| Primary address | 505 Elmwood Avenue |
| Neighborhood | Midwood |
| Zip code | 11230 |
| Borough | Brooklyn |
| Block & lot | 06503-0051 |
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 | $236,046 |
| Lot sq. ft. | 18,060 |
| Lot dimensions | |
| Property type | Elevator Apartment - Semi-fireproof without Stores (D1)
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| Building sqft | 67,500 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 1938 |
| Construction type | Register |
| School district | 21 |
| Community district | 12 |
| Closest police station | 0.18 Miles |
| Closest fire station | 0.14 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
505 Elmwood Avenue, Brooklyn, NY 11230 was built in 1938 and has a total of 67,500 square feet.
What is the assessed value of 505 Elmwood Avenue, Brooklyn, NY 11230 and the property tax paid?Assessed at $2,268,900, the tax amount paid for 505 Elmwood Avenue, Brooklyn, NY 11230 is $268,749. For the next year, the tax amount for 505 Elmwood Avenue, Brooklyn, NY 11230 is estimated at $236,046.
When was 505 Elmwood Avenue, Brooklyn, NY 11230 last sold?505 Elmwood Avenue, Brooklyn, NY 11230 was last sold in 10/30/2008.
How many residential units does this building have?This building has 65 residential unit(s).
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 505 Elmwood Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 505 Elmwood Avenue, Brooklyn, NY 11230. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $268,187 |
| Estimated property tax: | $236,046 |
| Tax assessor's market value: | $5,042,000 |
| Assessed value: | $2,268,900 |
Here's the assessment & property tax history for 505 Elmwood 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 | $5,042,000 | $2,268,900 | $2,160,540 | 12.439% | $268,750 | $268,187 | +1.65% |
| 2024/25 | $5,211,000 | $2,344,950 | $2,125,710 | 12.5% | $265,714 | $263,840 | +3.20% |
| 2023/24 | $5,030,000 | $2,263,500 | $2,059,920 | 12.502% | $257,531 | $255,657 | +4.91% |
| 2022/23 | $4,858,000 | $2,186,100 | $2,021,310 | 12.267% | $247,954 | $243,688 | +10.50% |
| 2021/22 | $4,083,000 | $1,837,350 | $1,837,350 | 12.235% | $224,800 | $220,534 | -9.40% |
The complete history of permits filed for 505 Elmwood 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.
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.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | McDonald Ave & Avenue I at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.226 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Av I/Ocean Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.086 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 505 Elmwood Avenue, Brooklyn, NY 11230.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 927 E 5th St, Brooklyn | 3,432 | 05/21/2024 | |
| 800 Ocean Pkwy, Brooklyn | 103,980 | 08/17/2004 | $93,000 |
| 332 Foster Ave, Brooklyn | 2,560 | 02/10/2015 | $165,000 |
| 935 E 5th St, Brooklyn | 2,467 | 09/06/2018 | |
| 770 Ocean Pkwy, Brooklyn | 93,096 | 08/03/2005 | $165,000 |
| 945 E 3rd St, Brooklyn | 1,673 | 06/22/2009 | $300,000 |
| 961 E 5th St, Brooklyn | 2,500 | 03/02/1994 | |
| 939 E 5th St, Brooklyn | 1,596 | 12/20/2022 | $1,050,000 |
| 919 E 5th St, Brooklyn | 2,296 | 03/01/2021 | |
| 317 Walsh CT, Brooklyn | 1,152 | 02/08/2022 | $1,135,000 |
| 941 E 5th St, Brooklyn | 1,424 | 05/09/2001 | |
| 933 E 5th St, Brooklyn | 1,296 | 07/23/2018 | |
| 820 Ocean Pkwy, Brooklyn | 144,060 | 02/06/2006 | $295,000 |
| 311 Walsh CT, Brooklyn | 615 | 04/29/2021 | $613,000 |
| 955 E 5th St, Brooklyn | 1,416 | 09/13/2023 | $995,000 |
| 931 E 5th St, Brooklyn | 1,296 | 03/28/2006 | $475,000 |
| 929 E 5th St, Brooklyn | 1,296 | 09/19/2025 | $3,076,908 |
| 854 Ocean Pkwy, Brooklyn | 2,200 | 06/08/2005 | |
| 947 E 3rd St, Brooklyn | 2,288 | 03/04/2025 | |
| 313 Walsh CT, Brooklyn | 1,152 | 02/13/2001 |
