Kings  »  11238  »  Lincoln Pl  »  505 Lincoln Pl

505 Lincoln Place, Brooklyn, NY 11238 - Property report

Also known as: 505 Lincoln Pl

Property image for 505 Lincoln Place, Brooklyn, NY 11238
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Property type

Over Six Families without Stores (C1)

Year built

1920

Lot sq. ft.

10,520

Sale price

$12,700,000

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
505 Lincoln Place
Alternate address(es)
505-509 Lincoln Pl
ZIP code
11238
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01178-0075

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
25,556
Building dimensions
80 ft x 100 ft
Buildings on lot
1
Stories
4
Year built
1920
Last altered
1982
Building material
Sales
Sale date
07/19/2005
Sale price
$12,700,000 - M
Tax
Tax year
2026-2027
Property tax
$253,423
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
30
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
80 ft x 131 ft
Lot sq. ft.
10,520

Area overview

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

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

Ownership

Ownership information for 505 Lincoln 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 505 Lincoln Place, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
07/19/2005 $12,700,000 XXXXXXX XXXXXXX XXX XXXXXXX XXXXXXXXXX XXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/09/2025 - R Initial UCC1
(2025040800836003)		 XXXXXXX XXXXXXX XXX XXXXXX XXX
04/09/2025 - R
04/03/2025 - D		 Assignment, Mortgage
(2025040800836002)		 XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX
04/09/2025 - R
04/03/2025 - D		 Mortgage
(2025040800836001)		 XXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
09/06/2024 - R UCC3 Continuation
(2024090400776001)		 XXXXXXX XXXXXXX XXX XXXXXX XXX
01/30/2020 - R Initial UCC1
(2020013000868007)		 XXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
01/30/2020 - R UCC3 Termination
(2020013000868003)		 XXXXXXXXX XXXX XXXXXXX XXXXXXX XXX
02/12/2020 - R
01/27/2020 - D		 Agreement
(2020021100182001)		 XXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
01/30/2020 - R
01/27/2020 - D		 Assignment, Mortgage
(2020013000868006)		 XXXXXXXXX XXXXXXXXX XXXXXXX XXX XXXXXX XXX
01/30/2020 - R
01/27/2020 - D		 Agreement
(2020013000868005)		 XXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX
01/30/2020 - R
01/27/2020 - D		 Mortgage
(2020013000868004)		 XXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 Lincoln 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
$253,423
Municipal exemptions
Recent tax assessments
Market value
$5,233,000
Assessed value
$2,354,850

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 $4,550,000 $2,047,500 $1,883,520 12.439% $234,291 $234,291 +2.19%
2024/25 $4,333,000 $1,949,850 $1,834,110 12.5% $229,264 $229,264 +2.69%
2023/24 $4,371,000 $1,966,950 $1,785,780 12.502% $223,258 $223,258 +8.42%
2022/23 $4,150,000 $1,867,500 $1,678,680 12.267% $205,924 $205,924 +7.89%
2021/22 $3,524,000 $1,585,800 $1,559,970 12.235% $190,862 $190,862 +4.08%
2020/21 $4,001,000 $1,800,450 $1,494,900 12.267% $183,379 $183,379 +10.07%
2019/20 $3,796,000 $1,708,200 $1,335,690 12.473% $166,601 $166,601 +11.45%
2018/19 $3,181,000 $1,431,450 $1,185,210 12.612% $149,479 $149,479 +8.66%
2017/18 $2,831,000 $1,273,950 $1,081,530 12.719% $137,560 $137,560 +7.01%
2016/17 $2,801,000 $1,260,450 $997,110 12.892% $128,547 $128,547 +10.47%
Permits

Permit information for 505 Lincoln Place, Brooklyn, NY

No recently recorded permits 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
04/29/2021 Egrade-failure to post energy grade/score none
01/06/2021 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
Franklin Ave & Eastern Pkwy at SW Corner
Station lines
FS-2-3-4-5
Distance (miles)
0.113
View subway map

Access the detailed traffic volume map for 505 Lincoln 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 505 Lincoln Place, Brooklyn, NY

272 Lincoln Pl, Brooklyn 541 Lincoln Pl, Brooklyn 493 Lincoln Pl, Brooklyn 527 Lincoln Pl, Brooklyn 782 Franklin Ave, Brooklyn 495 Lincoln Pl, Brooklyn 463 Lincoln Pl, Brooklyn 788 Franklin Ave, Brooklyn 465 Lincoln Pl, Brooklyn 290 Lincoln Pl, Brooklyn 778 Franklin Ave, Brooklyn 487 Lincoln Pl, Brooklyn 467 Lincoln Pl, Brooklyn 268 Lincoln Pl, Brooklyn 511 Lincoln Pl, Brooklyn 471 Lincoln Pl, Brooklyn 519 Lincoln Pl, Brooklyn 553 Lincoln Pl, Brooklyn 786 Franklin Ave, Brooklyn 547 Lincoln Pl, Brooklyn

Nearby ZIP codes for 505 Lincoln 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 505 Lincoln Place, Brooklyn, NY 11238?

The development at 505 Lincoln Place, Brooklyn, NY 11238 was built in 1920.

What is the total square footage of 505 Lincoln Place, Brooklyn, NY 11238?

505 Lincoln Place, Brooklyn, NY 11238 has a total of 25,556 square feet.

When was 505 Lincoln Place, Brooklyn, NY 11238 last sold and what was the sale price?

505 Lincoln Place, Brooklyn, NY 11238 was last sold on 07/19/2005 for $12,700,000.

What is the assessed value of 505 Lincoln Place, Brooklyn, NY 11238?

505 Lincoln Place, Brooklyn, NY 11238 is currently assessed at $2,354,850.

What are the property taxes for 505 Lincoln Place, Brooklyn, NY 11238?

The property taxes for 505 Lincoln Place, Brooklyn, NY 11238 total $253,423.

How many residential units does this building have?

This building has 30 residential unit(s).

Disclaimer

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