New York City » 11230 » Avenue N » 502 Avenue N

502 Avenue N, Brooklyn, NY 11230 - Property report

Also known as: 1487-1501 E 5th St

Property image for 502 Avenue N, Brooklyn, NY 11230

Property type

Two Family Frame (B2)

Year built

1930

Lot sq. ft.

2,660

Sale price

$1,838,000

General information

Address

Primary address

502 Avenue N

Alternate address(es)

1487-1501 E 5th St
501 Ryder Ave
502 Garage Avenue N

ZIP code

11230

Neighborhood

Midwood

Borough

Brooklyn

Block & lot

06587-0001

Building

Property type

Two Family Frame (B2)

Building sq. ft.

3,080

Building dimensions

19 ft x 68 ft

Buildings on lot

Stories

Year built

1930

Last altered

1999

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Detached, Frame Garage

Sales

Sale date

07/24/2018

Sale price

$1,838,000

Tax

Tax year

2026-2027

Property tax

$16,089

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Ryder Avenue (narrow)
East 5 Street (narrow)
Avenue N (narrow)

Nearest wide street

Ocean Parkway

Distance to wide street

Lot dimensions

20 ft x 135.75 ft

Lot sq. ft.

2,660

Area overview

Walk score

88 /100. Very Walkable

Transit score

95 /100. Rider's Paradise

Bike score

78 /100. Very Bikeable

School district

Community district

Closest police station

1.11 Miles

Closest fire station

0.50 Miles

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

Ownership

Ownership information for 502 Avenue N, 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 502 Avenue N, Brooklyn, NY 11230

Sale date	Sale price	Buyer name	Seller name
07/24/2018	$1,838,000	XXX XXX X XXX	XXXXX, XXXXXXXX XXX XXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/31/2022 - R 05/12/2022 - D	Mortgage (2022051900908001)	XXX XXX X XXX	XXXXXXXX XXXXX XXXX X X
12/12/2018 - R 08/20/2018 - D	Satisfaction of Mortgage (2018082000101002)	XXXXX XXXXXXXX	XXXXXXXX XXXXXXXX XXXXX XXX
12/12/2018 - R 08/20/2018 - D	Assignment, Mortgage (2018082000101001)	XXXXXXXX XXXXXXXX XXXXX XXX	XXXXXXXX XXXX XXXXXXXXX XXX
07/30/2018 - R 07/24/2018 - D	Deed (2018072900007001)	XXXXX XXXXXXXX	XXX XXX X XXX
02/10/2016 - R 02/03/2016 - D	Satisfaction of Mortgage (2016020300681001)	XXXXXXX XXXXXXX	XXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX XX XXXX
01/25/2016 - R 12/21/2015 - D	Satisfaction of Mortgage (2015123100051001)	XXXXX XXXXXXXX	XXXX XXX XXXXXXXXXXX XXXX XXXXX
12/22/2015 - R 12/16/2015 - D	Satisfaction of Mortgage (2015121701238001)	XXXXX XXXXXXXX	XXXXXXXXXXX XXXX XXXXX XXX
12/30/2015 - R 11/24/2015 - D	Mortgage (2015121100365001)	XXXXX XXXXXXXX	XXXXXXXX XXXXXXXX XXXXX XXX
04/02/2002 - R	Satisfaction of Mortgage (3860008347286)	XXXXX XXXXXXXX	XXXX XXXXXX XXXXXXXXXXXXXXX XXX
03/27/2002 - R	Mortgage (3920008338192)	XXXXX XXXXXXXX	XXXXXXXX XXXXXXXXXXXXXXXXXXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 502 Avenue N, 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

$16,089

Municipal exemptions

Recent tax assessments

Market value

$2,339,000

Assessed value

$140,340

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	$1,974,000	$118,440	$76,492	19.843%	$15,178	$15,178	+4.72%
2024/25	$2,322,000	$139,320	$72,162	20.085%	$14,494	$14,494	+6.00%
2023/24	$2,040,000	$122,400	$68,078	20.085%	$13,673	$13,673	-1.10%
2022/23	$2,075,000	$124,500	$68,078	20.309%	$13,826	$13,826	+2.51%
2021/22	$1,610,000	$96,600	$67,566	19.963%	$13,488	$13,488	+0.55%
2020/21	$1,860,000	$111,600	$63,743	21.045%	$13,415	$13,415	+5.39%
2019/20	$1,646,000	$98,760	$60,135	21.167%	$12,729	$12,729	+7.26%
2018/19	$1,390,000	$83,400	$56,732	20.919%	$11,868	$11,868	+2.62%
2017/18	$1,553,000	$93,180	$56,732	20.385%	$11,565	$11,565	+5.65%
2016/17	$1,380,000	$82,800	$54,755	19.991%	$11,256	$10,946	+8.61%

Permits

Permit information for 502 Avenue N, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
05/18/1998	Alteration type 2
05/07/1998	Alteration type 2
03/03/1998	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Ocean Parkway South residential market stats

Access a detailed real estate market overview of Ocean Parkway South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Ocean Parkway South and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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

McDonald Ave & Avenue N at NE Corner

Station lines

Distance (miles)

0.214

View subway map

Access the detailed traffic volume map for 502 Avenue N, Brooklyn, NY 11230 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 226 Alfred De B Mason	5	Yes	Public	PK, K-8	910	0.38
P.S. 226 Alfred De B Mason	5	Yes	Public	PK, K-8	910	0.38
Yeshiva of Brooklyn	NR	No	Private	PK-12	565	0.10
Yeshiva of Brooklyn	NR	No	Private	PK-12	565	0.10
Yeshiva Of Brooklyn Girls Div	NR	No	Private	PK, K-12	741	0.11
Yeshiva Of Brooklyn Girls Div	NR	No	Private	PK, K-12	741	0.11
Yeshiva Mikdash Melch	NR	No	Private	PK, K-3	0	0.15

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 226 Alfred De B Mason	5	Yes	Public	PK, K-8	910	0.38
Yeshiva of Brooklyn	NR	No	Private	PK-12	565	0.10
Yeshiva Of Brooklyn Girls Div	NR	No	Private	PK, K-12	741	0.11
Yeshiva Shaare Torah Boys High School	NR	No	Private	1-12	0	0.35
Yeshiva of Brooklyn Boys School	NR	No	Private	PK, K-8	0	0.37
Bet Yaakov Orot Sarah	NR	No	Private	PK, K-12	277	0.39
P.S. 238 Anne Sullivan	4	No	Public	PK, K-8	592	0.47

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Yeshiva of Brooklyn	NR	No	Private	PK-12	565	0.10
Yeshiva Of Brooklyn Girls Div	NR	No	Private	PK, K-12	741	0.11
Yeshiva Shaare Torah Boys High School	NR	No	Private	1-12	0	0.35
Bet Yaakov Orot Sarah	NR	No	Private	PK, K-12	277	0.39
Meorot Beit Yaakov	NR	No	Private	PK-12	343	0.39

Neighbors for 502 Avenue N, Brooklyn, NY

510 Avenue N, Brooklyn 1505 E 4th St, Brooklyn 508 Avenue N, Brooklyn 1501 E 4th St, Brooklyn 1519 E 4th St, Brooklyn 1525 E 4th St, Brooklyn 1438 Ocean Pkwy, Brooklyn 1440 Ocean Pkwy, Brooklyn 1537 E 4th St, Brooklyn 504 Avenue N, Brooklyn 1420 Ocean Pkwy, Brooklyn 1497 E 4th St, Brooklyn 1527 E 4th St, Brooklyn 1541 E 4th St, Brooklyn 1434 Ocean Pkwy, Brooklyn 1523 E 4th St, Brooklyn 1521 E 4th St, Brooklyn

Nearby ZIP codes for 502 Avenue N, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, 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 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 502 Avenue N, Brooklyn, NY 11230?

The development at 502 Avenue N, Brooklyn, NY 11230 was built in 1930.

What is the total square footage of 502 Avenue N, Brooklyn, NY 11230?

502 Avenue N, Brooklyn, NY 11230 has a total of 3,080 square feet.

When was 502 Avenue N, Brooklyn, NY 11230 last sold and what was the sale price?

502 Avenue N, Brooklyn, NY 11230 was last sold on 07/24/2018 for $1,838,000.

What is the assessed value of 502 Avenue N, Brooklyn, NY 11230?

502 Avenue N, Brooklyn, NY 11230 is currently assessed at $140,340.

What are the property taxes for 502 Avenue N, Brooklyn, NY 11230?

The property taxes for 502 Avenue N, Brooklyn, NY 11230 total $16,088.

How many residential units does this building have?

This building has 2 residential unit(s).

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.