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505 Ovington Avenue, Brooklyn, NY Property Information

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Address

Primary address	505 Ovington Avenue
Secondary address	503-507 Ovington Ave
Neighborhood	Bay Ridge

Zip code	11209
Borough	Brooklyn
Block & lot	05874-0090

Sales & Tax Overview for 505 Ovington Avenue, Brooklyn

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

Purchase date	02/11/2020
Purchase price	$5,600,000

Tax class	Register

Lot & Building Information for 505 Ovington Avenue, Brooklyn

Lot sq. ft.	9,428
Lot dimensions	54.46 ft x 173.27 ft
Property type	Multi-Story Retail Building (2 or More) (K2)
Building sqft	26,270
Building dimensions	54 ft x 153 ft

Buildings on lot	1
Stories	2
Year built	1930
Status	Register
Status date	Register

Zoning & Use for 505 Ovington Avenue, Brooklyn

Zoning	Register
Commercial units	2

Retail sqft	Register

Area Overview

Walk Score

Transit Score

Bike Score

School district	20
Community district	10

Closest police station	0.40 Miles
Closest fire station	0.41 Miles

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

Other Property Data for 505 Ovington 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 505 Ovington Avenue, Brooklyn, NY, 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 505 Ovington Avenue, Brooklyn, NY, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

503-507 Ovington Ave, Brooklyn, NY 11209

About 505 Ovington Avenue, Brooklyn

How many sq. ft. does 505 Ovington Avenue, Brooklyn, NY have & what is the price per sq. ft?

This Multi-Story Retail Building (2 or More) (K2) located at 505 Ovington Avenue, Brooklyn, NY has a total of 26,270 square feet and a current price per square foot of $213.

What is the year built & the current market value of 505 Ovington Avenue, Brooklyn, NY?

505 Ovington Avenue, Brooklyn, NY was built in 1930 and has a current tax assessor's market value of $4,273,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 505 Ovington Avenue, Brooklyn

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Property owner name for 505 Ovington Avenue, Brooklyn, NY

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Building contacts for 505 Ovington Avenue, Brooklyn, NY

Building management:	Register
Representatives (from permits):	Register
Tenants:	Register

Commercial Real Estate nearby

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Past Sales & Property History for 505 Ovington Avenue, Brooklyn

Create a free account to view the complete sales history for 505 Ovington Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date	Sale price	Buyer name	Seller name
02/11/2020	$5,600,000	Register	Register

Title Documents for 505 Ovington 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
12/19/2025 - R 12/12/2025 - D	Zoning Lot Description (2025121800971002)
12/19/2025 - R 12/12/2025 - D	Certificate (2025121800971001)
10/02/2025 - R 09/16/2025 - D	Tax Lien Sale Certificate (2025100100513001)
02/19/2020 - R 02/11/2020 - D	Deed (2020021700197001)
05/05/1986 - R	Satisfaction of Mortgage (3100001164610)
05/12/1977 - R	Mortgage (37730091901165)
01/15/1973 - R	Assignment, Mortgage (37330060701896)
11/03/1966 - R	Mortgage (36630028300452)

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R: Recorded date
D: Document date

Property Taxes for 505 Ovington Avenue, Brooklyn

Access detailed property tax data for 505 Ovington Avenue, Brooklyn, NY. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year:	2026-2027
Property tax:	$110,242

Tax assessor's market value:	$4,273,000
Assessed value:	$1,922,850

More about New York City Property Taxes

Assessment History for 505 Ovington Avenue, Brooklyn

Here's the assessment & property tax history for 505 Ovington 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	$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%

Permits for 505 Ovington Avenue, Brooklyn

The complete history of permits filed for 505 Ovington 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
07/15/2026	Alteration
07/14/2026	Alteration
06/24/2026	Alteration
03/05/2026	Alteration CO
12/29/2025	Alteration CO
10/17/2025	Alteration
09/11/2025	Alteration
09/11/2025	Alteration
09/11/2025	Alteration CO
05/16/2025	Alteration

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More about New York City Property Records

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

4th Ave & Bay Ridge Ave at NE Corner

Station lines

Distance (miles)

0.19

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Neighbors for 505 Ovington Avenue, Brooklyn

Here are the neighbors for 505 Ovington Avenue, Brooklyn, NY.

Address	Square feet	Purchase date	Purchase price
6919 6th Ave, Brooklyn	2,868	03/10/2015	$1,100,000
6911 6th Ave, Brooklyn	2,462	05/06/2009
531 Ovington Ave, Brooklyn	4,720	06/27/1991
533 Ovington Ave, Brooklyn	3,540	04/18/2017
581 Ovington Ave, Brooklyn	2,480	05/26/2017
579 Ovington Ave, Brooklyn	3,276	09/18/2002
6921 6th Ave, Brooklyn	2,001	04/24/2014
6917 6th Ave, Brooklyn	1,295	08/19/1988
6909 6th Ave, Brooklyn	2,292	02/22/2011	$475,000
515 Ovington Ave, Brooklyn	72,000	05/15/2025
523 Ovington Ave, Brooklyn	2,440	03/11/1969
537 Ovington Ave, Brooklyn	46,200	12/18/2025
6925 6th Ave, Brooklyn	2,340	08/11/1980
6903 6th Ave, Brooklyn	2,356	12/01/2023
527 Ovington Ave, Brooklyn	2,440	02/17/2012
571 Ovington Ave, Brooklyn	27,548	09/28/2022	$5,700,000
6923 6th Ave, Brooklyn	1,134	01/13/2022
6913 6th Ave, Brooklyn	5,375
6905 6th Ave, Brooklyn	3,435	09/01/1982
555 Ovington Ave, Brooklyn	77,576	09/13/1977

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