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506 East New York Avenue, Brooklyn, NY 11225 Property Information

506 East New York Avenue, Brooklyn, NY 11225 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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506 East New York Avenue, Brooklyn, NY 11225 1
static Mapbox map

Address

Primary address 506 East New York Avenue
Neighborhood Wingate
Zip code 11225
Borough Brooklyn
Block & lot 04792-0024

Sales & Tax Overview for 506 East New York Avenue, Brooklyn

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

Purchase date 02/17/2022
Purchase price $1,200,000
Tax class
Estimated property tax $15,347

Lot & Building Information for 506 East New York Avenue, Brooklyn

Lot sq. ft. 1,725
Lot dimensions 23 ft x 75 ft
Property type Office Only 2-6 Stories (O2)
Building sqft 2,400
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 2
Year built 1931
Construction type
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Zoning & Use for 506 East New York Avenue, Brooklyn

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 9
Closest police station 0.19 Miles
Closest fire station 0.37 Miles

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

Other Property Data for 506 East New York 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 East New York Avenue, Brooklyn, NY 11225, 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 East New York Avenue, Brooklyn, NY 11225, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 506 East New York Avenue, Brooklyn

How many sq. ft. does 506 East New York Avenue, Brooklyn, NY 11225 have & what is the price per sq. ft?

This Office Only 2-6 Stories (O2) located at 506 East New York Avenue, Brooklyn, NY 11225 has a total of 2,400 square feet and a current price per square foot of $500.

What is the year built & the current market value of 506 East New York Avenue, Brooklyn, NY 11225?

506 East New York Avenue, Brooklyn, NY 11225 was built in 1931 and has a current tax assessor's market value of $327,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 506 East New York Avenue, Brooklyn

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Property owner name for 506 East New York Avenue, Brooklyn, NY 11225
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Building contacts for 506 East New York Avenue, Brooklyn, NY 11225
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 506 East New York Avenue, Brooklyn

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

Purchase date Purchase price Buyer name Seller name
02/17/2022 $1,200,000

Title Documents for 506 East New York 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
03/04/2022 - R Initial UCC1
(2022022401161004)
02/17/2022 - D
03/04/2022 - R
Assignment of Leases and Rents
(2022022401161003)
02/17/2022 - D
03/04/2022 - R
Mortgage
(2022022401161002)
02/17/2022 - D
03/04/2022 - R
Deed
(2022022401161001)
06/11/2015 - D
09/25/2015 - R
Deed
(2015092301159001)
07/20/1999 - R Discharge of Tax Lien
(3680006695668)
02/10/1999 - R Contract of Sale
(3760006453676)
02/09/1999 - D
07/20/1999 - R
Deed
(3120006696212)
01/21/1997 - R Assignment, Mortgage
(3570005491257)
06/12/1996 - R Tax Lien Sale Certificate
(3420005207142)
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R: Recorded date
D: Document date

Property Taxes for 506 East New York Avenue, Brooklyn

Access detailed property tax data for 506 East New York Avenue, Brooklyn, NY 11225. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $14,469
Estimated property tax: $15,347
Tax assessor's market value: $327,000
Assessed value: $147,150

Assessment History for 506 East New York Avenue, Brooklyn

Here's the assessment & property tax history for 506 East New York 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 $327,000 $147,150 $133,380 10.848% $14,469 $14,469 +0.80%
2024/25 $312,000 $140,400 $133,380 10.762% $14,354 $14,354 +1.74%
2023/24 $306,000 $137,700 $133,200 10.592% $14,109 $14,109 +2.97%
2022/23 $286,000 $128,700 $128,700 10.646% $13,701 $13,701 +12.79%
2021/22 $251,000 $112,950 $112,950 10.755% $12,148 $12,148 -15.35%

Permits for 506 East New York Avenue, Brooklyn

The complete history of permits filed for 506 East New York 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
07/21/1999 Alteration type 2
         
         
         
         
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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)

Transportation

Distance to Subway
Closest station Nostrand Ave & Sterling St at NE Corner
Station lines 2-5
Distance (miles) 0.269
View subway map
Bus Routes
Name New York Av/East New York Av
Line B44
Distance (miles) 0.099

Neighbors for 506 East New York Avenue, Brooklyn

Here are the neighbors for 506 East New York Avenue, Brooklyn, NY 11225.

Address Square feet Purchase date Purchase price
544 Brooklyn Ave, Brooklyn 6,383 12/09/2005
441 Maple St, Brooklyn 2,750 11/09/1979
437 Maple St, Brooklyn 1,113 10/27/2003 $168,000
512 E New York Ave, Brooklyn 06/11/2015
443 Maple St, Brooklyn 11/09/1979
496 E New York Ave, Brooklyn 2,080 07/29/2015 $496,000
508 E New York Ave, Brooklyn 1,660 06/11/2015
435 Maple St, Brooklyn 5,577 05/14/2009 $200,000
538 Brooklyn Ave, Brooklyn 5,494 12/08/2005
490 E New York Ave, Brooklyn 1,167 05/12/2023 $3,500,000
486 E New York Ave, Brooklyn 1,215 07/22/2015
476 E New York Ave, Brooklyn 2,000 01/18/2011 $414,000
474 E New York Ave, Brooklyn 7,633 07/06/2023 $6,200,000
514 E New York Ave, Brooklyn 2,022 04/06/1995
453 Maple St, Brooklyn 6,590 10/16/2013
504 E New York Ave, Brooklyn 340 02/17/2022 $1,200,000
500 E New York Ave, Brooklyn 510 01/21/1997
502 E New York Ave, Brooklyn 1,600 10/27/2014 $460,000
470 E New York Ave, Brooklyn 4,125 10/22/2024
466 E New York Ave, Brooklyn 1,680 06/27/2008 $491,100
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