New York City  »  11221  »  Central Ave  »  516 Central Ave

516 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 516 Central Ave

Property image for 516 Central Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1991

Lot sq. ft.

1,833

General information

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Address
Primary address
516 Central Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03389-0142

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,984
Building dimensions
19.83 ft x 50 ft
Buildings on lot
1
Stories
2
Year built
1991
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Tax
Tax year
2026-2027
Property tax
$3,873
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Central Avenue (narrow)
Nearest wide street
Bushwick Avenue
Distance to wide street
Lot dimensions
19.83 ft x 92.42 ft
Lot sq. ft.
1,833

Area overview

Walk score
87 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.51 Miles
Closest fire station
0.31 Miles

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

Ownership information for 516 Central Avenue, Brooklyn, NY

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

Sales history for 516 Central Avenue, Brooklyn, NY 11221

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/25/2024 - R Initial UCC1
(2024012500660001)
XX XXXXXX XXXXXX XXXXX XXXXXX XXX
07/05/2006 - R
03/23/2005 - D
Satisfaction of Mortgage
(2006062301909001)
XXXXXX XXXXX XXX XXXX XX XXX XXXX
10/26/2004 - R
09/24/2004 - D
Satisfaction of Mortgage
(2004092901029001)
XX XXXXXX XXXXXX
09/13/2004 - R
08/17/2004 - D
Mortgage
(2004083000046001)
XX XXXXXX XXXXXX
03/13/2001 - R Assignment, Mortgage
(3550007556255)
XXXXXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX
01/18/2001 - R Agreement
(3160007486416)
XXX XXX XXXXXXX XXXXXX
01/18/2001 - R Mortgage
(3000007485200)
XX XXXXXX XXXXXX XXXXXXXXX XXXX XXXXXXXX XXXX
01/18/2001 - R Certificate
(3330007486133)
XXX XXX
01/12/2001 - R Satisfaction of Mortgage
(3550007477355)
XXXXXXX XXXXXX XXXXX XXXXXXXX XXXX
07/07/1998 - R Deed
(3790006118479)
XXXXXXX XXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 516 Central 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
$3,873
Municipal exemptions
Recent tax assessments
Market value
$1,012,000
Assessed value
$60,720

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 $1,162,000 $69,720 $42,167 19.843% $8,649 $4,233 -47.02%
2024/25 $1,049,000 $62,940 $39,780 20.085% $8,259 $7,990 +6.38%
2023/24 $1,021,000 $61,260 $37,394 20.085% $7,792 $7,511 +3.86%
2022/23 $1,088,000 $65,280 $35,606 20.309% $7,528 $7,231 +1.68%
2021/22 $1,155,000 $69,300 $35,626 19.963% $7,399 $7,112 -3.20%
2020/21 $1,079,000 $64,740 $34,913 21.045% $7,644 $7,347 +5.61%
2019/20 $991,000 $59,460 $32,867 21.167% $7,253 $6,957 +7.74%
2018/19 $1,012,000 $60,720 $30,868 20.919% $6,763 $6,457 +7.68%
2017/18 $761,000 $45,660 $29,418 20.385% $6,297 $5,997 +2.25%
2016/17 $564,000 $33,840 $29,338 19.991% $6,175 $5,865 -0.91%

Permit information for 516 Central Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/02/2024 Alteration
01/17/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South 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
-

Subway & traffic

Closest station
Weirfield St & Broadway at NE Corner
Station lines
J
Distance (miles)
0.373

Access the detailed traffic volume map for 516 Central Avenue, Brooklyn, NY 11221 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. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.19
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.19
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.21
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.21
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.21
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.24
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.24
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.24
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.24
Bushwick Ascend Charter School 7 No Charter K-8 799 0.29
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.33
Evergreen Middle School-Urban Exploration 4 No Public 6-8 342 0.21
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.21
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.24
Bushwick Ascend Charter School 7 No Charter K-8 799 0.29
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.34
P.S. Is 384 Frances E Carter 3 No Public PK, K-8 346 0.44
All City Leadership Secondary School 8 No Public 6-12 421 0.46
Jhs 383 Philippa Schuyler 7 No Public 5-8 822 0.57
Achievement First Bushwick Charter School 7 No Charter K-8 938 0.57
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bushwick Community High School 2 No Public 9-12 86 0.33
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.33
Academy Of Urban Planning 5 No Public 9-12 403 0.40
Bushwick School for Social Justice 2 No Public 9-12 272 0.40
Academy for Environmental Leadership 2 No Public 9-12 275 0.40
Brooklyn School For Math And Research NR No Public 9-12 333 0.40
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.44
All City Leadership Secondary School 8 No Public 6-12 421 0.46
Excellence Girls Charter School 5 No Charter K-12 1,050 0.62
Charles Churn Christian Academy NR No Private PK, K-12 0 0.67

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

Frequently asked questions

What is the year built for 516 Central Avenue, Brooklyn, NY 11221?

The development at 516 Central Avenue, Brooklyn, NY 11221 was built in 1991.

What is the total square footage of 516 Central Avenue, Brooklyn, NY 11221?

516 Central Avenue, Brooklyn, NY 11221 has a total of 1,984 square feet.

What is the assessed value of 516 Central Avenue, Brooklyn, NY 11221?

516 Central Avenue, Brooklyn, NY 11221 is currently assessed at $60,720.

What are the property taxes for 516 Central Avenue, Brooklyn, NY 11221?

The property taxes for 516 Central Avenue, Brooklyn, NY 11221 total $8,006.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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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