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501 Chestnut Street, Brooklyn, NY 11208 Property Information

501 Chestnut Street, Brooklyn, NY 11208 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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501 Chestnut Street, Brooklyn, NY 11208 1
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Address

Primary address 501 Chestnut Street
Neighborhood East New York
Zip code 11208
Borough Brooklyn
Block & lot 04231-0006

Sales & Tax Overview for 501 Chestnut Street, Brooklyn

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

Purchase date 08/28/2020
Purchase price $649,000
Tax class
Estimated property tax $5,179

Lot & Building Information for 501 Chestnut Street, Brooklyn

Lot sq. ft. 1,587
Lot dimensions 20 ft x 79.33 ft
Property type Miscellaneous One Family (A9)
Building sqft 1,872
Building dimensions 20 ft x 35 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material Frame
Exterior wall Aluminum/vinyl
Basement type Full
Year built 1899
Year last altered 2019
Frontage(s) Chestnut Street (narrow)
Nearest wide street Pitkin Avenue
Distance to wide street
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Zoning & Use for 501 Chestnut Street, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.47 Miles
Closest fire station 0.20 Miles

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

Other Property Data for 501 Chestnut Street, Brooklyn

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Floor area ratio (FAR) for 501 Chestnut Street, Brooklyn, NY 11208, 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 501 Chestnut Street, Brooklyn, NY 11208, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 501 Chestnut Street, Brooklyn

What is the year built & the total sq. ft. for 501 Chestnut Street, Brooklyn, NY 11208?

501 Chestnut Street, Brooklyn, NY 11208 was built in 1899 and has a total of 1,872 square feet.

What is the assessed value of 501 Chestnut Street, Brooklyn, NY 11208 and the property tax paid?

Assessed at $52,080, the tax amount paid for 501 Chestnut Street, Brooklyn, NY 11208 is $5,009. For the next year, the tax amount for 501 Chestnut Street, Brooklyn, NY 11208 is estimated at $5,179.

When was 501 Chestnut Street, Brooklyn, NY 11208 last sold and what was the last sale price?

501 Chestnut Street, Brooklyn, NY 11208 was last sold in 08/28/2020 for $649,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 501 Chestnut Street, Brooklyn

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Property owner name for 501 Chestnut Street, Brooklyn, NY 11208
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Building contacts for 501 Chestnut Street, Brooklyn, NY 11208
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 501 Chestnut Street, Brooklyn

Create a free account to view the complete sales history for 501 Chestnut Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/28/2020 $649,000
03/16/2018 $350,000
09/23/2017 $240,500
       
       
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*Here are the three most recent sales for this property.

Title Documents for 501 Chestnut 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
04/27/2026 - D
04/28/2026 - R
Assignment, Mortgage
(2026042800256001)
04/04/2024 - D
04/08/2024 - R
Assignment, Mortgage
(2024040500426001)
02/20/2023 - D
03/01/2023 - R
Mortgage and Consolidation
(2023022800826001)
10/21/2020 - D
11/05/2020 - R
Assignment, Mortgage
(2020103000701001)
08/28/2020 - D
09/08/2020 - R
Mortgage
(2020090800348002)
08/28/2020 - D
09/08/2020 - R
Deed
(2020090800348001)
08/27/2018 - D
09/08/2020 - R
Satisfaction of Mortgage
(2020090800348003)
03/16/2018 - D
04/02/2018 - R
Mortgage
(2018032001015002)
03/16/2018 - D
04/02/2018 - R
Deed
(2018032001015001)
09/23/2017 - D
10/02/2017 - R
Deed
(2017092800996001)
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R: Recorded date
D: Document date

Property Taxes for 501 Chestnut Street, Brooklyn

Access detailed property tax data for 501 Chestnut Street, Brooklyn, NY 11208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,010
Estimated property tax: $5,179
Tax assessor's market value: $868,000
Assessed value: $52,080

Assessment History for 501 Chestnut Street, Brooklyn

Here's the assessment & property tax history for 501 Chestnut 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 $868,000 $52,080 $25,246 19.843% $5,010 $5,010 -1.20%
2024/25 $908,000 $54,480 $25,246 20.085% $5,071 $5,071 +74.87%
2023/24 $741,000 $44,460 $14,437 20.085% $2,900 $2,900 +4.61%
2022/23 $718,000 $43,080 $13,648 20.309% $2,772 $2,772 +7.68%
2021/22 $703,000 $42,180 $12,896 19.963% $2,574 $2,574 +0.40%

Permits for 501 Chestnut Street, Brooklyn

The complete history of permits filed for 501 Chestnut 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
09/14/2018 Alteration type 2
         
         
         
         
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East New York Residential Market Stats

Access a detailed real estate market overview of East New York so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in East New York and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$555,000
-14% YoY
Median Price/Sqft
$493
11% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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: 5 (See more on map)

Transportation

Distance to Subway
Closest station Euclid Ave & Pitkin Ave at SW Corner
Station lines A-C
Distance (miles) 0.067
View subway map
Bus Routes
Name Euclid Av/Pitkin Av
Line B13
Distance (miles) 0.067

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 159 Isaac Pitkin 4 Yes Public PK, K-5 611 0.20
P.S. 159 Isaac Pitkin 4 Yes Public PK, K-5 611 0.20
P.S. 345 Patrolman Robert Bolden 5 No Public PK, K-5 517 0.39
P.S. 345 Patrolman Robert Bolden 5 No Public PK, K-5 517 0.39
Brooklyn Scholars Charter School 6 No Charter K-8 717 0.46

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Vista Academy 7 Yes Public 6-8 418 0.60
Liberty Avenue Middle School 4 Yes Public 6-8 439 0.60
Jhs 218 James P Sinnott 4 No Public 6-8 305 0.35
Brooklyn Scholars Charter School 6 No Charter K-8 717 0.46
MS 935 7 No Public 6 181 0.48

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Transit Tech Career and Technical Education High School 4 No Public 9-12 805 0.32
The School For Classics: An Academy Of Thinkers 2 No Public 9-12 269 0.35
Followers of Jesus School NR No Private 1-12 36 0.55
East New York Family Academy 5 No Public 6-12 659 1.17
Academy for Young Writers 5 No Public 6-12 483 1.19

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 501 Chestnut Street, Brooklyn

Here are the neighbors for 501 Chestnut Street, Brooklyn, NY 11208.

Address Square feet Purchase date Purchase price
493 Chestnut St, Brooklyn 1,782 07/18/2025
187 Crystal St, Brooklyn 2,000 04/13/2013
193 Crystal St, Brooklyn 2,000 12/08/2014
2674 Pitkin Ave, Brooklyn 2,400 12/14/2016
2676 Pitkin Ave, Brooklyn 1,920 09/15/2000
505 Chestnut St, Brooklyn 1,848 02/03/2006
495 Chestnut St, Brooklyn 2,115 06/08/2016
507 Chestnut St, Brooklyn 1,872 02/22/2001
509 Chestnut St, Brooklyn 1,848 08/15/1973
2678 Pitkin Ave, Brooklyn 1,800 01/25/2005 $375,500
2682 Pitkin Ave, Brooklyn 1,800 10/04/1996
947 Belmont Ave, Brooklyn 2,508 11/21/2003
2686 Pitkin Ave, Brooklyn 1,800 10/07/2022
945 Belmont Ave, Brooklyn 1,848 07/06/2016
513 Chestnut St, Brooklyn 2,310 01/29/2007 $587,100
197 Crystal St, Brooklyn 2,000
499 Chestnut St, Brooklyn 1,725 10/08/2019 $525,000
2684 Pitkin Ave, Brooklyn 1,800 03/22/2024 $655,000
953 Belmont Ave, Brooklyn 2,046 07/01/2016
497 Chestnut St, Brooklyn 1,872 12/05/2022 $580,000
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