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

502 1st Street #3, Brooklyn, NY 11215 - Property report

Also known as: 502 1st St #3

Property image for 502 1st Street #3, Brooklyn, NY 11215
static Mapbox map

Property type

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

Lot sq. ft.

2,000

Sale price

$662,000

General information

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Address
Primary address
502 1st Street #3
ZIP code
11215
Neighborhood
Park Slope
Borough
Brooklyn
Block & lot
01076-1003

Owner

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Building
Property type
Condo - Residential Unit in 2-10 Unit Building (R1)
Unit sq. ft.
828
Buildings on lot
1
Stories
3
Last altered
2004
Basement
N
Sales
Sale date
11/04/2010
Sale price
$662,000
Tax
Tax year
2026-2027
Property tax
$6,958
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
4
Residential sq. ft.
Commercial units
0
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
15
Community district
6

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

Ownership information for 502 1st Street #3, Brooklyn, NY

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

Sales history for 502 1st Street #3, Brooklyn, NY 11215

Sale date Sale price Buyer name Seller name
11/04/2010 $662,000 XXXXX, XXXXXXX X XXX XXXXXXX, XXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/16/2022 - R
04/04/2022 - D
Mortgage
(2022051000031001)
XXXXX XXXXXXX X XX XXXX XX
12/07/2010 - R
11/04/2010 - D
Satisfaction of Mortgage
(2010111100178001)
XXXXXX XXXX XXX XXXXXX XXX
11/12/2010 - R
11/04/2010 - D
Power of Attorney
(2010110800503003)
XXXXX XXXXXXX X XXX XXX XXXXXX XXXXXXXXXXX
11/12/2010 - R
11/04/2010 - D
Mortgage
(2010110800503002)
XXXXX XXXXXXX X XXXX
11/12/2010 - R
11/04/2010 - D
Deed
(2010110800503001)
XXXXX XXXXXXXX XXXXXXXXXXX XXX XXXXX XXXXXXX X
10/20/2010 - R
09/01/2010 - D
Amended Condo Declaration
(2010101800262001)
XXXXX XXXXXXXX XXXXXXXXXXX XXX
12/14/2009 - R
11/23/2009 - D
Maps
(2009120101104002)
XXX XXX XXXXXX XXXXXXXXXXX
12/14/2009 - R
03/11/2009 - D
Condo Declaration
(2009120101104001)
XXXXX XXXXXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 502 1st Street #3, 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
$6,958
Municipal exemptions
Recent tax assessments
Market value
$468,743
Assessed value
$210,934

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 $429,499 $193,274 $67,799 12.439% $8,434 $6,950 +2.60%
2024/25 $536,924 $241,616 $65,694 12.5% $8,212 $6,774 +7.55%
2023/24 $550,203 $247,591 $60,830 12.502% $7,605 $6,299 -8.83%
2022/23 $540,689 $243,310 $56,324 12.267% $6,909 $6,909 +8.28%
2021/22 $432,472 $194,612 $52,153 12.235% $6,381 $6,381 -0.26%
2020/21 $419,787 $188,904 $52,153 12.267% $6,398 $6,398 +1.50%
2019/20 $349,862 $157,438 $50,534 12.473% $6,303 $6,303 +6.81%
2018/19 $291,552 $131,198 $46,792 12.612% $5,901 $5,901 +7.09%
2017/18 $250,921 $112,914 $43,326 12.719% $5,511 $5,511 +6.55%
2016/17 $213,659 $96,147 $40,118 12.892% $5,172 $5,172 +0.07%

Permit information for 502 1st Street #3, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 9th St at NW Corner
Station lines
F
Distance (miles)
0.366

Access the detailed traffic volume map for 502 1st Street #3, 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

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the total square footage of 502 1st Street #3, Brooklyn, NY 11215?

502 1st Street #3, Brooklyn, NY 11215 has a total of 828 square feet.

When was 502 1st Street #3, Brooklyn, NY 11215 last sold and what was the sale price?

502 1st Street #3, Brooklyn, NY 11215 was last sold on 11/04/2010 for $662,000.

What is the assessed value of 502 1st Street #3, Brooklyn, NY 11215?

502 1st Street #3, Brooklyn, NY 11215 is currently assessed at $210,934.

What are the property taxes for 502 1st Street #3, Brooklyn, NY 11215?

The property taxes for 502 1st Street #3, Brooklyn, NY 11215 total $8,433.

How many residential units does this building have?

This building has 1 residential unit(s).

Disclaimer

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