New York City  »  11203  »  E 49th St  »  988-992 E 49th St

988-992 East 49th Street, Brooklyn, NY 11203 - Property report

Also known as: 988-992 E 49th St

Property image for 988-992 East 49th Street, Brooklyn, NY 11203
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Property type

Factory - Light Manufacturing (F5)

Year built

1931

Lot sq. ft.

4,545

Sale price

$700,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
988-992 East 49th Street
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04786-0055

Owner

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Building
Property type
Factory - Light Manufacturing (F5)
Building sq. ft.
4,504
Building dimensions
50.33 ft x 89.5 ft
Buildings on lot
1
Stories
1
Year built
1931
Building material
Sales
Sale date
05/22/2013
Sale price
$700,000
Tax
Tax year
2026-2027
Property tax
$19,917
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.5 ft x 90 ft
Lot sq. ft.
4,545

Area overview

Walk score
85 /100.  Very Walkable
Transit score
80 /100.  Excellent Transit
Bike score
56 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.85 Miles
Closest fire station
0.91 Miles

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

Ownership

Ownership information for 988-992 East 49th Street, Brooklyn, NY

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

Sales history for 988-992 East 49th Street, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
05/22/2013 $700,000 XXX X XXXX XX XXXXXX XXX XXX XXXX XXXX XXXXXX XXXXXX XXXX. XXX XXX XXXX XXXX XXXXXX XXXXXX, XXX XXX XXXXXXX, XXXXXX XXX XXXXXXX, XXXXXXX XXX XXXXXXX, XXXXXXX XX XXX XXXXXXX, XXXXX
06/27/2005 $375,000 XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXX, XXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
11/10/2022 - R
11/08/2022 - D		 Agreement
(2022110900263002)		 XXX X XXXX XX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
11/10/2022 - R
11/08/2022 - D		 Mortgage
(2022110900263001)		 XXX X XXXX XX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
06/12/2013 - R
05/22/2013 - D		 Mortgage
(2013052900833002)		 XXX X XXXX XX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
06/12/2013 - R
05/22/2013 - D		 Deed
(2013052900833001)		 XXX XXXX XXXX XXXXXX XXXXXX XXXX XXX X XXXX XX XXXXXX XXX
07/17/2013 - R
05/20/2013 - D		 Satisfaction of Mortgage
(2013061901083001)		 XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXX XXXXXX
07/08/2005 - R
06/27/2005 - D		 Mortgage
(2005063001501002)		 XXX XXXX XXXX XXXXXX XXXXXX XXXX XXXXX XXXXXX
07/08/2005 - R
06/27/2005 - D		 Deed
(2005063001501001)		 XXXXX XXXXXX XXX XXXX XXXX XXXXXX XXXXXX XXXX
06/14/1972 - R Deed
(37230056200998)		 XXXXXXX XXXXXX XXXXX XXXXXX
07/30/1968 - R Deed
(36830078500107)		 XXXXXXX XXXXXX XXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 988-992 East 49th 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
$19,917
Municipal exemptions
Recent tax assessments
Market value
$408,000
Assessed value
$183,600

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 $422,000 $189,900 $183,240 10.848% $19,878 $19,878 +1.40%
2024/25 $461,000 $207,450 $182,160 10.762% $19,604 $19,604 +4.60%
2023/24 $435,000 $195,750 $176,940 10.592% $18,741 $18,741 +3.00%
2022/23 $397,000 $178,650 $170,910 10.646% $18,195 $18,195 +17.12%
2021/22 $321,000 $144,450 $144,450 10.755% $15,536 $15,536 -9.67%
2020/21 $410,000 $184,500 $160,830 10.694% $17,199 $17,199 +13.71%
2019/20 $403,000 $181,350 $143,550 10.537% $15,126 $15,126 +13.37%
2018/19 $368,000 $165,600 $126,900 10.514% $13,342 $13,342 +11.77%
2017/18 $326,000 $146,700 $113,535 10.514% $11,937 $11,937 +9.41%
2016/17 $280,000 $126,000 $103,182 10.574% $10,910 $10,910 +5.29%
Permits

Permit information for 988-992 East 49th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
07/30/2008 Alteration type 2
08/03/2005 Alteration type 1

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Neighborhood

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

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
4

Subway & traffic

Closest station
Nostrand Ave & Flatbush Ave at NE Corner
Station lines
2-5
Distance (miles)
0.956
View subway map

Access the detailed traffic volume map for 988-992 East 49th Street, Brooklyn, NY 11203 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

Neighbors for 988-992 East 49th Street, Brooklyn, NY

4808 Farragut Rd, Brooklyn 4816-4824 Farragut Rd, Brooklyn 1020 E 48th St, Brooklyn 4812 Farragut Rd, Brooklyn 1476 Utica Ave, Brooklyn 1004-1006 E 49th St, Brooklyn 4706 Farragut Rd, Brooklyn 998-1002 E 49th St, Brooklyn 4902 Farragut Rd, Brooklyn 4718 Farragut Rd, Brooklyn 994 E 49th St, Brooklyn 1006 E 48th St, Brooklyn 1008 E 49th St, Brooklyn 4802 Farragut Rd, Brooklyn 1469 Schenectady Ave, Brooklyn 998 E 48th St, Brooklyn 4702 Farragut Rd, Brooklyn 335 Maple St, Brooklyn 1461 Schenectady Ave, Brooklyn 1440 Utica Ave, Brooklyn

Nearby ZIP codes for 988-992 East 49th Street, Brooklyn, NY

11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11234, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11239, New York City, NY

Frequently asked questions

What is the year built for 988-992 East 49th Street, Brooklyn, NY 11203?

The development at 988-992 East 49th Street, Brooklyn, NY 11203 was built in 1931.

What is the market value of 988-992 East 49th Street, Brooklyn, NY 11203?

The current market value of 988-992 East 49th Street, Brooklyn, NY 11203 is $408,000.

What is the total square footage of 988-992 East 49th Street, Brooklyn, NY 11203?

988-992 East 49th Street, Brooklyn, NY 11203 has a total of 4,504 square feet.

What is the price per square foot for this property?

$155 per square foot is the price for 988-992 East 49th Street, Brooklyn, NY 11203.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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