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508 Marion Street, Brooklyn, NY 11233 Property Information

508 Marion Street, Brooklyn, NY 11233 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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508 Marion Street, Brooklyn, NY 11233 1
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Address

Primary address 508 Marion Street
Neighborhood Ocean Hill
Zip code 11233
Borough Brooklyn
Block & lot 01522-0037

Sales & Tax Overview for 508 Marion Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 11/04/2013
Purchase price $325,000
Tax class
Estimated property tax $2,217

Lot & Building Information for 508 Marion Street, Brooklyn

Lot sqft 1,280
Lot dimensions 16 ft x 80 ft
Building class Primarily One Family with One Store or Office (S1) i
Building sqft 1,920
Building dimensions 16 ft x 60 ft
Buildings on lot 1
Stories 2
Year built 1925
Year last altered 2003
Construction type
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Zoning & Use for 508 Marion Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 1
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 23
Community district 16
Closest police station 0.76 Miles
Closest fire station 0.11 Miles

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

Other Property Data for 508 Marion Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 508 Marion Street, Brooklyn, NY 11233, 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 508 Marion Street, Brooklyn, NY 11233, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 508 Marion Street, Brooklyn

How many square feet does 508 Marion Street, Brooklyn, NY 11233 have?

This Primarily One Family with One Store or Office (S1) located at 508 Marion Street, Brooklyn, NY 11233 has a total of 1,920 square feet.

What is the year built & the current market value of 508 Marion Street, Brooklyn, NY 11233?

508 Marion Street, Brooklyn, NY 11233 was built in 1925 and has a current tax assessor's market value of $602,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 508 Marion Street, Brooklyn

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Property owner name for 508 Marion Street, Brooklyn, NY 11233
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Building contacts for 508 Marion Street, Brooklyn, NY 11233
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 508 Marion Street, Brooklyn

Create a free account to view the complete sales history for 508 Marion Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/04/2013 $325,000
05/11/2006 $350,000
       
       
       
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Title Documents for 508 Marion Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/27/2024 - D
04/05/2024 - R
Assignment, Mortgage
(2024040300939002)
03/27/2024 - D
04/05/2024 - R
Assignment, Mortgage
(2024040300939001)
05/22/2023 - D
06/13/2023 - R
Partial Release of Mortgage
(2023061300489003)
05/22/2023 - D
06/13/2023 - R
Assignment of Leases and Rents
(2023061300489002)
05/22/2023 - D
06/13/2023 - R
Mortgage
(2023061300489001)
04/24/2023 - D
05/10/2023 - R
Termination of Assign of L&R
(2023050900861005)
04/24/2023 - D
05/10/2023 - R
Assignment, Mortgage
(2023050900861001)
06/16/2016 - R Initial UCC1
(2016060900735007)
06/07/2016 - D
06/16/2016 - R
Assignment of Leases and Rents
(2016060900735006)
06/07/2016 - D
06/16/2016 - R
Agreement
(2016060900735005)
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R: Recorded date
D: Document date

Property Taxes for 508 Marion Street, Brooklyn

Access detailed property tax data for 508 Marion Street, Brooklyn, NY 11233. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $2,218
Estimated property tax: $2,217
Tax assessor's market value: $602,000
Assessed value: $36,120

Assessment History for 508 Marion Street, Brooklyn

Here's the assessment & property tax history for 508 Marion 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 $602,000 $36,120 $11,176 19.843% $2,218 $2,218 -0.42%
2024/25 $591,000 $35,460 $11,088 20.085% $2,227 $2,227 +5.97%
2023/24 $705,000 $42,300 $10,463 20.085% $2,101 $2,101 +4.83%
2022/23 $743,000 $44,580 $9,871 20.309% $2,005 $2,005 +7.84%
2021/22 $636,000 $38,160 $9,313 19.963% $1,859 $1,859 -5.15%

Permits for 508 Marion Street, Brooklyn

The complete history of permits filed for 508 Marion 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
11/18/2003 Alteration type 2
11/07/2003 Alteration type 2
         
         
         
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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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% 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 Moffat St & Broadway at NW Corner
Station lines J-Z
Distance (miles) 0.156
View subway map
Bus Routes
Name Broadway/Granite St
Line Q24
Distance (miles) 0.027

Neighbors for 508 Marion Street, Brooklyn

Here are the neighbors for 508 Marion Street, Brooklyn, NY 11233.

Address Square feet Purchase date Purchase price
389 Sumpter St, Brooklyn 5,249 05/02/2024
500 Marion St, Brooklyn 2,700 11/19/2021
496 Marion St, Brooklyn 2,700 09/16/2014
387 Sumpter St, Brooklyn 3,975 02/21/2017
502 Marion St, Brooklyn 2,700 06/12/2019 $534,000
498 Marion St, Brooklyn 2,700 09/29/2006 $530,000
494 Marion St, Brooklyn 3,600 07/31/2017
486 Marion St, Brooklyn 2,700 04/08/1994
397 Sumpter St, Brooklyn 1,168 04/05/1995
391 Sumpter St, Brooklyn 2,600 10/15/2021
506 Marion St, Brooklyn 7,680 05/05/1995
492 Marion St, Brooklyn 2,700 05/01/2023
488 Marion St, Brooklyn 2,700 05/23/2012 $523,900
510 Marion St, Brooklyn 1,920 03/09/2022
393 Sumpter St, Brooklyn 1,168 04/02/2018 $850,000
399 Sumpter St, Brooklyn 1,168 11/18/1974
512 Marion St, Brooklyn 1,908 01/19/2022 $650,000
490 Marion St, Brooklyn 2,700 05/01/2023
395 Sumpter St, Brooklyn 1,168 02/17/2020
385 Sumpter St, Brooklyn 3,975 05/28/2021
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