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487 Lexington Avenue, Brooklyn, NY 11221

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487 Lexington Avenue, Brooklyn, NY 11221

Property photo for 487 Lexington Avenue, Brooklyn, NY 11221
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Property Overview

Primary address 487 Lexington Ave
Zip code 11221
Borough Brooklyn
Block & lot 01800-0049
Lot dimensions
Lot sq. ft. 2,000 ?
Buildings on lot 1
Building class Two Family Converted from One Family (B3)
Year built 1899
Building Sq. Ft.
Zoning

Ownership Information

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Who owns this property?
Owner Name  
Owner Address  
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Get in touch with building contacts:
Building Management  
Representatives (from permits)  
Tenants  
Registered Voters  
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Other Critical Property Data

Neighborhood name Bedford-Stuyvesant
School district number 16
Residential units 2
Max Floor Area Ratio
Available air rights
Closest police station 0.08 Miles -
Closest fire station 0.34 Miles -
Certificate of occupancy

Sales & Property History

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Last Sale Date 7/8/2013
Last Sale Price

Property Value

The property value listed here is the result of an automated valuation. This PropertyShark feature pulls comparable properties based on the criteria listed below and can be a starting point for your home valuation, however, we recommend you don't rely solely on this value.

Estimated Property Value $1,517,400 $562 / sqft

How did we estimate this property's value?

Criteria used to determine the value of the property:
  • sold within a 0.5-mile radius
  • in the Northern Brooklyn area
  • sold within the past 18 months
  • property class similar to 'Two Family Converted from One Family'
  • sale price over $25,000
  • similarly sized properties (±15%)

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  1. Request a home valuation from a local real estate agent.
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Permits

Assess the condition of a property with access to the history of permits filed, including new construction or demolition permits, plus any work pertaining to plumbing, heating, sprinkler systems, and more! Data goes back to 1990.

Pre filing date Job no Doc no Job type Job status
1999-05-21
         
         
         
         
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Property Taxes

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Tax year 2015/2016
Current tax bill $1,588.37
Projected tax bill $1,594.24
Current assessed value $8,123
Current value $558,000

Assessment History

Year Use code Market value Assessed value Taxable Tax rate% Base tax Property tax
2013/14 B3 $489,000 $9,055 $9,055 19.191% $1,737 $1,529
2012/13 B3 $482,000 $8,557 $8,557 18.569% $1,588 $1,588
2011/12 B3 $407,000 $8,086 $8,086 18.205% $1,472 $1,472
2010/11 B3 $507,000 $8,086 $8,086 17.364% $1,404 $1,404
2009/10 B3 $520,000 $7,982 $7,982 17.088% $1,363 $1,363
2008/09 B3 $470,000 $7,546 $7,546 16.196% $1,222 $1,222

Title Documents

Quickly perform a preliminary title search on your own. Records go back to 1966 and include the complete history of deeds, mortgages, assignments of leases and rents, and more! Plus, scanned images of document images are one-click away.

Document Date Type Amount Party1 name Party2 name Link To Doc
10/15/2015
3/25/2015
3/25/2015
2/4/2015
7/8/2013
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Map

Neighbors

Address Property class Square feet Sale date Sale price
485 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,700 6/28/2012
483 Lexington Ave, Brooklyn, NY Three Families(C0) 2,565 n/a
481 Lexington Ave, Brooklyn, NY City Residence One Family(A4) 1,395 2/11/2014
481 A Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 1,395 4/7/2014
479 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,655 5/7/2004
477 Lexington Ave, Brooklyn, NY Five to Six Families(C2) 4,620 5/28/2004
475 Lexington Ave, Brooklyn, NY Miscellaneous Two Family(B9) 1,680 5/17/1995
475 Lexington Ave, Brooklyn, NY Three Families(C0) 1,560 4/2/1987
473 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 3/4/2006
471 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 3/15/2016
469 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 6/16/1993
469 A Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 10/28/2015
505-509 Lexington Ave, Brooklyn, NY Miscellaneous Warehouse(E9) 6,540 4/15/1986
467 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 1/29/1980
465 Lexington Ave, Brooklyn, NY Two Family Converted from One Family(B3) 2,400 6/26/2006

Demographics By Zip Code


Profile of Zip Code
Pop 2000 76363
Female pop 41217 (54.0%)
Male pop 35146 (46.0%)
Households 28855 (87.9% occupied)
Home owners 5312 (18.4%)
Renters 20063 (69.5%)
Misc density pop 999.99
Misc density area 1.39
House average household 2.9

Age Distribution
Household Type
Age Distribution
9.1
23.9
11.1
29.5
18.2
8.2
Under 5 5 to 17 18 to 24 25 to 44 45 to 64 65 and older
Household Type
40
26.1
14
35.8
22.7
31.3
26.7
Families
w/Children
Married
Families
Married
w/Children
Female
Household
Female
w/Children
Non-Family Single
Household


Note: totals often exceed 100% for household type because respondents may choose multiple categories.

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