488 Morgan Avenue, Brooklyn, NY 11222 Property Information
488 Morgan Avenue, Brooklyn, NY 11222 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 488 Morgan Avenue |
| Secondary address | 64 Division Pl |
| Neighborhood | Greenpoint |
| Zip code | 11222 |
| Borough | Brooklyn |
| Block & lot | 02851-0001 |
Sales & Tax Overview for 488 Morgan Avenue, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $317,655 |
Lot & Building Information for 488 Morgan Avenue, Brooklyn
| Lot sq. ft. | 13,620 |
| Lot dimensions | |
| Property type | Factory - Industrial Semi-Fireproof (F4)
|
| Building sqft | 52,963 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1918 |
Area Overview
| School district | 14 |
| Community district | 1 |
| Closest police station | 0.88 Miles |
| Closest fire station | 0.59 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 488 Morgan Avenue, Brooklyn
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 64 Division Pl, Brooklyn, NY 11222
- 470-488 Morgan Ave, Brooklyn, NY 11222
- 345 Richardson St, Brooklyn, NY 11222
About 488 Morgan Avenue, Brooklyn
This Factory - Industrial Semi-Fireproof (F4) located at 488 Morgan Avenue, Brooklyn, NY 11222 has a total of 52,963 square feet.
What is the year built & the current market value of 488 Morgan Avenue, Brooklyn, NY 11222?488 Morgan Avenue, Brooklyn, NY 11222 was built in 1918 and has a current tax assessor's market value of $7,329,000.
How many commercial spaces does this building have?This building has 3 commercial spaces available for lease.
Ownership Information for 488 Morgan Avenue, Brooklyn
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Past Sales & Property History for 488 Morgan Avenue, Brooklyn
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No recorded sales for this property.
Title Documents for 488 Morgan Avenue, Brooklyn
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R: Recorded date
D: Document date
Property Taxes for 488 Morgan Avenue, Brooklyn
Access detailed property tax data for 488 Morgan Avenue, Brooklyn, NY 11222. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $291,874 |
| Estimated property tax: | $317,655 |
| Tax assessor's market value: | $7,329,000 |
| Assessed value: | $3,298,050 |
Assessment History for 488 Morgan Avenue, Brooklyn
Here's the assessment & property tax history for 488 Morgan Avenue, 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 | $7,329,000 | $3,298,050 | $2,690,580 | 10.848% | $291,874 | $291,874 | +9.46% |
| 2024/25 | $6,668,000 | $3,000,600 | $2,477,725 | 10.762% | $269,370 | $266,653 | +5.57% |
| 2023/24 | $6,292,000 | $2,831,400 | $2,384,640 | 10.592% | $257,929 | $252,581 | +10.19% |
| 2022/23 | $5,748,000 | $2,586,600 | $2,153,115 | 10.646% | $237,283 | $229,221 | +5.35% |
| 2021/22 | $4,817,000 | $2,167,650 | $2,022,970 | 10.755% | $228,431 | $217,570 | +6.29% |
Permits for 488 Morgan Avenue, Brooklyn
The complete history of permits filed for 488 Morgan Avenue, 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.
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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.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Graham Ave & Metropolitan Ave at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | L | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.531 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Kingsland Av/Richardson St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 488 Morgan Avenue, Brooklyn
Here are the neighbors for 488 Morgan Avenue, Brooklyn, NY 11222.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 355 Richardson St, Brooklyn | 836 | 09/23/1999 | |
| 470 Humboldt St, Brooklyn | 2,750 | 03/30/2026 | $2,300,000 |
| 476 Humboldt St, Brooklyn | 4,275 | 04/11/2025 | |
| 38 Division Pl, Brooklyn | 7,500 | 10/27/2004 | |
| 472 Humboldt St, Brooklyn | 3,960 | 06/20/2013 | $1,700,000 |
| 473 Morgan Ave, Brooklyn | 1,921 | 06/16/2016 | $1,200,000 |
| 20 Division Pl, Brooklyn | 1,800 | 08/21/2017 | $1,150,000 |
| 100 Division Pl, Brooklyn | 6,961 | 06/11/2025 | $16,000,000 |
| 474 Humboldt St, Brooklyn | 3,750 | 09/13/1989 | |
| 222 Richardson St, Brooklyn | 2,160 | 11/06/2013 | $1,200,000 |
| 54 Division Pl, Brooklyn | 8,075 | 03/27/2003 | $995,000 |
| 484 Humboldt St, Brooklyn | 13,500 | 06/26/2025 | $8,300,000 |
| 309 Richardson St, Brooklyn | 20,000 | 03/27/2002 | |
| 465 Morgan Ave, Brooklyn | 10,000 | 03/27/2002 | |
| 42 Division Pl, Brooklyn | 12,500 | 10/27/2004 | |
| 32 Division Pl, Brooklyn | 22,500 | 09/27/2011 | $3,675,000 |
| 216 Richardson St, Brooklyn | 1,250 | 07/31/2014 | |
| 218 Richardson St, Brooklyn | 2,500 | 03/14/2018 | $2,025,000 |
| 291 Richardson St, Brooklyn | 2,375 | 12/22/2025 | $1,400,000 |
| 275 Richardson St, Brooklyn | 3,250 | 01/19/2022 | $5,250,000 |