New York City  »  11225  »  New York Ave  »  501 New York Ave

501 New York Avenue, Brooklyn, NY 11225 - Property report

Also known as: 405-413 Lefferts Ave

Property image for 501 New York Avenue, Brooklyn, NY 11225
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

1952

Lot sq. ft.

19,320

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
501 New York Avenue
Alternate address(es)
396 Sterling St
405-413 Lefferts Ave
489-511 New York Ave
ZIP code
11225
Neighborhood
Wingate
Borough
Brooklyn
Block & lot
01322-0001

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
68,220
Building dimensions
200 ft x 94.67 ft
Buildings on lot
1
Stories
6
Year built
1952
Building material
Tax
Tax year
2026-2027
Property tax
$336,357
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
84
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
200 ft x 104.08 ft
Lot sq. ft.
19,320

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
76 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.07 Miles
Closest fire station
0.32 Miles

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

Ownership information for 501 New York Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 501 New York Avenue, Brooklyn, NY 11225

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/16/2026 - R UCC3 Amendment
(2026011600698001)
XXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/17/2025 - R UCC3 Amendment
(2025091600984001)
XXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/10/2020 - R UCC3 Termination
(2020120800037006)
XXX XX XXX XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
12/10/2020 - R Initial UCC1
(2020120800037005)
XXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/10/2020 - R
11/12/2020 - D
Assignment, Mortgage
(2020120800037004)
XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXX XXX
12/10/2020 - R
11/12/2020 - D
Agreement
(2020120800037003)
XXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/10/2020 - R
11/12/2020 - D
Mortgage
(2020120800037002)
XXX XX XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
12/10/2020 - R
11/12/2020 - D
Assignment, Mortgage
(2020120800037001)
XXXXXXXX XXXXXXXX XXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/07/2016 - R Initial UCC1
(2016083001299001)
XXX XX XXX XXXXXXX XXXX
06/22/2012 - R
06/07/2012 - D
Partial Release of Mortgage
(2012061900863003)
XXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX XXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 501 New York 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
$336,357
Municipal exemptions
Recent tax assessments
Market value
$6,009,000
Assessed value
$2,704,050

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 $6,370,000 $2,866,500 $2,711,880 12.439% $337,331 $337,331 -1.91%
2024/25 $6,114,000 $2,751,300 $2,751,300 12.5% $343,913 $343,913 +0.97%
2023/24 $6,054,000 $2,724,300 $2,724,300 12.502% $340,592 $340,592 +4.05%
2022/23 $5,930,000 $2,668,500 $2,668,500 12.267% $327,345 $327,345 +4.97%
2021/22 $5,664,000 $2,548,800 $2,548,800 12.235% $311,846 $311,846 -17.20%
2020/21 $8,340,000 $3,753,000 $3,070,350 12.267% $376,640 $376,640 +10.48%
2019/20 $7,289,000 $3,280,050 $2,733,210 12.473% $340,913 $340,913 +11.18%
2018/19 $6,951,000 $3,127,950 $2,431,350 12.612% $306,642 $306,642 +11.57%
2017/18 $6,079,000 $2,735,550 $2,160,900 12.719% $274,845 $274,845 +9.63%
2016/17 $5,456,000 $2,455,200 $1,944,630 12.892% $250,702 $250,702 +7.94%

Permit information for 501 New York Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/23/2026 Alteration
06/29/2022 Alteration
10/03/2000 Alteration type 2
11/27/1991 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2023 Lblvio-low pressure boiler boiler required
05/11/2022 Aeuhaz1-fail to certify class 1 none
02/23/2021 E-elevator

*Most recent DOB violations on record for this property.

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 & Sterling St at NE Corner
Station lines
2-5
Distance (miles)
0.16

Access the detailed traffic volume map for 501 New York Avenue, 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

Frequently asked questions

What is the year built for 501 New York Avenue, Brooklyn, NY 11225?

The development at 501 New York Avenue, Brooklyn, NY 11225 was built in 1952.

What is the market value of 501 New York Avenue, Brooklyn, NY 11225?

The current market value of 501 New York Avenue, Brooklyn, NY 11225 is $6,009,000.

What is the total square footage of 501 New York Avenue, Brooklyn, NY 11225?

501 New York Avenue, Brooklyn, NY 11225 has a total of 68,220 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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