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488 4th Avenue #3, Brooklyn, NY 11215 Property Information

488 4th Avenue #3, Brooklyn, NY 11215 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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488 4th Avenue #3, Brooklyn, NY 11215 1
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Address

Primary address 488 4th Avenue #3
Neighborhood Gowanus
Zip code 11215
Borough Brooklyn
Block & lot 01021-1203

Sales & Tax Overview for 488 4th Avenue #3, Brooklyn

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

Purchase date 04/09/2021
Purchase price $1,420,459
Tax class
Estimated property tax $18,410

Lot & Building Information for 488 4th Avenue #3, Brooklyn

Lot sq. ft. 2,553
Property type Condo - Residential Unit in Walk-Up Building (R2)
Building sqft 1,406
Buildings on lot 1
Stories 10
Structure type Highrise apartment
Year built 2017
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Zoning & Use for 488 4th Avenue #3, Brooklyn

Residential units (DOF) 1

Area Overview

Walk Score
98 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
88 /100. Very Bikeable

School district 15
Community district 6

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

Unit Overview

Unit # 3

Other Property Data for 488 4th Avenue #3, Brooklyn

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Floor area ratio (FAR) for 488 4th Avenue #3, Brooklyn, NY 11215, 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 488 4th Avenue #3, Brooklyn, NY 11215, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 488 4th Avenue #3, Brooklyn

What is the year built & the total sq. ft. for 488 4th Avenue #3, Brooklyn, NY 11215?

488 4th Avenue #3, Brooklyn, NY 11215 was built in 2017 and has a total of 1,406 square feet.

What is the assessed value of 488 4th Avenue #3, Brooklyn, NY 11215 and the property tax paid?

Assessed at $187,931, the tax amount paid for 488 4th Avenue #3, Brooklyn, NY 11215 is $20,385. For the next year, the tax amount for 488 4th Avenue #3, Brooklyn, NY 11215 is estimated at $18,410.

When was 488 4th Avenue #3, Brooklyn, NY 11215 last sold and what was the last sale price?

488 4th Avenue #3, Brooklyn, NY 11215 was last sold in 04/09/2021 for $1,420,459.

How many residential units does this building have?

This building has 1 residential unit(s).

Ownership Information for 488 4th Avenue #3, Brooklyn

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Property owner name for 488 4th Avenue #3, Brooklyn, NY 11215
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Building contacts for 488 4th Avenue #3, Brooklyn, NY 11215
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 488 4th Avenue #3, Brooklyn

Create a free account to view the complete sales history for 488 4th Avenue #3, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/09/2021 $1,420,459

Title Documents for 488 4th Avenue #3, 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
02/25/2022 - D
05/25/2022 - R		 Satisfaction of Mortgage
(2022051300722001)
06/26/2021 - D
08/04/2021 - R		 Satisfaction of Mortgage
(2021071401567004)
04/09/2021 - D
05/21/2021 - R		 Mortgage
(2021051301155001)
04/09/2021 - D
04/30/2021 - R		 Power of Attorney
(2021041901205002)
04/09/2021 - D
04/30/2021 - R		 Deed
(2021041901205001)
03/25/2021 - D
08/17/2021 - R		 Sundry Agreement
(2021080600810001)
03/25/2021 - D
04/30/2021 - R		 Partial Release of Mortgage
(2021041901205003)
03/12/2021 - D
03/23/2021 - R		 Termination of Assign of L&R
(2021031900790002)
03/12/2021 - D
03/23/2021 - R		 Satisfaction of Mortgage
(2021031900790001)
07/27/2020 - R UCC3 Termination
(2020072600074002)
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R: Recorded date
D: Document date

Property Taxes for 488 4th Avenue #3, Brooklyn

Access detailed property tax data for 488 4th Avenue #3, Brooklyn, NY 11215. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $16,818
Estimated property tax: $18,410
Tax assessor's market value: $417,625
Assessed value: $187,931

More about New York City Property Taxes

Assessment History for 488 4th Avenue #3, Brooklyn

Here's the assessment & property tax history for 488 4th Avenue #3, 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 $417,625 $187,931 $163,884 12.439% $20,386 $16,801 +5.73%
2024/25 $394,319 $177,444 $154,087 12.5% $19,261 $15,890 +5.16%
2023/24 $374,670 $168,602 $145,913 12.502% $18,242 $15,110 -11.71%
2022/23 $346,571 $155,957 $139,507 12.267% $17,113 $17,113 +8.02%
2021/22 $287,760 $129,492 $129,492 12.235% $15,843 $15,843 -1.51%
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Permits for 488 4th Avenue #3, Brooklyn

The complete history of permits filed for 488 4th Avenue #3, 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.

No recorded permits for this property.

Gowanus Residential Market Stats

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

Median Sale Price
$1,150,000
-10.5% YoY
Median Price/Sqft
$1,352
11.7% YoY
Brooklyn Median Sale Price
$885,000
2.5% YoY

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

Transportation

Distance to Subway
Closest station 4th Ave & 10th St at NW Corner
Station lines F
Distance (miles) 0.082
View subway map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 124 Silas B Dutcher 3 No Public PK, K-5 329 0.10
P.S. 124 Silas B Dutcher 3 No Public PK, K-5 329 0.10
St. Thomas Aquinas School NR No Private PK, K-8 0 0.18
St. Thomas Aquinas School NR No Private PK, K-8 0 0.18
Maurice Sendak Community School 8 No Public K-5 211 0.20
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
St. Thomas Aquinas School NR No Private PK, K-8 0 0.18
Ms 51 William Alexander 7 No Public 6-8 1,026 0.38
Al-Madinah School NR No Private PK-12 790 0.39
Hellenic Classical Charter School 10 No Charter PK, K-8 483 0.43
Al-Noor School NR No Private PK-12 654 0.49
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Al-Madinah School NR No Private PK-12 790 0.39
Al-Noor School NR No Private PK-12 654 0.49
AL-Noor School NR No Private PK-12 630 0.49
Millennium Brooklyn High School 10 No Public 9-12 721 0.61
John Jay School for Law 3 No Public 9-12 461 0.61
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 488 4th Avenue #3, Brooklyn

Here are the neighbors for 488 4th Avenue #3, Brooklyn, NY 11215.

Address Square feet Purchase date Purchase price
1451 Sutter Ave, Brooklyn 52,813 09/29/2023 $3,000,000
175 Palmetto St, Brooklyn 09/06/2022 $11,600,000
55 Summit St, Brooklyn 6,053 07/18/2024
160 Bay 53 St, Brooklyn 1,800
889 Bushwick Ave, Brooklyn 37,405 03/14/2022
540 Waverly Ave, Brooklyn 119,312 12/18/2019 $17,250,000
57 Summit St, Brooklyn 3,403 02/25/2026 $3,800,000
26 Huntington St, Brooklyn 2,569 02/27/2026 $2,494,713
491 Bedford Ave, Brooklyn 6,101 02/28/2024
161 Dupont St, Brooklyn 7,740
162 Bay 53 St, Brooklyn 1,800
340 Evergreen Ave, Brooklyn 133,497 03/14/2022
1365 45th St, Brooklyn 4,273
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