Bronx  »  10474  »  Hunts Point Ave  »  506 Hunts Point Ave

506 Hunts Point Avenue, Bronx, NY 10474 - Property report

Also known as: 506 Drake St

Property image for 506 Hunts Point Avenue, Bronx, NY 10474
static Mapbox map

Property type

Fireproof Warehouse (E1)

Year built

1932

Lot sq. ft.

5,345

Sale price

$750,000

General information

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Address
Primary address
506 Hunts Point Avenue
Alternate address(es)
500-504 Hunts Point Ave
506 Drake St
ZIP code
10474
Neighborhood
Hunts Point
Borough
Bronx
Block & lot
02769-0170

Owner

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Building
Property type
Fireproof Warehouse (E1)
Building sq. ft.
5,345
Building dimensions
50 ft x 79 ft
Buildings on lot
2
Stories
1
Year built
1932
Last altered
2022
Building material
Sales
Sale date
03/04/2020
Sale price
$750,000
Tax
Tax year
2026-2027
Property tax
$33,537
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
112.8 ft x 78.76 ft
Lot sq. ft.
5,345

Area overview

Walk score
70 /100.  Very Walkable
Transit score
63 /100.  Good Transit
Bike score
68 /100.  Bikeable
School district
8
Community district
2
Closest police station
0.75 Miles
Closest fire station
0.57 Miles

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Ownership information for 506 Hunts Point Avenue, Bronx, NY

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

Sales history for 506 Hunts Point Avenue, Bronx, NY 10474

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/16/2022 - R
03/10/2022 - D
Zoning Lot Description
(2022031100092002)
XXXXX XXXXXXXXXX XXXX
03/16/2022 - R
03/04/2022 - D
Certificate
(2022031100092001)
XXXXXXXX XXXX XXXXXXXX XXX
10/23/2020 - R
09/22/2020 - D
Certificate
(2020100600413001)
XXXXXXXX XXXX XXXXXXXX XXX
10/23/2020 - R
09/21/2020 - D
Zoning Lot Description
(2020100600413002)
XXXXX XXXXXXXXX XXXX
03/06/2020 - R
03/04/2020 - D
Deed
(2020030600288001)
XXXXXXX XXX XX XXXXXXX XXXXX XXXXXXXXXX XXXX
07/31/2012 - R
07/12/2012 - D
Deed
(2012072000351002)
XXXXX XXXXXX XXXXX XXXXX XXXXXXX X XXXX XXXX XXXXX XXXXXXXXXXX XXXXX XX XXX XXXX XX XXXX
05/01/1998 - R Deed
(2680006029068)
XXXXX XXXX XXXXX XXXXXXXXXXXX
02/19/1986 - R Miscellaneous
(2180000634518)
XXXXXX XXXXX XXXXXXXXXX
12/13/1976 - R Deed
(37620032101320)
XXXXXXX XXXXX X XX XXXX XXXXX
01/05/1976 - R Deed
(37620029501868)
XXXXXXX XXXXX X XX XXXXX X XXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 506 Hunts Point Avenue, Bronx, 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
$33,537
Municipal exemptions
Recent tax assessments
Market value
$687,000
Assessed value
$309,150

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 $665,000 $299,250 $299,250 10.848% $32,463 $32,463 +4.74%
2024/25 $640,000 $288,000 $288,000 10.762% $30,995 $30,995 +139.20%
2023/24 $634,700 $285,615 $122,334 10.592% $12,958 $12,958 +3.63%
2022/23 $261,000 $117,450 $117,450 10.646% $12,504 $12,504 +15.34%
2021/22 $224,000 $100,800 $100,800 10.755% $10,841 $10,841 -24.66%
2020/21 $299,000 $134,550 $134,550 10.694% $14,389 $14,389 +5.37%
2019/20 $288,000 $129,600 $129,600 10.537% $13,656 $13,656 -1.42%
2018/19 $313,000 $140,850 $131,760 10.514% $13,853 $13,853 +4.05%
2017/18 $290,000 $130,500 $126,630 10.514% $13,314 $13,314 -2.58%
2016/17 $309,000 $139,050 $129,240 10.574% $13,666 $13,666 +11.76%

Permit information for 506 Hunts Point Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
05/29/2025 Alteration
12/09/2024 Alteration
03/10/2023 Alteration
03/08/2023 Alteration
03/08/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Bronx commercial market stats

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

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
0.2

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Hunts Point Ave & 163rd St at SE Corner
Station lines
6
Distance (miles)
0.796

Access the detailed traffic volume map for 506 Hunts Point Avenue, Bronx, NY 10474 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 506 Hunts Point Avenue, Bronx, NY 10474?

The development at 506 Hunts Point Avenue, Bronx, NY 10474 was built in 1932.

What is the market value of 506 Hunts Point Avenue, Bronx, NY 10474?

The current market value of 506 Hunts Point Avenue, Bronx, NY 10474 is $687,000.

What is the total square footage of 506 Hunts Point Avenue, Bronx, NY 10474?

506 Hunts Point Avenue, Bronx, NY 10474 has a total of 5,345 square feet.

What is the price per square foot for this property?

$140 per square foot is the price for 506 Hunts Point Avenue, Bronx, NY 10474.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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