New York City  »  11215  »  3rd Ave  »  505 3rd Ave

505 3rd Avenue, Brooklyn, NY 11215 - Property report

Also known as: 505 3rd Ave

Property image for 505 3rd Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1899

Lot sq. ft.

1,650

Sale price

$600,000

General information

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

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,230
Building dimensions
22 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1899
Building material
Sales
Sale date
12/19/2011
Sale price
$600,000
Tax
Tax year
2026-2027
Property tax
$5,545
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
22 ft x 75 ft
Lot sq. ft.
1,650

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
0.91 Miles
Closest fire station
0.28 Miles

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

Ownership

Ownership information for 505 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 505 3rd Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
12/19/2011 $600,000 XXX XXXXX XXXXXX XX X XXXXXXXX, XXXXXX XXX XXXXXXXX, XXXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/20/2012 - R
12/30/2011 - D		 Satisfaction of Mortgage
(2012010300038001)		 XXXXXXXX XXXXXX XX XXXX XXXXXXXXX XX XXXXXX XX XX XXXXXXXX XXXX
01/30/2012 - R
12/19/2011 - D		 Deed
(2011122200136001)		 XXXXXXXX XXXXXX XXX XXXXX XXXXXX XX X
06/25/2002 - R Agreement
(3490008736649)		 XXXXXXXX XXXXXX XX XXXXXXXX XXXXXXXXXXX
06/25/2002 - R Mortgage
(3040008735104)		 XXXXXXXX XXXXXX X X XXXXXXXX XXXXXXXXXXX
05/21/2004 - R
05/23/2002 - D		 Agreement
(2004032601671001)		 XXXXXXXXXXXXXXX XXXXX XX XXXXXXXX XXXXXXXXXXX
11/01/1999 - R Assignment, Mortgage
(3830006876083)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXX X X XXXXXXXX XXXXXXXXXXX
04/06/1999 - R Mortgage
(3890006536589)		 XXXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
04/06/1999 - R
01/07/1999 - D		 Deed
(3980006536498)		 XXXXXXXX XXXXXX XXXXXXXX XXXXXX
07/01/1997 - R Satisfaction of Mortgage
(3160005679616)		 XXXXXXXX XXXXXX XXXXXXXXX XXXXXXXX
01/27/1986 - R Mortgage
(3900001140790)		 XXXXXXXX XXXXXX XXXXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 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
$5,545
Municipal exemptions
Recent tax assessments
Market value
$2,807,000
Assessed value
$168,420

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 $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%
2020/21 $1,319,000 $79,140 $23,288 21.045% $4,901 $4,901 +0.32%
2019/20 $1,147,000 $68,820 $23,079 21.167% $4,885 $4,885 +7.15%
2018/19 $956,000 $57,360 $21,795 20.919% $4,559 $4,559 +8.73%
2017/18 $892,000 $53,520 $20,571 20.385% $4,193 $4,193 +8.09%
2016/17 $743,000 $44,580 $19,407 19.991% $3,880 $3,880 +2.23%
Permits

Permit information for 505 3rd Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations 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
6

Subway & traffic

Closest station
4th Ave & 10th St at NW Corner
Station lines
F
Distance (miles)
0.138
View subway map

Access the detailed traffic volume map for 505 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 505 3rd Avenue, Brooklyn, NY

127 12th St, Brooklyn 182 11th St, Brooklyn 503 3rd Ave, Brooklyn 497 3rd Ave, Brooklyn 184 11th St, Brooklyn 143 12th St, Brooklyn 145 12th St, Brooklyn 518 3rd Ave, Brooklyn 520 3rd Ave, Brooklyn 180 11th St, Brooklyn 149 12th St, Brooklyn 499 3rd Ave, Brooklyn 507 3rd Ave, Brooklyn 121 12th St, Brooklyn 501 3rd Ave, Brooklyn 495 3rd Ave, Brooklyn 186 11th St, Brooklyn 188 11th St, Brooklyn 509 3rd Ave, Brooklyn

Nearby ZIP codes for 505 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 505 3rd Avenue, Brooklyn, NY 11215?

The development at 505 3rd Avenue, Brooklyn, NY 11215 was built in 1899.

What is the market value of 505 3rd Avenue, Brooklyn, NY 11215?

The current market value of 505 3rd Avenue, Brooklyn, NY 11215 is $2,807,000.

What is the total square footage of 505 3rd Avenue, Brooklyn, NY 11215?

505 3rd Avenue, Brooklyn, NY 11215 has a total of 3,230 square feet.

What is the price per square foot for this property?

$185 per square foot is the price for 505 3rd Avenue, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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