NYC property data › Brooklyn › Borough Park & Kensington › 502 Avenue M

502 Avenue M

Borough Park & Kensington, Brooklyn · Mixed residential & commercial · BBL 3065680001

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4Units (3 residential)
3Floors
4,800Building sq ft
2,032Lot sq ft
1925Year built
R6AZoning
2.36 of 3.00Built FAR
2018Last sale
3DOB permits
0Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2018-06-20Deednot recorded
2018-03-13Deed$1,700,000
2005-03-07Deed$750,500
1997-12-15Deednot recorded
1997-03-19Deednot recorded
1988-02-29Deednot recorded
1987-07-13Deednot recorded
1984-07-02Deednot recorded
1973-02-06Deednot recorded
1969-11-13Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Recent DOB permits

IssuedTypeWork
2023-11-27Renewal Permit Without ChangesPlumbing
2023-06-07Initial PermitPlumbing
2023-05-24Initial PermitGeneral Construction

Source: DOB NOW approved permits, which covers 2017 onward. 3 permits on file for this lot.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Brooklyn since 2021, from public ACRIS filings.

  1. Emigrant Funding Corporation — 91 loans, typically $301K–$861K
  2. Velocity Commercial Capital, LLC — 85 loans, typically $413K–$875K
  3. Habib American Bank — 67 loans, typically $380K–$1M
  4. Connectone Bank — 72 loans, typically $310K–$900K
  5. Modern Bank, N.a. — 31 loans, typically $208K–$1M
Match this deal to 399 lenders

Other lots on this block

Recent sales in Borough Park & Kensington

Borough Park & Kensington commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 3065680001 · data refreshed 2026-08-14

Development & air rights

79% Utilization — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.