Kings  »  11215  »  3rd St  »  502 3rd St

502 3rd Street, Brooklyn, NY 11215 - Property report

Also known as: 502 3rd St

Property image for 502 3rd Street, Brooklyn, NY 11215
static Mapbox map

Property type

Five to Six Families (C2)

Year built

1920

Lot sq. ft.

1,980

Sale price

$1,275,000

General information

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Address
Primary address
502 3rd Street
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
00983-0038

Owner

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Building
Property type
Five to Six Families (C2)
Building sq. ft.
4,400
Building dimensions
22 ft x 50 ft
Buildings on lot
1
Stories
4
Year built
1920
Building material
Sales
Sale date
04/13/2004
Sale price
$1,275,000
Tax
Tax year
2026-2027
Property tax
$22,248
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
5
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
22 ft x 90 ft
Lot sq. ft.
1,980

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.75 Miles
Closest fire station
0.30 Miles

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

Ownership information for 502 3rd Street, Brooklyn, NY

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

Sales history for 502 3rd Street, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
04/13/2004 $1,275,000 XXXXXXX, XXXXXX X XXX XXXXXXX, XXXX X XXXXXXXX XX XXXXXXXXXXXXXX, XXXXXXXXX XXX XXXXXXXXXX, XXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/24/2026 - R
06/05/2026 - D
Deed
(2026061800396001)
XXXXXXX XXXX X XXX XXXX X XXXXXXX XXXXXX XXX
11/05/2014 - R
10/07/2014 - D
Satisfaction of Mortgage
(2014100800081001)
XXXXXXX XXXX X XXXXXXXX XXXXX XXXX X X
01/31/2006 - R
04/13/2004 - D
Mortgage
(2006012501209001)
XXXXXXX XXXX X XXXXXXXX XXXXX XXXX
08/12/2004 - R
04/13/2004 - D
Mortgage
(2004041400388002)
XXXXXXX XXXXXX X XX XXXXXX XXXXX XXXX
08/12/2004 - R
04/13/2004 - D
Deed
(2004041400388001)
XXXXXXXX XX XXXXXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXX X
08/12/2004 - R
03/29/2004 - D
Release of Estate Tax Lien
(2004041400388003)
XXXXXXXXXX XXXXXXXXX
05/18/1993 - R Satisfaction of Mortgage
(3770001773077)
XXXXXXXXXX XXXXXXXXX XXXXXX XXXXXX
08/16/1988 - R Mortgage
(3300001388930)
XXXXXXXXXX XXXXXXXXX XXXXXX XXXXXX
08/16/1988 - R Power of Attorney
(3280001388928)
XXXXXX XXXXXX XXXXXXX XXXXXX
08/16/1988 - R Satisfaction of Mortgage
(3240001389124)
XXXXXXX XXXXXXXXX XXXXX XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 502 3rd 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
$22,248
Municipal exemptions
Recent tax assessments
Market value
$2,146,000
Assessed value
$965,700

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 $2,683,000 $1,207,350 $174,375 12.439% $21,975 $21,691 +0.15%
2024/25 $2,578,000 $1,160,100 $173,262 12.5% $21,927 $21,658 +8.20%
2023/24 $2,191,000 $985,950 $160,101 12.502% $20,306 $20,016 +10.21%
2022/23 $2,081,000 $936,450 $148,046 12.267% $18,454 $18,161 +8.47%
2021/22 $2,291,000 $1,030,950 $136,838 12.235% $17,043 $16,742 +2.23%
2020/21 $2,231,000 $1,003,950 $133,506 12.267% $16,670 $16,377 -0.98%
2019/20 $1,858,800 $836,460 $132,602 12.473% $16,830 $16,539 +7.06%
2018/19 $1,549,000 $697,050 $122,489 12.612% $15,757 $15,448 +7.07%
2017/18 $1,333,000 $599,850 $113,440 12.719% $14,718 $14,428 +6.80%
2016/17 $1,215,000 $546,750 $104,792 12.892% $13,814 $13,510 +2.62%

Permit information for 502 3rd Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
7th Ave & 9th St at NE Corner
Station lines
F
Distance (miles)
0.267

Access the detailed traffic volume map for 502 3rd Street, Brooklyn, NY 11215 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 502 3rd Street, Brooklyn, NY 11215?

The development at 502 3rd Street, Brooklyn, NY 11215 was built in 1920.

What is the total square footage of 502 3rd Street, Brooklyn, NY 11215?

502 3rd Street, Brooklyn, NY 11215 has a total of 4,400 square feet.

When was 502 3rd Street, Brooklyn, NY 11215 last sold and what was the sale price?

502 3rd Street, Brooklyn, NY 11215 was last sold on 04/13/2004 for $1,275,000.

What is the assessed value of 502 3rd Street, Brooklyn, NY 11215?

502 3rd Street, Brooklyn, NY 11215 is currently assessed at $965,700.

What are the property taxes for 502 3rd Street, Brooklyn, NY 11215?

The property taxes for 502 3rd Street, Brooklyn, NY 11215 total $22,248.

How many residential units does this building have?

This building has 5 residential unit(s).

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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