Kings  »  11225  »  Eastern Pkwy  »  500 Eastern Pkwy

500 Eastern Parkway, Brooklyn, NY 11225 - Property report

Also known as: 500 Eastern Pkwy

Property image for 500 Eastern Parkway, Brooklyn, NY 11225
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Property type

Over Six Families without Stores (C1)

Year built

1914

Lot sq. ft.

6,600

Sale price

$2,000,000

General information

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Address
Primary address
500 Eastern Parkway
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01268-0021

Owner

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Building
Property type
Over Six Families without Stores (C1)
Building sq. ft.
18,200
Building dimensions
50 ft x 91 ft
Buildings on lot
1
Stories
4
Year built
1914
Building material
Sales
Sale date
02/09/2023
Sale price
$2,000,000
Tax
Tax year
2026-2027
Property tax
$57,711
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
16
Residential sq. ft.
Lot
Lot dimensions
50 ft x 132 ft
Lot sq. ft.
6,600

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.37 Miles
Closest fire station
0.56 Miles

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

Ownership

Ownership information for 500 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 500 Eastern Parkway, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
02/09/2023 $2,000,000 XX XXX XXX XXX XXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/27/2023 - R Initial UCC1
(2023022200360002)		 XX XXX XXX XXXXXXXX XXXXXXX XXX
02/27/2023 - R UCC3 Termination
(2023022200360001)		 XXX XXXX XXX XXX XXXXXXX XXXXXXX XXX
02/22/2023 - R
02/09/2023 - D		 Termination of Assign of L&R
(2023021400082005)		 XXX XXXXXXX XXXXXXX XXX
02/22/2023 - R
02/09/2023 - D		 Assignment of Leases and Rents
(2023021400082004)		 XX XXX XXX XXXXXXXX XXXXXXX XXX
02/22/2023 - R
02/09/2023 - D		 Agreement
(2023021400082003)		 XX XXX XXX XXXXXXXX XXXXXXX XXX
02/22/2023 - R
02/09/2023 - D		 Assignment, Mortgage
(2023021400082002)		 XXX XXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXX XXX
02/22/2023 - R
02/09/2023 - D		 Deed
(2023021400082001)		 XXX XXXX XXX XX XXX XXX
03/24/2020 - R
03/02/2020 - D		 Discharge of Tax Lien
(2020031800297001)		 XXX XXXX XX XXX XXXX XXXXXX
10/30/2019 - R
10/24/2019 - D		 Tax Lien Sale Certificate
(2019102901254001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
08/12/2019 - R Initial UCC1
(2019080601422004)		 XXX XXXX XXX XXX XXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 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
$57,711
Municipal exemptions
Recent tax assessments
Market value
$1,031,000
Assessed value
$463,950

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 $1,175,000 $528,750 $447,570 12.439% $55,673 $55,673 +4.56%
2024/25 $1,050,000 $472,500 $425,970 12.5% $53,246 $53,246 +6.08%
2023/24 $998,000 $449,100 $401,490 12.502% $50,194 $50,194 +9.87%
2022/23 $946,000 $425,700 $372,420 12.267% $45,685 $45,685 +7.54%
2021/22 $804,000 $361,800 $347,220 12.235% $42,482 $42,482 +5.16%
2020/21 $935,000 $420,750 $329,310 12.267% $40,396 $40,396 +14.79%
2019/20 $778,000 $350,100 $282,150 12.473% $35,193 $35,193 +12.95%
2018/19 $675,000 $303,750 $247,050 12.612% $31,158 $31,158 +13.84%
2017/18 $666,000 $299,700 $215,190 12.719% $27,370 $27,370 +16.49%
2016/17 $605,000 $272,250 $182,250 12.892% $23,496 $23,496 +17.95%
Permits

Permit information for 500 Eastern Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/01/2024 Alteration
12/09/2021 Alteration
12/09/2021 Alteration
08/01/1991 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*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
Nostrand Ave & Eastern Pkwy at SW Corner
Station lines
3
Distance (miles)
0.065
View subway map

Access the detailed traffic volume map for 500 Eastern Parkway, Brooklyn, NY 11225 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 Eastern Parkway, Brooklyn, NY

512 Eastern Pkwy, Brooklyn 520 Eastern Pkwy, Brooklyn 1247 Union St, Brooklyn 426 Eastern Pkwy, Brooklyn 522 Eastern Pkwy, Brooklyn 420 Eastern Pkwy, Brooklyn 516 Eastern Pkwy, Brooklyn 518 Eastern Pkwy, Brooklyn 834 Nostrand Ave, Brooklyn 464 Eastern Pkwy, Brooklyn 476 Eastern Pkwy, Brooklyn 458 Eastern Pkwy, Brooklyn 1195 Union St, Brooklyn 470 Eastern Pkwy, Brooklyn 450 Eastern Pkwy, Brooklyn 506 Eastern Pkwy, Brooklyn 1245 Union St, Brooklyn 486 Eastern Pkwy, Brooklyn 1241 Union St, Brooklyn 436 Eastern Pkwy, Brooklyn

Nearby ZIP codes for 500 Eastern Parkway, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, 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 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, 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 500 Eastern Parkway, Brooklyn, NY 11225?

The development at 500 Eastern Parkway, Brooklyn, NY 11225 was built in 1914.

What is the total square footage of 500 Eastern Parkway, Brooklyn, NY 11225?

500 Eastern Parkway, Brooklyn, NY 11225 has a total of 18,200 square feet.

When was 500 Eastern Parkway, Brooklyn, NY 11225 last sold and what was the sale price?

500 Eastern Parkway, Brooklyn, NY 11225 was last sold on 02/09/2023 for $2,000,000.

What is the assessed value of 500 Eastern Parkway, Brooklyn, NY 11225?

500 Eastern Parkway, Brooklyn, NY 11225 is currently assessed at $463,950.

What are the property taxes for 500 Eastern Parkway, Brooklyn, NY 11225?

The property taxes for 500 Eastern Parkway, Brooklyn, NY 11225 total $57,710.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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