New York City  »  11208  »  Milford St  »  481 Milford St

481 Milford Street, Brooklyn, NY 11208 - Property report

Also known as: 1044 Hegeman Ave

Property image for 481 Milford Street, Brooklyn, NY 11208
static Mapbox map

Property type

Primarily Two Family with One Store or Office (S2)

Year built

1950

Lot sq. ft.

1,140

Sale price

$535,000

General information

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Address
Primary address
481 Milford Street
Alternate address(es)
1044 Hegeman Ave
ZIP code
11208
Neighborhood
East New York
Borough
Brooklyn
Block & lot
04480-0001

Owner

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Building
Property type
Primarily Two Family with One Store or Office (S2)
Building sq. ft.
1,957
Building dimensions
19 ft x 45 ft
Buildings on lot
1
Stories
2
Year built
1950
Building material
Sales
Sale date
12/21/2022
Sale price
$535,000
Tax
Tax year
2026-2027
Property tax
$1,137
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19 ft x 60 ft
Lot sq. ft.
1,140

Area overview

Walk score
81 /100.  Very Walkable
Transit score
100 /100.  Rider's Paradise
Bike score
71 /100.  Very Bikeable
School district
19
Community district
5
Closest police station
0.43 Miles
Closest fire station
0.47 Miles

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Ownership information for 481 Milford Street, Brooklyn, NY

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

Sales history for 481 Milford Street, Brooklyn, NY 11208

Sale date Sale price Buyer name Seller name
12/21/2022 $535,000 XXXXXX, XXXXXXXXXXX XXX XXXXXX, XXXXX X XXXXXXXXX, XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/07/2026 - R
01/03/2026 - D
Deed
(2026010600794001)
XXXXXX XXXXXXXXXXX X XXXXXX XXXXXX XXXXX XXXXX XXXXXXX XXX XXXX
12/28/2022 - R
12/21/2022 - D
Deed
(2022122300299001)
XXXXXXXXX XXXX XXXXXX XXXXXXXXXXX
08/25/2015 - R
08/12/2015 - D
Tax Lien Sale Certificate
(2015082300036001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
08/20/2014 - R
08/13/2014 - D
Tax Lien Sale Certificate
(2014081300449001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
11/26/2004 - R
09/27/2004 - D
Deed, Other
(2004100602005001)
XXXXXXXXX XXXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 481 Milford Street, 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
$1,137
Municipal exemptions
Recent tax assessments
Market value
$564,000
Assessed value
$33,840

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 $623,000 $37,380 $5,730 19.843% $1,137 $1,137 -0.35%
2024/25 $515,000 $30,900 $5,681 20.085% $1,141 $1,141 +5.95%
2023/24 $615,000 $36,900 $5,362 20.085% $1,077 $1,077 +4.82%
2022/23 $588,000 $35,280 $5,059 20.309% $1,027 $1,027 +7.81%
2021/22 $509,000 $30,540 $4,775 19.963% $953 $953 -5.16%
2020/21 $322,000 $19,320 $4,775 21.045% $1,005 $1,005 +0.28%
2019/20 $280,000 $16,800 $4,734 21.167% $1,002 $1,002 +7.21%
2018/19 $300,000 $18,000 $4,468 20.919% $935 $935 +8.75%
2017/18 $280,000 $16,800 $4,216 20.385% $859 $859 +8.04%
2016/17 $233,000 $13,980 $3,979 19.991% $795 $795 +2.23%

Permit information for 481 Milford Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/18/2024 Alteration
08/31/2023 Alteration
07/19/2023 Alteration
07/19/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations for this property.

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% 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
3

Subway & traffic

Closest station
Ashford St & Livonia Ave at SW Corner
Station lines
3
Distance (miles)
0.48

Access the detailed traffic volume map for 481 Milford Street, Brooklyn, NY 11208 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

Frequently asked questions

What is the year built for 481 Milford Street, Brooklyn, NY 11208?

The development at 481 Milford Street, Brooklyn, NY 11208 was built in 1950.

What is the market value of 481 Milford Street, Brooklyn, NY 11208?

The current market value of 481 Milford Street, Brooklyn, NY 11208 is $564,000.

What is the total square footage of 481 Milford Street, Brooklyn, NY 11208?

481 Milford Street, Brooklyn, NY 11208 has a total of 1,957 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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