New York City  »  11217  »  Baltic St  »  489 Baltic St

489 Baltic Street, Brooklyn, NY 11217 - Property report

Also known as: 483-489 Baltic St

Property image for 489 Baltic Street, Brooklyn, NY 11217
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Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2016

Lot sq. ft.

5,000

Sale price

$8,125,000

General information

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Address
Primary address
489 Baltic Street
Alternate address(es)
483-489 Baltic St
487-489 Baltic St
ZIP code
11217
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
00399-0045

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
14,184
Building dimensions
50 ft x 60 ft
Buildings on lot
1
Stories
4
Year built
2016
Building material
Sales
Sale date
05/01/2025
Sale price
$8,125,000
Tax
Tax year
2026-2027
Property tax
$76,033
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.59 Miles
Closest fire station
0.33 Miles

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

Ownership information for 489 Baltic Street, Brooklyn, NY

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

Sales history for 489 Baltic Street, Brooklyn, NY 11217

Sale date Sale price Buyer name Seller name
05/01/2025 $8,125,000 XX XXXXXX XXXXXX, XXX XXX XXXXX XXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
02/04/2015 $1,600,000 XXXXXX XXXXXXXXXXX XXX XXXXXXXX, XXXXXXXX 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
07/16/2025 - R UCC3 Termination
(2025071500037001)
XXX XXXXX XXXXXX XXX XXX XXXXX XXXXXX XXX
07/21/2025 - R
07/08/2025 - D
Termination of Assign of L&R
(2025071500031002)
XXXXXX XXXXXXXXXXX XXX XXXXXX XXXXXXXXXXX XXX
07/21/2025 - R
07/08/2025 - D
Satisfaction of Mortgage
(2025071500031001)
XXXXXX XXXXXXXX XXX XXXXX XXXX XX XXXXX
05/06/2025 - R
05/01/2025 - D
Deed
(2025050500599001)
XXX XXXXX XXXXXX XXX XX XXXXXX XXXXXX XXX
02/27/2024 - R Initial UCC1
(2024022700239006)
XXX XXXXX XXXXXX XXX XXXXX XXXX XX XXXXX
02/27/2024 - R UCC3 Termination
(2024022700239003)
XXXXXX XXXXXXXXXXX XXX XXXXX XXXX XX XXXXX
02/27/2024 - R UCC3 Termination
(2024022700239002)
XXXXXX XXXXXXXXXXX XXX XXXXX XXXX XX XXXXX
02/27/2024 - R UCC3 Termination
(2024022700239001)
XXXXXX XXXXXXXXXXX XXX XXXXX XXXX XX XXXXX
02/27/2024 - R
02/22/2024 - D
Agreement
(2024022700239005)
XXX XXXXX XXXXXX XXX XXXXX XXXX XX XXXXX
02/27/2024 - R
02/22/2024 - D
Deed
(2024022700239004)
XXXXXX XXXXXXXXXXX XXX XXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 489 Baltic Street, 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
$76,033
Municipal exemptions
Recent tax assessments
Market value
$5,155,000
Assessed value
$2,319,750

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 $4,939,000 $2,222,550 $2,193,030 10.848% $237,900 $70,019 +8.96%
2024/25 $5,396,000 $2,428,200 $2,157,030 10.762% $232,140 $64,259 +22.58%
2023/24 $4,954,000 $2,229,300 $2,079,900 10.592% $220,303 $52,422 -75.89%
2022/23 $4,539,000 $2,042,550 $2,042,550 10.646% $217,450 $217,450 +4.29%
2021/22 $4,308,000 $1,938,600 $1,938,600 10.755% $208,496 $208,496 +2.52%
2020/21 $4,308,000 $1,938,600 $1,901,760 10.694% $203,374 $203,374 +3.50%
2019/20 $4,308,000 $1,938,600 $1,864,881 10.537% $196,503 $196,503 +2.24%
2018/19 $4,308,225 $1,938,701 $1,828,001 10.514% $192,196 $192,196 +2261.76%
2017/18 $500,000 $225,000 $77,400 10.514% $8,138 $8,138 -51.00%
2016/17 $399,000 $179,550 $157,050 10.574% $16,606 $16,606 +2.64%

Permit information for 489 Baltic Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/30/2021 Alteration
12/17/2020 Alteration
03/13/2020 Alteration
01/10/2017 Alteration type 3
08/30/2016 Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/17/2019 Aeuhaz1-fail to certify class 1
10/17/2019 Aeuhaz1-fail to certify class 1
10/17/2019 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Smith St & Warren St at NE Corner
Station lines
F-G
Distance (miles)
0.353

Access the detailed traffic volume map for 489 Baltic Street, Brooklyn, NY 11217 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

Frequently asked questions

What is the year built for 489 Baltic Street, Brooklyn, NY 11217?

The development at 489 Baltic Street, Brooklyn, NY 11217 was built in 2016.

What is the market value of 489 Baltic Street, Brooklyn, NY 11217?

The current market value of 489 Baltic Street, Brooklyn, NY 11217 is $5,155,000.

What is the total square footage of 489 Baltic Street, Brooklyn, NY 11217?

489 Baltic Street, Brooklyn, NY 11217 has a total of 14,184 square feet.

What is the price per square foot for this property?

$572 per square foot is the price for 489 Baltic Street, Brooklyn, NY 11217.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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