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506 3rd Street, Brooklyn, NY 11215 Property Information

506 3rd Street, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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506 3rd Street, Brooklyn, NY 11215 1
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Address

Primary address 506 3rd Street
Neighborhood Park Slope
Zip code 11215
Borough Brooklyn
Block & lot 01080-0008

Sales & Tax Overview for 506 3rd Street, Brooklyn

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

Purchase date 01/11/2011
Purchase price $1,850,000
Tax class
Estimated property tax $9,458

Lot & Building Information for 506 3rd Street, Brooklyn

Lot sqft 1,800
Lot dimensions 20 ft x 90 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 6,904
Building dimensions 20 ft x 75 ft
Buildings on lot 1
Stories 5
Year built 1901
Year last altered 2013
Construction type
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Zoning & Use for 506 3rd Street, Brooklyn

Zoning
Residential units (DOF) 2
Commercial units 1
Residential sqft
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.76 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 506 3rd Street, 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 506 3rd Street, 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 506 3rd Street, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 506 3rd Street, Brooklyn

How many sq. ft. does 506 3rd Street, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Primarily Two Family with One Store or Office (S2) located at 506 3rd Street, Brooklyn, NY 11215 has a total of 6,904 square feet and a current price per square foot of $267.

What is the year built & the current market value of 506 3rd Street, Brooklyn, NY 11215?

506 3rd Street, Brooklyn, NY 11215 was built in 1901 and has a current tax assessor's market value of $9,705,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 506 3rd Street, Brooklyn

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Property owner name for 506 3rd Street, Brooklyn, NY 11215
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Building contacts for 506 3rd Street, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 506 3rd Street, Brooklyn

Create a free account to view the complete sales history for 506 3rd Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/11/2011 $1,850,000

Title Documents for 506 3rd Street, 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
10/15/2012 - D
10/26/2012 - R
Zoning Lot Description
(2012101901249001)
09/24/2012 - D
10/26/2012 - R
Certificate
(2012101901249002)
01/24/2011 - D
02/11/2011 - R
Satisfaction of Mortgage
(2011020700298001)
01/11/2011 - D
01/24/2011 - R
Deed
(2011011400687001)
09/15/1997 - R Mortgage
(3270005757027)
03/25/1994 - R Deed
(3120004212112)
03/25/1994 - R Deed
(3290004212129)
02/25/1993 - R UCC3 Termination
(3110003995911)
07/18/1991 - R Assignment, Mortgage
(3530001626653)
08/29/1989 - R Uniform Commercial Code 1
(3510001855151)
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R: Recorded date
D: Document date

Property Taxes for 506 3rd Street, Brooklyn

Access detailed property tax data for 506 3rd Street, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,923
Estimated property tax: $9,458
Tax assessor's market value: $9,705,000
Assessed value: $582,300

Assessment History for 506 3rd Street, Brooklyn

Here's the assessment & property tax history for 506 3rd Street, 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 $9,705,000 $582,300 $44,970 19.843% $8,923 $8,923 +4.72%
2024/25 $9,128,000 $547,680 $42,425 20.085% $8,521 $8,521 0.00%
2023/24 $8,067,000 $484,020 $42,425 20.085% $8,521 $8,521 -0.36%
2022/23 $6,333,000 $379,980 $42,107 20.309% $8,552 $8,552 +7.84%
2021/22 $6,083,000 $364,980 $39,724 19.963% $7,930 $7,930 +0.55%

Permits for 506 3rd Street, Brooklyn

The complete history of permits filed for 506 3rd Street, 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.

Filing date Job type Job status Job description Initial cost
05/13/2016 Sign
12/03/2014 Alteration type 3
09/24/2014 Alteration type 3
06/02/2014 Alteration type 1
05/29/2014 Alteration type 1
12/02/2013 Alteration type 3
08/03/2012 Alteration type 1
06/13/1994 Alteration type 1
06/30/1993 Alteration type 1
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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)

Transportation

Distance to Subway
Closest station 7th Ave & 9th St at NE Corner
Station lines F
Distance (miles) 0.267
View subway map
Bus Routes
Name 7 Av/3 St
Line B67
Distance (miles) 0.022

Neighbors for 506 3rd Street, Brooklyn

Here are the neighbors for 506 3rd Street, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
223 7th Ave, Brooklyn 8,144 03/05/1980
581 3rd St, Brooklyn 3,840 09/20/2017
520 3rd St, Brooklyn 2,664 12/31/1990
217 7th Ave, Brooklyn 5,261 08/08/1997
219 7th Ave, Brooklyn 5,261 03/26/1998
526 3rd St, Brooklyn 3,720 03/02/2018 $1,600,000
532 3rd St, Brooklyn 2,730 06/21/2021 $5,250,000
516 3rd St, Brooklyn 2,664 08/08/2008 $2,850,000
518 3rd St, Brooklyn 2,664 05/04/2010
522 3rd St, Brooklyn 3,402 04/21/2011
524 3rd St, Brooklyn 3,720 11/06/2003
530 3rd St, Brooklyn 2,730 07/16/1980
534 3rd St, Brooklyn 3,720 04/08/2003 $1,325,000
207 7th Ave, Brooklyn 9,524 02/04/2014
528 3rd St, Brooklyn 2,730 09/26/2017 $3,700,000
583 3rd St, Brooklyn 4,032 07/17/2001
453 4th St, Brooklyn 8,984 04/25/1985
585 3rd St, Brooklyn 3,840
587 3rd St, Brooklyn 3,840 02/04/1998
589 3rd St, Brooklyn 3,840 04/15/2021 $4,350,000
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