| Primary address | 481 Monroe Street |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11221 |
| Borough | Brooklyn |
| Block & lot | 01634-0072 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 01/03/2025 |
| Purchase price | $1,125,000 |
| Tax class | Register |
| Estimated property tax | $10,360 |
| School district | 16 |
| Community district | 3 |
| Closest police station | 0.34 Miles |
| Closest fire station | 0.20 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
481 Monroe Street, Brooklyn, NY 11221 was built in 2019 and has a total of 5,034 square feet.
What is the assessed value of 481 Monroe Street, Brooklyn, NY 11221 and the property tax paid?Assessed at $167,400, the tax amount paid for 481 Monroe Street, Brooklyn, NY 11221 is $10,360. For the next year, the tax amount for 481 Monroe Street, Brooklyn, NY 11221 is estimated at $10,360.
When was 481 Monroe Street, Brooklyn, NY 11221 last sold?481 Monroe Street, Brooklyn, NY 11221 was last sold in 03/12/2025.
How many residential units does this building have?This building has 6 residential unit(s). There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 04/22/2024 |
| Last updated | 01/23/2025 |
| Lot size | 2250 SF |
AA
Summary: Mid-construction opportunity in the Bedford-Stuyvesant neighborhood of Brooklyn. Approved plans for a 4-story, 6-unit condo building. Foundation, concrete, and steel work complete up to third floor. The property is 30% complete and needs $1,000,000 to complete.
May be eligible for 421A Tax Abatement. Budget plan and plans can be provided per request. Asking $1,399,000 ($277 a foot)
Prime Location: This development property represents a compelling investment opportunity. Bedford-Stuyvesant, celebrated for its historic charm, cultural vibrancy, and strategic proximity to downtown Brooklyn and Manhattan, emerges as an appealing choice for astute investors.
Appreciation Potential: Introducing a remarkable development opportunity strategically nestled in the vibrant heart of Bedford-Stuyvesant. This project offers a distinctive investment proposition within Brooklyn's thriving real estate landscape. With approved plans for a 4-story, 6-unit condo building, this property not only provides ample space but also promises versatility for diverse development ventures. Its prime location ensures proximity to essential amenities, excellent transportation links, and a burgeoning community, making it an ideal choice for discerning investors seeking long-term growth potential in Brooklyn's dynamic market.
Excellent Connectivity: Nestled in Bedford-Stuyvesant, this property provides seamless connectivity to subway access, streamlining residents' journeys in Brooklyn. Transportation options include the nearby Gates Av [J,Z] Subway Station.
Proximity to Amenities: Experience unparalleled convenience at this strategically positioned development property, offering discerning investors effortless access to local amenities and shops. Nearby gems include McDonald's, Starbucks, Chase Bank, Burger King, Food Bazaar, TD Bank and Blink Fitness. Collectively, these amenities enhance the overall living experience, fostering a holistic and connected community.
Create a free account to view the complete sales history for 481 Monroe Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 481 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: | $10,360 |
| Estimated property tax: | $10,360 |
| Tax assessor's market value: | $372,000 |
| Assessed value: | $167,400 |
Here's the assessment & property tax history for 481 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 | $372,000 | $167,400 | $83,287 | 12.439% | $10,360 | $10,360 | +13.63% |
| 2024/25 | $349,000 | $157,050 | $72,937 | 12.5% | $9,117 | $9,117 | +5.33% |
| 2023/24 | $324,200 | $145,890 | $69,233 | 12.502% | $8,656 | $8,656 | +10.07% |
| 2022/23 | $324,200 | $145,890 | $64,105 | 12.267% | $7,864 | $7,864 | +60.09% |
| 2021/22 | $278,100 | $125,145 | $40,148 | 12.235% | $4,912 | $4,912 | +174.43% |
The complete history of permits filed for 481 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.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Throop Ave & Fulton St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.509 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Gates Av/Marcus Garvey Bl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.043 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 481 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 | |
| 527 Monroe St, Brooklyn | 12,000 | 06/13/2019 | $5,050,000 |
| 497 Monroe St, Brooklyn | 2,400 | ||
| 204-220 Stuyvesant Ave, Brooklyn | 46,944 | 11/03/1972 | |
| 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 |
| 579 Monroe St, Brooklyn | 2,364 | 04/24/2018 | $1,518,000 |
| 487 Monroe St, Brooklyn | 1,980 | 06/26/2015 | $450,000 |
| 473 Monroe St, Brooklyn | 1,500 | 12/09/2024 | $1,550,000 |
| 469 Monroe St, Brooklyn | 1,500 | 09/28/2012 | $592,360 |
| 489 Monroe St, Brooklyn | 3,600 | 03/09/2020 | $1,550,000 |
| 483 Monroe St, Brooklyn | 1,639 | 01/29/2014 | $903,000 |
| 485 Monroe St, Brooklyn | 2,520 | 05/22/2023 | $2,250,000 |
| 477 Monroe St, Brooklyn | 1,620 | 11/16/2020 | |
| 577 Monroe St, Brooklyn | 2,364 | 12/20/2000 | |
| 499 Monroe St, Brooklyn | 2,301 | 02/14/1996 |
