Kings  »  11234  »  Glenwood Rd  »  5501 Glenwood Rd

5501 Glenwood Road, Brooklyn, NY 11234 - Property report

Also known as: 893 E 55th St

Property image for 5501 Glenwood Road, Brooklyn, NY 11234
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1949

Lot sq. ft.

15,972

Sale price

$3,150,000

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
5501 Glenwood Road
Alternate address(es)
5501-5517 Glenwood Rd
5501-5519 Glenwood Rd
893 E 55th St
ZIP code
11234
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
07973-0009

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
9,412
Building dimensions
159.5 ft x 55 ft
Buildings on lot
1
Stories
1
Year built
1949
Building material
Sales
Sale date
12/23/2020
Sale price
$3,150,000 - M
Tax
Tax year
2026-2027
Property tax
$92,116
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
159.5 ft x 100 ft
Lot sq. ft.
15,972

Area overview

Walk score
72 /100.  Very Walkable
Transit score
77 /100.  Excellent Transit
Bike score
57 /100.  Bikeable
School district
18
Community district
18
Closest police station
1.07 Miles
Closest fire station
1.03 Miles

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

Ownership information for 5501 Glenwood Road, Brooklyn, NY

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

Sales history for 5501 Glenwood Road, Brooklyn, NY 11234

Sale date Sale price Buyer name Seller name
12/23/2020 $3,150,000 XXXX XXXXXXXX XXXXX XXX XXXX XXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/15/2021 - R
12/23/2020 - D
Deed
(2021010600472001)
XXXX XXXXXXXX XXX XXXX XXXXXXXX XXXXX XXX
03/05/1969 - R Lease
(36930031700348)
XXXX XXXXXXXX XXX XXXXX XXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5501 Glenwood Road, 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
$92,116
Municipal exemptions
Recent tax assessments
Market value
$2,099,000
Assessed value
$944,550

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 $1,894,000 $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%
2020/21 $1,777,000 $799,650 $683,800 10.694% $73,126 $73,126 +4.95%
2019/20 $1,725,000 $776,250 $661,230 10.537% $69,674 $69,674 +7.44%
2018/19 $1,612,000 $725,400 $616,770 10.514% $64,847 $64,847 +7.38%
2017/18 $1,411,000 $634,950 $574,380 10.514% $60,390 $60,390 +6.44%
2016/17 $1,310,000 $589,500 $536,580 10.574% $56,738 $56,738 +6.67%

Permit information for 5501 Glenwood Road, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/01/2026 Alteration CO
07/01/2026 Alteration CO
01/08/2026 No work
01/05/2026 Alteration CO
11/04/2025 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Hblvio-high pressure boiler boiler required
11/14/2025 Hblvio-high pressure boiler boiler required
06/20/2023 Hblvio-high pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
1.276

Access the detailed traffic volume map for 5501 Glenwood Road, 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

Frequently asked questions

What is the year built for 5501 Glenwood Road, Brooklyn, NY 11234?

The development at 5501 Glenwood Road, Brooklyn, NY 11234 was built in 1949.

What is the market value of 5501 Glenwood Road, Brooklyn, NY 11234?

The current market value of 5501 Glenwood Road, Brooklyn, NY 11234 is $2,099,000.

What is the total square footage of 5501 Glenwood Road, Brooklyn, NY 11234?

5501 Glenwood Road, Brooklyn, NY 11234 has a total of 9,412 square feet.

What is the price per square foot for this property?

$334 per square foot is the price for 5501 Glenwood Road, Brooklyn, NY 11234.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

Disclaimer

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