New York City  »  11225  »  Flatbush Ave  »  500 Flatbush Ave

500 Flatbush Avenue, Brooklyn, NY 11225 - Property report

Also known as: 500 Flatbush Ave

Property image for 500 Flatbush Avenue, Brooklyn, NY 11225
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1925

Lot sq. ft.

2,400

Sale price

$10

General information

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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
500 Flatbush Avenue
ZIP code
11225
Neighborhood
Prospect - Lefferts Gardens
Borough
Brooklyn
Block & lot
05024-0049

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,550
Building dimensions
17 ft x 50 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Sales
Sale date
12/11/2008
Sale price
$10
Tax
Tax year
2026-2027
Property tax
$6,856
Tax class
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Commercial units
1
Retail sq. ft.
Lot
Lot dimensions
17 ft x 89.58 ft
Lot sq. ft.
2,400
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
2,544 sq. ft.
Buildable area

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.74 Miles
Closest fire station
0.46 Miles

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

Ownership

Ownership information for 500 Flatbush Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 500 Flatbush Avenue, Brooklyn, NY 11225

Sale date Sale price Buyer name Seller name
12/11/2008 $10 XXX XXXXXXXX XXX X XXXXXX, XXXXXXXX XXX XXXXX, XXXX
05/03/2006 $550,000 XXXXXX XXXXX, XXXX XXXXXXXXXX-XXXXXX, XXXXXXXXX XXXX XXX XXXXXX, XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/01/2023 - R
11/15/2023 - D		 Satisfaction of Mortgage
(2023120100129001)		 XXXXX XXXX X XXXXX XXXXXXXX XXX
04/11/2019 - R
03/04/2019 - D		 Assignment, Mortgage
(2019022600625009)		 X X XXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXX XXX
05/29/2015 - D
05/29/2015 - R		 Maps
(2015052700552001)		 XXX XXXX XX XXXX XXXXXXXX
05/11/2011 - R
04/22/2011 - D		 Assignment, Mortgage
(2011050400449001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX
12/26/2008 - R
12/11/2008 - D		 Deed
(2008121000147001)		 XXXXXX XXXXXXXX XXX XXXXXXXX XXX X
08/18/2008 - R
02/27/2008 - D		 Assignment, Mortgage
(2008081401026001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XX X XXXX XXXXXXXX XXXX
06/15/2006 - R
06/06/2006 - D		 Deed
(2006061500280001)		 XXXXX XXXXXX XXXX XXXXXX XXXXXXXX
05/26/2006 - R
05/16/2006 - D		 Satisfaction of Mortgage
(2006051800659001)		 XXXXXXXXXXXXXXXX XXXXXX XXXXXXXX XXXXXXXX XXXXXXX XXXX
05/31/2006 - R
05/03/2006 - D		 Initial UCC1
(2006051500173005)		 XXXXX XXXX XXXXXX XXXXX XXXXXXX
05/31/2006 - R
05/03/2006 - D		 Mortgage
(2006051500173004)		 XXXXX XXXX XXXXXX XXXXXX XXXXXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 Flatbush 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
$6,856
Municipal exemptions
Recent tax assessments
Market value
$2,279,000
Assessed value
$136,740

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 $2,156,000 $129,360 $32,596 19.843% $6,468 $6,468 +1.05%
2024/25 $1,805,000 $108,300 $31,870 20.085% $6,401 $6,401 +6.00%
2023/24 $1,699,000 $101,940 $30,067 20.085% $6,039 $6,039 +0.04%
2022/23 $1,334,000 $80,040 $29,722 20.309% $6,036 $6,036 +5.01%
2021/22 $1,174,000 $70,440 $28,793 19.963% $5,748 $5,748 +0.55%
2020/21 $1,068,000 $64,080 $27,163 21.045% $5,716 $5,716 +1.69%
2019/20 $929,000 $55,740 $26,558 21.167% $5,622 $5,622 +7.25%
2018/19 $774,000 $46,440 $25,056 20.919% $5,241 $5,241 +3.81%
2017/18 $722,000 $43,320 $24,768 20.385% $5,049 $5,049 +5.26%
2016/17 $602,000 $36,120 $23,994 19.991% $4,797 $4,797 +8.37%
Permits

Permit information for 500 Flatbush Avenue, Brooklyn, NY

No recently recorded permits 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Flatbush Ave & Empire Blvd at SW Corner
Station lines
B-Q-FS
Distance (miles)
0.044
View subway map

Access the detailed traffic volume map for 500 Flatbush Avenue, Brooklyn, NY 11225 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 500 Flatbush Avenue, Brooklyn, NY

504 Flatbush Ave, Brooklyn 494 Flatbush Ave, Brooklyn 21 Lincoln Rd, Brooklyn 524 Flatbush Ave, Brooklyn 498 Flatbush Ave, Brooklyn 65 Ocean Ave, Brooklyn 526 Flatbush Ave, Brooklyn 532 Flatbush Ave, Brooklyn 518 Flatbush Ave, Brooklyn 522 Flatbush Ave, Brooklyn 496 Flatbush Ave, Brooklyn 516 Flatbush Ave, Brooklyn 39 Ocean Ave, Brooklyn 55 Ocean Ave, Brooklyn 502 Flatbush Ave, Brooklyn 510 Flatbush Ave, Brooklyn 528 Flatbush Ave, Brooklyn 492 Flatbush Ave, Brooklyn 15 Ocean Ave, Brooklyn 45 Ocean Ave, Brooklyn

Nearby ZIP codes for 500 Flatbush Avenue, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11221, New York City, NY 11226, New York City, NY 11230, New York City, NY 11231, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 500 Flatbush Avenue, Brooklyn, NY 11225?

The development at 500 Flatbush Avenue, Brooklyn, NY 11225 was built in 1925.

What is the market value of 500 Flatbush Avenue, Brooklyn, NY 11225?

The current market value of 500 Flatbush Avenue, Brooklyn, NY 11225 is $2,279,000.

What is the total square footage of 500 Flatbush Avenue, Brooklyn, NY 11225?

500 Flatbush Avenue, Brooklyn, NY 11225 has a total of 2,550 square feet.

What is the price per square foot for this property?

$0 per square foot is the price for 500 Flatbush Avenue, Brooklyn, NY 11225.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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