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505 3rd Avenue, Brooklyn, NY 11215 Property Information

505 3rd Avenue, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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505 3rd Avenue, Brooklyn, NY 11215 1
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Address

Primary address 505 3rd Avenue
Neighborhood Gowanus
Zip code 11215
Borough Brooklyn
Block & lot 01021-0005

Sales & Tax Overview for 505 3rd Avenue, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 12/19/2011
Purchase price $600,000
Tax class
Estimated property tax $5,545

Lot & Building Information for 505 3rd Avenue, Brooklyn

Lot sqft 1,650
Lot dimensions 22 ft x 75 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 3,230
Building dimensions 22 ft x 45 ft
Buildings on lot 1
Stories 3
Year built 1899
Construction type
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Zoning & Use for 505 3rd Avenue, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.91 Miles
Closest fire station 0.28 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 505 3rd Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 505 3rd Avenue, Brooklyn, NY 11215, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 505 3rd Avenue, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 505 3rd Avenue, Brooklyn

How many sq. ft. does 505 3rd Avenue, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 505 3rd Avenue, Brooklyn, NY 11215 has a total of 3,230 square feet and a current price per square foot of $185.

What is the year built & the current market value of 505 3rd Avenue, Brooklyn, NY 11215?

505 3rd Avenue, Brooklyn, NY 11215 was built in 1899 and has a current tax assessor's market value of $2,965,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 505 3rd Avenue, Brooklyn

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Property owner name for 505 3rd Avenue, Brooklyn, NY 11215
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Building contacts for 505 3rd Avenue, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 505 3rd Avenue, Brooklyn

Create a free account to view the complete sales history for 505 3rd Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/19/2011 $600,000

Title Documents for 505 3rd Avenue, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/30/2011 - D
01/20/2012 - R
Satisfaction of Mortgage
(2012010300038001)
12/19/2011 - D
01/30/2012 - R
Deed
(2011122200136001)
06/25/2002 - R Agreement
(3490008736649)
06/25/2002 - R Mortgage
(3040008735104)
05/23/2002 - D
05/21/2004 - R
Agreement
(2004032601671001)
11/01/1999 - R Assignment, Mortgage
(3830006876083)
04/06/1999 - R Mortgage
(3890006536589)
01/07/1999 - D
04/06/1999 - R
Deed
(3980006536498)
07/01/1997 - R Satisfaction of Mortgage
(3160005679616)
01/27/1986 - R Mortgage
(3900001140790)
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R: Recorded date
D: Document date

Property Taxes for 505 3rd Avenue, Brooklyn

Access detailed property tax data for 505 3rd Avenue, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,545
Estimated property tax: $5,545
Tax assessor's market value: $2,965,000
Assessed value: $177,900

Assessment History for 505 3rd Avenue, Brooklyn

Here's the assessment & property tax history for 505 3rd Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $2,965,000 $177,900 $27,946 19.843% $5,545 $5,545 -0.31%
2024/25 $3,280,000 $196,800 $27,695 20.085% $5,563 $5,563 +5.89%
2023/24 $2,899,000 $173,940 $26,154 20.085% $5,253 $5,253 +4.78%
2022/23 $2,276,000 $136,560 $24,685 20.309% $5,013 $5,013 +7.84%
2021/22 $2,084,000 $125,040 $23,288 19.963% $4,649 $4,649 -5.14%

Permits for 505 3rd Avenue, Brooklyn

The complete history of permits filed for 505 3rd Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

No recorded permits for this property.

Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station 4th Ave & 10th St at NW Corner
Station lines F
Distance (miles) 0.138
View subway map
Bus Routes
Name 3 Av/12 St
Line B37
Distance (miles) 0.033

Neighbors for 505 3rd Avenue, Brooklyn

Here are the neighbors for 505 3rd Avenue, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
127 12th St, Brooklyn 25,334 03/01/2006 $548,823
182 11th St, Brooklyn 1,870 02/24/2018
503 3rd Ave, Brooklyn 2,280 03/02/1981
497 3rd Ave, Brooklyn 3,040 09/09/2025 $2,090,000
184 11th St, Brooklyn 1,120 11/05/2021 $2,150,000
143 12th St, Brooklyn 4,160 06/18/2024 $3,900,000
145 12th St, Brooklyn 2,500 06/18/2024 $3,900,000
518 3rd Ave, Brooklyn 3,300 08/27/1991
520 3rd Ave, Brooklyn 3,300 09/18/2024
180 11th St, Brooklyn 1,626 12/18/1998
149 12th St, Brooklyn 9,346 10/26/2012
499 3rd Ave, Brooklyn 2,280 02/08/2018 $1,700,000
507 3rd Ave, Brooklyn 2,565 03/29/2002
121 12th St, Brooklyn 05/11/2023 $2,200,000
501 3rd Ave, Brooklyn 2,790 05/12/2016 $1,250,000
495 3rd Ave, Brooklyn 3,000 04/30/1997
186 11th St, Brooklyn 1,190 09/17/1987
188 11th St, Brooklyn 1,734 03/28/2011 $1,182,500
509 3rd Ave, Brooklyn 1,462 09/09/2025 $1,150,000
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