New York City » 11205 » Myrtle Ave » 487 Myrtle Ave

487 Myrtle Avenue, Brooklyn, NY 11205 - Property report

Also known as: 487 Myrtle Ave

Property image for 487 Myrtle Avenue, Brooklyn, NY 11205

Property type

Primarily Three Family with One Store or Office (S3)

Year built

1958

Lot sq. ft.

1,680

Sale price

$1,600,000

General information

Address

Primary address

487 Myrtle Avenue

ZIP code

11205

Neighborhood

Clinton Hill

Borough

Brooklyn

Block & lot

01891-0083

Building

Property type

Primarily Three Family with One Store or Office (S3)

Building sq. ft.

4,478

Building dimensions

20 ft x 35 ft

Buildings on lot

Stories

Year built

1958

Building material

Sales

Sale date

07/10/2014

Sale price

$1,600,000

Tax

Tax year

2026-2027

Property tax

$28,743

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

20 ft x 84 ft

Lot sq. ft.

1,680

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

98 /100. Biker's Paradise

School district

Community district

Closest police station

0.35 Miles

Closest fire station

0.38 Miles

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

Ownership

Ownership information for 487 Myrtle Avenue, 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 487 Myrtle Avenue, Brooklyn, NY 11205

Sale date	Sale price	Buyer name	Seller name
07/10/2014	$1,600,000	XXXXX, XXXXXXX XXX XXXXX, XXXXXXX	XXXXXX, XXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/12/2022 - R	Initial UCC1 (2022051100411002)	XXX XXXXXX XXXXX XXX	XXXXXXXX XXXX
05/12/2022 - R	UCC3 Termination (2022051100411001)	XXXXX XXXXXXX	XXXXXXXX XXXX
05/12/2022 - R 04/12/2022 - D	Assignment of Leases and Rents (2022051100411006)	XXX XXXXXX XXXXX XXX	XXXXXXXX XXXX
05/12/2022 - R 04/12/2022 - D	Agreement (2022051100411005)	XXX XXXXXX XXXXX XXX	XXXXXXXX XXXX
05/12/2022 - R 04/12/2022 - D	Mortgage (2022051100411004)	XXX XXXXXX XXXXX XXX	XXXXXXXX XXXX
05/12/2022 - R 04/11/2022 - D	Termination of Assign of L&R (2022051100411003)	XXXXXXXX XXXX	XXXXX XXXXXXX
04/02/2019 - R	UCC3 Continuation (2019022500929001)	XXXXX XXXXXXX	XXXXXXXX XXXX
12/26/2014 - R 12/12/2014 - D	Zoning Lot Description (2014121700736001)	XXX XXXXXX XXXX XXX
12/26/2014 - R 12/11/2014 - D	Certificate (2014121700736002)	XXXXX XXXXXXXX XXXX
09/05/2014 - R 07/29/2014 - D	Satisfaction of Mortgage (2014090300078001)	XXXXXX XXXXX	XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 487 Myrtle 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

$28,743

Municipal exemptions

Recent tax assessments

Market value

$2,292,000

Assessed value

$1,031,400

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	$1,910,000	$859,500	$216,688	12.439%	$26,954	$26,954	+6.03%
2024/25	$1,592,000	$716,400	$203,364	12.5%	$25,421	$25,421	+6.44%
2023/24	$1,478,000	$665,100	$191,027	12.502%	$23,882	$23,882	+1.92%
2022/23	$1,232,000	$554,400	$191,027	12.267%	$23,433	$23,433	+7.75%
2021/22	$985,000	$443,250	$177,750	12.235%	$21,748	$21,748	+6.36%
2020/21	$1,080,000	$486,000	$166,683	12.267%	$20,447	$20,447	+4.79%
2019/20	$1,021,200	$459,540	$156,434	12.473%	$19,512	$19,512	+5.28%
2018/19	$851,000	$382,950	$146,944	12.612%	$18,533	$18,533	-0.84%
2017/18	$800,000	$360,000	$146,944	12.719%	$18,690	$18,690	+26.11%
2016/17	$599,000	$269,550	$114,957	12.892%	$14,820	$14,820	+8.07%

Permits

Permit information for 487 Myrtle Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
10/08/2015	Alteration type 3
08/04/2015	Alteration type 2
08/03/2015	Alteration type 3
11/12/2014	Alteration type 1
11/10/2014	Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	02/24/2017	Lblvio-low pressure boiler
	09/23/2015	Aeuhaz1-fail to certify class 1
	01/19/2007	Ll6291-local law 62/91 - boilers

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Washington Ave & Lafayette Ave at NE Corner

Station lines

Distance (miles)

0.361

View subway map

Access the detailed traffic volume map for 487 Myrtle 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

Neighbors for 487 Myrtle Avenue, Brooklyn, NY

125 Ryerson St, Brooklyn 497 Myrtle Ave, Brooklyn 130 Ryerson St, Brooklyn 485 Myrtle Ave, Brooklyn 127 Ryerson St, Brooklyn 123 Ryerson St, Brooklyn 121 Ryerson St, Brooklyn 115 Ryerson St, Brooklyn 489 Myrtle Ave, Brooklyn 499 Myrtle Ave, Brooklyn 124 Ryerson St, Brooklyn 483 Myrtle Ave, Brooklyn 119 Ryerson St, Brooklyn 132 Ryerson St, Brooklyn 128 Ryerson St, Brooklyn 126 Ryerson St, Brooklyn 117 Ryerson St, Brooklyn 129 Ryerson St, Brooklyn

Frequently asked questions

What is the year built for 487 Myrtle Avenue, Brooklyn, NY 11205?

The development at 487 Myrtle Avenue, Brooklyn, NY 11205 was built in 1958.

What is the market value of 487 Myrtle Avenue, Brooklyn, NY 11205?

The current market value of 487 Myrtle Avenue, Brooklyn, NY 11205 is $2,292,000.

What is the total square footage of 487 Myrtle Avenue, Brooklyn, NY 11205?

487 Myrtle Avenue, Brooklyn, NY 11205 has a total of 4,478 square feet.

What is the price per square foot for this property?

$357 per square foot is the price for 487 Myrtle Avenue, Brooklyn, NY 11205.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.