New York City  »  11215  »  3rd Ave  »  516 3rd Ave

516 3rd Avenue, Brooklyn, NY 11215 - Property report

Also known as: 516 3rd Ave

Property image for 516 3rd Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1931

Lot sq. ft.

1,500

General information

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Address
Primary address
516 3rd Avenue
ZIP code
11215
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
01020-0043

Owner

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Building
Property type
Primarily Three Family with One Store or Office (S3)
Building sq. ft.
2,700
Building dimensions
20 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$11,161
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 75 ft
Lot sq. ft.
1,500

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
0.90 Miles
Closest fire station
0.30 Miles

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

Ownership

Ownership information for 516 3rd Avenue, Brooklyn, NY

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

Sales history for 516 3rd Avenue, Brooklyn, NY 11215

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/23/2008 - R Initial UCC1
(2008121700924001)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
01/05/2009 - R
12/10/2008 - D		 Assignment of Leases and Rents
(2008121700887004)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
01/05/2009 - R
12/10/2008 - D		 Agreement
(2008121700887003)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
01/05/2009 - R
12/10/2008 - D		 Mortgage
(2008121700887002)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
01/05/2009 - R
12/10/2008 - D		 Termination of Assign of L&R
(2008121700887001)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
11/02/2006 - R
10/23/2006 - D		 Satisfaction of Mortgage
(2006102600651005)		 XXXXXXX XXXX X XXXXXXXXX XXXXXXXX
11/02/2006 - R
10/23/2006 - D		 Satisfaction of Mortgage
(2006102600651003)		 XXXXX XXXXXXXX XXXXXXXXX XXXXXXXX
11/02/2006 - R
10/23/2006 - D		 Assignment of Leases and Rents
(2006102600651002)		 XXXXX XX XXXX XXXXXXX XXXX XXXXXXX XXXX X
11/02/2006 - R
10/23/2006 - D		 Mortgage
(2006102600651001)		 XXXXXXX XXXX X XXXXX XX XXXX XXXXXXX XXXX
09/04/1991 - R Mortgage
(3980001636398)		 XXXXXXX XXXX X XXXXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 516 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
$11,161
Municipal exemptions
Recent tax assessments
Market value
$1,058,000
Assessed value
$476,100

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 $882,000 $396,900 $84,010 12.439% $10,450 $10,450 +7.47%
2024/25 $1,103,000 $496,350 $77,791 12.5% $9,724 $9,724 +7.98%
2023/24 $1,019,000 $458,550 $72,032 12.502% $9,005 $9,005 +6.36%
2022/23 $1,001,000 $450,450 $69,022 12.267% $8,467 $8,467 +0.26%
2021/22 $942,000 $423,900 $69,022 12.235% $8,445 $8,445 +6.53%
2020/21 $992,000 $446,400 $64,623 12.267% $7,927 $7,927 +6.21%
2019/20 $826,800 $372,060 $59,839 12.473% $7,464 $7,464 +6.80%
2018/19 $689,000 $310,050 $55,409 12.612% $6,988 $6,988 +3.48%
2017/18 $649,000 $292,050 $53,094 12.719% $6,753 $6,753 -1.34%
2016/17 $572,000 $257,400 $53,094 12.892% $6,845 $6,845 +6.88%
Permits

Permit information for 516 3rd Avenue, Brooklyn, NY

No recently recorded permits 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
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

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)
0.168
View subway map

Access the detailed traffic volume map for 516 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

Neighbors for 516 3rd Avenue, Brooklyn, NY

127 12th St, Brooklyn 510 3rd Ave, Brooklyn 146 11th St, Brooklyn 154 11th St, Brooklyn 148 11th St, Brooklyn 143 12th St, Brooklyn 500 3rd Ave, Brooklyn 518 3rd Ave, Brooklyn 145 12th St, Brooklyn 508 3rd Ave, Brooklyn 520 3rd Ave, Brooklyn 512 3rd Ave, Brooklyn 149 12th St, Brooklyn 156 11th St, Brooklyn 150 11th St, Brooklyn 121 12th St, Brooklyn 507 3rd Ave, Brooklyn 509 3rd Ave, Brooklyn

Nearby ZIP codes for 516 3rd Avenue, Brooklyn, NY

10004, New York City, NY 10005, New York City, NY 10038, New York City, NY 10271, New York City, NY 11201, New York City, NY 11204, New York City, NY 11205, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 516 3rd Avenue, Brooklyn, NY 11215?

The development at 516 3rd Avenue, Brooklyn, NY 11215 was built in 1931.

What is the market value of 516 3rd Avenue, Brooklyn, NY 11215?

The current market value of 516 3rd Avenue, Brooklyn, NY 11215 is $1,058,000.

What is the total square footage of 516 3rd Avenue, Brooklyn, NY 11215?

516 3rd Avenue, Brooklyn, NY 11215 has a total of 2,700 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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