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488 Broadway, Brooklyn, NY 11211 Property Information

488 Broadway, Brooklyn, NY 11211 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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488 Broadway, Brooklyn, NY 11211 1
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Address

Primary address 488 Broadway
Neighborhood Williamsburg
Zip code 11211
Borough Brooklyn
Block & lot 02228-0025

Sales & Tax Overview for 488 Broadway, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 05/09/2024
Purchase price $4,250,000
Tax class
Estimated property tax $6,053

Lot & Building Information for 488 Broadway, Brooklyn

Lot sqft 6,216
Lot dimensions 42 ft x 95.42 ft
Building class Zoned Commercial or Manhattan Residential (V1) i
Buildings on lot 1
Year last altered 2025
Status
Status date
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Zoning & Use for 488 Broadway, Brooklyn

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 14
Community district 1
Closest police station 1.16 Miles
Closest fire station 0.53 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 488 Broadway, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 488 Broadway, Brooklyn, NY 11211, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 488 Broadway, Brooklyn, NY 11211, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 488 Broadway, Brooklyn

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

The current market value is $704,000.

Ownership Information for 488 Broadway, Brooklyn

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Property owner name for 488 Broadway, Brooklyn, NY 11211
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Building contacts for 488 Broadway, Brooklyn, NY 11211
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 488 Broadway, Brooklyn

Create a free account to view the complete sales history for 488 Broadway, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
05/09/2024 $4,250,000

Title Documents for 488 Broadway, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
01/09/2026 - R UCC3 Termination
(2026010900555001)
01/08/2026 - D
01/09/2026 - R
Termination of Assign of L&R
(2026010900555002)
01/02/2026 - R Initial UCC1
(2025122400492006)
12/18/2025 - D
01/02/2026 - R
Assignment of Leases and Rents
(2025122400492005)
12/18/2025 - D
01/02/2026 - R
Mortgage
(2025122400492004)
12/18/2025 - D
01/02/2026 - R
Assignment of Leases and Rents
(2025122400492003)
12/18/2025 - D
01/02/2026 - R
Agreement
(2025122400492002)
12/18/2025 - D
01/02/2026 - R
Mortgage
(2025122400492001)
08/08/2024 - D
08/09/2024 - R
Certificate
(2024080800799001)
07/29/2024 - D
08/09/2024 - R
Zoning Lot Description
(2024080800799002)
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R: Recorded date
D: Document date

Property Taxes for 488 Broadway, Brooklyn

Access detailed property tax data for 488 Broadway, Brooklyn, NY 11211. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $26,573
Estimated property tax: $6,053
Tax assessor's market value: $704,000
Assessed value: $316,800

Assessment History for 488 Broadway, Brooklyn

Here's the assessment & property tax history for 488 Broadway, 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 $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%

Permits for 488 Broadway, Brooklyn

The complete history of permits filed for 488 Broadway, 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.

Filing date Job type Job status Job description Initial cost
12/22/2025 New building
12/22/2025 New building
12/19/2025 New building
05/30/2025 Alteration
05/12/2025 Alteration
09/18/2024 New building
09/12/2024 New building
09/09/2024 New building
08/20/2024 Alteration
08/14/2024 Alteration type 3
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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.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 4 (See more on map)

Transportation

Distance to Subway
Closest station Union Ave & Heyward St at NW Corner
Station lines G
Distance (miles) 0.033
View subway map
Bus Routes
Name Broadway/Heyward St
Line B46
Distance (miles) 0.039

Neighbors for 488 Broadway, Brooklyn

Here are the neighbors for 488 Broadway, Brooklyn, NY 11211.

Address Square feet Purchase date Purchase price
16 Heyward St, Brooklyn 4,485 08/12/1992
68 Harrison Ave, Brooklyn 48,000 06/27/2003 $3,263,000
14 Heyward St, Brooklyn 10,600 08/12/1992
314 Rutledge St, Brooklyn 58,987 01/13/2023 $2,000,000
492 Broadway, Brooklyn 3,960 05/20/1988
194 Rutledge St, Brooklyn 2,631
500 Broadway, Brooklyn 4,400 07/21/2025
502 Broadway, Brooklyn 17,130 07/21/2025
18 Heyward St, Brooklyn 14,535 09/17/2002
306 Rutledge St, Brooklyn 26,400 09/18/2007
61 Harrison Ave, Brooklyn 76,524 12/12/1972
145 Heyward St, Brooklyn 6,002 01/03/2000
494 Broadway, Brooklyn 3,894 05/28/1986
6 Heyward St, Brooklyn 1,848 11/19/2013 $100,000
12 Heyward St, Brooklyn 17,000 11/01/2001
218 Rutledge St, Brooklyn 3,357
295 Heyward St, Brooklyn 11,880 07/03/2002
141 Heyward St, Brooklyn 5,692 03/05/2024
143 Heyward St, Brooklyn 1,995 07/15/2019
215 Heyward St, Brooklyn 420,000
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