501 Ditmas Avenue, Brooklyn, NY 11218 Property Information
501 Ditmas Avenue, Brooklyn, NY 11218 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
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 | Register |
| Estimated property tax | $66,780 |
Lot & Building Information for 501 Ditmas Avenue, Brooklyn
| Lot sq. ft. | 11,000 |
| Lot dimensions | |
| Property type | Predominant Retail with Other Uses (K4)
|
| Building sqft | 19,400 |
| Building dimensions |
| Buildings on lot | 5 |
| Stories | 2 |
| Year built | 1924 |
| Year last altered | 2006 |
| Construction type | Register |
Area Overview
| 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
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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
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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Spaces for Lease in 501 Ditmas Avenue, Brooklyn
| Listing type | For Lease |
|---|---|
| Listing date | 02/11/2025 |
| Last updated | 04/24/2026 |
| Lot size | 0.253 Acre |
| 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 |
Past Sales & Property History for 501 Ditmas Avenue, Brooklyn
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No recorded sales for this property.
Title Documents for 501 Ditmas Avenue, Brooklyn
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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: | Register |
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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | McDonald Ave & Ditmas Ave at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.222 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |