5002 2nd Ave, Brooklyn, NY 11232 Property Records

New York City property record for 5002 2nd Ave, Brooklyn, NY 11232

Property Summary

Property Type	Warehouse, Storage
Details	139,264 sqft · built 2017
Lot Size	0.951 acres (41,403 sqft)
Owner	Company Name on File
Last Sale	$48,786,000 (Feb 2020)
Tax Bill	$776,103 (2025)
Deeds & Mortgages	Feb 2020 Sale Jul 2017 Loan Modification + 1 more
APN	`00788-0032`

Property Details

APN / Parcel Number

Primary APN	`00788-0032`
Alternative APNs	`0306007880032` `3-00788-0032`

Interior

Units	2 Units
Stories	3 Stories
Building Area	139,264 sqft Gross Area
1st Floor Area	29,250 sqft
Office	750 sqft

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Lot Area	41,403 sqft (0.951 acres)
Lot Dimensions	206 ft deep x 200 ft wide
View / Lot	Corner

Location & Zoning

Account Number	3-00788-0032
Street Address	5002 2ND AVE
City	BROOKLYN
State	NY
Zip	11232-4320
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Local Zoning Code	M3-1
Legal Block	788
Legal Lot Number	32
Jurisdiction	KINGS (BROOKLYN) NY
Township / Civil Division	BROOKLYN
Census Block Group	1
Census Block	1010
Census Tract	1803

Owner

5002 2nd Ave, an industrial property, is owned by a company that bought it in February 2020.

Source: New York City records, as of May 4, 2026

Owner of Record	Company Name on File
Mailing Address	701 WESTERN AVE, GLENDALE, CA 91201-2349
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Feb 26, 2020	Grant Deed, Transfer LEX TERRAE LTD.
Jul 12, 2017	Loan Modification, Consolidation and Extension, Mortgage · Line of Credit CITIZENS BK
Jun 6, 2017	Quit Claim Deed, Construction Loan · Line of Credit CITIZENS BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 26, 2020 · Amount on File
Deed Sale	Feb 26, 2020 · Amount on File
Deed Document Number	202074776
Record Updated	Jun 8, 2026

February 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	KINGS (BROOKLYN) NY
Recording Date	Feb 26, 2020
Property Address	5002 2ND AVE # 5012, 5012, BROOKLYN, NY 11232-4320
Document Number	0000074776
Instrument Date	Feb 20, 2020
Instrument	74776
Transaction Type	Transfer
Record Updated	Mar 17, 2020
Title Company	LEX TERRAE LTD.

Transaction

Amount	Amount on Record
Tax	$195,144.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	701 WESTERN AVE GLENDALE CA 912012349, GLENDALE, CA 91201-2349

July 2017: Loan Modification, Consolidation and Extension, Mortgage

Document Type	Loan Modification, Consolidation and Extension
Jurisdiction	KINGS (BROOKLYN) NY
Recording Date	Jul 12, 2017
Property Address	5002 2ND AVE # 5012, 5012, BROOKLYN, NY 11232-4320
Instrument Date	Jun 29, 2017
Instrument	255702
Transaction Type	Mortgage
Record Updated	Jan 14, 2020
Title Company	STEWART TITLE, STEWART TITLE INSURANCE COMPANY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	500 SKOKIE BLVD #600 NORTHBROOK IL 600622831, 600, NORTHBROOK, IL 60062-2831

Mortgage

Document Number	0000255702
Date	Jul 12, 2017
Instrument	255702

Lender

Name	CITIZENS BK
Type	Bank
Address	71 S WACKER DR M/C IH2915, CHICAGO, IL 60606

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

June 2017: Quit Claim Deed, Construction Loan

Document Type	Quit Claim Deed
Jurisdiction	KINGS (BROOKLYN) NY
Recording Date	Jun 6, 2017
Property Address	5002 2ND AVE # 5012, 5012, BROOKLYN, NY 11232-4320
Document Number	0000208547
Instrument Date	Jun 1, 2017
Instrument	208547
Transaction Type	Construction Loan
Record Updated	Aug 14, 2017
Title Company	STEWART TITLE, STEWART TITLE INSURANCE COMPANY

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	500 SKOKIE BLVD #600 NORTHBROOK IL 600622831, 600, NORTHBROOK, IL 60062-2831

Mortgage

Document Number	255701
Date	Jun 6, 2017
Instrument	255701

Lender

Name	CITIZENS BK
Type	Bank
Address	71 S WACKER DR M/C IH2915, CHICAGO, IL 60606

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	255704,
Date	Jun 6, 2017
Instrument	255704

Lender

Name	CITIZENS BK
Type	Bank
Address	71 S WACKER DR M/C IH2915, CHICAGO, IL 60606

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 5002 2nd Ave was $776,103, up 3.1% from the year before.

Source: New York City assessment roll, as of May 4, 2026

Property Jurisdictions

Type	Name
State	New York
County	Kings County
Municipality	New York City
Unified School District	New York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$11,437,200 (+57.62%) Land $745,200 Building $10,692,000	$25,416,000 (+57.62%) Land $1,656,000 Building $23,760,000
2025	$776,103.00 (+3.06%)	$7,256,250 Land $745,200 Building $6,511,050	$16,125,000 Land $1,656,000 Building $14,469,000
2024	$753,091.00 (-0.48%)
2023	$756,713.00	$7,585,650 Land $745,200 Building $6,840,450	$16,857,000 Land $1,656,000 Building $15,201,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 5002 2nd Ave; 16 flood insurance policies are in force nearby.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Flood Insurance Cost	Premium on File median of 16 policies
Nearby Flood Policies	16 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 5002 2nd Ave has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEW YORK CITY SYSTEM serves 8,271,000 people · EPA ID NY7003493
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	10 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Uncovered finished water reservoir currently in violation since Feb 2017
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,210 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20

May also be available: Optimum, Skywire Networks.

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