488 Marcus Garvey Boulevard, Brooklyn, NY 11216 Property Information
488 Marcus Garvey Boulevard, Brooklyn, NY 11216 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 488 Marcus Garvey Boulevard |
| Secondary address | 488-490 Marcus Garvey Blvd |
| Neighborhood | Bedford-Stuyvesant |
| Zip code | 11216 |
| Borough | Brooklyn |
| Block & lot | 01859-0029 |
Sales & Tax Overview for 488 Marcus Garvey Boulevard, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 02/06/2019 |
| Purchase price | $2,350,000 |
| Tax class | Register |
| Estimated property tax | $17,083 |
Lot & Building Information for 488 Marcus Garvey Boulevard, Brooklyn
| Lot sqft | 2,037 |
| Lot dimensions | |
| Building class | Elevator Apartment - Semi-Fireproof with Stores (D7)
|
| Building sqft | 12,287 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 6 |
| Year built | 2022 |
Area Overview
| School district | 13 |
| Community district | 3 |
| Closest police station | 0.52 Miles |
| Closest fire station | 0.29 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 488 Marcus Garvey Boulevard, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 488-490 Marcus Garvey Blvd, Brooklyn, NY 11216
About 488 Marcus Garvey Boulevard, Brooklyn
This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 488 Marcus Garvey Boulevard, Brooklyn, NY 11216 has a total of 12,287 square feet and a current price per square foot of $191.
What is the year built & the current market value of 488 Marcus Garvey Boulevard, Brooklyn, NY 11216?488 Marcus Garvey Boulevard, Brooklyn, NY 11216 was built in 2022 and has a current tax assessor's market value of $2,680,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 488 Marcus Garvey Boulevard, Brooklyn
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Past Sales & Property History for 488 Marcus Garvey Boulevard, Brooklyn
Create a free account to view the complete sales history for 488 Marcus Garvey Boulevard, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 02/06/2019 | $2,350,000 | Register | Register |
Title Documents for 488 Marcus Garvey Boulevard, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 488 Marcus Garvey Boulevard, Brooklyn
Access detailed property tax data for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $17,084 |
| Estimated property tax: | $17,083 |
| Tax assessor's market value: | $2,680,000 |
| Assessed value: | $1,206,000 |
| Exemptions granted by city: | Register |
Assessment History for 488 Marcus Garvey Boulevard, Brooklyn
Here's the assessment & property tax history for 488 Marcus Garvey Boulevard, 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 | $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% |
Permits for 488 Marcus Garvey Boulevard, Brooklyn
The complete history of permits filed for 488 Marcus Garvey Boulevard, 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.
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Brooklyn Commercial Market Stats
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.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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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) | 0.131 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Fulton St/Marcus Garvey Bl | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 488 Marcus Garvey Boulevard, Brooklyn
Here are the neighbors for 488 Marcus Garvey Boulevard, Brooklyn, NY 11216.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1589 Fulton St, Brooklyn | 3,410 | 01/01/2021 | |
| 1257 Bedford Ave, Brooklyn | 3,360 | 01/30/2013 | $10,000 |
| 3 Albany Ave, Brooklyn | 3,000 | 10/21/2020 | $15,000,000 |
| 1591 Fulton St, Brooklyn | 1,145 | 02/20/2002 | |
| 140 Decatur St, Brooklyn | 1,440 | 04/01/2005 | $356,300 |
| 132 Decatur St, Brooklyn | 3,600 | 09/17/2024 | $1,875,000 |
| 1255 Bedford Ave, Brooklyn | 8,400 | 02/26/2019 | $1,300,000 |
| 474 Marcus Garvey Blvd, Brooklyn | 2,904 | 08/28/2024 | |
| 134 Decatur St, Brooklyn | 3,600 | 09/01/2021 | $1,650,000 |
| 1 Albany Ave, Brooklyn | 3,336 | 10/21/2020 | $15,000,000 |
| 138 Decatur St, Brooklyn | 2,880 | 08/22/2001 | |
| 1583 Fulton St, Brooklyn | 2,640 | 08/09/2002 | |
| 472 Marcus Garvey Blvd, Brooklyn | 7,698 | 10/05/2012 | |
| 136 Decatur St, Brooklyn | 3,600 | 12/06/2019 | |
| 1587 Fulton St, Brooklyn | 5,202 | 07/02/2015 | $1,300,000 |
| 476 Marcus Garvey Blvd, Brooklyn | 9,800 | 03/16/2001 | |
| 1192 Fulton St, Brooklyn | 22,505 | 10/11/2005 |