New York City  »  11218  »  E 5th St  »  507 E 5th St

507 East 5th Street, Brooklyn, NY 11218 - Property report

Also known as: 507 E 5th St

Property image for 507 East 5th Street, Brooklyn, NY 11218
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Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1925

Lot sq. ft.

2,400

Sale price

$640,000

General information

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Address
Primary address
507 East 5th Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05374-0083

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,282
Building dimensions
17 ft x 30 ft
Buildings on lot
1
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Sales
Sale date
05/28/2013
Sale price
$640,000
Tax
Tax year
2026-2027
Property tax
$7,442
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 5 Street (narrow)
Nearest wide street
Ocean Parkway
Distance to wide street
Lot dimensions
24 ft x 100 ft
Lot sq. ft.
2,400

Area overview

Walk score
84 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.66 Miles
Closest fire station
0.41 Miles

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

Ownership

Ownership information for 507 East 5th Street, Brooklyn, NY

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

Sales history for 507 East 5th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
05/28/2013 $640,000 XXXXX, XXXXX XXX XXXXX, XXXXX XXX XXXXX, XXXX XXXXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/28/2013 - R
05/28/2013 - D		 Mortgage
(2013060300960003)		 XXXXX XXXXX XXXX
06/28/2013 - R
05/28/2013 - D		 Deed
(2013060300960002)		 XXXXXXXXX XXXXXX XXXXX XXXXX
06/28/2013 - R
02/04/2013 - D		 Power of Attorney
(2013060300960001)		 XXXXXXXXXX XXXXXX XXXXXXXXXX XXXXXX
02/28/2007 - R
02/13/2007 - D		 Satisfaction of Mortgage
(2007022101980001)		 XXXXXXXXX XXXXXX XXXX
03/14/2007 - R
01/12/2007 - D		 Mortgage
(2007021100061002)		 XXXXXXXXX XXXXX XXXX XX XXXXXXX XX
03/14/2007 - R
01/12/2007 - D		 Power of Attorney
(2007021100061001)		 XXXXXXXXX XXXXX XXXXX XXXXX
08/22/2005 - R
07/12/2005 - D		 Satisfaction of Mortgage
(2005071501439001)		 XXX XXXXXXXX XXXXXXX XXXXXXXXXXXX
05/24/2005 - R
05/05/2005 - D		 Satisfaction of Mortgage
(2005051100234001)
05/17/2005 - R
04/05/2005 - D		 Mortgage
(2005050501595002)		 XXXXXXXXX XXXXX XXXX
03/21/2005 - R
01/18/2005 - D		 Deed
(2005022801949001)		 XXXXXX XXXXX XXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 507 East 5th Street, 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
$7,442
Municipal exemptions
Recent tax assessments
Market value
$1,606,000
Assessed value
$96,360

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 $1,464,000 $87,840 $37,216 19.843% $7,385 $7,385 +4.72%
2024/25 $1,196,000 $71,760 $35,110 20.085% $7,052 $7,052 +5.99%
2023/24 $1,441,000 $86,460 $33,125 20.085% $6,653 $6,653 +4.82%
2022/23 $1,349,000 $80,940 $31,252 20.309% $6,347 $6,347 +1.73%
2021/22 $1,203,000 $72,180 $31,252 19.963% $6,239 $6,239 -4.41%
2020/21 $1,160,000 $69,600 $31,013 21.045% $6,527 $6,527 +5.39%
2019/20 $1,112,000 $66,720 $29,258 21.167% $6,193 $6,193 +7.25%
2018/19 $1,137,000 $68,220 $27,604 20.919% $5,774 $5,774 +8.77%
2017/18 $721,000 $43,260 $26,043 20.385% $5,309 $5,309 +1.97%
2016/17 $727,000 $43,620 $26,043 19.991% $5,206 $5,206 +3.02%
Permits

Permit information for 507 East 5th Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.286
View subway map

Access the detailed traffic volume map for 507 East 5th Street, Brooklyn, NY 11218 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. 179 Kensington 5 Yes Public PK, K-5 668 0.14
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.14
Bnos Yerushalayim School NR No Private PK-12 1,156 0.25
Bnos Yerushalayim School NR No Private PK-12 1,156 0.25
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshiva Torah Vodaath NR No Private K-8 0 0.29
P.S. 889 4 No Public PK, K-5 386 0.36
P.S. 889 4 No Public PK, K-5 386 0.36
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.22
Bnos Yerushalayim School NR No Private PK-12 1,156 0.25
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.29
Yeshiva Torah Vodaath NR No Private K-8 0 0.29
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.30
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.31
Middle 890 7 No Public 6-8 301 0.36
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.25
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.26
Torah Vodaath High School NR No Private 9-12 0 0.29
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.30
Bonim Lamokom NR No Private 35 0.31

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 507 East 5th Street, Brooklyn, NY

369 E 9th St, Brooklyn 1656 42nd St, Brooklyn 815 McDonald Ave, Brooklyn 813 McDonald Ave, Brooklyn 554 E 4th St, Brooklyn 487 Ocean Pkwy, Brooklyn 551 E 3rd St, Brooklyn 502 Cortelyou Rd, Brooklyn 551 E 4th St, Brooklyn 909 Cortelyou Rd, Brooklyn 511 E 5th St, Brooklyn 546 E 4th St, Brooklyn 548 E 4th St, Brooklyn 544 E 4th St, Brooklyn 398 E 3rd St, Brooklyn 622 Avenue C, Brooklyn 340 E 9th St, Brooklyn 802 Church Ave, Brooklyn 549 E 4th St, Brooklyn

Nearby ZIP codes for 507 East 5th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 507 East 5th Street, Brooklyn, NY 11218?

The development at 507 East 5th Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 507 East 5th Street, Brooklyn, NY 11218?

507 East 5th Street, Brooklyn, NY 11218 has a total of 1,282 square feet.

When was 507 East 5th Street, Brooklyn, NY 11218 last sold and what was the sale price?

507 East 5th Street, Brooklyn, NY 11218 was last sold on 05/28/2013 for $640,000.

What is the assessed value of 507 East 5th Street, Brooklyn, NY 11218?

507 East 5th Street, Brooklyn, NY 11218 is currently assessed at $96,360.

What are the property taxes for 507 East 5th Street, Brooklyn, NY 11218?

The property taxes for 507 East 5th Street, Brooklyn, NY 11218 total $7,441.

How many residential units does this building have?

This building has 1 residential unit(s).

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