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550 5th Avenue #Com, Brooklyn, NY 11215 Property Information

550 5th Avenue #Com, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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550 5th Avenue #Com, Brooklyn, NY 11215 1
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Address

Primary address 550 5th Avenue #Com
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01041-1001

Sales & Tax Overview for 550 5th Avenue #Com, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/12/2003
Purchase price $3,675,000
Tax class
Estimated property tax $365,630

Lot & Building Information for 550 5th Avenue #Com, Brooklyn

Lot sq. ft. 27,098
Property type Retail Space (RK)
Building sqft 36,509
Buildings on lot 1
Stories 3
Year built 1925
Year last altered 2002
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Zoning & Use for 550 5th Avenue #Com, Brooklyn

Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.77 Miles
Closest fire station 0.40 Miles

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

Other Property Data for 550 5th Avenue #Com, 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 550 5th Avenue #Com, Brooklyn, NY 11215, 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 550 5th Avenue #Com, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 550 5th Avenue #Com, Brooklyn

How many sq. ft. does 550 5th Avenue #Com, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Retail Space (RK) located at 550 5th Avenue #Com, Brooklyn, NY 11215 has a total of 36,509 square feet and a current price per square foot of $100.

What is the year built & the current market value of 550 5th Avenue #Com, Brooklyn, NY 11215?

550 5th Avenue #Com, Brooklyn, NY 11215 was built in 1925 and has a current tax assessor's market value of $8,355,999.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 550 5th Avenue #Com, Brooklyn

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Property owner name for 550 5th Avenue #Com, Brooklyn, NY 11215
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Building contacts for 550 5th Avenue #Com, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 550 5th Avenue #Com, Brooklyn

Create a free account to view the complete sales history for 550 5th Avenue #Com, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/12/2003 $3,675,000

Title Documents for 550 5th Avenue #Com, 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
12/26/2023 - R Initial UCC1
(2023122600364001)
12/21/2023 - D
01/05/2024 - R
Agreement
(2024010200206002)
12/21/2023 - D
01/05/2024 - R
Mortgage
(2024010200206001)
08/04/2023 - R UCC3 Continuation
(2023080400531001)
12/18/2018 - D
01/28/2019 - R
Subordination of Mortgage
(2019011700112001)
11/21/2018 - R Initial UCC1
(2018112000919001)
11/21/2018 - R UCC3 Termination
(2018111500370001)
11/09/2018 - D
11/23/2018 - R
Agreement
(2018111400723004)
11/09/2018 - D
11/23/2018 - R
Mortgage
(2018111400723003)
11/07/2018 - D
11/23/2018 - R
Termination of Assign of L&R
(2018111400723005)
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R: Recorded date
D: Document date

Property Taxes for 550 5th Avenue #Com, Brooklyn

Access detailed property tax data for 550 5th Avenue #Com, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $337,370
Estimated property tax: $365,630
Tax assessor's market value: $8,355,999
Assessed value: $3,760,200

Assessment History for 550 5th Avenue #Com, Brooklyn

Here's the assessment & property tax history for 550 5th Avenue #Com, 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 $8,355,999 $3,760,200 $3,109,970 10.848% $337,370 $337,370 +6.77%
2024/25 $7,286,999 $3,279,150 $2,936,157 10.762% $315,989 $315,989 +4.90%
2023/24 $7,321,000 $3,294,450 $2,843,888 10.592% $301,225 $301,225 +5.33%
2022/23 $6,755,000 $3,039,750 $2,686,325 10.646% $285,986 $285,986 +20.32%
2021/22 $4,910,999 $2,209,950 $2,209,950 10.755% $237,680 $237,680 -9.02%

Permits for 550 5th Avenue #Com, Brooklyn

The complete history of permits filed for 550 5th Avenue #Com, 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.

No recorded permits for this property.

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
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Transportation

Distance to Subway
Closest station 4th Ave & Prospect Ave at NE Corner
Station lines R
Distance (miles) 0.168
View subway map
Bus Routes
Name 5 Av/15 St
Line B63
Distance (miles) 0.043

Neighbors for 550 5th Avenue #Com, Brooklyn

Here are the neighbors for 550 5th Avenue #Com, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
2564 E 15th St, Brooklyn 2,533 10/26/2011 $295,074
12 Whitwell Pl, Brooklyn 4,500 04/30/2013 $1,808,259
1501 Nostrand Ave, Brooklyn 1,748 04/05/2005 $351,000
36 S 4th St, Brooklyn 22,800 09/17/1997
411 Sterling Pl, Brooklyn 3,092 11/04/2010 $1,691,500
45 A Brighton 10 CT, Brooklyn 2,104 07/16/2024
543 Eldert Ln, Brooklyn 1,590 03/13/2026
443 Wortman Ave, Brooklyn 2,295 02/15/2018 $700,000
1228 59th St, Brooklyn 3,760 08/18/2021
447 E 26th St, Brooklyn 5,110 08/07/2003 $339,000
1477 Rear Carroll St, Brooklyn 10/18/2017
32 New York Ave, Brooklyn 02/20/2001
397 E 35th St, Brooklyn 3,332 12/10/2004 $494,000
1945 64th St, Brooklyn 1,328 09/30/2020 $800,000
1401 Dorchester Rd, Brooklyn 1,728 03/21/2009
447 E 94th St, Brooklyn 7,000 04/30/2016 $405,000
1406 New York Ave, Brooklyn 259,200 06/29/2023
358 A 14th St, Brooklyn 2,400 06/21/2024
2236 79th St, Brooklyn 2,420 01/27/2023
1309 E 64th St, Brooklyn 1,372 10/26/2016 $445,000
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