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5011 Ave North

5011 Ave North, Brooklyn, NY 11234
Property in Flatlands
5011 Ave North in Brooklyn, NY was first built in 1931 and is 93 years old. This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 200 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,000 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5011 Ave North sold most recently in Sep 30, 2016 for a total of $537,000. If you work out the math, that's approximately a cost of $244.09 per sqft. Before that, the property was also sold for $430,000 in Aug 10, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,019 in taxes each year. 5011 Ave North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,780. If we break it down further, the land itself was valued at $15,180. Improvements to the property, however, were assessed at a total of $27,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

No Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230503
05/03/2023
4 Bed
1 Bath
-
$1,090,000
bedrooms
4 Bed
bathrooms
1 Bath
-
-
-
Kelly Wu
REMAX EDGE
20221029
10/29/2022
Loft
-
2200 ft²
$85,000
bedrooms
Loft
bathrooms
-
square feet
2200 ft²
-
-
-
Ali Tom
Century 21 Block & Lot R.E

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,200
  • Gross Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.046
  • Standard Land Use Code: Commercial/office/residential (mixed use)

Ownership

  • Current Owner : 5011 AVENUE N LLC
  • Previous Owner : LAVORO REALTY INC
  • Owner Before Previous Owner: SANTARPIA FRANK
  • Owner Before Previous Owner 2: SANTARPIA ROBERT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BROOKLYN
  • Census Tract: 068000

Zoning

  • Zoning: R3-2

Geography

  • Account Number: 3-07875-0006
  • District: 18
  • Section: 2310
  • Parcel: 07875-0006
  • Block: 7875
  • Lot: 6
  • Municipality: OLD MILL BASIN
  • Latitude: 40.6192
  • Longitude: -73.9264

    Address

  • Full Address: 5011 Avenue N
  • Address - House Number: 5011
  • Street Segment Direction: N
  • Address - Street Name: Avenue
  • State: NY
  • City Name: Brooklyn
  • Carrier Code: C039
  • 4-Digit Zip Code: 3805
  • Zip Code: 11234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: FLUSHING BANK
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $330,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 19, 2046

    Market Valuation

  • Market Total Value: $713,000
  • Market Land Value: $253,000
  • Market Improvement Value: $460,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,780
  • Assessed Land Value: $15,180
  • Assessed Improvements Value: $27,600

    Sales

  • Current Sale Contract Date: Sep 30, 2016
  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Transaction ID: 1805327012
  • Current Sale Price: $537,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016000368262
  • Previous Sale Recording Date: Sep 27, 2005
  • Previous Sale Contract Date: Aug 10, 2005
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLUSHING BANK
  • First Mortgage Transaction Date: Oct 19, 2016
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Transaction Date: Sep 27, 2005
  • Previous Mortgage Loan Amount: $322,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Southeastern Brooklyn



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Frequently Asked Questions

What neighborhood is 5011 Ave North located in?
The 5011 Ave North is a located in the neighborhood of Flatlands in Southeastern Brooklyn, Brooklyn.
What is the average sales price for listings in 5011 Ave North?
The average sales price for units in 5011 Ave North is $0 currently.

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