New York City  »  11215  »  3rd Ave  »  500 3rd Ave

500 3rd Avenue, Brooklyn, NY 11215 - Property report

Also known as: 500 3rd Ave

Property image for 500 3rd Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

8,400

Sale price

$1,950,000

General information

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Address
Primary address
500 3rd Avenue
ZIP code
11215
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
01020-0035

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
03/31/2022
Sale price
$1,950,000
Tax
Tax year
2026-2027
Property tax
$25,507
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
80 ft x 100 ft
Lot sq. ft.
8,400

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.93 Miles
Closest fire station
0.28 Miles

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

Units for 500 3rd Avenue, Brooklyn, NY

Ownership information for 500 3rd Avenue, Brooklyn, NY

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

Sales history for 500 3rd Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
03/31/2022 $1,950,000 XXX XXX XXX XXXXXXXX XXX XXXXX XXXXXXXX XX. , XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/02/2026 - R
03/23/2026 - D
Declaration
(2026040100477001)
XXX XXX XXX XXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXX XX XXXXXXXXX
03/03/2025 - R
02/20/2025 - D
Deed
(2025022800158001)
XXX XXX XXX XXXXXXXX XXX XXX XXX XXX XXXXXXXX XXX
02/23/2024 - R
02/21/2024 - D
Zoning Lot Description
(2024022300039002)
XXX XXX XXX XXXXXXXX XXX
02/23/2024 - R
02/21/2024 - D
Certificate
(2024022300039001)
XXXXX XXXXXXXX XXXX
07/28/2022 - R
07/06/2022 - D
Deed
(2022072600664001)
XXX XXX XXX XXXXXXXX XXX XXX XXX XXX XXXXXXXX XXX
04/12/2022 - R UCC3 Termination
(2022040400553001)
XXXXX XXXXXXXX XX XXX XXXXXX XXXXX XXXX
04/12/2022 - R
04/04/2022 - D
Satisfaction of Mortgage
(2022040400553003)
XXXXX XXXXXXXX XX XXX XXXXXX XXXXX XXXX
04/12/2022 - R
04/04/2022 - D
Termination of Assign of L&R
(2022040400553002)
XXXXX XXXXXXXX XX XXX XXXXXX XXXXX XXXX
04/11/2022 - R
03/31/2022 - D
Deed
(2022040400746001)
XXXXX XXXXXXXX XX XXX XXX XXX XXX XXXXXXXX XXX
10/21/2020 - R Initial UCC1
(2020102100626001)
XXXXX XXXXXXXX XX XXX XXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 500 3rd 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
$25,507
Municipal exemptions
Recent tax assessments
Market value
$667,000
Assessed value
$300,150

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 $616,000 $277,200 $135,793 10.848% $14,731 $14,731 +330.75%
2024/25 $328,000 $147,600 $31,777 10.762% $3,420 $3,420 -50.27%
2023/24 $3,979,000 $238,740 $34,237 20.085% $6,877 $6,877 -1.10%
2022/23 $3,124,000 $187,440 $34,237 20.309% $6,953 $6,953 +2.51%
2021/22 $2,675,000 $160,500 $33,978 19.963% $6,783 $6,783 +0.54%
2020/21 $1,693,000 $101,580 $32,057 21.045% $6,746 $6,746 +5.39%
2019/20 $1,472,000 $88,320 $30,242 21.167% $6,401 $6,401 +7.25%
2018/19 $1,227,000 $73,620 $28,531 20.919% $5,968 $5,968 +2.62%
2017/18 $1,144,000 $68,640 $28,531 20.385% $5,816 $5,816 +2.75%
2016/17 $953,000 $57,180 $28,315 19.991% $5,660 $5,660 +8.36%

Permit information for 500 3rd Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/01/2026 Alteration type 3
03/19/2026 New building
12/05/2025 New building
11/11/2024 Alt-CO - new building with existing elements to remain
10/01/2024 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/17/2000 C-construction

*Most recent DOB violation 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
2

Subway & traffic

Closest station
4th Ave & 10th St at NW Corner
Station lines
F
Distance (miles)
0.154

Access the detailed traffic volume map for 500 3rd Avenue, 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 market value of 500 3rd Avenue, Brooklyn, NY 11215?

The current market value of 500 3rd Avenue, Brooklyn, NY 11215 is $667,000.

Disclaimer

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