New York City » 11215 » 1st St » 502 1st St

502 1st Street #2, Brooklyn, NY 11215 - Property report

Also known as: 502 1st St #2

Property image for 502 1st Street #2, Brooklyn, NY 11215

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Lot sq. ft.

2,000

Sale price

$1,581,000

General information

Address

Primary address

502 1st Street #2

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

01076-1002

Building

Property type

Condo - Residential Unit in 2-10 Unit Building (R1)

Unit sq. ft.

1,233

Buildings on lot

Stories

Last altered

2004

Basement

Sales

Sale date

05/04/2015

Sale price

$1,581,000

Tax

Tax year

2026-2027

Property tax

$10,366

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

Distance to wide street

Lot sq. ft.

2,000

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

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

Ownership

Ownership information for 502 1st Street #2, 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 502 1st Street #2, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
05/04/2015	$1,581,000	XXXXXXX, XXXXXXX XXXXXX	XXXXX, XXX XXX XXXXXXXX, XXXXXX
09/08/2010	$941,881	XXXXXXXX, XXXXXX XXX XXXXX, XXX	XXXXX XXXXXXXX XXXXXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/16/2015 - R 05/29/2015 - D	Satisfaction of Mortgage (2015053100180001)	XXXXX XXX	XXXXXXXX X X
05/15/2015 - R 05/04/2015 - D	Deed (2015050501085001)	XXXXX XXX	XXXXXXX XXXXXXX XXXXXX
05/15/2015 - R 04/30/2015 - D	Mortgage (2015050501085002)	XXXXXXX XXXXXXX XXXXXX	XXXXX XXXXX XXXX XX
02/13/2013 - R 01/09/2013 - D	Agreement (2013020400425003)	XXXXX XXX	XXXXXXXX X X
02/13/2013 - R 01/09/2013 - D	Mortgage (2013020400425002)	XXXXX XXX	XXXXXXXX X X
02/13/2013 - R 10/10/2012 - D	Assignment, Mortgage (2013020400425001)	XXXXXXXXXXXX XXX	XXXXXXXX X X
09/16/2010 - R 09/08/2010 - D	Power of Attorney (2010091400226003)	XXXXXXXX XXXXXX	XXX XXX XXXXXX XXXXXXXXXXX
09/16/2010 - R 09/08/2010 - D	Mortgage (2010091400226002)	XXXXXXXX XXXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XX X
09/16/2010 - R 09/08/2010 - D	Deed (2010091400226001)	XXXXX XXXXXXXX XXXXXXXXXXX XXX	XXXXXXXX XXXXXX
10/20/2010 - R 09/01/2010 - D	Amended Condo Declaration (2010101800262001)	XXXXX XXXXXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 502 1st Street #2, 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

$10,366

Municipal exemptions

Recent tax assessments

Market value

$698,384

Assessed value

$314,273

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	$639,915	$287,962	$101,013	12.439%	$12,565	$10,355	+2.59%
2024/25	$799,967	$359,985	$97,881	12.5%	$12,235	$10,094	+7.55%
2023/24	$819,752	$368,889	$90,631	12.502%	$11,331	$9,385	-8.83%
2022/23	$805,578	$362,510	$83,918	12.267%	$10,294	$10,294	+8.28%
2021/22	$644,344	$289,955	$77,702	12.235%	$9,507	$9,507	-0.26%
2020/21	$625,445	$281,450	$77,702	12.267%	$9,532	$9,532	+1.50%
2019/20	$521,263	$234,568	$75,293	12.473%	$9,391	$9,391	+6.81%
2018/19	$434,386	$195,474	$69,716	12.612%	$8,793	$8,793	+7.09%
2017/18	$373,850	$168,232	$64,552	12.719%	$8,210	$8,210	+6.55%
2016/17	$318,333	$143,250	$59,771	12.892%	$7,706	$7,706	+0.07%

Permits

Permit information for 502 1st Street #2, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Park Slope residential market stats

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

Median sale price

$1,619,646

12.4% Y-o-Y

Median price/sq. ft.

$1,514

6.4% 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

8th Ave & 9th St at NW Corner

Station lines

Distance (miles)

0.366

View subway map

Access the detailed traffic volume map for 502 1st Street #2, Brooklyn, NY 11215 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. 321 William Penn	9	No	Public	K-5	1,216	0.15
Poly Prep Lower School	NR	No	Private	PK-4	240	0.16
Poly Prep Lower School	NR	No	Private	PK-4	240	0.16
The Montessori School of New York - Brooklyn	NR	No	Private	PK, K-6	0	0.19
The Montessori School of New York - Brooklyn	NR	No	Private	PK, K-6	0	0.19
Poly Prep Lower School	NR	No	Private		0	0.19
P.S. 39 Henry Bristow	9	No	Public	K-5	344	0.39

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Park Slope Collegiate	4	No	Public	6-12	577	0.17
Poly Prep Lower School	NR	No	Private		0	0.19
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
St Francis Xavier School	NR	No	Private	PK-8	175	0.26
Saint Saviour Catholic Academy	NR	No	Private	PK, K-8	370	0.29
Berkeley Carroll School	NR	No	Private	PK-12	977	0.36
Ms 51 William Alexander	7	No	Public	6-8	1,026	0.46
Is 340	7	No	Public	6-8	150	0.50
P.S. 77	NR	No	Public	K-12	304	0.55
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.55

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Millennium Brooklyn High School	10	No	Public	9-12	721	0.17
John Jay School for Law	3	No	Public	9-12	461	0.17
Cyberarts Studio Academy	2	No	Public	9-12	298	0.17
Park Slope Collegiate	4	No	Public	6-12	577	0.17
Poly Prep Lower School	NR	No	Private		0	0.19
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
St Saviour High School	NR	No	Private	9-12	400	0.26
Berkeley Carroll School	NR	No	Private	PK-12	977	0.36
P.S. 77	NR	No	Public	K-12	304	0.55
Al-Madinah School	NR	No	Private	PK-12	790	0.70

Frequently asked questions

What is the total square footage of 502 1st Street #2, Brooklyn, NY 11215?

502 1st Street #2, Brooklyn, NY 11215 has a total of 1,233 square feet.

When was 502 1st Street #2, Brooklyn, NY 11215 last sold and what was the sale price?

502 1st Street #2, Brooklyn, NY 11215 was last sold on 05/04/2015 for $1,581,000.

What is the assessed value of 502 1st Street #2, Brooklyn, NY 11215?

502 1st Street #2, Brooklyn, NY 11215 is currently assessed at $314,273.

What are the property taxes for 502 1st Street #2, Brooklyn, NY 11215?

The property taxes for 502 1st Street #2, Brooklyn, NY 11215 total $12,565.

How many residential units does this building have?

This building has 1 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.