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862 50th Street, Brooklyn, NY 11220 Property Information

862 50th Street, Brooklyn, NY 11220 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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862 50th Street, Brooklyn, NY 11220 1
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Address

Primary address 862 50th Street
Neighborhood Sunset Park
Zip code 11220
Borough Brooklyn
Block & lot 05644-0031

Sales & Tax Overview for 862 50th Street, Brooklyn

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

Purchase date 02/19/2021
Purchase price $5,150,000
Tax class
Estimated property tax $69,409

Lot & Building Information for 862 50th Street, Brooklyn

Lot sqft 4,400
Lot dimensions 44 ft x 100.17 ft
Building class Over Six Families without Stores (C1)
Building sqft 14,080
Building dimensions 44 ft x 80 ft
Buildings on lot 1
Stories 4
Year built 1931
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Zoning & Use for 862 50th Street, Brooklyn

Zoning
Residential units (DOF) 16
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 1.03 Miles
Closest fire station 0.53 Miles

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

Other Property Data for 862 50th Street, 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 862 50th Street, Brooklyn, NY 11220, 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 862 50th Street, Brooklyn, NY 11220, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 862 50th Street, Brooklyn

What is the year built & the total sq. ft. for 862 50th Street, Brooklyn, NY 11220?

862 50th Street, Brooklyn, NY 11220 was built in 1931 and has a total of 14,080 square feet.

What is the assessed value of 862 50th Street, Brooklyn, NY 11220 and the property tax paid?

Assessed at $601,650, the tax amount paid for 862 50th Street, Brooklyn, NY 11220 is $64,584. For the next year, the tax amount for 862 50th Street, Brooklyn, NY 11220 is estimated at $69,409.

When was 862 50th Street, Brooklyn, NY 11220 last sold and what was the last sale price?

862 50th Street, Brooklyn, NY 11220 was last sold in 02/19/2021 for $5,150,000.

How many residential units does this building have?

This building has 16 residential unit(s).

Ownership Information for 862 50th Street, Brooklyn

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Property owner name for 862 50th Street, Brooklyn, NY 11220
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Building contacts for 862 50th Street, Brooklyn, NY 11220
Building management:
Representatives (from permits):
Tenants:
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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 862 50th Street, Brooklyn

Create a free account to view the complete sales history for 862 50th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/19/2021 $5,150,000

Title Documents for 862 50th 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
04/08/2021 - R Initial UCC1
(2021040701199001)
04/01/2021 - D
04/15/2021 - R
Assignment of Leases and Rents
(2021040701036002)
04/01/2021 - D
04/15/2021 - R
Mortgage
(2021040701036001)
03/02/2021 - R Initial UCC1
(2021022401213001)
02/19/2021 - D
03/05/2021 - R
Assignment of Leases and Rents
(2021022401083003)
02/19/2021 - D
03/05/2021 - R
Mortgage
(2021022401083002)
02/19/2021 - D
03/05/2021 - R
Deed
(2021022401083001)
10/27/2003 - D
04/03/2004 - R
Deed
(2004021001245001)
12/17/1979 - R Deed
(37930112700118)
01/10/1967 - R Mortgage
(36730033400334)
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R: Recorded date
D: Document date

Property Taxes for 862 50th Street, Brooklyn

Access detailed property tax data for 862 50th Street, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $64,585
Estimated property tax: $69,409
Tax assessor's market value: $1,337,000
Assessed value: $601,650

Assessment History for 862 50th Street, Brooklyn

Here's the assessment & property tax history for 862 50th 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 $1,337,000 $601,650 $519,210 12.439% $64,585 $64,585 +3.40%
2024/25 $1,244,000 $559,800 $499,680 12.5% $62,460 $62,460 +5.35%
2023/24 $1,102,000 $495,900 $474,210 12.502% $59,286 $59,286 +5.40%
2022/23 $1,096,000 $493,200 $458,550 12.267% $56,250 $56,250 +6.89%
2021/22 $990,000 $445,500 $430,110 12.235% $52,624 $52,624 +3.96%

Permits for 862 50th Street, Brooklyn

The complete history of permits filed for 862 50th 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.

Filing date Job type Job status Job description Initial cost
11/23/1993 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
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% 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 New Utrecht Ave & 45th St at NW Corner
Station lines D
Distance (miles) 0.416
View subway map
Bus Routes
Name 50 ST/9 Av
Line B11
Distance (miles) 0.066

Neighbors for 862 50th Street, Brooklyn

Here are the neighbors for 862 50th Street, Brooklyn, NY 11220.

Address Square feet Purchase date Purchase price
5014 9th Ave, Brooklyn 3,120 12/23/2002 $140,000
5018 9th Ave, Brooklyn 3,120 04/16/2018 $1,700,000
836 50th St, Brooklyn 5,726 12/07/2020 $1,680,000
5002 9th Ave, Brooklyn 3,200 08/23/2012
5008 9th Ave, Brooklyn 3,198 06/20/2024
5012 9th Ave, Brooklyn 3,120 02/24/2022
5022 9th Ave, Brooklyn 3,120 12/07/2023 $2,260,000
832 50th St, Brooklyn 3,600 08/08/2023
846 50th St, Brooklyn 14,080 06/20/2006 $1,950,000
834 50th St, Brooklyn 3,600 02/27/2026
828 50th St, Brooklyn 1,728 03/14/2022 $1,100,000
856 50th St, Brooklyn 14,080 04/20/2007 $3,000,000
868 50th St, Brooklyn 14,080 02/19/2021 $5,150,000
872 50th St, Brooklyn 3,604 02/13/2008 $1,250,000
850 50th St, Brooklyn 14,080 04/20/2007 $3,000,000
5004 9th Ave, Brooklyn 3,198 03/09/2020
5024 9th Ave, Brooklyn 3,120 07/25/2002
826 50th St, Brooklyn 1,728 04/20/1995
822 50th St, Brooklyn 3,800 01/31/2024
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