New York City » 11221 » Monroe St » 489 Monroe St

489 Monroe Street, Brooklyn, NY 11221 - Property report

Also known as: 489 Monroe St

Property image for 489 Monroe Street, Brooklyn, NY 11221

Property type

Four Families (C3)

Year built

1931

Lot sq. ft.

1,765

Sale price

$1,550,000

General information

Address

Primary address

489 Monroe Street

ZIP code

11221

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01634-0067

Building

Property type

Four Families (C3)

Building sq. ft.

3,600

Building dimensions

20 ft x 50 ft

Buildings on lot

Stories

Year built

1931

Last altered

2016

Building material

Stone

Exterior wall

None

Basement

Sales

Sale date

03/09/2020

Sale price

$1,550,000

Tax

Tax year

2026-2027

Property tax

$7,758

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)

Monroe Street (narrow)

Nearest wide street

Marcus Garvey Boulevard

Distance to wide street

Lot dimensions

20 ft x 88.25 ft

Lot sq. ft.

1,765

Area overview

Walk score

87 /100. Very Walkable

Transit score

98 /100. Rider's Paradise

Bike score

74 /100. Very Bikeable

School district

Community district

Closest police station

0.35 Miles

Closest fire station

0.19 Miles

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

Ownership

Ownership information for 489 Monroe 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 489 Monroe Street, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
03/09/2020	$1,550,000	XXX XX XXXXXX XXX	XXX XXXXXX XXXXX XXX
09/03/2013	$637,500	XXXXXXXX XXXXXX XXXXX XXX	XXXXXX, XXXXXX
10/21/2008	$885,000	XXXXXX, XXXXXX	XXXXXXXX XXXXXXXXXXX XXXXXXXXXXX XXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
07/22/2020 - R 04/14/2020 - D	Release (2020072200102001)	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
04/03/2020 - R 03/09/2020 - D	Mortgage (2020031600637002)	XXX XX XXXXXX XXX	XXXX
04/03/2020 - R 03/09/2020 - D	Deed (2020031600637001)	XXX XXXXXX XXXXX XXX	XXX XX XXXXXX XXX
01/22/2020 - R 01/10/2020 - D	Discharge of Tax Lien (2020011700639001)	XXX XXXX XX XXX XXXX XXXXXX
01/22/2020 - R 01/08/2020 - D	Termination of Assign of L&R (2020011700772001)	XXXXXXX XXXXXXX XXXXXXX XX XXX	XXXXXXXX XXXXXX XXXXX XXX
04/03/2019 - R 03/27/2019 - D	Satisfaction of Mortgage (2019032700410001)	XXXXX XXXXXX	XXXX
04/01/2019 - R 03/18/2019 - D	Agreement (2019040100779004)	XXX XXXXXX XXXXX XXX	XXXX
04/01/2019 - R 03/18/2019 - D	Mortgage (2019040100779003)	XXX XXXXXX XXXXX XXX	XXXX
04/01/2019 - R 03/15/2019 - D	Assignment, Mortgage (2019040100779002)	XXXXXXX XXXXXXXXX XXX	XX XXXX XXXXX XXX
04/01/2019 - R 03/04/2019 - D	Assignment, Mortgage (2019040100779001)	XXXX	XX XXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 489 Monroe 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

$7,758

Municipal exemptions

Recent tax assessments

Market value

$688,000

Assessed value

$309,600

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	$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%
2020/21	$357,000	$160,650	$47,975	12.267%	$5,885	$5,885	+1.51%
2019/20	$332,400	$149,580	$46,482	12.473%	$5,798	$5,798	+6.80%
2018/19	$277,000	$124,650	$43,041	12.612%	$5,428	$5,428	+7.09%
2017/18	$266,525	$119,936	$39,854	12.719%	$5,069	$5,069	-34.83%
2016/17	$277,000	$124,650	$60,333	12.892%	$7,778	$7,778	+0.07%

Permits

Permit information for 489 Monroe Street, Brooklyn, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	11/21/2023	I
	03/01/2022	I
	03/01/2022	A

*Most recent HPD violations on record for this property.

Neighborhood

Stuyvesant Heights residential market stats

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

Median sale price

—

Median price/sq. ft.

—

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

Throop Ave & Fulton St at NE Corner

Station lines

A-C

Distance (miles)

0.514

View subway map

Access the detailed traffic volume map for 489 Monroe Street, Brooklyn, NY 11221 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)
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
P.S. 44 Marcus Garvey	3	No	Public	PK, K-5	119	0.19
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.29
La Cima Charter School	5	No	Charter	K-5	199	0.29
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.34
P.S. 25 Eubie Blake School	3	No	Public	PK, K-5	60	0.34

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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
Ms 267 Math Science And Technology	5	No	Public	6-8	149	0.29
Uncommon Bed-Stuy East Middle School	7	No	Charter	5-8	342	0.29
Success Academy Charter School-Nyc 9	9	No	Charter	5-8	232	0.34
Mount Pleasant Christian Academy	NR	No	Private	1-12	0	0.37
Mt Pleasant Christian Academy	NR	No	Private	PK-12	10	0.38
Jhs 57 Whitelaw Reid	3	No	Public	6-8	100	0.38

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
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
The Brooklyn Academy Of Global Finance	3	No	Public	9-12	190	0.38
Brooklyn Emerging Leaders Academy Charter School	2	No	Charter	9-12	236	0.38
P.S. 140	NR	No	Public	K-10	318	0.54
Leadership Preparatory Bedford Stuyvesant Charter School	6	No	Charter	K-12	1,186	0.54
Brooklyn Academy High School	NR	No	Public	10-12	82	0.54

Neighbors for 489 Monroe Street, Brooklyn, NY

471 Monroe St, Brooklyn 467 Monroe St, Brooklyn 497 Monroe St, Brooklyn 493 Monroe St, Brooklyn 501 Monroe St, Brooklyn 503 Monroe St, Brooklyn 505 Monroe St, Brooklyn 487 Monroe St, Brooklyn 481 Monroe St, Brooklyn 507 Monroe St, Brooklyn 473 Monroe St, Brooklyn 469 Monroe St, Brooklyn 505 A Monroe St, Brooklyn 483 Monroe St, Brooklyn 509 Monroe St, Brooklyn 485 Monroe St, Brooklyn 511 Monroe St, Brooklyn 477 Monroe St, Brooklyn 499 Monroe St, Brooklyn

Frequently asked questions

What is the year built for 489 Monroe Street, Brooklyn, NY 11221?

The development at 489 Monroe Street, Brooklyn, NY 11221 was built in 1931.

What is the total square footage of 489 Monroe Street, Brooklyn, NY 11221?

489 Monroe Street, Brooklyn, NY 11221 has a total of 3,600 square feet.

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

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

What is the assessed value of 489 Monroe Street, Brooklyn, NY 11221?

489 Monroe Street, Brooklyn, NY 11221 is currently assessed at $309,600.

What are the property taxes for 489 Monroe Street, Brooklyn, NY 11221?

The property taxes for 489 Monroe Street, Brooklyn, NY 11221 total $7,757.

How many residential units does this building have?

This building has 4 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.