New York City  »  11217  »  State St  »  489 State St

489 State Street #Cu, Brooklyn, NY 11217 - Property report

Also known as: 378-382 Schermerhorn St #Cu

Property image for 489 State Street #Cu, Brooklyn, NY 11217
static Mapbox map

Property type

Retail Space (RK)

Year built

2021

Lot sq. ft.

26,981

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
489 State Street #Cu
Alternate address(es)
378-382 Schermerhorn St #Cu
ZIP code
11217
Neighborhood
Boerum Hill
Borough
Brooklyn
Block & lot
00174-1101

Owner

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Building
Property type
Retail Space (RK)
Unit sq. ft.
18,014
Buildings on lot
1
Year built
2021
Last altered
2022
Building material
Tax
Tax year
2026-2027
Property tax
$16,955
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 sq. ft.
26,981

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
94 /100.  Biker's Paradise
School district
15
Community district
2

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

Ownership

Ownership information for 489 State Street #Cu, Brooklyn, NY

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

Sales history for 489 State Street #Cu, Brooklyn, NY 11217

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/10/2025 - R
08/25/2025 - D		 Termination of Agreement
(2025090300220007)		 XXX XXXXXXXXXXXX XXXXXX XXX XXX XXXX XXXX XXXXXXXXXXX XXXXXXXXXXXX XXXX
09/10/2025 - R
08/25/2025 - D		 Termination of Agreement
(2025090300220006)		 XXX XXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXXX XXXXXXXXXXXX XXXX
04/28/2025 - R
04/09/2025 - D		 Easement
(2025041700831001)		 XXXXX XX XXXXXXXX XX XXX XXXXXXXX XXXXXX XXX XXXXXXXXXXXX XXXXXX XXX
01/14/2025 - R UCC3 Termination
(2024122700167016)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
01/14/2025 - R UCC3 Termination
(2024122700167015)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
01/14/2025 - R UCC3 Termination
(2024122700167014)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
01/14/2025 - R UCC3 Termination
(2024122700167013)		 XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXX XXXX XXX
12/30/2024 - R Initial UCC1
(2024122400175009)		 XXX XXXXXXXX XXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
01/14/2025 - R
12/18/2024 - D		 Sundry Agreement
(2024122700167012)		 XXXXXXXX XXXXXXXXXXX XXXXXX XXX
01/14/2025 - R
12/18/2024 - D		 Sundry Agreement
(2024122700167011)		 XXX XXXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 489 State Street #Cu, 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
$16,955
Municipal exemptions
Recent tax assessments
Market value
$7,376,095
Assessed value
$3,319,243

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 $7,353,095 $3,308,893 $3,308,892 10.848% $358,949 $16,730 +25.74%
2024/25 $282,095 $126,943 $123,634 10.762% $13,305 $13,305 +4.40%
2023/24 $282,095 $126,943 $120,326 10.592% $12,745 $12,745 +2.31%
2022/23 $282,095 $126,943 $117,018 10.646% $12,458 $12,458 n/a
Permits

Permit information for 489 State Street #Cu, Brooklyn, NY

No recently recorded permits for this property.

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Violations

DOB Violations

No recently recorded violations 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

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FEMA flood zones

Property location map
FEMA flood zones
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Ashland Pl & Hanson Pl at SE Corner
Station lines
B-D-N-Q-R-2-3-4-5
Distance (miles)
0.106
View subway map

Access the detailed traffic volume map for 489 State Street #Cu, Brooklyn, NY 11217 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 489 State Street #Cu, Brooklyn, NY

350 Halsey St, Brooklyn

Nearby ZIP codes for 489 State Street #Cu, 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 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11215, New York City, NY 11216, New York City, NY 11218, New York City, NY 11225, New York City, NY 11226, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 489 State Street #Cu, Brooklyn, NY 11217?

The development at 489 State Street #Cu, Brooklyn, NY 11217 was built in 2021.

What is the market value of 489 State Street #Cu, Brooklyn, NY 11217?

The current market value of 489 State Street #Cu, Brooklyn, NY 11217 is $7,376,095.

What is the total square footage of 489 State Street #Cu, Brooklyn, NY 11217?

489 State Street #Cu, Brooklyn, NY 11217 has a total of 18,014 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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