New York City » 11205 » Park Ave » 523 Park Ave

523 Park Avenue, Brooklyn, NY 11205 - Property report

Also known as: 523 Park Ave

Property image for 523 Park Avenue, Brooklyn, NY 11205

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1931

Lot sq. ft.

1,900

Sale price

$25,000

General information

Address

Primary address

523 Park Avenue

Alternate address(es)

63 Spencer St

ZIP code

11205

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01716-0066

Building

Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Building sq. ft.

4,175

Building dimensions

25 ft x 45 ft

Buildings on lot

Stories

Year built

1931

Building material

Sales

Sale date

07/19/2017

Sale price

$25,000

Tax

Tax year

2026-2027

Property tax

$9,878

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25.08 ft x 75.75 ft

Lot sq. ft.

1,900

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

91 /100. Rider's Paradise

Bike score

92 /100. Biker's Paradise

School district

Community district

Closest police station

0.54 Miles

Closest fire station

0.42 Miles

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

Ownership

Ownership information for 523 Park Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 523 Park Avenue, Brooklyn, NY 11205

Sale date	Sale price	Buyer name	Seller name
07/19/2017	$25,000	XXX XXXX XXXXXX XXX	XXXXXXX XXXXXX XXX.
04/22/2013	$2,000	XXXXXXX XXXX XXXXXXXXX XXX	X'XXXXXX, XXX XX XXXXXXX, XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/07/2021 - R 10/01/2021 - D	Agreement (2021113000372003)	XXXXXXXXX XXXXXXXX	XXXX
12/07/2021 - R 10/01/2021 - D	Mortgage (2021113000372002)	XXXXXXXXX XXXXXXXX	XXX XXXX XXX
12/07/2021 - R 05/31/2021 - D	Assignment, Mortgage (2021113000372001)	XXXXXXXXXXXX XXXXXXX XXXXXXXX	XXXX
04/30/2021 - R 04/06/2021 - D	Termination of Assign of L&R (2021040801184002)	XXXXXXXXXXXX XXXXXXX XXXXXXXX	XXXXXX XXXXXXXX XXXXXX XXX
04/05/2021 - R 03/15/2021 - D	Asgn of Asgn of L&R (2021032300837004)	X XXXXX XXXXXXX XXX	XXXXXXXXXXXX XXXXXXX XXXXXXXX
04/05/2021 - R 03/15/2021 - D	Assignment, Mortgage (2021032300837002)	X XXXXX XXXXXXX XXX	XXXXXXXXXXXX XXXXXXX XXXXXXXX
04/05/2021 - R 12/28/2020 - D	Asgn of Asgn of L&R (2021032300837003)	XXXX XXXXXXXXXXX X X XX XXXXXXX	X XXXXX XXXXXXX XXX
04/05/2021 - R 12/28/2020 - D	Assignment, Mortgage (2021032300837001)	XXXX XXXXXXXXXXX X X XX XXXXXXX	X XXXXX XXXXXXX XXX
09/03/2020 - R 10/03/2019 - D	Deed (2020090100757001)	XXX XXXX XXXXXX XXX	XXXXXXXXX XXXXXXXX
09/03/2019 - R 08/19/2019 - D	Discharge of Tax Lien (2019090200063001)	XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 523 Park 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

$9,878

Municipal exemptions

Recent tax assessments

Market value

$1,056,000

Assessed value

$475,200

More about New York City property taxes

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	$880,000	$396,000	$73,527	12.439%	$9,146	$9,146	+5.18%
2024/25	$789,000	$355,050	$69,565	12.5%	$8,696	$8,696	+5.55%
2023/24	$755,000	$339,750	$65,897	12.502%	$8,238	$8,238	+1.92%
2022/23	$742,000	$333,900	$65,897	12.267%	$8,084	$8,084	+2.48%
2021/22	$601,000	$270,450	$64,472	12.235%	$7,888	$7,888	+56.25%
2020/21	$376,000	$169,200	$41,153	12.267%	$5,048	$5,048	+6.22%
2019/20	$313,200	$140,940	$38,105	12.473%	$4,753	$4,753	+6.80%
2018/19	$261,000	$117,450	$35,284	12.612%	$4,450	$4,450	-0.84%
2017/18	$226,000	$101,700	$35,284	12.719%	$4,488	$4,488	+1.82%
2016/17	$205,000	$92,250	$34,188	12.892%	$4,408	$4,408	+8.07%

Permits

Permit information for 523 Park Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/25/2019	Alteration
03/07/2019	Alteration type 2
01/30/2019	Alteration type 2
05/29/2018	Alteration
05/29/2018	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	03/24/2026	C-construction other optional
	08/09/2018	Aeuhaz1-fail to certify class 1
	08/08/2018	Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Listings

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Union Ave & Flushing Ave at SW Corner

Station lines

Distance (miles)

0.33

View subway map

Access the detailed traffic volume map for 523 Park Avenue, Brooklyn, NY 11205 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

Neighbors for 523 Park Avenue, Brooklyn, NY

55 Spencer St, Brooklyn 54 Walworth St, Brooklyn 502 Flushing Ave, Brooklyn 537 Park Ave, Brooklyn 42 Walworth St, Brooklyn 8 Walworth St, Brooklyn 466 Flushing Ave, Brooklyn 9 Walworth St, Brooklyn 539 Park Ave, Brooklyn 30 Warsoff Pl, Brooklyn 18 Warsoff Pl, Brooklyn 32 Nostrand Ave, Brooklyn 490 Flushing Ave, Brooklyn 34 Walworth St, Brooklyn 470 Flushing Ave, Brooklyn 535 Park Ave, Brooklyn 486 Flushing Ave, Brooklyn 480 Flushing Ave, Brooklyn

Frequently asked questions

What is the year built for 523 Park Avenue, Brooklyn, NY 11205?

The development at 523 Park Avenue, Brooklyn, NY 11205 was built in 1931.

What is the market value of 523 Park Avenue, Brooklyn, NY 11205?

The current market value of 523 Park Avenue, Brooklyn, NY 11205 is $1,056,000.

What is the total square footage of 523 Park Avenue, Brooklyn, NY 11205?

523 Park Avenue, Brooklyn, NY 11205 has a total of 4,175 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.