128 5th Avenue, Brooklyn
Apartment building · 180 units · built 2023 · Block 943, Lot 240.
Building permits
- Alteration, filed Jul 2, 2026, estimated cost $1K, described as “Install exterior illuminated wall sign ( russian school of math)”
- Alteration, filed Jul 2, 2026, estimated cost $1K, described as “Install exterior illuminated wall sign ( russian school of math)”
- Alteration, filed May 29, 2026, estimated cost $446K, described as “Interior work as per plans filed in conjunction with DOB now pl and sp. No change to use, occupancy or egress.”
- Alteration, filed Mar 6, 2026, estimated cost $5K, described as “Erect accessory business wall sign for planet fitness, no change of use, egress, or occupancy.”
- Alteration, filed Jan 27, 2026, estimated cost $688K, described as “Proposed tenant layout only. Work to include new interior partitions, finishes and fixtures for a new fitness center. Plumbing, mechanical, sprinkler, and structural to be filed separate. No change to occupancy use or egress.”
- Alteration, filed Dec 23, 2025, estimated cost $895K, described as “Proposed tenant layout only. Work to include new interior partitions, finishes and fixtures for a new fitness center. Plumbing, mechanical, sprinkler, and structural to be filed separate. No change to occupancy use or egress.”
- Alteration, filed Aug 7, 2025, estimated cost $800, described as “Illuminated non-advertising accessory wall sign - wells fargo. No change of use, egress or occupancy.”
- Alteration, filed Aug 7, 2025, estimated cost $800, described as “Illuminated non-advertising accessory wall sign - in property lines - wells fargo. No change of use, egress or occupancy.”
- Alteration, filed Aug 5, 2025, estimated cost $2K, described as “Illuminated non-advertising accessory wall sign - cvs pharmacy. No change of use, egress or occupancy.”
- Alteration, filed Aug 5, 2025, estimated cost $1K, described as “Non-illuminated non-advertising accessory wall sign - in property lines - cvs pharmacy. No change of use, egress or occupancy.”
- Alteration, filed Aug 5, 2025, estimated cost $200, described as “Illuminated non-advertising double-face projecting accessory sign - cvs pharmacy. No change of use, egress or occupancy.”
- No Work, filed Jul 18, 2025
- Alteration, filed Jul 17, 2025, estimated cost $20K, described as “Sprinkler renovations. No change in use, egress, or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $351, described as “Erect illuminated D/F projecting non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $351, described as “Erect illuminated D/F projecting non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $3K, described as “Erect illuminated non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $3K, described as “Erect illuminated non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $3K, described as “Erect illuminated non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Jun 23, 2025, estimated cost $3K, described as “Erect illuminated non advertising sign on wall. No change of use,egress or occupancy.”
- Alteration, filed Apr 21, 2025, estimated cost $3K, described as “Installation of a temporary construction fence per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Mar 25, 2025, estimated cost $50K, described as “Lidl - filing herewith for the structural work related to the interior renovation of the existing space. There will be no change in egress, occupancy or use.”
- Alteration, filed Mar 24, 2025, estimated cost $1.5M, described as “Lidl - filing herewith for the interior renovation of the existing space. There will be no change in egress, occupancy or use.”
- Alteration, filed Mar 22, 2025, estimated cost $200K, described as “Lidl - filing herewith for the plumbing work related to the interior renovation of the existing space. There will be no change in egress, occupancy or use.”
- Alteration, filed Mar 22, 2025, estimated cost $50K, described as “Lidl - filing herewith for the sprinkler work related to the interior renovation of the existing space. There will be no change in egress, occupancy or use.”
- Alteration, filed Mar 22, 2025, estimated cost $1.2M, described as “Lidl - filing herewith for the mechanical work related to the interior renovation of the existing space. There will be no change in egress, occupancy or use.”
28 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $39,489,750
- 2026–27 tax
- $4,758,287
- Market value (city estimate)
- $87,755,000
- Taxable value
- $38,252,970
- Assessed land
- $3,780,450
- Assessed improvements
- $35,709,300
Zoning
R6A (part of the lot is R6B): floor area ratio 3.80 built, above the 3.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 24, 2020: $59,380,000, 49,148 sq ft ($1,208 per sq ft)
- Mar 24, 2017: $45,680,625
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 120 Fifth Avenue (City Planning P2016K0053): Completed, decided Sep 11, 2017. Department of Housing Preservation and Development seeks a minor change to the Baltic Street Urban Renewal Plan to lift a 40' height limitation in Section C.3.a with respect to Sites 3A, 3B, and 3C in order to facilitate new residential…
In the news
Paseo On Fifth Completes Construction At 50-55 Paseo Place in Park Slope, Brooklyn, New York YIMBY, Jun 21, 2026.