New York City  »  11230  »  Avenue O  »  501 Avenue O

501 Avenue O, Brooklyn, NY 11230 - Property report

Also known as: 1583-1593 E 5th St

Property image for 501 Avenue O, Brooklyn, NY 11230
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Property type

Two Family Brick (B1)

Year built

1930

Lot sq. ft.

2,149

Sale price

$965,000

General information

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Address
Primary address
501 Avenue O
Alternate address(es)
1583-1593 E 5th St
501 Garage Avenue O
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06587-0063

Owner

Find out who owns 501 Avenue O, Brooklyn, NY 11230. Uncover corporate and individual owners with a free account.

Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,992
Building dimensions
22 ft x 60 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
02/09/2009
Sale price
$965,000
Tax
Tax year
2026-2027
Property tax
$10,184
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Avenue O (wide)
East 5 Street (narrow)
Distance to wide street
Lot dimensions
22 ft x 97.67 ft
Lot sq. ft.
2,149

Area overview

Walk score
89 /100.  Very Walkable
Transit score
94 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
21
Community district
12
Closest police station
1.26 Miles
Closest fire station
0.50 Miles

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

Ownership

Ownership information for 501 Avenue O, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 501 Avenue O, Brooklyn, NY 11230

Sale date Sale price Buyer name Seller name
02/09/2009 $965,000 XXXXX, XXXX XXX XXXXX, XXXXXXXX XXXX, XXXXXXX XXX XXXXXXX, XXXXXXX XXX XXXXXX XX XXXXXX XXXX, XXXXXXX XXXXXXX XX XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/15/2023 - R
11/02/2023 - D		 Assignment, Mortgage
(2023110700966001)		 XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
10/07/2019 - R
09/03/2019 - D		 Agreement
(2019091600312006)		 XXXXX XXXXXXXX XXXXX XXXXXXXX XXXX
10/07/2019 - R
09/03/2019 - D		 Mortgage
(2019091600312005)		 XXXXX XXXXXXXX XXXXX XXXXXXXX XXXX
10/07/2019 - R
09/03/2019 - D		 Power of Attorney
(2019091600312001)		 XXXXX XXXXXXXX XXXXX XXXX
10/07/2019 - R
08/26/2019 - D		 Assignment, Mortgage
(2019091600312004)		 XXXXXXX XXXXXXXX XXXXX XXXXX XXXXXXXX XXXX
10/07/2019 - R
08/26/2019 - D		 Assignment, Mortgage
(2019091600312003)		 XXXXX XXXXXXXX XXXX XXXXXXX XXXXXXXX XXXXX
03/20/2019 - R
02/07/2019 - D		 Assignment, Mortgage
(2019031200035001)		 XXXXX XXXXXXXX XXXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
10/07/2019 - R
09/12/2018 - D		 Power of Attorney
(2019091600312002)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXX XXXXXXXX XXXX
06/25/2018 - R
06/13/2018 - D		 Satisfaction of Mortgage
(2018062200308001)		 XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXX XXXXXXXX XXX
10/04/2018 - R
06/06/2018 - D		 Correction Mortgage
(2018100300904001)		 XXXXX XXXXXXXX XXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 501 Avenue O, 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
$10,184
Municipal exemptions
Recent tax assessments
Market value
$1,061,000
Assessed value
$63,660

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 $807,000 $48,420 $48,420 19.843% $9,608 $9,608 -2.41%
2024/25 $817,000 $49,020 $49,020 20.085% $9,846 $9,846 -17.72%
2023/24 $993,000 $59,580 $59,580 20.085% $11,967 $11,967 -9.74%
2022/23 $1,088,000 $65,280 $65,280 20.309% $13,258 $13,258 -7.21%
2021/22 $1,193,000 $71,580 $71,572 19.963% $14,288 $14,288 -1.43%
2020/21 $1,446,000 $86,760 $68,876 21.045% $14,495 $14,495 +61.48%
2019/20 $1,001,000 $60,060 $42,408 21.167% $8,977 $8,977 +1.19%
2018/19 $961,000 $57,660 $42,408 20.919% $8,871 $8,871 +7.14%
2017/18 $900,000 $54,000 $40,619 20.385% $8,580 $8,280 +8.55%
2016/17 $842,000 $50,520 $38,157 19.991% $7,938 $7,628 +4.14%
Permits

Permit information for 501 Avenue O, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/02/2016 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
08/13/2005 A

*Most recent HPD violation on record 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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
McDonald Ave & Avenue P at NE Corner
Station lines
F
Distance (miles)
0.277
View subway map

Access the detailed traffic volume map for 501 Avenue O, 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. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.34
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.34
Yeshiva of Brooklyn NR No Private PK-12 565 0.06
Yeshiva of Brooklyn NR No Private PK-12 565 0.06
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.06
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.06
Yeshiva Mikdash Melch NR No Private PK, K-3 0 0.30
P.S. 177 The Marlboro 6 No Public PK, K-5 869 0.37
P.S. 177 The Marlboro 6 No Public PK, K-5 869 0.37
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 238 Anne Sullivan 4 Yes Public PK, K-8 592 0.34
Yeshiva of Brooklyn NR No Private PK-12 565 0.06
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.06
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.41
Bet Yaakov Ateret Torah NR No Private K-8 664 0.42
Yeshiva Ateret Torah NR No Private PK-12 1,935 0.42
P.S. 226 Alfred De B Mason 5 No Public PK, K-8 910 0.45
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Yeshiva of Brooklyn NR No Private PK-12 565 0.06
Yeshiva Of Brooklyn Girls Div NR No Private PK, K-12 741 0.06
Yeshiva Shaare Torah Boys High School NR No Private 1-12 0 0.41
Yeshiva Ateret Torah NR No Private PK-12 1,935 0.42
Yeshiva Steret Tech Girls High School NR No Private 9-12 208 0.42

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 501 Avenue O, Brooklyn, NY

1571 E 5th St, Brooklyn 1567 E 5th St, Brooklyn 1555 E 5th St, Brooklyn 1464 Ocean Pkwy, Brooklyn 1579 E 5th St, Brooklyn 1458 Ocean Pkwy, Brooklyn 1575 E 5th St, Brooklyn 1573 E 5th St, Brooklyn 1559 E 5th St, Brooklyn 1496 Ocean Pkwy, Brooklyn 505 Avenue O, Brooklyn 1490 Ocean Pkwy, Brooklyn 1476 Ocean Pkwy, Brooklyn 1561 E 5th St, Brooklyn 1500 Ocean Pkwy, Brooklyn 1486 Ocean Pkwy, Brooklyn 1581 E 5th St, Brooklyn 1565 E 5th St, Brooklyn 1482 Ocean Pkwy, Brooklyn 1470 Ocean Pkwy, Brooklyn

Nearby ZIP codes for 501 Avenue O, 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 501 Avenue O, Brooklyn, NY 11230?

The development at 501 Avenue O, Brooklyn, NY 11230 was built in 1930.

What is the total square footage of 501 Avenue O, Brooklyn, NY 11230?

501 Avenue O, Brooklyn, NY 11230 has a total of 2,992 square feet.

When was 501 Avenue O, Brooklyn, NY 11230 last sold and what was the sale price?

501 Avenue O, Brooklyn, NY 11230 was last sold on 02/09/2009 for $965,000.

What is the assessed value of 501 Avenue O, Brooklyn, NY 11230?

501 Avenue O, Brooklyn, NY 11230 is currently assessed at $63,660.

What are the property taxes for 501 Avenue O, Brooklyn, NY 11230?

The property taxes for 501 Avenue O, Brooklyn, NY 11230 total $10,184.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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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.

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