New York City » 11223 » Avenue W » 501 Avenue W

501 Avenue W, Brooklyn, NY 11223 - Property report

Also known as: 2329-2339 E 5th St

Property image for 501 Avenue W, Brooklyn, NY 11223

Property type

Three Families (C0)

Year built

1930

Lot sq. ft.

1,801

Sale price

$10

General information

Address

Primary address

501 Avenue W

Alternate address(es)

2329-2339 E 5th St

ZIP code

11223

Neighborhood

Gravesend

Borough

Brooklyn

Block & lot

07157-0057

Building

Property type

Three Families (C0)

Building sq. ft.

3,840

Building dimensions

20 ft x 62 ft

Buildings on lot

Stories

Year built

1930

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Garage type

Attached Garage

Sales

Sale date

01/01/2024

Sale price

$10

Tax

Tax year

2026-2027

Property tax

$13,020

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)

Avenue W (wide)
East 5 Street (narrow)

Distance to wide street

Lot dimensions

20 ft x 90 ft

Lot sq. ft.

1,801

Area overview

Walk score

91 /100. Walker's Paradise

Transit score

92 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.27 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 501 Avenue W, 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 501 Avenue W, Brooklyn, NY 11223

Sale date	Sale price	Buyer name	Seller name
01/01/2024	$10	XXX XXXXXX X XXXXX XXX XXXXXX (XXXXXXX) , XXXXX	XXXXXX, XXXXXXX XXX XXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/08/2025 - R 03/28/2025 - D	Satisfaction of Mortgage (2025040700475001)	XXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/24/2025 - R 03/12/2025 - D	Mortgage (2025032100800001)	XXX XXXXXX X XXXXX	XXXX
11/14/2024 - R 11/04/2024 - D	Satisfaction of Mortgage (2024111200332001)	XXXXXX XXXX	XXXXXX XXX
10/29/2024 - R 10/11/2024 - D	Mortgage (2024102500568001)	XXX XXXXXX X XXXXX	XXXXXXX XXXX
06/25/2024 - R 01/01/2024 - D	Deed (2024061900452001)	XXXXXX XXXXXXX	XXX XXXXXX X XXXXX
12/08/2021 - R 11/05/2021 - D	Assignment, Mortgage (2021120101022001)	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX	XX XXXX XXXXX XXXXXXXX XXXXXXXXXXX
03/04/2016 - R 02/19/2016 - D	Assignment, Mortgage (2015112300438001)	XXXX XXXX XXX X X	XXXXXXX XXXXXXXX XXXXXXXX XXXXXXXXXXX
11/16/2011 - R 11/01/2011 - D	Assignment, Mortgage (2011110101482001)	XXXXXXXX XXXXXXXX XXXXXXX XXXXX XXX	XXXX XXXX XXX X X
12/30/2010 - R 12/16/2010 - D	Satisfaction of Mortgage (2010121600891001)	XXXXXX XXXX	XXXX XX XXXXXXX X X
07/20/2009 - R 06/15/2009 - D	Deed (2009061500814001)	XXXXXX XXXX	XXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 501 Avenue W, 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

$13,020

Municipal exemptions

Recent tax assessments

Market value

$3,113,000

Assessed value

$186,780

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	$3,410,000	$204,600	$61,903	19.843%	$12,283	$12,283	+4.72%
2024/25	$2,894,000	$173,640	$58,403	20.085%	$11,730	$11,730	0.00%
2023/24	$2,678,000	$160,680	$58,403	20.085%	$11,730	$11,730	-0.35%
2022/23	$2,192,000	$131,520	$57,960	20.309%	$11,771	$11,771	+7.83%
2021/22	$2,151,000	$129,060	$54,680	19.963%	$10,916	$10,916	+0.55%
2020/21	$1,798,000	$107,880	$51,586	21.045%	$10,856	$10,856	+5.38%
2019/20	$1,988,000	$119,280	$48,669	21.167%	$10,302	$10,302	+1.19%
2018/19	$1,373,000	$82,380	$48,669	20.919%	$10,181	$10,181	+3.40%
2017/18	$1,026,000	$61,560	$48,300	20.385%	$9,846	$9,846	+8.09%
2016/17	$1,073,000	$64,380	$45,567	19.991%	$9,109	$9,109	+8.37%

Permits

Permit information for 501 Avenue W, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/01/2026	A
	11/20/2025	I
	06/06/2025	A

*Most recent HPD violations on record for this property.

Neighborhood

Homecrest residential market stats

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

Median sale price

$655,000

-11.1% Y-o-Y

Median price/sq. ft.

$654

-5% Y-o-Y

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 & Gravesend Neck Rd at SE Corner

Station lines

Distance (miles)

0.409

View subway map

Access the detailed traffic volume map for 501 Avenue W, 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 216 Arturo Toscanini	6	Yes	Public	PK, K-5	690	0.30
P.S. 216 Arturo Toscanini	6	Yes	Public	PK, K-5	690	0.30
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.14
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.14
Ahi Ezer Yeshiva School	NR	No	Private	PK-8	149	0.23
Ahi Ezer Yeshiva School	NR	No	Private	PK-8	149	0.23
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.49
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.50
P.S. 209 Margaret Mead	6	No	Public	PK, K-8	729	0.51
P.S. 209 Margaret Mead	6	No	Public	PK, K-8	729	0.51

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Is 303 Herbert S Eisenberg	4	Yes	Public	6-8	383	0.81
Our Lady of Grace Catholic Academy	NR	No	Private	PK-8	185	0.14
Ahi Ezer Yeshiva School	NR	No	Private	PK-8	149	0.23
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.49
P.S. 95 The Gravesend	7	No	Public	K-8	940	0.50
Big Apple Academy	NR	No	Private	TK-8	888	0.50
P.S. 209 Margaret Mead	6	No	Public	PK, K-8	729	0.51
Ahaba Ve Ahava	NR	No	Private	PK, K-10	93	0.58
Is 228 David A Boody	7	No	Public	6-8	1,551	0.77

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Abraham Lincoln High School	4	Yes	Public	9-12	2,129	0.74
Harma Inst of Secondary Education	NR	No	Private	12	0	0.14
Torah Academy High School	NR	No	Private	9-12	16	0.41
Torah Academy High School	NR	No	Private	9-12	12	0.43
Yeshivat Magen Abraham	NR	No	Private	9-12	39	0.46
Yeshivat Or Hatorah	NR	No	Private	PK, K-12	44	0.49
William E Grady Career And Technical Education High School	3	No	Public	9-12	606	0.72
Coney Island Preparatory Public Charter School	5	No	Charter	K-12	1,253	0.81
Rachel Carson High School For Coastal Studies	5	No	Public	9-12	595	0.81

Nearby ZIP codes for 501 Avenue W, 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 501 Avenue W, Brooklyn, NY 11223?

The development at 501 Avenue W, Brooklyn, NY 11223 was built in 1930.

What is the total square footage of 501 Avenue W, Brooklyn, NY 11223?

501 Avenue W, Brooklyn, NY 11223 has a total of 3,840 square feet.

When was 501 Avenue W, Brooklyn, NY 11223 last sold and what was the sale price?

501 Avenue W, Brooklyn, NY 11223 was last sold on 01/01/2024 for $10.

What is the assessed value of 501 Avenue W, Brooklyn, NY 11223?

501 Avenue W, Brooklyn, NY 11223 is currently assessed at $186,780.

What are the property taxes for 501 Avenue W, Brooklyn, NY 11223?

The property taxes for 501 Avenue W, Brooklyn, NY 11223 total $13,020.

How many residential units does this building have?

This building has 3 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.