502 Gravesend Neck Road, Brooklyn, NY 11223 Property Information
502 Gravesend Neck Road, Brooklyn, NY 11223 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 502 Gravesend Neck Road |
| Secondary address | 2289-2297 E 5th St |
| Neighborhood | Gravesend |
| Zip code | 11223 |
| Borough | Brooklyn |
| Block & lot | 07157-0070 |
Sales & Tax Overview for 502 Gravesend Neck Road, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/02/2022 |
| Purchase price | $1,750,000 |
| Tax class | Register |
| Estimated property tax | $12,937 |
Lot & Building Information for 502 Gravesend Neck Road, Brooklyn
| Lot sqft | 1,738 |
| Lot dimensions | |
| Building class | Single or Multiple Dwelling with Stores or Offices (S9) |
| Building sqft | 3,460 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1931 |
| Year last altered | 1994 |
| Construction type | Register |
Area Overview
| School district | 21 |
| Community district | 15 |
| Closest police station | 0.28 Miles |
| Closest fire station | 0.34 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 502 Gravesend Neck Road, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 2289-2297 E 5th St, Brooklyn, NY 11223
- 502 A Gravesend Neck Rd, Brooklyn, NY 11223
About 502 Gravesend Neck Road, Brooklyn
This Single or Multiple Dwelling with Stores or Offices (S9) located at 502 Gravesend Neck Road, Brooklyn, NY 11223 has a total of 3,460 square feet and a current price per square foot of $505.
What is the year built & the current market value of 502 Gravesend Neck Road, Brooklyn, NY 11223?502 Gravesend Neck Road, Brooklyn, NY 11223 was built in 1931 and has a current tax assessor's market value of $955,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease.
Ownership Information for 502 Gravesend Neck Road, Brooklyn
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Past Sales & Property History for 502 Gravesend Neck Road, Brooklyn
Create a free account to view the complete sales history for 502 Gravesend Neck Road, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/02/2022 | $1,750,000 | Register | Register |
Title Documents for 502 Gravesend Neck Road, 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.
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R: Recorded date
D: Document date
Property Taxes for 502 Gravesend Neck Road, Brooklyn
Access detailed property tax data for 502 Gravesend Neck Road, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $12,938 |
| Estimated property tax: | $12,937 |
| Tax assessor's market value: | $955,000 |
| Assessed value: | $429,750 |
Assessment History for 502 Gravesend Neck Road, Brooklyn
Here's the assessment & property tax history for 502 Gravesend Neck Road, 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 | $955,000 | $429,750 | $104,009 | 12.439% | $12,938 | $12,938 | +2.70% |
| 2024/25 | $885,600 | $398,520 | $100,783 | 12.5% | $12,598 | $12,598 | +7.98% |
| 2023/24 | $738,000 | $332,100 | $93,318 | 12.502% | $11,667 | $11,667 | +10.07% |
| 2022/23 | $615,000 | $276,750 | $86,407 | 12.267% | $10,600 | $10,600 | +8.28% |
| 2021/22 | $670,000 | $301,500 | $80,007 | 12.235% | $9,789 | $9,789 | -0.26% |
Permits for 502 Gravesend Neck Road, Brooklyn
The complete history of permits filed for 502 Gravesend Neck Road, 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.
No recorded permits for this property.
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.
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: | 2 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | McDonald Ave & Gravesend Neck Rd at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.387 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Av X/Ocean Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.225 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 502 Gravesend Neck Road, Brooklyn
Here are the neighbors for 502 Gravesend Neck Road, Brooklyn, NY 11223.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 2311 E 5th St, Brooklyn | 3,234 | 01/11/2005 | |
| 2323 E 5th St, Brooklyn | 1,332 | 09/09/2025 | |
| 504 Gravesend Neck Rd, Brooklyn | 2,000 | 05/20/2021 | $1,250,000 |
| 2279 E 5th St, Brooklyn | 4,391 | 07/13/2004 | $500,000 |
| 2275 E 5th St, Brooklyn | 2,180 | 09/17/2024 | |
| 2273 E 5th St, Brooklyn | 2,180 | 02/12/2003 | $400,500 |
| 2299 E 5th St, Brooklyn | 7,220 | 10/07/2005 | $1,285,000 |
| 2305 E 5th St, Brooklyn | 4,977 | 01/30/2014 | |
| 2319 E 5th St, Brooklyn | 3,330 | 12/27/2012 | |
| 503 Avenue W, Brooklyn | 2,850 | 07/09/2025 | $2,800,000 |
| 510 Gravesend Neck Rd, Brooklyn | 1,624 | 05/05/2021 | $975,000 |
| 515 Gravesend Neck Rd, Brooklyn | 2,117 | 05/21/2017 | |
| 511 Gravesend Neck Rd, Brooklyn | 2,580 | 03/19/2018 | |
| 501 Avenue W, Brooklyn | 3,840 | 01/01/2024 | $10 |
| 506 Gravesend Neck Rd, Brooklyn | 2,000 | 10/05/2021 | $1,437,500 |
| 2325 E 5th St, Brooklyn | 1,260 | 09/09/2025 | |
| 2327 E 5th St, Brooklyn | 1,260 | 08/19/1991 | |
| 512 Gravesend Neck Rd, Brooklyn | 3,487 | 07/09/2018 | |
| 2277 E 5th St, Brooklyn | 2,180 | 09/17/2024 | |
| 2315 E 5th St, Brooklyn | 1,450 | 06/28/1993 |