New York City  »  11212  »  New Lots Ave  »  50 New Lots Ave

50 New Lots Avenue, Brooklyn, NY 11212 - Property report

Also known as: 231 Hegeman Ave

Property image for 50 New Lots Avenue, Brooklyn, NY 11212
static Mapbox map

Property type

Primarily One Family with One Store or Office (S1)

Year built

1930

Lot sq. ft.

1,648

General information

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Address
Primary address
50 New Lots Avenue
Alternate address(es)
231 Hegeman Ave
50 A New Lots Ave
50 B New Lots Ave
ZIP code
11212
Neighborhood
Brownsville
Borough
Brooklyn
Block & lot
03860-0004

Owner

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Building
Property type
Primarily One Family with One Store or Office (S1)
Building sq. ft.
2,010
Building dimensions
21 ft x 53 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Tax
Tax year
2026-2027
Property tax
$3,391
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
21.19 ft x 78.87 ft
Lot sq. ft.
1,648

Area overview

Walk score
74 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
65 /100.  Bikeable
School district
23
Community district
16
Closest police station
0.58 Miles
Closest fire station
0.67 Miles

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Ownership information for 50 New Lots Avenue, Brooklyn, NY

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

Sales history for 50 New Lots Avenue, Brooklyn, NY 11212

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/10/2005 - R
06/03/2003 - D
Agreement
(2004110201306001)
XXXXXXX XXXXXX XX XXXXXXXX XXXXXXXXXXX
05/03/2004 - R
06/03/2003 - D
Agreement
(2003102500189002)
XXXXXXX XXXXXX X X XXXXXXXX XXXXXXXXXXX
05/03/2004 - R
06/03/2003 - D
Mortgage
(2003102500189001)
XXXXXXX XXXXXX X X XXXXXXXX XXXXXXXXXXX
08/28/2001 - R Assignment, Mortgage
(3110007791311)
XXXXXXXX XXXX XXXXXXXX XXX X X XXXXXXXX XXXXXXXXXXX
06/21/2001 - R Satisfaction of Mortgage
(3900007706590)
XXXXXXX XXXXXXXX XXXXX XXXXX XXXXXXXXXXX
03/08/2001 - R Mortgage
(3550007549755)
XXXXXXX XXXXXX XXXXXXXX XXXX XXXXXXXX XXX
03/08/2001 - R Assignment, Mortgage
(3120007552312)
XXXXXXXX XXXX XXXXXXXX XXX X X XXXXXXXX XXXXXXXXXXX
03/08/2001 - R
02/01/2001 - D
Deed
(3280007553028)
XXXXXXX XXXXXXXX XXXXXXX XXXXXX
01/10/1992 - R Mortgage
(3420001660242)
XXXXXXX XXXXXXXX XXXXX XXXXX XXXX XXXX
07/13/1990 - R Deed
(3600001552860)
XXXXXXXX XXXXXXX XXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 50 New Lots 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
$3,391
Municipal exemptions
Recent tax assessments
Market value
$769,000
Assessed value
$46,140

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 $664,000 $39,840 $17,087 19.843% $3,391 $3,391 -0.44%
2024/25 $734,000 $44,040 $16,956 20.085% $3,406 $3,406 +5.99%
2023/24 $676,000 $40,560 $15,997 20.085% $3,213 $3,213 +4.83%
2022/23 $531,000 $31,860 $15,092 20.309% $3,065 $3,065 +7.81%
2021/22 $486,000 $29,160 $14,239 19.963% $2,843 $2,843 -5.13%
2020/21 $513,000 $30,780 $14,239 21.045% $2,997 $2,997 +0.19%
2019/20 $479,000 $28,740 $14,130 21.167% $2,991 $2,991 +7.25%
2018/19 $399,000 $23,940 $13,331 20.919% $2,789 $2,789 +8.77%
2017/18 $372,000 $22,320 $12,577 20.385% $2,564 $2,564 +8.08%
2016/17 $310,000 $18,600 $11,866 19.991% $2,372 $2,372 +2.23%

Permit information for 50 New Lots Avenue, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Van Sinderen Ave & New Lots Ave at SW Corner
Station lines
L
Distance (miles)
0.241

Access the detailed traffic volume map for 50 New Lots Avenue, Brooklyn, NY 11212 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

Frequently asked questions

What is the year built for 50 New Lots Avenue, Brooklyn, NY 11212?

The development at 50 New Lots Avenue, Brooklyn, NY 11212 was built in 1930.

What is the market value of 50 New Lots Avenue, Brooklyn, NY 11212?

The current market value of 50 New Lots Avenue, Brooklyn, NY 11212 is $769,000.

What is the total square footage of 50 New Lots Avenue, Brooklyn, NY 11212?

50 New Lots Avenue, Brooklyn, NY 11212 has a total of 2,010 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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