Kings  »  11215  »  4th Ave  »  516 4th Ave

516 4th Avenue, Brooklyn, NY 11215 - Property report

Also known as: 516 4th Ave

Property image for 516 4th Avenue, Brooklyn, NY 11215
static Mapbox map

Property type

Over Six Families without Stores (C1)

Year built

1931

Lot sq. ft.

2,429

Sale price

$1,950,000

General information

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Address
Primary address
516 4th Avenue
ZIP code
11215
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
01033-0036

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
6,720
Building dimensions
28 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
1931
Last altered
2013
Building material
Sales
Sale date
06/27/2013
Sale price
$1,950,000
Tax
Tax year
2026-2027
Property tax
$24,431
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
28 ft x 86.75 ft
Lot sq. ft.
2,429

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.82 Miles
Closest fire station
0.33 Miles

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

Ownership information for 516 4th Avenue, Brooklyn, NY

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

Sales history for 516 4th Avenue, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
06/27/2013 $1,950,000 XXX XXX XXX XXX XXX, XXXXXXX XXX XXX, XXXXXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/09/2025 - R
08/28/2025 - D
Agreement
(2025090400598002)
XXXXXXXX XXXXX XXXX X X XXX XXX XXX XXX
09/09/2025 - R
08/28/2025 - D
Mortgage
(2025090400598001)
XXX XXX XXX XXX XXXXXXXX XXXXX XXXX X X
08/16/2018 - R
08/09/2018 - D
Termination of Assign of L&R
(2018081501337004)
XXXXXXXXX XXXX XXX XXX XXX XXX
08/16/2018 - R
08/09/2018 - D
Agreement
(2018081501337003)
XXX XXX XXX XXX XXXXXXXX XXXXX XXXX X X
08/16/2018 - R
08/09/2018 - D
Mortgage
(2018081501337002)
XXX XXX XXX XXX XXXXXXXX XXXXX XXXX X X
08/16/2018 - R
08/09/2018 - D
Assignment, Mortgage
(2018081501337001)
XXXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
08/11/2014 - R UCC3 Termination
(2014080500857005)
XXX XXX XXX XXX XXXXXXXXX XXXXXXXX XXXX
08/11/2014 - R
07/24/2014 - D
Assignment of Leases and Rents
(2014080500857004)
XXX XXX XXX XXX XXXXXXXXX XXXX
08/11/2014 - R
07/24/2014 - D
Agreement
(2014080500857003)
XXX XXX XXX XXX XXXXXXXXX XXXX
08/11/2014 - R
07/24/2014 - D
Mortgage
(2014080500857002)
XXX XXX XXX XXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 516 4th 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
$24,431
Municipal exemptions
Recent tax assessments
Market value
$2,698,000
Assessed value
$1,214,100

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 $2,308,000 $1,038,600 $185,647 12.439% $23,093 $23,093 -0.49%
2024/25 $1,923,000 $865,350 $185,645 12.5% $23,206 $23,206 +5.33%
2023/24 $1,983,000 $892,350 $176,225 12.502% $22,032 $22,032 +10.07%
2022/23 $1,966,000 $884,700 $163,171 12.267% $20,016 $20,016 +8.28%
2021/22 $2,161,000 $972,450 $151,084 12.235% $18,485 $18,485 +5.52%
2020/21 $2,371,000 $1,066,950 $142,805 12.267% $17,518 $17,518 -1.65%
2019/20 $2,424,000 $1,090,800 $142,804 12.473% $17,812 $17,812 +1.19%
2018/19 $2,020,000 $909,000 $139,571 12.612% $17,603 $17,603 +4.72%
2017/18 $1,738,000 $782,100 $132,162 12.719% $16,810 $16,810 +51.64%
2016/17 $1,476,000 $664,200 $85,988 12.892% $11,086 $11,086 +8.07%

Permit information for 516 4th Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/15/2014 Alteration type 2
08/22/2013 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
03/03/2015 Lblvio-low pressure boiler
08/16/1993 Ll6291-local law 62/91 - boilers

*Most recent DOB violations 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
6

Subway & traffic

Closest station
4th Ave & 10th St at NW Corner
Station lines
F
Distance (miles)
0.167

Access the detailed traffic volume map for 516 4th 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 year built for 516 4th Avenue, Brooklyn, NY 11215?

The development at 516 4th Avenue, Brooklyn, NY 11215 was built in 1931.

What is the total square footage of 516 4th Avenue, Brooklyn, NY 11215?

516 4th Avenue, Brooklyn, NY 11215 has a total of 6,720 square feet.

When was 516 4th Avenue, Brooklyn, NY 11215 last sold and what was the sale price?

516 4th Avenue, Brooklyn, NY 11215 was last sold on 06/27/2013 for $1,950,000.

What is the assessed value of 516 4th Avenue, Brooklyn, NY 11215?

516 4th Avenue, Brooklyn, NY 11215 is currently assessed at $1,214,100.

What are the property taxes for 516 4th Avenue, Brooklyn, NY 11215?

The property taxes for 516 4th Avenue, Brooklyn, NY 11215 total $24,431.

How many residential units does this building have?

This building has 8 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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