Kings » 11234 » Avenue U » 5602 Avenue U

5602 Avenue U, Brooklyn, NY 11234 - Property report

Also known as: 5502-5602 Avenue U

Property image for 5602 Avenue U, Brooklyn, NY 11234

Property type

Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)

Year built

2010

Lot sq. ft.

264,500

Sale price

$276,947,000

General information

Address

Primary address

5602 Avenue U

Alternate address(es)

5502-5602 Avenue U

ZIP code

11234

Neighborhood

Old Mill Basin

Borough

Brooklyn

Block & lot

08470-0114

Building

Property type

Big Box Retail Not Affixed & Standing on Own Lot with Parking (Eg. Costco & BJ's) (K8)

Building sq. ft.

120,590

Building dimensions

480 ft x 225 ft

Buildings on lot

Stories

Year built

2010

Building material

Sales

Sale date

11/28/2012

Sale price

$276,947,000 - M

Tax

Tax year

2026-2027

Property tax

$984,115

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

350 ft x 650 ft

Lot sq. ft.

264,500

Area overview

Walk score

87 /100. Very Walkable

Transit score

77 /100. Excellent Transit

Bike score

69 /100. Bikeable

School district

Community district

Closest police station

1.61 Miles

Closest fire station

0.50 Miles

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

Ownership

Ownership information for 5602 Avenue U, 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 5602 Avenue U, Brooklyn, NY 11234

Sale date	Sale price	Buyer name	Seller name
11/28/2012	$276,947,000	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXXX'X XXXXX XXXXX XXX XXX XXXXX XXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
09/20/2024 - R	UCC3 Continuation (2024091900237001)	XXXXXXXX XXXXX XXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
05/26/2023 - R 04/20/2023 - D	Agreement (2023051600325001)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX	XXXXX XXXXX XXX XXXX XXX
09/20/2023 - R 07/20/2022 - D	Memorandum of Lease (2023091501071001)	XXXXXXXX XXXXX XXXXX XXX	XXXXX XXXXX XXX XXXX XXX
06/25/2020 - R	UCC3 Assignment (2020062500002002)	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/25/2020 - R 03/24/2020 - D	Assignment, Mortgage (2020062500002001)	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
12/11/2019 - R	Initial UCC1 (2019120900910004)	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2020 - R 12/03/2019 - D	Termination of Assign of L&R (2019121800840001)	XXXXXXX XXXXX XXXX XXX
12/11/2019 - R 12/03/2019 - D	Agreement (2019120900910003)	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/11/2019 - R 12/03/2019 - D	Mortgage (2019120900910002)	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/11/2019 - R 12/03/2019 - D	Assignment, Mortgage (2019120900910001)	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5602 Avenue U, 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

$984,115

Municipal exemptions

Recent tax assessments

Market value

$20,652,000

Assessed value

$9,293,400

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	$20,651,000	$9,292,950	$8,206,240	10.848%	$962,246	$890,213	+7.06%
2024/25	$20,610,000	$9,274,500	$7,726,270	10.762%	$974,425	$831,501	+8.93%
2023/24	$20,441,000	$9,198,450	$7,206,390	10.592%	$974,300	$763,301	+14.11%
2022/23	$19,865,000	$8,939,250	$6,283,170	10.646%	$951,673	$668,906	+25.26%
2021/22	$18,412,000	$8,285,400	$4,965,300	10.755%	$891,095	$534,018	-24.07%
2020/21	$22,696,000	$10,213,200	$6,576,840	10.694%	$1,058,379	$703,327	+9.08%
2019/20	$22,446,000	$10,100,700	$6,119,370	10.537%	$994,637	$644,798	+11.26%
2018/19	$23,018,000	$10,358,100	$5,512,320	10.514%	$928,641	$579,565	+13.57%
2017/18	$22,817,000	$10,267,650	$4,853,790	10.514%	$859,403	$510,327	+11.52%
2016/17	$18,989,000	$8,545,050	$4,327,650	10.574%	$808,673	$457,606	+6.61%

Permits

Permit information for 5602 Avenue U, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
08/05/2026	Alteration
11/13/2023	Alteration
03/08/2023	Alteration
05/06/2022	Alteration
10/12/2021	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
	10/04/2023	Aeuhaz1-fail to certify class 1 none
	02/03/2022	Bench-failure to benchmark
	11/03/2021	Bench-failure to benchmark

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 5602 Avenue U, Brooklyn, NY 11234

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	Storage	Listing price not available	1,158,920	05/04/2022	08/24/2026	View listing

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

FEMA flood zones

0.2,AE

Hurricane evacuation zones

Subway & traffic

Closest station

Station lines

B-Q

Distance (miles)

2.061

View subway map

Access the detailed traffic volume map for 5602 Avenue U, 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 5602 Avenue U, Brooklyn, NY

2117 E 65th St, Brooklyn 5993 Strickland Ave, Brooklyn 6065 Strickland Ave, Brooklyn 6075 Strickland Ave, Brooklyn 2135 E 65th St, Brooklyn 5610 Avenue U, Brooklyn 5716 Avenue U, Brooklyn 5945 Strickland Ave, Brooklyn 5100 Kings Plz, Brooklyn 2111 E 65th St, Brooklyn 2113 E 65th St, Brooklyn 2115 E 65th St, Brooklyn 2121 E 65th St, Brooklyn 2141 E 65th St, Brooklyn 5905 Strickland Ave, Brooklyn 6095 Strickland Ave, Brooklyn 2129 E 65th St, Brooklyn 6085 Strickland Ave, Brooklyn 2147 E 65th St, Brooklyn

Frequently asked questions

What is the year built for 5602 Avenue U, Brooklyn, NY 11234?

The development at 5602 Avenue U, Brooklyn, NY 11234 was built in 2010.

What is the market value of 5602 Avenue U, Brooklyn, NY 11234?

The current market value of 5602 Avenue U, Brooklyn, NY 11234 is $20,652,000.

What is the total square footage of 5602 Avenue U, Brooklyn, NY 11234?

5602 Avenue U, Brooklyn, NY 11234 has a total of 120,590 square feet.

What is the price per square foot for this property?

$2,296 per square foot is the price for 5602 Avenue U, Brooklyn, NY 11234.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 5602 Avenue U, Brooklyn, NY 11234 have?

This address has 9 active listing(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.