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506 Wortman Avenue, Brooklyn, NY 11208 Property Information

Also known as: 943 Essex St, Brooklyn, NY 11208

506 Wortman Avenue, Brooklyn, NY 11208 Property Information

Also known as: 943 Essex St, Brooklyn, NY 11208

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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506 Wortman Avenue, Brooklyn, NY 11208 1
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Address

Primary address 506 Wortman Avenue
Secondary address 943 Essex St
Neighborhood East New York
Zip code 11208
Borough Brooklyn
Block & lot 04407-0001

Sales & Tax Overview for 506 Wortman Avenue, Brooklyn

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

Purchase date 09/30/2015
Purchase price $11,538,800
Tax class
Estimated property tax $84,041

Lot & Building Information for 506 Wortman Avenue, Brooklyn

Lot sq. ft. 9,158
Lot dimensions 100 ft x 97 ft
Property type Factory - Light Manufacturing (F5)
Building sqft 9,154
Building dimensions 100 ft x 97 ft
Buildings on lot 1
Stories 1
Year last altered 2000
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Zoning & Use for 506 Wortman Avenue, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.74 Miles
Closest fire station 0.74 Miles

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

Other Property Data for 506 Wortman Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 506 Wortman Avenue, 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 506 Wortman Avenue, Brooklyn, NY 11208, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 943 Essex St, Brooklyn, NY 11208
  • 506-514 Wortman Ave, Brooklyn, NY 11208

About 506 Wortman Avenue, Brooklyn

How many sq. ft. does 506 Wortman Avenue, Brooklyn, NY 11208 have & what is the price per sq. ft?

This Factory - Light Manufacturing (F5) located at 506 Wortman Avenue, Brooklyn, NY 11208 has a total of 9,154 square feet and a current price per square foot of $1,260.

What is the market value of 506 Wortman Avenue, Brooklyn, NY 11208?

The current market value is $1,857,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 506 Wortman Avenue, Brooklyn

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Property owner name for 506 Wortman Avenue, Brooklyn, NY 11208
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Building contacts for 506 Wortman Avenue, Brooklyn, NY 11208
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 506 Wortman Avenue, Brooklyn

Create a free account to view the complete sales history for 506 Wortman Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/30/2015 $11,538,800

Title Documents for 506 Wortman Avenue, 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
10/30/2015 - D
11/13/2015 - R
Termination of Assign of L&R
(2015110401294001)
10/30/2015 - D
11/13/2015 - R
Satisfaction of Mortgage
(2015110400318001)
10/08/2015 - R UCC3 Termination
(2015100701319001)
10/07/2015 - D
10/16/2015 - R
Satisfaction of Mortgage
(2015101400809002)
10/07/2015 - D
10/16/2015 - R
Termination of Assign of L&R
(2015101400809001)
10/02/2015 - R UCC3 Termination
(2015100200351001)
09/30/2015 - D
10/14/2015 - R
Both RPTT and RETT
(2015101300873001)
06/24/2014 - R UCC3 Continuation
(2014062001231001)
01/06/2010 - R UCC3 Amendment
(2009120301506001)
12/07/2009 - R UCC3 Continuation
(2009120401133001)
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R: Recorded date
D: Document date

Property Taxes for 506 Wortman Avenue, Brooklyn

Access detailed property tax data for 506 Wortman Avenue, Brooklyn, NY 11208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $72,556
Estimated property tax: $84,041
Tax assessor's market value: $1,857,000
Assessed value: $835,650
Exemptions granted by city:

Assessment History for 506 Wortman Avenue, Brooklyn

Here's the assessment & property tax history for 506 Wortman Avenue, 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 $1,857,000 $835,650 $668,841 10.848% $75,304 $72,556 +12.76%
2024/25 $1,671,000 $751,950 $597,883 10.762% $69,796 $64,344 +11.92%
2023/24 $1,577,000 $709,650 $542,764 10.592% $65,538 $57,490 +11.21%
2022/23 $1,441,000 $648,450 $485,575 10.646% $62,480 $51,694 +20.61%
2021/22 $1,167,000 $525,150 $398,506 10.755% $56,480 $42,859 +2.08%

Permits for 506 Wortman Avenue, Brooklyn

The complete history of permits filed for 506 Wortman Avenue, 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
12/15/2011 Alteration type 3
01/22/2010 Alteration type 3
12/07/2004 Alteration type 1
02/19/2004 Alteration type 2
07/09/2003 Alteration type 2
10/09/2002 Alteration type 2
10/02/2002 Alteration type 1
09/06/2001 Alteration type 2
06/29/2000 Alteration type 2
02/10/2000 Full demolition
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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: 3 (See more on map)

Transportation

Distance to Subway
Closest station Ashford St & Livonia Ave at SW Corner
Station lines 3
Distance (miles) 0.571
View subway map
Bus Routes
Name Flatlands Av/Essex St
Line B84
Distance (miles) 0.195

Neighbors for 506 Wortman Avenue, Brooklyn

Here are the neighbors for 506 Wortman Avenue, Brooklyn, NY 11208.

Address Square feet Purchase date Purchase price
975 Essex St, Brooklyn 41,476 09/30/2015 $11,538,800
12033 Flatlands Ave, Brooklyn 11/16/2017 $1,400,000
471 Cozine Ave, Brooklyn 24,240 07/25/2003
430 Wortman Ave, Brooklyn 2,052 05/19/2022
1002 Essex St, Brooklyn 45,900 11/24/2014 $6,250,000
482 Wortman Ave, Brooklyn 9,500 01/24/1973
1000 Alabama Ave, Brooklyn 20,000 11/30/2023 $5,900,000
494 Wortman Ave, Brooklyn 19,000 07/10/2025
961 Elton St, Brooklyn 22,140
957 Essex St, Brooklyn 4,300 09/30/2015 $11,538,800
1002 Alabama Ave, Brooklyn 8,000 10/11/2023 $4,000,000
12041 Flatlands Ave, Brooklyn 2,100 11/16/2017 $1,400,000
458 Wortman Ave, Brooklyn 36,000
985 Essex St, Brooklyn 35,484 04/09/2015
966 Alabama Ave, Brooklyn 40,804 07/26/2019 $10,700,000
27 Flatlands Ave, Brooklyn 11/16/2017 $1,400,000
434-450 Wortman Ave, Brooklyn 18,600 09/11/1975
528 Wortman Ave, Brooklyn 14,900 12/05/1977
432 Wortman Ave, Brooklyn 2,052 10/31/2005
428 Wortman Ave, Brooklyn 2,052 04/30/1968
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