505 Grand Street, New York, NY 10002 Property Information
505 Grand Street, New York, NY 10002 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
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 | Register |
| Estimated property tax | $39,279 |
Lot & Building Information for 505 Grand Street, New York
| Lot sqft | 2,046 |
| Lot dimensions | |
| Building class | Single or Multiple Dwelling with Stores or Offices (S9) |
| Building sqft | 4,163 |
| Building dimensions |
| Buildings on lot | 2 |
| Stories | 3 |
| Year built | 1910 |
| Construction type | Register |
Area Overview
| 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
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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
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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Spaces for Lease in 505 Grand Street, New York
| 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.
Brokers
Past Sales & Property History for 505 Grand Street, New York
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No recorded sales for this property.
Title Documents for 505 Grand Street, New York
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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.
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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.
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
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Distance to Subway
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| Closest station | Norfolk St & Delancey St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F-J-M-Z | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.372 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |