New York City » 11234 » Avenue U » 5102 Avenue U

Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 - Property report

Also known as: 5102 Avenue U

Property image for Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234

Property type

All Parking Garages (G1)

Year built

1970

Lot sq. ft.

257,000

Sale price

$25,631,000

General information

Address

Building name

Kings Plaza Shopping Center

Primary address

Kings Plaza Shopping Center - 5102 Avenue U

Alternate address(es)

2565-2575 Flatbush Ave

ZIP code

11234

Neighborhood

Old Mill Basin

Borough

Brooklyn

Block & lot

08470-0050

Building

Property type

All Parking Garages (G1)

Building sq. ft.

114,400

Buildings on lot

Stories

Year built

1970

Sales

Sale date

11/28/2012

Sale price

$25,631,000 - M

Tax

Tax year

2026-2027

Property tax

$1,490,443

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Flatbush Avenue (wide)
Avenue V (wide)
Hendrickson Place (narrow)
Avenue U (wide)

Distance to wide street

Lot dimensions

639 ft x 171.59 ft

Lot sq. ft.

257,000

Area overview

Walk score

83 /100. Very Walkable

Transit score

78 /100. Excellent Transit

Bike score

73 /100. Very Bikeable

School district

Community district

Closest police station

1.65 Miles

Closest fire station

0.53 Miles

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

Ownership

Ownership information for Kings Plaza Shopping Center - 5102 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 Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234

Sale date	Sale price	Buyer name	Seller name
11/28/2012	$25,631,000	XXXXXXXX XXXXX XXXXX XXX	XXXXXXXXX''X 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
10/18/2021 - R 10/06/2021 - D	Memorandum of Lease (2021101201342001)	XXXXXXXX XXXXX XXXXX XXX	XXXXXX XXXXXXXXXXX
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

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Kings Plaza Shopping Center - 5102 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

$1,490,443

Municipal exemptions

Recent tax assessments

Market value

$46,819,000

Assessed value

$21,068,550

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	$46,238,000	$20,807,100	$16,740,160	10.848%	$2,137,572	$1,414,505	-22.26%
2024/25	$45,185,000	$20,333,250	$16,906,120	10.762%	$2,138,487	$1,819,437	+2.64%
2023/24	$43,777,800	$19,700,000	$16,735,400	10.592%	$2,086,624	$1,772,614	-2.33%
2022/23	$44,700,000	$20,115,000	$17,047,170	10.646%	$2,130,453	$1,814,842	+15.55%
2021/22	$39,041,000	$17,568,450	$14,603,850	10.755%	$1,889,487	$1,570,644	+0.81%
2020/21	$48,082,000	$21,636,900	$14,569,580	10.694%	$1,875,105	$1,558,071	+20.78%
2019/20	$45,465,000	$20,459,250	$12,242,200	10.537%	$1,602,341	$1,289,961	+21.10%
2018/19	$45,065,000	$20,279,250	$10,131,250	10.514%	$1,376,898	$1,065,200	+25.76%
2017/18	$33,990,000	$15,295,500	$8,056,300	10.514%	$1,158,737	$847,039	-0.51%
2016/17	$28,049,000	$12,622,050	$8,052,030	10.574%	$1,171,865	$851,422	+12.08%

Permits

Permit information for Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/08/2026	Alteration
06/04/2026	Alteration
03/22/2023	Alteration
11/17/2021	Alteration
10/14/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Floyd Bennett Field residential market stats

Access a detailed real estate market overview of Floyd Bennett Field so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Floyd Bennett Field and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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,X

Hurricane evacuation zones

1,2

Subway & traffic

Closest station

Station lines

B-Q

Distance (miles)

1.944

View subway map

Access the detailed traffic volume map for Kings Plaza Shopping Center - 5102 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 207 Elizabeth G Leary	8	Yes	Public	PK, K-8	896	0.63
P.S. 207 Elizabeth G Leary	8	Yes	Public	PK, K-8	896	0.63
Hebrew Language Academy	5	No	Charter	PK, K-8	610	0.42
Hebrew Language Academy	5	No	Charter	PK, K-8	610	0.42
P.S. 236 Mill Basin	8	No	Public	PK, K-5	572	0.66
P.S. 236 Mill Basin	8	No	Public	PK, K-5	572	0.66
Yeshivah of Crown Heights	NR	No	Private	PK-8	400	0.66
Yeshivah of Crown Heights	NR	No	Private	PK-8	400	0.66
Marine Park Day School	NR	No	Private	PK, 2, 4	0	0.68
Marine Park Day School	NR	No	Private	PK, 2, 4	0	0.68

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 78 Roy H Mann	6	Yes	Public	6-8	542	0.93
Hebrew Language Academy	5	No	Charter	PK, K-8	610	0.42
P.S. 207 Elizabeth G Leary	8	No	Public	PK, K-8	896	0.63
Yeshivah of Crown Heights	NR	No	Private	PK-8	400	0.66
Scholar Skills Christian Academy	NR	No	Private	3-11	23	0.86
Mary Queen of Heaven Catholic Academy	NR	No	Private	PK-8	180	0.86
Success Academy Bergen Beach	10	No	Charter	K-8	1,052	0.93
St Bernard Elementary School	NR	No	Private	PK-8	317	0.93
Jhs 278 Marine Park	7	No	Public	6-8	1,076	0.96
St. Thomas Aquinas School	NR	No	Private	PK, K-8	0	1.04

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
James Madison High School	5	Yes	Public	9-12	3,630	1.46
Scholar Skills Christian Academy	NR	No	Private	3-11	23	0.86
Yeshiva Ohr Yisrael	NR	No	Private	9-12	54	1.26
Yeshiva Ohr Yisrael	NR	No	Private	9-12	54	1.29
Zvi Dov Roth Academy Of Yeshiva Rambam	NR	No	Private	9-12	67	1.33
Origins High School	5	No	Public	9-12	438	1.36
New Visions Charter HS-Advanced Math & Science	6	No	Charter	9-12	407	1.36
Professional Pathways High School	1	No	Public	9-12	159	1.36
Lev Bais Yaakov	NR	No	Private	K-12	599	1.38
P.S. 811 Connie Lekas School	NR	No	Public	6-12	273	1.54

Frequently asked questions

What is the year built for Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234?

The development at Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 was built in 1970.

What is the total square footage of Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234?

Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 has a total of 114,400 square feet.

When was Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 last sold and what was the sale price?

Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 was last sold on 11/28/2012 for $25,631,000.

What is the assessed value of Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234?

Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 is currently assessed at $21,068,550.

What are the property taxes for Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234?

The property taxes for Kings Plaza Shopping Center - 5102 Avenue U, Brooklyn, NY 11234 total $1,891,910.

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.