Kings  »  11211  »  Broadway  »  488 Broadway

488 Broadway, Brooklyn, NY 11211 - Property report

Also known as: 488 Broadway

Property image for 488 Broadway, Brooklyn, NY 11211
static Mapbox map

Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

6,216

Sale price

$4,250,000

General information

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Address
Primary address
488 Broadway
Alternate address(es)
488-490 Broadway
ZIP code
11211
Neighborhood
Williamsburg
Borough
Brooklyn
Block & lot
02228-0025

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Last altered
2025
Building material
Sales
Sale date
05/09/2024
Sale price
$4,250,000
Tax
Tax year
2026-2027
Property tax
$6,053
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
42 ft x 95.42 ft
Lot sq. ft.
6,216

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
14
Community district
1
Closest police station
1.16 Miles
Closest fire station
0.53 Miles

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

Ownership

Ownership information for 488 Broadway, 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 Broadway, Brooklyn, NY 11211

Sale date Sale price Buyer name Seller name
05/09/2024 $4,250,000 XXX XXXXXXXX XXXXXX XXX XXXXXX X XXXXX XXXX XXXXXXXX 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
01/09/2026 - R UCC3 Termination
(2026010900555001)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/09/2026 - R
01/08/2026 - D		 Termination of Assign of L&R
(2026010900555002)		 XXXXX XX XXXXXX XXX XXX XXXXXXXX XXXXXX XXX
01/02/2026 - R Initial UCC1
(2025122400492006)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/02/2026 - R
12/18/2025 - D		 Assignment of Leases and Rents
(2025122400492005)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/02/2026 - R
12/18/2025 - D		 Mortgage
(2025122400492004)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/02/2026 - R
12/18/2025 - D		 Assignment of Leases and Rents
(2025122400492003)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/02/2026 - R
12/18/2025 - D		 Agreement
(2025122400492002)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
01/02/2026 - R
12/18/2025 - D		 Mortgage
(2025122400492001)		 XXX XXXXXXXX XXXXXX XXX XXXXX XX XXXXXX XXX
08/09/2024 - R
08/08/2024 - D		 Certificate
(2024080800799001)		 XXXXXXXXXX XXXXXXXX XXX
08/09/2024 - R
07/29/2024 - D		 Zoning Lot Description
(2024080800799002)		 XXX XXXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 Broadway, 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
$6,053
Municipal exemptions
Recent tax assessments
Market value
$124,000
Assessed value
$55,800

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 $704,000 $316,800 $244,954 10.848% $26,573 $26,573 +9.06%
2024/25 $643,000 $289,350 $226,394 10.762% $24,365 $24,365 +3.42%
2023/24 $607,000 $273,150 $222,430 10.592% $23,560 $23,560 +2.00%
2022/23 $555,000 $249,750 $216,970 10.646% $23,099 $23,099 +13.90%
2021/22 $419,000 $188,550 $188,550 10.755% $20,279 $20,279 -9.79%
2020/21 $530,000 $238,500 $210,200 10.694% $22,479 $22,479 +6.93%
2019/20 $481,000 $216,450 $199,500 10.537% $21,021 $21,021 +5.20%
2018/19 $458,000 $206,100 $190,050 10.514% $19,982 $19,982 +5.36%
2017/18 $441,000 $198,450 $180,388 10.514% $18,966 $18,966 +2.79%
2016/17 $470,000 $211,500 $174,488 10.574% $18,450 $18,450 +7.92%
Permits

Permit information for 488 Broadway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
06/24/2026 New building
06/24/2026 New building
02/25/2026 New building
01/28/2026 New building
12/22/2025 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 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
4

Subway & traffic

Closest station
Union Ave & Heyward St at NW Corner
Station lines
G
Distance (miles)
0.033
View subway map

Access the detailed traffic volume map for 488 Broadway, Brooklyn, NY 11211 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 Broadway, Brooklyn, NY

16 Heyward St, Brooklyn 68 Harrison Ave, Brooklyn 14 Heyward St, Brooklyn 314 Rutledge St, Brooklyn 492 Broadway, Brooklyn 194 Rutledge St, Brooklyn 500 Broadway, Brooklyn 502 Broadway, Brooklyn 18 Heyward St, Brooklyn 306 Rutledge St, Brooklyn 61 Harrison Ave, Brooklyn 145 Heyward St, Brooklyn 494 Broadway, Brooklyn 6 Heyward St, Brooklyn 12 Heyward St, Brooklyn 218 Rutledge St, Brooklyn 295 Heyward St, Brooklyn 141 Heyward St, Brooklyn 143 Heyward St, Brooklyn 215 Heyward St, Brooklyn

Nearby ZIP codes for 488 Broadway, Brooklyn, NY

10002, New York City, NY 10003, New York City, NY 10009, New York City, NY 10010, New York City, NY 10016, New York City, NY 10017, New York City, NY 11101, New York City, NY 11104, New York City, NY 11109, New York City, NY 11201, New York City, NY 11205, New York City, NY 11206, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11221, New York City, NY 11222, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY

Frequently asked questions

What is the market value of 488 Broadway, Brooklyn, NY 11211?

The current market value of 488 Broadway, Brooklyn, NY 11211 is $124,000.

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