Kings  »  11238  »  Sterling Pl  »  500 Sterling Pl

500 Sterling Place, Brooklyn, NY 11238 - Property report

Also known as: 494-496 Sterling Pl

Property image for 500 Sterling Place, Brooklyn, NY 11238
static Mapbox map

Property type

Elevator Apartment - Semi-fireproof without Stores (D1)

Year built

2013

Lot sq. ft.

19,650

Sale price

$48,075,000

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
500 Sterling Place
Alternate address(es)
494-496 Sterling Pl
ZIP code
11238
Neighborhood
Prospect Heights
Borough
Brooklyn
Block & lot
01174-0021

Owner

Find out who owns 500 Sterling Place, Brooklyn, NY 11238. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartment - Semi-fireproof without Stores (D1)
Building sq. ft.
62,190
Building dimensions
150 ft x 60 ft
Buildings on lot
1
Stories
7
Year built
2013
Building material
Sales
Sale date
01/13/2015
Sale price
$48,075,000
Tax
Tax year
2026-2027
Property tax
$705,620
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
77
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
150 ft x 131 ft
Lot sq. ft.
19,650

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
17
Community district
8
Closest police station
0.77 Miles
Closest fire station
0.02 Miles

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

Ownership

Ownership information for 500 Sterling Place, Brooklyn, NY

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

Sales history for 500 Sterling Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
01/13/2015 $48,075,000 XXX XXXXXXXX XXXXX XXX XXX XXXXXXXX XX XXX XXX XXX XXXXXXXX XXXXXXXXX XXX XXX XXXXXXX XXXXXXXX XXX
09/07/2012 $5,950,000 XXX XXXXXXXX XXXXXXXXX XXX XXXXXX XXXXXXX XXXX.
04/17/2012 $7,907 XXXXXX XXXXXXX XXXX. XXXXX, XXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/05/2025 - R
08/28/2025 - D		 Assignment of Leases and Rents
(2025082900316002)		 XXX XXXXX XXXXXX XXX XXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX
09/05/2025 - R
08/28/2025 - D		 Agreement
(2025082900316001)		 XXX XXXXX XXXXXX XXX XXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXX
09/02/2022 - R
06/01/2022 - D		 Agreement
(2022081001122002)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
09/02/2022 - R
06/01/2022 - D		 Agreement
(2022081001122001)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
06/28/2022 - R
06/01/2022 - D		 Agreement
(2022061601445002)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
06/28/2022 - R
06/01/2022 - D		 Agreement
(2022061601445001)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
04/22/2020 - R UCC3 Termination
(2020041400806002)		 XXX XXXXXXXX XXXXX XXX XXXXXXXXX XXXX
04/22/2020 - R
04/16/2020 - D		 Assignment of Leases and Rents
(2020041400806025)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
04/22/2020 - R
04/16/2020 - D		 Mortgage and Consolidation
(2020041400806024)		 XXX XXXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
04/22/2020 - R
04/16/2020 - D		 Assignment, Mortgage
(2020041400806003)		 XXXXXXXXX XXXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 Sterling Place, 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
$705,620
Municipal exemptions
Recent tax assessments
Market value
$16,997,000
Assessed value
$7,648,650

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 $16,821,000 $7,569,450 $3,819,906 12.439% $782,862 $475,158 +63.28%
2024/25 $14,038,000 $6,317,100 $2,328,066 12.5% $707,018 $291,008 +103.41%
2023/24 $13,901,000 $6,255,450 $1,144,350 12.502% $660,649 $143,067 +966.55%
2022/23 $16,726,000 $7,526,700 $109,350 12.267% $590,976 $13,414 +0.26%
2021/22 $8,443,000 $3,799,350 $109,350 12.235% $464,850 $13,379 -0.26%
2020/21 $9,738,000 $4,382,100 $109,350 12.267% $473,386 $13,414 -1.65%
2019/20 $9,907,000 $4,458,150 $109,350 12.473% $448,444 $13,639 -1.10%
2018/19 $8,715,000 $3,921,750 $109,350 12.612% $418,198 $13,791 -0.84%
2017/18 $7,310,000 $3,289,500 $109,350 12.719% $398,245 $13,908 -1.34%
2016/17 $7,208,000 $3,243,600 $109,350 12.892% $396,143 $14,097 -96.35%
Permits

Permit information for 500 Sterling Place, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/03/2021 Alteration
07/08/2013 Alteration type 2
07/13/2006 New building
10/15/2004 New building
10/15/2004 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/02/2022 Bench-failure to benchmark none
12/01/2021 Egrade-failure to post energy grade/score
01/08/2021 E-elevator elevatorrequired

*Most recent DOB violations on record 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
-

Subway & traffic

Closest station
Washington Ave & Eastern Pkwy at NW Corner
Station lines
2-3
Distance (miles)
0.179
View subway map

Access the detailed traffic volume map for 500 Sterling Place, Brooklyn, NY 11238 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 500 Sterling Place, Brooklyn, NY

512 Sterling Pl, Brooklyn 520 Sterling Pl, Brooklyn 524 Sterling Pl, Brooklyn 745 Washington Ave, Brooklyn 760 Classon Ave, Brooklyn 518 Sterling Pl, Brooklyn 764 Classon Ave, Brooklyn 765 Washington Ave, Brooklyn 806 Washington Ave, Brooklyn 769 Washington Ave, Brooklyn 516 Sterling Pl, Brooklyn 528 Sterling Pl, Brooklyn 526 Sterling Pl, Brooklyn 767 Washington Ave, Brooklyn 762 Classon Ave, Brooklyn 753 Washington Ave, Brooklyn 759 Washington Ave, Brooklyn 761 Washington Ave, Brooklyn 763 Washington Ave, Brooklyn

Nearby ZIP codes for 500 Sterling Place, Brooklyn, NY

10002, New York City, NY 10038, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11233, New York City, NY 11237, New York City, NY

Frequently asked questions

What is the year built for 500 Sterling Place, Brooklyn, NY 11238?

The development at 500 Sterling Place, Brooklyn, NY 11238 was built in 2013.

What is the total square footage of 500 Sterling Place, Brooklyn, NY 11238?

500 Sterling Place, Brooklyn, NY 11238 has a total of 62,190 square feet.

When was 500 Sterling Place, Brooklyn, NY 11238 last sold and what was the sale price?

500 Sterling Place, Brooklyn, NY 11238 was last sold on 01/13/2015 for $48,075,000.

What is the assessed value of 500 Sterling Place, Brooklyn, NY 11238?

500 Sterling Place, Brooklyn, NY 11238 is currently assessed at $7,648,650.

What are the property taxes for 500 Sterling Place, Brooklyn, NY 11238?

The property taxes for 500 Sterling Place, Brooklyn, NY 11238 total $705,620.

How many residential units does this building have?

This building has 77 residential unit(s).

Disclaimer

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