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5427 Flatlands Avenue, Brooklyn, NY 11234 Property Information

5427 Flatlands Avenue, Brooklyn, NY 11234 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5427 Flatlands Avenue, Brooklyn, NY 11234 1
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Address

Primary address 5427 Flatlands Avenue
Secondary address 5421-5429 Flatlands Ave
Neighborhood Flatlands
Zip code 11234
Borough Brooklyn
Block & lot 07780-0012

Sales & Tax Overview for 5427 Flatlands Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/17/2017
Purchase price $1,615,000
Tax class
Estimated property tax $35,118

Lot & Building Information for 5427 Flatlands Avenue, Brooklyn

Lot sq. ft. 3,669
Lot dimensions 102.48 ft x 78.05 ft
Property type One Story Retail Building (K1)
Building sqft 3,650
Building dimensions 102.48 ft x 96.28 ft
Buildings on lot 1
Stories 1
Year built 1995
Construction type
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Zoning & Use for 5427 Flatlands Avenue, Brooklyn

Zoning
Commercial units 3
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 22
Community district 18
Closest police station 0.94 Miles
Closest fire station 0.73 Miles

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

Other Property Data for 5427 Flatlands Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 5427 Flatlands Avenue, Brooklyn, NY 11234, 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 5427 Flatlands Avenue, Brooklyn, NY 11234, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 5421-5429 Flatlands Ave, Brooklyn, NY 11234

About 5427 Flatlands Avenue, Brooklyn

How many sq. ft. does 5427 Flatlands Avenue, Brooklyn, NY 11234 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 5427 Flatlands Avenue, Brooklyn, NY 11234 has a total of 3,650 square feet and a current price per square foot of $442.

What is the year built & the current market value of 5427 Flatlands Avenue, Brooklyn, NY 11234?

5427 Flatlands Avenue, Brooklyn, NY 11234 was built in 1995 and has a current tax assessor's market value of $757,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 5427 Flatlands Avenue, Brooklyn

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Property owner name for 5427 Flatlands Avenue, Brooklyn, NY 11234
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Building contacts for 5427 Flatlands Avenue, Brooklyn, NY 11234
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 5427 Flatlands Avenue, Brooklyn

Create a free account to view the complete sales history for 5427 Flatlands Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/17/2017 $1,615,000
10/20/2010 $450,000
02/07/2005 $743,500
       
       
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*Here are the three most recent sales for this property.

Title Documents for 5427 Flatlands Avenue, 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
05/06/2024 - R UCC3 Assignment
(2024050600334006)
05/06/2024 - R UCC3 Assignment
(2024050600334003)
12/14/2023 - D
05/06/2024 - R
Asgn of Asgn of L&R
(2024050600334005)
12/14/2023 - D
05/06/2024 - R
Assignment, Mortgage
(2024050600334004)
03/12/2023 - D
05/06/2024 - R
Asgn of Asgn of L&R
(2024050600334002)
03/12/2023 - D
05/06/2024 - R
Assignment, Mortgage
(2024050600334001)
02/10/2022 - D
04/14/2022 - R
Agreement
(2022040701385001)
11/17/2021 - R UCC3 Continuation
(2021111500820001)
01/25/2017 - R UCC3 Termination
(2017012301002004)
01/20/2017 - R Initial UCC1
(2017011801800001)
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R: Recorded date
D: Document date

Property Taxes for 5427 Flatlands Avenue, Brooklyn

Access detailed property tax data for 5427 Flatlands Avenue, Brooklyn, NY 11234. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $34,386
Estimated property tax: $35,118
Tax assessor's market value: $757,000
Assessed value: $340,650

Assessment History for 5427 Flatlands Avenue, Brooklyn

Here's the assessment & property tax history for 5427 Flatlands Avenue, 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 $757,000 $340,650 $316,980 10.848% $34,386 $34,386 +4.26%
2024/25 $681,000 $306,450 $306,450 10.762% $32,980 $32,980 -1.71%
2023/24 $704,000 $316,800 $316,800 10.592% $33,555 $33,555 +0.00%
2022/23 $721,000 $324,450 $315,180 10.646% $33,554 $33,554 +6.07%
2021/22 $659,000 $296,550 $294,120 10.755% $31,633 $31,633 +7.34%

Permits for 5427 Flatlands Avenue, Brooklyn

The complete history of permits filed for 5427 Flatlands Avenue, 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
06/29/2021 Alteration
03/27/2006 Alteration type 3
11/07/1997 Alteration type 2
12/09/1996 Sign
12/09/1996 Sign
12/09/1996 Sign
10/03/1996 New building
04/28/1995 New building
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Flatbush Ave at NE Corner
Station lines 2-5
Distance (miles) 1.276
View subway map
Bus Routes
Name Flatlands Av/E 53 St
Line B82
Distance (miles) 0.092

Neighbors for 5427 Flatlands Avenue, Brooklyn

Here are the neighbors for 5427 Flatlands Avenue, Brooklyn, NY 11234.

Address Square feet Purchase date Purchase price
1141 E 54th St, Brooklyn 2,180 12/27/2018 $670,000
1137 E 54th St, Brooklyn 2,180 01/25/2023 $850,000
1133 E 54th St, Brooklyn 2,180 09/02/2014 $478,400
1241 E 53rd St, Brooklyn 1,766 01/23/1987
1143 E 54th St, Brooklyn 2,180 06/04/2014 $400,000
1147 E 54th St, Brooklyn 2,180 01/24/2005 $250,000
1165 E 54th St, Brooklyn 149,520 02/19/2004 $95,000
5417 Avenue J, Brooklyn 788 02/04/2015 $265,000
5324 Avenue I, Brooklyn 2,418 10/28/2025
5423 Avenue J, Brooklyn 3,596 10/23/2024
5404 Avenue I, Brooklyn 2,460 11/21/2003 $440,000
1135 E 54th St, Brooklyn 2,180 06/04/2018 $482,500
1186 E 54th St, Brooklyn 1,640 07/12/2002
1145 E 54th St, Brooklyn 2,400 09/24/1999
1139 E 54th St, Brooklyn 2,180 12/21/1999
5402 Avenue I, Brooklyn 2,460 03/08/2012
1209 E 54th St, Brooklyn 2,100 02/05/2025
5419 Avenue J, Brooklyn 3,605 08/28/1984
5320 Avenue I, Brooklyn 2,300 10/22/2014 $480,000
5316 Avenue I, Brooklyn 2,322 02/15/2022 $920,000
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