New York City  »  11221  »  Central Ave  »  488 Central Ave

488 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 488 Central Ave

Property image for 488 Central Avenue, Brooklyn, NY 11221
static Mapbox map

Property type

Three Families (C0)

Year built

2003

Lot sq. ft.

2,117

Sale price

$1,650,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
488 Central Avenue
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03375-0138

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
3,015
Building dimensions
21.17 ft x 47.46 ft
Buildings on lot
1
Stories
2
Year built
2003
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Sales
Sale date
02/13/2025
Sale price
$1,650,000
Tax
Tax year
2026-2027
Property tax
$9,512
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Central Avenue (narrow)
Nearest wide street
Bushwick Avenue
Distance to wide street
Lot dimensions
21.17 ft x 100 ft
Lot sq. ft.
2,117

Area overview

Walk score
82 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.44 Miles
Closest fire station
0.31 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 488 Central Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 488 Central Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
02/13/2025 $1,650,000 XXXXXXX, XXXX XXXXXXX XXXXXXXX, XXXXXXXX
07/01/2005 $411,878 XXXXXXXX, XXXXXXXX XXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/22/2025 - R
03/19/2025 - D		 Partial Release of Mortgage
(2025032400440001)		 XXX XXXX XX XXX XXXX XXXXXXXXXX XXX XXX XXXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXXXXX
03/03/2025 - R
02/13/2025 - D		 Mortgage
(2025022700315002)		 XXXXXXX XXXX XXXXXXX XXXX
03/03/2025 - R
02/13/2025 - D		 Deed
(2025022700315001)		 XXXXXXXX XXXXXXXX XXXXXXX XXXX XXXXXXX
08/01/2022 - R
07/26/2022 - D		 Satisfaction of Mortgage
(2022072800274001)		 XXXXXXXX XXXXXXXX XXXX XX XXX XXXX
11/14/2019 - R
11/06/2019 - D		 Satisfaction of Mortgage
(2019111200072001)		 XXXXXXXX XXXXXXXX XXXXXXXX XXXXX XXXX X X
08/03/2005 - R
07/01/2005 - D		 Release
(2005070602542006)		 XXX XXXX XX XXX XXXX
08/03/2005 - R
07/01/2005 - D		 Partial Release of Mortgage
(2005070602542005)		 XXX XXXX XX XXX XXXX
08/03/2005 - R
07/01/2005 - D		 Partial Release of Mortgage
(2005070602542004)		 XXX XXXX XX XXX XXXX
08/03/2005 - R
07/01/2005 - D		 Mortgage
(2005070602542003)		 XXXXXXXX XXXXXXXX XXX XXXX XX XXX XXXX
08/03/2005 - R
07/01/2005 - D		 Mortgage
(2005070602542002)		 XXXXXXXX XXXXXXXX XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 Central Avenue, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$9,512
Municipal exemptions
Recent tax assessments
Market value
$1,149,000
Assessed value
$68,940

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $1,221,000 $73,260 $45,224 19.843% $8,974 $8,974 +1.81%
2024/25 $1,230,000 $73,800 $43,884 20.085% $9,083 $8,814 +2.03%
2023/24 $1,367,000 $82,020 $43,010 20.085% $8,920 $8,639 +13.64%
2022/23 $1,277,000 $76,620 $37,431 20.309% $8,599 $7,602 +18.56%
2021/22 $1,179,000 $70,740 $32,117 19.963% $7,975 $6,412 +13.13%
2020/21 $1,360,000 $81,600 $26,933 21.045% $7,931 $5,668 +11.68%
2019/20 $1,287,000 $77,220 $23,977 21.167% $7,977 $5,075 +13.81%
2018/19 $1,022,000 $61,320 $21,317 20.919% $7,742 $4,459 +24.31%
2017/18 $1,009,000 $60,540 $17,597 20.385% $7,193 $3,587 +22.89%
2016/17 $892,000 $53,520 $14,602 19.991% $6,655 $2,919 +23.71%
Permits

Permit information for 488 Central Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/16/2002 New building
09/18/1998 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
05/08/2026 A
06/13/2025 A
04/17/2024 A

*Most recent HPD violations on record for this property.

Neighborhood

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Weirfield St & Broadway at NE Corner
Station lines
J
Distance (miles)
0.401
View subway map

Access the detailed traffic volume map for 488 Central Avenue, Brooklyn, NY 11221 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.17
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.17
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.15
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.15
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.15
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.19
P.S. 299 Thomas Warren Field School 3 No Public PK, K-5 197 0.19
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.27
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.27
Bushwick Ascend Charter School 7 No Charter K-8 799 0.31
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.28
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.15
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.27
Evergreen Middle School-Urban Exploration 4 No Public 6-8 342 0.28
Bushwick Ascend Charter School 7 No Charter K-8 799 0.31
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.41
All City Leadership Secondary School 8 No Public 6-12 421 0.42
Achievement First Bushwick Charter School 7 No Charter K-8 938 0.50
Jhs 383 Philippa Schuyler 7 No Public 5-8 822 0.50
P.S. Is 384 Frances E Carter 3 No Public PK, K-8 346 0.51
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Bushwick Community High School 2 No Public 9-12 86 0.28
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.28
Academy for Environmental Leadership 2 No Public 9-12 275 0.37
Bushwick School for Social Justice 2 No Public 9-12 272 0.37
Academy Of Urban Planning 5 No Public 9-12 403 0.37
Brooklyn School For Math And Research NR No Public 9-12 333 0.37
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.41
All City Leadership Secondary School 8 No Public 6-12 421 0.42
Excellence Girls Charter School 5 No Charter K-12 1,050 0.58
Charles Churn Christian Academy NR No Private PK, K-12 0 0.61

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 488 Central Avenue, Brooklyn, NY

455 Central Ave, Brooklyn 453 Central Ave, Brooklyn 163 Cornelia St, Brooklyn 463 Central Ave, Brooklyn 457 Central Ave, Brooklyn 478 Central Ave, Brooklyn 461 Central Ave, Brooklyn 451 Central Ave, Brooklyn 449 Central Ave, Brooklyn 484 Central Ave, Brooklyn 480 Central Ave, Brooklyn 11 Menahan St, Brooklyn 913 Bushwick Ave, Brooklyn 490 Central Ave, Brooklyn 486 Central Ave, Brooklyn 482 Central Ave, Brooklyn 1332 Gates Ave, Brooklyn 459 Central Ave, Brooklyn 1338 Gates Ave, Brooklyn 1334 Gates Ave, Brooklyn

Nearby ZIP codes for 488 Central Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 488 Central Avenue, Brooklyn, NY 11221?

The development at 488 Central Avenue, Brooklyn, NY 11221 was built in 2003.

What is the total square footage of 488 Central Avenue, Brooklyn, NY 11221?

488 Central Avenue, Brooklyn, NY 11221 has a total of 3,015 square feet.

When was 488 Central Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

488 Central Avenue, Brooklyn, NY 11221 was last sold on 02/13/2025 for $1,650,000.

What is the assessed value of 488 Central Avenue, Brooklyn, NY 11221?

488 Central Avenue, Brooklyn, NY 11221 is currently assessed at $68,940.

What are the property taxes for 488 Central Avenue, Brooklyn, NY 11221?

The property taxes for 488 Central Avenue, Brooklyn, NY 11221 total $9,511.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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