New York City  »  11234  »  Avenue I  »  5024 Avenue I

5024 Avenue I, Brooklyn, NY 11234 - Property report

Also known as: 1246-1256 E 51st St

Property image for 5024 Avenue I, Brooklyn, NY 11234
static Mapbox map

Property type

One Story - Permanent Living Quarter (A2)

Year built

1945

Lot sq. ft.

2,300

Sale price

$190,000

General information

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Address
Primary address
5024 Avenue I
Alternate address(es)
1246-1256 E 51st St
ZIP code
11234
Neighborhood
Flatlands
Borough
Brooklyn
Block & lot
07776-0047

Owner

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Building
Property type
One Story - Permanent Living Quarter (A2)
Building sq. ft.
2,189
Building dimensions
23 ft x 52 ft
Buildings on lot
1
Stories
1
Year built
1945
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Basement Garage
Sales
Sale date
04/24/2026
Sale price
$190,000
Tax
Tax year
2026-2027
Property tax
$8,437
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Avenue I (wide)
East 51 Street (narrow)
Distance to wide street
Lot dimensions
23 ft x 100 ft
Lot sq. ft.
2,300

Area overview

Walk score
85 /100.  Very Walkable
Transit score
80 /100.  Excellent Transit
Bike score
63 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.76 Miles
Closest fire station
0.90 Miles

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

Ownership information for 5024 Avenue I, Brooklyn, NY

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

Sales history for 5024 Avenue I, Brooklyn, NY 11234

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/01/2026 - R
06/11/2026 - D
Satisfaction of Mortgage
(2026061100374001)
XXXXXXXX XXXXXXX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
07/01/2026 - R
06/11/2026 - D
Satisfaction of Mortgage
(2026061100363001)
XXXXXXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
05/15/2026 - R
04/24/2026 - D
Mortgage
(2026051200384005)
XXX XXXXXX XXXXXXXXX XXX XXXX XXXXXXX XXX
05/15/2026 - R
04/24/2026 - D
Deed
(2026051200384003)
XXXXXX XX XXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXXX XXX
05/15/2026 - R
04/24/2026 - D
Deed
(2026051200384002)
XXXXXX XX XXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXXX XXX
05/15/2026 - R
04/24/2026 - D
Deed
(2026051200384001)
XXXXXX XX XXXXXXX XXXXXXXX XXX XXXXXX XXXXXXXXX XXX
05/15/2026 - R
03/24/2026 - D
Mortgage
(2026051200384004)
XXX XXXXXX XXXXXXXXX XXX XXXX XXXXXXX XXX
03/08/2017 - R
02/13/2017 - D
Assignment, Mortgage
(2017030800437001)
XXX XXXX XX XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
08/15/2016 - R
08/01/2016 - D
Assignment, Mortgage
(2016081000738001)
XXXXXXXXX XXXXXXX XXXXXXXXXXX XXX XXXXXXX XXXX XXX
12/04/2013 - R
08/28/2013 - D
Assignment, Mortgage
(2013120201323001)
XXXXXXXXX XXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5024 Avenue I, 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
$8,437
Municipal exemptions
Recent tax assessments
Market value
$855,000
Assessed value
$51,300

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 $906,000 $54,360 $41,145 19.843% $8,164 $8,164 +4.72%
2024/25 $764,000 $45,840 $38,816 20.085% $7,796 $7,796 +3.48%
2023/24 $782,000 $46,920 $37,512 20.085% $7,534 $7,534 +4.70%
2022/23 $857,000 $51,420 $35,432 20.309% $7,196 $7,196 +1.74%
2021/22 $682,000 $40,920 $35,432 19.963% $7,073 $7,073 -1.98%
2020/21 $624,000 $37,440 $34,288 21.045% $7,216 $7,216 +5.39%
2019/20 $690,000 $41,400 $32,347 21.167% $6,847 $6,847 +4.70%
2018/19 $521,000 $31,260 $31,260 20.919% $6,539 $6,539 +8.64%
2017/18 $552,000 $33,120 $29,527 20.385% $6,019 $6,019 +1.97%
2016/17 $506,000 $30,360 $29,527 19.991% $5,903 $5,903 +5.65%

Permit information for 5024 Avenue I, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Flatlands residential market stats

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

Median sale price

$455,000

-34.5% Y-o-Y

Median price/sq. ft.

$478

-11% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
4

Subway & traffic

Closest station
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
1.069

Access the detailed traffic volume map for 5024 Avenue I, Brooklyn, NY 11234 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. 251 Paerdegat 3 Yes Public PK, K-5 306 0.18
P.S. 251 Paerdegat 3 Yes Public PK, K-5 306 0.18
P.S. 326 NR No Public PK, K-2 149 0.14
P.S. 326 NR No Public PK, K-2 149 0.14
Christian Heritage Academy NR No Private PK, K-12 269 0.48
Christian Heritage Academy NR No Private PK, K-12 269 0.48
P.S. 109 4 No Public PK, K-8 520 0.50
P.S. 109 4 No Public PK, K-8 520 0.50
Great Oaks Elementary School NR No Private K-8 116 0.51
P.S. 203 Floyd Bennett 7 No Public PK, K-5 501 0.58
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 78 Roy H Mann 6 Yes Public 6-8 542 0.99
Christian Heritage Academy NR No Private PK, K-12 269 0.48
P.S. 109 4 No Public PK, K-8 520 0.50
Great Oaks Elementary School NR No Private K-8 116 0.51
Brooklyn Kids Preparatory School NR No Private K-7 40 0.59
The Bible Speaks Academy NR No Private 3-9 5 0.69
Mary Queen of Heaven Catholic Academy NR No Private PK-8 180 0.73
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Christian Heritage Academy NR No Private PK, K-12 269 0.48
Victory Collegiate High School 2 No Public 9-12 264 0.52
Brooklyn Bridge Academy 4 No Public 9-12 116 0.52
Brooklyn Community High School for Excellence and Equity 3 No Public 9-12 181 0.52
Academy for Conservation and the Environment 4 No Public 9-12 383 0.52
Brooklyn Theatre Arts High School 4 No Public 9-12 216 0.52
Scholar Skills Christian Academy NR No Private 3-11 23 0.80
Mesivta Tiferes Yisroel NR No Private PK, K-12 0 0.90
New Vistas Academy NR No Private K-12 66 0.93
New Vistas Academy NR No Private 1-12 0 0.96

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

Frequently asked questions

What is the year built for 5024 Avenue I, Brooklyn, NY 11234?

The development at 5024 Avenue I, Brooklyn, NY 11234 was built in 1945.

What is the total square footage of 5024 Avenue I, Brooklyn, NY 11234?

5024 Avenue I, Brooklyn, NY 11234 has a total of 2,189 square feet.

When was 5024 Avenue I, Brooklyn, NY 11234 last sold and what was the sale price?

5024 Avenue I, Brooklyn, NY 11234 was last sold on 04/24/2026 for $190,000.

What is the assessed value of 5024 Avenue I, Brooklyn, NY 11234?

5024 Avenue I, Brooklyn, NY 11234 is currently assessed at $51,300.

What are the property taxes for 5024 Avenue I, Brooklyn, NY 11234?

The property taxes for 5024 Avenue I, Brooklyn, NY 11234 total $8,436.

How many residential units does this building have?

This building has 1 residential unit(s).

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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