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481 Eastern Parkway, Brooklyn, NY 11216 Property Information

481 Eastern Parkway, Brooklyn, NY 11216 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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481 Eastern Parkway, Brooklyn, NY 11216 1
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Address

Primary address 481 Eastern Parkway
Secondary address 479-481 Eastern Pkwy
Neighborhood Crown Heights
Zip code 11216
Borough Brooklyn
Block & lot 01261-0051

Sales & Tax Overview for 481 Eastern Parkway, Brooklyn

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

Purchase date 03/31/2026
Purchase price $4,327,889
Tax class
Estimated property tax $45,731

Lot & Building Information for 481 Eastern Parkway, Brooklyn

Lot sq. ft. 7,241
Lot dimensions 68.58 ft x 105.58 ft
Property type Over Six Families without Stores (C1)
Building sqft 15,372
Building dimensions 68.58 ft x 64.58 ft
Buildings on lot 1
Stories 4
Year built 1920
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Zoning & Use for 481 Eastern Parkway, Brooklyn

Zoning
Residential units (DOF) 16
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.43 Miles
Closest fire station 0.52 Miles

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

Other Property Data for 481 Eastern Parkway, Brooklyn

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Floor area ratio (FAR) for 481 Eastern Parkway, Brooklyn, NY 11216, 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 481 Eastern Parkway, Brooklyn, NY 11216, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 479-481 Eastern Pkwy, Brooklyn, NY 11216

About 481 Eastern Parkway, Brooklyn

What is the year built & the total sq. ft. for 481 Eastern Parkway, Brooklyn, NY 11216?

481 Eastern Parkway, Brooklyn, NY 11216 was built in 1920 and has a total of 15,372 square feet.

What is the assessed value of 481 Eastern Parkway, Brooklyn, NY 11216 and the property tax paid?

Assessed at $371,250, the tax amount paid for 481 Eastern Parkway, Brooklyn, NY 11216 is $45,786. For the next year, the tax amount for 481 Eastern Parkway, Brooklyn, NY 11216 is estimated at $45,731.

When was 481 Eastern Parkway, Brooklyn, NY 11216 last sold and what was the last sale price?

481 Eastern Parkway, Brooklyn, NY 11216 was last sold in 03/31/2026 for $4,327,889.

How many residential units does this building have?

This building has 16 residential unit(s).

Ownership Information for 481 Eastern Parkway, Brooklyn

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Property owner name for 481 Eastern Parkway, Brooklyn, NY 11216
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Building contacts for 481 Eastern Parkway, Brooklyn, NY 11216
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 481 Eastern Parkway, Brooklyn

Create a free account to view the complete sales history for 481 Eastern Parkway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/31/2026 $4,327,889
02/27/2014 $208,100,625
06/26/2008 $3,606,016
       
       
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*Here are the three most recent sales for this property.

Title Documents for 481 Eastern Parkway, 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
04/16/2026 - R UCC3 Termination
(2026040900264004)
04/16/2026 - R Initial UCC1
(2026040900264003)
03/31/2026 - D
04/16/2026 - R
Agreement
(2026040900264002)
03/31/2026 - D
04/16/2026 - R
Deed
(2026040900264001)
03/26/2026 - D
04/13/2026 - R
Termination of Assign of L&R
(2026040600850004)
02/08/2022 - R Initial UCC1
(2022020300919004)
01/24/2022 - D
02/08/2022 - R
Assignment of Leases and Rents
(2022020300919003)
01/24/2022 - D
02/08/2022 - R
Agreement
(2022020300919002)
01/24/2022 - D
02/08/2022 - R
Mortgage
(2022020300919001)
08/23/2018 - R Initial UCC1
(2018081301286004)
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R: Recorded date
D: Document date

Property Taxes for 481 Eastern Parkway, Brooklyn

Access detailed property tax data for 481 Eastern Parkway, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $45,787
Estimated property tax: $45,731
Tax assessor's market value: $825,000
Assessed value: $371,250

Assessment History for 481 Eastern Parkway, Brooklyn

Here's the assessment & property tax history for 481 Eastern Parkway, 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 $825,000 $371,250 $368,090 12.439% $45,787 $45,787 +3.56%
2024/25 $786,000 $353,700 $353,700 12.5% $44,213 $44,213 +0.75%
2023/24 $780,000 $351,000 $351,000 12.502% $43,882 $43,882 -3.10%
2022/23 $1,093,000 $491,850 $369,180 12.267% $45,287 $45,287 +15.85%
2021/22 $710,000 $319,500 $319,500 12.235% $39,091 $39,091 -6.94%

Permits for 481 Eastern Parkway, Brooklyn

The complete history of permits filed for 481 Eastern Parkway, 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
01/23/2025 Alteration
10/18/2017 Alteration type 2
04/07/2016 Alteration type 1
11/14/1994 Alteration type 2
         
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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 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.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Nostrand Ave & Eastern Pkwy at SW Corner
Station lines 3
Distance (miles) 0.088
View subway map
Bus Routes
Name Rogers Av/Eastern Py
Line B49
Distance (miles) 0.071

Neighbors for 481 Eastern Parkway, Brooklyn

Here are the neighbors for 481 Eastern Parkway, Brooklyn, NY 11216.

Address Square feet Purchase date Purchase price
469 Eastern Pkwy, Brooklyn 15,384
525 Eastern Pkwy, Brooklyn 7,800 12/14/2021 $1,500,000
788 Lincoln Pl, Brooklyn 6,650 01/12/2017
519 Eastern Pkwy, Brooklyn 6,816 06/06/2013 $290,000
461 Eastern Pkwy, Brooklyn 2,352 09/06/2001
505 Eastern Pkwy, Brooklyn 2,208 04/03/2019 $1,750,000
792 Lincoln Pl, Brooklyn 2,800 05/20/1986
515 Eastern Pkwy, Brooklyn 3,372 02/09/1993
521 Eastern Pkwy, Brooklyn 3,372 02/02/2022
734 Lincoln Pl, Brooklyn 1,888 06/04/1988
489 Eastern Pkwy, Brooklyn 15,372 03/31/2026 $4,327,889
503 Eastern Pkwy, Brooklyn 2,208 05/14/1999
465 Eastern Pkwy, Brooklyn 20,870 01/22/1998
457 Eastern Pkwy, Brooklyn 2,352 03/31/2023 $1,500,000
766 Lincoln Pl, Brooklyn 1,848 08/28/2019 $1,298,000
497 Eastern Pkwy, Brooklyn 15,372 03/31/2026 $4,327,889
511 Eastern Pkwy, Brooklyn 12,008 02/21/1990
455 Eastern Pkwy, Brooklyn 2,280 11/04/2009 $719,903
539 Eastern Pkwy, Brooklyn 15,186 10/31/2006 $2,000,000
824 Nostrand Ave, Brooklyn 11,100 07/05/1985
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