New York City  »  11218  »  E 2nd St  »  502 E 2nd St

502 East 2nd Street, Brooklyn, NY 11218 - Property report

Also known as: 502 E 2nd St

Property image for 502 East 2nd Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1920

Lot sq. ft.

3,000

General information

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Address
Primary address
502 East 2nd Street
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05370-0033

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
2,325
Building dimensions
21.5 ft x 38 ft
Buildings on lot
1
Stories
2
Year built
1920
Building material
Frame
Exterior wall
Composition
Basement
4
Tax
Tax year
2026-2027
Property tax
$6,991
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 2 Street (narrow)
Nearest wide street
McDonald Avenue
Distance to wide street
Lot dimensions
30 ft x 100 ft
Lot sq. ft.
3,000

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
97 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.62 Miles
Closest fire station
0.58 Miles

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

Ownership

Ownership information for 502 East 2nd Street, Brooklyn, NY

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

Sales history for 502 East 2nd Street, Brooklyn, NY 11218

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/23/2024 - R
07/16/2024 - D		 Satisfaction of Mortgage
(2024071801029001)		 XXXXXXXXXXX XXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/30/2023 - R
06/23/2022 - D		 Deed
(2023013000573001)		 XXXXXXXXXXX XXXXXX XXX XXX XXXXX
07/10/2009 - R
06/25/2009 - D		 Agreement
(2009070200006002)		 XXXXXXXXXXX XXXXXX XXXX
07/10/2009 - R
06/25/2009 - D		 Mortgage
(2009070200006001)		 XXXXXXXXXXX XXXXXX XXXX
07/10/2009 - R
05/18/2009 - D		 Subordination of Mortgage
(2009070200006003)		 XXXXXXXX XXXXX XXXX XX XXXXXXX XXXXXXX XXX
12/18/2007 - R
12/07/2007 - D		 Satisfaction of Mortgage
(2007121000067001)		 XXXXXXXXXXX XXXXX XXX XXXXXXXXX XXXXXXX XXXX
12/10/2007 - R
11/15/2007 - D		 Mortgage
(2007112600423002)		 XXXXXXXXXXX XXXXXX
12/10/2007 - R
11/12/2007 - D		 Satisfaction of Mortgage
(2007112600423001)		 XXXXXXXXXXX XXXXXX XXXXXXXXXXXXXXXXX XXXXXXX XXXXXXXX XX XXX XX XXX
12/10/2007 - R
11/02/2007 - D		 Subordination of Mortgage
(2007112600423003)		 XXXXXXXX XXXXX XXXX XX XXXXXXX XXXXXXX XXX
08/03/2005 - R
05/31/2005 - D		 Assignment, Mortgage
(2005071400347002)		 XXXXXXX XXXXXXX XXXXXXXX XXXXX XXXX XX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 502 East 2nd Street, 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
$6,991
Municipal exemptions
Recent tax assessments
Market value
$1,577,000
Assessed value
$94,620

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 $1,811,000 $108,660 $35,712 19.843% $7,368 $7,086 +4.71%
2024/25 $1,450,000 $87,000 $33,695 20.085% $7,037 $6,768 +0.18%
2023/24 $1,351,000 $81,060 $33,635 20.085% $7,037 $6,756 +4.58%
2022/23 $1,209,000 $72,540 $31,806 20.309% $7,061 $6,459 +8.36%
2021/22 $1,148,000 $68,880 $29,860 19.963% $6,548 $5,961 +1.04%
2020/21 $1,140,000 $68,400 $28,033 21.045% $6,512 $5,900 +5.99%
2019/20 $1,051,000 $63,060 $26,296 21.167% $6,180 $5,566 +1.42%
2018/19 $929,000 $55,740 $26,236 20.919% $6,108 $5,488 +3.54%
2017/18 $950,000 $57,000 $26,002 20.385% $5,906 $5,301 +9.19%
2016/17 $783,000 $46,980 $24,283 19.991% $5,464 $4,854 +9.34%
Permits

Permit information for 502 East 2nd Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/06/1991 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

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

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.135
View subway map

Access the detailed traffic volume map for 502 East 2nd Street, Brooklyn, NY 11218 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.09
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.09
Bnos Yerushalayim School NR No Private PK-12 1,156 0.09
Bnos Yerushalayim School NR No Private PK-12 1,156 0.09
Yeshiva Derech Chaim NR No Private 0 0.18
Gan Yisroel NR No Private PK, K-8 0 0.23
Gan Yisroel NR No Private PK, K-8 0 0.23
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 223 The Montauk 6 Yes Public 6-8 702 0.37
Bnos Yerushalayim School NR No Private PK-12 1,156 0.09
Yeshiva Derech Chaim NR No Private 0 0.18
Gan Yisroel NR No Private PK, K-8 0 0.23
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.24
Bais Tziporah NR No Private K-12 0 0.27
Jhs 62 Ditmas 7 No Public 6-8 900 0.34
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.37
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bnos Yerushalayim School NR No Private PK-12 1,156 0.09
Yeshiva Derech Chaim NR No Private 0 0.18
Bais Tziporah NR No Private K-12 0 0.27
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.29
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.31
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.37

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 502 East 2nd Street, Brooklyn, NY

516 E 2nd St, Brooklyn 526 E 2nd St, Brooklyn 129 Cortelyou Rd, Brooklyn 486 E 2nd St, Brooklyn 482 E 2nd St, Brooklyn 508 E 2nd St, Brooklyn 510 E 2nd St, Brooklyn 498 E 2nd St, Brooklyn 494 E 2nd St, Brooklyn 520 E 2nd St, Brooklyn 478 E 2nd St, Brooklyn 504 E 2nd St, Brooklyn 490 E 2nd St, Brooklyn 528 E 2nd St, Brooklyn 514 E 2nd St, Brooklyn 522 E 2nd St, Brooklyn 474 E 2nd St, Brooklyn 492 E 2nd St, Brooklyn 470 E 2nd St, Brooklyn 466 E 2nd St, Brooklyn

Nearby ZIP codes for 502 East 2nd Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 502 East 2nd Street, Brooklyn, NY 11218?

The development at 502 East 2nd Street, Brooklyn, NY 11218 was built in 1920.

What is the total square footage of 502 East 2nd Street, Brooklyn, NY 11218?

502 East 2nd Street, Brooklyn, NY 11218 has a total of 2,325 square feet.

What is the assessed value of 502 East 2nd Street, Brooklyn, NY 11218?

502 East 2nd Street, Brooklyn, NY 11218 is currently assessed at $94,620.

What are the property taxes for 502 East 2nd Street, Brooklyn, NY 11218?

The property taxes for 502 East 2nd Street, Brooklyn, NY 11218 total $6,990.

How many residential units does this building have?

This building has 2 residential unit(s).

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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