New York City  »  11205  »  Flushing Ave  »  486 Flushing Ave

486 Flushing Avenue, Brooklyn, NY 11205 - Property report

Also known as: 486 Flushing Ave

Property image for 486 Flushing Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

2024

Lot sq. ft.

4,175

Sale price

$1,220,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
486 Flushing Avenue
Alternate address(es)
486-488 Flushing Ave
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01717-0029

Owner

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Building
Property type
Office with Commercial - 1 to 6 Stories (O5)
Building sq. ft.
17,638
Building dimensions
49.8 ft x 74 ft
Buildings on lot
1
Year built
2024
Building material
Sales
Sale date
06/01/2021
Sale price
$1,220,000
Tax
Tax year
2026-2027
Property tax
$2,197
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 75 ft
Lot sq. ft.
4,175

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
98 /100.  Rider's Paradise
Bike score
77 /100.  Very Bikeable
School district
14
Community district
3
Closest police station
0.67 Miles
Closest fire station
0.38 Miles

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Ownership information for 486 Flushing Avenue, Brooklyn, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 486 Flushing Avenue, Brooklyn, NY 11205

Sale date Sale price Buyer name Seller name
06/01/2021 $1,220,000 XXX XXXXXXXX XXXXXX XXX XXX XXXXXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/19/2025 - R UCC3 Termination
(2025091601091002)
XXX XXXXXXXX XXXXXX XXX XXXXXXX XXXXXXXX XXX
09/19/2025 - R
09/12/2025 - D
Mortgage
(2025091601091007)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXX XX
09/19/2025 - R
09/12/2025 - D
Mortgage
(2025091601091006)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXX XX
09/19/2025 - R
09/12/2025 - D
Agreement
(2025091601091005)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXXXXX XX
09/19/2025 - R
09/03/2025 - D
Assignment, Mortgage
(2025091601091004)
XXXXXXX XXXXXXXX XXX XXXXXX XXXXXX XX
09/19/2025 - R
09/03/2025 - D
Assignment, Mortgage
(2025091601091003)
XXXXXXX XXXXXXXX XXX XXXXXX XXXXXX XX
09/19/2025 - R
09/03/2025 - D
Termination of Assign of L&R
(2025091601091001)
XXXXXX XXX XXX XXXXXXXX XXXXXX XXX
12/13/2023 - R
12/08/2023 - D
Zoning Lot Description
(2023121200489002)
XXX XXXXXXXX XXXXXX XXX
12/13/2023 - R
12/08/2023 - D
Certificate
(2023121200489001)
XXXXXXX XXXXX XXXXXX XXX
09/28/2023 - R UCC3 Termination
(2023091500506008)
XXX XXXXXXXX XXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 486 Flushing Avenue, 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
$2,197
Municipal exemptions
Recent tax assessments
Market value
$45,000
Assessed value
$20,250

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 $45,000 $20,250 $20,250 10.848% $2,197 $2,197 -89.31%
2024/25 $441,000 $198,450 $190,890 10.762% $20,544 $20,544 +3.11%
2023/24 $464,000 $208,800 $188,100 10.592% $19,924 $19,924 +3.97%
2022/23 $424,000 $190,800 $180,000 10.646% $19,163 $19,163 +11.53%
2021/22 $355,000 $159,750 $159,750 10.755% $17,181 $17,181 -3.66%
2020/21 $437,000 $196,650 $166,770 10.694% $17,834 $17,834 +11.02%
2019/20 $410,000 $184,500 $152,460 10.537% $16,065 $16,065 +15.88%
2018/19 $374,000 $168,300 $131,850 10.514% $13,863 $13,863 +15.17%
2017/18 $327,000 $147,150 $114,480 10.514% $12,036 $12,036 +11.43%
2016/17 $305,000 $137,250 $102,150 10.574% $10,801 $10,801 +10.42%

Permit information for 486 Flushing Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/24/2026 No work
07/16/2026 New building
06/02/2026 New building
05/26/2026 Alteration
05/14/2026 New building

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3

Subway & traffic

Closest station
Union Ave & Flushing Ave at SW Corner
Station lines
G
Distance (miles)
0.255

Access the detailed traffic volume map for 486 Flushing Avenue, Brooklyn, NY 11205 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

Frequently asked questions

What is the year built for 486 Flushing Avenue, Brooklyn, NY 11205?

The development at 486 Flushing Avenue, Brooklyn, NY 11205 was built in 2024.

What is the market value of 486 Flushing Avenue, Brooklyn, NY 11205?

The current market value of 486 Flushing Avenue, Brooklyn, NY 11205 is $45,000.

What is the total square footage of 486 Flushing Avenue, Brooklyn, NY 11205?

486 Flushing Avenue, Brooklyn, NY 11205 has a total of 17,638 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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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.

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