New York City » 11215 » 3rd St » 488 3rd St

488 3rd Street, Brooklyn, NY 11215 - Property report

Also known as: 488 3rd St

Property image for 488 3rd Street, Brooklyn, NY 11215

Property type

Walk-up Cooperative Building (Other than Condominiums) (XC6)

Year built

1920

Lot sq. ft.

1,980

General information

Address

Primary address

488 3rd Street

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

00983-0031

Building

Property type

Walk-up Cooperative Building (Other than Condominiums) (XC6)

Building sq. ft.

4,400

Building dimensions

22 ft x 50 ft

Buildings on lot

Stories

Year built

1920

Tax

Tax year

2026-2027

Property tax

$37,433

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

3 Street (wide)

Distance to wide street

Lot dimensions

22 ft x 90 ft

Lot sq. ft.

1,980

Area overview

Walk score

89 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

89 /100. Very Bikeable

School district

Community district

Closest police station

0.74 Miles

Closest fire station

0.29 Miles

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

Units for 488 3rd Street, Brooklyn, NY

Unit	Sale date	Sq. ft.
Unit 1A	09/24/2018
Unit 1B	01/13/2016
Unit 2A	12/21/2012	450
Unit 2B
Unit 3A	09/17/2020
Unit 3B	01/09/2020
Unit 4B	07/14/2021	500
Unit 5A	08/12/2025

Ownership

Ownership information for 488 3rd Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 488 3rd Street, Brooklyn, NY 11215

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/01/2011 - R 02/23/2011 - D	Initial UCC1 (2011022301157001)	XXX XXX X X XXXXXX XXX X	XXXXXXXXX XXXX
12/17/2003 - R	Initial Coop UCC1 (2003121100316001)	XXXXXXX XXXX	XXXXXXXXXXXX XXX
12/09/2003 - R	Initial Coop UCC1 (2003081801599001)	XXXXXX XXXXX X	XXXXXXXX XXXX XXXXXXXX XXXXX XX XXXXXXX XX XXXX
09/22/2003 - R	UCC3 Termination (2003081301271001)	XXXXXX XXXXXX	XX XXXXXX XXXXX XXXX
08/11/2003 - R	Initial Coop UCC1 (2003080701987001)	XXXX XXX	XXXXXXXX XXXXX XXXX
06/23/2003 - R	Initial Coop UCC1 (2003061901934012)	XXXXXX XXXXX
06/19/2003 - R	Initial Coop UCC1 (2003061601823006)	XX XXXXX XXXXXXX X	XXXXX XXXXXXXX XXXX
08/18/2003 - R 03/28/2003 - D	UCC3 Termination (2003032801390001)	XXXXXX XXXXXX	XXX XXXXX XXXXXXXXX XXXX
02/15/2002 - R	Initial Coop UCC1 (3370008005337)	XXXXXX XXXXXX	XX XXXXXX XXXXX XXXX
07/02/2001 - R	UCC3 Termination (3010007722501)	XXXXXXXX XXXXXX	XXXXX XXXX XXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 3rd 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

$37,433

Municipal exemptions

Recent tax assessments

Market value

$2,089,000

Assessed value

$940,050

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	$2,283,000	$1,027,350	$300,937	12.439%	$38,250	$32,434	+3.78%
2024/25	$2,854,000	$1,284,300	$288,247	12.5%	$36,783	$31,253	+12.93%
2023/24	$2,513,000	$1,130,850	$252,043	12.502%	$34,065	$27,674	+6.96%
2022/23	$2,401,000	$1,080,450	$233,237	12.267%	$30,949	$25,872	+7.84%
2021/22	$2,298,000	$1,034,100	$218,479	12.235%	$28,943	$23,992	-14.44%
2020/21	$2,231,000	$1,003,950	$228,586	12.267%	$29,016	$28,041	+8.63%
2019/20	$1,858,800	$836,460	$206,951	12.473%	$28,234	$25,813	-0.01%
2018/19	$1,549,000	$697,050	$204,695	12.612%	$26,434	$25,816	+7.10%
2017/18	$1,333,000	$599,850	$189,510	12.719%	$24,684	$24,104	+5.48%
2016/17	$1,215,000	$546,750	$177,246	12.892%	$23,459	$22,851	+0.07%

Permits

Permit information for 488 3rd Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
04/05/2013	Alteration type 3
06/18/2009	Alteration type 3
06/18/2009	Alteration type 3

*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
	04/30/2026	A
	11/09/2022	I
	10/06/2015	I

*Most recent HPD violations on record for this property.

Neighborhood

Park Slope residential market stats

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

Median sale price

$1,619,646

12.4% Y-o-Y

Median price/sq. ft.

$1,514

6.4% Y-o-Y

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

7th Ave & 9th St at NE Corner

Station lines

Distance (miles)

0.271

View subway map

Access the detailed traffic volume map for 488 3rd Street, Brooklyn, NY 11215 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. 321 William Penn	9	Yes	Public	K-5	1,216	0.09
P.S. 39 Henry Bristow	9	No	Public	K-5	344	0.23
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
Saint Saviour Catholic Academy	NR	No	Private	PK, K-8	370	0.26
Saint Saviour Catholic Academy	NR	No	Private	PK, K-8	370	0.26
St Francis Xavier School	NR	No	Private	PK-8	175	0.29
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.42
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.42

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Park Slope Collegiate	4	No	Public	6-12	577	0.10
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
Saint Saviour Catholic Academy	NR	No	Private	PK, K-8	370	0.26
St Francis Xavier School	NR	No	Private	PK-8	175	0.29
Ms 51 William Alexander	7	No	Public	6-8	1,026	0.29
Poly Prep Lower School	NR	No	Private		0	0.35
Berkeley Carroll School	NR	No	Private	PK-12	977	0.45
P.S. 372 The Children S School	NR	No	Public	PK, K-8	436	0.52
P.S. 77	NR	No	Public	K-12	304	0.58
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.58

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Park Slope Collegiate	4	No	Public	6-12	577	0.10
Millennium Brooklyn High School	10	No	Public	9-12	721	0.10
Cyberarts Studio Academy	2	No	Public	9-12	298	0.10
John Jay School for Law	3	No	Public	9-12	461	0.10
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.25
St Saviour High School	NR	No	Private	9-12	400	0.28
Poly Prep Lower School	NR	No	Private		0	0.35
Berkeley Carroll School	NR	No	Private	PK-12	977	0.45
Al-Madinah School	NR	No	Private	PK-12	790	0.54
P.S. 77	NR	No	Public	K-12	304	0.58

Neighbors for 488 3rd Street, Brooklyn, NY

492 3rd St, Brooklyn 504 3rd St, Brooklyn 470 3rd St, Brooklyn 228 7th Ave, Brooklyn 454 3rd St, Brooklyn 450 3rd St, Brooklyn 490 3rd St, Brooklyn 502 3rd St, Brooklyn 466 3rd St, Brooklyn 494 3rd St, Brooklyn 498 3rd St, Brooklyn 462 3rd St, Brooklyn 458 3rd St, Brooklyn 496 3rd St, Brooklyn 500 3rd St, Brooklyn 478 3rd St, Brooklyn 226 7th Ave, Brooklyn 444 3rd St, Brooklyn 474 3rd St, Brooklyn

Frequently asked questions

What is the year built for 488 3rd Street, Brooklyn, NY 11215?

The development at 488 3rd Street, Brooklyn, NY 11215 was built in 1920.

What is the total square footage of 488 3rd Street, Brooklyn, NY 11215?

488 3rd Street, Brooklyn, NY 11215 has a total of 4,400 square feet.

What is the assessed value of 488 3rd Street, Brooklyn, NY 11215?

488 3rd Street, Brooklyn, NY 11215 is currently assessed at $940,050.

What are the property taxes for 488 3rd Street, Brooklyn, NY 11215?

The property taxes for 488 3rd Street, Brooklyn, NY 11215 total $37,433.

How many residential units does this building have?

This building has 10 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.