New York City  »  11220  »  8th Ave  »  5501 8th Ave

5501 8th Avenue, Brooklyn, NY 11220 - Property report

Also known as: 802-806 55th St

Property image for 5501 8th Avenue, Brooklyn, NY 11220
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Property type

Predominant Retail with Other Uses (K4)

Year built

1920

Lot sq. ft.

1,600

Sale price

$200,000

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
5501 8th Avenue
Alternate address(es)
802-806 55th St
ZIP code
11220
Neighborhood
Sunset Park
Borough
Brooklyn
Block & lot
05679-0010

Owner

Find out who owns 5501 8th Avenue, Brooklyn, NY 11220. Uncover corporate and individual owners with a free account.

Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
3,834
Building dimensions
20 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1920
Last altered
2016
Building material
Sales
Sale date
02/27/2003
Sale price
$200,000
Tax
Tax year
2026-2027
Property tax
$87,127
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20.17 ft x 80 ft
Lot sq. ft.
1,600

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
64 /100.  Bikeable
School district
20
Community district
12
Closest police station
0.81 Miles
Closest fire station
0.44 Miles

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

Ownership

Ownership information for 5501 8th Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for 5501 8th Avenue, Brooklyn, NY 11220

Sale date Sale price Buyer name Seller name
02/27/2003 $200,000 XX, XXXXXX XXXXX XXXXX XXX XX, XXXX XXX XX, XXX XXX XXX XX, XXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/15/2013 - R
07/11/2013 - D		 Deed
(2013072700142001)		 XX XXXXXX XXXXX XXXXX XXXX XX XXXXX XXX
11/19/2010 - R
06/17/2010 - D		 Satisfaction of Mortgage
(2010100300035001)		 XXX XXXXXXXX
10/17/2008 - R UCC3 Amendment
(2008100801176001)		 XX XXXXXX XXXXX XXXXX XXXXXX XXXX
03/18/2008 - R
03/11/2008 - D		 UCC3 Continuation
(2008031101160001)		 XX XXXXXX XXXXX XXXXX XXXXX XXXXXXX XXXX
09/08/2003 - R Initial UCC1
(2003061200236001)		 XX XXXXXX XXXXX XXXXX XXXXX XXXXXXX XXXX
08/27/2003 - R
06/05/2003 - D		 Assignment of Leases and Rents
(2003061801714003)		 XXXXX XXXXXXX XXXX XX XXXXXX XXXXX XXXXX
08/27/2003 - R
06/05/2003 - D		 Mortgage
(2003061801714002)		 XX XXXXXX XXXXX XXXXX XXXXX XXXXXXX XXXX
08/27/2003 - R
05/27/2003 - D		 Power of Attorney
(2003061801714001)		 XX XXXX XXX XX XXX XXX
04/02/2003 - R
02/27/2003 - D		 Deed, Other
(2003030701752001)		 XX XXX XXX XX XXXXXX XXXXX XXXXX
06/19/1987 - R Deed
(3780001275178)		 XX XXX XXX XX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5501 8th Avenue, 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
$87,127
Municipal exemptions
Recent tax assessments
Market value
$2,000,000
Assessed value
$900,000

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 $1,998,000 $899,100 $730,620 10.848% $79,258 $79,258 +4.31%
2024/25 $1,738,000 $782,100 $706,050 10.762% $75,985 $75,985 +2.13%
2023/24 $1,766,000 $794,700 $702,450 10.592% $74,404 $74,404 +9.22%
2022/23 $1,422,000 $639,900 $639,900 10.646% $68,124 $68,124 +17.89%
2021/22 $1,194,000 $537,300 $537,300 10.755% $57,787 $57,787 -4.53%
2020/21 $1,725,000 $776,250 $566,010 10.694% $60,529 $60,529 +33.52%
2019/20 $1,698,000 $764,100 $430,216 10.537% $45,332 $45,332 +45.24%
2018/19 $1,336,000 $601,200 $296,858 10.514% $31,212 $31,212 +51.40%
2017/18 $719,000 $323,550 $196,080 10.514% $20,616 $20,616 +103.02%
2016/17 $706,000 $317,700 $96,032 10.574% $10,154 $10,154 +27.86%
Permits

Permit information for 5501 8th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
12/18/2018 Alteration type 3
12/18/2018 Alteration type 3
10/26/2011 Alteration type 1
07/20/2011 Alteration type 1
11/12/2010 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
04/01/2011 C-construction
01/01/2009 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 62nd St at NW Corner
Station lines
N
Distance (miles)
0.331
View subway map

Access the detailed traffic volume map for 5501 8th Avenue, Brooklyn, NY 11220 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

Neighbors for 5501 8th Avenue, Brooklyn, NY

816 55th St, Brooklyn 822 55th St, Brooklyn 1415 55th St, Brooklyn 824 55th St, Brooklyn 1427 55th St, Brooklyn 5507 8th Ave, Brooklyn 812 55th St, Brooklyn 834 55th St, Brooklyn 5511 8th Ave, Brooklyn 828 55th St, Brooklyn 1421 55th St, Brooklyn 1423 55th St, Brooklyn 5505 8th Ave, Brooklyn 810 55th St, Brooklyn 818 55th St, Brooklyn 826 55th St, Brooklyn 830 55th St, Brooklyn 5503 8th Ave, Brooklyn 1418 54th St, Brooklyn 1429 55th St, Brooklyn

Nearby ZIP codes for 5501 8th Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10271, New York City, NY 10280, New York City, NY 11201, New York City, NY 11204, New York City, NY 11209, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11223, 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 5501 8th Avenue, Brooklyn, NY 11220?

The development at 5501 8th Avenue, Brooklyn, NY 11220 was built in 1920.

What is the market value of 5501 8th Avenue, Brooklyn, NY 11220?

The current market value of 5501 8th Avenue, Brooklyn, NY 11220 is $2,000,000.

What is the total square footage of 5501 8th Avenue, Brooklyn, NY 11220?

5501 8th Avenue, Brooklyn, NY 11220 has a total of 3,834 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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