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Land Registry · BK-0019 · New BK · Flatbush

5 Flatbush Avenue

Vacant lotZoning C2-6NASE: SLVR On the map

Estimated

$41M

Lot

88blk²

Estimated valueAssessment-based

$41M$41,400,000

Assessed total$69MModel vs assessed−40%Per block²$784,091

Baseassessed total$69M
TransitAtlantic Terminal Station 45 blk away (11s walk)+15%
Police stationNew A Police Department 51 blk+3%
ParkProgress Park 60 blk+5%
SchoolRoy H Man Junior High School 85 blk+2%
Statusvacant lot — land only−65%
Estimate$69M × (1 − 40%)$41M

Starts from the assessed total on file. Same model as the Land Registry app. How estimates work →

Lifecycle

TodayVacant lot

Owners & tenants

OwnerSilvernine Propertiescompany · current · 9 other records on fileNASE: SLVR

The record

Registry №: BK-0019
Lifecycle: Vacant lot
Borough: New BK
Neighborhood: Flatbush
Road: Flatbush Avenue
Zoning: C2-6 · Commercial
Lot: 88 blocks² (11 × 8)
Assessed total: $69,000,000
Owner on the record: Silvernine Properties
Coordinates: X -12 · Z 282
On file since: Sep 8, 2026
Last amended: Oct 7, 2026

Nearby in Flatbush

All of Flatbush →

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1200 Avenue N

1200 Avenue NBK-0051 · Flatbushdue 2026 · Elevator apartments · 6 fl

$68Mest. · $63M assessed

Under construction

Triangle Junction

Triangle JunctionBK-0002 · Flatbushbuilt 2024 · 3 fl

$67Mest. · $52M assessed