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488 Chauncey Street, Brooklyn, NY 11233 Property Information

488 Chauncey Street, Brooklyn, NY 11233 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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488 Chauncey Street, Brooklyn, NY 11233 1
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Address

Primary address 488 Chauncey Street
Neighborhood Ocean Hill
Zip code 11233
Borough Brooklyn
Block & lot 01516-0028

Sales & Tax Overview for 488 Chauncey Street, Brooklyn

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

Purchase date 10/05/2018
Purchase price $999,000
Tax class
Estimated property tax $5,101

Lot & Building Information for 488 Chauncey Street, Brooklyn

Lot sq. ft. 2,000
Lot dimensions 20 ft x 100 ft
Property type Three Families (C0)
Building sqft 2,700
Building dimensions 20 ft x 45 ft
Buildings on lot 1
Stories 3
Structure type Row
Building material Brick
Exterior wall Brick/masonry
Basement type Full
Year built 1910
Frontage(s) Chauncey Street (narrow)
Nearest wide street Rockaway Avenue
Distance to wide street
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Zoning & Use for 488 Chauncey Street, Brooklyn

Zoning
Residential units (DOF) 3
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 23
Community district 16
Closest police station 0.75 Miles
Closest fire station 0.06 Miles

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

Other Property Data for 488 Chauncey Street, Brooklyn

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Floor area ratio (FAR) for 488 Chauncey Street, Brooklyn, NY 11233, 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 Chauncey Street, Brooklyn, NY 11233, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 488 Chauncey Street, Brooklyn

What is the year built & the total sq. ft. for 488 Chauncey Street, Brooklyn, NY 11233?

488 Chauncey Street, Brooklyn, NY 11233 was built in 1910 and has a total of 2,700 square feet.

What is the assessed value of 488 Chauncey Street, Brooklyn, NY 11233 and the property tax paid?

Assessed at $99,420, the tax amount paid for 488 Chauncey Street, Brooklyn, NY 11233 is $5,097. For the next year, the tax amount for 488 Chauncey Street, Brooklyn, NY 11233 is estimated at $5,101.

When was 488 Chauncey Street, Brooklyn, NY 11233 last sold and what was the last sale price?

488 Chauncey Street, Brooklyn, NY 11233 was last sold in 10/05/2018 for $999,000.

How many residential units does this building have?

This building has 3 residential unit(s).

Ownership Information for 488 Chauncey Street, Brooklyn

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Property owner name for 488 Chauncey Street, Brooklyn, NY 11233
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Building contacts for 488 Chauncey Street, Brooklyn, NY 11233
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
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.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
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 488 Chauncey Street, Brooklyn

Create a free account to view the complete sales history for 488 Chauncey Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/05/2018 $999,000

Title Documents for 488 Chauncey Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
10/22/2018 - R UCC3 Termination
(2018101900192001)
10/05/2018 - D
10/15/2018 - R
Deed
(2018101100109001)
09/17/2015 - R UCC3 Continuation
(2015091500597004)
08/12/2010 - D
08/16/2010 - R
UCC3 Continuation
(2010081200883014)
09/27/2005 - D
09/30/2005 - R
Initial UCC1
(2005092701853011)
04/06/2000 - R Satisfaction of Mortgage
(3190007179719)
12/05/1990 - R Assignment, Mortgage
(3270001585027)
01/23/1987 - R Satisfaction of Mortgage
(3470001232847)
09/16/1980 - D
09/16/1980 - R
Deed
(38030118401330)
09/14/1978 - R Deed
(37830101900248)
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R: Recorded date
D: Document date

Property Taxes for 488 Chauncey Street, Brooklyn

Access detailed property tax data for 488 Chauncey Street, Brooklyn, NY 11233. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $5,097
Estimated property tax: $5,101
Tax assessor's market value: $1,657,000
Assessed value: $99,420

Assessment History for 488 Chauncey Street, Brooklyn

Here's the assessment & property tax history for 488 Chauncey Street, 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 $1,657,000 $99,420 $25,687 19.843% $5,097 $5,097 -0.24%
2024/25 $1,309,000 $78,540 $25,438 20.085% $5,109 $5,109 +5.97%
2023/24 $1,414,000 $84,840 $24,005 20.085% $4,821 $4,821 +4.67%
2022/23 $1,186,000 $71,160 $22,680 20.309% $4,606 $4,606 +7.69%
2021/22 $1,301,000 $78,060 $21,424 19.963% $4,277 $4,277 -5.06%

Permits for 488 Chauncey Street, Brooklyn

The complete history of permits filed for 488 Chauncey Street, 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
04/17/2023 Alteration
08/02/2022 Alteration
11/28/2019 Alteration
11/04/2019 Alteration
10/31/2019 Alteration
10/03/2019 Alteration type 2
05/22/2019 Alteration
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Ocean Hill Residential Market Stats

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

Median Sale Price
$650,000
13.1% YoY
Median Price/Sqft
$450
-18.9% YoY
Brooklyn Median Sale Price
$885,000
2.5% 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 Moffat St & Broadway at NW Corner
Station lines J-Z
Distance (miles) 0.104
View subway map
Bus Routes
Name Rockaway Av/Chauncey St
Line B60
Distance (miles) 0.044

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn Landmark Elementary School 8 No Public PK, K-5 404 0.15
Brooklyn Landmark Elementary School 8 No Public PK, K-5 404 0.15
P.S. Is 137 Rachael Jean Mitchell 6 No Public PK, K-5 141 0.22
P.S. Is 137 Rachael Jean Mitchell 6 No Public PK, K-5 141 0.22
Our Lady of Lourdes School NR No Private PK, K-8 0 0.31

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Brooklyn Environmental Exploration 3 No Public 6-8 165 0.15
Our Lady of Lourdes School NR No Private PK, K-8 0 0.31
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.34
Ocean Hill Collegiate Charter School 7 No Charter K-9 411 0.35
Eagle Academy for Young Men II 6 No Public 6-12 599 0.35

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Eagle Academy for Young Men II 6 No Public 6-12 599 0.35
Achievement First Brownsville Charter School 6 No Charter K-12 1,057 0.54
Brooklyn Collegiate A College Board School 3 No Public 9-12 413 0.54
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.62
Excellence Girls Charter School 5 No Charter K-12 1,050 0.75

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 488 Chauncey Street, Brooklyn

Here are the neighbors for 488 Chauncey Street, Brooklyn, NY 11233.

Address Square feet Purchase date Purchase price
480 Chauncey St, Brooklyn 2,700 07/01/2022
472 Chauncey St, Brooklyn 2,200 03/04/2020 $1,150,000
496 Chauncey St, Brooklyn 2,700
476 Chauncey St, Brooklyn 2,200 04/11/2014 $890,000
490 Chauncey St, Brooklyn 2,700 06/27/2019 $1,100,000
498 Chauncey St, Brooklyn 2,634 05/19/2020
500 Chauncey St, Brooklyn 3,000 10/04/2013 $680,000
38 Rockaway Ave, Brooklyn 4,230 05/12/2014
484 Chauncey St, Brooklyn 2,700 01/27/2014
478 Chauncey St, Brooklyn 2,700 06/19/1996
494 Chauncey St, Brooklyn 2,700 06/09/2022 $1,850,000
42 Rockaway Ave, Brooklyn 2,700 11/03/2023 $1
470 Chauncey St, Brooklyn 2,200 03/18/2003 $325,000
488 A Chauncey St, Brooklyn 2,700 05/08/2017 $1,515,000
492 Chauncey St, Brooklyn 2,700 01/15/1971
482 Chauncey St, Brooklyn 2,700 08/12/2019
40 Rockaway Ave, Brooklyn 2,700 07/29/2005 $415,500
486 Chauncey St, Brooklyn 2,700 11/20/2003 $40,000
480 A Chauncey St, Brooklyn 2,700 11/08/2004 $577,000
474 Chauncey St, Brooklyn 2,200 06/24/2022
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