Retail building · Flatlands, Brooklyn
5200 Kings Highway
Brooklyn, NY 11234
5200 Kings Highway is a 1-floor retail building in Flatlands, Brooklyn, built in 2019, with about 90,000 square feet of retail space according to city records.
Also at 5132-5218 Kings Highway and 1477-1497 Utica Avenue.
- Retail space
- 90K SF
- Floors
- 1
- Year built
- 2019
- Zoning
- M1-1
No space at 5200 Kings Highway is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Flatlands and hear the moment a tenant posts a requirement there.
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Compared with its neighbors
How 5200 Kings Highway compares
Next to the 6 nearest large commercial buildings, all within a 10 minute walk, 5200 Kings Highway ranks 2nd of 7 by commercial floor area. Built in 2019, it is the newest of them. Its estimated property tax, about $9.54 a square foot of floor area before abatements, is above the neighbors' median of $7.23.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 5200 Kings Highway | 90K SF | 1 | 2019 | $9.54 |
| 1467 Utica Avenue | 68K SF | 2 | 1966 | Exempt |
| 1476 Utica Avenue | 100K SF | 1 | 1956 | $2.99 |
| 4900 Glenwood Road | 82K SF | 3 | 1927 | $8.24 |
| 4700 Glenwood Road | 85K SF | 3 | 1930 | $5.93 |
| 5601 Foster Avenue | 72K SF | 1 | 1990 | $7.23 |
| 1635 Albany Avenue | 50K SF | 1 | 2013 | $7.86 |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 5132-5218 Kings Highway; 1477-1497 Utica Avenue
- ZIP code
- 11234
- Building type
- Retail building (city class K1)
- Total floor area
- 90,405 SF
- Commercial floor area
- 90,405 SF
- Retail
- 90,405 SF
- Height
- 1 floor
- Year built
- 2019
- Lot area
- 97,189 SF
- Zoning district
- M1-1
- Built FAR
- 0.93
- Max commercial FAR
- 1
- Tax lot (BBL)
- 3079690009
Nearest subway
- Flatbush Av-Brooklyn College
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 6 storefronts at 5200 Kings Highway for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020.
- Storefronts registered for December 31, 2024
- 6
- Vacant that day
- 1
- Share vacant here
- 16.7%
- Share vacant across Flatlands
- 6.8%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 5200 Kings Highway? Listing it is free, and it is matched against every active requirement for retail space in Flatlands the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-05. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists PTMA 5200 KINGS HIGHWAY LLC as the owner of record. For tax year 2026/27 the city values 5200 Kings Highway at $17.7 million and assesses it at $7.95 million. After phase-ins and exemptions its taxable value is $7.95 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $862,579 a year before abatements, roughly $9.54 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- PTMA 5200 KINGS HIGHWAY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $17,670,000
- Land market value
- $3,843,000
- Assessed value
- $7,951,500
- Estimated yearly tax
- About $862,579
- Tax per SF of floor area
- About $9.54
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-05; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 5200 Kings Highway? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 5200 Kings Highway. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in February 2025 (construction, plumbing; filed cost estimate $37,000).
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 4
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- Cellar
Recent build-outs
New jobs by year
Build-outs across FlatlandsWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-05 (permits issued through 2026-10-02). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
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Questions about 5200 Kings Highway
How big is 5200 Kings Highway?
5200 Kings Highway has about 90,000 square feet of floor area in total, including 90,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 5200 Kings Highway built?
City records list 2019 as the year built. The building is 1 floor tall.
What other addresses does 5200 Kings Highway have?
City records list 5132-5218 Kings Highway and 1477-1497 Utica Avenue on the same tax lot (BBL 3079690009) as 5200 Kings Highway. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 5200 Kings Highway?
5200 Kings Highway is in ZIP code 11234, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 5200 Kings Highway, Brooklyn, NY 11234, in Flatlands.
What is the zoning at 5200 Kings Highway?
The lot is in the M1-1 zoning district. PLUTO lists a built floor area ratio (FAR) of 0.93 and a maximum commercial FAR of 1 for this lot.
What subway station is closest to 5200 Kings Highway?
The closest subway station to 5200 Kings Highway is Flatbush Av-Brooklyn College (the 2 and 5 trains), about 1.1 miles away in a straight line, roughly 21 minutes on foot. The MTA lists it as an accessible station. Walking times are straight-line estimates; the street route is longer.
Who owns 5200 Kings Highway?
The NYC Department of Finance's 2026/27 assessment roll lists PTMA 5200 KINGS HIGHWAY LLC as the owner of record of 5200 Kings Highway (BBL 3079690009). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at 5200 Kings Highway?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 5200 Kings Highway. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar, was first permitted in February 2025 (construction, plumbing; filed cost estimate $37,000). These are the Department of Buildings' DOB NOW work permits for tax lot 3079690009. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 5200 Kings Highway?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.95 million for 5200 Kings Highway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $862,579 a year, roughly $9.54 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3079690009 show the actual bill.
What is the assessed value of 5200 Kings Highway?
For tax year 2026/27, the NYC Department of Finance puts the market value of 5200 Kings Highway at $17.7 million ($3.84 million of it land) and its assessed value at $7.95 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 2% from 2022/23 ($17.3 million) to 2026/27.
Are there vacant storefronts at 5200 Kings Highway?
Owners registered 6 storefronts at 5200 Kings Highway for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there retail space for lease at 5200 Kings Highway?
No space at 5200 Kings Highway is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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Flatlands
Transit hubs in Flatlands
- B46 bus on Utica Av
- 2 5 at Flatbush Av-Brooklyn College
- Belt Parkway