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516 Scholes Street, Brooklyn, NY 11237 Property Information

516 Scholes Street, Brooklyn, NY 11237 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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516 Scholes Street, Brooklyn, NY 11237 1
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Address

Primary address 516 Scholes Street
Secondary address 167 Stewart Ave
Neighborhood Williamsburg
Zip code 11237
Borough Brooklyn
Block & lot 02969-0030

Sales & Tax Overview for 516 Scholes Street, Brooklyn

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

Purchase date 11/28/2022
Purchase price $5,300,000
Tax class
Estimated property tax $52,086

Lot & Building Information for 516 Scholes Street, Brooklyn

Lot sq. ft. 8,732
Lot dimensions 54.83 ft x 159.25 ft
Property type Fireproof Warehouse (E1)
Building sqft 8,732
Building dimensions 54.83 ft x 159.25 ft
Buildings on lot 1
Stories 1
Year built 1931
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Zoning & Use for 516 Scholes Street, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 0.99 Miles
Closest fire station 0.26 Miles

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

Other Property Data for 516 Scholes Street, 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 516 Scholes Street, Brooklyn, NY 11237, 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 Scholes Street, Brooklyn, NY 11237, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 167 Stewart Ave, Brooklyn, NY 11237

About 516 Scholes Street, Brooklyn

How many sq. ft. does 516 Scholes Street, Brooklyn, NY 11237 have & what is the price per sq. ft?

This Fireproof Warehouse (E1) located at 516 Scholes Street, Brooklyn, NY 11237 has a total of 8,732 square feet and a current price per square foot of $606.

What is the year built & the current market value of 516 Scholes Street, Brooklyn, NY 11237?

516 Scholes Street, Brooklyn, NY 11237 was built in 1931 and has a current tax assessor's market value of $1,074,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 516 Scholes Street, Brooklyn

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Property owner name for 516 Scholes Street, Brooklyn, NY 11237
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Building contacts for 516 Scholes Street, Brooklyn, NY 11237
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 516 Scholes Street, Brooklyn

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

Purchase date Purchase price Buyer name Seller name
11/28/2022 $5,300,000
06/15/2004 $1,135,000
       
       
       
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Title Documents for 516 Scholes Street, 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
12/02/2022 - R Initial UCC1
(2022120101282001)
11/28/2022 - D
12/15/2022 - R
Assignment of Leases and Rents
(2022121000013003)
11/28/2022 - D
12/15/2022 - R
Mortgage
(2022121000013002)
11/28/2022 - D
12/15/2022 - R
Deed
(2022121000013001)
02/02/2012 - R UCC3 Continuation
(2012013101352001)
06/26/2008 - D
07/15/2008 - R
Tax Lien Sale Certificate
(2008071100556001)
06/20/2007 - D
06/25/2007 - R
UCC3 Continuation
(2007062001943001)
06/11/2007 - D
06/19/2007 - R
UCC3 Amendment
(2007061101908001)
03/26/2007 - D
07/09/2007 - R
UCC3 Amendment
(2007032601075001)
06/15/2004 - D
07/19/2004 - R
Deed
(2004062900441001)
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R: Recorded date
D: Document date

Property Taxes for 516 Scholes Street, Brooklyn

Access detailed property tax data for 516 Scholes Street, Brooklyn, NY 11237. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $52,428
Estimated property tax: $52,086
Tax assessor's market value: $1,074,000
Assessed value: $483,300

Assessment History for 516 Scholes Street, Brooklyn

Here's the assessment & property tax history for 516 Scholes 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 $1,074,000 $483,300 $483,300 10.848% $52,428 $52,428 +3.18%
2024/25 $1,256,000 $565,200 $472,140 10.762% $50,812 $50,812 +5.84%
2023/24 $1,185,000 $533,250 $453,240 10.592% $48,007 $48,007 +4.25%
2022/23 $1,083,000 $487,350 $432,540 10.646% $46,048 $46,048 +10.51%
2021/22 $861,000 $387,450 $387,450 10.755% $41,670 $41,670 -7.69%

Permits for 516 Scholes Street, Brooklyn

The complete history of permits filed for 516 Scholes 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
08/16/2007 Alteration type 2
09/22/2004 Alteration type 1
07/26/2004 Alteration type 1
12/23/2003 Alteration type 1
10/21/2003 Alteration type 1
08/04/2003 Alteration type 1
04/22/2003 Alteration type 1
04/14/2003 Alteration type 1
04/04/2003 Alteration type 1
09/06/2002 Alteration type 1
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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: 2 (See more on map)

Transportation

Distance to Subway
Closest station Jefferson St & Wyckoff Ave at NW Corner
Station lines L
Distance (miles) 0.33
View subway map
Bus Routes
Name Metropolitan Av/Gardner Av
Line Q54
Distance (miles) 0.191

Neighbors for 516 Scholes Street, Brooklyn

Here are the neighbors for 516 Scholes Street, Brooklyn, NY 11237.

Address Square feet Purchase date Purchase price
134 Morgan Ave, Brooklyn 100,000 08/29/2019 $54,500,000
497 Meserole St, Brooklyn 9,950 08/23/2002
492 Scholes St, Brooklyn 16,000 08/29/1995
75 Onderdonk Ave, Brooklyn 51,400 05/21/1998
465 Johnson Ave, Brooklyn 17,155 03/21/2003 $1,565,000
127 Stewart Ave, Brooklyn 05/15/1996
100 Varick Ave, Brooklyn 36,800 07/31/2006 $4,300,000
108 Varick Ave, Brooklyn 7,500 05/25/2010 $1,000,000
140 Stewart Ave, Brooklyn 23,487 05/16/2017 $12,550,000
2 Knickerbocker Ave, Brooklyn 2,160 04/08/2010
110 Varick Ave, Brooklyn 28,923 11/11/1999
505 Meserole St, Brooklyn 11,000 05/31/2003 $235,500
1340 Metropolitan Ave, Brooklyn 30,970 05/29/1998
585 Meserole St, Brooklyn 19,800 02/12/2025
581 Meserole St, Brooklyn 12/23/2021 $6,400,000
39 Onderdonk Ave, Brooklyn 14,385 03/26/2007 $2,600,000
140 Varick Ave, Brooklyn 13,480 06/23/2000
130 Varick Ave, Brooklyn 14,000 05/25/2004 $1
172 Scott Ave, Brooklyn 7,865 12/02/2005 $1,170,000
154 Morgan Ave, Brooklyn 85,000 08/29/2019 $26,000,000
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