Welcome to 505 Court Street, a building located in Carroll Gardens, South Brooklyn, Brooklyn in Brooklyn, NY.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1930.
This is a relatively tall building with a total of 10 floors.
From what we gather, there are a total 124 residential units.
Finally, 505 Court Street was most recently sold on Apr 15, 2005 for $45,640,200.
According to local assessors, the total value of the building is currently valued at $9,059,843.
Specifically, the value of the land that the property sits on has been assessed at $534,601.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 161,372 square feet.
To break it down, the depth of the building was measured at 214 square feet and the front is listed as 91 square feet.
In comparison, the lot area is listed as 37,198 square feet.
The depth of the property lot was measured at 215 square feet and the front at 91 square feet.
The building itself has 134,943 square footage of total floor area.
Out of that, 134,943 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 505 Court Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Carroll Gardens area have a median price of $5,500.
Those in the 25th percentile, have a price around $4,798.
While those in the 75th percentile, have a price around $7,090.
Typically, the buildings in this area have a median sqft of 1,400.
That means that the median price per sqft is around $5.
In other words, the price per sqft for buildings in the 25th percentile is $5.
While the price per sqft for buildings in the 75th percentile is $6.
As a breakdown, we've included the following stats:
- There are currently a total of 2 studio listings.
The median price for these types of listings is $2,500.
- There are currently a total of 7 one bedroom listings.
The median price for these types of listings is $4,000.
That's $5.71 price per sqft.
- There are currently a total of 29 two bedroom listings.
The median price for these types of listings is $5,499.
That's $4.78 price per sqft.
- There are currently a total of 17 three bedroom listings.
The median price for these types of listings is $7,570.
That's $6.34 price per sqft.
- There are currently a total of 6 four bedroom listings.
The median price for these types of listings is $14,250.
That's $5.41 price per sqft.
About The Area
505 Court Street is located in 11231.
There are 36,302 people living here.
There are 15,468 households.
Most of these households have an average family size of 2.99 people.
According to the census, 72% are currently renting while 28% own their homes.
The median age of this population is around 36.2 years old.
On average, most folks in the zipcode are unmarried.
About 29% of folks speak a language other than English in this area.
The area's employment rate is currently around 66.6%.
Speaking of employment, the median income is $84,223.
Most folks will commute by public transportation for around 37.1 minutes.
Finally, we know that 14% of residents in the area have graduated with their high school degree.
Additionally, 32% and 28% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Kings County, New York has a population of 2,606,852 people.
Based on census records, there are 938,803 registered households.
Families in this area are on average made up of 3.46 people per household.
Most folks are unmarried.
They are also typically around 34.5 years old.
Does diversity matter to you? Right now, 46% of folks speak a language other than English here.
About 71% rent while 29% purchased their homes.
Right now, the community is made up of 26% of residents who have graduated with at least a high school degree.
On top of that, 21% have a Bachelor's degree and 13% have a Master's degree.
The employment rate is currently around 57.8%.
Those employed, have a median income of $50,640.
Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area.
The urban area is home to 18,812,161 people.
A total of 6,707,347 households are registered here.
With average family sizes being listed at 3.42 people.
About 25% of residents have graduated with a high school degree.
Of the rest, 22% have their Bachelor's and 16% have their Master's degree.
Folks speaking a language other than English, make up about 40% of the population.
Speaking of your commute, 59.7% of people in this area are employed.
The recorded median income is currently at $68,319 per year.
The median population age has been listed at 37.8 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$2,500
Studio Median Rent
PUBLIC TRANSIT
Smith-9 Sts
(0.21 mi - 5 min walk)
MTA New York City Transit
Carroll St
(0.38 mi - 9 min walk)
MTA New York City Transit
4 Av-9 St
(0.61 mi - 15 min walk)
MTA New York City Transit
4 Av-9 St
(0.65 mi - 16 min walk)
MTA New York City Transit
Prospect Av
(0.77 mi - 19 min walk)
MTA New York City Transit
