New York City  »  11223  »  Kings Hwy  »  503 Kings Hwy

503 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 503 Kings Hwy

Property image for 503 Kings Highway, Brooklyn, NY 11223
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1931

Lot sq. ft.

1,620

Sale price

$499,500

General information

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Address
Primary address
503 Kings Highway
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06659-0056

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
2,196
Building dimensions
18 ft x 61 ft
Buildings on lot
1
Stories
2
Year built
1931
Building material
Sales
Sale date
01/22/2004
Sale price
$499,500
Tax
Tax year
2026-2027
Property tax
$8,295
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
18.58 ft x 90.08 ft
Lot sq. ft.
1,620

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
90 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.88 Miles
Closest fire station
0.61 Miles

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

Ownership

Ownership information for 503 Kings Highway, Brooklyn, NY

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

Sales history for 503 Kings Highway, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
01/22/2004 $499,500 XXXXX XXXXXX X.X.X. XXX. XXXXXXXXXXXX, XXXXXX XXX XXXXXXXXXXXX, 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
05/14/2019 - R
05/11/2019 - D		 Deed
(2019051200016001)		 X XXXXXX XXX XXX X X XXX XXX
05/25/2007 - R
11/21/2006 - D		 Deed
(2007052201394001)		 XXXXX XXXXXX X X X XX X X XXXXXX XXX XX X
03/12/2004 - R
01/22/2004 - D		 Mortgage
(2004012901619002)		 XXXXX XXXXXX XXX XXX XXXXX XXXX
03/12/2004 - R
01/22/2004 - D		 Deed
(2004012901619001)		 XXXXXXXXXXXX XXXXXX XXXXX XXXXXX XXX XXX
08/29/1983 - R Uniform Commercial Code 1
(3080001830208)		 XXXXXXXXXXXX XXXXXX
08/29/1983 - R Satisfaction of Mortgage
(3230000975223)		 XXXXXXX XXXX XXXXXXXXXX XXXXXXX XXXX
08/29/1983 - R Mortgage
(3820000975182)		 XXXXXXXXXXXX XXXXXX XXXXXXXXXXX XXXXXXXXXXX
08/29/1983 - R
08/22/1983 - D		 Deed
(3810000975181)		 XXXXXXX XXXXXX XXXXXXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 503 Kings Highway, 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
$8,295
Municipal exemptions
Recent tax assessments
Market value
$2,546,000
Assessed value
$152,760

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 $1,936,000 $116,160 $41,803 19.843% $8,295 $8,295 -0.45%
2024/25 $1,586,000 $95,160 $41,484 20.085% $8,332 $8,332 +5.99%
2023/24 $1,402,000 $84,120 $39,139 20.085% $7,861 $7,861 +4.83%
2022/23 $1,101,000 $66,060 $36,924 20.309% $7,499 $7,499 +7.84%
2021/22 $992,000 $59,520 $34,836 19.963% $6,954 $6,954 -5.15%
2020/21 $1,085,000 $65,100 $34,836 21.045% $7,331 $7,331 +0.19%
2019/20 $978,000 $58,680 $34,570 21.167% $7,317 $7,317 +7.25%
2018/19 $815,000 $48,900 $32,616 20.919% $6,823 $6,823 +8.78%
2017/18 $760,000 $45,600 $30,770 20.385% $6,272 $6,272 +8.08%
2016/17 $741,000 $44,460 $29,030 19.991% $5,803 $5,803 +2.23%
Permits

Permit information for 503 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/19/2010 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
05/15/2014 Lblvio-low pressure boiler
03/01/2013 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SE Corner
Station lines
F
Distance (miles)
0.077
View subway map

Access the detailed traffic volume map for 503 Kings Highway, Brooklyn, NY 11223 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

Neighbors for 503 Kings Highway, Brooklyn, NY

1831 E 2nd St, Brooklyn 1825 E 2nd St, Brooklyn 1819 E 2nd St, Brooklyn 1827 E 2nd St, Brooklyn 505 Kings Hwy, Brooklyn 515 Kings Hwy, Brooklyn 519 Kings Hwy, Brooklyn 509 Kings Hwy, Brooklyn 1843 E 2nd St, Brooklyn 1821 E 2nd St, Brooklyn 511 Kings Hwy, Brooklyn 513 Kings Hwy, Brooklyn 1813 E 2nd St, Brooklyn 501 Kings Hwy, Brooklyn 1815 E 2nd St, Brooklyn 507 Kings Hwy, Brooklyn 523 Kings Hwy, Brooklyn 1837 E 2nd St, Brooklyn 517 Kings Hwy, Brooklyn 521 Kings Hwy, Brooklyn

Nearby ZIP codes for 503 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, 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 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 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 503 Kings Highway, Brooklyn, NY 11223?

The development at 503 Kings Highway, Brooklyn, NY 11223 was built in 1931.

What is the market value of 503 Kings Highway, Brooklyn, NY 11223?

The current market value of 503 Kings Highway, Brooklyn, NY 11223 is $2,546,000.

What is the total square footage of 503 Kings Highway, Brooklyn, NY 11223?

503 Kings Highway, Brooklyn, NY 11223 has a total of 2,196 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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