Commercial > Multi-family / Apartments
Sold
03/16/2006
Sold Price
$8,671,757$1,574/ft²
502 Lexington Ave
Brooklyn, NY 11221
- -Bed
- -Bath
- 5,508ft²Living Area
- 3,000ft²Lot Size
- -Pool
- -Car
- 1931Year Built
- -DOM
- 18Permits
502 Lexington Ave, Brooklyn, NY 11221 is a 5,508 ft² multi-family/apartments property built in 1931 on a 0.069 acre lot with 18 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2006 for $8,671,757.
Permits
502 Lexington Ave has 18 permit records of total value of $1,311,000.
Permit History
18
Permits
$1,311,000
Total Permit Value
July 15, 2004
Project Name: 301618952Description: Alteration type 2 - boiler addition boilerJob Value: $3,000Status: SIGNED OFFType: A2 - alteration type 2Business Name: De La Cour & Ferrara Architects; W W AND SONS PLBG & HTG; WW& Sons plumbing& HtgApplicant: Timothy Joseph; Fees: $100Effective Date: 2004-07-15Permit Number: 301618952-01-EW-BL
December 22, 2003
Project Name: 301236286Status: issuedType: A1 - alteration type 1Business Name: MCR Restoration CorpApplicant: Timothy JosephEffective Date: 2003-12-22Permit Number: 301236286-04-EQ-FN
December 22, 2003
Project Name: 301236286Description: Alteration type 1 - construction equipment - fence moderate rehabilitation of existing apts including new plumbing and heat NGJob Value: $404,000Status: issuedType: A1 - alteration type 1Business Name: Delacour & Ferrara Architects Pc; Mcr Restoration CorpApplicant: Timothy JosephFees: $4,380Effective Date: 2003-12-22Permit Number: 301236286-01-EQ-FN
July 17, 2003
Project Name: 301236286Status: issuedType: A1 - alteration type 1Business Name: MCR Restoration CorpApplicant: Timothy JosephEffective Date: 2003-07-17Permit Number: 301236286-02-AL
July 17, 2003
Project Name: 301236286Status: issuedType: A1 - alteration type 1Business Name: MCR Restoration CorpApplicant: Timothy JosephEffective Date: 2003-07-17Permit Number: 301236286-03-EQ-FN
May 14, 2003
Project Name: 301252944Description: Alteration type 2 - sprinkler sprinkler filed in conjuction with alter 1 applciaiton 301236286Job Value: $16,000Status: SIGNED OFFType: Alteration; A2 - alteration type 2Business Name: Andrew Grzesik; Delcour Ferrara Architects PC; W W AND SONS INC; WW& Sons IncApplicant: Timothy Njoseph; Fees: $253Effective Date: 2003-05-14Permit Number: 301252944-01-EW-SP
January 8, 2003
Project Name: 301236286Status: issuedType: A1 - alteration type 1Business Name: MCR Restoration CorpApplicant: Timothy JosephEffective Date: 2003-01-08Permit Number: 301236286-02-EQ-FN
September 18, 2002
Project Name: 301236286Description: plumbing- alteration type 1 moderate rehabilitation of existing apts including new plumbingand heat NGJob Value: $404,000Status: SIGNED OFFType: Alteration; A1 - alteration type 1Business Name: Andrew Grzesik; Delacour & Ferrara Architects Pc; W W AND SONS INC; WW& Sons IncApplicant: Timothy Joseph; Fees: $4,380Effective Date: 2002-09-18Permit Number: 301236286-01-PL
June 24, 2002
Project Name: 301236286Description: Alteration type 1 - moderate rehabilitation of existing apts including new plumbing and heat NGJob Value: $404,000Status: issuedType: A1 - alteration type 1Business Name: Delacour & Ferrara Architects Pc; Mcr Restoration Corp; Stacie Scorcia & Co IncApplicant: Timothy JosephFees: $4,380Effective Date: 2002-06-24Permit Number: 301236286-01-AL
July 8, 1997
Project Name: 300630020Status: issuedType: A2 - alteration type 2Business Name: Bonafide Fuel OIL CO INCApplicant: Jerome EskowitzEffective Date: 1997-07-08Permit Number: 300630020-01-EW-FB
July 8, 1997
Project Name: 300630020Description: Alteration type 2 - fuel burning boiler/burner replacement firing #2 oil. No change in egress or occupanc is involved under this applicationStatus: PERMIT ISSUED - ENTIRE JOB/WORKType: A2 - alteration type 2Business Name: Bonafide Fuel Oil Co Inc; R.J.Chiaro AssocApplicant: Jerome Eskowitz; Fees: $100Effective Date: 1997-07-08Permit Number: 300630020-01-EW-FB-OIL
June 25, 1997
Project Name: 300630020Description: Alteration type 2 - boiler boiler/burner replacement firing #2 oil. No change in egress or occupanc is involved under this applicationStatus: issuedType: A2 - alteration type 2Business Name: Bonafide Fuel Oil Co Inc; R.J.Chiaro AssocApplicant: Jerome Eskowitz0Effective Date: 1997-06-25Permit Number: 300630020-01-EW-BL
October 7, 1991
Project Name: 300103910Description: Alteration type 2 - construction equipment - sidewalk-shed replacement of concrete in the rear and side yard. Replacement of concrete stoop. Repair of parapet wall rear and side of building. Replacement of doors and floor joists. No change in use occupancy or means of egressJob Value: $10,000Status: issuedType: A2 - alteration type 2Business Name: Moutafis Construction; Salamon Engineering GroupApplicant: Manfred B Norman0Effective Date: 1991-10-07Permit Number: 300103910-01-EQ-SH
October 7, 1991
Project Name: 300103910Description: Alteration type 2 - gen.const. Replacement of concrete in the rear and side yard. Replacement of concrete stoop. Repair of parapet wall rear and side of building. Replacement of doors and floor joists. No change in use occupancy or means of egressJob Value: $10,000Status: issuedType: A2 - alteration type 2Business Name: Moutafis Construction; Salamon Eng. GroupApplicant: Manfred B Norman0Effective Date: 1991-10-07Permit Number: 300103910-01-EW-OT
October 7, 1991
Project Name: 300103910Status: issuedType: A2 - alteration type 2Business Name: Moutafis ConstructionApplicant: Manfred NormanEffective Date: 1991-10-07Permit Number: 300103910-02-EQ-SH
October 7, 1991
Project Name: 300103910Status: issuedType: A2 - alteration type 2Business Name: Moutafis ConstructionApplicant: Manfred NormanEffective Date: 1991-10-07Permit Number: 300103910-02-EW-OT
October 1, 1991
Project Name: 300121687Description: plumbing - alteration type 2 no change in use, egress or occupancy indicated in this application. Replace domestic water piping to all plumbing. Fixtures;gas piping from ext'g meter to ext'g range;plmg fixtures in all apts onto ext'g roughing.repair or replce any stack found defective.repair minor damage to partitions, install pipesJob Value: $30,000Status: issuedType: A2 - alteration type 2Business Name: St. Marks Plumbing Co.; William Marion,P.EApplicant: Manfred B Norman0Effective Date: 1991-10-01Permit Number: 300121687-01-PL
October 1, 1991
Project Name: 300121687Description: Alteration type 2 - repair part. No change in use, egress or occupancy indicated in this application. Replace domestic water piping to all plumbing. Fixtures;gas piping from ext'g meter to ext'g range;plmg fixtures in all apts onto ext'g roughing.repair or replce any stack found defective.repair minor damage to partitions, install pipesJob Value: $30,000Status: issuedType: A2 - alteration type 2Business Name: St. Marks Plumbing Co.; William Marion,P.EApplicant: Manfred B Norman0Effective Date: 1991-10-01Permit Number: 300121687-01-EW-OT
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$16,871.32From latest Total Assessed Value4.3%Total Assessed Value$391,950=Land+
Assessed Value$6,750Additions
Assessed Value$385,200
In 2023, taxes billed for 502 Lexington Ave were $16,871.32, which is 4.30% from latest Total Assessed Value of $391,950.
Property History
502 Lexington Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 502 Lexington Ave
Hazard Risks
Wind242Carb Mono127Hurricane114Earthquake111Air Pollution108Ozone106Nat'l Avg100Weather90Lead89Particulates87Hail57Tornado40
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 502 Lexington Ave.
Walkability Index
9 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
502 Lexington Ave has a walkability score of 9 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
27°F
High
41°F
Summer
Average
Low
65°F
High
82°F
In the winter at 502 Lexington Ave, temperatures range from 27.24°F to 40.62°F with an average of 33.93°F. In the summer, the temperature ranges from 65.44°F to 82.05°F with and average of 73.75°F.
School Information
Public/private schools serving 502 Lexington Ave
Public Schools
Boys and Girls High School
Grades: 9-12
0.82 mi
D-
P.S. 25 Eubie Blake School
Grades: KG-5
0.20 mi
B+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 502 Lexington Ave have ratings undefined, and undefined.
Neighborhood
This property is located in Central Brooklyn, Brooklyn, NY 11221.
Seasonal Housing units 11221
8%of housing is for seasonal rent.
Daytime Population for 11221
-27%of people during work hours.
Boundary map of Central Brooklyn.
Crime Index for 11221
138
138
The crime index in 11221 is 138, which is 1.4 times higher than national average.
Market Trends
Historical market data near 502 Lexington Ave over selected time period.
Nearby Properties on Lexington Ave
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