New York City  »  11229  »  Gravesend Neck Rd  »  1503 Gravesend Neck Rd

1503 Gravesend Neck Road, Brooklyn, NY 11229 - Property report

Also known as: 1503 Gravesend Neck Rd

Property image for 1503 Gravesend Neck Road, Brooklyn, NY 11229
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1910

Lot sq. ft.

1,278

Sale price

$600,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1503 Gravesend Neck Road
Alternate address(es)
1503 Neck Rd
ZIP code
11229
Neighborhood
Sheepshead Bay
Borough
Brooklyn
Block & lot
07376-0060

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
3,346
Building dimensions
18 ft x 55 ft
Buildings on lot
1
Stories
3
Year built
1910
Last altered
2009
Building material
Sales
Sale date
07/09/2004
Sale price
$600,000
Tax
Tax year
2026-2027
Property tax
$7,526
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 ft x 71.83 ft
Lot sq. ft.
1,278

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
84 /100.  Excellent Transit
Bike score
60 /100.  Bikeable
School district
22
Community district
15
Closest police station
0.25 Miles
Closest fire station
0.40 Miles

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Ownership information for 1503 Gravesend Neck Road, Brooklyn, NY

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

Sales history for 1503 Gravesend Neck Road, Brooklyn, NY 11229

Sale date Sale price Buyer name Seller name
07/09/2004 $600,000 XXXXXX, XXXXXX X XXX XXXXXX, XXXXX XXXXXXXX XXXX, XXXXXXX XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/12/2025 - R
11/11/2025 - D
Deed
(2025121101150001)
XXXXXX XXXXX XXXXXXXX XXXX XXXXXXXXX XXX
08/02/2004 - R
07/09/2004 - D
Deed
(2004071601349001)
XXXX XXXXXXX XXXXXX XXXXXX XXXXXX X
12/26/1997 - R Initial UCC1
(3140005881514)
XXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXX
12/05/1997 - R Assignment, Mortgage
(3130005858313)
XXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXX
12/05/1997 - R Mortgage
(3280005858228)
XXXX XXXXXXX XXXXXX XXXXXXX XXXXXXXX XXXX
12/05/1997 - R Deed
(3360005857736)
XXX XXXX XXX XXXX XXXXXXX XXXXXX
12/30/1991 - R Satisfaction of Mortgage
(3460001658246)
XXXXXXXX XXXX XXXXXXX XXXXXXXX XXX
02/22/1991 - R
02/11/1991 - D
Deed
(3230001599923)
XXXXXXXX XXXX XXX XXXX XXX
08/23/1990 - R Assignment, Mortgage
(3790001563079)
XXXXXXXX XXXXX XXXX X XXXXXXX XXXX XXXXXXXX
09/26/1988 - R Assignment, Mortgage
(3550001398555)
XXXXXXX XXXXXXXX XXX XXXXXXXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1503 Gravesend Neck Road, 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
$7,526
Municipal exemptions
Recent tax assessments
Market value
$1,361,000
Assessed value
$81,660

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 $1,407,000 $84,420 $37,930 19.843% $7,526 $7,526 -0.45%
2024/25 $1,324,000 $79,440 $37,644 20.085% $7,561 $7,561 +6.00%
2023/24 $1,170,000 $70,200 $35,514 20.085% $7,133 $7,133 +4.83%
2022/23 $1,079,000 $64,740 $33,504 20.309% $6,804 $6,804 +7.83%
2021/22 $965,000 $57,900 $31,608 19.963% $6,310 $6,310 -5.14%
2020/21 $611,000 $36,660 $31,608 21.045% $6,652 $6,652 +0.18%
2019/20 $531,000 $31,860 $31,370 21.167% $6,640 $6,640 +7.25%
2018/19 $565,000 $33,900 $29,595 20.919% $6,191 $6,191 +8.78%
2017/18 $527,000 $31,620 $27,920 20.385% $5,691 $5,691 +8.09%
2016/17 $439,000 $26,340 $26,340 19.991% $5,266 $5,266 +2.23%

Permit information for 1503 Gravesend Neck Road, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/05/2005 Alteration type 2
11/05/2004 Alteration type 2
08/20/1993 Alteration type 2
08/05/1993 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/15/2014 Lblvio-low pressure boiler
03/01/2013 Lblvio-low pressure boiler
10/08/2010 Vcat1-elevator annual inspection / test

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
15th St & Gravesend Neck Rd at NE Corner
Station lines
B-Q
Distance (miles)
0.019

Access the detailed traffic volume map for 1503 Gravesend Neck Road, Brooklyn, NY 11229 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

Frequently asked questions

What is the year built for 1503 Gravesend Neck Road, Brooklyn, NY 11229?

The development at 1503 Gravesend Neck Road, Brooklyn, NY 11229 was built in 1910.

What is the market value of 1503 Gravesend Neck Road, Brooklyn, NY 11229?

The current market value of 1503 Gravesend Neck Road, Brooklyn, NY 11229 is $1,361,000.

What is the total square footage of 1503 Gravesend Neck Road, Brooklyn, NY 11229?

1503 Gravesend Neck Road, Brooklyn, NY 11229 has a total of 3,346 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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