When was 501 Chestnut Street built?

501 Chestnut Street was built in 1899 and altered in 2019, according to the city's lot file.

How many units does 501 Chestnut Street have?

501 Chestnut Street has 1 unit across 2 stories.

When did 501 Chestnut Street last sell?

It last sold on 08/28/2020 for $649,000, according to the city's recorded sales.

What is 501 Chestnut Street worth?

The city's 2027 market value for 501 Chestnut Street is $1,050,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.

Who owns 501 Chestnut Street?

Create a free Hercules account to see the owner of record for 501 Chestnut Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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501 Chestnut Street, Brooklyn, NY 11208

One family dwelling (A9) · BBL 3042310006

1,872 sq ft1 res units2 storiesBuilt 1899

501 Chestnut Street, Brooklyn, NY 11208 is a 2-story one-family home, built in 1899, with 1 residential unit, on a 1,587 sq ft lot. The city's 2027 market value is $1,050,000.

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Summary

501 Chestnut Street, Brooklyn, NY 11208 is a 2-story one-family home, built in 1899, with 1 residential unit, on a 1,587 sq ft lot. The city's 2027 market value is $1,050,000. It last sold on 08/28/2020 for $649,000.

History

Dated from the city's lot file, valuation roll and recorded sales. Deeds, mortgages, permits and violations are in the full report.

2027City market value set at $1,050,000
08/28/2020Sold for $649,000
2019Building altered
1899Building completed

Property

Address: 501 Chestnut Street
Borough: Brooklyn
Zip code: 11208
Block & lot: 04231-0006
BBL: 3042310006
Condo number: —
Community district: 305
School district: 19
Council district: 42
Historic district: —
Owner: Sign up free to see the owner

Building

Property type: One family dwelling (A9)
Square feet: 1,872 sq ft
Building dimensions: Locked. Included in the full report.
Stories: 2
Year built: 1899
Year altered: 2019
Residential units: 1
Total units: 1
Buildings on lot: 1

Lot and zoning

Lot sq ft: 1,587
Lot dimensions: 20 ft x 79 ft
Zoning: Locked. Included in the full report.
FAR: Locked. Included in the full report.
Buildable area: Locked. Included in the full report.

Value, sale and loans

Market value and tax year come from the NYC Department of Finance property valuation roll; it is the city's assessment estimate, not a sale price or appraisal. Sales come from the city's recorded sales files.

Market value: $1,050,000
Tax year: 2027
Last sale date: 08/28/2020
Last sale price: $649,000
Tax amount: Locked. Included in the full report.
Loan amount: Locked. Included in the full report.

Sources and freshness

Property and building facts

NYC Department of City Planning's PLUTO lot file supplies building characteristics, lot dimensions and district information.

City market value and tax year

NYC Department of Finance's property valuation roll supplies the city's market value estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

NYC Department of Finance's rolling and annualized sales files supply the recorded sale date and price shown here.

Latest recorded sale date: 08/28/2020

Source refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed the sources.

Product facts and data sources · Market value, assessed value and sale price explained

In the full report

Unlock once to open every section for this property.

Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
Owner & contactsOwner of record, deed owners, mailing address, HPD officers and managing agent, permit applicants.
Sales historyEvery priced sale on the lot, with unit and building class at the time of sale.
FinancialsOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
TaxAnnual tax bill, tax class and assessment history by roll year.
PermitsDOB and DOB NOW filings, job types, status and estimated cost.
DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
ViolationsOpen and closed HPD, DOB and ECB violations with balances due.

Questions

When was 501 Chestnut Street built?: 501 Chestnut Street was built in 1899 and altered in 2019, according to the city's lot file.
How many units does 501 Chestnut Street have?: 501 Chestnut Street has 1 unit across 2 stories.
When did 501 Chestnut Street last sell?: It last sold on 08/28/2020 for $649,000, according to the city's recorded sales.
What is 501 Chestnut Street worth?: The city's 2027 market value for 501 Chestnut Street is $1,050,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.
Who owns 501 Chestnut Street?: Create a free Hercules account to see the owner of record for 501 Chestnut Street. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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Owners, officers and mailing address
Pre-foreclosure case: plaintiff, filing date and court status
Mortgages and lenders, open or paid off
Tax bill and assessment history
Zoning, FAR and unused air rights
Permits and permit contacts
Housing and building code violations
Full sales history

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