Kings  »  11222  »  Leonard St  »  488 Leonard St

488 Leonard Street, Brooklyn, NY 11222 - Property report

Also known as: 488 Leonard St

Property image for 488 Leonard Street, Brooklyn, NY 11222
static Mapbox map

Property type

Miscellaneous Warehouse (E9)

Year built

1969

Lot sq. ft.

10,200

Sale price

$800,000

General information

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Address
Primary address
488 Leonard Street
Alternate address(es)
488-494 Leonard St
ZIP code
11222
Neighborhood
Greenpoint
Borough
Brooklyn
Block & lot
02698-0007

Owner

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Building
Property type
Miscellaneous Warehouse (E9)
Building sq. ft.
10,000
Building dimensions
101 ft x 99 ft
Buildings on lot
1
Stories
1
Year built
1969
Building material
Sales
Sale date
07/03/2012
Sale price
$800,000
Tax
Tax year
2026-2027
Property tax
$49,301
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
102 ft x 100 ft
Lot sq. ft.
10,200

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
84 /100.  Excellent Transit
Bike score
94 /100.  Biker's Paradise
School district
14
Community district
1
Closest police station
0.39 Miles
Closest fire station
0.20 Miles

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Ownership information for 488 Leonard Street, Brooklyn, NY

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

Sales history for 488 Leonard Street, Brooklyn, NY 11222

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/28/2017 - R
12/08/2017 - D
Deed
(2017122800073005)
XXXXXX XX XXXXX X XXXXX XXX XXXXXXX XXXXXX XXX
08/24/2012 - R
07/03/2012 - D
Deed
(2012071700615002)
XXXXX XXXXXXXX X XXXXX XXXXX X XX
08/24/2012 - R
07/03/2012 - D
Deed
(2012071700615001)
XXXXX XX XXXXXXXX XXXXXXXX XXXXX X XXXXX XX XXXXXXX XXXXXXXX XXXXX X
02/12/2009 - R
01/28/2009 - D
Deed
(2009021001218001)
XXXXX (XXXXXXXXX) XXXXXXXX X XXXXX XXXXXXXX X
07/27/1970 - R Deed
(37030042501097)
XXXXX XXXXX X XXXXX XXXXXXX X
06/25/1970 - R Release of Estate Tax Lien
(37030041900465)
XXXXXXXX XXXX XXXX XXXX
06/17/1970 - R Release of Estate Tax Lien
(37030041701289)
XXXXXXXX XXXX XXXXXX XXXX
04/10/1968 - R Release
(36830069400070)
XXXXXX XXXXX XXXXXXXXXX XX XXXXXXXX XXXX XXXXXX XXXX
04/10/1968 - R Release
(36830069400066)
XXXXXXXX XXXX XXXXX XX XXXXXXXX XXXX XXXXXX XXXX
04/10/1968 - R Deed
(36830069400064)
XXXXXXXX XXXX XXXXXX XXXX XXXXX XXXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 488 Leonard Street, 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
$49,301
Municipal exemptions
Recent tax assessments
Market value
$1,200,000
Assessed value
$540,000

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 $1,091,000 $490,950 $424,950 10.848% $46,099 $46,099 -0.34%
2024/25 $995,000 $447,750 $429,810 10.762% $46,256 $46,256 +4.24%
2023/24 $931,000 $418,950 $418,950 10.592% $44,375 $44,375 +1.01%
2022/23 $917,000 $412,650 $412,650 10.646% $43,931 $43,931 +5.72%
2021/22 $872,000 $392,400 $386,380 10.755% $41,555 $41,555 +3.96%
2020/21 $1,145,000 $515,250 $373,780 10.694% $39,972 $39,972 +22.87%
2019/20 $886,000 $398,700 $308,730 10.537% $32,531 $32,531 +17.65%
2018/19 $809,000 $364,050 $262,990 10.514% $27,651 $27,651 +9.12%
2017/18 $768,000 $345,600 $241,000 10.514% $25,339 $25,339 +14.38%
2016/17 $732,000 $329,400 $209,500 10.574% $22,153 $22,153 +9.27%

Permit information for 488 Leonard Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/22/2026 Full demolition
04/22/2026 Alteration

*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

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
4

Subway & traffic

Closest station
Manhattan Ave & Nassau Ave at SE Corner
Station lines
G
Distance (miles)
0.163

Access the detailed traffic volume map for 488 Leonard Street, Brooklyn, NY 11222 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 Leonard Street, Brooklyn, NY 11222?

The development at 488 Leonard Street, Brooklyn, NY 11222 was built in 1969.

What is the market value of 488 Leonard Street, Brooklyn, NY 11222?

The current market value of 488 Leonard Street, Brooklyn, NY 11222 is $1,200,000.

What is the total square footage of 488 Leonard Street, Brooklyn, NY 11222?

488 Leonard Street, Brooklyn, NY 11222 has a total of 10,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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