5120 AVENUE U
BBL 3084700055 · Class K6 · Built 1970 · 2 floors · 127 units · MACY'S MALL REAL ESTATE, LLC
5120 AVENUE U is a property in New York City zoned M3-1. The M3-1 classification is Manufacturing M3-1. The structure was built in 1970. It has 2 floors. The building contains 2,401,524 square feet. Assessed value is $146,287,350. Last sold for $276,947,000 in December 2012. Located in Council District 46.
You can build 1.8M sf as-of-right. The lot uses 133% of it today.
Governing use: commercial at FAR 2.00 on a 905,000 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
16 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jul 30, 2020 | DEED | — | MACY'S RETAIL HOLDINGS, LLC→MACY'S MALL REAL ESTATE, LLC |
| Dec 7, 2012 | DEED | $276,947,000 | KINGS PARKING LLC→BROOKLYN KINGS PLAZA LLC |
| Jul 31, 1998 | DEED | — | ALEXANDER'S OF BROOKLYN INC→ALEXANDER,S KINGS PLAZA CENTER INC |
| Jul 31, 1998 | DEED | — | ALEXANDER'S DEPARTMENT STORES OF BROOKLYN INC→ALEXANDER'S KINGS PLAZA CENTER INC |
| Jul 6, 1998 | DEED | — | KINGS PLAZA SHOPPINGCENTER OF AVENUE U INC→ALEXANDER'S DEPARTMENT STORES OF BROOKLYN INC |
| Jan 9, 1998 | DEED | — | ALEXANDER'S OF BROOKLYN, INC.→SEARS, ROEBUCK AND CO. |
| Mar 6, 1996 | DEED | — | MACY'S NORTHEAST INC→MACY'S KING PLAZA REAL ESTATE INC |
| Apr 14, 1995 | DEED | — | ALEXANDER'S INC→ALEXANDER'S OF BROOKLYN INC |
| Mar 14, 1995 | DEED | — | ALEXANDER'S DEPT STORES OF BKLYN INC→ALEXANDER'S INC |
| Sep 16, 1976 | DEED | — | FINANCE ADMIN OF THE CITY OF NY→THE CITY OF NEW YORK |
| Aug 2, 1976 | DEED | — | RH MACY & CO INC→GERMONDS PROPERTIES CORP |
| Jun 27, 1973 | DEED | — | FLATBROOK PROPERTIES CORP→RH MACY & CO INC |
| Aug 2, 1968 | DEED | — | FLATBROOK PROPERTIES CORP→KINGS PLAZA SHOPPING CENTER OF FLATBUSH AVENUE INC |
| Aug 2, 1968 | DEED | — | THE KDM PROPERTIES CORP→KINGS PLAZA SHOPPING CENTER OF FLATBUSH AVE INC |
| Aug 2, 1968 | DEED | — | KINGS PLAZA SHOPPING CENTER OF FLATBUSH AVE INC→KINGS PLAZA SHOPPING CENTER OF AVE U INC |
| May 26, 1966 | DEED | — | KDM PROPERTIES CORP→FLATBROOK PROPERTIES CORP |