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516 Monroe Street, Brooklyn, NY 11221 Property Information

516 Monroe Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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516 Monroe Street, Brooklyn, NY 11221 1
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Address

Primary address 516 Monroe Street
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01639-0025

Sales & Tax Overview for 516 Monroe Street, Brooklyn

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

Purchase date 09/15/2021
Purchase price $1,650,000
Tax class
Estimated property tax $5,374

Lot & Building Information for 516 Monroe Street, Brooklyn

Lot sq. ft. 2,000
Lot dimensions 20 ft x 100 ft
Property type Three Families (C0)
Building sqft 3,200
Building dimensions 20 ft x 40 ft
Buildings on lot 1
Stories 3
Structure type Brownstone
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1905
Year last altered 2014
Frontage(s) Monroe Street (narrow)
Nearest wide street Marcus Garvey Boulevard
Distance to wide street
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Zoning & Use for 516 Monroe Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
86 /100. Very Walkable
Transit Score
97 /100. Rider's Paradise
Bike Score
72 /100. Very Bikeable

School district 16
Community district 3
Closest police station 0.39 Miles
Closest fire station 0.16 Miles

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

Other Property Data for 516 Monroe Street, Brooklyn

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Floor area ratio (FAR) for 516 Monroe Street, Brooklyn, NY 11221, 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 516 Monroe Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 516 Monroe Street, Brooklyn

What is the year built & the total sq. ft. for 516 Monroe Street, Brooklyn, NY 11221?

516 Monroe Street, Brooklyn, NY 11221 was built in 1905 and has a total of 3,200 square feet.

What is the assessed value of 516 Monroe Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $130,140, the tax amount paid for 516 Monroe Street, Brooklyn, NY 11221 is $5,374. For the next year, the tax amount for 516 Monroe Street, Brooklyn, NY 11221 is estimated at $5,374.

When was 516 Monroe Street, Brooklyn, NY 11221 last sold and what was the last sale price?

516 Monroe Street, Brooklyn, NY 11221 was last sold in 09/15/2021 for $1,650,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 516 Monroe Street, Brooklyn

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Property owner name for 516 Monroe Street, Brooklyn, NY 11221
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Building contacts for 516 Monroe Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
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Past Sales & Property History for 516 Monroe Street, Brooklyn

Create a free account to view the complete sales history for 516 Monroe Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/15/2021 $1,650,000

Title Documents for 516 Monroe Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
12/04/2023 - D
01/24/2024 - R		 Assignment of Leases and Rents
(2024012300361002)
12/04/2023 - D
01/24/2024 - R		 Mortgage
(2024012300361001)
07/21/2023 - D
07/24/2023 - R		 Assignment of Leases and Rents
(2023072100524002)
07/21/2023 - D
07/24/2023 - R		 Mortgage
(2023072100524001)
09/28/2021 - D
10/15/2021 - R		 Satisfaction of Mortgage
(2021100500223001)
09/28/2021 - D
10/05/2021 - R		 Satisfaction of Mortgage
(2021093000253001)
09/15/2021 - D
09/27/2021 - R		 Deed
(2021092200903001)
10/08/2020 - D
10/28/2020 - R		 Assignment, Mortgage
(2020102600722001)
04/28/2019 - D
05/17/2019 - R		 Deed
(2019051300252001)
05/18/2016 - D
06/13/2016 - R		 Mortgage
(2016060601263001)
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R: Recorded date
D: Document date

Property Taxes for 516 Monroe Street, Brooklyn

Access detailed property tax data for 516 Monroe Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,375
Estimated property tax: $5,374
Tax assessor's market value: $2,169,000
Assessed value: $130,140

More about New York City Property Taxes

Assessment History for 516 Monroe Street, Brooklyn

Here's the assessment & property tax history for 516 Monroe 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 $2,169,000 $130,140 $27,086 19.843% $5,375 $5,375 -0.28%
2024/25 $1,888,000 $113,280 $26,836 20.085% $5,390 $5,390 +5.96%
2023/24 $1,832,000 $109,920 $25,326 20.085% $5,087 $5,087 +4.83%
2022/23 $1,696,000 $101,760 $23,893 20.309% $4,852 $4,852 +15.01%
2021/22 $1,637,000 $98,220 $21,132 19.963% $4,506 $4,219 -5.27%
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Permits for 516 Monroe Street, Brooklyn

The complete history of permits filed for 516 Monroe 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
09/26/2014 Alteration type 2
         
         
         
         
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More about New York City Property Records

Bedford-Stuyvesant Residential Market Stats

Access a detailed real estate market overview of Bedford-Stuyvesant so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Bedford-Stuyvesant and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$1,278,806
16.3% YoY
Median Price/Sqft
$882
-12.8% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 Throop Ave & Fulton St at NE Corner
Station lines A-C
Distance (miles) 0.497
View subway map
Bus Routes
Name Lewis Av/Madison St
Line B15
Distance (miles) 0.071

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 308 Clara Cardwell 3 Yes Public PK, K-8 212 0.14
P.S. 308 Clara Cardwell 3 Yes Public PK, K-8 212 0.14
The Co-Op School NR No Private K-7 118 0.12
Ember Charter School 7 No Charter K-12 423 0.14
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.21
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The Co-Op School NR No Private K-7 118 0.12
Ember Charter School 7 No Charter K-12 423 0.14
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.14
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.21
Uncommon Bed-Stuy East Middle School 7 No Charter 5-8 342 0.27
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Boys and Girls High School 2 Yes Public 9-12 403 0.63
Ember Charter School 7 No Charter K-12 423 0.14
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.21
Mount Pleasant Christian Academy NR No Private 1-12 0 0.39
Brooklyn Emerging Leaders Academy Charter School 2 No Charter 9-12 236 0.39
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 516 Monroe Street, Brooklyn

Here are the neighbors for 516 Monroe Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
504 Monroe St, Brooklyn 2,400 10/14/2022 $1,475,000
522 Monroe St, Brooklyn 3,200 12/13/2019 $1,300,000
520 Monroe St, Brooklyn 3,200 02/01/2002
532 Monroe St, Brooklyn 3,200 10/31/2025 $2,385,000
506 Monroe St, Brooklyn 2,400 04/30/2021 $1,350,000
498 Monroe St, Brooklyn 2,400 07/02/2024 $1,852,500
500 Monroe St, Brooklyn 2,400 09/14/2001
518 Monroe St, Brooklyn 3,120 06/19/1997
536 A Monroe St, Brooklyn 3,120 03/13/2024 $1,430,000
510 Monroe St, Brooklyn 2,400 11/11/2015
524 Monroe St, Brooklyn 3,200 06/07/2022
512 Monroe St, Brooklyn 2,400 09/21/1984
508 Monroe St, Brooklyn 2,400 12/02/1992
496 Monroe St, Brooklyn 2,280 03/31/2008 $476,900
526 Monroe St, Brooklyn 3,200 11/20/2020 $2,425,000
528 Monroe St, Brooklyn 3,120 09/29/2020
530 Monroe St, Brooklyn 4,368 10/20/2020
536 Monroe St, Brooklyn 3,120 10/31/2025
514 Monroe St, Brooklyn 3,200 11/22/2024 $1,500,000
502 Monroe St, Brooklyn 2,400 02/23/1988
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