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498 Sackett Street, Brooklyn, NY 11231 Property Information

498 Sackett Street, Brooklyn, NY 11231 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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498 Sackett Street, Brooklyn, NY 11231 1
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Address

Primary address 498 Sackett Street
Secondary address 498-504 Sackett St
Neighborhood Gowanus
Zip code 11231
Borough Brooklyn
Block & lot 00431-0012

Sales & Tax Overview for 498 Sackett Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/19/2023
Purchase price $100,000,000
Tax class
Estimated property tax $3,550,010

Lot & Building Information for 498 Sackett Street, Brooklyn

Lot sqft 38,778
Lot dimensions 238.17 ft x 200 ft
Building class Elevator Apartment - Semi-Fireproof with Stores (D7) i
Building sqft 230,293
Buildings on lot 1
Stories 21
Year built 2023
Construction type
Status
Status date
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Zoning & Use for 498 Sackett Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 173
Commercial units 5
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6
Closest police station 0.63 Miles
Closest fire station 0.56 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 498 Sackett Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 498 Sackett Street, Brooklyn, NY 11231, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 498 Sackett Street, Brooklyn, NY 11231, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 498-504 Sackett St, Brooklyn, NY 11231

About 498 Sackett Street, Brooklyn

How many sq. ft. does 498 Sackett Street, Brooklyn, NY 11231 have & what is the price per sq. ft?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 498 Sackett Street, Brooklyn, NY 11231 has a total of 230,293 square feet and a current price per square foot of $434.

What is the year built & the current market value of 498 Sackett Street, Brooklyn, NY 11231?

498 Sackett Street, Brooklyn, NY 11231 was built in 2023 and has a current tax assessor's market value of $16,472,000.

How many commercial spaces does this building have?

This building has 5 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 498 Sackett Street, Brooklyn

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Property owner name for 498 Sackett Street, Brooklyn, NY 11231
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Building contacts for 498 Sackett Street, Brooklyn, NY 11231
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 498 Sackett Street, Brooklyn

No photo available
510 Sackett Street
Listing type For Lease
Listing date 11/03/2023
Last updated 05/12/2026
View Listing

Brokers

Steve Soutendijk
Sean Moran
Patrick O'Rourke
Catherine Merck
Spaces
Suite name Space type Lease rate Available space Brokers
Suite B,C Interior Retail $125/Sqft/Year 10,227 Steve Soutendijk
Sean Moran
Patrick O'Rourke
Catherine Merck
Active Listings For This Property:
For Lease No photo available
510 Sackett Street
498 Sackett Street, Brooklyn
Property Retail
Availability 1 Spaces listed / 10227 Sqft
Price $125/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 498 Sackett Street, Brooklyn

Create a free account to view the complete sales history for 498 Sackett Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/19/2023 $100,000,000

Title Documents for 498 Sackett Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
07/15/2025 - D
08/07/2025 - R
Sundry Miscellaneous
(2025080100625002)
10/11/2024 - D
11/19/2024 - R
Sundry Miscellaneous
(2024111400170001)
01/02/2024 - D
01/04/2024 - R
Certificate
(2024010200233001)
10/23/2023 - D
11/09/2023 - R
Assumption of Mortgage
(2023102400543001)
10/12/2023 - D
10/20/2023 - R
Easement
(2023101800233001)
05/31/2023 - R UCC3 Termination
(2023052400183023)
05/31/2023 - R UCC3 Termination
(2023052400183022)
05/31/2023 - R Initial UCC1
(2023052400183017)
05/31/2023 - R Initial UCC1
(2023052400183016)
05/31/2023 - R Initial UCC1
(2023052400183015)
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R: Recorded date
D: Document date

Property Taxes for 498 Sackett Street, Brooklyn

Access detailed property tax data for 498 Sackett Street, Brooklyn, NY 11231. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $896,067
Estimated property tax: $3,550,010
Tax assessor's market value: $16,472,000
Assessed value: $7,412,400

Assessment History for 498 Sackett Street, Brooklyn

Here's the assessment & property tax history for 498 Sackett Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $16,472,000 $7,412,400 $7,203,690 12.439% $896,067 $896,067 +1532.18%
2024/25 $1,650,000 $742,500 $439,200 12.5% $54,900 $54,900 -26.74%
2023/24 $1,620,000 $729,000 $707,490 10.592% $74,937 $74,937 +12.37%
2022/23 $1,392,000 $626,400 $626,400 10.646% $66,687 $66,687 +284.89%
2021/22 $358,000 $161,100 $161,100 10.755% $17,326 $17,326 -17.08%

Permits for 498 Sackett Street, Brooklyn

The complete history of permits filed for 498 Sackett Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
01/09/2026 Alteration
01/09/2026 Alteration
11/06/2025 New building
11/04/2025 Alteration
11/04/2025 Alteration
10/29/2025 Alteration
10/07/2025 New building
10/03/2025 Alteration
09/05/2025 Alteration
09/04/2025 Alteration
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): 0.2,AE (See more on map)
Hurricane evacuation zone: 1 (See more on map)

Transportation

Distance to Subway
Closest station Smith St & President St at NE Corner
Station lines F-G
Distance (miles) 0.303
View subway map
Bus Routes
Name 3 Av/DE Graw St
Line B37
Distance (miles) 0.219

Neighbors for 498 Sackett Street, Brooklyn

Here are the neighbors for 498 Sackett Street, Brooklyn, NY 11231.

Address Square feet Purchase date Purchase price
415 Union St, Brooklyn 3,000 01/11/2010
525 Union St, Brooklyn 11,700 06/09/2017
289 Nevins St, Brooklyn 1,990 06/10/1994
287 Nevins St, Brooklyn 3,132 01/04/2002
287 Bond St, Brooklyn 6,200 01/01/2018
282 Nevins St, Brooklyn 45,200 03/07/2019 $10,000,000
291 Nevins St, Brooklyn 2,400 10/04/2017 $1,300,000
419 Union St, Brooklyn 3,040 04/02/2009 $1,810,000
423 Union St, Brooklyn 2,280 05/26/1999
295 Nevins St, Brooklyn 3,200 11/28/2005
295 Bond St, Brooklyn 1,472 07/09/2013 $1,900,000
717 Ashford St, Brooklyn 2,052 04/19/2024
301 Nevins St, Brooklyn 2,825 07/30/2002
417 Union St, Brooklyn 2,400 12/26/2024 $3,325,000
421 Union St, Brooklyn 2,289 09/06/2001
499 Union St, Brooklyn 7,581 10/07/2014
297 Bond St, Brooklyn 1,472 02/28/2017 $25,000
303 Bond St, Brooklyn 3,600 09/17/2020 $4,361,563
305 Bond St, Brooklyn 4,000 03/31/2017 $10,000
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