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5501 Glenwood Road, Brooklyn, NY 11234 Property Information

5501 Glenwood Road, Brooklyn, NY 11234 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5501 Glenwood Road, Brooklyn, NY 11234 1
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Address

Primary address 5501 Glenwood Road
Secondary address 893 E 55th St
Neighborhood East Flatbush
Zip code 11234
Borough Brooklyn
Block & lot 07973-0009

Sales & Tax Overview for 5501 Glenwood Road, Brooklyn

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Purchase date 12/23/2020
Purchase price $3,150,000
Tax class
Estimated property tax $92,115

Lot & Building Information for 5501 Glenwood Road, Brooklyn

Lot sqft 15,972
Lot dimensions 159.5 ft x 100 ft
Building class One Story Retail Building (K1)
Building sqft 9,412
Building dimensions 159.5 ft x 55 ft
Buildings on lot 1
Stories 1
Year built 1949
Status
Status date
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Zoning & Use for 5501 Glenwood Road, Brooklyn

Zoning
Commercial units 7
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 18
Community district 18
Closest police station 1.07 Miles
Closest fire station 1.03 Miles

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

Other Property Data for 5501 Glenwood Road, 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 5501 Glenwood Road, 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 5501 Glenwood Road, 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.

  • 893 E 55th St, Brooklyn, NY 11234
  • 5501-5519 Glenwood Rd, Brooklyn, NY 11234

About 5501 Glenwood Road, Brooklyn

How many sq. ft. does 5501 Glenwood Road, Brooklyn, NY 11234 have & what is the price per sq. ft?

This One Story Retail Building (K1) located at 5501 Glenwood Road, Brooklyn, NY 11234 has a total of 9,412 square feet and a current price per square foot of $334.

What is the year built & the current market value of 5501 Glenwood Road, Brooklyn, NY 11234?

5501 Glenwood Road, Brooklyn, NY 11234 was built in 1949 and has a current tax assessor's market value of $1,894,000.

How many commercial spaces does this building have?

This building has 7 commercial spaces available for lease.

Ownership Information for 5501 Glenwood Road, Brooklyn

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Property owner name for 5501 Glenwood Road, Brooklyn, NY 11234
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Building contacts for 5501 Glenwood Road, Brooklyn, NY 11234
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 5501 Glenwood Road, Brooklyn

Create a free account to view the complete sales history for 5501 Glenwood Road, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/23/2020 $3,150,000

Title Documents for 5501 Glenwood Road, 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
12/23/2020 - D
01/15/2021 - R
Deed
(2021010600472001)
03/05/1969 - R Lease
(36930031700348)
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 5501 Glenwood Road, Brooklyn

Access detailed property tax data for 5501 Glenwood Road, Brooklyn, NY 11234. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $87,898
Estimated property tax: $92,115
Tax assessor's market value: $1,894,000
Assessed value: $852,300

Assessment History for 5501 Glenwood Road, Brooklyn

Here's the assessment & property tax history for 5501 Glenwood Road, 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 $1,894,000 $852,300 $810,270 10.848% $87,898 $87,898 +2.13%
2024/25 $1,791,000 $805,950 $799,740 10.762% $86,068 $86,068 +5.19%
2023/24 $1,797,000 $808,650 $772,450 10.592% $81,818 $81,818 +1.68%
2022/23 $1,854,000 $834,300 $755,800 10.646% $80,462 $80,462 +4.50%
2021/22 $1,667,000 $750,150 $715,930 10.755% $76,998 $76,998 +5.30%

Permits for 5501 Glenwood Road, Brooklyn

The complete history of permits filed for 5501 Glenwood Road, 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
01/08/2026 No work
01/05/2026 Alteration CO
11/04/2025 Alteration CO
07/11/2025 Alteration CO
07/26/2024 No work
06/20/2024 Alteration CO
05/15/2024 Alteration
05/15/2024 Alteration
04/26/2024 Alteration
03/15/2024 Alteration
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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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 Av H / E 56 St
Line B6
Distance (miles) 0.175

Neighbors for 5501 Glenwood Road, Brooklyn

Here are the neighbors for 5501 Glenwood Road, Brooklyn, NY 11234.

Address Square feet Purchase date Purchase price
873 E 55th St, Brooklyn 2,123 12/07/2018 $789,000
867 E 55th St, Brooklyn 2,123 01/22/1992
872 E 55th St, Brooklyn 2,071 04/26/2000
881 E 55th St, Brooklyn 2,123 06/29/2017
877 E 55th St, Brooklyn 2,123 09/18/2025 $700,000
5523 Glenwood Rd, Brooklyn 2,720 12/23/2020 $3,150,000
874 E 55th St, Brooklyn 2,071 03/29/1984
866 E 55th St, Brooklyn 2,071 08/11/2008
863 E 55th St, Brooklyn 2,123 10/22/2014
876 E 55th St, Brooklyn 2,071 06/28/1979
870 E 55th St, Brooklyn 2,071 08/23/2019
862 E 55th St, Brooklyn 2,280 12/03/2021
861 E 55th St, Brooklyn 2,123 03/23/2006 $545,000
859 E 55th St, Brooklyn 2,123 12/22/2009 $458,000
868 E 55th St, Brooklyn 2,071 08/09/2005
869 E 55th St, Brooklyn 2,123 04/30/2013 $397,000
864 E 55th St, Brooklyn 2,280 08/29/2002
875 E 55th St, Brooklyn 2,123 09/04/1986
871 E 55th St, Brooklyn 2,123 02/28/2023 $640,000
880 E 55th St, Brooklyn 3,168 12/10/1976
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