New York City » 11221 » Central Ave » 500 Central Ave

500 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 500 Central Ave

Property image for 500 Central Avenue, Brooklyn, NY 11221

Property type

Three Families (C0)

Year built

2006

Lot sq. ft.

1,875

Sale price

$1,165,000

General information

Address

Primary address

500 Central Avenue

ZIP code

11221

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03382-0040

Building

Property type

Three Families (C0)

Building sq. ft.

2,925

Building dimensions

18.75 ft x 52 ft

Buildings on lot

Stories

Year built

2006

Building material

C Blck + Brick

Exterior wall

Combination

Basement

Sales

Sale date

01/10/2020

Sale price

$1,165,000

Tax

Tax year

2026-2027

Property tax

$9,217

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Lot

Frontage(s)

Central Avenue (narrow)

Nearest wide street

Bushwick Avenue

Distance to wide street

Lot dimensions

18.75 ft x 100 ft

Lot sq. ft.

1,875

Area overview

Walk score

83 /100. Very Walkable

Transit score

98 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

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

Ownership

Ownership information for 500 Central Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 500 Central Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
01/10/2020	$1,165,000	XXXXXX, XXXXXXX XXX XXX, XXXXX	XXXXX, XXXXX
01/23/2018	$1	XXXXXX XXXXXX, XXXXX X	XXXXX, XXXXX
02/12/2007	$749,000	XXXXX, XXXXX	XXXXX XXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/26/2020 - R 02/21/2020 - D	Satisfaction of Mortgage (2020022600389001)	XXXXX XXXXX	XXXX XXXXXXX XXXXX XXX
01/16/2020 - R 01/10/2020 - D	Mortgage (2020011301170002)	XXXXXX XXXXXXX	XXXX XX XXXXXXX X X
01/16/2020 - R 01/10/2020 - D	Deed (2020011301170001)	XXXXX XXXXX	XXXXXX XXXXXXX
11/12/2019 - R 09/06/2019 - D	Assignment, Mortgage (2019110700408001)	XXX XXX	XXXX XXXXXXX XXXXX XXX
10/24/2018 - R 10/22/2018 - D	Assignment, Mortgage (2018102400423001)	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX	XXX XXX
09/18/2018 - R 07/19/2018 - D	Assignment, Mortgage (2018091800436001)	XXXX XXXXXX XXXXXXXXXXXXX XXXXX	XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
07/27/2018 - R 05/16/2018 - D	Deed (2018071000632001)	XXXXXX XXXXXX XXXXX X	XXXXX XXXXX
03/02/2018 - R 01/23/2018 - D	Deed (2018012901361001)	XXXXX XXXXX	XXXXXX XXXXXX XXXXX X
07/27/2015 - R 05/01/2015 - D	Mortgage and Consolidation (2015072001338001)	XXXXX XXXXX	XXX XXXX XXXXX XXXXXXXXX XX
08/01/2007 - R 07/13/2007 - D	Satisfaction of Mortgage (2007072700820001)	XXXXX XXXXX XXX	XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 Central 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

$9,217

Municipal exemptions

Recent tax assessments

Market value

$1,235,000

Assessed value

$74,100

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	$1,250,000	$75,000	$44,656	19.843%	$8,861	$8,861	+4.72%
2024/25	$1,471,000	$88,260	$42,128	20.085%	$8,461	$8,461	+6.00%
2023/24	$1,337,000	$80,220	$39,744	20.085%	$7,983	$7,983	-1.10%
2022/23	$1,097,000	$65,820	$39,744	20.309%	$8,072	$8,072	+4.46%
2021/22	$1,135,000	$68,100	$38,707	19.963%	$7,727	$7,727	-1.33%
2020/21	$1,206,000	$72,360	$37,213	21.045%	$7,831	$7,831	+5.39%
2019/20	$959,000	$57,540	$35,107	21.167%	$7,431	$7,431	+7.26%
2018/19	$1,156,000	$69,360	$33,120	20.919%	$6,928	$6,928	+2.62%
2017/18	$1,076,000	$64,560	$33,120	20.385%	$6,752	$6,752	+4.70%
2016/17	$797,000	$47,820	$32,256	19.991%	$6,448	$6,448	+6.34%

Permits

Permit information for 500 Central Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
02/21/2020	Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/08/2026	A
	11/20/2025	I
	06/13/2025	A

*Most recent HPD violations on record for this property.

Neighborhood

Bushwick South residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Weirfield St & Broadway at NE Corner

Station lines

Distance (miles)

0.386

View subway map

Access the detailed traffic volume map for 500 Central Avenue, Brooklyn, NY 11221 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. 299 Thomas Warren Field School	3	Yes	Public	PK, K-5	197	0.21
P.S. 299 Thomas Warren Field School	3	Yes	Public	PK, K-5	197	0.21
P.S. 377 Alejandina B De Gautier	2	No	Public	PK, K-5	173	0.18
P.S. 377 Alejandina B De Gautier	2	No	Public	PK, K-5	173	0.18
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.18
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.18
P.S. 106 Edward Everett Hale	2	No	Public	PK, K-5	356	0.18
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.25
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.25
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.30

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 291 Roland Hayes	3	Yes	Public	6-8	267	0.30
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.18
Evergreen Middle School-Urban Exploration	4	No	Public	6-8	342	0.25
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.25
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.30
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.38
All City Leadership Secondary School	8	No	Public	6-12	421	0.44
P.S. Is 384 Frances E Carter	3	No	Public	PK, K-8	346	0.48
Jhs 383 Philippa Schuyler	7	No	Public	5-8	822	0.53
Achievement First Bushwick Charter School	7	No	Charter	K-8	938	0.53

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Bushwick Community High School	2	No	Public	9-12	86	0.30
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	0.30
Academy Of Urban Planning	5	No	Public	9-12	403	0.38
Bushwick School for Social Justice	2	No	Public	9-12	272	0.38
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.38
Academy for Environmental Leadership	2	No	Public	9-12	275	0.38
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.42
All City Leadership Secondary School	8	No	Public	6-12	421	0.44
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.60
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.64

Neighbors for 500 Central Avenue, Brooklyn, NY

533 Bushwick Ave, Brooklyn

Frequently asked questions

What is the year built for 500 Central Avenue, Brooklyn, NY 11221?

The development at 500 Central Avenue, Brooklyn, NY 11221 was built in 2006.

What is the total square footage of 500 Central Avenue, Brooklyn, NY 11221?

500 Central Avenue, Brooklyn, NY 11221 has a total of 2,925 square feet.

When was 500 Central Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

500 Central Avenue, Brooklyn, NY 11221 was last sold on 01/10/2020 for $1,165,000.

What is the assessed value of 500 Central Avenue, Brooklyn, NY 11221?

500 Central Avenue, Brooklyn, NY 11221 is currently assessed at $74,100.

What are the property taxes for 500 Central Avenue, Brooklyn, NY 11221?

The property taxes for 500 Central Avenue, Brooklyn, NY 11221 total $9,216.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.