5508 18th Avenue, Brooklyn

Single family with store · built c. 1931 · Block 5490, Lot 39.

Building permits

Property taxes

Assessment
$129,000
2026–27 tax
$8,641
Market value (city estimate)
$2,150,000
Taxable value
$43,546
Assessed land
$13,980
Assessed improvements
$115,020

Zoning

R5: floor area ratio 1.50 built, 1.50 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

Recent sales

Open-market sales since 2016, from the Department of Finance’s sales files.

More construction in Borough Park

Every lot on block 5490

Umarelli: construction in New York City and Jersey City