New York City  »  11217  »  Atlantic Ave  »  501 Atlantic Ave

501 Atlantic Avenue, Brooklyn, NY 11217 - Property report

Also known as: 501 B Atlantic Ave

Property image for 501 Atlantic Avenue, Brooklyn, NY 11217
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1915

Lot sq. ft.

2,392

General information

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Address
Primary address
501 Atlantic Avenue
Alternate address(es)
501 A Atlantic Ave
501 B Atlantic Ave
ZIP code
11217
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00179-0039

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
11,160
Building dimensions
29.75 ft x 80 ft
Buildings on lot
1
Stories
5
Year built
1915
Last altered
2014
Building material
Tax
Tax year
2026-2027
Property tax
$69,931
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
8
Residential sq. ft.
Commercial units
2
Retail sq. ft.
Lot
Lot dimensions
29.75 ft x 80 ft
Lot sq. ft.
2,392

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
2
Closest police station
0.48 Miles
Closest fire station
0.12 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 501 Atlantic Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 501 Atlantic Avenue, Brooklyn, NY 11217

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/29/2026 - R
06/22/2026 - D
Satisfaction of Mortgage
(2026062500325002)
XXX XXXXXXXX XXXXXXXXXX XXX XXXX XXXXX XXX
06/29/2026 - R
06/22/2026 - D
Satisfaction of Mortgage
(2026062500325001)
XXX XXXXXXXX XXXXXXXXXX XXX XXXXX XXXX
06/04/2026 - R Initial UCC1
(2026060200661001)
XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXX
06/02/2026 - R Initial UCC1
(2026052700772004)
XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXX
06/02/2026 - R
05/20/2026 - D
Termination of Assign of L&R
(2026052700772005)
XXXXXXXXXX XXXX X X XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX
06/02/2026 - R
05/20/2026 - D
Agreement
(2026052700772003)
XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXX
06/02/2026 - R
05/20/2026 - D
Mortgage
(2026052700772002)
XXX XXXXXXXX XXXXXX XXXXXXXXXX XXX XXXXXX XXXX
06/02/2026 - R
05/18/2026 - D
Assignment, Mortgage
(2026052700772001)
XXXXXXXXXX XXXX X X XXXXXX XXXX
01/04/2023 - R
12/19/2022 - D
Mortgage
(2023010300194002)
XXX XXXXXXXX XXXXXXXXXX XXX XXXX XXXXX XXX
01/04/2023 - R
12/19/2022 - D
Mortgage
(2023010300194001)
XXX XXXXXXXX XXXXXXXXXX XXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 501 Atlantic Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$69,931
Municipal exemptions
Recent tax assessments
Market value
$4,711,000
Assessed value
$2,119,950

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $3,949,000 $1,777,050 $520,943 12.439% $64,800 $64,800 +7.26%
2024/25 $3,705,000 $1,667,250 $483,296 12.5% $60,412 $60,412 +0.50%
2023/24 $3,377,000 $1,519,650 $480,818 12.502% $60,112 $60,112 +5.10%
2022/23 $4,221,000 $1,899,450 $466,231 12.267% $57,193 $57,193 +8.09%
2021/22 $3,377,000 $1,519,650 $432,453 12.235% $52,911 $52,911 +7.64%
2020/21 $3,715,000 $1,671,750 $400,725 12.267% $49,157 $49,157 +6.01%
2019/20 $3,405,600 $1,532,520 $371,766 12.473% $46,370 $46,370 -0.59%
2018/19 $2,838,000 $1,277,100 $369,860 12.612% $46,647 $46,647 +2.26%
2017/18 $2,479,000 $1,115,550 $358,639 12.719% $45,615 $45,615 +6.36%
2016/17 $2,317,000 $1,042,650 $332,656 12.892% $42,886 $42,886 +8.40%

Permit information for 501 Atlantic Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/17/2021 Alteration
06/17/2021 Alteration
06/16/2021 Alteration
06/11/2014 Alteration type 2
04/10/2008 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/24/2017 C-construction
01/06/2006 Ll6291-local law 62/91 - boilers
03/26/2002 Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Flatbush Ave & Livingston St at NW Corner
Station lines
2-3-4-5
Distance (miles)
0.162

Access the detailed traffic volume map for 501 Atlantic Avenue, Brooklyn, NY 11217 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 501 Atlantic Avenue, Brooklyn, NY 11217?

The development at 501 Atlantic Avenue, Brooklyn, NY 11217 was built in 1915.

What is the market value of 501 Atlantic Avenue, Brooklyn, NY 11217?

The current market value of 501 Atlantic Avenue, Brooklyn, NY 11217 is $4,711,000.

What is the total square footage of 501 Atlantic Avenue, Brooklyn, NY 11217?

501 Atlantic Avenue, Brooklyn, NY 11217 has a total of 11,160 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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