Office building · Borough Park, Brooklyn
5402 Fort Hamilton Parkway
Brooklyn, NY 11219
5402 Fort Hamilton Parkway is a 7-floor office building in Borough Park, Brooklyn, with about 64,000 square feet of office space according to city records.
Also at 1002-1006 54th Street and 5402-5410 Fort Hamilton Parkway.
- Office space
- 64K SF
- Floors
- 7
- Year built
- n/a
- Zoning
- R6
The 2nd largest of the 5 office buildings we track in Borough Park. Compare it with 6 neighbors
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Compared with its neighbors
How 5402 Fort Hamilton Parkway compares
Next to the 6 nearest large commercial buildings, all within a 20 minute walk, 5402 Fort Hamilton Parkway ranks 5th of 7 by commercial floor area. Its estimated property tax, about $17.35 a square foot of floor area before abatements, is above the neighbors' median of $6.64.
| Building | Commercial space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 5402 Fort Hamilton Parkway | 64K SF | 7 | n/a | $17.35 |
| 1260 60th Street | 204K SF | 2 | 1987 | $3.87 |
| 714 39th Street | 50K SF | 5 | 2023 | $7.88 |
| 1547 60th Street | 56K SF | n/a | 2025 | $4.94 |
| 1312 38th Street | 65K SF | 5 | 2004 | Exempt |
| 1454 39th Street | 107K SF | 343 | 2022 | $6.64 |
| 1320 37th Street | 125K SF | 5 | 2016 | $7.77 |
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 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 1002-1006 54th Street; 5402-5410 Fort Hamilton Parkway
- ZIP code
- 11219
- Building type
- Office building (city class O3)
- Total floor area
- 63,521 SF
- Commercial floor area
- 63,521 SF
- Office
- 63,521 SF
- Height
- 7 floors
- Average floor
- About 9,100 SF (floor area divided by floors)
- Lot area
- 11,244 SF
- Zoning district
- R6
- Built FAR
- 5.65
- Tax lot (BBL)
- 3056730042
Nearest subway
- 50 St
- Fort Hamilton Pkwy
- 55 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists FT 5402 LLC as the owner of record. For tax year 2026/27 the city values 5402 Fort Hamilton Parkway at $23.1 million and assesses it at $10.4 million. After phase-ins and exemptions its taxable value is $10.2 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 $1.1 million a year before abatements, roughly $17.35 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
- FT 5402 LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $23,126,000
- Land market value
- $320,000
- Assessed value
- $10,406,700
- Taxable value (phased in)
- $10,159,920
- Estimated yearly tax
- About $1.1 million
- Tax per SF of floor area
- About $17.35
City market value by tax year
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How to find who owns any NYC buildingSource: 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 2026-10-16; 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 5402 Fort Hamilton Parkway? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 5402 Fort Hamilton Parkway in the 12 months to October 2026; the last one was first permitted in July 2024.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- July 2024
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Borough ParkWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
No office space listed in Borough Park yet
The closest real space on Leasemark is below. Own or broker space at 5402 Fort Hamilton Parkway? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Real space close by
Listed now by its owner or broker. Open it and tap I'm interested to ask the lister for an intro; contact details are shared once both sides accept.
Next door, in Midwood
866 East 29 Street Brooklyn Ny 11210
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Questions about 5402 Fort Hamilton Parkway
How big is 5402 Fort Hamilton Parkway?
5402 Fort Hamilton Parkway has about 64,000 square feet of floor area in total, including 64,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
What other addresses does 5402 Fort Hamilton Parkway have?
City records list 1002-1006 54th Street and 5402-5410 Fort Hamilton Parkway on the same tax lot (BBL 3056730042) as 5402 Fort Hamilton Parkway. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 5402 Fort Hamilton Parkway?
5402 Fort Hamilton Parkway is in ZIP code 11219, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 5402 Fort Hamilton Parkway, Brooklyn, NY 11219, in Borough Park.
What is the zoning at 5402 Fort Hamilton Parkway?
The lot is in the R6 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.65 for this lot.
What subway station is closest to 5402 Fort Hamilton Parkway?
The closest subway station to 5402 Fort Hamilton Parkway is 50 St (the D train), about 0.4 miles away in a straight line, roughly 7 minutes on foot. Also nearby: Fort Hamilton Pkwy (the N train), 7 min walk; 55 St (the D train), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 5402 Fort Hamilton Parkway?
The NYC Department of Finance's 2026/27 assessment roll lists FT 5402 LLC as the owner of record of 5402 Fort Hamilton Parkway (BBL 3056730042). 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 5402 Fort Hamilton Parkway?
The Department of Buildings issued no permits for new jobs at 5402 Fort Hamilton Parkway in the 12 months to October 2026; the last one was first permitted in July 2024. These are the Department of Buildings' DOB NOW work permits for tax lot 3056730042. 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 5402 Fort Hamilton Parkway?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $10.2 million for 5402 Fort Hamilton Parkway. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.1 million a year, roughly $17.35 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 3056730042 show the actual bill.
What is the assessed value of 5402 Fort Hamilton Parkway?
For tax year 2026/27, the NYC Department of Finance puts the market value of 5402 Fort Hamilton Parkway at $23.1 million ($320,000 of it land) and its assessed value at $10.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 4629% from 2022/23 ($489,000) to 2026/27.
Is there office space for lease at 5402 Fort Hamilton Parkway?
No space at 5402 Fort Hamilton Parkway is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 866 East 29 Street Brooklyn Ny 11210 in Midwood (16,000 SF, $35/SF/yr). 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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Borough Park
Transit hubs in Borough Park
- D at 50 St
- D at 55 St
- D at Fort Hamilton Pkwy