New York City  »  11215  »  1st St  »  506 1st St

506 1st Street, Brooklyn, NY 11215 - Property report

Also known as: 506 1st St

Property image for 506 1st Street, Brooklyn, NY 11215
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Property type

Two Family Brick (B1)

Year built

1901

Lot sq. ft.

2,042

Sale price

$4,400,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
506 1st Street
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01076-0033

Owner

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Building
Property type
Two Family Brick (B1)
Building sq. ft.
3,848
Building dimensions
19.5 ft x 48 ft
Buildings on lot
1
Stories
3
Year built
1901
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
06/26/2019
Sale price
$4,400,000
Tax
Tax year
2026-2027
Property tax
$15,187
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
1 Street (narrow)
Nearest wide street
8 Avenue
Distance to wide street
Lot dimensions
19.5 ft x 100 ft
Lot sq. ft.
2,042

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
15
Community district
6
Closest police station
0.69 Miles
Closest fire station
0.26 Miles

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

Ownership

Ownership information for 506 1st Street, Brooklyn, NY

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

Sales history for 506 1st Street, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
06/26/2019 $4,400,000 XXXXX X XXXXXXX XX XXXXXXX XXXXXXX XXXX XXXXX XXXXXX, XXXXXXX XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/01/2019 - R
06/26/2019 - D		 Deed
(2019062700139001)		 XXXXXX XXXXXXX XXXXX X XXXXXXX XX XXXXXXX XXXXXXX XXXX XXXXX
12/01/2015 - R
11/20/2015 - D		 Satisfaction of Mortgage
(2015112500154001)		 XXXXXX XXXXXXX XXXXXXXX XXXXX XXXX
09/20/2010 - D
04/19/2004 - R		 Agreement
(2004030400261002)		 XXXXXX XXXXX X XXXXXXXX XXXXX XXXX
04/19/2004 - R
10/09/2003 - D		 Mortgage
(2004030400261001)		 XXXXXX XXXXX XXXXXXXX XXXXX XXXX
03/23/1999 - R Satisfaction of Mortgage
(3370006524937)		 XXXXXX XXXXXXX XXXXXXX XXXXX XXXXXXX
07/02/1997 - R Satisfaction of Mortgage
(3650005681065)		 XXXXXX XXXXXXX XXXXX XXXXXXXXX XXXX
05/28/1997 - R Mortgage
(3840005633584)		 XXXXXX XXXXXXX XXXXX XXXXXXXXX XXXX
01/14/1987 - R Mortgage
(3650001230165)		 XXXXXX XXXXXXX XXXXXXXX XXXX
02/27/1984 - R Assignment, Mortgage
(3440001004644)		 XXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXXXX
07/03/1973 - R Mortgage
(37330064301388)		 XXXXXX XXXXX XXXXXXX XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 506 1st Street, 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
$15,187
Municipal exemptions
Recent tax assessments
Market value
$5,726,000
Assessed value
$343,560

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 $5,460,000 $327,600 $72,235 19.843% $14,334 $14,334 -1.20%
2024/25 $4,791,000 $287,460 $72,234 20.085% $14,508 $14,508 +4.35%
2023/24 $5,597,000 $335,820 $69,223 20.085% $13,903 $13,903 +4.75%
2022/23 $4,762,000 $285,720 $65,354 20.309% $13,273 $13,273 +4.25%
2021/22 $3,677,000 $220,620 $63,778 19.963% $12,732 $12,732 +0.50%
2020/21 $4,459,000 $267,540 $60,196 21.045% $12,668 $12,668 +1.79%
2019/20 $4,213,000 $252,780 $58,795 21.167% $12,741 $12,445 +5.81%
2018/19 $3,722,000 $223,320 $56,226 20.919% $12,067 $11,762 +8.88%
2017/18 $4,612,000 $276,720 $52,992 20.385% $11,102 $10,802 +4.73%
2016/17 $3,986,000 $239,160 $51,598 19.991% $10,625 $10,315 +8.58%
Permits

Permit information for 506 1st Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/28/2020 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Park Slope residential market stats

Access a detailed real estate market overview of Park Slope so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Park Slope and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,619,646

12.4% Y-o-Y

Median price/sq. ft.

$1,514

6.4% Y-o-Y

Brooklyn median sale price

$899,000

6% 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
-

Subway & traffic

Closest station
8th Ave & 9th St at NW Corner
Station lines
F
Distance (miles)
0.365
View subway map

Access the detailed traffic volume map for 506 1st Street, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 321 William Penn 9 Yes Public K-5 1,216 0.15
Poly Prep Lower School NR No Private PK-4 240 0.16
Poly Prep Lower School NR No Private PK-4 240 0.16
The Montessori School of New York - Brooklyn NR No Private PK, K-6 0 0.18
The Montessori School of New York - Brooklyn NR No Private PK, K-6 0 0.18
Poly Prep Lower School NR No Private 0 0.19
P.S. 39 Henry Bristow 9 No Public K-5 344 0.39
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Park Slope Collegiate 4 No Public 6-12 577 0.17
Poly Prep Lower School NR No Private 0 0.19
Berkeley Carroll Elementary School NR No Private PK-12 940 0.26
St Francis Xavier School NR No Private PK-8 175 0.26
Saint Saviour Catholic Academy NR No Private PK, K-8 370 0.28
Berkeley Carroll School NR No Private PK-12 977 0.36
Ms 51 William Alexander 7 No Public 6-8 1,026 0.47
Is 340 7 No Public 6-8 150 0.50
P.S. 77 NR No Public K-12 304 0.56
Ms 266 Park Place Community Middle School 4 No Public 6-8 69 0.56
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Millennium Brooklyn High School 10 No Public 9-12 721 0.17
John Jay School for Law 3 No Public 9-12 461 0.17
Cyberarts Studio Academy 2 No Public 9-12 298 0.17
Park Slope Collegiate 4 No Public 6-12 577 0.17
Poly Prep Lower School NR No Private 0 0.19
Berkeley Carroll Elementary School NR No Private PK-12 940 0.26
St Saviour High School NR No Private 9-12 400 0.26
Berkeley Carroll School NR No Private PK-12 977 0.36
P.S. 77 NR No Public K-12 304 0.56
Al-Madinah School NR No Private PK-12 790 0.70

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 506 1st Street, Brooklyn, NY

508 1st St, Brooklyn 214 8th Ave, Brooklyn 198 8th Ave, Brooklyn 212 8th Ave, Brooklyn 500 1st St, Brooklyn 498 1st St, Brooklyn 484 1st St, Brooklyn 204 8th Ave, Brooklyn 504 1st St, Brooklyn 492 1st St, Brooklyn 488 1st St, Brooklyn 196 8th Ave, Brooklyn 496 1st St, Brooklyn 494 1st St, Brooklyn 200 8th Ave, Brooklyn 202 8th Ave, Brooklyn 206 8th Ave, Brooklyn 490 1st St, Brooklyn 208 8th Ave, Brooklyn

Nearby ZIP codes for 506 1st Street, 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 506 1st Street, Brooklyn, NY 11215?

The development at 506 1st Street, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 506 1st Street, Brooklyn, NY 11215?

506 1st Street, Brooklyn, NY 11215 has a total of 3,848 square feet.

When was 506 1st Street, Brooklyn, NY 11215 last sold and what was the sale price?

506 1st Street, Brooklyn, NY 11215 was last sold on 06/26/2019 for $4,400,000.

What is the assessed value of 506 1st Street, Brooklyn, NY 11215?

506 1st Street, Brooklyn, NY 11215 is currently assessed at $343,560.

What are the property taxes for 506 1st Street, Brooklyn, NY 11215?

The property taxes for 506 1st Street, Brooklyn, NY 11215 total $15,186.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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