507 Myrtle Avenue, Brooklyn
Four-family with store · built 1948 · Block 1892, Lot 75.
Building permits
- Alteration, filed Sep 3, 2026, estimated cost $25K, described as “Withdrawal job application no. 320717729; proposed interior renovation @ partial 1ST floor & roof.work includes:installation of new kitchen hood @ 1ST floor,exhaust fan @ roof and associated exteriorductwork at the rear facade.”
- Alteration, filed Jan 16, 2026, estimated cost $11K, described as “Plumbing work change three kitchen equipments electrical to gasof existing restaurant as per plan filed herewith. No change ofuse, egress or certificate of occupancy.”
- Alteration, filed Sep 4, 2024, estimated cost $12K, described as “Installation of four new outdoor condensers with 16 indoor units for tenant use. No change to use, egress or occupancy.”
- Alteration, filed Jun 6, 2018, estimated cost $2K, described as “Install illuminated sign on wall (soco lounge)”
Property taxes
- Assessment
- $604,350
- 2026–27 tax
- $18,815
- Market value (city estimate)
- $1,343,000
- Taxable value
- $151,255
- Assessed land
- $4,950
- Assessed improvements
- $599,400
Zoning
R7A: floor area ratio 1.49 built, 4.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 4, 2025: $4,250,000
- Jan 13, 2016: $3,200,000
Open-market sales since 2016, from the Department of Finance’s sales files.