New York City  »  11218  »  E 2nd St  »  503 E 2nd St

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

Also known as: 501-503 E 2nd St

Property image for 503 East 2nd Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1925

Lot sq. ft.

3,058

Sale price

$990,000

General information

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Address
Primary address
503 East 2nd Street
Alternate address(es)
501-503 E 2nd St
503 Garage E 2nd St
503 Rear E 2nd St
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05371-0063

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
2,496
Building dimensions
22 ft x 59 ft
Buildings on lot
3
Stories
2
Year built
1925
Building material
Frame
Exterior wall
Stucco
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
12/02/2021
Sale price
$990,000
Tax
Tax year
2026-2027
Property tax
$9,480
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
Cortelyou Road
Distance to wide street
Lot dimensions
30.58 ft x 100 ft
Lot sq. ft.
3,058

Area overview

Walk score
89 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.61 Miles
Closest fire station
0.55 Miles

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Ownership information for 503 East 2nd Street, Brooklyn, NY

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

Sales history for 503 East 2nd Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
12/02/2021 $990,000 XXXXXX, XXXXXX XXXXXX, XXXXXX
01/06/2016 $1,250,000 XXXXXX, XXXXXX XXXXXX, XXXX XXX XXXXXX, XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/21/2022 - R
12/02/2021 - D
Deed
(2021121301431001)
XXXXXX XXXXXX XXXXXX XXXXXX
02/08/2016 - R
01/28/2016 - D
Satisfaction of Mortgage
(2016020101374001)
XXXXXX XXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX
01/28/2016 - R
01/21/2016 - D
Satisfaction of Mortgage
(2016012100776001)
XXXXXX XXXX XXXX XX XXXXXXX X X
01/20/2016 - R
01/06/2016 - D
Mortgage
(2016011100681002)
XXXXXX XXXXXX XXXX
01/20/2016 - R
01/06/2016 - D
Deed
(2016011100681001)
XXXXXX XXXX XXXXXX XXXXXX
11/21/2003 - R Satisfaction of Mortgage
(2003091700796001)
XXXXXX XXXX XXXXX XXXXXXXX XXXX
01/22/2004 - R
09/04/2003 - D
Mortgage
(2003112100729001)
XXXXXX XXXX XXXXX XXXXXXXX XXXX
07/04/2004 - R
08/26/2003 - D
Agreement
(2003120302215003)
XXXXXX XXXX XXXX
07/04/2004 - R
08/26/2003 - D
Mortgage
(2003120302215002)
XXXXXX XXXX
07/04/2004 - R
08/15/2003 - D
Assignment, Mortgage
(2003120302215001)
XXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 503 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
$9,480
Municipal exemptions
Recent tax assessments
Market value
$2,247,000
Assessed value
$134,820

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 $1,709,000 $102,540 $47,413 19.843% $9,408 $9,408 +4.72%
2024/25 $1,580,000 $94,800 $44,730 20.085% $8,984 $8,984 +6.00%
2023/24 $1,388,000 $83,280 $42,200 20.085% $8,476 $8,476 +4.83%
2022/23 $1,255,000 $75,300 $39,812 20.309% $8,085 $8,085 +1.73%
2021/22 $1,315,000 $78,900 $39,812 19.963% $7,948 $7,948 -4.41%
2020/21 $1,230,000 $73,800 $39,511 21.045% $8,315 $8,315 +5.39%
2019/20 $1,192,000 $71,520 $37,275 21.167% $7,890 $7,890 +7.25%
2018/19 $1,391,000 $83,460 $35,167 20.919% $7,357 $7,357 +8.77%
2017/18 $1,062,000 $63,720 $33,177 20.385% $6,763 $6,763 +6.97%
2016/17 $787,000 $47,220 $31,627 19.991% $6,632 $6,323 +3.15%

Permit information for 503 East 2nd Street, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
04/10/2018 B
04/27/2016 A
04/27/2016 B

*Most recent HPD violations on record for this property.

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

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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
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.144

Access the detailed traffic volume map for 503 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 0.08
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.08
Bnos Yerushalayim School NR No Private PK-12 1,156 0.11
Bnos Yerushalayim School NR No Private PK-12 1,156 0.11
Yeshiva Derech Chaim NR No Private 0 0.21
Gan Yisroel NR No Private PK, K-8 0 0.26
Gan Yisroel NR No Private PK, K-8 0 0.26
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 0.39
Bnos Yerushalayim School NR No Private PK-12 1,156 0.11
Yeshiva Derech Chaim NR No Private 0 0.21
Gan Yisroel NR No Private PK, K-8 0 0.26
Yeshiva Chatzar Hakodesh Sanz NR No Private K-8 0 0.26
Bais Tziporah NR No Private K-12 0 0.30
Jhs 62 Ditmas 7 No Public 6-8 900 0.31
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 0.11
Yeshiva Derech Chaim NR No Private 0 0.21
Bais Tziporah NR No Private K-12 0 0.30
Yeshiva Machicei Hadas NR No Private PK, K-12 0 0.31
Yeshiva Shaarei Yosher NR No Private 9-12 101 0.32
Urban Assembly School for Leadership and Empowerment 7 No Public 6-12 495 0.39

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

Frequently asked questions

What is the year built for 503 East 2nd Street, Brooklyn, NY 11218?

The development at 503 East 2nd Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 503 East 2nd Street, Brooklyn, NY 11218?

503 East 2nd Street, Brooklyn, NY 11218 has a total of 2,496 square feet.

When was 503 East 2nd Street, Brooklyn, NY 11218 last sold and what was the sale price?

503 East 2nd Street, Brooklyn, NY 11218 was last sold on 12/02/2021 for $990,000.

What is the assessed value of 503 East 2nd Street, Brooklyn, NY 11218?

503 East 2nd Street, Brooklyn, NY 11218 is currently assessed at $134,820.

What are the property taxes for 503 East 2nd Street, Brooklyn, NY 11218?

The property taxes for 503 East 2nd Street, Brooklyn, NY 11218 total $9,479.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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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