The listing facts are current enough for an initial property review.
506 Avenue C
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
$1347/sqft vs a nearby median of $962/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
Asking price is about 32.9% above where comps + adjustments land — there is room to negotiate.
- 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%
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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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
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
Public Records
0 total recorded against the building
18 class C (immediately hazardous)
Tax-lot deed, mortgage, and transfer records on file
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.