New York City » 11233 » Marion St » 488 Marion St

488 Marion Street, Brooklyn, NY 11233 - Property report

Also known as: 488 Marion St

Property image for 488 Marion Street, Brooklyn, NY 11233

Property type

Three Families (C0)

Year built

1899

Lot sq. ft.

2,000

Sale price

$523,900

General information

Address

Primary address

488 Marion Street

ZIP code

11233

Neighborhood

Ocean Hill

Borough

Brooklyn

Block & lot

01522-0027

Building

Property type

Three Families (C0)

Building sq. ft.

2,700

Building dimensions

20 ft x 45 ft

Buildings on lot

Stories

Year built

1899

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

05/23/2012

Sale price

$523,900

Tax

Tax year

2026-2027

Property tax

$4,658

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Marion Street (narrow)

Nearest wide street

Broadway

Distance to wide street

Lot dimensions

20 ft x 100 ft

Lot sq. ft.

2,000

Area overview

Walk score

86 /100. Very Walkable

Transit score

100 /100. Rider's Paradise

Bike score

57 /100. Bikeable

School district

Community district

Closest police station

0.74 Miles

Closest fire station

0.09 Miles

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

Ownership

Ownership information for 488 Marion Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 488 Marion Street, Brooklyn, NY 11233

Sale date	Sale price	Buyer name	Seller name
05/23/2012	$523,900	XXXXXXX, XXXXX	XXXXXXX XXX
09/14/2010	$200,000	XXXXXXX XXX	XXX, XXXXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/16/2022 - R 02/17/2022 - D	Agreement (2022030400224003)	XXXXXXX XXXXX	XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
03/16/2022 - R 02/17/2022 - D	Mortgage (2022030400224002)	XXXXXXX XXXXX	XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
03/16/2022 - R 12/31/2021 - D	Assignment, Mortgage (2022030400224001)	XXXXX XXXXX XXXX X X	XXXX XXXXX XXXXXXXXX XXXXXXXXXXX
01/06/2016 - R 05/21/2015 - D	Discharge of Tax Lien (2015122800301001)	XXX XXXX XX XXX XXXX XXXXXX
06/22/2012 - R	UCC3 Termination (2012061200600005)	XXXXXXX XXX	XXXX XXXXXXX XXX
06/22/2012 - R 05/23/2012 - D	Mortgage (2012061200600002)	XXXXXXX XXXXX	XXXXX XXXXX XXXX XX
06/22/2012 - R 05/23/2012 - D	Deed (2012061200600001)	XXXXXXX XXX	XXXXXXX XXXXX
06/22/2012 - R 05/22/2012 - D	Termination of Assign of L&R (2012061200600004)	XXXXXXX XXX	XXXX XXXXXXX XXX
06/22/2012 - R 05/22/2012 - D	Satisfaction of Mortgage (2012061200600003)	XXXXXXX XXX	XXXX XXXXXXX XXX
04/11/2012 - R 02/21/2012 - D	Discharge of Tax Lien (2012040300413003)	XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 Marion Street, 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

$4,658

Municipal exemptions

Recent tax assessments

Market value

$1,457,000

Assessed value

$87,420

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	$1,108,000	$66,480	$23,467	19.843%	$4,657	$4,657	-0.14%
2024/25	$1,228,000	$73,680	$23,216	20.085%	$4,663	$4,663	+5.89%
2023/24	$1,287,000	$77,220	$21,924	20.085%	$4,403	$4,403	+4.71%
2022/23	$1,410,000	$84,600	$20,707	20.309%	$4,205	$4,205	+7.69%
2021/22	$1,191,000	$71,460	$19,560	19.963%	$3,905	$3,905	-5.12%
2020/21	$1,178,000	$70,680	$19,556	21.045%	$4,116	$4,116	+0.50%
2019/20	$1,086,000	$65,160	$19,347	21.167%	$4,095	$4,095	+7.15%
2018/19	$834,000	$50,040	$18,270	20.919%	$3,822	$3,822	+8.65%
2017/18	$887,000	$53,220	$17,256	20.385%	$3,518	$3,518	+7.95%
2016/17	$774,000	$46,440	$16,300	19.991%	$3,259	$3,259	+2.25%

Permits

Permit information for 488 Marion Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
03/02/2012	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	04/11/2024	A
	11/22/2023	I
	03/23/2023	A

*Most recent HPD violations on record for this property.

Neighborhood

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

$615,000

-17.7% Y-o-Y

Median price/sq. ft.

$799

-1.8% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Moffat St & Broadway at NW Corner

Station lines

J-Z

Distance (miles)

0.138

View subway map

Access the detailed traffic volume map for 488 Marion Street, Brooklyn, NY 11233 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn Landmark Elementary School	8	No	Public	PK, K-5	404	0.10
Brooklyn Landmark Elementary School	8	No	Public	PK, K-5	404	0.10
Our Lady of Lourdes School	NR	No	Private	PK, K-8	0	0.17
Our Lady of Lourdes School	NR	No	Private	PK, K-8	0	0.17
P.S. Is 155 Nicholas Herkimer	7	No	Public	PK, K-8	296	0.29
P.S. Is 155 Nicholas Herkimer	7	No	Public	PK, K-8	296	0.29
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.35
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.35
P.S. Is 137 Rachael Jean Mitchell	6	No	Public	PK, K-5	141	0.36
P.S. Is 137 Rachael Jean Mitchell	6	No	Public	PK, K-5	141	0.36

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Brooklyn Environmental Exploration	3	No	Public	6-8	165	0.10
Our Lady of Lourdes School	NR	No	Private	PK, K-8	0	0.17
P.S. Is 155 Nicholas Herkimer	7	No	Public	PK, K-8	296	0.29
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.35
Ocean Hill Collegiate Charter School	7	No	Charter	K-9	411	0.43
Eagle Academy for Young Men II	6	No	Public	6-12	599	0.43
People's Elementary School	NR	No	Private	PK-8	435	0.45
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.48
Evergreen Middle School-Urban Exploration	4	No	Public	6-8	342	0.50
P.S. 178 Saint Clair Mckelway	4	No	Public	PK, K-8	280	0.53

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Eagle Academy for Young Men II	6	No	Public	6-12	599	0.43
Achievement First Brownsville Charter School	6	No	Charter	K-12	1,057	0.55
Brooklyn Collegiate A College Board School	3	No	Public	9-12	413	0.55
Leadership Preparatory Ocean Hill Charter School	6	No	Charter	K-12	1,202	0.67
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.74
Charles Churn Christian Academy	NR	No	Private	PK-12	117	0.83
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.88
W H Maxwell Career and Technical Education High School	2	No	Public	9-12	408	0.91
Bushwick Community High School	2	No	Public	9-12	86	1.00
Math, Eng, Science Academy Charter High	5	No	Charter	9-12	515	1.00

Frequently asked questions

What is the year built for 488 Marion Street, Brooklyn, NY 11233?

The development at 488 Marion Street, Brooklyn, NY 11233 was built in 1899.

What is the total square footage of 488 Marion Street, Brooklyn, NY 11233?

488 Marion Street, Brooklyn, NY 11233 has a total of 2,700 square feet.

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

488 Marion Street, Brooklyn, NY 11233 was last sold on 05/23/2012 for $523,900.

What is the assessed value of 488 Marion Street, Brooklyn, NY 11233?

488 Marion Street, Brooklyn, NY 11233 is currently assessed at $87,420.

What are the property taxes for 488 Marion Street, Brooklyn, NY 11233?

The property taxes for 488 Marion Street, Brooklyn, NY 11233 total $4,657.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.