New York City » 11231 » Smith St » 500 Smith St

500 Smith Street, Brooklyn, NY 11231 - Property report

Also known as: 52-54 Garnet St

Property image for 500 Smith Street, Brooklyn, NY 11231

Property type

Predominant Retail with Other Uses (K4)

Year built

1901

Lot sq. ft.

1,600

Sale price

$2,500,000

General information

Address

Primary address

500 Smith Street

Alternate address(es)

52-54 Garnet St
54 1/2 Garnet St
500 Eileen C Dugan Blvd

ZIP code

11231

Neighborhood

Carroll Gardens

Borough

Brooklyn

Block & lot

00479-0022

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

4,800

Building dimensions

20 ft x 60 ft

Buildings on lot

Stories

Year built

1901

Building material

Sales

Sale date

09/10/2020

Sale price

$2,500,000

Tax

Tax year

2026-2027

Property tax

$28,867

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 80 ft

Lot sq. ft.

1,600

Area overview

Walk score

96 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.66 Miles

Closest fire station

0.14 Miles

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

Ownership

Ownership information for 500 Smith Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 500 Smith Street, Brooklyn, NY 11231

Sale date	Sale price	Buyer name	Seller name
09/10/2020	$2,500,000	XXXXX XXXXXX XXX	XXXXXXX, XXXXXX XXX XXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/02/2020 - R 09/10/2020 - D	Deed (2020091600670001)	XXXXXXX XXXXXX	XXXXX XXXXXX XXX
10/02/2020 - R 09/09/2020 - D	Assignment of Leases and Rents (2020091600670003)	XXXXX XXXXXX XXX	XXXXX XXXX
10/02/2020 - R 09/09/2020 - D	Mortgage (2020091600670002)	XXXXX XXXXXX XXX	XXXXX XXXX
08/25/2004 - R 03/24/2003 - D	Agreement (2003110700881002)	XXXXX XXXX	XXXX XXXXXXXX XXXXXXXXXXX
08/25/2004 - R 03/24/2003 - D	Mortgage (2003110700881001)	XXXXX XXXX
08/25/2004 - R 03/17/2003 - D	Assignment, Mortgage (2003110700881004)	XXXXXXX XXXXXXX XXXXXXXXX XXXX	XXXXXXX XXXXX XXXXXXX XX XXXXXXXXXX XX XXXXXXX
08/25/2004 - R 03/17/2003 - D	Assignment, Mortgage (2003110700881003)	XXXXXXXX XXXX XXXXXXXX XXXXX XXXXXXX XXX XXXXXXX X	XXXX XXXXXXXX XXXXXXXXXXX
12/06/1996 - R	UCC3 Amendment (3350005411835)	XXXXXXXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
02/10/1995 - R	Initial UCC1 (3220004638122)	XXXXXXXXXXX XXXXXX XXXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/24/1988 - R	Mortgage (3600001391060)	XXXXXXX XXXXXX	XXXXXX XXXXXXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 Smith Street, 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

$28,867

Municipal exemptions

Recent tax assessments

Market value

$1,024,000

Assessed value

$460,800

More about New York City Property Taxes

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	$904,000	$406,800	$199,082	10.848%	$21,596	$21,596	+40.47%
2024/25	$470,000	$211,500	$142,863	10.762%	$15,375	$15,375	+460.88%
2023/24	$1,540,000	$92,400	$13,648	20.085%	$2,741	$2,741	+4.66%
2022/23	$1,209,000	$72,540	$12,896	20.309%	$2,619	$2,619	+7.69%
2021/22	$1,104,000	$66,240	$12,182	19.963%	$2,432	$2,432	-5.14%
2020/21	$699,000	$41,940	$12,182	21.045%	$2,564	$2,564	+0.67%
2019/20	$608,000	$36,480	$12,031	21.167%	$2,547	$2,547	+7.04%
2018/19	$507,000	$30,420	$11,373	20.919%	$2,379	$2,379	+8.60%
2017/18	$473,000	$28,380	$10,747	20.385%	$2,191	$2,191	+7.95%
2016/17	$394,000	$23,640	$10,152	19.991%	$2,029	$2,029	+2.23%

Permits

Permit information for 500 Smith Street, Brooklyn, NY

Filing date	Job type	Job description
08/28/2026	Alteration	XXX XXXXXX XXX XXXXXXXXXX XXXXXX XXX XXXXXXXXXX #X XXX #X XXX #X XXX (X) XXXXXXXXXX XXXXX. XXXX, (X) XX-XXX XXXX XXX XXXXX, XXXXXXX (X) XX-XXX XXXXXXXXXXXXXX (X)XXX- XXX XXXXXXXXXX XXXXX XXX XXXXXXXXXX X XXX X. XXXXXXX (X) XX-XXX XX XXXXX XXXX XXXXXXXXXXX. XXXXXXX (X) X-XXXXX XXXXXX XXX (X) XXXXXXXXXXX. XXXXX XXXXXXXXX XX XXXXXXXX XX XXXXXXXXX XX XXXXX XXXX XXXXX XXXXXXX XXXXXX XXXXXXXXXX , XXXX X XXXXXX
07/14/2026	Alteration
12/21/2024	Alteration
12/15/2024	Alteration
01/19/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2025	Lblvio-low pressure boiler boiler required
	12/31/2009	Lblvio-low pressure boiler
	01/19/2007	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

0.2,AE

Hurricane evacuation zones

Subway & traffic

Closest station

Smith St & 9th St at NE Corner

Station lines

F-G-R

Distance (miles)

0.062

View subway map

Access the detailed traffic volume map for 500 Smith Street, Brooklyn, NY 11231 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

Neighbors for 500 Smith Street, Brooklyn, NY

508 Smith St, Brooklyn 201 Centre St, Brooklyn 30 Garnet St, Brooklyn 357 Hamilton Ave, Brooklyn 561 Court St, Brooklyn 36 Garnet St, Brooklyn 32 Garnet St, Brooklyn 545 Court St, Brooklyn 543 Court St, Brooklyn 195 Centre St, Brooklyn 34 Garnet St, Brooklyn 547 Court St, Brooklyn 203 Centre St, Brooklyn 375 Hamilton Ave, Brooklyn 504 Smith St, Brooklyn 205 Centre St, Brooklyn 527 Smith St, Brooklyn 539 Court St, Brooklyn 541 Court St, Brooklyn

Frequently asked questions

What is the year built for 500 Smith Street, Brooklyn, NY 11231?

The development at 500 Smith Street, Brooklyn, NY 11231 was built in 1901.

What is the market value of 500 Smith Street, Brooklyn, NY 11231?

The current market value of 500 Smith Street, Brooklyn, NY 11231 is $1,024,000.

What is the total square footage of 500 Smith Street, Brooklyn, NY 11231?

500 Smith Street, Brooklyn, NY 11231 has a total of 4,800 square feet.

What is the price per square foot for this property?

$520 per square foot is the price for 500 Smith Street, Brooklyn, NY 11231.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.