2915 West 5 Street, Brooklyn, NY 11224

$340,000 Sold Aug 2026 · Unit 13A

$44,676,000 Assessed value

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Building

Building size491,050 sq ft
Building dimensions460 × 94 ft
Stories23
Basement / garden levelNo
Sq ft per floor21,350 sq ft
Year built1964

Lot

Lot dimensions696.25 × 296.93 ft
Lot area189,272 sq ft
FEMA flood zoneAE — high risk; flood insurance typically required with a mortgage

Details

Units528
ZoningR6
Building classD4
OwnershipCo-op building
Block / lotBlock 7274 / Lot 60

Floor Area Ratio (FAR)

Built FAR2.59
Max residential FAR2.43
Max facility FAR4.80

Taxes

Last recorded sale$340,000 (Aug 2026)
Assessed value$44,676,000
Tax class2
Annual property tax$2,404,002
Exemptions / abatementsTRUMP VILLAGE SECTION 3 INC
Rent regulatedCo-op

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About this property

2915 West 5 Street was built in 1964 — roughly 62 years old. This is a co-op building with 528 apartments — residents own shares in the corporation that owns the building, rather than their apartments outright. Apartments average about 930 sq ft (building area divided by apartment count — individual units vary). For property-tax purposes it falls under Class 2 (residential buildings with four or more units, condos and co-ops), taxed at 12.439% of a taxable value based on 45% of the city’s income-derived market value. The corporation pays one building-wide tax bill — about $2,404,002 per year — passed to residents through monthly maintenance in proportion to each apartment’s share allocation. A straight average works out to roughly $4,553 per apartment per year, though larger apartments carry more shares (and many primary residents get the co-op/condo abatement on top). The most recent recorded sale in the building was unit 13A, for $340,000 in Aug 2026.

The building already exceeds what current residential zoning would allow (2.59 built FAR vs. a residential maximum of 2.43) — typically a grandfathered or overbuilt structure that could not be rebuilt to this size under today’s rules. Those figures are for residential use — a community-facility use (a doctor’s office, clinic, or school) raises the ceiling to 4.80 FAR. It sits in FEMA flood zone AE — lenders typically require separate flood insurance here, and real storm exposure runs higher than the effective maps (last remapped citywide in 2007) suggest. This lot is associated with a co-op; individual apartments are owned as shares and taxed through the building.

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Data: NYC Department of Finance and Dept. of City Planning (PLUTO) via NYC Open Data. Figures are public records, may lag current bills, and can exclude abatements. Not financial advice.