New York City » 11221 » Central Ave » 497 Central Ave

497 Central Avenue, Brooklyn, NY 11221 - Property report

Also known as: 497 Central Ave

Property image for 497 Central Avenue, Brooklyn, NY 11221

Property type

Two Family Frame (B2)

Year built

1998

Lot sq. ft.

1,968

Sale price

$508,000

General information

Address

Primary address

497 Central Avenue

ZIP code

11221

Neighborhood

Bushwick

Borough

Brooklyn

Block & lot

03390-0111

Building

Property type

Two Family Frame (B2)

Building sq. ft.

1,960

Building dimensions

20 ft x 49 ft

Buildings on lot

Stories

Year built

1998

Building material

Frame

Exterior wall

Composition

Basement

Sales

Sale date

08/19/2014

Sale price

$508,000

Tax

Tax year

2026-2027

Property tax

$7,652

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

Central Avenue (narrow)
Hancock Street (narrow)

Nearest wide street

Bushwick Avenue

Distance to wide street

Lot dimensions

20.5 ft x 96 ft

Lot sq. ft.

1,968

Area overview

Walk score

87 /100. Very Walkable

Transit score

98 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

0.52 Miles

Closest fire station

0.28 Miles

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

Ownership

Ownership information for 497 Central Avenue, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 497 Central Avenue, Brooklyn, NY 11221

Sale date	Sale price	Buyer name	Seller name
08/19/2014	$508,000	XXX XXXXXXX XXX XXXX	XXXXXXX, XXXXX XXX XXXXXXX, XXXXX
11/08/2006	$630,000	XXXXXXX, XXXXX XXX XXXXXXX, XXXXX	XXXXXX, XXXXXXX XXX XXXXXX, XXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/07/2022 - R 02/18/2022 - D	Partial Release of Mortgage (2022031500356001)	XXXX XXXX XXXXXX XXXXXXXX XXX	XXXXXXXXX XXXX
01/10/2022 - R	UCC3 Termination (2022011000331001)	XXX XX XXX	XXXXXXXXX XXXX
03/08/2022 - R 11/30/2021 - D	Partial Release of Mortgage (2022021500632003)	XXX XX XXX	XXXXXXXXX XXXX
03/08/2022 - R 11/30/2021 - D	Mortgage (2022021500632002)	XXX XXXXXXX XXX	XX XXXX XXXXX XXX
03/08/2022 - R 11/30/2021 - D	Deed (2022021500632001)	XXX XX XXX	XXX XXXXXXX XXX
01/14/2022 - R 11/30/2021 - D	Mortgage Spreader Agreement (2022011000185001)	XXXXXXXXX XXXX	XXX XX XXX
01/14/2022 - R 11/17/2021 - D	Termination of Assign of L&R (2022011000185006)	XXXXXXXXX XXXX	XXX XX XXX
08/20/2020 - R	UCC3 Continuation (2020081901252001)	XXX XX XXX	XXXX XXXXX XXXX
03/07/2018 - R 02/28/2018 - D	Deed (2018030501253001)	XXX XXXXXXX XXX	XXX XX XXX
12/11/2017 - R 12/04/2017 - D	Deed (2017120700602001)	XXX XX XXX	XXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 497 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

$7,652

Municipal exemptions

Recent tax assessments

Market value

$890,000

Assessed value

$53,400

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	$1,007,000	$60,420	$36,383	19.843%	$7,219	$7,219	+4.72%
2024/25	$1,085,000	$65,100	$34,324	20.085%	$6,894	$6,894	0.00%
2023/24	$959,000	$57,540	$34,324	20.085%	$6,894	$6,894	-0.35%
2022/23	$1,039,000	$62,340	$34,063	20.309%	$6,918	$6,918	+7.84%
2021/22	$1,139,000	$68,340	$32,136	19.963%	$6,415	$6,415	+0.54%
2020/21	$1,094,000	$65,640	$30,319	21.045%	$6,381	$6,381	+5.39%
2019/20	$954,000	$57,240	$28,603	21.167%	$6,054	$6,054	+10.10%
2018/19	$1,206,000	$72,360	$26,286	20.919%	$5,983	$5,499	+11.01%
2017/18	$818,000	$49,080	$24,299	20.385%	$5,786	$4,953	+15.46%
2016/17	$606,000	$36,360	$21,461	19.991%	$5,354	$4,290	+20.73%

Permits

Permit information for 497 Central Avenue, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
09/16/1998	New building
09/16/1998	New building
03/24/1998	New building
09/25/1997	New building
06/11/1997	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
	10/02/2017	B
	10/02/2017	B
	10/02/2017	B

*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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Weirfield St & Broadway at NE Corner

Station lines

Distance (miles)

0.397

View subway map

Access the detailed traffic volume map for 497 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. 106 Edward Everett Hale	2	Yes	Public	PK, K-5	356	0.18
P.S. 106 Edward Everett Hale	2	Yes	Public	PK, K-5	356	0.18
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.22
P.S. 377 Alejandina B De Gautier	2	No	Public	PK, K-5	173	0.22
P.S. 377 Alejandina B De Gautier	2	No	Public	PK, K-5	173	0.22
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.25
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
P.S. 151 Lyndon B Johnson	5	No	Public	PK, K-5	276	0.27
P.S. 151 Lyndon B Johnson	5	No	Public	PK, K-5	276	0.27

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	0.34
Evergreen Middle School-Urban Exploration	4	No	Public	6-8	342	0.19
Achievement First North Brooklyn Prep Charter School	7	No	Charter	K-8	851	0.22
Bushwick Ascend Charter School	7	No	Charter	K-8	799	0.25
St. Marks Lutheran Schools	NR	No	Private	PK, K-8	0	0.26
P.S. 45 Horace E Greene	5	No	Public	PK, K-8	491	0.33
P.S. Is 384 Frances E Carter	3	No	Public	PK, K-8	346	0.40
All City Leadership Secondary School	8	No	Public	6-12	421	0.45
Jhs 383 Philippa Schuyler	7	No	Public	5-8	822	0.58
Achievement First Bushwick Charter School	7	No	Charter	K-8	938	0.58

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	0.34
Bushwick Community High School	2	No	Public	9-12	86	0.34
Bushwick School for Social Justice	2	No	Public	9-12	272	0.39
Brooklyn School For Math And Research	NR	No	Public	9-12	333	0.39
Academy for Environmental Leadership	2	No	Public	9-12	275	0.39
Academy Of Urban Planning	5	No	Public	9-12	403	0.39
All City Leadership Secondary School	8	No	Public	6-12	421	0.45
Brooklyn High School Law And Tech	3	No	Public	9-12	549	0.48
Excellence Girls Charter School	5	No	Charter	K-12	1,050	0.66
Charles Churn Christian Academy	NR	No	Private	PK, K-12	0	0.71

Frequently asked questions

What is the year built for 497 Central Avenue, Brooklyn, NY 11221?

The development at 497 Central Avenue, Brooklyn, NY 11221 was built in 1998.

What is the total square footage of 497 Central Avenue, Brooklyn, NY 11221?

497 Central Avenue, Brooklyn, NY 11221 has a total of 1,960 square feet.

When was 497 Central Avenue, Brooklyn, NY 11221 last sold and what was the sale price?

497 Central Avenue, Brooklyn, NY 11221 was last sold on 08/19/2014 for $508,000.

What is the assessed value of 497 Central Avenue, Brooklyn, NY 11221?

497 Central Avenue, Brooklyn, NY 11221 is currently assessed at $53,400.

What are the property taxes for 497 Central Avenue, Brooklyn, NY 11221?

The property taxes for 497 Central Avenue, Brooklyn, NY 11221 total $7,652.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.