NOT LISTED FOR SALE

502 Grant Ave Brooklyn, NY 11208

East New York Neighborhood

Estimated Value: $981,000 - $1,079,000

9 Beds
3 Baths
-- Sq Ft
1900 Built

Sale Details

Date Sold: March 4, 2025

Last sale price $999,000 $0 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,138 / mo

42 Days on Market

Highlights

  • No HOA
  • No Heating
  • 3-minute walk to Grant Avenue

About This Home

As of March 2025

Welcome to 502 Grant Avenue, a well-maintained two-family home in City Line, Brooklyn with the unique potential for legal conversion into a three-family property.

Built in 1901, this three-floor/two-story residence offers spacious, flexible living arrangements with 3 kitchens, 3 baths, and 9 bedrooms (a kitchen, a bathroom, and multiple bedrooms on every floor).

Set on a charming lot with a generously sized partially shaded backyard, this property provides a rare combination of historic charm and modern versatility, ideal for homeowners or investors looking to customize or expand ones portfolio in one of Brooklyns vibrant neighborhoods.

Last Agent to Sell the Property

Vilius Zagorskis

Home By Choice LLC License #10401384790 Listed on: 10/30/2024

Last Buyer's Agent

Vilius Zagorskis

Home By Choice LLC License #10401384790 Listed on: 10/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,952

Year Built

  • Built in 1900

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Property Available on 5/28/25

Community Details

Overview

  • No Home Owners Association
  • Ozone Park Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,952

Year Built

Built in 1900

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Ozone Park
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 9

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None
  • Heating: None
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: na

Building Info

  • New Construction: No
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-05-28

Tax Info

  • Tax Block: 00000
  • Tax Lot: 0000
  • Tax Annual: 5952.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
Seller's Agent
Vilius Zagorskis
Home By Choice LLC
Buyer's Agent
Vilius Zagorskis
Home By Choice LLC
List Price
$999,000
Sold Price
$999,000
Views
37
Current Estimated Value
$1,036,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,429
Avg. Annual Appreciation
2.94%
Original Mortgage
$599,400
Outstanding Balance
$592,186
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,243

Purchase Details

Closed on
Jan 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,918
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$999,000 --
$999,000 --
-- --
-- --
-- --
-- --
-- --
$135,000 --
$135,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $599,400
Closed $599,400
Previous Owner $252,000
Previous Owner $134,918
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $999,000 0.0% --
12/11/2024 12/11/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $999,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,610 $66,360 $14,820 $51,540
2025 $6,236 $53,700 $14,820 $38,880
2024 $6,236 $60,180 $14,820 $45,360
2023 $5,949 $62,160 $14,820 $47,340
2022 $5,682 $50,280 $14,820 $35,460
2021 $5,990 $46,440 $14,820 $31,620
2020 $2,869 $40,920 $14,820 $26,100
2019 $5,412 $41,520 $14,820 $26,700
2018 $4,976 $24,408 $10,651 $13,757
2017 $4,835 $23,720 $9,404 $14,316
2016 $4,742 $23,720 $10,790 $12,930
2015 $2,699 $22,853 $14,664 $8,189
2014 $2,699 $21,560 $16,229 $5,331
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2025

    Vilius Zagorskis

    Home By Choice LLC

    (212) 982-3600

    1 in this area

    5 Total Sales

    Vilius Zagorskis
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11018791

Real Estate Board of New York (REBNY)

APN: 04203-0026

New York Kings County Brooklyn 11208 East New York

502 Grant Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.