505 Midwood Street, Brooklyn, New York, NY 11225


Address: 505 Midwood Street, Brooklyn, New York, NY 11225
Owner: 501 MIDWOOD CORP

505 Midwood Street, Brooklyn, New York, NY 11225 (Parcel #3047980059) is a property assessed by City of New York, Department of Finance (DOF). The owner is 501 MIDWOOD CORP. The assessed value is 121488.

Property Overview

Borough-Block-Lot-Easement (BBLE) 3047980059
Borough: 3 (Brooklyn), Block: 4798, Lot: 59
Property Address 505 Midwood Street
Brooklyn
New York, NY 11225
Owner 501 MIDWOOD CORP
Building Class C3 (FOUR FAMILIES)
Property Tax Class 2A (APARTMENTS WITH 4-6 UNITS)
Lot Width 40
Number of Stories 2
Assessment Year 2017/18
Estimated Market Value 364000
Actual Assessed Total Value 121488
(33% of estimated market value)
Building Width 40
Building Depth 56
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 54000 54000 331000 364000
Actual Assessed Value 18609 18023 18023 114069 121488 121488
Actual Exempt Value 0 0 0 0 0 0
Transitional Assessed Value 18609 18023 18023 114069 121488 121488
Transitional Exempt Value 0 0 0 0 0 0
Estimated market value changed on 10/18/2016. Tentative assessed value changed on 10/18/2016. Final assessed value changed on 10/18/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 945000 0.00% 75229 41396
2010/11 973000 2.96% 81247 44757
2011/12 787000 -19.12% 87746 59761
2012/13 211000 -73.19% 93453 23917
2013/14 235000 11.37% 95542 21954
2014/15 235000 0.00% 97797 22472
2015/16 282000 20.00% 105620 20225
2016/17 331000 17.38% 114069 18609
2017/18 364000 9.97% 121488 18023

Property Location

Borough-Block-Lot-Easement (BBLE) 3047980059
Borough: 3 (Brooklyn), Block: 4798, Lot: 59
Property Address 505 Midwood Street
Brooklyn
New York, NY 11225
Borough Brooklyn
Zip Code 11225

Owner Overview

Owner 501 MIDWOOD CORP

Competitor

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Zip Code 11225

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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