New York City » 11208 » Ridgewood Ave » 505 Ridgewood Ave

505 Ridgewood Avenue, Brooklyn, NY 11208 - Property report

Also known as: 16 Obrien Pl

Property image for 505 Ridgewood Avenue, Brooklyn, NY 11208

Property type

Three Families (C0)

Year built

1905

Lot sq. ft.

1,583

Sale price

$950,000

General information

Address

Primary address

505 Ridgewood Avenue

Alternate address(es)

16 Obrien Pl
505 Rear Ridgewood Ave

ZIP code

11208

Neighborhood

East New York

Borough

Brooklyn

Block & lot

04121-0008

Building

Property type

Three Families (C0)

Building sq. ft.

3,174

Building dimensions

19.5 ft x 60 ft

Buildings on lot

Stories

Year built

1905

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

08/20/2020

Sale price

$950,000

Tax

Tax year

2026-2027

Property tax

$5,484

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Ridgewood Avenue (narrow)
O'Brien Place (narrow)

Nearest wide street

Rockaway Boulevard

Distance to wide street

Lot dimensions

19.5 ft x 81.17 ft

Lot sq. ft.

1,583

Area overview

Walk score

76 /100. Very Walkable

Transit score

81 /100. Excellent Transit

Bike score

62 /100. Bikeable

School district

Community district

Closest police station

1.17 Miles

Closest fire station

0.60 Miles

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

Ownership

Ownership information for 505 Ridgewood Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 505 Ridgewood Avenue, Brooklyn, NY 11208

Sale date	Sale price	Buyer name	Seller name
08/20/2020	$950,000	XXX, XX XXXX	XXXXXX, XXX X XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/02/2020 - R 09/18/2020 - D	Satisfaction of Mortgage (2020092100571001)	XXXXXX XXX X	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/02/2020 - R 09/14/2020 - D	Satisfaction of Mortgage (2020091500217001)	XXXXXX XXXXX	XXX XXXX XXXXXXXX XXXXXXXXXXX
08/25/2020 - R 08/20/2020 - D	Mortgage (2020082400842002)	XXX XX XXXX	XXXX
08/25/2020 - R 08/20/2020 - D	Deed (2020082400842001)	XXXXXX XXX X	XXX XX XXXX
01/16/2008 - R 01/02/2008 - D	Satisfaction of Mortgage (2008010200953001)		XXXXXXXXXX XXXXXXXX XXXXXXX XXX
01/18/2007 - R 11/14/2006 - D	Mortgage (2007011100935001)	XXXXXX XXXXX	XXXXXXXX XXXX XXXX
08/19/2010 - R 05/25/2006 - D	Satisfaction of Mortgage (2006052600930001)	XXXXXX XXXXX	XXXX XX XXXXXXX XXX XXXXXXXXXX XXXXXXXX XXXXXXX XX
07/07/2006 - R 05/24/2006 - D	Satisfaction of Mortgage (2006061201615001)	XXXXXX XXXXX
07/29/2004 - R 05/11/2004 - D	Satisfaction of Mortgage (2004051301739001)	XXXXXX XXXXX	XXXXXXXX XXXX XXXXXXXX XX
09/16/2004 - R 04/23/2004 - D	Mortgage (2004042800368002)	XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 Ridgewood 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

$5,484

Municipal exemptions

Recent tax assessments

Market value

$1,341,000

Assessed value

$80,460

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	$1,127,000	$67,620	$26,077	19.843%	$5,174	$5,174	+4.72%
2024/25	$890,000	$53,400	$24,602	20.085%	$4,941	$4,941	0.00%
2023/24	$971,000	$58,260	$24,602	20.085%	$4,941	$4,941	-0.33%
2022/23	$909,000	$54,540	$24,412	20.309%	$4,958	$4,958	+7.85%
2021/22	$918,000	$55,080	$23,030	19.963%	$4,597	$4,597	+0.52%
2020/21	$767,000	$46,020	$21,731	21.045%	$4,573	$4,573	+5.38%
2019/20	$705,000	$42,300	$20,502	21.167%	$4,340	$4,340	+1.19%
2018/19	$765,000	$45,900	$20,502	20.919%	$4,289	$4,289	+3.42%
2017/18	$528,000	$31,680	$20,343	20.385%	$4,147	$4,147	+8.09%
2016/17	$520,000	$31,200	$19,192	19.991%	$3,837	$3,837	+8.35%

Permits

Permit information for 505 Ridgewood Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
01/04/2021	Alteration
09/28/2020	Alteration
09/22/2020	Alteration type 2
09/03/2020	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/05/2026	A
	06/10/2025	A
	11/17/2023	I

*Most recent HPD violations on record for this property.

Neighborhood

Cypress Hills, City Line residential market stats

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Pine St & Fulton St at NE Corner

Station lines

J-Z

Distance (miles)

0.223

View subway map

Access the detailed traffic volume map for 505 Ridgewood Avenue, Brooklyn, NY 11208 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. 7 Abraham Lincoln	4	Yes	Public	PK, K-5	628	0.25
P.S. 7 Abraham Lincoln	4	Yes	Public	PK, K-5	628	0.25
Blessed Sacrament School	NR	No	Private	PK, K-8	283	0.25
Blessed Sacrament School	NR	No	Private	PK, K-8	283	0.25
Cypress Hills Ascend Charter	7	No	Charter	K-5	387	0.39
P.S. 65	7	No	Public	PK, K-5	471	0.43
P.S. 65	7	No	Public	PK, K-5	471	0.43
MS 935	7	No	Public	6	181	0.47
P.S. 938	NR	No	Public	PK, K-2	140	0.47
P.S. 938	NR	No	Public	PK, K-2	140	0.47

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
HIGHLAND PARK COMMUNITY SCHOOL	5	Yes	Public	6-8	277	0.05
Is 171 Abraham Lincoln	3	Yes	Public	6-8	264	0.05
Blessed Sacrament School	NR	No	Private	PK, K-8	283	0.25
MS 935	7	No	Public	6	181	0.47
St Thomas The Apostle	NR	No	Private	PK-8	253	0.73
Followers of Jesus School	NR	No	Private	1-12	36	0.79
Achievement First Apollo Charter School	6	No	Charter	K-8	912	0.96
Vista Academy	7	No	Public	6-8	418	0.96
Liberty Avenue Middle School	4	No	Public	6-8	439	0.96
P.S. 89 Cypress Hills	3	No	Public	PK, K-8	474	1.04

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
URBAN ASSEMBLY SCHOOL FOR COLLABORATIVE HEALTHCARE	NR	No	Public	9-12	337	0.46
Brooklyn Lab School	5	No	Public	9-12	395	0.46
Cypress Hills Collegiate Preparatory School	4	No	Public	9-12	404	0.46
Multicultural High School	4	No	Public	9-12	335	0.46
Academy of Innovative Technology	4	No	Public	9-12	406	0.46
Transit Tech Career and Technical Education High School	4	No	Public	9-12	805	0.58
Followers of Jesus School	NR	No	Private	1-12	36	0.79
The School For Classics: An Academy Of Thinkers	2	No	Public	9-12	269	1.17
High School Construction Trades Engineering And Architecture	8	No	Public	9-12	1,075	1.55
W H Maxwell Career and Technical Education High School	2	No	Public	9-12	408	1.61

Frequently asked questions

What is the year built for 505 Ridgewood Avenue, Brooklyn, NY 11208?

The development at 505 Ridgewood Avenue, Brooklyn, NY 11208 was built in 1905.

What is the total square footage of 505 Ridgewood Avenue, Brooklyn, NY 11208?

505 Ridgewood Avenue, Brooklyn, NY 11208 has a total of 3,174 square feet.

When was 505 Ridgewood Avenue, Brooklyn, NY 11208 last sold and what was the sale price?

505 Ridgewood Avenue, Brooklyn, NY 11208 was last sold on 08/20/2020 for $950,000.

What is the assessed value of 505 Ridgewood Avenue, Brooklyn, NY 11208?

505 Ridgewood Avenue, Brooklyn, NY 11208 is currently assessed at $80,460.

What are the property taxes for 505 Ridgewood Avenue, Brooklyn, NY 11208?

The property taxes for 505 Ridgewood Avenue, Brooklyn, NY 11208 total $5,483.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.