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505 Elmwood Avenue

505 Elmwood Avenue, Brooklyn, NY 11230
Property in Midwood
65 Units
The building on the property was first built in 1938 and is 86 years old. The building has a total of 6 stories. The linear feet between the front and back of the lot is 103 ft and across the front of the lot is 180 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $1,837,350. If we break it down further, the land itself was valued at $391,050. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1938
  • Building Count: 1
  • Floor Count: 6
  • Total Unit Count: 65
  • Residential Unit Count: 65
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 18,060
  • Lot Size Depth Feet: 103
  • Lot Size Frontage Feet: 180
  • Building Depth: 82
  • Building Frontage: 167
  • Gross Building Area: 71,500

    Building Floor Area

  • Residential Building Floor Area: 71,500

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 1

Building

  • Building Type: D1
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 312
  • City Council District: 44
  • Police Precinct: 66
  • Fire Company: E250
  • Health Area: 7120
  • Sanitation District Borough: 3
  • Sanitation Subsection: 6D
  • School District: 21

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R3-1
  • Special Purpose District 1: OP

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 6503
  • Lot: 51
  • Borough Block Lot: 3065030051

    Address

  • Full Address: 505 Elmwood Avenue
  • Zip Code: 11230

Valuation

    Assessments Valuation

  • Assessed Total Value: $1,837,350
  • Assessed Land Value: $391,050

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Central Brooklyn



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Frequently Asked Questions

What neighborhood is 505 Elmwood Avenue located in?
The 505 Elmwood Avenue is a located in the neighborhood of Midwood in Central Brooklyn, Brooklyn.
What is the average sales price for listings in 505 Elmwood Avenue?
The average sales price for units in 505 Elmwood Avenue is $0 currently.

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