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501 Ditmas Avenue, Brooklyn, NY 11218 Property Information

501 Ditmas Avenue, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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501 Ditmas Avenue, Brooklyn, NY 11218 1
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Address

Primary address 501 Ditmas Avenue
Secondary address 651-663 E 5th St
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05389-0053

Sales & Tax Overview for 501 Ditmas Avenue, Brooklyn

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

Tax class
Estimated property tax $66,780

Lot & Building Information for 501 Ditmas Avenue, Brooklyn

Lot sq. ft. 11,000
Lot dimensions 110 ft x 100 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 19,400
Building dimensions 110 ft x 90 ft
Buildings on lot 5
Stories 2
Year built 1924
Year last altered 2006
Construction type
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Zoning & Use for 501 Ditmas Avenue, Brooklyn

Zoning
Commercial units 8
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.38 Miles
Closest fire station 0.44 Miles

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

Other Property Data for 501 Ditmas Avenue, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 501 Ditmas Avenue, 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 501 Ditmas Avenue, 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.

  • 651-663 E 5th St, Brooklyn, NY 11218
  • 503 Ditmas Ave, Brooklyn, NY 11218
  • 505 Ditmas Ave, Brooklyn, NY 11218
  • 507-509 Ditmas Ave, Brooklyn, NY 11218
  • 511 Ditmas Ave, Brooklyn, NY 11218

About 501 Ditmas Avenue, Brooklyn

How many square feet does 501 Ditmas Avenue, Brooklyn, NY 11218 have?

This Predominant Retail with Other Uses (K4) located at 501 Ditmas Avenue, Brooklyn, NY 11218 has a total of 19,400 square feet.

What is the year built & the current market value of 501 Ditmas Avenue, Brooklyn, NY 11218?

501 Ditmas Avenue, Brooklyn, NY 11218 was built in 1924 and has a current tax assessor's market value of $2,163,000.

How many commercial spaces does this building have?

This building has 8 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 501 Ditmas Avenue, Brooklyn

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Property owner name for 501 Ditmas Avenue, Brooklyn, NY 11218
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Building contacts for 501 Ditmas Avenue, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 501 Ditmas Avenue, Brooklyn

No photo available
501 Ditmas Ave
Listing type For Lease
Listing date 02/11/2025
Last updated 04/24/2026
Lot size 0.253 Acre
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Listing price not available 2,800 M.C. O'Brien Centralized Leasing
2nd Floor Office Listing price not available 8,100 M.C. O'Brien Centralized Leasing
Active Listings For This Property:
For Lease No photo available
501 Ditmas Ave
501 Ditmas Avenue, Brooklyn
Property Office
Availability 2 Spaces listed / 10900 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 501 Ditmas Avenue, Brooklyn

Create a free account to view the complete sales history for 501 Ditmas Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 501 Ditmas Avenue, 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
05/23/2022 - R Initial UCC1
(2022052300130001)
08/22/2016 - R Initial UCC1
(2016070200087001)
06/28/2016 - D
08/25/2016 - R
Assignment of Leases and Rents
(2016070200084001)
06/28/2016 - D
08/11/2016 - R
Mortgage
(2016070200083001)
06/28/2016 - D
07/07/2016 - R
Agreement
(2016070200079002)
06/28/2016 - D
07/07/2016 - R
Mortgage
(2016070200079001)
11/02/2004 - D
12/06/2004 - R
Mortgage
(2004112901388001)
01/24/2000 - R Satisfaction of Mortgage
(3210007027921)
05/09/1996 - R Assignment, Mortgage
(3430005177243)
03/04/1993 - R Agreement
(3920001753892)
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R: Recorded date
D: Document date

Property Taxes for 501 Ditmas Avenue, Brooklyn

Access detailed property tax data for 501 Ditmas Avenue, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $56,588
Estimated property tax: $66,780
Tax assessor's market value: $2,163,000
Assessed value: $973,350
Exemptions granted by city:

Assessment History for 501 Ditmas Avenue, Brooklyn

Here's the assessment & property tax history for 501 Ditmas Avenue, 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 $2,163,000 $973,350 $521,640 10.848% $105,589 $56,588 -1.21%
2024/25 $2,330,000 $1,048,500 $532,260 10.762% $112,840 $57,282 +21.39%
2023/24 $2,228,000 $1,002,600 $445,500 10.592% $106,195 $47,187 -0.51%
2022/23 $2,191,000 $985,950 $445,500 10.646% $104,964 $47,428 -1.01%
2021/22 $2,160,000 $972,000 $445,500 10.755% $104,539 $47,914 -29.03%

Permits for 501 Ditmas Avenue, Brooklyn

The complete history of permits filed for 501 Ditmas Avenue, 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.

Filing date Job type Job status Job description Initial cost
05/08/2009 Alteration type 2
06/05/2008 Alteration type 2
03/15/2006 Alteration type 3
01/05/2005 Alteration type 1
01/05/2005 Alteration type 1
04/15/2004 Alteration type 2
10/16/2003 Alteration type 2
07/12/2002 Alteration type 3
11/30/2000 Alteration type 2
11/15/2000 Alteration type 2
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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 & Ditmas Ave at SE Corner
Station lines F
Distance (miles) 0.222
View subway map
Bus Routes
Name 18 Av/Ocean Py
Line B8
Distance (miles) 0.227

Neighbors for 501 Ditmas Avenue, Brooklyn

Here are the neighbors for 501 Ditmas Avenue, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
649 E 5th St, Brooklyn 2,532 06/04/2009 $674,500
619 E 5th St, Brooklyn 2,208 06/01/1992
462 Ocean Pkwy, Brooklyn 4,092 12/09/2021
490 Ocean Pkwy, Brooklyn 58,704 10/31/1985
468 Ocean Pkwy, Brooklyn 7,210 02/08/1994
450 Ocean Pkwy, Brooklyn 69,600 05/19/2022 $10,353,000
430 Ocean Pkwy, Brooklyn 88,277 06/14/1991
623 E 5th St, Brooklyn 41,963 05/02/1996
488 Ocean Pkwy, Brooklyn 43,116 07/16/2004 $74,000
645 E 5th St, Brooklyn 2,711 11/05/2023
617 E 5th St, Brooklyn 2,188 10/15/2012
609 E 5th St, Brooklyn 1,943 07/27/1997
637 E 5th St, Brooklyn 2,316 10/30/2023
470 Ocean Pkwy, Brooklyn 72,600 03/20/1997
464 Ocean Pkwy, Brooklyn 4,092 11/10/2011 $877,500
641 E 5th St, Brooklyn 3,177 10/16/2023
621 E 5th St, Brooklyn 2,208 11/30/2017
466 Ocean Pkwy, Brooklyn 7,160 02/18/2014 $1,200,000
438 Ocean Pkwy, Brooklyn 55,932 03/17/1998
613 E 5th St, Brooklyn 2,260 03/25/2014
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