Kings  »  11234  »  Flatlands Ave  »  5401 Flatlands Ave

5401 Flatlands Avenue, Brooklyn, NY 11234 - Property report

Also known as: 1187-1197 E 54th St

Property image for 5401 Flatlands Avenue, Brooklyn, NY 11234
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Property type

One Story Retail Building (K1)

Year built

1994

Lot sq. ft.

6,263

Sale price

$1,615,000

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
5401 Flatlands Avenue
Alternate address(es)
1187-1197 E 54th St
54015409 Flatlands Ave
5403 Flatlands Ave
Show all
ZIP code
11234
Neighborhood
Flatlands
Borough
Brooklyn
Block & lot
07780-0015

Owner

Find out who owns 5401 Flatlands Avenue, Brooklyn, NY 11234. Uncover corporate and individual owners with a free account.

Building
Property type
One Story Retail Building (K1)
Building sq. ft.
6,200
Building dimensions
122 ft x 84 ft
Buildings on lot
1
Stories
1
Year built
1994
Last altered
2010
Building material
Sales
Sale date
01/17/2017
Sale price
$1,615,000
Tax
Tax year
2026-2027
Property tax
$35,489
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
137.81 ft x 97.02 ft
Lot sq. ft.
6,263

Area overview

Walk score
83 /100.  Very Walkable
Transit score
80 /100.  Excellent Transit
Bike score
66 /100.  Bikeable
School district
22
Community district
18
Closest police station
0.92 Miles
Closest fire station
0.72 Miles

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

Ownership

Ownership information for 5401 Flatlands 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 5401 Flatlands Avenue, Brooklyn, NY 11234

Sale date Sale price Buyer name Seller name
01/17/2017 $1,615,000 XX XXXX XXXXXXXXX XXX XXX XXXX XXXXXXXXX XXX
03/06/2013 $125,000 XXX XXXX XXXXXXXXX XXX XXXX XXXXXXXXX XXX
12/27/2002 $775,000 XXXX XXXXXXXXX, XXX X XXXX XXXXXXXXXXX XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/06/2024 - R UCC3 Assignment
(2024050600334006)		 XX XXXX XXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
05/06/2024 - R UCC3 Assignment
(2024050600334003)		 XX XXXX XXXXXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX
05/06/2024 - R
12/14/2023 - D		 Asgn of Asgn of L&R
(2024050600334005)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXX XXX
05/06/2024 - R
12/14/2023 - D		 Assignment, Mortgage
(2024050600334004)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXXXXX XXX
05/06/2024 - R
03/12/2023 - D		 Asgn of Asgn of L&R
(2024050600334002)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXX XXXX X X
05/06/2024 - R
03/12/2023 - D		 Assignment, Mortgage
(2024050600334001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXX XXXXXX XXXX X X
04/14/2022 - R
02/10/2022 - D		 Agreement
(2022040701385001)		 XX XXXX XXXXXXXXX XXX XXXXXXXXX XXXX
11/17/2021 - R UCC3 Continuation
(2021111500820001)		 XX XXXX XXXXXXXXX XXX XXXXXXXXX XXXX
01/25/2017 - R UCC3 Termination
(2017012301002004)		 XXX XXXX XXXXXXXXX XXX XXX XXXX XXXXXXXXX XXXX
01/20/2017 - R Initial UCC1
(2017011801800001)		 XX XXXX XXXXXXXXX XXX XXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5401 Flatlands 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
$35,489
Municipal exemptions
Recent tax assessments
Market value
$727,000
Assessed value
$327,150

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 $739,000 $332,550 $332,550 10.848% $36,075 $36,075 +13.90%
2024/25 $654,000 $294,300 $294,300 10.762% $31,673 $31,673 -14.37%
2023/24 $776,000 $349,200 $349,200 10.592% $36,987 $36,987 -28.22%
2022/23 $1,087,000 $489,150 $484,020 10.646% $51,529 $51,529 +10.10%
2021/22 $967,000 $435,150 $435,150 10.755% $46,800 $46,800 +0.20%
2020/21 $1,248,000 $561,600 $436,770 10.694% $46,708 $46,708 +14.73%
2019/20 $1,097,000 $493,650 $386,371 10.537% $40,712 $40,712 +10.91%
2018/19 $979,000 $440,550 $349,111 10.514% $36,706 $36,706 +6.88%
2017/18 $812,000 $365,400 $326,648 10.514% $34,344 $34,344 +2.63%
2016/17 $717,000 $322,650 $316,475 10.574% $33,464 $33,464 +4.43%
Permits

Permit information for 5401 Flatlands Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/30/2010 Alteration type 2
05/13/2010 Alteration type 2
04/07/1999 Alteration type 2
06/05/1996 Alteration type 2
01/23/1996 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
1.262
View subway map

Access the detailed traffic volume map for 5401 Flatlands 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 5401 Flatlands Avenue, Brooklyn, NY

431 Washington Ave, Brooklyn 2138 E 1st St, Brooklyn 2811 W 37th St, Brooklyn 465 Marcus Garvey Blvd, Brooklyn 3001 Bragg St, Brooklyn 23 Smith St, Brooklyn 1405 E 94th St, Brooklyn 306 Stockholm St, Brooklyn 9 Bushwick CT, Brooklyn 1381 Sterling Pl, Brooklyn 1891 48th St, Brooklyn 31 Bergen Beach Pl, Brooklyn 1922 Ford St, Brooklyn 2056 Pacific St, Brooklyn 36 Bay 47 St, Brooklyn 2011 E 13th St, Brooklyn 2714 Stillwell Ave, Brooklyn 1539 Union St, Brooklyn 2345 E 12th St, Brooklyn 61 A Somers St, Brooklyn

Nearby ZIP codes for 5401 Flatlands 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 5401 Flatlands Avenue, Brooklyn, NY 11234?

The development at 5401 Flatlands Avenue, Brooklyn, NY 11234 was built in 1994.

What is the market value of 5401 Flatlands Avenue, Brooklyn, NY 11234?

The current market value of 5401 Flatlands Avenue, Brooklyn, NY 11234 is $727,000.

What is the total square footage of 5401 Flatlands Avenue, Brooklyn, NY 11234?

5401 Flatlands Avenue, Brooklyn, NY 11234 has a total of 6,200 square feet.

What is the price per square foot for this property?

$260 per square foot is the price for 5401 Flatlands Avenue, Brooklyn, NY 11234.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

How many active listings does 5401 Flatlands Avenue, Brooklyn, NY 11234 have?

This address has 2 active listing(s).

Disclaimer

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