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505 Grand Street, New York, NY 10002 Property Information

505 Grand Street, New York, NY 10002 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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505 Grand Street, New York, NY 10002 3
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Address

Primary address 505 Grand Street
Secondary address 507 Grand St
Neighborhood Lower East Side
Zip code 10002
Borough Manhattan
Block & lot 00288-0045

Sales & Tax Overview for 505 Grand Street, New York

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

Tax class
Estimated property tax $39,279

Lot & Building Information for 505 Grand Street, New York

Lot sqft 2,046
Lot dimensions 34.42 ft x 73.83 ft
Building class Single or Multiple Dwelling with Stores or Offices (S9) i
Building sqft 4,163
Building dimensions 18 ft x 49 ft
Buildings on lot 2
Stories 3
Year built 1910
Construction type
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Zoning & Use for 505 Grand Street, New York

Zoning
Qualified opportunity zone
Residential units (DOF) 4
Commercial units 2
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 1
Community district 3
Closest police station 0.14 Miles
Closest fire station 0.10 Miles

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

Other Property Data for 505 Grand Street, New York

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 505 Grand Street, New York, NY 10002, 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 505 Grand Street, New York, NY 10002, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 507 Grand St, New York, NY 10002

About 505 Grand Street, New York

How many square feet does 505 Grand Street, New York, NY 10002 have?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 505 Grand Street, New York, NY 10002 has a total of 4,163 square feet.

What is the year built & the current market value of 505 Grand Street, New York, NY 10002?

505 Grand Street, New York, NY 10002 was built in 1910 and has a current tax assessor's market value of $1,942,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 505 Grand Street, New York

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Property owner name for 505 Grand Street, New York, NY 10002
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Building contacts for 505 Grand Street, New York, NY 10002
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 505 Grand Street, New York

507 Grand St
Listing type For Lease
Listing date 03/24/2026
Last updated 03/24/2026
Lot size 0.047 Acre

 Former Grand street cleaners- tailor shop --800 sq ft open space -- exposed brick -- great natural sunlight ---heavy foot traffic 

Art and culture thrive in the Lower East Side, with numerous galleries, music venues, and theaters scattered throughout the area.

Transportation in the Lower East Side is convenient, with subway lines and bus routes connecting residents to the rest of the city. 

 

 

 

View Listing

Brokers

Eric Lupo
Active Listings For This Property:
For Lease 507 Grand St
507 Grand St
505 Grand Street, New York
Property Multi-Family
Availability Spaces listed / Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 505 Grand Street, New York

Create a free account to view the complete sales history for 505 Grand Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 505 Grand Street, New York

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
09/25/2025 - D
10/08/2025 - R
Assignment of Leases and Rents
(2025100700719004)
09/25/2025 - D
10/08/2025 - R
Agreement
(2025100700719003)
09/25/2025 - D
10/08/2025 - R
Assignment, Mortgage
(2025100700719002)
09/25/2025 - D
10/08/2025 - R
Termination of Assign of L&R
(2025100700719001)
04/01/2025 - D
04/16/2025 - R
Asgn of Asgn of L&R
(2025041400789003)
04/01/2025 - D
04/16/2025 - R
Agreement
(2025041400789002)
04/01/2025 - D
04/16/2025 - R
Assignment, Mortgage
(2025041400789001)
12/14/2023 - D
10/03/2024 - R
Asgn of Asgn of L&R
(2024100300250004)
12/14/2023 - D
10/03/2024 - R
Assignment, Mortgage
(2024100300250002)
03/12/2023 - D
10/03/2024 - R
Asgn of Asgn of L&R
(2024100300250003)
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R: Recorded date
D: Document date

Property Taxes for 505 Grand Street, New York

Access detailed property tax data for 505 Grand Street, New York, NY 10002. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $36,371
Estimated property tax: $39,279
Tax assessor's market value: $1,942,000
Assessed value: $873,900

Assessment History for 505 Grand Street, New York

Here's the assessment & property tax history for 505 Grand Street, New York, 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 $1,942,000 $873,900 $292,392 12.439% $36,371 $36,371 -0.49%
2024/25 $1,821,000 $819,450 $292,391 12.5% $36,549 $36,549 +3.18%
2023/24 $2,110,000 $949,500 $283,326 12.502% $35,421 $35,421 +10.07%
2022/23 $2,286,000 $1,028,700 $262,340 12.267% $32,181 $32,181 +8.28%
2021/22 $1,829,000 $823,050 $242,908 12.235% $29,720 $29,720 +7.72%

Permits for 505 Grand Street, New York

The complete history of permits filed for 505 Grand Street, New York, 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
09/19/2024 Alteration
09/12/2024 Alteration
04/10/2024 Alteration
03/12/2024 Alteration
05/19/2018 Alteration
05/19/2018 Alteration
05/19/2018 Alteration
05/19/2018 Alteration
10/05/2017 Alteration type 2
10/05/2017 Alteration type 2
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Manhattan Commercial Market Stats

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

Median Price/Sqft Q3/2025
$611
-10.5% YoY
Median Price/Sqft Q2/2025
$625
5.3% YoY
Median Price/Sqft 2024
$620
-4.2% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station Norfolk St & Delancey St at NE Corner
Station lines F-J-M-Z
Distance (miles) 0.372
View subway map
Bus Routes
Name Grand St/East Broadway
Line M14A
Distance (miles) 0.011

Neighbors for 505 Grand Street, New York

Here are the neighbors for 505 Grand Street, New York, NY 10002.

Address Square feet Purchase date Purchase price
311 E Broadway, New York 8,030
283 E Broadway, New York 7,900 05/25/1978
509 Grand St, New York 4,518 11/11/1999
517 Grand St, New York 1,403 04/13/2004 $990,000
269 Henry St, New York 6,045 10/25/2017 $1
281 E Broadway, New York 2,184 02/28/1977
265 Henry St, New York 9,573
523 Grand St, New York 2,178 01/21/1981
27 Forsyth St, New York 16,486
511 Grand St, New York 1,836 07/06/2011 $1,360,000
527 Grand St, New York 3,714 02/14/2017
525 Grand St, New York 850 05/10/2018
313 Henry St, New York 8,256
279 E Broadway, New York 3,410 03/17/2008
521 Grand St, New York 7,000 01/21/1997
503 Grand St, New York 2,523
26 Forsyth St, New York 945 04/27/2011
263 Henry St, New York 5,100
513 Grand St, New York 1,236 10/23/2019
515 Grand St, New York 1,507 11/03/2023 $1,225,000
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