Kings  »  11231  »  Union St  »  499 Union St

499 Union Street, Brooklyn, NY 11231 - Property report

Also known as: 497-499 Union St

Property image for 499 Union Street, Brooklyn, NY 11231
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Property type

One Story Retail Building (K1)

Year built

1931

Lot sq. ft.

7,581

Sale price

$1,200,000

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
499 Union Street
Alternate address(es)
497-499 Union St
501 Union St
ZIP code
11231
Neighborhood
Gowanus
Borough
Brooklyn
Block & lot
00431-0043

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
7,581
Building dimensions
76 ft x 99 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Sales
Sale date
05/26/2011
Sale price
$1,200,000
Tax
Tax year
2026-2027
Property tax
$211,149
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
76 ft x 100.33 ft
Lot sq. ft.
7,581

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
6
Closest police station
0.63 Miles
Closest fire station
0.56 Miles

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

Ownership

Ownership information for 499 Union Street, Brooklyn, NY

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

Sales history for 499 Union Street, Brooklyn, NY 11231

Sale date Sale price Buyer name Seller name
05/26/2011 $1,200,000 XXXXXXX, XXXX XXXXXXXX, XXXX X XXX XXXXXXXX, XXXXX X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/28/2025 - R
02/04/2025 - D		 Satisfaction of Mortgage
(2025030600040013)		 XXXX XXXXXXXX XXXXXXX XXX XX XXXX XXXXX XXX
03/28/2025 - R
02/04/2025 - D		 Mortgage
(2025030600040012)		 XXXX XXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/28/2025 - R
02/04/2025 - D		 Agreement
(2025030600040003)		 XXX X XX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/28/2025 - R
01/21/2025 - D		 Assignment, Mortgage
(2025030600040002)		 XXXXXXXX XXXX X X XX XXXX XXXXX XXX
02/18/2025 - R
01/16/2025 - D		 Termination of Assign of L&R
(2025021700022001)		 XXXX XXXXXXXX XXXXXXX XXX XXXXXXXX XXXX XX XXX XX XXX XXXX XXXXXXXXXX XXXX
05/31/2023 - R
05/19/2023 - D		 Termination of Agreement
(2023052400183013)		 XXXXXX XXXXX XXX XXXX XXXXXXXX XXXXXXX XXX
03/06/2017 - R Initial UCC1
(2017012000561003)		 XXX X XX XXX XXX XXXX XXXXXXXXXX XXXX
03/06/2017 - R UCC3 Termination
(2017012000561002)		 XXXX XXXXXXXX XXXXXXX XXX XXXXXXX XXXX
02/08/2017 - R
01/17/2017 - D		 Assignment of Leases and Rents
(2017012000443007)		 XXX X XX XXX XXX XXXX XXXXXXXXXX XXXX
02/08/2017 - R
01/17/2017 - D		 Agreement
(2017012000443006)		 XXX X XX XXX XXX XXXX XXXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 499 Union 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
$211,149
Municipal exemptions
Recent tax assessments
Market value
$5,144,000
Assessed value
$2,314,800

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 $4,589,000 $2,065,050 $1,650,510 10.848% $179,047 $179,047 +17.54%
2024/25 $5,173,000 $2,327,850 $1,415,430 10.762% $152,329 $152,329 +28.96%
2023/24 $4,851,000 $2,182,950 $1,115,190 10.592% $118,121 $118,121 +31.85%
2022/23 $1,870,000 $841,500 $841,500 10.646% $89,586 $89,586 +39.49%
2021/22 $1,327,000 $597,150 $597,150 10.755% $64,223 $64,223 +3.65%
2020/21 $1,448,000 $651,600 $579,420 10.694% $61,963 $61,963 +7.61%
2019/20 $1,308,000 $588,600 $546,480 10.537% $57,583 $57,583 +4.86%
2018/19 $1,330,000 $598,500 $522,270 10.514% $54,911 $54,911 +5.28%
2017/18 $1,270,000 $571,500 $496,080 10.514% $52,158 $52,158 +3.27%
2016/17 $1,082,000 $486,900 $477,630 10.574% $50,505 $50,505 +10.75%
Permits

Permit information for 499 Union Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/08/2025 Alteration
08/08/2025 Alteration
05/22/2018 Alteration type 3
12/21/2015 Alteration type 2
05/09/2014 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/24/2017 Lblvio-low pressure boiler
02/24/2017 Lblvio-low pressure boiler
10/01/2015 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Neighborhood

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

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
0.2,AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
Smith St & President St at NE Corner
Station lines
F-G
Distance (miles)
0.284
View subway map

Access the detailed traffic volume map for 499 Union Street, Brooklyn, NY 11231 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

Neighbors for 499 Union Street, Brooklyn, NY

285 Nevins St, Brooklyn 415 Union St, Brooklyn 525 Union St, Brooklyn 289 Nevins St, Brooklyn 287 Nevins St, Brooklyn 287 Bond St, Brooklyn 282 Nevins St, Brooklyn 291 Nevins St, Brooklyn 558 Sackett St, Brooklyn 295 Nevins St, Brooklyn 295 Bond St, Brooklyn 498 Sackett St, Brooklyn 301 Nevins St, Brooklyn 556 Sackett St, Brooklyn 717 Ashford St, Brooklyn 417 Union St, Brooklyn 297 Bond St, Brooklyn 303 Bond St, Brooklyn 305 Bond St, Brooklyn

Nearby ZIP codes for 499 Union Street, Brooklyn, NY

10002, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10038, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11205, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 499 Union Street, Brooklyn, NY 11231?

The development at 499 Union Street, Brooklyn, NY 11231 was built in 1931.

What is the market value of 499 Union Street, Brooklyn, NY 11231?

The current market value of 499 Union Street, Brooklyn, NY 11231 is $5,144,000.

What is the total square footage of 499 Union Street, Brooklyn, NY 11231?

499 Union Street, Brooklyn, NY 11231 has a total of 7,581 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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