721 East 5th Street
Secondary address 721 Garage E 5th St
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05399-0066

Sales & Tax Overview for 721 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 09/26/2023
Purchase price $1,650,000
Tax class
Estimated property tax $10,332

Lot & Building Information for 721 East 5th Street, Brooklyn

Lot sqft 3,300
Lot dimensions 30 ft x 110 ft
Building class Two Family Frame (B2) i
Building sqft 2,749
Building dimensions 21 ft x 39 ft
Buildings on lot 2
Stories 3
Structure type Conventional
Building material Frame
Exterior wall Combination
Basement type Full
Garage type Detached, frame garage
Year built 1935
Frontage(s) East 5 Street (narrow)
Nearest wide street Ocean Parkway
Distance to wide street
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Zoning & Use for 721 East 5th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.27 Miles
Closest fire station 0.46 Miles

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

Other Property Data for 721 East 5th Street, Brooklyn

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Floor area ratio (FAR) for 721 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 721 East 5th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 721 Garage E 5th St, Brooklyn, NY 11218

About 721 East 5th Street, Brooklyn

What is the year built & the total sq. ft. for 721 East 5th Street, Brooklyn, NY 11218?

721 East 5th Street, Brooklyn, NY 11218 was built in 1935 and has a total of 2,749 square feet.

What is the assessed value of 721 East 5th Street, Brooklyn, NY 11218 and the property tax paid?

Assessed at $87,720, the tax amount paid for 721 East 5th Street, Brooklyn, NY 11218 is $10,332. For the next year, the tax amount for 721 East 5th Street, Brooklyn, NY 11218 is estimated at $10,332.

When was 721 East 5th Street, Brooklyn, NY 11218 last sold and what was the last sale price?

721 East 5th Street, Brooklyn, NY 11218 was last sold in 09/26/2023 for $1,650,000.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 721 East 5th Street, Brooklyn

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Property owner name for 721 East 5th Street, Brooklyn, NY 11218
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Building contacts for 721 East 5th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 721 East 5th Street, Brooklyn

Create a free account to view the complete sales history for 721 East 5th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/26/2023 $1,650,000

Title Documents for 721 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
12/17/2025 - D
12/24/2025 - R
Assignment, Mortgage
(2025122300142001)
09/26/2023 - D
10/23/2023 - R
Mortgage
(2023101800743002)
09/26/2023 - D
10/23/2023 - R
Deed
(2023101800743001)
02/11/2009 - D
02/24/2009 - R
Satisfaction of Mortgage
(2009021101297001)
12/17/2007 - D
12/28/2007 - R
Satisfaction of Mortgage
(2007121701248001)
10/02/2003 - D
11/01/2004 - R
Mortgage
(2003101401530001)
12/26/2002 - R Mortgage
(3500009024850)
12/26/2002 - R Power of Attorney
(3080009027608)
12/26/2002 - R Power of Attorney
(3020009027602)
05/15/2002 - R Satisfaction of Mortgage
(3790008419579)
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R: Recorded date
D: Document date

Property Taxes for 721 East 5th Street, Brooklyn

Access detailed property tax data for 721 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: $10,333
Estimated property tax: $10,332
Tax assessor's market value: $1,462,000
Assessed value: $87,720

Assessment History for 721 East 5th Street, Brooklyn

Here's the assessment & property tax history for 721 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 $1,462,000 $87,720 $52,073 19.843% $10,333 $10,333 +2.27%
2024/25 $1,462,000 $87,720 $50,304 20.085% $10,104 $10,104 +5.41%
2023/24 $1,429,000 $85,740 $47,724 20.085% $9,585 $9,585 +4.55%
2022/23 $1,165,000 $69,900 $45,145 20.309% $9,168 $9,168 +5.84%
2021/22 $1,154,000 $69,240 $43,394 19.963% $8,663 $8,663 -5.14%

Permits for 721 East 5th Street, Brooklyn

The complete history of permits filed for 721 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
10/08/1997 Alteration type 2
         
         
         
         
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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
$538,380
7.7% YoY
Median Price/Sqft
$740
28.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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 & Ditmas Ave at SE Corner
Station lines F
Distance (miles) 0.239
View subway map
Bus Routes
Name 18 Av/Ocean Py
Line B8
Distance (miles) 0.121

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 0.44
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.44
Mevakshai Hashem NR No Private PK-8 572 0.03
Mevakshai Hashem NR No Private PK-8 572 0.03
Mavakshai Hashem NR No Private PK-8 475 0.03

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 0.28
Mevakshai Hashem NR No Private PK-8 572 0.03
Mavakshai Hashem NR No Private PK-8 475 0.03
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.07
Brooklyn Dreams Charter School 6 No Charter K-8 616 0.26

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.07
Yeshiva Nesivas Chaim NR No Private 9-12 0 0.15
Yeshiva Gedolah of Midwood NR No Private 9-12 0 0.17
Ucp Brooklyn Childrens Program NR No Private 108 0.27
Machon Bais Yaakov Hilda Birn High School NR No Private 10-12 57 0.29

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 721 East 5th Street, Brooklyn

Here are the neighbors for 721 East 5th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
719 E 5th St, Brooklyn 3,960 05/14/2019 $1,100,000
687 E 5th St, Brooklyn 2,147 06/06/2024 $1,550,500
572 Ocean Pkwy, Brooklyn 34,000 11/13/1992
703 E 5th St, Brooklyn 3,000 01/29/2018
691 E 5th St, Brooklyn 2,516 10/24/2002
685 E 5th St, Brooklyn 2,101 06/27/2024 $1,800,000
570 Ocean Pkwy, Brooklyn 39,600 06/27/1985
507 Avenue F, Brooklyn 3,282 03/26/2025 $2,325,000
711 E 5th St, Brooklyn 2,152 03/25/2002
681 E 5th St, Brooklyn 2,676 12/03/2021 $1,540,000
723 E 5th St, Brooklyn 21,840 08/23/2016 $5,050,000
699 E 5th St, Brooklyn 1,830 04/21/2023 $940,000
511 Avenue F, Brooklyn 3,164 03/24/1988
695 E 5th St, Brooklyn 2,400 01/03/2001
739 E 5th St, Brooklyn 2,558 05/22/2007 $800,000
743 E 5th St, Brooklyn 2,768 07/03/2023 $1,700,000
725 E 5th St, Brooklyn 3,615 06/01/2023 $2,100,000
733 E 5th St, Brooklyn 2,558 07/23/1991
729 E 5th St, Brooklyn 2,558 04/01/2024 $1,725,000
501 Avenue F, Brooklyn 2,708 12/24/2025
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