New York City  »  11203  »  Clarkson Ave  »  488-498 Clarkson Ave

488-498 Clarkson Avenue, Brooklyn, NY 11203 - Property report

Also known as: 73-75 E 37th St

Property image for 488-498 Clarkson Avenue, Brooklyn, NY 11203
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Property type

Predominant Retail with Other Uses (K4)

Year built

1930

Lot sq. ft.

4,468

Sale price

$120,959

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
488-498 Clarkson Avenue
Alternate address(es)
73-75 E 37th St
ZIP code
11203
Neighborhood
East Flatbush
Borough
Brooklyn
Block & lot
04842-0001

Owner

Find out who owns 488-498 Clarkson Avenue, Brooklyn, NY 11203. Uncover corporate and individual owners with a free account.

Building
Property type
Predominant Retail with Other Uses (K4)
Building sq. ft.
4,468
Building dimensions
93.6 ft x 33 ft
Buildings on lot
1
Stories
1
Year built
1930
Last altered
2004
Building material
Sales
Sale date
01/01/2010
Sale price
$120,959
Tax
Tax year
2026-2027
Property tax
$86,111
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
93.58 ft x 47.75 ft
Lot sq. ft.
4,468

Area overview

Walk score
77 /100.  Very Walkable
Transit score
93 /100.  Rider's Paradise
Bike score
59 /100.  Bikeable
School district
18
Community district
17
Closest police station
0.63 Miles
Closest fire station
0.60 Miles

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

Ownership

Ownership information for 488-498 Clarkson Avenue, Brooklyn, NY

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

Sales history for 488-498 Clarkson Avenue, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
01/01/2010 $120,959 XXX-XXX XXXXXXXX XXXXXX X X X XXX XXXXXXX XXXXXXXXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/16/2010 - R
01/01/2010 - D		 Deed
(2010020900591001)		 XXX XXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XXXXXXXX XXXXXX X X X
09/26/2002 - R Assignment, Mortgage
(3560008873156)		 XXXXXXX XXXXXXXXXX XXXXXXX XX XXXX XXXXX
09/26/2002 - R Mortgage
(3890008871589)		 XXXXXXX XXXXXXXXXX XXXXXXX XX XXXX XXXXX
08/29/2002 - R Sundry Miscellaneous
(3180008778018)		 XXXXXXX XXXXXX XXXXXXXX XXXXXXX XXXXXXX XXX XXXX XXXXXXXXXXX
08/17/1992 - R Satisfaction of Mortgage
(3980001707498)		 XXXXXXX XXXXXX XXXXXXXX XXX XX XXXX
06/12/1987 - R Satisfaction of Mortgage
(3440001273444)		 XXXXXXX XXXXXXXXXX XX XXXXXXXXX XXXX XXXXXX
05/27/1987 - R Mortgage
(3290001268729)		 XXXXXXX XXXXXX XXXXXXXX XXX XX XXXX
02/10/1984 - R Mortgage
(3180001002318)		 XXXXXXX XXXXXXXXXX XX XXXXXXXXX XXXX XXX XX
02/09/1982 - R Deed
(3090000899209)		 XXXXXXXXX XXX XXXXXXX XXXXXXXXXX XXXX
02/08/1982 - R Mortgage
(3910000898991)		 XXXXXXX XXXXX XX XXX XXXXXXXX XXXX XX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488-498 Clarkson 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
$86,111
Municipal exemptions
Recent tax assessments
Market value
$1,764,000
Assessed value
$793,800

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 $1,625,000 $731,250 $731,250 10.848% $79,326 $79,326 +4.13%
2024/25 $1,573,000 $707,850 $707,850 10.762% $76,179 $76,179 -17.46%
2023/24 $1,954,000 $879,300 $871,296 10.592% $92,288 $92,288 +1.28%
2022/23 $1,902,000 $855,900 $855,900 10.646% $91,119 $91,119 +11.67%
2021/22 $1,686,000 $758,700 $758,700 10.755% $81,598 $81,598 -9.12%
2020/21 $2,171,000 $976,950 $839,600 10.694% $89,787 $89,787 +5.04%
2019/20 $2,203,000 $991,350 $811,258 10.537% $85,482 $85,482 +11.67%
2018/19 $2,156,000 $970,200 $728,098 10.514% $76,552 $76,552 +12.27%
2017/18 $1,803,000 $811,350 $648,538 10.514% $68,187 $68,187 +2.27%
2016/17 $1,444,000 $649,800 $630,538 10.574% $66,673 $66,673 -1.25%
Permits

Permit information for 488-498 Clarkson Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/07/2025 Alteration
10/22/2021 Alteration
10/07/2021 Alteration
10/04/2021 Alteration
09/09/2021 Alteration

*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
-

Subway & traffic

Closest station
Nostrand Ave & Winthrop St at NE Corner
Station lines
2-5
Distance (miles)
0.379
View subway map

Access the detailed traffic volume map for 488-498 Clarkson Avenue, 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 488-498 Clarkson Avenue, Brooklyn, NY

100 E 38th St, Brooklyn 508 Clarkson Ave, Brooklyn 108 E 38th St, Brooklyn 84 E 38th St, Brooklyn 92 E 38th St, Brooklyn 309 Lenox Rd, Brooklyn 341 Lenox Rd, Brooklyn 500 Clarkson Ave, Brooklyn 86 E 38th St, Brooklyn 94 E 38th St, Brooklyn 315 Lenox Rd, Brooklyn 363 Lenox Rd, Brooklyn 297 Lenox Rd, Brooklyn 339 Lenox Rd, Brooklyn 102 E 38th St, Brooklyn 319 Lenox Rd, Brooklyn 96 E 38th St, Brooklyn 450 Clarkson Ave, Brooklyn

Nearby ZIP codes for 488-498 Clarkson Avenue, 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 488-498 Clarkson Avenue, Brooklyn, NY 11203?

The development at 488-498 Clarkson Avenue, Brooklyn, NY 11203 was built in 1930.

What is the market value of 488-498 Clarkson Avenue, Brooklyn, NY 11203?

The current market value of 488-498 Clarkson Avenue, Brooklyn, NY 11203 is $1,764,000.

What is the total square footage of 488-498 Clarkson Avenue, Brooklyn, NY 11203?

488-498 Clarkson Avenue, Brooklyn, NY 11203 has a total of 4,468 square feet.

What is the price per square foot for this property?

$27 per square foot is the price for 488-498 Clarkson Avenue, Brooklyn, NY 11203.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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