New York City  »  11216  »  Eastern Pkwy  »  505 Eastern Pkwy

505 Eastern Parkway, Brooklyn, NY 11216 - Property report

Also known as: 505 Eastern Pkwy

Property image for 505 Eastern Parkway, Brooklyn, NY 11216
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Property type

Miscellaneous Two Family (B9)

Year built

1901

Lot sq. ft.

2,162

Sale price

$1,750,000

General information

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Address
Primary address
505 Eastern Parkway
ZIP code
11216
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01261-0043

Owner

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Building
Property type
Miscellaneous Two Family (B9)
Building sq. ft.
2,208
Building dimensions
20 ft x 68 ft
Buildings on lot
1
Stories
2
Year built
1901
Last altered
2019
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
04/03/2019
Sale price
$1,750,000
Tax
Tax year
2026-2027
Property tax
$8,389
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)
Eastern Parkway (wide)
Distance to wide street
Lot dimensions
20 ft x 108.08 ft
Lot sq. ft.
2,162

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
17
Community district
8
Closest police station
0.41 Miles
Closest fire station
0.56 Miles

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

Ownership

Ownership information for 505 Eastern Parkway, 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 Eastern Parkway, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
04/03/2019 $1,750,000 XXX XX XXX XXXXXXX XXX
12/01/2009 $550,000 XXXXXXX, XXX XXXXXXXX, XXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/25/2024 - R
01/12/2024 - D		 Assignment, Mortgage
(2024012300545001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/16/2019 - R
04/03/2019 - D		 Mortgage
(2019041500920002)		 XXX XX XXX XXXXX XXXXXXXX XXXX
04/16/2019 - R
04/03/2019 - D		 Deed
(2019041500920001)		 XXXXXXX XXX XXX XX XXX
12/28/2009 - R
12/14/2009 - D		 Satisfaction of Mortgage
(2009121400098001)		 XXXXXXXX XXXXXXXX XX XXXX XXXXXXXXX XX XXXXXX XX
12/09/2009 - R
12/01/2009 - D		 Deed
(2009120301114001)		 XXXXXXXX XXXXXXXX XXXXXXX XXX
02/17/1998 - R Assignment, Mortgage
(3490005940749)		 XXXX XXXXXXXX XXXXXXX XXXX XX XXXXXXXX XXXXXXXXXXX
12/12/1988 - R Assignment, Mortgage
(3330001417133)		 XXXXXXX XXXX XXXX XXX XXXXXX XXXXXXX XXXXXX
11/21/1985 - R Satisfaction of Mortgage
(3750001127075)		 XXXXX XXXXXX X XXXXXXX XXXXX XX
10/25/1985 - R Mortgage
(3530001121253)		 XXXXXXXX XXXXXXXX XXXX XXXXXXX XXXX
10/25/1985 - R Deed
(3510001121251)		 XXXXX XXXXXX X XXXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 Eastern Parkway, 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
$8,389
Municipal exemptions
Recent tax assessments
Market value
$1,877,000
Assessed value
$112,620

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 $1,643,000 $98,580 $39,884 19.843% $7,914 $7,914 +3.70%
2024/25 $1,298,000 $77,880 $37,998 20.085% $7,632 $7,632 +4.91%
2023/24 $1,593,000 $95,580 $36,220 20.085% $7,275 $7,275 -1.10%
2022/23 $1,304,000 $78,240 $36,220 20.309% $7,356 $7,356 +2.36%
2021/22 $1,430,000 $85,800 $35,996 19.963% $7,186 $7,186 +22.97%
2020/21 $1,333,000 $79,980 $27,768 21.045% $5,844 $5,844 +5.39%
2019/20 $1,254,000 $75,240 $26,197 21.167% $5,545 $5,545 +7.25%
2018/19 $1,679,000 $100,740 $24,715 20.919% $5,170 $5,170 +2.62%
2017/18 $1,064,000 $63,840 $24,715 20.385% $5,038 $5,038 +2.75%
2016/17 $948,000 $56,880 $24,528 19.991% $4,903 $4,903 +8.37%
Permits

Permit information for 505 Eastern Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/19/2025 Alteration
06/10/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
03/10/2026 C
03/10/2026 A
04/13/2021 B

*Most recent HPD violations on record for this property.

Neighborhood

Crown Heights North residential market stats

Access a detailed real estate market overview of Crown Heights North so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Crown Heights North 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Nostrand Ave & Eastern Pkwy at SW Corner
Station lines
3
Distance (miles)
0.057
View subway map

Access the detailed traffic volume map for 505 Eastern Parkway, Brooklyn, NY 11216 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. 138 6 Yes Public PK, K-8 414 0.25
P.S. 138 6 Yes Public PK, K-8 414 0.25
Epiphany Lutheran School NR No Private PK, K-8 167 0.07
Epiphany Lutheran School NR No Private PK, K-8 167 0.07
Rainbow Campus NR No Private K-6 29 0.11
Carmel Christian School NR No Private PK, K-8 0 0.16
Carmel Christian School NR No Private PK, K-8 0 0.16
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
The School Of Integrated Learning 7 Yes Public 6-8 199 0.76
Epiphany Lutheran School NR No Private PK, K-8 167 0.07
Carmel Christian School NR No Private PK, K-8 0 0.16
Carmel Christian School NR No Private K-9 51 0.17
German School Brooklyn NR No Private PK, K-8 195 0.17
MACADEMY School of Science & Technology NR No Private PK, K-8 0 0.18
Medgar Evers College Preparatory School 7 No Public 6-12 1,351 0.23
P.S. 138 6 No Public PK, K-8 414 0.25
Success Academy Crown Heights 9 No Charter K-8 787 0.32
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Aspirations Diploma Plus High School NR No Public 9-12 199 0.19
W E B Dubois Academic High School NR No Public 9-12 114 0.21
Medgar Evers College Preparatory School 7 No Public 6-12 1,351 0.23
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL NR No Public 9-12 143 0.26
Educational Institute Onolei NR No Private PK, K-12 0 0.28
Educational Institute Oholei Torah-Oholei Menachem NR No Private K-12 1,500 0.30
Beth Rivka High School NR No Private 9-12 504 0.32
Associated Beth Rivkah Schools NR No Private PK-12 0 0.32
Educational Inst Oholei Torah NR No Private PK-12 1,202 0.46
High School For Global Citizenship 4 No Public 9-12 221 0.53

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

Neighbors for 505 Eastern Parkway, Brooklyn, NY

469 Eastern Pkwy, Brooklyn 525 Eastern Pkwy, Brooklyn 782 Lincoln Pl, Brooklyn 519 Eastern Pkwy, Brooklyn 461 Eastern Pkwy, Brooklyn 481 Eastern Pkwy, Brooklyn 515 Eastern Pkwy, Brooklyn 521 Eastern Pkwy, Brooklyn 503 Eastern Pkwy, Brooklyn 489 Eastern Pkwy, Brooklyn 734 Lincoln Pl, Brooklyn 497 Eastern Pkwy, Brooklyn 465 Eastern Pkwy, Brooklyn 457 Eastern Pkwy, Brooklyn 511 Eastern Pkwy, Brooklyn 820 Nostrand Ave, Brooklyn 778 Lincoln Pl, Brooklyn 455 Eastern Pkwy, Brooklyn 824 Nostrand Ave, Brooklyn 776 Lincoln Pl, Brooklyn

Nearby ZIP codes for 505 Eastern Parkway, Brooklyn, NY

10002, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 505 Eastern Parkway, Brooklyn, NY 11216?

The development at 505 Eastern Parkway, Brooklyn, NY 11216 was built in 1901.

What is the total square footage of 505 Eastern Parkway, Brooklyn, NY 11216?

505 Eastern Parkway, Brooklyn, NY 11216 has a total of 2,208 square feet.

When was 505 Eastern Parkway, Brooklyn, NY 11216 last sold and what was the sale price?

505 Eastern Parkway, Brooklyn, NY 11216 was last sold on 04/03/2019 for $1,750,000.

What is the assessed value of 505 Eastern Parkway, Brooklyn, NY 11216?

505 Eastern Parkway, Brooklyn, NY 11216 is currently assessed at $112,620.

What are the property taxes for 505 Eastern Parkway, Brooklyn, NY 11216?

The property taxes for 505 Eastern Parkway, Brooklyn, NY 11216 total $8,389.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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