Loading map

550 5 AVENUE COM

Brooklyn, NY 11215|BBL 3 - 1041 - 1001|Condominiums (RM)
Unit36,509sq ft
Units19
Stories3
Built1925
Annual Tax$337,370
Dimensions75 ft x 218 ft
Altered2002

Ownership

Owner (Unmasked)
ABRAHAM SUTTON
••••• ••••••••
Recorded Owner
501 ASSOCIATES LLC.
Sale Date
Aug 12, 2003
Sale Price
$3,675,000
Mortgage
$7,680,000
Mortgage Date
Dec 21, 2023
Lender
SANTANDER BANK NA

Contacts

ABRAHAM SUTTON
••••••••••
501 ASSOCIATES LLC

Tax Assessment

Estimated Market Value
$8,355,999
Assessed Value
$3,760,200
Market Value Exemption
$0
Transitional Assessed
$3,109,970
Transitional Exemption
$0
Taxable Assessed (2025/26)
$3,109,970
Annual Property Tax
$337,370
Year-over-Year
+6.77%

Condo Units (19)

  • COM$3,675,000
    Retail · Sold Aug 12, 2003
    Owner: 501 ASSOCIATES LLC.
  • A-1$1,199,000
    Residential Unit · Sold Apr 28, 2026
    Owner: SANCHEZ, MARK CHRISTOPHER
  • A-2$920,000
    Residential Unit · Sold Sep 21, 2021
    Owner: ALONSO, STEPHANIE NATALIA
  • A-3$905,000
    Residential Unit · Sold Aug 16, 2016
    Owner: YU, CHING
  • A-4$657,000
    Residential Unit · Sold Jan 19, 2017
    Owner: WARD, MICHAL
  • A-5$975,000
    Residential Unit · Sold Jan 17, 2020
    Owner: BRYANT, MALLORY
  • A-6$1,195,000
    Residential Unit · Sold Jul 14, 2025
    Owner: REGNE, ANASTASIA
  • A-7$1,100,000
    Residential Unit · Sold Nov 14, 2018
    Owner: VU, HOA DIEU
  • A-8$550,000
    Residential Unit · Sold Mar 7, 2019
    Owner: PARK, HONGYEOL
  • B-1$650,000
    Residential Unit · Sold Oct 10, 2012
    Owner: WATSON , DENISE M

About 550 5 AVENUE COM, Brooklyn, NY 11215

Access comprehensive NYC property records for 550 5 AVENUE COM, Brooklyn, NY 11215. This page provides detailed information from official New York City databases including building characteristics, ownership records, sales history, tax assessments, and contact information. All data is sourced from NYC Department of Finance, Department of City Planning (PLUTO), and ACRIS (Automated City Register Information System).

How many sq. ft. does 550 5 AVENUE COM, Brooklyn, NY 11215 have? This condominiums (rm) located at 550 5 AVENUE COM, Brooklyn, NY 11215 has 36,509 square feet (the building has a total of 56,353 square feet).

How many units does 550 5 AVENUE COM, Brooklyn, NY 11215 have? This property contains 19 residential units.

Who owns 550 5 AVENUE COM, Brooklyn, NY 11215 and what are the recent mortgage transactions? According to NYC ACRIS records, 550 5 AVENUE COM, Brooklyn, NY 11215 is owned by 501 ASSOCIATES LLC.. The property was last sold on Aug 12, 2003 for $3,675,000. The most recent mortgage recorded is $7,680,000 from Dec 21, 2023 with lender SANTANDER BANK NA.

What is the current market value and property tax for 550 5 AVENUE COM, Brooklyn, NY 11215? According to NYC Department of Finance records, 550 5 AVENUE COM, Brooklyn, NY 11215 has an estimated market value of $8,355,999 and an annual property tax of $337,370 for the 2025/26 tax year.

What are the alternative addresses for 550 5 AVENUE COM, Brooklyn, NY 11215? This property is also known by these addresses: 544 5 AVENUE, 546 5 AVENUE, 548 5 AVENUE, 191 15 STREET, 193 15 STREET and 9 more. Alternative addresses are common for NYC properties with multiple entrances or corner locations.