The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$2,800,000
506 Avenue C
Brooklyn, NY, 11218
View more Brooklyn, NY property pages6Beds
10.5Baths
2,078Sqft
$1347$/sqft
Market Insights
Above nearby median+40%
$1347/sqft vs a nearby median of $962/sqft.
Nearby median$962/sqft
Nearby properties12
Property size2,078 sqft
- +40% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 2,078 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.87M$1.70M – $2.04M · 50% confidence
vs ask $2.80M+$931k (+33.3%)
Asking price is about 33.3% above where comps + adjustments land — there is room to negotiate.
$962/sqft median across 10 tight comps × 2,078 sqft= $2.00M
- Open Class C HPD violations−$120k −6.0%
- Pre-war character+$50k +2.5%
- Visible condition issues−$40k −2.0%
- Sparse street life−$30k −1.5%
- Transit access+$10k +0.5%
Cumulative NYC adjustments−$130k−6.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 22 days
- Last price change
- No change recorded
- Listed
- Apr 20, 2026
- Photos
- 6 photos
- Property type
- multi family
- Status
- for sale
Building Facts
- Year built
- 1925
- Stories
- 3
- Total units
- 3
- Residential units
- 3
- Building area
- 2,078 sqft
- Lot size
- 3,000 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,800,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations79 open
18 class C (immediately hazardous)
ACRIS documents16
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)30,160
Top: illegal parking
Top complaint types in ZIP 11218
- Illegal Parking7,698
- HEAT/HOT WATER3,083
- Blocked Driveway1,950
- Noise - Residential1,755
- Street Condition857
Recent HPD
- May 1, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 23, 2025Class C · HMC ADM CODE: § 27-2017.4 ABATE THE INFESTATION CONSISTING OF MICE IN THE ENTIRE APARTMENT LOCATED AT APT 2, 2nd STORY, 1st APARTMENT FROM SOUTH AT WEST
- Nov 23, 2025Class B · § 27-2045(B)(1)(A) HMC, § 12-01, § 12-03 RCNY REPAIR, REPLACE OR PROVIDE AN APPROVED AND OPERATIONAL SMOKE DETECTING DEVICE, INSTALLED IN ACCORDANCE WITH DEPARTMENT OF BUILDINGS...
- Nov 23, 2025Class B · § 27-2077, 2078 ADM CODE DISCONTINUE UNLAWFUL USE FOR SINGLE ROOM OCCUPANCY PURPOSES OCCUPIED ONE PERSON IN THE 1st ROOM FROM NORTH AT WEST LOCATED AT APT 2, 2nd STORY, 1st APAR...
Recent Transfers (ACRIS)
- Oct 27, 2022DEED$2,195,000
- Feb 27, 1981DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.