New York City  »  11221  »  Central Ave  »  498 Central Ave

498 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 498 Central Ave

Property image for 498 Central Avenue, Brooklyn, NY 11221
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Property type

Three Families (C0)

Year built

2006

Lot sq. ft.

1,875

Sale price

$1,280,000

General information

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Address
Primary address
498 Central Avenue
Alternate address(es)
498-506 Central Ave
ZIP code
11221
Neighborhood
Bushwick
Borough
Brooklyn
Block & lot
03382-0039

Owner

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Building
Property type
Three Families (C0)
Building sq. ft.
2,925
Building dimensions
18.75 ft x 52 ft
Buildings on lot
1
Stories
3
Year built
2006
Building material
C Blck + Brick
Exterior wall
Combination
Basement
4
Sales
Sale date
06/03/2016
Sale price
$1,280,000
Tax
Tax year
2026-2027
Property tax
$9,217
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
3
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Central Avenue (narrow)
Nearest wide street
Bushwick Avenue
Distance to wide street
Lot dimensions
18.75 ft x 100 ft
Lot sq. ft.
1,875

Area overview

Walk score
82 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
86 /100.  Very Bikeable
School district
32
Community district
4
Closest police station
0.47 Miles
Closest fire station
0.33 Miles

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

Ownership

Ownership information for 498 Central Avenue, Brooklyn, NY

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

Sales history for 498 Central Avenue, Brooklyn, NY 11221

Sale date Sale price Buyer name Seller name
06/03/2016 $1,280,000 XXX, XXXXXXX XXX XXX, XXXXXX XXX XXXX XXX XXXXXXX XXXXXX XXXX
02/19/2015 $610,000 XXX XXXXXXX XXXXXX XXXX XXXXXXX, XXXXXXX XXX XXXXX, XXXXXXXX
03/05/2007 $760,000 XXXXXXX, XXXXXXX X XXX XXXXXXX, XXXXX XXXXX XXXXX, XX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/12/2021 - R
11/24/2020 - D		 Agreement
(2021020900628002)		 XXX XXXXXXX XXXXXXXX XXXXX XXXX X X
02/12/2021 - R
11/24/2020 - D		 Mortgage
(2021020900628001)		 XXX XXXXXXX XXXXXXXX XXXXX XXXX X X
03/07/2018 - R
02/27/2018 - D		 Satisfaction of Mortgage
(2018030600481001)		 XXXX XXXXXX XXXX XX XXXXXXXX XXXXXXXX XXXXXXXXXXX
06/23/2016 - R
06/03/2016 - D		 Mortgage
(2016061401270002)		 XXX XXXXXXX XXXXXXXX XXXXX XXXX X X
06/23/2016 - R
06/03/2016 - D		 Deed
(2016061401270001)		 XXX XXXXXXX XXXXXX XXXX XXX XXXXXXX
01/24/2018 - R
01/25/2016 - D		 Satisfaction of Mortgage
(2016012600546001)		 XXXX XXXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
08/27/2015 - R
06/18/2015 - D		 Assignment, Mortgage
(2015061900616001)		 XXXX XX XXXXXXX X X XXXX XXXXXX XXXXXXXXXXXXX XXXXX
04/02/2015 - R
03/25/2015 - D		 Satisfaction of Mortgage
(2015032600036001)		 XXXXXXX XXXXX XXXXXXXX XXXXX XXXX X X
03/23/2015 - R
03/18/2015 - D		 Satisfaction of Mortgage
(2015031900252001)		 XXXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
03/18/2015 - R
02/19/2015 - D		 Deed
(2015022301132001)		 XXXXXXX XXXXXXX XXX XXXXXXX XXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 498 Central 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
$9,217
Municipal exemptions
Recent tax assessments
Market value
$1,235,000
Assessed value
$74,100

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 $1,250,000 $75,000 $44,751 19.843% $8,880 $8,880 +4.72%
2024/25 $1,471,000 $88,260 $42,218 20.085% $8,479 $8,479 +6.00%
2023/24 $1,337,000 $80,220 $39,830 20.085% $8,000 $8,000 -1.10%
2022/23 $1,097,000 $65,820 $39,830 20.309% $8,089 $8,089 +4.69%
2021/22 $1,135,000 $68,100 $38,707 19.963% $7,727 $7,727 -1.55%
2020/21 $1,206,000 $72,360 $37,293 21.045% $7,848 $7,848 +5.39%
2019/20 $959,000 $57,540 $35,182 21.167% $7,447 $7,447 +7.25%
2018/19 $1,156,000 $69,360 $33,192 20.919% $6,943 $6,943 +2.62%
2017/18 $1,076,000 $64,560 $33,192 20.385% $6,766 $6,766 +4.93%
2016/17 $797,000 $47,820 $32,256 19.991% $6,448 $6,448 +6.11%
Permits

Permit information for 498 Central Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/10/2007 Alteration type 2
07/10/2007 Alteration type 2
10/17/2003 Alteration type 3
10/17/2003 Alteration type 3
08/04/2003 New building

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/13/2025 A
04/17/2024 A
03/31/2023 A

*Most recent HPD violations on record for this property.

Neighborhood

Bushwick South residential market stats

Access a detailed real estate market overview of Bushwick South so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Bushwick South and compare it to other neighborhoods in Brooklyn.

Median sale price

—

Median price/sq. ft.

—

Brooklyn median sale price

$899,000

6% 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
Weirfield St & Broadway at NE Corner
Station lines
J
Distance (miles)
0.388
View subway map

Access the detailed traffic volume map for 498 Central Avenue, Brooklyn, NY 11221 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 299 Thomas Warren Field School 3 Yes Public PK, K-5 197 0.21
P.S. 299 Thomas Warren Field School 3 Yes Public PK, K-5 197 0.21
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.17
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.17
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.17
P.S. 106 Edward Everett Hale 2 No Public PK, K-5 356 0.17
P.S. 106 Edward Everett Hale 2 No Public PK, K-5 356 0.17
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.26
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.26
Bushwick Ascend Charter School 7 No Charter K-8 799 0.30
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.30
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.17
Evergreen Middle School-Urban Exploration 4 No Public 6-8 342 0.25
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.26
Bushwick Ascend Charter School 7 No Charter K-8 799 0.30
P.S. 45 Horace E Greene 5 No Public PK, K-8 491 0.38
All City Leadership Secondary School 8 No Public 6-12 421 0.44
P.S. Is 384 Frances E Carter 3 No Public PK, K-8 346 0.48
Jhs 383 Philippa Schuyler 7 No Public 5-8 822 0.53
Achievement First Bushwick Charter School 7 No Charter K-8 938 0.53
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.30
Bushwick Community High School 2 No Public 9-12 86 0.30
Academy Of Urban Planning 5 No Public 9-12 403 0.38
Bushwick School for Social Justice 2 No Public 9-12 272 0.38
Brooklyn School For Math And Research NR No Public 9-12 333 0.38
Academy for Environmental Leadership 2 No Public 9-12 275 0.38
Brooklyn High School Law And Tech 3 No Public 9-12 549 0.42
All City Leadership Secondary School 8 No Public 6-12 421 0.44
Excellence Girls Charter School 5 No Charter K-12 1,050 0.59
Charles Churn Christian Academy NR No Private PK, K-12 0 0.64

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 498 Central Avenue, Brooklyn, NY

154 Cornelia St, Brooklyn 150 Cornelia St, Brooklyn 1219 Jefferson Ave, Brooklyn 1215 Jefferson Ave, Brooklyn 494 Central Ave, Brooklyn 156 Cornelia St, Brooklyn 1211 Jefferson Ave, Brooklyn 1205 Jefferson Ave, Brooklyn 158 Cornelia St, Brooklyn 1207 Jefferson Ave, Brooklyn 162 Cornelia St, Brooklyn 1223 Jefferson Ave, Brooklyn 1217 Jefferson Ave, Brooklyn 1203 Jefferson Ave, Brooklyn 166 Cornelia St, Brooklyn 164 Cornelia St, Brooklyn 1225 Jefferson Ave, Brooklyn 1221 Jefferson Ave, Brooklyn 160 Cornelia St, Brooklyn 152 Cornelia St, Brooklyn

Nearby ZIP codes for 498 Central Avenue, Brooklyn, NY

11101, New York City, NY 11104, New York City, NY 11203, New York City, NY 11205, New York City, NY 11206, New York City, NY 11207, New York City, NY 11211, New York City, NY 11212, New York City, NY 11213, New York City, NY 11216, New York City, NY 11217, New York City, NY 11222, New York City, NY 11225, New York City, NY 11226, New York City, NY 11233, New York City, NY 11237, New York City, NY 11238, New York City, NY 11378, New York City, NY 11379, New York City, NY 11385, New York City, NY

Frequently asked questions

What is the year built for 498 Central Avenue, Brooklyn, NY 11221?

The development at 498 Central Avenue, Brooklyn, NY 11221 was built in 2006.

What is the total square footage of 498 Central Avenue, Brooklyn, NY 11221?

498 Central Avenue, Brooklyn, NY 11221 has a total of 2,925 square feet.

When was 498 Central Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

498 Central Avenue, Brooklyn, NY 11221 was last sold on 06/03/2016 for $1,280,000.

What is the assessed value of 498 Central Avenue, Brooklyn, NY 11221?

498 Central Avenue, Brooklyn, NY 11221 is currently assessed at $74,100.

What are the property taxes for 498 Central Avenue, Brooklyn, NY 11221?

The property taxes for 498 Central Avenue, Brooklyn, NY 11221 total $9,216.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

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