New York City  »  11218  »  Avenue C  »  502 Avenue C

502 Avenue C, Brooklyn, NY 11218 - Property report

Also known as: 473 E 5th St

Property image for 502 Avenue C, Brooklyn, NY 11218
static Mapbox map

Property type

Three Families (C0)

Year built

1925

Lot sq. ft.

3,000

Sale price

$2,100,000

General information

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Address
Primary address
502 Avenue C
Alternate address(es)
473 E 5th St
502 Garage Avenue C
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05374-0001

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
2,078
Building dimensions
20 ft x 50 ft
Buildings on lot
2
Stories
3
Year built
1925
Building material
Frame
Exterior wall
Aluminum/Vinyl
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
10/25/2023
Sale price
$2,100,000
Tax
Tax year
2026-2027
Property tax
$11,007
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Avenue C (wide)
East 5 Street (narrow)
Distance to wide street
Lot dimensions
30 ft x 100 ft
Lot sq. ft.
3,000

Area overview

Walk score
75 /100.  Very Walkable
Transit score
97 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
20
Community district
12
Closest police station
0.68 Miles
Closest fire station
0.42 Miles

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

Ownership

Ownership information for 502 Avenue C, 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 Avenue C, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
10/25/2023 $2,100,000 XXXXX, XXXXXX XXXXXXXX, XXXXX XXX XXXXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/31/2023 - R
10/25/2023 - D		 Mortgage
(2023103000722002)		 XXXXX XXXXXX XXXX
10/31/2023 - R
10/25/2023 - D		 Deed
(2023103000722001)		 XXXXXXXX XXXXX XXXXX XXXXXX
10/23/2014 - R
05/14/2014 - D		 Satisfaction of Mortgage
(2014100700370001)		 XXXXXXXX XXXXX XXX XXXXXXXX XXXXXXX XXX
04/19/2004 - R Agreement
(2004013001316003)		 XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
04/19/2004 - R
01/15/2004 - D		 Mortgage
(2004013001316002)		 XXXXXXXX XXXXX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
04/19/2004 - R
01/15/2004 - D		 Deed
(2004013001316001)		 XXXXXXXX XXXXX XXXXXXXX XXXXX
04/05/2004 - R
01/14/2004 - D		 Assignment, Mortgage
(2004021802188001)		 XXXXXXXXXX XXXXXX XXXX XX XXXXXX XXXXXX XXXXXXX XXXXXX XXXXX
10/15/1999 - R Mortgage
(3270006844827)		 XXXXXXXX XXXXX XXXXXXXX XXXXXXX XXX
10/15/1999 - R Assignment, Mortgage
(3280006846328)		 XXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXX XXX
10/15/1999 - R Agreement
(3760006846076)		 XXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 502 Avenue C, 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
$11,007
Municipal exemptions
Recent tax assessments
Market value
$1,984,000
Assessed value
$119,040

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 $1,509,000 $90,540 $52,334 19.843% $10,385 $10,385 +4.72%
2024/25 $1,272,000 $76,320 $49,373 20.085% $9,917 $9,917 +6.00%
2023/24 $1,114,000 $66,840 $46,579 20.085% $9,355 $9,355 -1.10%
2022/23 $1,065,000 $63,900 $46,579 20.309% $9,460 $9,460 +2.51%
2021/22 $1,168,000 $70,080 $46,226 19.963% $9,228 $9,228 +0.54%
2020/21 $1,167,000 $70,020 $43,612 21.045% $9,178 $9,178 +5.39%
2019/20 $928,000 $55,680 $41,144 21.167% $8,709 $8,709 +7.25%
2018/19 $1,242,000 $74,520 $38,816 20.919% $8,120 $8,120 +2.62%
2017/18 $787,000 $47,220 $38,816 20.385% $7,913 $7,913 +2.75%
2016/17 $733,000 $43,980 $38,522 19.991% $7,701 $7,701 +8.36%
Permits

Permit information for 502 Avenue C, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/29/2024 Alteration
05/08/2024 Alteration CO
03/13/2024 Alteration
03/04/2024 Alteration
01/22/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/01/2026 A
11/19/2025 I
06/06/2025 A

*Most recent HPD violations on record 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

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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 & Church Ave at SE Corner
Station lines
F
Distance (miles)
0.277
View subway map

Access the detailed traffic volume map for 502 Avenue C, 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 0.13
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.13
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.26
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.26
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.27
P.S. 889 4 No Public PK, K-5 386 0.34
P.S. 889 4 No Public PK, K-5 386 0.34
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.24
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.26
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.27
Yeshiva Torah Vodaath NR No Private K-8 0 0.31
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.33
Middle 890 7 No Public 6-8 301 0.34
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.23
Bnos Yerushalayim School NR No Private PK-12 1,156 0.24
Yeshivat Shaare Torah Girls' D NR No Private PK, K-12 0 0.27
Torah Vodaath High School NR No Private 9-12 0 0.31
Bonim Lamokom NR No Private 35 0.33

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

Neighbors for 502 Avenue C, Brooklyn, NY

350 Ocean Pkwy, Brooklyn 497 E 4th St, Brooklyn 499 E 4th St, Brooklyn 506 Avenue C, Brooklyn 402 Ocean Pkwy, Brooklyn 503 E 4th St, Brooklyn 390 Ocean Pkwy, Brooklyn 410 Ocean Pkwy, Brooklyn 386 Ocean Pkwy, Brooklyn 493 E 4th St, Brooklyn 501 E 4th St, Brooklyn 370 Ocean Pkwy, Brooklyn 489 E 4th St, Brooklyn 360 Ocean Pkwy, Brooklyn 491 E 4th St, Brooklyn 505 E 4th St, Brooklyn 514 Avenue C, Brooklyn 507 E 4th St, Brooklyn 510 Avenue C, Brooklyn 495 E 4th St, Brooklyn

Nearby ZIP codes for 502 Avenue C, 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 Avenue C, Brooklyn, NY 11218?

The development at 502 Avenue C, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 502 Avenue C, Brooklyn, NY 11218?

502 Avenue C, Brooklyn, NY 11218 has a total of 2,078 square feet.

When was 502 Avenue C, Brooklyn, NY 11218 last sold and what was the sale price?

502 Avenue C, Brooklyn, NY 11218 was last sold on 10/25/2023 for $2,100,000.

What is the assessed value of 502 Avenue C, Brooklyn, NY 11218?

502 Avenue C, Brooklyn, NY 11218 is currently assessed at $119,040.

What are the property taxes for 502 Avenue C, Brooklyn, NY 11218?

The property taxes for 502 Avenue C, Brooklyn, NY 11218 total $11,007.

How many residential units does this building have?

This building has 3 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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