# 5502 18th Avenue, Brooklyn

Condominium · 1 unit · built c. 1931 · Block 5490, Lot 7501.

On Umarelli: https://umarelli.org/nyc/3054907501/5502-18-avenue

More construction in Borough Park: https://umarelli.org/nyc/brooklyn/borough-park.md

Every lot on block 5490: https://umarelli.org/nyc/brooklyn/5490.md

## Building permits

No building permits on file for this lot.

## Property taxes

- Assessment: $143,115
- 2026–27 tax: $8,309
- Market value (city estimate): $2,385,256
- Taxable value: $41,871
- Assessed land: $6,000
- Assessed improvements: $137,115
- Condo units with their own tax lots: 2

## Zoning

R5: floor area ratio 1.73 built, above the 1.50 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Mar 1, 2024: $1,100,000, Apt 1
- Nov 30, 2022: $760,000, Apt 1

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

## Flood zone

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

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology