New York City  »  11230  »  Foster Ave  »  500 Foster Ave

500 Foster Avenue, Brooklyn, NY 11230 - Property report

Also known as: 907 E 5th St

Property image for 500 Foster Avenue, Brooklyn, NY 11230
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

3,950

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
500 Foster Avenue
Alternate address(es)
500-510 Foster Ave
907 E 5th St
ZIP code
11230
Neighborhood
Midwood
Borough
Brooklyn
Block & lot
06503-0001

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
3,800
Building dimensions
109.5 ft x 61.75 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Tax
Tax year
2026-2027
Property tax
$27,874
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
109.5 ft x 61.75 ft
Lot sq. ft.
3,950

Area overview

Walk score
80 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
22
Community district
14
Closest police station
0.08 Miles
Closest fire station
0.18 Miles

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

Ownership

Ownership information for 500 Foster Avenue, Brooklyn, NY

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

Sales history for 500 Foster Avenue, Brooklyn, NY 11230

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/15/2024 - R
10/10/2024 - D		 Assignment of Leases and Rents
(2024101100218003)		 XXX XXX XXXXX XXXXX XXXX
10/15/2024 - R
10/10/2024 - D		 Agreement
(2024101100218002)		 XXX XXX XXXXX XXXXX XXXX
10/15/2024 - R
10/01/2024 - D		 Termination of Assign of L&R
(2024101100218001)		 XXXXX XXXX XXX XXX XXXXX
05/06/2019 - R
05/02/2019 - D		 Assignment of Leases and Rents
(2019050200228003)		 XXX XXX XXXXX XXXXX XXXX
05/06/2019 - R
05/02/2019 - D		 Mortgage
(2019050200228002)		 XXX XXX XXXXX XXXXX XXXX
05/06/2019 - R
04/29/2019 - D		 Correction Deed
(2019050200228001)		 XXXXXXXXX XXXXX XXX XXX XXXXX
12/02/2008 - R
10/02/2008 - D		 Deed
(2008112000403001)		 XXXXXXXXX XXXXX XXXXXX XXXXXXXXX XX XXXXXXX
11/15/1983 - R
11/01/1983 - D		 Street Procedure
(3230000987723)		 XXXXXXXXX XXXXX XXXXXXXXX XXXXX
05/11/1982 - R Satisfaction of Mortgage
(3920000910492)		 XXXXX XXXXXX XXXX XXXXXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 500 Foster Avenue, 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
$27,874
Municipal exemptions
Recent tax assessments
Market value
$620,000
Assessed value
$279,000

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 $593,000 $266,850 $242,640 10.848% $26,322 $26,322 +0.61%
2024/25 $559,000 $251,550 $243,090 10.762% $26,161 $26,161 +0.20%
2023/24 $565,000 $254,250 $246,510 10.592% $26,110 $26,110 +5.22%
2022/23 $518,000 $233,100 $233,100 10.646% $24,816 $24,816 +11.23%
2021/22 $461,000 $207,450 $207,450 10.755% $22,311 $22,311 -22.47%
2020/21 $598,000 $269,100 $269,100 10.694% $28,778 $28,778 +1.66%
2019/20 $597,000 $268,650 $268,650 10.537% $28,308 $28,308 +7.61%
2018/19 $556,000 $250,200 $250,200 10.514% $26,306 $26,306 +2.58%
2017/18 $542,000 $243,900 $243,900 10.514% $25,644 $25,644 -18.74%
2016/17 $759,000 $341,550 $298,440 10.574% $31,557 $31,557 +9.68%
Permits

Permit information for 500 Foster Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
05/13/2026 Alteration
04/07/2025 Alteration
04/15/2016 Alteration type 3
02/04/2008 Alteration type 2
12/14/2007 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/07/2016 Imegncy-immediate emergency
12/13/2011 Lblvio-low pressure boiler
12/31/2009 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Parkville Ave at NE Corner
Station lines
F
Distance (miles)
0.221
View subway map

Access the detailed traffic volume map for 500 Foster Avenue, Brooklyn, NY 11230 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

Neighbors for 500 Foster Avenue, Brooklyn, NY

760 E 10th St, Brooklyn 1800 Shore Pkwy, Brooklyn 5021-5041 Bay Pkwy, Brooklyn 129 Elmwood Ave, Brooklyn 2266 Cropsey Ave, Brooklyn 241 Bay 17 St, Brooklyn 1151 McDonald Ave, Brooklyn 1810 Cropsey Ave, Brooklyn 1463 McDonald Ave, Brooklyn 1075 McDonald Ave, Brooklyn 702 E 10th St, Brooklyn 895 Ocean Pkwy, Brooklyn 1289-1321 E 2nd St, Brooklyn 9000 Bay Pkwy, Brooklyn 269 Bay 8 St, Brooklyn 1083 McDonald Ave, Brooklyn 413 Avenue I, Brooklyn 1155 MC Donald Ave, Brooklyn 1277 McDonald Ave, Brooklyn 1497 McDonald Ave, Brooklyn

Nearby ZIP codes for 500 Foster Avenue, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 500 Foster Avenue, Brooklyn, NY 11230?

The development at 500 Foster Avenue, Brooklyn, NY 11230 was built in 1931.

What is the market value of 500 Foster Avenue, Brooklyn, NY 11230?

The current market value of 500 Foster Avenue, Brooklyn, NY 11230 is $620,000.

What is the total square footage of 500 Foster Avenue, Brooklyn, NY 11230?

500 Foster Avenue, Brooklyn, NY 11230 has a total of 3,800 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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