NOT LISTED FOR SALE

108 5th Ave Brooklyn, NY 11217

Park Slope Neighborhood

Estimated Value: $3,400,551

0.05 Acres
$68,011,020 Price per Acre
2,333 Sq Ft Lot

Sale Details

Date Sold: December 9, 2025

Last sale price $3,391,000

Current estimated payment $20,154 / mo

316 Days on Market

About This Lot

As of December 2025

The commercial land for sale in downtown Brooklyn presents an excellent opportunity for builders. The vacant lot, with dimensions of 25x93.33 and zoned R6A, C1-4, offers 2333 sq. ft. of space. Additionally, it has the potential to accommodate a structure of 7000 sqft above ground along with a 2333 sqft basement. Its prime location close to the Barclays Center further adds to its appeal for potential development.

Last Agent to Sell the Property

Sau Lam Chan

Royalux Realty LLC Brokerage Phone: 917-257-6112 License #10401215601 Listed on: 06/25/2024

Last Buyer's Agent

Unrepresented Buyer

Buyer Representation Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,274

Lot Details

  • 2,333 Sq Ft Lot
  • Lot Dimensions are 25x93.33
  • Cleared Lot
  • Property is zoned Comm

Schools

  • Middle School 266 Park Place Community Middle School
  • Brooklyn Tech High School

Listing and Financial Details

  • Legal Lot and Block 46 / 937
  • Assessor Parcel Number 00937-0046

Property Details

Property Type

Land

Est. Annual Taxes

$12,274

Lot Details

2,333 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: 917-257-6112
  • CurrentPrice: 3391000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.97990
  • ListPrice_By_LotSizeAcres: 78000000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Sewer: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Middle School: Ms 266 Park Place Community Ms

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 25x93.33
  • Lot Size Sq Ft: 2333
  • Lot Features: Cleared
  • Parcel Number: 00937-0046
  • Additional Parcels: No
  • Zoning: Comm

Tax Info

  • Tax Annual Amount: 12274
  • Tax Block: 937
  • Tax Lot: 46

MLS Schools

  • High School: Brooklyn Tech High School
  • Middle School District: Brooklyn 13

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Nov 21, 2025
Sold by
Bought by
Seller's Agent
Sau Lam Chan
Royalux Realty LLC
Buyer's Agent
Unrepresented Buyer
Buyer Representation Office
List Price
$3,980,000
Sold Price
$3,391,000
Premium/Discount to List
-$589,000
-14.8%
Views
63
Current Estimated Value
$3,400,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,551
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Aug 20, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,221,600
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,391,000 --
-- --
-- --
-- --
$1,527,000 --
$1,527,000 --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,221,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Sold $3,391,000 -13.1% --
05/08/2025 05/08/25 Pending -- -- --
10/11/2024 10/11/24 Price Changed $3,900,000 -2.0% --
06/25/2024 06/25/24 For Sale $3,980,000 -- --
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $21,444 $350,100 $350,100 --
2025 $16,797 $310,050 $310,050 --
2024 $16,797 $238,500 $238,500 $0
2023 $13,778 $183,600 $183,600 $0
2022 $12,274 $141,300 $141,300 $0
2021 $12,050 $122,850 $122,850 $0
2020 $11,405 $106,650 $106,650 $0
2019 $9,746 $92,700 $92,700 $0
2018 $11,261 $107,100 $107,100 $0
2017 $12,900 $134,100 $134,100 $0
2016 $12,669 $128,700 $128,700 $0
2015 $8,115 $120,150 $120,150 $0
2014 $8,115 $110,250 $110,250 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sau Lam Chan

    Royalux Realty LLC

    (718) 886-6800

    1 in this area

    28 Total Sales

    Sau Lam Chan
    Section Image

  • U

    Buyer's Agent in 2025

    Unrepresented Buyer

    Buyer Representation Office

    1 in this area

    1,760 Total Sales

    Unrepresented Buyer
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3561549

OneKey® MLS

APN: 00937-0046

New York Kings County Brooklyn 11215 Park Slope

108 5th Ave, Brooklyn, NY

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Copyright 2026 OneKey® MLS. All rights reserved.
Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID

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