Kings  »  11205  »  Lafayette Ave  »  488 Lafayette Ave

488 Lafayette Avenue, Brooklyn, NY 11205 - Property report

Also known as: 488 Lafayette Ave

Property image for 488 Lafayette Avenue, Brooklyn, NY 11205
static Mapbox map

Property type

Health Center, Child Center, Clinic (I5)

Year built

1956

Lot sq. ft.

2,160

General information

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Address
Primary address
488 Lafayette Avenue
ZIP code
11205
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01950-0030

Owner

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Building
Property type
Health Center, Child Center, Clinic (I5)
Building sq. ft.
2,160
Building dimensions
36 ft x 60 ft
Buildings on lot
1
Stories
1
Year built
1956
Last altered
2016
Building material
Tax
Tax year
2026-2027
Property tax
$33,838
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
36 ft x 60 ft
Lot sq. ft.
2,160

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
94 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
13
Community district
3
Closest police station
0.25 Miles
Closest fire station
0.35 Miles

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Ownership information for 488 Lafayette Avenue, Brooklyn, NY

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

Sales history for 488 Lafayette Avenue, Brooklyn, NY 11205

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/27/2026 - D
02/27/2026 - R
Certificate
(2026022700357002)
XXX XXXXXXXXX XXXXXXXX XXX
02/27/2026 - D
02/27/2026 - R
Zoning Lot Description
(2026022700357001)
XXX XXXXXXXXX XXXXXXXX XXX
03/08/2002 - R Discharge of Tax Lien
(3710008043671)
XXXX XX XXX XXXX
03/08/2002 - R Discharge of Tax Lien
(3920008045792)
XXXX XX XXX XXXX
11/07/2001 - R
10/03/2001 - D
Deed
(3230007876223)
XXXXXX XXXXXX XXXX XXXXXX XXXXX XXXXXXXXXXX
08/08/2001 - R Tax Lien Sale Certificate
(3290007769029)
XXXX XX XXX XXXX XXXX XX XXX XXXX
05/16/2000 - R Sundry Miscellaneous
(3990007160499)
XXXX XX XXX XXXX XXXX XX XXX XXXX
02/24/2000 - R Discharge of Tax Lien
(3790007097679)
XXXX XX XXX XXXX
01/27/2000 - R Assignment, Mortgage
(3220007036422)
XXXXXXX XXXXXXX XXXX XXXXXXXX XXXXXXX
06/29/1999 - R Tax Lien Sale Certificate
(FT_3290006664929)
XXXX XX XXX XXXX XXXX XX XXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 488 Lafayette 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
$33,838
Municipal exemptions
Recent tax assessments
Market value
$774,000
Assessed value
$348,300

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 $755,000 $339,750 $287,270 10.848% $31,163 $31,163 -3.73%
2024/25 $744,000 $334,800 $300,780 10.762% $32,370 $32,370 +2.96%
2023/24 $729,000 $328,050 $296,820 10.592% $31,439 $31,439 +4.90%
2022/23 $687,000 $309,150 $281,530 10.646% $29,972 $29,972 +5.21%
2021/22 $630,000 $283,500 $264,880 10.755% $28,488 $28,488 +8.72%
2020/21 $776,000 $349,200 $245,020 10.694% $26,202 $26,202 +18.46%
2019/20 $753,000 $338,850 $209,920 10.537% $22,119 $22,119 +15.09%
2018/19 $724,000 $325,800 $182,790 10.514% $19,219 $19,219 +33.62%
2017/18 $372,000 $167,400 $136,800 10.514% $14,383 $14,383 +11.05%
2016/17 $350,000 $157,500 $122,490 10.574% $12,952 $12,952 +6.76%

Permit information for 488 Lafayette Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
08/06/2026 Alt-CO - new building with existing elements to remain
03/24/2026 Alt-CO - new building with existing elements to remain
03/24/2026 Alt-CO - new building with existing elements to remain
03/23/2026 Alt-CO - new building with existing elements to remain
02/26/2026 Alteration type 3

*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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Bedford Ave & Lafayette Ave at SW Corner
Station lines
G
Distance (miles)
0.014

Access the detailed traffic volume map for 488 Lafayette 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 488 Lafayette Avenue, Brooklyn, NY 11205?

The development at 488 Lafayette Avenue, Brooklyn, NY 11205 was built in 1956.

What is the total square footage of 488 Lafayette Avenue, Brooklyn, NY 11205?

488 Lafayette Avenue, Brooklyn, NY 11205 has a total of 2,160 square feet.

What is the assessed value of 488 Lafayette Avenue, Brooklyn, NY 11205?

488 Lafayette Avenue, Brooklyn, NY 11205 is currently assessed at $348,300.

What are the property taxes for 488 Lafayette Avenue, Brooklyn, NY 11205?

The property taxes for 488 Lafayette Avenue, Brooklyn, NY 11205 total $33,838.

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