Kings  »  11225  »  Eastern Pkwy  »  506 Eastern Pkwy

506 Eastern Parkway, Brooklyn, NY 11225 - Property report

Also known as: 506 Eastern Pkwy

Property image for 506 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

$1,600,000 - M

General information

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Address
Primary address
506 Eastern Parkway
ZIP code
11225
Neighborhood
Crown Heights
Borough
Brooklyn
Block & lot
01268-0023

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
08/26/2003
Sale price
$1,600,000 - M
Tax
Tax year
2026-2027
Property tax
$43,571
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
16
Residential sq. ft.
Office sq. ft.
Retail 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
0.36 Miles
Closest fire station
0.57 Miles

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

Ownership

Ownership information for 506 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 506 Eastern Parkway, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
08/26/2003 $1,600,000 XXXXX & XXXXX XXXXXX, XXX. XXXXX, XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/28/2004 - R
02/28/2004 - D		 Deed
(2004031001226001)		 XXXXX XXXXX XXXXXX XXX XXXXX XXXXX XXXXXX XXX
12/01/2003 - R Release of Estate Tax Lien
(2003082802008002)		 XXXXX XXXXXX X
05/12/2004 - R
09/23/2003 - D		 UCC3 Termination
(2003100801195001)		 XXXXX XXXXXX XXXX XXXXXXX XXX XXX
12/01/2003 - R
08/26/2003 - D		 Deed, Other
(2003082802008001)		 XXXXX XXXXXXX XXXXX XXXXX XXXXXX XXX
08/08/2003 - R Initial UCC1
(2003080700820002)		 XXXXX XXXXXX XXXX XXXXXXX XXX XXX
07/01/1999 - R
01/29/1999 - D		 Deed
(3620006671862)		 XXXXX XXXXXX XXXXX XXXXXX
10/01/1984 - R UCC1
(3450001833245)		 XXXXX XXXXXX X
08/09/1984 - R Agreement
(3560001034456)		 XXXX XXXXX XX XXXXXXXXX XXXXX XXXXXX X
02/08/1984 - R Satisfaction of Mortgage
(3900001001990)		 XXXXX XXXXXXX X XXXXXXX XXXXXXXX XXX
04/22/1980 - D
04/22/1980 - R		 Landmark Designation
(38030115401613)		 XXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 506 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
$43,571
Municipal exemptions
Recent tax assessments
Market value
$859,000
Assessed value
$386,550

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 $809,000 $364,050 $326,880 12.439% $40,661 $40,661 +1.90%
2024/25 $787,000 $354,150 $319,230 12.5% $39,904 $39,904 +6.37%
2023/24 $731,000 $328,950 $300,060 12.502% $37,514 $37,514 +7.22%
2022/23 $706,000 $317,700 $285,210 12.267% $34,987 $34,987 +6.09%
2021/22 $599,000 $269,550 $269,550 12.235% $32,979 $32,979 +2.12%
2020/21 $724,000 $325,800 $263,250 12.267% $32,293 $32,293 +6.50%
2019/20 $574,000 $258,300 $243,090 12.473% $30,321 $30,321 +5.79%
2018/19 $566,000 $254,700 $227,250 12.612% $28,661 $28,661 +9.24%
2017/18 $535,000 $240,750 $206,280 12.719% $26,237 $26,237 +14.26%
2016/17 $526,000 $236,700 $178,110 12.892% $22,962 $22,962 +19.66%
Permits

Permit information for 506 Eastern Parkway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/03/2025 Alteration
03/21/2025 Alteration
11/09/2024 Alteration
09/30/2003 Alteration type 2
08/14/1998 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
02/13/2004 Ll6291-local law 62/91 - boilers
03/19/2003 Ll6291-local law 62/91 - boilers
03/26/2002 Ll6291-local law 62/91 - boilers

*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

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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)
0.056
View subway map

Access the detailed traffic volume map for 506 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 506 Eastern Parkway, Brooklyn, NY

512 Eastern Pkwy, Brooklyn 520 Eastern Pkwy, Brooklyn 1247 Union St, Brooklyn 426 Eastern Pkwy, Brooklyn 522 Eastern Pkwy, Brooklyn 1239 Union St, Brooklyn 516 Eastern Pkwy, Brooklyn 518 Eastern Pkwy, Brooklyn 834 Nostrand Ave, Brooklyn 500 Eastern Pkwy, 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 1245 Union St, Brooklyn 486 Eastern Pkwy, Brooklyn 1241 Union St, Brooklyn 436 Eastern Pkwy, Brooklyn

Nearby ZIP codes for 506 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 506 Eastern Parkway, Brooklyn, NY 11225?

The development at 506 Eastern Parkway, Brooklyn, NY 11225 was built in 1914.

What is the total square footage of 506 Eastern Parkway, Brooklyn, NY 11225?

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

When was 506 Eastern Parkway, Brooklyn, NY 11225 last sold and what was the sale price?

506 Eastern Parkway, Brooklyn, NY 11225 was last sold on 08/26/2003 for $1,600,000 - M.

What is the assessed value of 506 Eastern Parkway, Brooklyn, NY 11225?

506 Eastern Parkway, Brooklyn, NY 11225 is currently assessed at $386,550.

What are the property taxes for 506 Eastern Parkway, Brooklyn, NY 11225?

The property taxes for 506 Eastern Parkway, Brooklyn, NY 11225 total $43,571.

How many residential units does this building have?

This building has 16 residential unit(s).

Disclaimer

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