New York City » 11234 » Avenue M » 5224 Avenue M

5224 Avenue M, Brooklyn, NY 11234 - Property report

Also known as: 1518 E 53rd St

Property image for 5224 Avenue M, Brooklyn, NY 11234

Property type

Two Family Frame (B2)

Year built

1932

Lot sq. ft.

3,200

Sale price

$900,000

General information

Address

Primary address

5224 Avenue M

Alternate address(es)

1518 E 53rd St
5222 Avenue M

ZIP code

11234

Neighborhood

Flatlands

Borough

Brooklyn

Block & lot

07877-0048

Building

Property type

Two Family Frame (B2)

Building sq. ft.

2,178

Building dimensions

28 ft x 32 ft

Buildings on lot

Stories

Year built

1932

Last altered

2007

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

03/15/2022

Sale price

$900,000

Tax

Tax year

2026-2027

Property tax

$9,265

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 53 Street (wide)
Avenue M (narrow)

Distance to wide street

Lot dimensions

40 ft x 80 ft

Lot sq. ft.

3,200

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

78 /100. Excellent Transit

Bike score

61 /100. Bikeable

School district

Community district

Closest police station

1.00 Miles

Closest fire station

0.44 Miles

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

Ownership

Ownership information for 5224 Avenue M, 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 5224 Avenue M, Brooklyn, NY 11234

Sale date	Sale price	Buyer name	Seller name
03/15/2022	$900,000	XXXXXXX, XXXXX XXX XXXXXXXX, XXXXXX	XXXX XXX X XX XXXX XXX
05/01/2019	$661,863	XXXX XXX X XX XXXX XXX.	XXXXXXX, XXXXXXX X
08/09/2007	$525,000	XXXXXXXX, XXXXX	XXXXXX, XXXX XXX XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/19/2023 - R 10/03/2023 - D	Satisfaction of Mortgage (2023101800020002)	XXXX XXX X XX XXXX XXX	XXX XXXXXXXXX XXX
10/19/2023 - R 10/03/2023 - D	Assignment, Mortgage (2023101800020001)	XXX XXXXXXXXX XXX	XXXXX XXXX XXXXXXX X XXXXX
04/19/2024 - R 09/21/2023 - D	Mortgage (2024041800525001)	XXXXXXX XXXXX	XXXXXXXXX XX XXXXXXX XXX XXXXX XXXXXXXXXXX
03/23/2022 - R 03/15/2022 - D	Mortgage (2022031700245002)	XXXXXXX XXXXX	XXXXXXXXXX XXXXXXXX XXXXXXXX XXX
03/23/2022 - R 03/15/2022 - D	Deed (2022031700245001)	XXXX XXX X XX XXXX XXX	XXXXXXX XXXXX
03/08/2021 - R 02/16/2021 - D	Satisfaction of Mortgage (2021030201280001)	XXXX XXX X XX XXXX XXX	XXXX XXXXXX XXX XXXXXX XXXX X XXXXXXXX XXXXXXX
02/11/2021 - R 01/22/2021 - D	Assignment of Leases and Rents (2021020800852003)	XXXX XXX X XX XXXX XXX	XXXX XXXXXX XXX XXXXXX XXXXX
02/11/2021 - R 01/22/2021 - D	Agreement (2021020800852002)	XXXX XXX X XX XXXX XXX	XXXX XXXXXX XXX XXXXXX XXXXX
02/11/2021 - R 01/22/2021 - D	Assignment, Mortgage (2021020800852001)	XXXX XXXXXX XXX XXXXXX XXXX	XXXX XXXXXX XXX XXXXXX XXXXX
02/05/2021 - R 01/22/2021 - D	Mortgage (2021020300454001)	XXXX XXX X XX XXXX XXX	XXXX XXXXXX XXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5224 Avenue M, 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

$9,265

Municipal exemptions

Recent tax assessments

Market value

$1,010,000

Assessed value

$60,600

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	$1,095,000	$65,700	$44,051	19.843%	$8,741	$8,741	+4.72%
2024/25	$941,000	$56,460	$41,558	20.085%	$8,347	$8,347	0.00%
2023/24	$1,126,000	$67,560	$41,558	20.085%	$8,347	$8,347	-0.35%
2022/23	$922,000	$55,320	$41,245	20.309%	$8,376	$8,376	+7.83%
2021/22	$763,000	$45,780	$38,911	19.963%	$7,768	$7,768	+0.55%
2020/21	$725,000	$43,500	$36,709	21.045%	$7,725	$7,725	+5.39%
2019/20	$631,000	$37,860	$34,632	21.167%	$7,331	$7,331	+1.19%
2018/19	$611,000	$36,660	$34,632	20.919%	$7,245	$7,245	+3.40%
2017/18	$671,000	$40,260	$34,371	20.385%	$7,007	$7,007	+8.09%
2016/17	$610,000	$36,600	$32,426	19.991%	$6,482	$6,482	+8.37%

Permits

Permit information for 5224 Avenue M, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/07/2002	Alteration type 1
04/04/2002	Alteration type 1
03/22/2002	Alteration type 1
12/18/2001	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Avenue H at NE Corner

Station lines

2-5

Distance (miles)

1.422

View subway map

Access the detailed traffic volume map for 5224 Avenue M, 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. 203 Floyd Bennett	7	Yes	Public	PK, K-5	501	0.09
P.S. 203 Floyd Bennett	7	Yes	Public	PK, K-5	501	0.09
Mary Queen of Heaven Catholic Academy	NR	No	Private	PK-8	180	0.21
Mary Queen of Heaven Catholic Academy	NR	No	Private	PK-8	180	0.21
Scholar Skills Christian Academy	NR	No	Private	3-11	23	0.31
Brooklyn Kids Preparatory School	NR	No	Private	K-7	40	0.42
P.S. 326	NR	No	Public	PK, K-2	149	0.53
P.S. 326	NR	No	Public	PK, K-2	149	0.53
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.54
Success Academy Bergen Beach	10	No	Charter	K-8	1,052	0.59

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	0.59
Mary Queen of Heaven Catholic Academy	NR	No	Private	PK-8	180	0.21
Scholar Skills Christian Academy	NR	No	Private	3-11	23	0.31
Brooklyn Kids Preparatory School	NR	No	Private	K-7	40	0.42
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	0.54
Midwood Catholic Academy	NR	No	Private	PK-8	262	0.58
Success Academy Bergen Beach	10	No	Charter	K-8	1,052	0.59
P.S. 207 Elizabeth G Leary	8	No	Public	PK, K-8	896	0.61
Hebrew Language Academy	5	No	Charter	PK, K-8	610	0.83
P.S. 109	4	No	Public	PK, K-8	520	1.12

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Scholar Skills Christian Academy	NR	No	Private	3-11	23	0.31
Christian Heritage Academy	NR	No	Private	PK, K-12	269	0.76
Mesivta Tiferes Yisroel	NR	No	Private	PK, K-12	0	0.89
Victory Collegiate High School	2	No	Public	9-12	264	0.91
Academy for Conservation and the Environment	4	No	Public	9-12	383	0.91
Brooklyn Bridge Academy	4	No	Public	9-12	116	0.91
Brooklyn Community High School for Excellence and Equity	3	No	Public	9-12	181	0.91
Brooklyn Theatre Arts High School	4	No	Public	9-12	216	0.91
Zvi Dov Roth Academy Of Yeshiva Rambam	NR	No	Private	9-12	67	0.95
Yad Yisroel	NR	No	Private		40	1.12

Frequently asked questions

What is the year built for 5224 Avenue M, Brooklyn, NY 11234?

The development at 5224 Avenue M, Brooklyn, NY 11234 was built in 1932.

What is the total square footage of 5224 Avenue M, Brooklyn, NY 11234?

5224 Avenue M, Brooklyn, NY 11234 has a total of 2,178 square feet.

When was 5224 Avenue M, Brooklyn, NY 11234 last sold and what was the sale price?

5224 Avenue M, Brooklyn, NY 11234 was last sold on 03/15/2022 for $900,000.

What is the assessed value of 5224 Avenue M, Brooklyn, NY 11234?

5224 Avenue M, Brooklyn, NY 11234 is currently assessed at $60,600.

What are the property taxes for 5224 Avenue M, Brooklyn, NY 11234?

The property taxes for 5224 Avenue M, Brooklyn, NY 11234 total $9,265.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.