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481 Central Avenue, Brooklyn, NY 11221 Property Information

481 Central Avenue, Brooklyn, NY 11221 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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481 Central Avenue, Brooklyn, NY 11221 1
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Address

Primary address 481 Central Avenue
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03383-0001

Sales & Tax Overview for 481 Central Avenue, Brooklyn

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

Purchase date 09/05/2024
Purchase price $1,600,000
Tax class
Estimated property tax $10,983

Lot & Building Information for 481 Central Avenue, Brooklyn

Lot sq. ft. 2,498
Lot dimensions 25 ft x 99.92 ft
Property type Zoned Commercial or Manhattan Residential (V1)
Status
Status date
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Zoning & Use for 481 Central Avenue, Brooklyn

Zoning
Qualified opportunity zone

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.47 Miles
Closest fire station 0.33 Miles

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

Other Property Data for 481 Central Avenue, Brooklyn

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Floor area ratio (FAR) for 481 Central Avenue, Brooklyn, NY 11221, 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 481 Central Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 481 Central Avenue, Brooklyn

What is the market value of 481 Central Avenue, Brooklyn, NY 11221?

The current market value is $237,000.

Ownership Information for 481 Central Avenue, Brooklyn

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Property owner name for 481 Central Avenue, Brooklyn, NY 11221
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Building contacts for 481 Central Avenue, Brooklyn, NY 11221
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
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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 481 Central Avenue, Brooklyn

Create a free account to view the complete sales history for 481 Central Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
09/05/2024 $1,600,000
12/29/2015 $1,075,000
       
       
       
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Title Documents for 481 Central Avenue, 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
12/24/2025 - D
01/08/2026 - R
Mortgage
(2026010800435001)
12/16/2025 - D
01/07/2026 - R
Declaration
(2025122600714006)
12/16/2025 - D
01/07/2026 - R
Agreement
(2025122600714005)
12/16/2025 - D
01/07/2026 - R
Sundry Miscellaneous
(2025122600714004)
12/16/2025 - D
01/07/2026 - R
Sundry Miscellaneous
(2025122600714003)
12/16/2025 - D
01/07/2026 - R
Zoning Lot Description
(2025122600714002)
12/16/2025 - D
01/07/2026 - R
Certificate
(2025122600714001)
09/05/2024 - D
09/16/2024 - R
Assignment of Leases and Rents
(2024091600636003)
09/05/2024 - D
09/16/2024 - R
Mortgage
(2024091600636002)
09/05/2024 - D
09/16/2024 - R
Deed
(2024091600636001)
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R: Recorded date
D: Document date

Property Taxes for 481 Central Avenue, Brooklyn

Access detailed property tax data for 481 Central Avenue, Brooklyn, NY 11221. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $11,569
Estimated property tax: $10,983
Tax assessor's market value: $237,000
Assessed value: $106,650

Assessment History for 481 Central Avenue, Brooklyn

Here's the assessment & property tax history for 481 Central 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 $237,000 $106,650 $106,650 10.848% $11,569 $11,569 -1.77%
2024/25 $249,000 $112,050 $109,440 10.762% $11,778 $11,778 +0.69%
2023/24 $262,000 $117,900 $110,430 10.592% $11,697 $11,697 +9.49%
2022/23 $223,000 $100,350 $100,350 10.646% $10,683 $10,683 -1.81%
2021/22 $235,000 $105,750 $101,160 10.755% $10,880 $10,880 +9.43%

Permits for 481 Central Avenue, Brooklyn

The complete history of permits filed for 481 Central 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.

Filing date Job type Job status Job description Initial cost
04/01/2026 Alteration
03/13/2026 Alteration
03/13/2026 Alteration
03/11/2026 Alteration
12/18/2025 Alteration
12/18/2025 Alteration
12/08/2025 Alteration
12/01/2025 Alteration
11/14/2025 Alteration
06/02/2022 Alteration
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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 Q1/2026
$426
-10.8% YoY
Median Price/Sqft Q4/2025
$493
11.7% YoY
Median Price/Sqft 2025
$492
6.6% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station Weirfield St & Broadway at NE Corner
Station lines J
Distance (miles) 0.409
View subway map
Bus Routes
Name Wilson Av/Jefferson Av
Line B60
Distance (miles) 0.111

Neighbors for 481 Central Avenue, Brooklyn

Here are the neighbors for 481 Central Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
471 Central Ave, Brooklyn 4,500 03/05/1987
184 Cornelia St, Brooklyn 2,430 09/30/2021 $1,410,000
186 Cornelia St, Brooklyn 2,430 05/02/2019
469 Central Ave, Brooklyn 4,500 03/23/2020 $1,850,000
182 Cornelia St, Brooklyn 2,406 02/17/2022 $1,725,000
473 Central Ave, Brooklyn 4,500 02/20/1987
1169 Jefferson Ave, Brooklyn 2,700 11/17/2016 $1,237,500
475 Central Ave, Brooklyn 05/07/2025
120 Cornelia St, Brooklyn 1,984 06/26/1992
118 Cornelia St, Brooklyn 1,984 11/10/2021
188 Cornelia St, Brooklyn 2,430 02/01/2011
116 Cornelia St, Brooklyn 2,000 04/04/2014 $520,000
128 Cornelia St, Brooklyn 1,984 08/24/2000
124 Cornelia St, Brooklyn 1,984 12/20/2012 $445,000
479 Central Ave, Brooklyn 5,150 12/29/2025 $4,000
467 Central Ave, Brooklyn 4,500 02/26/2026 $1,900,000
128 A Cornelia St, Brooklyn 2,000 07/06/2002
126 Cornelia St, Brooklyn 1,984 05/07/1992
122 Cornelia St, Brooklyn 1,984 10/21/1995
1167 Jefferson Ave, Brooklyn 2,700 11/19/2024 $1,209,000
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