Kings  »  11234  »  Foster Ave  »  5701 Foster Ave

5701 Foster Avenue, Brooklyn, NY 11234 - Property report

Also known as: 5701 Foster Ave

Property image for 5701 Foster Avenue, Brooklyn, NY 11234
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Property type

Fireproof Warehouse (E1)

Year built

1960

Lot sq. ft.

33,000

Sale price

$7,200,000

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
5701 Foster Avenue
Alternate address(es)
5680-5704 Preston CT
5701-5715 Foster Ave
5701-5717 Foster Ave
ZIP code
11234
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
07932-0266

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
31,800
Building dimensions
165 ft x 190 ft
Buildings on lot
1
Stories
1
Year built
1960
Last altered
2021
Building material
Sales
Sale date
06/30/2020
Sale price
$7,200,000
Tax
Tax year
2026-2027
Property tax
$161,827
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
165 ft x 200 ft
Lot sq. ft.
33,000

Area overview

Walk score
79 /100.  Very Walkable
Transit score
76 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
18
Community district
18
Closest police station
1.07 Miles
Closest fire station
0.83 Miles

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

Ownership

Ownership information for 5701 Foster 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 5701 Foster Avenue, Brooklyn, NY 11234

Sale date Sale price Buyer name Seller name
06/30/2020 $7,200,000 XXXXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXXXX, XXX
10/06/2005 $2,500,000 XXXXXXXXX XXXXXX, XXX XXXX XXXXXX XXX. XXXXXX XXXX.
10/05/2005 $1 XXXX XXXXXX XXX. XXXXXX XXXX. XXX XXXX XXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/24/2025 - R UCC3 Assignment
(2025071800779003)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX
07/24/2025 - R
06/26/2025 - D		 Asgn of Asgn of L&R
(2025071800779002)		 XXXXX XXXXX XXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/24/2025 - R
06/26/2025 - D		 Assignment, Mortgage
(2025071800779001)		 XXXXX XXXXX XXXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/23/2025 - R UCC3 Continuation
(2025052200978001)		 XXXXXXXXX XXXXXXX XXX XXXXX XXXXX XXXX
03/24/2022 - R Initial UCC1
(2022031700898005)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX
05/10/2022 - R
03/16/2022 - D		 Agreement
(2022041100285001)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX
04/13/2022 - R
03/16/2022 - D		 Agreement
(2022040401061001)		 XXXXX XXXXX XXXX XXXX
03/24/2022 - R
03/16/2022 - D		 Assignment of Leases and Rents
(2022031700898003)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX
03/24/2022 - R
03/16/2022 - D		 Agreement
(2022031700898002)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX
03/24/2022 - R
03/16/2022 - D		 Mortgage
(2022031700898001)		 XXXXXXXXXX XXXXXXXX XXX XXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5701 Foster 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
$161,827
Municipal exemptions
Recent tax assessments
Market value
$5,422,000
Assessed value
$2,439,900

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 $5,170,000 $2,326,500 $1,971,644 10.848% $213,884 $134,384 +18.40%
2024/25 $4,830,000 $2,173,500 $1,793,372 10.762% $193,003 $113,503 +65.89%
2023/24 $4,330,000 $1,948,500 $1,396,530 10.592% $147,920 $68,420 -47.75%
2022/23 $3,956,000 $1,780,200 $1,230,030 10.646% $130,949 $130,949 +63.98%
2021/22 $1,650,000 $742,500 $742,500 10.755% $79,856 $79,856 -18.07%
2020/21 $2,244,000 $1,009,800 $911,430 10.694% $97,468 $97,468 +9.35%
2019/20 $2,137,000 $961,650 $845,910 10.537% $89,134 $89,134 +10.02%
2018/19 $2,080,000 $936,000 $770,580 10.514% $81,019 $81,019 +10.31%
2017/18 $2,002,000 $900,900 $698,551 10.514% $73,446 $73,446 +10.76%
2016/17 $1,664,000 $748,800 $627,089 10.574% $66,308 $66,308 +4.59%
Permits

Permit information for 5701 Foster Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
10/03/2022 Alteration
08/23/2022 Alteration
08/11/2022 Alteration
04/07/2022 Alteration
08/19/2020 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/29/2021 Egrade-failure to post energy grade/score none
02/02/2021 Bench-failure to benchmark none
11/02/2020 Bench-failure to benchmark none

*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
3

Subway & traffic

Closest station
Glenwood Rd & Rockaway Pkwy at NW Corner
Station lines
L
Distance (miles)
1.123
View subway map

Access the detailed traffic volume map for 5701 Foster Avenue, 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

Neighbors for 5701 Foster Avenue, Brooklyn, NY

475 E 58th St, Brooklyn 1460 Ralph Ave, Brooklyn 5811 Kingsway Pl, Brooklyn 5815 Avenue D, Brooklyn 5907 Preston CT, Brooklyn 5730 Kingsway Pl, Brooklyn 5805 Kingsway Pl, Brooklyn 1500 Ralph Ave, Brooklyn 5723 Preston CT, Brooklyn 5814 Preston CT, Brooklyn 5823 Avenue D, Brooklyn 1474 Ralph Ave, Brooklyn 5601 Foster Ave, Brooklyn 5903-5911 Preston CT, Brooklyn 5802 Avenue D, Brooklyn 5887 Preston CT, Brooklyn 5817 Preston CT, Brooklyn 5701 Avenue D, Brooklyn

Nearby ZIP codes for 5701 Foster Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11207, New York City, NY 11208, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11218, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11235, New York City, NY 11236, New York City, NY 11239, New York City, NY 11694, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 5701 Foster Avenue, Brooklyn, NY 11234?

The development at 5701 Foster Avenue, Brooklyn, NY 11234 was built in 1960.

What is the market value of 5701 Foster Avenue, Brooklyn, NY 11234?

The current market value of 5701 Foster Avenue, Brooklyn, NY 11234 is $5,422,000.

What is the total square footage of 5701 Foster Avenue, Brooklyn, NY 11234?

5701 Foster Avenue, Brooklyn, NY 11234 has a total of 31,800 square feet.

What is the price per square foot for this property?

$226 per square foot is the price for 5701 Foster Avenue, Brooklyn, NY 11234.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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