Kings  »  11238  »  Classon Ave  »  487 Classon Ave

487 Classon Avenue, Brooklyn, NY 11238 - Property report

Also known as: 487 Classon Ave

Property image for 487 Classon Avenue, Brooklyn, NY 11238
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Property type

Converted Dwellings or Rooming House (C5)

Year built

1930

Lot sq. ft.

1,794

Sale price

$2,300,000

General information

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Address
Primary address
487 Classon Avenue
ZIP code
11238
Neighborhood
Bedford-Stuyvesant
Borough
Brooklyn
Block & lot
01987-0004

Owner

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Building
Property type
Converted Dwellings or Rooming House (C5)
Building sq. ft.
2,646
Building dimensions
19.5 ft x 45 ft
Buildings on lot
1
Stories
3
Year built
1930
Building material
Sales
Sale date
04/05/2016
Sale price
$2,300,000
Tax
Tax year
2026-2027
Property tax
$10,261
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
8
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 92 ft
Lot sq. ft.
1,794

Area overview

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

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Ownership information for 487 Classon Avenue, Brooklyn, NY

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

Sales history for 487 Classon Avenue, Brooklyn, NY 11238

Sale date Sale price Buyer name Seller name
04/05/2016 $2,300,000 XXX XXXX XXXXXX XXX XXXX & XXXX 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
11/25/2024 - R UCC3 Assignment
(2024102101110008)
XXX XXXX XXXXXX XXX XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX
11/21/2024 - R
12/20/2023 - D
Asgn of Asgn of L&R
(2024102100537018)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
11/21/2024 - R
12/20/2023 - D
Assignment, Mortgage
(2024102100537017)
XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX XX XXXXXXXX XXX XXXX XX XX XXXX XXXXXXX XXX
02/15/2023 - R UCC3 Continuation
(2023021500027001)
XXX XXXX XXXXXX XXX XXXXXXXXX XXXX
04/24/2018 - R Initial UCC1
(2018042001161001)
XXX XXXX XXXXXX XXX XXXXXXXXX XXXX
04/18/2018 - R
04/12/2018 - D
Assignment of Leases and Rents
(2018041700498002)
XXX XXXX XXXXXX XXX XXXXXXXXX XXXX
04/18/2018 - R
04/12/2018 - D
Mortgage
(2018041700498001)
XXX XXXX XXXXXX XXX XXXXXXXXX XXXX
04/14/2016 - R
04/05/2016 - D
Deed
(2016041300009001)
XXXX XXXX XXX XXX XXXX XXXXXX XXX
06/01/2010 - R
03/15/2010 - D
Deed
(2010060100064001)
XXXXXXXX XXXXXXX XXXX XXXX XXX
04/02/2010 - R
11/24/2009 - D
Deed
(2010012600486001)
XXXXXX XX XXXXXXX XXXXXXX XX XXXXXXX XXXXXXXX XXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 487 Classon 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
$10,261
Municipal exemptions
Recent tax assessments
Market value
$726,000
Assessed value
$326,700

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 $605,000 $272,250 $76,384 12.439% $9,501 $9,501 +7.47%
2024/25 $504,000 $226,800 $70,727 12.5% $8,841 $8,841 -0.02%
2023/24 $420,000 $189,000 $70,727 12.502% $8,842 $8,842 +5.18%
2022/23 $350,000 $157,500 $68,533 12.267% $8,407 $8,407 +8.28%
2021/22 $280,200 $126,090 $63,457 12.235% $7,764 $7,764 +7.72%
2020/21 $272,000 $122,400 $58,757 12.267% $7,208 $7,208 +6.22%
2019/20 $226,800 $102,060 $54,405 12.473% $6,786 $6,786 -1.10%
2018/19 $189,000 $85,050 $54,405 12.612% $6,862 $6,862 +2.33%
2017/18 $168,000 $75,600 $52,718 12.719% $6,705 $6,705 +6.55%
2016/17 $134,000 $60,300 $48,813 12.892% $6,293 $6,293 +8.07%

Permit information for 487 Classon Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
02/09/2011 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

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.

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
-

Subway & traffic

Closest station
Franklin Ave & Fulton St at NE Corner
Station lines
A-C-FS
Distance (miles)
0.256

Access the detailed traffic volume map for 487 Classon Avenue, Brooklyn, NY 11238 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 487 Classon Avenue, Brooklyn, NY 11238?

The development at 487 Classon Avenue, Brooklyn, NY 11238 was built in 1930.

What is the market value of 487 Classon Avenue, Brooklyn, NY 11238?

The current market value of 487 Classon Avenue, Brooklyn, NY 11238 is $726,000.

What is the total square footage of 487 Classon Avenue, Brooklyn, NY 11238?

487 Classon Avenue, Brooklyn, NY 11238 has a total of 2,646 square feet.

What is the price per square foot for this property?

$869 per square foot is the price for 487 Classon Avenue, Brooklyn, NY 11238.

Disclaimer

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