New York City » 11218 » E 2nd St » 508 E 2nd St

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

Also known as: 508 E 2nd St

Property image for 508 East 2nd Street, Brooklyn, NY 11218

Property type

Two Family Brick (B1)

Year built

1925

Lot sq. ft.

3,135

Sale price

$950,000

General information

Address

Primary address

508 East 2nd Street

Alternate address(es)

508 Garage E 2nd St

ZIP code

11218

Neighborhood

Kensington

Borough

Brooklyn

Block & lot

05370-0035

Building

Property type

Two Family Brick (B1)

Building sq. ft.

2,640

Building dimensions

20 ft x 60 ft

Buildings on lot

Stories

Year built

1925

Building material

Brick

Exterior wall

Stucco

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

03/15/2018

Sale price

$950,000

Tax

Tax year

2026-2027

Property tax

$8,742

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 2 Street (narrow)

Nearest wide street

McDonald Avenue

Distance to wide street

Lot dimensions

25.08 ft x 125 ft

Lot sq. ft.

3,135

Area overview

Walk score

92 /100. Walker's Paradise

Transit score

97 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.61 Miles

Closest fire station

0.58 Miles

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

Ownership

Ownership information for 508 East 2nd Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 508 East 2nd Street, Brooklyn, NY 11218

Sale date	Sale price	Buyer name	Seller name
03/15/2018	$950,000	XXXXX, XXXXX	XXXXXX, XXXXXX XXX XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/03/2018 - R 03/27/2018 - D	Satisfaction of Mortgage (2018033000578001)	XXXXXX XXXXXX	XXXXX XXXXXXXXX XXXXXXXX XXX
04/03/2018 - R 03/23/2018 - D	Satisfaction of Mortgage (2018033000688001)	XXXXXX XXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/23/2018 - R 03/15/2018 - D	Deed (2018032200008001)	XXXXXX XXXXXX	XXXXX XXXXX
08/19/2011 - R 07/21/2011 - D	Agreement (2011080200471002)	XXXXXX XXXXXX	XX XXXXXX XXXXX XXXX XX
08/19/2011 - R 07/21/2011 - D	Mortgage (2011080200471001)	XXXXXX XXXXXX	XX XXXXXX XXXXX XXXX XX
08/19/2011 - R 07/12/2011 - D	Assignment, Mortgage (2011080200471006)	XX XXXXXX XXXXX XXXX XX XXXXXXXXX XX XXXXXX	XXXX XX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXX
08/19/2011 - R 07/12/2011 - D	Assignment, Mortgage (2011080200471005)	XXXX XX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXXX XXX	XX XXXXXX XXXXX XXXX XX
08/19/2011 - R 07/12/2011 - D	Assignment, Mortgage (2011080200471004)	XXXX XX XXXXXXX XXX XXXXX XXXXXXXXX XXXXXXXX XXX	XXXXX XXXXXXXXX XXXXXXXX XXX
08/19/2011 - R 07/05/2011 - D	Subordination of Mortgage (2011080200471003)	XX XXXXXX XXXXX XXXX XX XX XXXXXXXXX XX XXXXXXXX	XX XXXXXX XXXXX XXXX XX
01/14/2008 - R 12/31/2007 - D	Mortgage (2008010800730001)	XXXXXX XXXXXX	XXXXXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 508 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

$8,742

Municipal exemptions

Recent tax assessments

Market value

$1,526,000

Assessed value

$91,560

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	$1,266,000	$75,960	$40,146	19.843%	$8,248	$7,966	+4.72%
2024/25	$1,443,000	$86,580	$37,874	20.085%	$7,876	$7,607	+0.16%
2023/24	$1,460,000	$87,600	$37,814	20.085%	$7,876	$7,595	-0.16%
2022/23	$1,436,000	$86,160	$37,457	20.309%	$7,904	$7,607	+8.03%
2021/22	$1,215,000	$72,900	$35,275	19.963%	$7,329	$7,042	+0.70%
2020/21	$1,351,000	$81,060	$33,228	21.045%	$7,290	$6,993	+5.62%
2019/20	$1,235,000	$74,100	$31,278	21.167%	$6,917	$6,621	+1.38%
2018/19	$1,004,000	$60,240	$31,218	20.919%	$6,836	$6,530	+3.47%
2017/18	$1,119,000	$67,140	$30,961	20.385%	$6,611	$6,311	+8.69%
2016/17	$829,000	$49,740	$29,046	19.991%	$6,116	$5,807	+8.83%

Permits

Permit information for 508 East 2nd Street, Brooklyn, NY

No recently recorded permits 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

McDonald Ave & Cortelyou Rd at SE Corner

Station lines

Distance (miles)

0.124

View subway map

Access the detailed traffic volume map for 508 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	0.10
P.S. 179 Kensington	5	Yes	Public	PK, K-5	668	0.10
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	0.17
Gan Yisroel	NR	No	Private	PK, K-8	0	0.22
Gan Yisroel	NR	No	Private	PK, K-8	0	0.22

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	0.36
Bnos Yerushalayim School	NR	No	Private	PK-12	1,156	0.09
Yeshiva Derech Chaim	NR	No	Private		0	0.17
Gan Yisroel	NR	No	Private	PK, K-8	0	0.22
Yeshiva Chatzar Hakodesh Sanz	NR	No	Private	K-8	0	0.23
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	0.36

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	0.17
Bais Tziporah	NR	No	Private	K-12	0	0.27
Yeshiva Machicei Hadas	NR	No	Private	PK, K-12	0	0.28
Yeshiva Shaarei Yosher	NR	No	Private	9-12	101	0.30
Urban Assembly School for Leadership and Empowerment	7	No	Public	6-12	495	0.36

Frequently asked questions

What is the year built for 508 East 2nd Street, Brooklyn, NY 11218?

The development at 508 East 2nd Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 508 East 2nd Street, Brooklyn, NY 11218?

508 East 2nd Street, Brooklyn, NY 11218 has a total of 2,640 square feet.

When was 508 East 2nd Street, Brooklyn, NY 11218 last sold and what was the sale price?

508 East 2nd Street, Brooklyn, NY 11218 was last sold on 03/15/2018 for $950,000.

What is the assessed value of 508 East 2nd Street, Brooklyn, NY 11218?

508 East 2nd Street, Brooklyn, NY 11218 is currently assessed at $91,560.

What are the property taxes for 508 East 2nd Street, Brooklyn, NY 11218?

The property taxes for 508 East 2nd Street, Brooklyn, NY 11218 total $8,742.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.