502 FlatbushBrooklyn, NY 11225

Property Details for 502 Flatbush

Year built

1925

Lot size

0.06 AC

Property size (Sq ft)

2,600 SF

Zone code

R7-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

05024-0050

APU

50240050

• CAP approach

  CAP return

  Valuation

  6%

  $533,024

  6.5%

  $492,022

  7%

  $456,877

• Comparable approach

  Method

  Valuation

  Relative Method

  $526,560

  Geo Method

  $526,560

• Alternative Use

  Use

  Valuation

  Residential

  $492,022

  Hospitality

  $450,689

  Educational

  $374,968

  Medical

  $387,864

  Retail

  $583,284

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6618

Longitude

-73.9619

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $50,400
• Assessed land value
  $107,100
• Assessed value
  $157,500
• Tax year
  2024
• Tax bill
  $16,682

FAQs

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