445 5th Avenue, Brooklyn
Condominium · 754 units · built c. 1920 · Block 1011, Lot 7502.
Building permits
- Alteration, filed May 22, 2026, estimated cost $4K, described as “Illuminated non-advertising accessory wall sign - panda express. No change of use, egress or occupancy.”
- Alteration, filed Apr 7, 2026, estimated cost $600, described as “Install exterior illuminated wall sign (chipotle) for tenant at 459 5 ave.”
- Alteration, filed Apr 7, 2026, estimated cost $600, described as “Install exterior illuminated wall sign (chipotle) for tenant at 459 5 ave.”
- Alteration, filed Mar 29, 2026, estimated cost $800, described as “Non-illuminated non-advertising accessory wall sign - veterinary eye center. No change of use, egress or occupancy.”
- Alteration, filed Mar 29, 2026, estimated cost $1K, described as “Non-illuminated non-advertising accessory wall sign - prism veterinary dentistry. No change of use, egress or occupancy.”
- Alteration, filed Dec 2, 2025, estimated cost $220K, described as “Hereby filing interior fit out within an existing building for a fast casual resturant. No change to use occupany or egress. (tenant building out - 449 5th ave - in conjunction with alt-co B00668652-I1)”
- Alteration, filed Nov 6, 2025, estimated cost $50K, described as “Filing herewith structural work as per plans filed herewith. No change to use, egress or occupancy. (tenant building out -451 5th Ave - In Conjunction with ALT-CO B00668652-I1).”
- Alteration, filed Oct 8, 2025, estimated cost $49K, described as “Filing herewith sprinkler work as per plans filed herewith. No change to use, egress or occupancy. (tenant building out - 451 5th Ave - In Conjunction with ALT-CO B00668652-I1)”
- Alteration, filed Oct 3, 2025, estimated cost $1.2M, described as “Filing herewith interior renovation as per plans filed herewith. No change to use, egress or occupancy. (Tenant building out - 451 5th Ave - In Conjunction with ALT-CO B00668652-I1.)”
- Alteration, filed Aug 20, 2025, described as “Installation of temporary supported scaffold 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 Jul 28, 2025, estimated cost $515K, described as “Interior alt of existing com. space to create new Panda Express Restaurant. Includes new interior partitions, finishes, HVAC. Fire suppression under separate app. installation of type 1 hood & kitchen exhaust at 1st fl. (Commercial B-449…”
- Alteration, filed Nov 27, 2023, estimated cost $3K, described as “MPP filing for temporary construction equipment, Mechanical Demolition Equipment, chute and roof protection”
- Alteration, filed Sep 12, 2023, estimated cost $10K, described as “Installation of 300 psf sidewalk shed, overhead protection, pipe scaffolding, needle beams and roof of protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this…”
- Alteration, filed May 26, 2023, estimated cost $500K, described as “Filing for partial interior and exterior demoliotn of existing building with hand and mechanical demolition as per plans,”
- Major Renovation — Enlargement, filed Mar 2, 2022, estimated cost $20.0M, 30 units added, 6 stories, described as “Vertical enlargement of an existing three story and cellar commercial building. Proposed mixed use 6 (six) story building with residential and commercial uses. Building complies with AC 28-101.4.5”
Property taxes
- Assessment
- $8,481,599
- 2026–27 tax
- $989,321
- Market value (city estimate)
- $18,847,999
- Taxable value
- $8,373,931
- Assessed land
- $566,547
- Assessed improvements
- $7,915,052
- Condo units with their own tax lots
- 94
Zoning
C4-3A: floor area ratio 131.84 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
- Aug 11, 2026: $10,000, Apt S6
- Jul 16, 2026: $111,540, Apt P18
- Jun 26, 2026: $1,875,000, Apt S1, sold with other lots
- Jun 25, 2026: $1,830,000, Apt S8, sold with other lots
- Jun 25, 2026: $21,500, Apt S25
- Jun 18, 2026: $998,000, Apt 3H
- Jun 12, 2026: $2,300,000, Apt S12, sold with other lots
- Jun 3, 2026: $2,800,000, Apt S3, sold with other lots
- May 4, 2026: $1,560,000, Apt S18, sold with other lots
- Apr 24, 2026: $1,920,000, Apt S28, sold with other lots
The 10 most recent of 26 open-market sales since 2016, from the Department of Finance’s sales files.
In the news
The Slope on Fifth Nears Completion at 445 5th Avenue in Park Slope, Brooklyn, New York YIMBY, Aug 18, 2025.