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500 Montgomery Street, Brooklyn, NY 11225 Property Information

500 Montgomery Street, Brooklyn, NY 11225 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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500 Montgomery Street, Brooklyn, NY 11225 1
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Address

Primary address 500 Montgomery Street
Secondary address 490-500 Montgomery St
Neighborhood Crown Heights
Zip code 11225
Borough Brooklyn
Block & lot 01309-0049

Sales & Tax Overview for 500 Montgomery Street, Brooklyn

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Purchase date 09/26/2011
Purchase price $4,299,998
Tax class

Lot & Building Information for 500 Montgomery Street, Brooklyn

Lot sq. ft. 10,000
Lot dimensions 100 ft x 100 ft
Property type Over Six Families without Stores (C1)
Building sqft 32,800
Building dimensions 100 ft x 90 ft
Buildings on lot 1
Stories 4
Year built 1925
Year last altered 1990
Construction type
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Zoning & Use for 500 Montgomery Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 39
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 9
Closest police station 0.01 Miles
Closest fire station 0.39 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 500 Montgomery Street, Brooklyn

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Floor area ratio (FAR) for 500 Montgomery Street, Brooklyn, NY 11225, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 500 Montgomery Street, Brooklyn, NY 11225, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 490-500 Montgomery St, Brooklyn, NY 11225
  • 424 New York Ave, Brooklyn, NY 11225

About 500 Montgomery Street, Brooklyn

What is the year built & the total sq. ft. for 500 Montgomery Street, Brooklyn, NY 11225?

500 Montgomery Street, Brooklyn, NY 11225 was built in 1925 and has a total of 32,800 square feet.

What is the assessed value of 500 Montgomery Street, Brooklyn, NY 11225?

The assessed market value for the current tax year is $849,600.

When was 500 Montgomery Street, Brooklyn, NY 11225 last sold and what was the last sale price?

500 Montgomery Street, Brooklyn, NY 11225 was last sold in 09/26/2011 for $4,299,998.

How many residential units does this building have?

This building has 39 residential unit(s).

Ownership Information for 500 Montgomery Street, Brooklyn

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Property owner name for 500 Montgomery Street, Brooklyn, NY 11225
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Building contacts for 500 Montgomery Street, Brooklyn, NY 11225
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 500 Montgomery Street, Brooklyn

Create a free account to view the complete sales history for 500 Montgomery Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/26/2011 $4,299,998

Title Documents for 500 Montgomery Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
11/09/2018 - R Initial UCC1
(2018110501154001)
06/10/2013 - R UCC3 Continuation
(2013060500917001)
10/14/2011 - R Initial UCC1
(2011100401550002)
10/14/2011 - R Initial UCC1
(2011100401550001)
09/26/2011 - D
10/31/2011 - R
Assignment of Leases and Rents
(2011100401516006)
09/26/2011 - D
10/31/2011 - R
Mortgage
(2011100401516005)
09/26/2011 - D
10/31/2011 - R
Mortgage
(2011100401516004)
09/26/2011 - D
10/31/2011 - R
Agreement
(2011100401516003)
09/26/2011 - D
10/31/2011 - R
Agreement
(2011100401516002)
09/26/2011 - D
10/31/2011 - R
Deed
(2011100401516001)
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R: Recorded date
D: Document date

Property Taxes for 500 Montgomery Street, Brooklyn

Access detailed property tax data for 500 Montgomery Street, Brooklyn, NY 11225. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $1,888,000
Assessed value: $849,600
Exemptions granted by city:

Assessment History for 500 Montgomery Street, Brooklyn

Here's the assessment & property tax history for 500 Montgomery Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,888,000 $849,600 $0 12.439% $94,341 $0 n/a
2024/25 $1,809,000 $814,050 $0 12.5% $91,688 $0 n/a
2023/24 $1,711,000 $769,950 $0 12.502% $87,381 $0 n/a
2022/23 $1,633,000 $734,850 $0 12.267% $82,018 $0 n/a
2021/22 $1,386,000 $623,700 $623,700 12.235% $76,310 $76,310 +4.98%

Permits for 500 Montgomery Street, Brooklyn

The complete history of permits filed for 500 Montgomery Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
08/23/2024 Alteration
07/16/2021 Alteration
06/29/2021 Alteration
06/29/2021 Alteration
01/14/2021 Alteration
01/14/2021 Alteration
12/23/2016 Alteration type 3
10/31/2011 Alteration type 3
01/29/1992 Alteration type 2
04/16/1991 Alteration type 3
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Sterling St at NE Corner
Station lines 2-5
Distance (miles) 0.171
View subway map
Bus Routes
Name New York Av/Montgomery St
Line B44
Distance (miles) 0.04

Neighbors for 500 Montgomery Street, Brooklyn

Here are the neighbors for 500 Montgomery Street, Brooklyn, NY 11225.

Address Square feet Purchase date Purchase price
436 New York Ave, Brooklyn 39,712 01/07/2014 $8,800,000
448 New York Ave, Brooklyn 4,200 07/07/1986
460 Malbone St, Brooklyn 73,292
488 Montgomery St, Brooklyn 3,840 05/07/2024
454 Montgomery St, Brooklyn 4,100 08/22/1996
967 Nostrand Ave, Brooklyn 04/18/1986
399 Empire Blvd, Brooklyn 05/06/2011 $385,000
381 Empire Blvd, Brooklyn 4,700 12/15/1994
470 Montgomery St, Brooklyn 52,204 09/26/2011 $4,299,998
444 Montgomery St, Brooklyn 4,100 05/10/2002
450 Montgomery St, Brooklyn 4,100 09/12/1996
403 Empire Blvd, Brooklyn 2,500 09/08/2022
395 Empire Blvd, Brooklyn 3,179 04/30/2014
48 Clove Rd, Brooklyn 3,366 12/17/2025
397 Empire Blvd, Brooklyn 04/08/2014 $345,000
456 Montgomery St, Brooklyn 4,100 07/02/2004
357 Empire Blvd, Brooklyn 18,000 01/03/1984
482 Montgomery St, Brooklyn 3,840 09/28/2023
353 Empire Blvd, Brooklyn 5,000 11/02/2010 $910,000
448 Montgomery St, Brooklyn 4,100
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