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517 Park Avenue, Brooklyn, NY 11205 Property Information

517 Park Avenue, Brooklyn, NY 11205 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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517 Park Avenue, Brooklyn, NY 11205 1
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Address

Primary address 517 Park Avenue
Secondary address 513-521 Park Ave
Neighborhood Bedford-Stuyvesant
Zip code 11205
Borough Brooklyn
Block & lot 01715-0003

Sales & Tax Overview for 517 Park Avenue, Brooklyn

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

Purchase date 04/25/2007
Purchase price $245,525
Tax class
Estimated property tax $129,484

Lot & Building Information for 517 Park Avenue, Brooklyn

Lot sqft 12,270
Lot dimensions 122.71 ft x 100 ft
Building class Office with Commercial - 1 to 6 Stories (O5)
Building sqft 22,085
Building dimensions 100 ft x 122 ft
Buildings on lot 1
Stories 2
Year built 1931
Construction type
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Zoning & Use for 517 Park Avenue, Brooklyn

Zoning
Commercial units 6
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 3
Closest police station 0.52 Miles
Closest fire station 0.38 Miles

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

Other Property Data for 517 Park Avenue, 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 517 Park Avenue, Brooklyn, NY 11205, 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 517 Park Avenue, Brooklyn, NY 11205, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 513-521 Park Ave, Brooklyn, NY 11205
  • 54 Spencer St, Brooklyn, NY 11205

About 517 Park Avenue, Brooklyn

How many square feet does 517 Park Avenue, Brooklyn, NY 11205 have?

This Office with Commercial - 1 to 6 Stories (O5) located at 517 Park Avenue, Brooklyn, NY 11205 has a total of 22,085 square feet.

What is the year built & the current market value of 517 Park Avenue, Brooklyn, NY 11205?

517 Park Avenue, Brooklyn, NY 11205 was built in 1931 and has a current tax assessor's market value of $3,702,000.

How many commercial spaces does this building have?

This building has 6 commercial spaces available for lease.

Ownership Information for 517 Park Avenue, Brooklyn

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Property owner name for 517 Park Avenue, Brooklyn, NY 11205
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Building contacts for 517 Park Avenue, Brooklyn, NY 11205
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 517 Park Avenue, Brooklyn

Create a free account to view the complete sales history for 517 Park Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/25/2007 $245,525
11/29/2006 $200,000
02/15/2005 $3,500,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 517 Park Avenue, 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
12/30/2025 - R UCC3 Termination
(2025122900264008)
12/30/2025 - R Initial UCC1
(2025122900264005)
12/23/2025 - D
12/30/2025 - R
Termination of Assign of L&R
(2025122900264007)
12/23/2025 - D
12/30/2025 - R
Agreement
(2025122900264006)
12/23/2025 - D
12/30/2025 - R
Assignment of Leases and Rents
(2025122900264004)
12/23/2025 - D
12/30/2025 - R
Agreement
(2025122900264003)
12/23/2025 - D
12/30/2025 - R
Mortgage
(2025122900264002)
12/23/2025 - D
12/30/2025 - R
Assignment, Mortgage
(2025122900264001)
05/28/2025 - R Initial UCC1
(2025052701052001)
05/15/2017 - R Initial UCC1
(2017050400250007)
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R: Recorded date
D: Document date

Property Taxes for 517 Park Avenue, Brooklyn

Access detailed property tax data for 517 Park Avenue, Brooklyn, NY 11205. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $110,973
Estimated property tax: $129,484
Tax assessor's market value: $3,702,000
Assessed value: $1,665,900

Assessment History for 517 Park Avenue, Brooklyn

Here's the assessment & property tax history for 517 Park Avenue, 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 $3,702,000 $1,665,900 $1,434,960 10.848% $155,664 $57,229 +8.99%
2024/25 $3,604,000 $1,621,800 $1,397,160 10.762% $150,362 $52,509 +5.81%
2023/24 $3,417,000 $1,537,650 $1,350,270 10.592% $143,021 $49,626 -32.89%
2022/23 $2,860,000 $1,287,000 $1,287,000 10.646% $137,014 $73,946 +44.43%
2021/22 $2,361,000 $1,062,450 $1,062,450 10.755% $114,266 $51,198 -63.66%

Permits for 517 Park Avenue, Brooklyn

The complete history of permits filed for 517 Park Avenue, 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
12/27/2013 Alteration type 1
10/25/2013 Alteration type 3
10/25/2013 Sign
11/03/2010 Alteration type 2
09/22/2010 Alteration type 3
10/15/2009 Alteration type 3
08/28/2009 Alteration type 1
07/14/2009 Alteration type 1
06/02/2009 Full demolition
05/31/2007 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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Union Ave & Flushing Ave at SW Corner
Station lines G
Distance (miles) 0.348
View subway map
Bus Routes
Name Bedford Av/Park Av
Line B44
Distance (miles) 0.041

Neighbors for 517 Park Avenue, Brooklyn

Here are the neighbors for 517 Park Avenue, Brooklyn, NY 11205.

Address Square feet Purchase date Purchase price
769 Bedford Ave, Brooklyn 2,200 11/18/2018
16 Spencer St, Brooklyn 10,938 12/01/2021 $1,200,000
1885 Atlantic Ave, Brooklyn 74,406 01/30/2026
946 Herkimer St, Brooklyn 4,283 09/23/2022
735 Bedford Ave, Brooklyn 17,500 03/12/2015 $2,500,000
324 Ralph Ave, Brooklyn 2,750 11/01/2013 $420,000
954 Herkimer St, Brooklyn 4,437 10/28/2021 $1,750,000
14 Spencer St, Brooklyn 1,300 07/24/2013
938 Herkimer St, Brooklyn 3,615 06/22/2023 $500,000
753 Bedford Ave, Brooklyn 32,622 05/01/2023 $3,000,000
747 Bedford Ave, Brooklyn 6,600 03/23/2006 $140,000
731 Bedford Ave, Brooklyn 13,759 06/08/2016
765 Bedford Ave, Brooklyn 32,622 05/01/2023 $3,000,000
336 Ralph Ave, Brooklyn 12/01/2005
956 Herkimer St, Brooklyn 5,208 06/14/2022 $1,315,000
940 Herkimer St, Brooklyn 2,377 12/17/2018
18 Spencer St, Brooklyn 52,628 12/06/2017 $250,000
342 Ralph Ave, Brooklyn 11/19/2012
338 Ralph Ave, Brooklyn 11/19/2012
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