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481 Milford Street, Brooklyn, NY 11208 Property Information

481 Milford Street, Brooklyn, NY 11208 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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481 Milford Street, Brooklyn, NY 11208 1
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Address

Primary address 481 Milford Street
Secondary address 1044 Hegeman Ave
Neighborhood East New York
Zip code 11208
Borough Brooklyn
Block & lot 04480-0001

Sales & Tax Overview for 481 Milford Street, Brooklyn

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Purchase date 12/21/2022
Purchase price $535,000
Tax class
Estimated property tax $1,137

Lot & Building Information for 481 Milford Street, Brooklyn

Lot sqft 1,140
Lot dimensions 19 ft x 60 ft
Building class Primarily Two Family with One Store or Office (S2) i
Building sqft 1,957
Building dimensions 19 ft x 45 ft
Buildings on lot 1
Stories 2
Year built 1950
Construction type
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Zoning & Use for 481 Milford Street, Brooklyn

Zoning
Qualified opportunity zone
Residential units (DOF) 2
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 19
Community district 5
Closest police station 0.43 Miles
Closest fire station 0.47 Miles

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

Other Property Data for 481 Milford Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 481 Milford Street, Brooklyn, NY 11208, 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 Milford Street, Brooklyn, NY 11208, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1044 Hegeman Ave, Brooklyn, NY 11208

About 481 Milford Street, Brooklyn

How many square feet does 481 Milford Street, Brooklyn, NY 11208 have?

This Primarily Two Family with One Store or Office (S2) located at 481 Milford Street, Brooklyn, NY 11208 has a total of 1,957 square feet.

What is the year built & the current market value of 481 Milford Street, Brooklyn, NY 11208?

481 Milford Street, Brooklyn, NY 11208 was built in 1950 and has a current tax assessor's market value of $623,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 481 Milford Street, Brooklyn

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Property owner name for 481 Milford Street, Brooklyn, NY 11208
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Building contacts for 481 Milford Street, Brooklyn, NY 11208
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 481 Milford Street, Brooklyn

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

Purchase date Purchase price Buyer name Seller name
12/21/2022 $535,000

Title Documents for 481 Milford Street, 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
01/03/2026 - D
01/07/2026 - R
Deed
(2026010600794001)
12/21/2022 - D
12/28/2022 - R
Deed
(2022122300299001)
08/12/2015 - D
08/25/2015 - R
Tax Lien Sale Certificate
(2015082300036001)
08/13/2014 - D
08/20/2014 - R
Tax Lien Sale Certificate
(2014081300449001)
09/27/2004 - D
11/26/2004 - R
Deed, Other
(2004100602005001)
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R: Recorded date
D: Document date

Property Taxes for 481 Milford Street, Brooklyn

Access detailed property tax data for 481 Milford Street, Brooklyn, NY 11208. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,137
Estimated property tax: $1,137
Tax assessor's market value: $623,000
Assessed value: $37,380

Assessment History for 481 Milford Street, Brooklyn

Here's the assessment & property tax history for 481 Milford Street, 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 $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%

Permits for 481 Milford Street, Brooklyn

The complete history of permits filed for 481 Milford Street, 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
07/18/2024 Alteration
08/31/2023 Alteration
07/19/2023 Alteration
07/19/2023 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 Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 3 (See more on map)

Transportation

Distance to Subway
Closest station Ashford St & Livonia Ave at SW Corner
Station lines 3
Distance (miles) 0.48
View subway map
Bus Routes
Name Fountain Av/Hegeman Av
Line B15
Distance (miles) 0.084

Neighbors for 481 Milford Street, Brooklyn

Here are the neighbors for 481 Milford Street, Brooklyn, NY 11208.

Address Square feet Purchase date Purchase price
780 Logan St, Brooklyn 2,395 01/09/2020 $710,000
495 Milford St, Brooklyn 1,944 06/10/2021 $450,500
489 Montauk Ave, Brooklyn 2,104 04/21/2000
491 Montauk Ave, Brooklyn 1,224 08/04/2020
499 Montauk Ave, Brooklyn 1,921 12/23/2017
782 Logan St, Brooklyn 07/28/1981
489 Milford St, Brooklyn 1,710 10/03/2003
465 Montauk Ave, Brooklyn 1,358 01/29/2001
469 Montauk Ave, Brooklyn 700 09/27/2017 $250,000
477 Montauk Ave, Brooklyn 1,660 11/26/1997
778 Logan St, Brooklyn 1,200 07/17/2019 $550,000
2461 Linden Blvd, Brooklyn 2,640 12/09/2025 $735,000
798 Logan St, Brooklyn 2,040 12/27/2006 $590,000
495 Montauk Ave, Brooklyn 1,952 08/22/1997
493 Montauk Ave, Brooklyn 1,224 08/04/2020
509 Milford St, Brooklyn 2,024 02/25/2022 $730,000
499 Milford St, Brooklyn 1,216 07/28/2017 $425,000
479 Montauk Ave, Brooklyn 1,848 06/21/2010 $442,000
497 Milford St, Brooklyn 1,944 07/26/2011
471 Montauk Ave, Brooklyn 1,848 02/23/2007 $625,000
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