RealtyLens
for saleRealtyLens property overview
$2,800,000

506 Avenue C

Brooklyn, NY, 11218
View more Brooklyn, NY property pages
2Beds
4.5Baths
2,078Sqft
$1347$/sqft

Listing Notes

Welcome to this three family home with three spacious apartments, offering two bedrooms that each provide comfort and versatility located on a block and desirable Kennington moments from local shops, restaurants and convenient transportation options. Dont miss this opportunity to own an income property and one of the most sought after neighborhoods !

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$1.88M$1.71M$2.05M · 50% confidence
vs ask $2.80M+$921k (+32.9%)

Asking price is about 32.9% 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%
  • Sparse street life−$30k −1.5%
  • Visible condition issues−$30k −1.5%
  • Transit access+$10k +0.5%
Cumulative NYC adjustments−$120k−6.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+40% vs nearby

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 MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

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

Features & Amenities

CarportCentral AirHardwood FloorsTwo Or More StoriesShopping

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.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.