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500 East 16th Street, Brooklyn, NY 11226 Property Information

500 East 16th Street, Brooklyn, NY 11226 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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500 East 16th Street, Brooklyn, NY 11226 1
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Address

Primary address 500 East 16th Street
Secondary address 1518-1526 Ditmas Ave
Neighborhood Ditmas Park
Zip code 11226
Borough Brooklyn
Block & lot 05201-0008

Sales & Tax Overview for 500 East 16th Street, Brooklyn

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

Purchase date 06/04/2007
Purchase price $899,000
Tax class
Estimated property tax $8,365

Lot & Building Information for 500 East 16th Street, Brooklyn

Lot sq. ft. 4,050
Lot dimensions 70 ft x 81.75 ft
Property type Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sqft 1,800
Building dimensions 32 ft x 33 ft
Buildings on lot 1
Stories 2
Structure type Old style
Building material Frame
Exterior wall Wood
Basement type Full
Year built 1899
Frontage(s) Brighton Line (narrow)
East 16 Street (narrow)
Nearest wide street Ditmas Avenue
Distance to wide street
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Zoning & Use for 500 East 16th Street, Brooklyn

Zoning
Residential units (DOF) 1
Residential sqft

Area Overview

Walk Score
91 /100. Walker's Paradise
Transit Score
98 /100. Rider's Paradise
Bike Score
79 /100. Very Bikeable

School district 22
Community district 14
Closest police station 0.72 Miles
Closest fire station 0.25 Miles

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

Other Property Data for 500 East 16th Street, Brooklyn

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Floor area ratio (FAR) for 500 East 16th Street, Brooklyn, NY 11226, 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 500 East 16th Street, Brooklyn, NY 11226, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1518-1526 Ditmas Ave, Brooklyn, NY 11226

About 500 East 16th Street, Brooklyn

What is the year built & the total sq. ft. for 500 East 16th Street, Brooklyn, NY 11226?

500 East 16th Street, Brooklyn, NY 11226 was built in 1899 and has a total of 1,800 square feet.

What is the assessed value of 500 East 16th Street, Brooklyn, NY 11226 and the property tax paid?

Assessed at $97,716, the tax amount paid for 500 East 16th Street, Brooklyn, NY 11226 is $8,325. For the next year, the tax amount for 500 East 16th Street, Brooklyn, NY 11226 is estimated at $8,365.

When was 500 East 16th Street, Brooklyn, NY 11226 last sold and what was the last sale price?

500 East 16th Street, Brooklyn, NY 11226 was last sold in 06/04/2007 for $899,000.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 500 East 16th Street, Brooklyn

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Property owner name for 500 East 16th Street, Brooklyn, NY 11226
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Building contacts for 500 East 16th Street, Brooklyn, NY 11226
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 500 East 16th Street, Brooklyn

Create a free account to view the complete sales history for 500 East 16th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/04/2007 $899,000

Title Documents for 500 East 16th Street, 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
05/11/2021 - D
07/23/2021 - R		 Agreement
(2021071900550001)
05/11/2021 - D
06/25/2021 - R		 Mortgage
(2021061800317002)
04/21/2021 - D
06/25/2021 - R		 Assignment, Mortgage
(2021061800317001)
11/17/2015 - D
12/14/2015 - R		 Agreement
(2015120801566003)
11/17/2015 - D
12/14/2015 - R		 Mortgage
(2015120801566002)
10/02/2015 - D
12/14/2015 - R		 Assignment, Mortgage
(2015120801566001)
12/11/2009 - D
01/13/2010 - R		 Agreement
(2009123000660003)
12/11/2009 - D
01/13/2010 - R		 Mortgage
(2009123000660002)
11/23/2009 - D
01/13/2010 - R		 Assignment, Mortgage
(2009123000660001)
06/29/2007 - D
08/03/2007 - R		 Mortgage
(2007071901758003)
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R: Recorded date
D: Document date

Property Taxes for 500 East 16th Street, Brooklyn

Access detailed property tax data for 500 East 16th Street, Brooklyn, NY 11226. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $8,326
Estimated property tax: $8,365
Tax assessor's market value: $1,628,600
Assessed value: $97,716

More about New York City Property Taxes

Assessment History for 500 East 16th Street, Brooklyn

Here's the assessment & property tax history for 500 East 16th Street, 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 $1,628,600 $97,716 $41,958 19.843% $8,326 $8,326 +4.72%
2024/25 $1,916,600 $114,996 $39,583 20.085% $7,950 $7,950 +6.00%
2023/24 $1,996,000 $119,760 $37,344 20.085% $7,501 $7,501 +4.82%
2022/23 $1,821,000 $109,260 $35,233 20.309% $7,155 $7,155 +2.03%
2021/22 $1,858,000 $111,480 $35,132 19.963% $7,013 $7,013 -4.69%
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Permits for 500 East 16th Street, Brooklyn

The complete history of permits filed for 500 East 16th Street, 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.

No recorded permits for this property.

Ditmas Park Residential Market Stats

Access a detailed real estate market overview of Ditmas Park so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Ditmas Park and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$625,000
-21.1% YoY
Median Price/Sqft
$875
15.1% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 Marlborough Rd & Newkirk Ave at SE Corner
Station lines B-Q
Distance (miles) 0.151
View subway map
Bus Routes
Name Foster Av/E 18 St
Line B8
Distance (miles) 0.178

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 217 Colonel David Marcus School 5 Yes Public PK, K-5 876 0.29
P.S. 217 Colonel David Marcus School 5 Yes Public PK, K-5 876 0.29
Our Lady of Refuge School NR No Private PK, K-8 0 0.26
Our Lady of Refuge School NR No Private PK, K-8 0 0.26
P.S. 139 Alexine A Fenty 6 No Public PK, K-5 729 0.32
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.45
Our Lady of Refuge School NR No Private PK, K-8 0 0.26
Bonim Lamokom NR No Private 35 0.34
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.34
Yeshiva Torah Vodaath NR No Private K-8 0 0.36
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Bonim Lamokom NR No Private 35 0.34
Torah Vodaath High School NR No Private 9-12 0 0.36
St. John - Holy Trinity Anglica NR No Private 0 0.46
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.51
Midwood High School 7 No Public 9-12 4,062 0.61
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 500 East 16th Street, Brooklyn

Here are the neighbors for 500 East 16th Street, Brooklyn, NY 11226.

Address Square feet Purchase date Purchase price
1525 Newkirk Ave, Brooklyn 2,949 08/31/2021
561 Rugby Rd, Brooklyn 3,171 03/02/2007 $1,140,000
565 Rugby Rd, Brooklyn 3,057 07/25/2002
510 E 16th St, Brooklyn 2,592 09/22/2021 $1,345,000
522 E 16th St, Brooklyn 1,984 05/04/1989
541 Rugby Rd, Brooklyn 3,166 02/08/1993
580 Marlborough Rd, Brooklyn 2,960 01/13/2023 $1,805,000
1517 Newkirk Ave, Brooklyn
1505 Newkirk Ave, Brooklyn 1,466 07/19/1996
555 Rugby Rd, Brooklyn 3,114 03/16/2018 $1,750,000
1401 Newkirk Ave, Brooklyn 28,000 03/15/2022 $18,000,000
568 Marlborough Rd, Brooklyn 2,138 03/29/2013
514 E 16th St, Brooklyn 1,984 10/04/2019 $1,380,000
518 E 16th St, Brooklyn 2,376 09/05/2012
550 E 16th St, Brooklyn 2,490 08/18/2023
1521 Newkirk Ave, Brooklyn 2,372 05/29/2009
543 Rugby Rd, Brooklyn 3,114 03/14/2016 $2,637,500
1519 Newkirk Ave, Brooklyn 2,190 10/22/1986
525 Marlborough Rd, Brooklyn 2,454 01/07/1999
567 Rugby Rd, Brooklyn 1,798 08/31/2023
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