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

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

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

Primary address 488 4th Avenue #Comm
Neighborhood Gowanus
Zip code 11215
Borough Brooklyn
Block & lot 01021-1211

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

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

Purchase date 03/03/2022
Purchase price $330,000
Tax class
Estimated property tax $5,626

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

Lot sq. ft. 2,553
Property type Retail Space (RK)
Building sqft 421
Buildings on lot 1
Stories 10
Year built 2017
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Zoning & Use for 488 4th Avenue #Comm, Brooklyn

Qualified opportunity zone
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 15
Community district 6

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

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

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

About 488 4th Avenue #Comm, Brooklyn

How many sq. ft. does 488 4th Avenue #Comm, Brooklyn, NY 11215 have & what is the price per sq. ft?

This Retail Space (RK) located at 488 4th Avenue #Comm, Brooklyn, NY 11215 has a total of 421 square feet and a current price per square foot of $783.

What is the year built & the current market value of 488 4th Avenue #Comm, Brooklyn, NY 11215?

488 4th Avenue #Comm, Brooklyn, NY 11215 was built in 2017 and has a current tax assessor's market value of $132,145.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 488 4th Avenue #Comm, Brooklyn

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

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

Purchase date Purchase price Buyer name Seller name
03/03/2022 $330,000

Title Documents for 488 4th Avenue #Comm, 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
03/03/2022 - D
03/22/2022 - R
Deed
(2022031501547001)
02/25/2022 - D
05/25/2022 - R
Satisfaction of Mortgage
(2022051300722001)
06/26/2021 - D
08/04/2021 - R
Satisfaction of Mortgage
(2021071401567004)
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)
07/27/2020 - R Initial UCC1
(2020072600071001)
07/07/2020 - D
07/27/2020 - R
Sundry Miscellaneous
(2020072600074004)
07/07/2020 - D
07/27/2020 - R
Sundry Miscellaneous
(2020072600074003)
07/07/2020 - D
07/27/2020 - R
Termination of Assign of L&R
(2020072600074001)
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R: Recorded date
D: Document date

Property Taxes for 488 4th Avenue #Comm, Brooklyn

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

Tax year: 2025-2026
Property tax: $5,089
Estimated property tax: $5,626
Tax assessor's market value: $132,145
Assessed value: $59,465

Assessment History for 488 4th Avenue #Comm, Brooklyn

Here's the assessment & property tax history for 488 4th Avenue #Comm, 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 $132,145 $59,465 $46,916 10.848% $5,089 $5,089 +9.50%
2024/25 $133,145 $59,915 $43,189 10.762% $4,648 $4,648 +11.78%
2023/24 $91,000 $40,950 $39,257 10.592% $4,158 $4,158 +3.33%
2022/23 $84,000 $37,800 $37,800 10.646% $4,024 $4,024 +2.66%
2021/22 $81,000 $36,450 $36,450 10.755% $3,920 $3,920 -5.12%

Permits for 488 4th Avenue #Comm, Brooklyn

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

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 Q1/2026
$444
-15% YoY
Median Price/Sqft Q4/2025
$523
9.6% YoY
Median Price/Sqft 2025
$523
5.9% 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

Neighbors for 488 4th Avenue #Comm, Brooklyn

Here are the neighbors for 488 4th Avenue #Comm, 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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