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502 Avenue P, Brooklyn, NY 11223 Property Information

502 Avenue P, Brooklyn, NY 11223 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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502 Avenue P, Brooklyn, NY 11223 1
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Address

Primary address 502 Avenue P
Secondary address 1697 E 5th St
Neighborhood Gravesend
Zip code 11223
Borough Brooklyn
Block & lot 06637-0001

Sales & Tax Overview for 502 Avenue P, Brooklyn

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

Purchase date 10/15/2003
Purchase price $1,400,000
Tax class
Estimated property tax $26,604

Lot & Building Information for 502 Avenue P, Brooklyn

Lot sq. ft. 6,000
Lot dimensions 40 ft x 150 ft
Property type Auto Body/Collision or Auto Repair (G2)
Building sqft 2,550
Building dimensions 70 ft x 28 ft
Buildings on lot 1
Stories 1
Year built 1931
Construction type
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Zoning & Use for 502 Avenue P, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 21
Community district 15
Closest police station 1.09 Miles
Closest fire station 0.48 Miles

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

Other Property Data for 502 Avenue P, 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 502 Avenue P, Brooklyn, NY 11223, 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 502 Avenue P, Brooklyn, NY 11223, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1697 E 5th St, Brooklyn, NY 11223
  • 502-518 Avenue P, Brooklyn, NY 11223

About 502 Avenue P, Brooklyn

How many sq. ft. does 502 Avenue P, Brooklyn, NY 11223 have & what is the price per sq. ft?

This Auto Body/Collision or Auto Repair (G2) located at 502 Avenue P, Brooklyn, NY 11223 has a total of 2,550 square feet and a current price per square foot of $549.

What is the year built & the current market value of 502 Avenue P, Brooklyn, NY 11223?

502 Avenue P, Brooklyn, NY 11223 was built in 1931 and has a current tax assessor's market value of $537,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 502 Avenue P, Brooklyn

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Property owner name for 502 Avenue P, Brooklyn, NY 11223
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Building contacts for 502 Avenue P, Brooklyn, NY 11223
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 502 Avenue P, Brooklyn

Create a free account to view the complete sales history for 502 Avenue P, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/15/2003 $1,400,000

Title Documents for 502 Avenue P, 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
07/16/2015 - D
07/27/2015 - R
Certificate
(2015071600905002)
07/08/2015 - D
07/27/2015 - R
Zoning Lot Description
(2015071600905001)
10/15/2003 - D
01/02/2004 - R
Deed
(2003102100514001)
12/02/1980 - D
02/23/2004 - R
Satisfaction of Mortgage
(2003123000969001)
08/30/1979 - R Sundry Agreement
(37930109701442)
09/17/1974 - R Sundry Agreement
(37430073501869)
09/12/1966 - R Deed
(36630024100256)
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R: Recorded date
D: Document date

Property Taxes for 502 Avenue P, Brooklyn

Access detailed property tax data for 502 Avenue P, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,214
Estimated property tax: $26,604
Tax assessor's market value: $537,000
Assessed value: $241,650

Assessment History for 502 Avenue P, Brooklyn

Here's the assessment & property tax history for 502 Avenue P, 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 $537,000 $241,650 $241,650 10.848% $26,214 $26,214 +0.61%
2024/25 $538,000 $242,100 $242,100 10.762% $26,055 $26,055 +5.69%
2023/24 $536,000 $241,200 $232,740 10.592% $24,652 $24,652 +7.52%
2022/23 $618,000 $278,100 $215,370 10.646% $22,928 $22,928 +13.50%
2021/22 $462,000 $207,900 $187,830 10.755% $20,201 $20,201 +10.06%

Permits for 502 Avenue P, Brooklyn

The complete history of permits filed for 502 Avenue P, 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
02/06/2015 Alteration type 2
01/20/2000 Alteration type 1
09/23/1999 Sign
03/02/1999 Alteration type 3
02/22/1999 Alteration type 1
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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)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station McDonald Ave & Avenue P at NE Corner
Station lines F
Distance (miles) 0.225
View subway map
Bus Routes
Name Kings Hy/Ocean Py
Line B82
Distance (miles) 0.249

Neighbors for 502 Avenue P, Brooklyn

Here are the neighbors for 502 Avenue P, Brooklyn, NY 11223.

Address Square feet Purchase date Purchase price
1672 Ocean Pkwy, Brooklyn 2,600 07/21/2011
1640 Ocean Pkwy, Brooklyn 109,200 12/12/2008 $15,000,000
1664 Ocean Pkwy, Brooklyn 2,600 05/04/2023
1719 E 4th St, Brooklyn 1,230 06/20/1990
1725 E 4th St, Brooklyn 3,440 04/15/2021
1676 Ocean Pkwy, Brooklyn 2,600 05/20/2019
1737 E 4th St, Brooklyn 2,400 06/05/1997
1743 E 4th St, Brooklyn 3,300 01/15/1998
1616 Ocean Pkwy, Brooklyn 19,008 09/12/1966
1670 Ocean Pkwy, Brooklyn 2,600 12/22/1982
1721 E 4th St, Brooklyn 1,174 12/13/2021
1666 Ocean Pkwy, Brooklyn 2,600 05/06/1980
1678 Ocean Pkwy, Brooklyn 2,600 12/14/2016
1622 Ocean Pkwy, Brooklyn 45,350 03/15/2002
1648 Ocean Pkwy, Brooklyn 72,000 04/09/1999
1709 E 4th St, Brooklyn 29,848 05/11/1983
1735 E 4th St, Brooklyn 2,400 12/12/2018 $10
1739 E 4th St, Brooklyn 2,719 12/12/2005
1749 E 4th St, Brooklyn 2,688 11/08/2021
1741 E 4th St, Brooklyn 3,276 06/09/2016 $1,275,000
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