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503 East 2nd Street, Brooklyn, NY 11218 Property Information

503 East 2nd Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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503 East 2nd Street, Brooklyn, NY 11218 3
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Address

Primary address 503 East 2nd Street
Secondary address 501-503 E 2nd St
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05371-0063

Sales & Tax Overview for 503 East 2nd Street, Brooklyn

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

Purchase date 12/02/2021
Purchase price $990,000
Tax class
Estimated property tax $9,479

Lot & Building Information for 503 East 2nd Street, Brooklyn

Lot sq. ft. 3,058
Lot dimensions 30.58 ft x 100 ft
Property type Two Family Frame (B2)
Building sqft 2,496
Building dimensions 22 ft x 59 ft
Buildings on lot 3
Stories 2
Structure type Old style
Building material Frame
Exterior wall Stucco
Basement type Full
Garage type Detached, frame garage
Year built 1925
Frontage(s) East 2 Street (narrow)
Nearest wide street Cortelyou Road
Distance to wide street
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Zoning & Use for 503 East 2nd Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

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

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

Other Property Data for 503 East 2nd Street, Brooklyn

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Floor area ratio (FAR) for 503 East 2nd Street, Brooklyn, NY 11218, 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 503 East 2nd Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 501-503 E 2nd St, Brooklyn, NY 11218
  • 503 Garage E 2nd St, Brooklyn, NY 11218
  • 503 Rear E 2nd St, Brooklyn, NY 11218

About 503 East 2nd Street, Brooklyn

What is the year built & the total sq. ft. for 503 East 2nd Street, Brooklyn, NY 11218?

503 East 2nd Street, Brooklyn, NY 11218 was built in 1925 and has a total of 2,496 square feet.

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

Assessed at $102,540, the tax amount paid for 503 East 2nd Street, Brooklyn, NY 11218 is $9,408. For the next year, the tax amount for 503 East 2nd Street, Brooklyn, NY 11218 is estimated at $9,479.

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

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

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 503 East 2nd Street, Brooklyn

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Property owner name for 503 East 2nd Street, Brooklyn, NY 11218
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Building contacts for 503 East 2nd Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 503 East 2nd Street, Brooklyn

Create a free account to view the complete sales history for 503 East 2nd Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
12/02/2021 $990,000
01/06/2016 $1,250,000
       
       
       
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Title Documents for 503 East 2nd 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
12/02/2021 - D
01/21/2022 - R		 Deed
(2021121301431001)
01/28/2016 - D
02/08/2016 - R		 Satisfaction of Mortgage
(2016020101374001)
01/21/2016 - D
01/28/2016 - R		 Satisfaction of Mortgage
(2016012100776001)
01/06/2016 - D
01/20/2016 - R		 Mortgage
(2016011100681002)
01/06/2016 - D
01/20/2016 - R		 Deed
(2016011100681001)
11/21/2003 - R Satisfaction of Mortgage
(2003091700796001)
09/04/2003 - D
01/22/2004 - R		 Mortgage
(2003112100729001)
08/26/2003 - D
07/04/2004 - R		 Agreement
(2003120302215003)
08/26/2003 - D
07/04/2004 - R		 Mortgage
(2003120302215002)
08/15/2003 - D
07/04/2004 - R		 Assignment, Mortgage
(2003120302215001)
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R: Recorded date
D: Document date

Property Taxes for 503 East 2nd Street, Brooklyn

Access detailed property tax data for 503 East 2nd Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $9,408
Estimated property tax: $9,479
Tax assessor's market value: $1,709,000
Assessed value: $102,540

More about New York City Property Taxes

Assessment History for 503 East 2nd Street, Brooklyn

Here's the assessment & property tax history for 503 East 2nd 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 $1,709,000 $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%
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Permits for 503 East 2nd Street, Brooklyn

The complete history of permits filed for 503 East 2nd 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.

Kensington Residential Market Stats

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

Median Sale Price
$550,000
10.9% YoY
Median Price/Sqft
$742
6.5% 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 McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.144
View subway map
Bus Routes
Name MC Donald Av/Cortelyou Rd
Line B69
Distance (miles) 0.107

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 503 East 2nd Street, Brooklyn

Here are the neighbors for 503 East 2nd Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
564 E 3rd St, Brooklyn 34,000 02/17/2005 $10
477 E 2nd St, Brooklyn 2,596 07/03/2018
473 E 2nd St, Brooklyn 2,496 03/03/1978
469 E 2nd St, Brooklyn 2,596 03/23/1999
505 E 2nd St, Brooklyn 2,596 07/16/1991
533 E 2nd St, Brooklyn 37,600 10/30/2003 $3,365,000
493 E 2nd St, Brooklyn 2,596 07/10/2014 $950,000
523 E 2nd St, Brooklyn 2,470 01/02/2025 $10
552 E 3rd St, Brooklyn 2,600 04/07/2004 $600,000
481 E 2nd St, Brooklyn 2,496 07/12/1993
519 E 2nd St, Brooklyn 2,596 12/05/1997
489 E 2nd St, Brooklyn 2,496 12/10/2024
302 Avenue C, Brooklyn 21,600 04/01/2011
511 E 2nd St, Brooklyn 2,596 07/22/1994
556 E 3rd St, Brooklyn 2,600 03/31/2016 $1,250,000
485 E 2nd St, Brooklyn 2,596 02/02/2001
509 E 2nd St, Brooklyn 2,496 06/12/2003
515 E 2nd St, Brooklyn 2,496 06/14/2021
499 E 2nd St, Brooklyn 2,596 02/02/2009 $750,500
497 E 2nd St, Brooklyn 2,496 11/29/1991
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