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502 Morgan Avenue, Brooklyn, NY 11222 Property Information

502 Morgan Avenue, Brooklyn, NY 11222 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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502 Morgan Avenue, Brooklyn, NY 11222 1
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Address

Primary address 502 Morgan Avenue
Secondary address 62-70 Beadel St
Neighborhood Greenpoint
Zip code 11222
Borough Brooklyn
Block & lot 02842-0006

Sales & Tax Overview for 502 Morgan Avenue, Brooklyn

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

Purchase date 12/11/2002
Purchase price $600,000
Tax class
Estimated property tax $41,796

Lot & Building Information for 502 Morgan Avenue, Brooklyn

Lot sqft 10,000
Lot dimensions 100 ft x 100 ft
Building class Fireproof Warehouse (E1) i
Building sqft 10,000
Building dimensions 100 ft x 100 ft
Buildings on lot 1
Stories 1
Year built 1930
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Zoning & Use for 502 Morgan Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 2

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.84 Miles
Closest fire station 0.59 Miles

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

Other Property Data for 502 Morgan 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 502 Morgan Avenue, Brooklyn, NY 11222, 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 502 Morgan Avenue, Brooklyn, NY 11222, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 62-70 Beadel St, Brooklyn, NY 11222
  • 500-508 Morgan Ave, Brooklyn, NY 11222

About 502 Morgan Avenue, Brooklyn

How many sq. ft. does 502 Morgan Avenue, Brooklyn, NY 11222 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 502 Morgan Avenue, Brooklyn, NY 11222 has a total of 10,000 square feet and a current price per square foot of $60.

What is the year built & the current market value of 502 Morgan Avenue, Brooklyn, NY 11222?

502 Morgan Avenue, Brooklyn, NY 11222 was built in 1930 and has a current tax assessor's market value of $870,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 502 Morgan Avenue, Brooklyn

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Property owner name for 502 Morgan Avenue, Brooklyn, NY 11222
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Building contacts for 502 Morgan Avenue, Brooklyn, NY 11222
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 502 Morgan Avenue, Brooklyn

508 Morgan Ave
Listing type For Lease
Listing date 03/16/2026
Last updated 05/13/2026
Lot size 0.2309 Acre

508 Morgan Avenue is located in the East Williamsburg / Bushwick area of Brooklyn, just off Johnson Avenue. The property sits within a well-established industrial and flex corridor that has seen continued growth in creative, office, and light manufacturing users. The location offers convenient access to major thoroughfares including the Brooklyn-Queens Expressway (I-278) and is accessible to public transportation via the Morgan Avenue L subway line. The surrounding area features a mix of office, warehouse, and retail amenities, providing convenient services for employees and clients.±750 SF ground-floor office space located behind an existing warehouse building. The premises features a private side entrance and a functional layout suitable for administrative, creative, or light operational use. The space offers a practical solution for small businesses seeking a cost-effective office presence within a well-established industrial corridor. Ideal for users who benefit from proximity to warehouse or light industrial operations while maintaining a separate, dedicated office environment.

View Listing

Brokers

Steven Llorens
Spaces
Suite name Space type Lease rate Available space Brokers
508 Morgan Ave. Flex - Office $2,900/Sqft/Year 750 Steven Llorens
Active Listings For This Property:
For Lease 508 Morgan Ave
508 Morgan Ave
502 Morgan Avenue, Brooklyn
Property Flex - Office
Availability 1 Spaces listed / 750 Sqft
Price $2,900/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 502 Morgan Avenue, Brooklyn

Create a free account to view the complete sales history for 502 Morgan Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/11/2002 $600,000

Title Documents for 502 Morgan 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
12/31/2019 - R Initial UCC1
(2019122000940001)
12/31/2019 - R UCC3 Termination
(2019122000824002)
11/08/2019 - D
12/31/2019 - R
Termination of Assign of L&R
(2019122000824001)
11/08/2019 - D
12/31/2019 - R
Assignment of Leases and Rents
(2019122000553003)
11/08/2019 - D
12/31/2019 - R
Mortgage Spreader Agreement
(2019122000553002)
01/04/2017 - R UCC3 Termination
(2016122800659004)
01/04/2017 - R UCC3 Termination
(2016122800659002)
01/04/2017 - R Initial UCC1
(2016122800659001)
12/15/2016 - D
01/04/2017 - R
Assignment of Leases and Rents
(2016122800388004)
12/15/2016 - D
01/04/2017 - R
Agreement
(2016122800388003)
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R: Recorded date
D: Document date

Property Taxes for 502 Morgan Avenue, Brooklyn

Access detailed property tax data for 502 Morgan Avenue, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $38,574
Estimated property tax: $41,796
Tax assessor's market value: $870,000
Assessed value: $391,500

Assessment History for 502 Morgan Avenue, Brooklyn

Here's the assessment & property tax history for 502 Morgan 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 $870,000 $391,500 $355,590 10.848% $38,574 $38,574 +0.32%
2024/25 $853,000 $383,850 $357,290 10.762% $38,452 $38,452 +0.69%
2023/24 $848,000 $381,600 $360,520 10.592% $38,186 $38,186 +8.01%
2022/23 $738,000 $332,100 $332,100 10.646% $35,355 $35,355 +13.79%
2021/22 $642,000 $288,900 $288,900 10.755% $31,071 $31,071 -27.44%

Permits for 502 Morgan Avenue, Brooklyn

The complete history of permits filed for 502 Morgan 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
11/18/2021 Alteration
06/05/2019 Alteration type 2
09/20/2018 Alteration type 2
04/01/2003 Alteration type 2
03/04/2003 Alteration type 2
11/18/2002 Alteration type 2
11/14/2002 Alteration type 2
03/27/2002 Alteration type 1
11/08/1999 Alteration type 2
11/10/1997 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 Graham Ave & Metropolitan Ave at NE Corner
Station lines L
Distance (miles) 0.567
View subway map
Bus Routes
Name Meeker Av/Morgan Av
Line B24
Distance (miles) 0.125

Neighbors for 502 Morgan Avenue, Brooklyn

Here are the neighbors for 502 Morgan Avenue, Brooklyn, NY 11222.

Address Square feet Purchase date Purchase price
473 Vandervoort Ave, Brooklyn 1,920 12/22/2021 $990,000
471 Vandervoort Ave, Brooklyn 1,920 10/10/1985
485 Morgan Ave, Brooklyn 20,000 01/31/2005 $1,700,000
32 Beadel St, Brooklyn 26,000 05/30/2006 $2,600,000
490 Morgan Ave, Brooklyn 5,760 09/16/2015
15 Division Pl, Brooklyn 7,500 10/03/2017 $1,820,000
76 Beadel St, Brooklyn 8,000 09/06/2005 $880,000
494 Morgan Ave, Brooklyn 4,080 12/08/2017
35 Division Pl, Brooklyn 10,000 05/14/2015 $3,500,000
48 Beadel St, Brooklyn 4,000 07/21/2005 $520,000
25 Division Pl, Brooklyn 10,000 01/25/1980
86 Beadel St, Brooklyn 5,000 11/21/2019 $2,950,000
469 Vandervoort Ave, Brooklyn 1,920 11/10/2022 $1,140,000
84 Beadel St, Brooklyn 2,865 06/27/2007 $440,000
13 Division Pl, Brooklyn 1,000 10/05/1988
100 Beadel St, Brooklyn 5,000 03/03/2006 $612,000
93 Division Pl, Brooklyn 9,563 10/11/1996
477 Vandervoort Ave, Brooklyn 1,920 08/22/2011 $595,000
475 Vandervoort Ave, Brooklyn 1,920 09/27/2012 $475,000
492 Morgan Ave, Brooklyn 5,120 11/30/2020
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