Kings  »  11216  »  Marcus Garvey Blvd  »  488 Marcus Garvey Blvd

488 Marcus Garvey Boulevard, Brooklyn, NY 11216 - Property report

Also known as: 488 Marcus Garvey Blvd

Property image for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216
static Mapbox map

Property type

Elevator Apartment - Semi-Fireproof with Stores (D7)

Year built

2022

Lot sq. ft.

2,037

Sale price

$2,350,000

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
488 Marcus Garvey Boulevard
Alternate address(es)
488-490 Marcus Garvey Blvd
488 Sumner Ave
ZIP code
11216
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01859-0029

Owner

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Building
Property type
Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sq. ft.
12,287
Building dimensions
45 ft x 81 ft
Buildings on lot
1
Stories
6
Year built
2022
Building material
Sales
Sale date
02/06/2019
Sale price
$2,350,000
Tax
Tax year
2026-2027
Property tax
$17,084
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
18
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
45.17 ft x 81.92 ft
Lot sq. ft.
2,037

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
13
Community district
3
Closest police station
0.52 Miles
Closest fire station
0.29 Miles

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

Ownership

Ownership information for 488 Marcus Garvey Boulevard, Brooklyn, NY

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

Sales history for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216

Sale date Sale price Buyer name Seller name
02/06/2019 $2,350,000 XXX XXXXXX XXXXXX XXX XXX XXXXXX XXXXX XXXXXX XXXXXXX XXXXXX XXXXXX XX 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
07/16/2025 - R UCC3 Assignment
(2025071000679003)		 XXX XXXXXX XXXXXX XXX XXX XX XX XXXXXXX X XXX
07/16/2025 - R
05/29/2025 - D		 Asgn of Asgn of L&R
(2025071000679002)		 XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
07/16/2025 - R
05/29/2025 - D		 Assignment, Mortgage
(2025071000679001)		 XX XX XXXXXXX X XXX XX XX XXXX XXXXXX XXXXXX X XXXXX
06/06/2024 - R UCC3 Termination
(2024053000635010)		 XXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXX XXX XXX
06/06/2024 - R UCC3 Termination
(2024053000635009)		 XXX XXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXX XXX XXX
06/06/2024 - R Initial UCC1
(2024053000635006)		 XXX XXXXXX XXXXXX XXX XXX XX XX XXXXXXX XXX XXX
06/06/2024 - R
05/23/2024 - D		 Termination of Assign of L&R
(2024053000635008)		 XXXXXXXXXX XXXXXXX XXX XXX XXX XXXXXX XXXXXX XXX XXX
06/06/2024 - R
05/23/2024 - D		 Termination of Assign of L&R
(2024053000635007)		 XXXXXXXXXX XXXXXXX XXX XXX XXX XXXXXX XXXXXX XXX XXX
06/06/2024 - R
05/23/2024 - D		 Assignment of Leases and Rents
(2024053000635005)		 XXX XXXXXX XXXXXX XXX XXX XX XX XXXXXXX XXX XXX
06/06/2024 - R
05/23/2024 - D		 Agreement
(2024053000635004)		 XXX XXXXXX XXXXXX XXX XXX XX XX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 Marcus Garvey Boulevard, 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
$17,084
Municipal exemptions
Recent tax assessments
Market value
$2,800,000
Assessed value
$1,260,000

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 $2,680,000 $1,206,000 $137,340 12.439% $141,257 $17,084 -87.68%
2024/25 $2,581,000 $1,161,450 $1,109,304 12.5% $138,663 $138,663 +3498.49%
2023/24 $223,000 $100,350 $30,822 12.502% $3,853 $3,853 +41.17%
2022/23 $224,000 $13,440 $13,440 20.309% $2,730 $2,730 -79.03%
2021/22 $269,000 $121,050 $121,050 10.755% $13,019 $13,019 -11.36%
2020/21 $331,000 $148,950 $137,340 10.694% $14,687 $14,687 +6.37%
2019/20 $321,000 $144,450 $131,040 10.537% $13,808 $13,808 n/a
2018/19 $308,000 $138,600 $0 10.514% $13,058 $0 n/a
2017/18 $290,000 $130,500 $0 10.514% $12,405 $0 n/a
2016/17 $276,000 $124,200 $0 10.574% $11,991 $0 n/a
Permits

Permit information for 488 Marcus Garvey Boulevard, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
03/04/2024 Alteration
09/05/2023 Alteration
09/05/2023 Alteration
12/06/2022 Alteration
10/03/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/20/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Throop Ave & Fulton St at NE Corner
Station lines
A-C
Distance (miles)
0.131
View subway map

Access the detailed traffic volume map for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216 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

Neighbors for 488 Marcus Garvey Boulevard, Brooklyn, NY

1589 Fulton St, Brooklyn 1257 Bedford Ave, Brooklyn 3 Albany Ave, Brooklyn 1591 Fulton St, Brooklyn 140 Decatur St, Brooklyn 132 Decatur St, Brooklyn 1255 Bedford Ave, Brooklyn 474 Marcus Garvey Blvd, Brooklyn 134 Decatur St, Brooklyn 1 Albany Ave, Brooklyn 138 Decatur St, Brooklyn 1583 Fulton St, Brooklyn 472 Marcus Garvey Blvd, Brooklyn 136 Decatur St, Brooklyn 1587 Fulton St, Brooklyn 476 Marcus Garvey Blvd, Brooklyn 1192 Fulton St, Brooklyn

Nearby ZIP codes for 488 Marcus Garvey Boulevard, Brooklyn, NY

10002, New York City, NY 11201, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216?

The development at 488 Marcus Garvey Boulevard, Brooklyn, NY 11216 was built in 2022.

What is the market value of 488 Marcus Garvey Boulevard, Brooklyn, NY 11216?

The current market value of 488 Marcus Garvey Boulevard, Brooklyn, NY 11216 is $2,800,000.

What is the total square footage of 488 Marcus Garvey Boulevard, Brooklyn, NY 11216?

488 Marcus Garvey Boulevard, Brooklyn, NY 11216 has a total of 12,287 square feet.

What is the price per square foot for this property?

$191 per square foot is the price for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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