Kings » 11209 » Ovington Ave » 505 Ovington Ave

505 Ovington Avenue, Brooklyn, NY 11209 - Property report

Also known as: 503-507 Ovington Ave

Property image for 505 Ovington Avenue, Brooklyn, NY 11209

Property type

Multi-Story Retail Building (2 or More) (K2)

Year built

1930

Lot sq. ft.

9,428

Sale price

$5,600,000

General information

Address

Primary address

505 Ovington Avenue

Alternate address(es)

503-507 Ovington Ave
505 70th St

ZIP code

11209

Neighborhood

Bay Ridge

Borough

Brooklyn

Block & lot

05874-0090

Building

Property type

Multi-Story Retail Building (2 or More) (K2)

Building sq. ft.

26,270

Building dimensions

54 ft x 153 ft

Buildings on lot

Stories

Year built

1930

Building material

Sales

Sale date

02/11/2020

Sale price

$5,600,000

Tax

Tax year

2026-2027

Property tax

$110,242

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

54.46 ft x 173.27 ft

Lot sq. ft.

9,428

Area overview

Walk score

93 /100. Walker's Paradise

Transit score

95 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.40 Miles

Closest fire station

0.41 Miles

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

Ownership

Ownership information for 505 Ovington Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 505 Ovington Avenue, Brooklyn, NY 11209

Sale date	Sale price	Buyer name	Seller name
02/11/2020	$5,600,000	XXX XXXXXXXX XXXXXXXX XXX	XXX XXXXX XXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/19/2025 - R 12/12/2025 - D	Zoning Lot Description (2025121800971002)	XXX XXXXXXXX XXXXXXXX XXX
12/19/2025 - R 12/12/2025 - D	Certificate (2025121800971001)	XXXXXXX XXXXX XXXXXX XXX
10/02/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100513001)	XXXX XX XXX XXXX	XXXX XX XXX XXXX
02/19/2020 - R 02/11/2020 - D	Deed (2020021700197001)	XXX XXXXX XXXXXXXXX XXX	XXX XXXXXXXX XXXXXXXX XXX
05/05/1986 - R	Satisfaction of Mortgage (3100001164610)	XX XXXXX XXXXXXXXXX	XXXXXXX XXXXX XXXXXXXX
05/12/1977 - R	Mortgage (37730091901165)	XXX XXXXX XXXXXXXXX XXX	XX XXXX XXXXX
01/15/1973 - R	Assignment, Mortgage (37330060701896)	XXXXXXX XXXXX XXXXXXXX	XX XXXX XXXXXXXXX
11/03/1966 - R	Mortgage (36630028300452)	XXX XXXXX XXXXXXXXX XXX	XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 Ovington Avenue, 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

$110,242

Municipal exemptions

Recent tax assessments

Market value

$4,273,000

Assessed value

$1,922,850

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	$724,000	$325,800	$312,248	10.848%	$33,873	$33,873	-72.15%
2024/25	$2,962,000	$1,332,900	$1,129,950	10.762%	$121,605	$121,605	+9.52%
2023/24	$2,633,000	$1,184,850	$1,048,320	10.592%	$111,038	$111,038	+4.69%
2022/23	$2,518,000	$1,133,100	$996,300	10.646%	$106,066	$106,066	+6.37%
2021/22	$2,231,000	$1,003,950	$927,180	10.755%	$99,718	$99,718	+7.79%
2020/21	$2,211,000	$994,950	$865,080	10.694%	$92,512	$92,512	+6.39%
2019/20	$2,363,000	$1,063,350	$825,210	10.537%	$86,952	$86,952	+11.83%
2018/19	$2,055,000	$924,750	$739,540	10.514%	$77,755	$77,755	+10.12%
2017/18	$1,750,000	$787,500	$671,590	10.514%	$70,611	$70,611	+4.28%
2016/17	$1,541,000	$693,450	$640,360	10.574%	$67,712	$67,712	+0.77%

Permits

Permit information for 505 Ovington Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
07/15/2026	Alteration
07/14/2026	Alteration
06/24/2026	Alteration
03/05/2026	Alteration CO
12/29/2025	Alteration CO

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/02/2023	C-construction other optional
	09/23/2022	C-construction other optional
	09/23/2022	C-construction other optional

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & Bay Ridge Ave at NE Corner

Station lines

Distance (miles)

0.19

View subway map

Access the detailed traffic volume map for 505 Ovington Avenue, Brooklyn, NY 11209 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

Nearby ZIP codes for 505 Ovington Avenue, Brooklyn, NY

10004, New York City, NY 10301, New York City, NY 10304, New York City, NY 11201, New York City, NY 11204, New York City, NY 11214, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, 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

Frequently asked questions

What is the year built for 505 Ovington Avenue, Brooklyn, NY 11209?

The development at 505 Ovington Avenue, Brooklyn, NY 11209 was built in 1930.

What is the market value of 505 Ovington Avenue, Brooklyn, NY 11209?

The current market value of 505 Ovington Avenue, Brooklyn, NY 11209 is $4,273,000.

What is the total square footage of 505 Ovington Avenue, Brooklyn, NY 11209?

505 Ovington Avenue, Brooklyn, NY 11209 has a total of 26,270 square feet.

What is the price per square foot for this property?

$213 per square foot is the price for 505 Ovington Avenue, Brooklyn, NY 11209.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.