New York City  »  11207  »  New Lots Ave  »  508 New Lots Ave

508 New Lots Avenue, Brooklyn, NY 11207 - Property report

Also known as: 508 New Lots Ave

Property image for 508 New Lots Avenue, Brooklyn, NY 11207
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

2004

Lot sq. ft.

1,446

Sale price

$700,000 - M

General information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
508 New Lots Avenue
Alternate address(es)
510 New Lots Ave
ZIP code
11207
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04303-0008

Owner

Find out who owns 508 New Lots Avenue, Brooklyn, NY 11207. Uncover corporate and individual owners with a free account.

Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
1,216
Building dimensions
8 ft x 46 ft
Buildings on lot
1
Stories
3
Year built
2004
Building material
Sales
Sale date
02/25/2004
Sale price
$700,000 - M
Tax
Tax year
2026-2027
Property tax
$3,555
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
20 ft x 72.17 ft
Lot sq. ft.
1,446

Area overview

Walk score
86 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
19
Community district
5
Closest police station
0.65 Miles
Closest fire station
0.33 Miles

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

Ownership

Ownership information for 508 New Lots 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 508 New Lots Avenue, Brooklyn, NY 11207

Sale date Sale price Buyer name Seller name
02/25/2004 $700,000 XXXXXXXX XXXXXX XX XXX XXXX, XXX. XXX XXXX XX XXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/12/2023 - R
09/07/2023 - D		 Deed
(2023090700348001)		 XXX XXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXX
11/24/2017 - R
11/20/2017 - D		 Certificate
(2017112200473002)		 XXXXX XXXXXXXX XXXX
11/24/2017 - R
11/20/2017 - D		 Zoning Lot Description
(2017112200473001)		 XXXXXXXXXX XXXXXXXX
08/08/2017 - R
07/28/2017 - D		 Discharge of Tax Lien
(2017080700048001)		 XXX XXXX XX XXX XXXX XXXXXX
06/20/2017 - R
06/07/2017 - D		 Deed
(2017061600746001)		 XXXXXXXX XXXXXX XX XX XXX XXXXXXXXXX XXXXXXXX
07/17/2017 - R
05/16/2017 - D		 Discharge of Tax Lien
(2017071400029001)		 XXXX XX XXX XXXX
07/14/2017 - R
04/13/2017 - D		 Satisfaction of Mortgage
(2017071300879001)		 XXXXXXXX XXXXXX XX XXX XXXX XXX XXXX XX XXX XXXX
05/11/2016 - R
04/30/2016 - D		 Assignment of Tax Lien
(2016050901284004)		 XXX XXXX XX XXX XXXX XXXXXX XXX XXXX XX XXX XXXX XXXXXX
08/20/2014 - R
08/13/2014 - D		 Tax Lien Sale Certificate
(2014081301024001)		 XXXX XX XXX XXXX XXXX XX XXX XXXX
12/27/2013 - R
11/16/2011 - D		 Assignment of Tax Lien
(2013120300763002)		 XXX XXXX XX XXX XXXX XXXXXX XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 508 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
$3,555
Municipal exemptions
Recent tax assessments
Market value
$462,000
Assessed value
$27,720

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 $351,000 $21,060 $17,617 19.843% $3,496 $3,496 +4.72%
2024/25 $277,000 $16,620 $16,620 20.085% $3,338 $3,338 +69.94%
2023/24 $163,000 $9,780 $9,780 20.085% $1,964 $1,964 +2.07%
2022/23 $163,000 $9,780 $9,476 20.309% $1,924 $1,924 +7.81%
2021/22 $149,000 $8,940 $8,940 19.963% $1,785 $1,785 -5.13%
2020/21 $149,000 $8,940 $8,940 21.045% $1,881 $1,881 +2.12%
2019/20 $149,000 $8,940 $8,704 21.167% $1,842 $1,842 +7.26%
2018/19 $149,000 $8,940 $8,211 20.919% $1,718 $1,718 +5.41%
2017/18 $139,000 $8,340 $7,994 20.385% $1,630 $1,630 +4.67%
2016/17 $161,000 $9,660 $7,788 19.991% $1,557 $1,557 +3.56%
Permits

Permit information for 508 New Lots Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/11/2024 Alteration
07/27/2023 New building
03/15/2004 New building
03/15/2004 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Van Siclen Ave & Livonia Ave at SE Corner
Station lines
3
Distance (miles)
0.152
View subway map

Access the detailed traffic volume map for 508 New Lots Avenue, Brooklyn, NY 11207 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

Neighbors for 508 New Lots Avenue, Brooklyn, NY

712 Miller Ave, Brooklyn 655 Wyona St, Brooklyn 657 Wyona St, Brooklyn 516 New Lots Ave, Brooklyn 694 Miller Ave, Brooklyn 700 Miller Ave, Brooklyn 504 New Lots Ave, Brooklyn 500 New Lots Ave, Brooklyn 716 Miller Ave, Brooklyn 496 New Lots Ave, Brooklyn 722 Miller Ave, Brooklyn 494 New Lots Ave, Brooklyn 643 Wyona St, Brooklyn 696 Miller Ave, Brooklyn 708 Miller Ave, Brooklyn 647 Wyona St, Brooklyn 651 Wyona St, Brooklyn 704 Miller Ave, Brooklyn 720 Miller Ave, Brooklyn 502 New Lots Ave, Brooklyn

Nearby ZIP codes for 508 New Lots Avenue, Brooklyn, NY

11203, New York City, NY 11206, New York City, NY 11208, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11221, New York City, NY 11225, New York City, NY 11233, New York City, NY 11236, New York City, NY 11237, New York City, NY 11239, New York City, NY 11374, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY 11414, New York City, NY 11416, New York City, NY 11417, New York City, NY 11421, New York City, NY

Frequently asked questions

What is the year built for 508 New Lots Avenue, Brooklyn, NY 11207?

The development at 508 New Lots Avenue, Brooklyn, NY 11207 was built in 2004.

What is the market value of 508 New Lots Avenue, Brooklyn, NY 11207?

The current market value of 508 New Lots Avenue, Brooklyn, NY 11207 is $462,000.

What is the total square footage of 508 New Lots Avenue, Brooklyn, NY 11207?

508 New Lots Avenue, Brooklyn, NY 11207 has a total of 1,216 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account