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487 Central Avenue, Brooklyn, NY 11221 Property Information

487 Central Avenue, Brooklyn, NY 11221 Property Information

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

Primary address 487 Central Avenue
Neighborhood Bushwick
Zip code 11221
Borough Brooklyn
Block & lot 03390-0117

Sales & Tax Overview for 487 Central Avenue, Brooklyn

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

Tax class
Estimated property tax $7,840

Lot & Building Information for 487 Central Avenue, Brooklyn

Lot sqft 3,033
Lot dimensions 30.33 ft x 100 ft
Building class Two Family Frame (B2) i
Building sqft 1,960
Building dimensions 20 ft x 49 ft
Buildings on lot 1
Stories 2
Structure type Row
Building material Frame
Exterior wall Composition
Basement type Full
Year built 1998
Frontage(s) Central Avenue (narrow)
Nearest wide street Bushwick Avenue
Distance to wide street
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Zoning & Use for 487 Central Avenue, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 32
Community district 4
Closest police station 0.50 Miles
Closest fire station 0.30 Miles

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

Other Property Data for 487 Central Avenue, Brooklyn

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Floor area ratio (FAR) for 487 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 487 Central Avenue, Brooklyn, NY 11221, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 487 Central Avenue, Brooklyn

What is the year built & the total sq. ft. for 487 Central Avenue, Brooklyn, NY 11221?

487 Central Avenue, Brooklyn, NY 11221 was built in 1998 and has a total of 1,960 square feet.

What is the assessed value of 487 Central Avenue, Brooklyn, NY 11221 and the property tax paid?

Assessed at $63,480, the tax amount paid for 487 Central Avenue, Brooklyn, NY 11221 is $7,380. For the next year, the tax amount for 487 Central Avenue, Brooklyn, NY 11221 is estimated at $7,840.

When was 487 Central Avenue, Brooklyn, NY 11221 last sold?

487 Central Avenue, Brooklyn, NY 11221 was last sold in 02/05/1999.

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 487 Central Avenue, Brooklyn

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Property owner name for 487 Central Avenue, Brooklyn, NY 11221
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Building contacts for 487 Central Avenue, Brooklyn, NY 11221
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 487 Central Avenue, Brooklyn

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No recorded sales for this property.

Title Documents for 487 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
03/05/2014 - D
03/18/2014 - R
Satisfaction of Mortgage
(2014030601055001)
01/12/2004 - D
04/16/2004 - R
Satisfaction of Mortgage
(2004011601329001)
09/30/2003 - D
01/07/2004 - R
Mortgage
(2003102701106001)
09/05/2003 - D
01/07/2004 - R
Subordination of Mortgage
(2003102701106002)
05/08/2000 - R Assignment, Mortgage
(3180007212718)
02/08/2000 - R Assignment, Mortgage
(3260007060226)
05/10/1999 - R Release
(3770006589077)
05/07/1999 - R Release
(3460006586446)
05/07/1999 - R Release
(3160006586416)
02/12/1999 - R Initial UCC1
(3000006456800)
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R: Recorded date
D: Document date

Property Taxes for 487 Central Avenue, Brooklyn

Access detailed property tax data for 487 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: $7,381
Estimated property tax: $7,840
Tax assessor's market value: $1,058,000
Assessed value: $63,480
Exemptions granted by city:

Assessment History for 487 Central Avenue, Brooklyn

Here's the assessment & property tax history for 487 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 $1,058,000 $63,480 $37,196 19.843% $7,663 $7,381 +3.79%
2024/25 $1,089,000 $65,340 $35,405 20.085% $7,380 $7,111 +0.17%
2023/24 $1,008,000 $60,480 $35,345 20.085% $7,380 $7,099 +0.75%
2022/23 $1,104,000 $66,240 $34,696 20.309% $7,343 $7,046 +8.04%
2021/22 $1,211,000 $72,660 $32,670 19.963% $6,809 $6,522 +0.72%

Permits for 487 Central Avenue, Brooklyn

The complete history of permits filed for 487 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.

No recorded permits for this property.

Bushwick Residential Market Stats

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

Median Sale Price
$775,000
-0.9% YoY
Median Price/Sqft
$921
2.3% YoY
Brooklyn Median Sale Price
$839,000
6.2% 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) 0.402
View subway map
Bus Routes
Name Wilson Av/Jefferson Av
Line B60
Distance (miles) 0.107

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.16
P.S. 106 Edward Everett Hale 2 Yes Public PK, K-5 356 0.16
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.20
P.S. 377 Alejandina B De Gautier 2 No Public PK, K-5 173 0.20
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.20

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 291 Roland Hayes 3 Yes Public 6-8 267 0.32
Achievement First North Brooklyn Prep Charter School 7 No Charter K-8 851 0.20
Evergreen Middle School-Urban Exploration 4 No Public 6-8 342 0.21
Bushwick Ascend Charter School 7 No Charter K-8 799 0.26
St. Marks Lutheran Schools NR No Private PK, K-8 0 0.27

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Math, Eng, Science Academy Charter High 5 No Charter 9-12 515 0.32
Bushwick Community High School 2 No Public 9-12 86 0.32
Brooklyn School For Math And Research NR No Public 9-12 333 0.38
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

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 487 Central Avenue, Brooklyn

Here are the neighbors for 487 Central Avenue, Brooklyn, NY 11221.

Address Square feet Purchase date Purchase price
1244 Jefferson Ave, Brooklyn 2,820 06/01/2022 $1,665,000
1248 Jefferson Ave, Brooklyn 2,679 04/22/2003 $404,500
520 Central Ave, Brooklyn 1,984 04/10/1992
1246 Jefferson Ave, Brooklyn 2,679 07/23/2018
483 Central Ave, Brooklyn 5,900 09/13/1966
1250 Jefferson Ave, Brooklyn 2,679 06/27/2025
518 Central Ave, Brooklyn 1,984 07/25/2002
1252 Jefferson Ave, Brooklyn 2,808 03/05/2024
1254 Jefferson Ave, Brooklyn 2,679 05/27/2011
530 Central Ave, Brooklyn 1,984 04/09/1992
528 Central Ave, Brooklyn 1,984 01/10/2014 $10
526 Central Ave, Brooklyn 1,984 06/05/2025 $900,000
512 Central Ave, Brooklyn 2,000 03/02/2017
485 Central Ave, Brooklyn 5,250 10/07/2009 $10,431,074
1258 Jefferson Ave, Brooklyn 2,679 06/07/2016
489 Central Ave, Brooklyn 1,944 02/05/1999
1256 Jefferson Ave, Brooklyn 2,691 02/08/2012 $530,000
524 Central Ave, Brooklyn 1,984 07/22/2021 $10,250,000
522 Central Ave, Brooklyn 1,984 02/19/2010
516 Central Ave, Brooklyn 1,984 07/07/1998
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