505 State St, Brooklyn, NY 11217
OFF MARKET

$845,400

Trulia Estimate
  • Studio

505 State St, Brooklyn, NY 11217

Downtown
Est. Refi. Payment $4,973/mo*
Refinance Your Home

Home Value

Trulia Estimate
$845K
Since last month
Increased$18K (+2.2%)
Since last year
Decreased$846K (-50%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -43% in the last 10 years
MonthEstimated value
2026
August 2026$845K
August 2026$834K
July 2026$827K
June 2026$894K
May 2026$930K
April 2026$883K
March 2026$935K
February 2026$1.21M
January 2026$1.23M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
546 Pacific St, Brooklyn, NY
0.13
Multi-Family Home
$3,750,000
09/01/26
-
-
548 Pacific St, Brooklyn, NY
0.13
Multi-Family Home
$4,400,000
12/05/25
-
2,886
110 Fort Greene Pl, Brooklyn, NY
0.13
Multi-Family Home
$4,200,000
07/23/26
-
-
40 4th Ave #4, Brooklyn, NY
0.14
Multi-Family Home
$3,050,000
05/08/26
1
1
450
43 Saint Marks Pl #1, Brooklyn, NY
0.23
Multi-Family Home
$2,275,000
06/17/26
4
1
1,100
21 Saint Marks Pl., Brooklyn, NY
0.24
Multi-Family Home
$2,400,000
10/28/25
-
-
25 Saint Felix St, Brooklyn, NY
0.25
Multi-Family Home
$2,600,000
01/02/26
-
3,000
26 Saint Felix St, Brooklyn, NY
0.25
Multi-Family Home
$3,100,000
05/18/26
4
3
2,180
137 Nevins St, Brooklyn, NY
0.26
Multi-Family Home
$2,100,000
11/05/25
4
4.5
3,015
416 State St, Brooklyn, NY
0.27
Multi-Family Home
$3,765,000
04/10/26
8
4.5
4,025

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
540 State St, Brooklyn, NY 11217
0.02
$3,995,000
5
3
-
For Sale
556 State St #6CS, Brooklyn, NY 11217
0.02
$1,261,800
2
2
975
Off Market
556 State St #3, Brooklyn, NY 11217
0.02
$1,481,100
2
2
1,062
Off Market
556 State St #4A-S, Brooklyn, NY 11217
0.02
$1,174,300
2
2
975
Off Market
556 State St #3CN, Brooklyn, NY 11217
0.02
$1,235,000
2
2
975
Recently Sold
556 State St #8A-S, Brooklyn, NY 11217
0.02
$1,340,000
2
2
988
Recently Sold
556 State St #4ES, Brooklyn, NY 11217
0.02
$1,285,100
2
2
1,010
Off Market
556 State St #6ES, Brooklyn, NY 11217
0.02
$1,249,000
2
2
1,010
Recently Sold
556 State St #7DS, Brooklyn, NY 11217
0.02
$1,331,300
2
2
1,010
Off Market
556 State St #5ES, Brooklyn, NY 11217
0.02
$1,240,000
2
2
1,010
Recently Sold
556 State St #8BN, Brooklyn, NY 11217
0.02
$1,271,900
2
2
975
Off Market
556 State St #4CS, Brooklyn, NY 11217
0.02
$1,369,500
2
2
-
Off Market

Local Information

  • Map ViewExplore the area around 505 State St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family

About this House

This multi-family home is located at 505 State St, Brooklyn, NY. 505 State St is in the Downtown neighborhood in Brooklyn, NY and in ZIP code 11217.
505 State St, Brooklyn, NY 11217 is a studio multi-family in Downtown. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $845,400, with a rent estimate of $3,867/month.

Home Details for 505 State St

Property Information

Property Type / Style
Property Type: Multi Family

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 643 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 94 % Say there are sidewalks

  • 93 % Say it's walkable to grocery stores

  • 92 % Say it's walkable to restaurants

  • 82 % Say streets are well-lit

  • 81 % Say people would walk alone at night

  • 67 % Say kids play outside

  • 63 % Say there's holiday spirit

  • 57 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 46 % Say there are community events

  • 42 % Say it's quiet

  • 30 % Say yards are well-kept

  • 28 % Say parking is easy

  • 19 % Say car is needed

  • 17 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I lived in this area for three years. It's super close to Fort Greene Park, which has a great dog park. You can walk your dogs there off-leash before 9:00 a.m. and after 6:00 p.m., and there are normally 30 to 40 dogs every day. It's a great place if you're a pet owner. "
    0
    Flag
  • James Taylor
    "What dog owners like about New York like about living in New York is that there are a lot of parts they can walk their dogs "
    0
    Flag
  • 8snkhnryvb
    "Bad public schools, High School street violence. Dirty parks. ………………………… lots of police on the streets"
    5
    Flag
  • Paris Murasso
    "Beautiful and leafy area. Perfect for family's and honestly anyone. Many forms of transportation here "
    1
    Flag
  • Trulia User
    "elections, parks, schools, offices, laundromats, grocery store, supermarket, pharmacy, liquor stores,taxi services, buses, trains, benches, trees, clean sidewalk, "
    1
    Flag
  • Trulia User
    "I visit 1-2 times per week to go here from the upper east side. takes 45min to an hour. Takes 30 min or so to get to midtown."
    1
    Flag
  • Trulia User
    "Great for families. Good schools. Beautiful, amazing, best in class park. Living here can feel a bit like being in a bubble. But if you make an effort, the rest of nyc and all its diversity are right outside your door. "
    1
    Flag
  • Trulia User
    "Well situated near the public transit hub of Atlantic Terminal, this family-friendly neighborhood in Brooklyn is both cultural and communal. "
    0
    Flag
  • Rebeca M.
    "I Take the subway to midtown. Many lines are available it’s fast and easy. There are also many bus options nearby "
    3
    Flag
  • Vikrant.pradhan
    "I am not a parent myself but I see families with children enjoy the parks and playgrounds in the area. I would say downtown is family friendly."
    0
    Flag
  • Lara [. K.
    "Good easy convenient options - can get anywhere pretty much quickly. Many trains but super crowded. "
    0
    Flag
  • Tory
    "This is a racially diverse community but very economically exclusive. Wealth is necessary and required to sustain a livelihood, if you’re looking for comfort expect to pay for it. On the other hand, the views are beautiful and the neighborhood is well manicured and quiet for the most part. Most of the commotion comes from visitors, tourists, and acting action. Another frequent sound is that of traffic, depending on your location you might catch an earful. If you’re a foodie then you’re in luck! There is plenty to explore that’s culturally diverse and ranges in price. Great for a date or quick bite. "
    18
    Flag
  • Christopher M.
    "Fort Greene park is amazing. The grass is well maintained, there are two playgrounds, beautiful flowers and tennis courts. Even on weekends it doesn't feel overcrowded. "
    0
    Flag
  • Sambrol
    "Lots of people out walking dogs at all times. People are generally courteous and give a wide berth, which is nice to see. One downside is that you will be buying your own poop bags. Not many stations with bags, though I think there are some near the waterfront."
    1
    Flag
  • Adriennezetlin
    "Lots of families and a beloved Trader Joe’s for unique and affordable groceries. Lovely Cobble Hill Park and then the amazing Brooklyn Bridge Park are just a few reasons why families fit in just fine here!"
    0
    Flag
  • Chad B.
    "It’s a great mix on retail plenty of transit options with easy access to Manhattan. There are great events at city point."
    0
    Flag
  • K.hatzes
    "Nothing. The best part is that it’s still evolving, great subway and bus access, lots of new businesses"
    3
    Flag
  • Natalie M.
    "Easiest commute ever. Almost every train is within a 5-15 min walk! The A/C/R/Q/2/3/F/B/4/5 are within that distance "
    0
    Flag
  • Heidi C.
    "No parks . During the winter you rely on the children’s playroom if you live in one of the high-rise buildings. "
    0
    Flag
  • Erinn.a.morrison
    "There’s access to pretty much every major train line, commutes are super easy, especially to downtown Manhattan. "
    1
    Flag
  • Martyn B.
    "It’s very, loud. People have a lot to say. Fulton mall can be very busy. All the transit which is great"
    0
    Flag
  • Amberlaniecewoods
    "Fort Greene Farmer’s Market and composting; dog friendly; nearby Trader Joe’s, Target, Dekalb Market"
    0
    Flag
  • Angeline D.
    "I’be lived in this neighborhood for over 22 years. I love it, but it’s getting so crowded now because of overdevelopment. It’s still so “neighborhoody” still..."
    2
    Flag
  • Didi11201
    "Easy commute. A 10 minute ride to the city. I have all lines, red, yellow, orange, green and blue just a few blocks away. Some closer than others. Also have LIRR, 5 minutes away. "
    1
    Flag
  • Steph M.
    "I don't go out much but there are always fliers talking about programs and events that are upcoming. "
    1
    Flag
  • Didi11201
    "Excellent Commute. We are near all public transit lines. If you have car, we have brooklyn bridge, manhattan bridge and BQE"
    0
    Flag
  • Matt
    "The neighborhood is very convenient to most train lines that run across NYC. That gets you to most commuting hot spots in 20-25 minutes, since you can find a subway that goes straight there "
    0
    Flag
  • Matt
    "There are a ton of dogs in the area, but no dog park for them to play around. Owners struggle to find space in Cadman Plaza or Fort Greene park, but those areas have to be “off hours” which are inconvenient for folks with office jobs."
    0
    Flag
  • P
    "Young families, dog lovers, laid back, lots of access to the arts; easy access the shopping; kid friendly activities "
    0
    Flag
  • Michael
    "It’s a great downtown but also a residential. Great for cats, dogs, and kids. Lots of places to shop."
    2
    Flag
  • Edgar Zaldivar
    "I’ve lived in the neighborhood for four years and I love it more everyday. It’s centraly located within walking distance to all the Brooklyn brownstone neighborhoods. It offers the best subway access in the city with 10 lines. It’s diverse and you have everything you need within walking distance. The shopping and dining options get better everyday."
    1
    Flag
  • F g.
    "city point is a good place to shop and eat. Subway transportation makes for easy accessibility to the area. Walkable to brooklyn promenade and brooklyn bridge. "
    0
    Flag
  • kranack
    "Lots of places to walk a dog but no real parks nearby. Hopefully dog owners will clean up poop. Lots of dog owners around. "
    0
    Flag
  • Caitlin W.
    "Great location, lots of shopping, restaurants, and transportation options. It’s also culturally diverse with a good mix of families and singles!"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 505 State St

  • What is 505 State St estimated to be worth?
    Trulia's estimated value for 505 State St in Brooklyn, NY is $845,400.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $818K. That is up $21.67K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Brooklyn, NY as dog-friendly, pedestrian-friendly, and walkable to grocery stores. See recently sold homes in Downtown, Brooklyn.

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