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489 Monroe Street, Brooklyn, NY 11221 Property Information

489 Monroe Street, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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489 Monroe Street, Brooklyn, NY 11221 1
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Address

Primary address 489 Monroe Street
Neighborhood Bedford-Stuyvesant
Zip code 11221
Borough Brooklyn
Block & lot 01634-0067

Sales & Tax Overview for 489 Monroe Street, Brooklyn

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

Purchase date 03/09/2020
Purchase price $1,550,000
Tax class
Estimated property tax $7,757

Lot & Building Information for 489 Monroe Street, Brooklyn

Lot sqft 1,765
Lot dimensions 20 ft x 88.25 ft
Building class Four Families (C3) i
Building sqft 3,600
Building dimensions 20 ft x 50 ft
Buildings on lot 1
Stories 4
Structure type Walk-up apartment
Building material Stone
Year built 1931
Year last altered 2016
Frontage(s) Monroe Street (narrow)
Nearest wide street Marcus Garvey Boulevard
Distance to wide street
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Zoning & Use for 489 Monroe Street, Brooklyn

Zoning
Residential units (DOF) 4
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 16
Community district 3
Closest police station 0.35 Miles
Closest fire station 0.19 Miles

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

Other Property Data for 489 Monroe Street, Brooklyn

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Floor area ratio (FAR) for 489 Monroe Street, Brooklyn, NY 11221, 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 489 Monroe Street, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 489 Monroe Street, Brooklyn

What is the year built & the total sq. ft. for 489 Monroe Street, Brooklyn, NY 11221?

489 Monroe Street, Brooklyn, NY 11221 was built in 1931 and has a total of 3,600 square feet.

What is the assessed value of 489 Monroe Street, Brooklyn, NY 11221 and the property tax paid?

Assessed at $257,850, the tax amount paid for 489 Monroe Street, Brooklyn, NY 11221 is $7,757. For the next year, the tax amount for 489 Monroe Street, Brooklyn, NY 11221 is estimated at $7,757.

When was 489 Monroe Street, Brooklyn, NY 11221 last sold and what was the last sale price?

489 Monroe Street, Brooklyn, NY 11221 was last sold in 03/09/2020 for $1,550,000.

How many residential units does this building have?

This building has 4 residential unit(s).

Ownership Information for 489 Monroe Street, Brooklyn

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Property owner name for 489 Monroe Street, Brooklyn, NY 11221
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Building contacts for 489 Monroe Street, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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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 489 Monroe Street, Brooklyn

Create a free account to view the complete sales history for 489 Monroe Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
03/09/2020 $1,550,000
09/03/2013 $637,500
10/21/2008 $885,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 489 Monroe Street, 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
04/14/2020 - D
07/22/2020 - R
Release
(2020072200102001)
03/09/2020 - D
04/03/2020 - R
Mortgage
(2020031600637002)
03/09/2020 - D
04/03/2020 - R
Deed
(2020031600637001)
01/10/2020 - D
01/22/2020 - R
Discharge of Tax Lien
(2020011700639001)
01/08/2020 - D
01/22/2020 - R
Termination of Assign of L&R
(2020011700772001)
03/27/2019 - D
04/03/2019 - R
Satisfaction of Mortgage
(2019032700410001)
03/18/2019 - D
04/01/2019 - R
Agreement
(2019040100779004)
03/18/2019 - D
04/01/2019 - R
Mortgage
(2019040100779003)
03/15/2019 - D
04/01/2019 - R
Assignment, Mortgage
(2019040100779002)
03/04/2019 - D
04/01/2019 - R
Assignment, Mortgage
(2019040100779001)
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R: Recorded date
D: Document date

Property Taxes for 489 Monroe Street, Brooklyn

Access detailed property tax data for 489 Monroe Street, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $7,758
Estimated property tax: $7,757
Tax assessor's market value: $573,000
Assessed value: $257,850

Assessment History for 489 Monroe Street, Brooklyn

Here's the assessment & property tax history for 489 Monroe 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 $573,000 $257,850 $62,368 12.439% $7,758 $7,758 +2.71%
2024/25 $477,600 $214,920 $60,427 12.5% $7,553 $7,553 +7.98%
2023/24 $398,000 $179,100 $55,953 12.502% $6,995 $6,995 +10.07%
2022/23 $391,000 $175,950 $51,810 12.267% $6,356 $6,356 +8.27%
2021/22 $367,700 $165,465 $47,975 12.235% $5,870 $5,870 -0.26%

Permits for 489 Monroe Street, Brooklyn

The complete history of permits filed for 489 Monroe 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
11/12/2015 Alteration type 1
10/05/2015 Alteration type 2
10/02/2015 Alteration type 3
09/18/2015 Subdivision: improved
09/18/2015 Alteration type 1
09/17/2015 New building
01/29/2015 Alteration type 1
01/29/2015 Subdivision: improved
01/27/2015 New building
11/18/2014 Full demolition
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Bedford-Stuyvesant Residential Market Stats

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

Median Sale Price
$840,000
-1.2% YoY
Median Price/Sqft
$903
1.2% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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 Throop Ave & Fulton St at NE Corner
Station lines A-C
Distance (miles) 0.514
View subway map
Bus Routes
Name Gates Av/Marcus Garvey Bl
Line B52
Distance (miles) 0.056

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 308 Clara Cardwell 3 Yes Public PK, K-8 212 0.15
P.S. 308 Clara Cardwell 3 Yes Public PK, K-8 212 0.15
The Co-Op School NR No Private K-7 118 0.08
Ember Charter School 7 No Charter K-12 423 0.15
P.S. 44 Marcus Garvey 3 No Public PK, K-5 119 0.19

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
The Co-Op School NR No Private K-7 118 0.08
Ember Charter School 7 No Charter K-12 423 0.15
P.S. 308 Clara Cardwell 3 No Public PK, K-8 212 0.15
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.19
Uncommon Bed-Stuy East Middle School 7 No Charter 5-8 342 0.29

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Boys and Girls High School 2 Yes Public 9-12 403 0.66
Ember Charter School 7 No Charter K-12 423 0.15
Unity Prep Charter School of Brooklyn 6 No Charter 6-12 558 0.19
Mount Pleasant Christian Academy NR No Private 1-12 0 0.37
Mt Pleasant Christian Academy NR No Private PK-12 10 0.38

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

Neighbors for 489 Monroe Street, Brooklyn

Here are the neighbors for 489 Monroe Street, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
471 Monroe St, Brooklyn 1,500 06/27/1995
467 Monroe St, Brooklyn 4,000 07/25/2025
497 Monroe St, Brooklyn 2,400
493 Monroe St, Brooklyn 10,000
501 Monroe St, Brooklyn 2,301 09/05/2018
503 Monroe St, Brooklyn 2,301 12/23/2004
505 Monroe St, Brooklyn 2,301 07/28/2020 $1,400,000
487 Monroe St, Brooklyn 1,980 06/26/2015 $450,000
481 Monroe St, Brooklyn 5,034 03/12/2025
507 Monroe St, Brooklyn 2,301 12/04/2005
473 Monroe St, Brooklyn 1,500 12/09/2024 $1,550,000
469 Monroe St, Brooklyn 1,500 09/28/2012 $592,360
505 A Monroe St, Brooklyn 2,301 12/15/2025 $2,550,000
483 Monroe St, Brooklyn 1,639 01/29/2014 $903,000
509 Monroe St, Brooklyn 2,301 12/01/2004 $445,500
485 Monroe St, Brooklyn 2,520 05/22/2023 $2,250,000
511 Monroe St, Brooklyn 3,068 04/01/2024 $2,220,000
477 Monroe St, Brooklyn 1,620 11/16/2020
499 Monroe St, Brooklyn 2,301 02/14/1996
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