New York City  »  11205  »  Park Ave  »  514-516 Park Ave

514-516 Park Avenue, Brooklyn, NY 11205 - Property report

Also known as: 514-516 Park Ave

Property image for 514-516 Park Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Other Miscellaneous (Z9)

Year built

2001

Lot sq. ft.

6,612

Sale price

$926,100

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
514-516 Park Avenue
Alternate address(es)
71 Spencer St
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01735-0003

Owner

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Building
Property type
Other Miscellaneous (Z9)
Building sq. ft.
2,500
Building dimensions
25 ft x 100 ft
Buildings on lot
1
Stories
1
Year built
2001
Building material
Reinfor Conc
Sales
Sale date
06/05/2012
Sale price
$926,100
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
1
Lot
Frontage(s)
Park Avenue (wide)
Spencer Street (narrow)
Lot dimensions
50 ft x 107.25 ft
Lot sq. ft.
6,612

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
13
Community district
3
Closest police station
0.51 Miles
Closest fire station
0.41 Miles

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

Ownership

Ownership information for 514-516 Park Avenue, Brooklyn, NY

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

Sales history for 514-516 Park Avenue, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
06/05/2012 $926,100 XXXXXXXX XX XXXXXXXXXXXX XXX. XXXX XXXXXX XXXXXXXX & XXXXXXX XXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/11/2020 - R
09/04/2020 - D		 Termination of Assign of L&R
(2020090800215001)		 XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
09/11/2020 - R
09/04/2020 - D		 Satisfaction of Mortgage
(2020090800199001)		 XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
07/11/2012 - R
06/05/2012 - D		 Termination of Assign of L&R
(2012061100852004)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
07/11/2012 - R
06/05/2012 - D		 Partial Release of Mortgage
(2012061100852003)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
07/11/2012 - R
06/05/2012 - D		 Partial Release of Mortgage
(2012061100852002)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
07/11/2012 - R
06/05/2012 - D		 Deed
(2012061100852001)		 XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXXXXX XX XXXXXXXXXXXX XXX
05/05/2005 - R
03/29/2005 - D		 Collateral Mortgage
(2005040100593008)		 XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
09/14/2005 - R
03/29/2005 - D		 Assignment of Leases and Rents
(2005040100189003)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
09/14/2005 - R
03/29/2005 - D		 Agreement
(2005040100189002)		 XXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX XXXXX XXXXXXX XXXXX XXXXXXX
09/14/2005 - R
03/28/2005 - D		 Assignment, Mortgage
(2005040100189001)		 XXXXXXXX XX XXXXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 514-516 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
Municipal exemptions
Recent tax assessments
Market value
$254,000
Assessed value
$114,300

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 $247,000 $111,150 $0 10.848% $11,374 $0 n/a
2024/25 $240,000 $108,000 $0 10.762% $11,507 $0 n/a
2023/24 $233,000 $104,850 $0 10.592% $11,106 $0 n/a
2022/23 $226,000 $101,700 $0 10.646% $10,827 $0 n/a
2021/22 $219,000 $98,550 $0 10.755% $10,599 $0 n/a
2020/21 $270,000 $121,500 $0 10.694% $12,252 $0 n/a
2019/20 $262,000 $117,900 $0 10.537% $11,721 $0 n/a
2018/19 $254,000 $114,300 $0 10.514% $11,279 $0 n/a
2017/18 $247,000 $111,150 $0 10.514% $10,901 $0 n/a
2016/17 $240,000 $108,000 $0 10.574% $10,649 $0 n/a
Permits

Permit information for 514-516 Park Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/24/2007 Alteration type 3
08/24/2007 Alteration type 3
08/16/2007 Full demolition
07/30/2007 Full demolition

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Bedford residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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
5

Subway & traffic

Closest station
Marcy Ave & Myrtle Ave at NW Corner
Station lines
G
Distance (miles)
0.318
View subway map

Access the detailed traffic volume map for 514-516 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 54 Samuel C Barnes 4 Yes Public PK, K-5 155 0.31
P.S. 54 Samuel C Barnes 4 Yes Public PK, K-5 155 0.31
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.15
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.15
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.16
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.16
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.17
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.15
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.16
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.17
Talmud Torah Tashbar NR No Private PK, K-10 331 0.19
Talmud Torah Tashbar NR No Private PK, K-10 0 0.19
P.S. 157 Benjamin Franklin 4 No Public PK, K-8 270 0.26
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnei Shimon Yisroel of Sopron NR No Private PK-12 450 0.15
Bnei Shimon Yisroel of Sopron NR No Private PK, K-12 0 0.16
Bnei Shimon Yisroel of Sopron NR No Private K-12 0 0.17
Hychel Hatorah NR No Private 9-12 0 0.18
Talmud Torah Tashbar NR No Private PK, K-10 331 0.19

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 514-516 Park Avenue, Brooklyn, NY

86 Walworth St, Brooklyn 98 Walworth St, Brooklyn 823 Bedford Ave, Brooklyn 813 Bedford Ave, Brooklyn 819 Bedford Ave, Brooklyn 82 Walworth St, Brooklyn 92 Walworth St, Brooklyn 512 Park Ave, Brooklyn 689 Myrtle Ave, Brooklyn 825 Bedford Ave, Brooklyn 94 Walworth St, Brooklyn 520 Park Ave, Brooklyn 518 Park Ave, Brooklyn 88 Walworth St, Brooklyn 104 Walworth St, Brooklyn 815 Bedford Ave, Brooklyn 96 Walworth St, Brooklyn 827 Bedford Ave, Brooklyn

Nearby ZIP codes for 514-516 Park Avenue, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10005, New York City, NY 10007, New York City, NY 10009, New York City, NY 10012, New York City, NY 10038, New York City, NY 10278, New York City, NY 11201, New York City, NY 11206, New York City, NY 11211, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11231, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 514-516 Park Avenue, Brooklyn, NY 11205?

The development at 514-516 Park Avenue, Brooklyn, NY 11205 was built in 2001.

What is the total square footage of 514-516 Park Avenue, Brooklyn, NY 11205?

514-516 Park Avenue, Brooklyn, NY 11205 has a total of 2,500 square feet.

When was 514-516 Park Avenue, Brooklyn, NY 11205 last sold and what was the sale price?

514-516 Park Avenue, Brooklyn, NY 11205 was last sold on 06/05/2012 for $926,100.

What is the assessed value of 514-516 Park Avenue, Brooklyn, NY 11205?

514-516 Park Avenue, Brooklyn, NY 11205 is currently assessed at $114,300.

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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.

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