New York City  »  11218  »  E 7th St  »  498 E 7th St

498 East 7th Street, Brooklyn, NY 11218 - Property report

Also known as: 498 E 7th St

Property image for 498 East 7th Street, Brooklyn, NY 11218
static Mapbox map

Property type

Two Family Frame (B2)

Year built

1925

Lot sq. ft.

2,667

Sale price

$900,000

General information

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Address
Primary address
498 East 7th Street
Alternate address(es)
498 Garage E 7th St
ZIP code
11218
Neighborhood
Kensington
Borough
Brooklyn
Block & lot
05375-0031

Owner

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Building
Property type
Two Family Frame (B2)
Building sq. ft.
1,954
Building dimensions
18 ft x 38 ft
Buildings on lot
1
Stories
3
Year built
1925
Building material
Frame
Exterior wall
Composition
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
06/19/2017
Sale price
$900,000
Tax
Tax year
2026-2027
Property tax
$7,589
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 7 Street (narrow)
Nearest wide street
Ocean Parkway
Distance to wide street
Lot dimensions
26.67 ft x 100 ft
Lot sq. ft.
2,667

Area overview

Walk score
83 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
20
Community district
12
Closest police station
0.63 Miles
Closest fire station
0.28 Miles

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

Ownership

Ownership information for 498 East 7th 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 498 East 7th Street, Brooklyn, NY 11218

Sale date Sale price Buyer name Seller name
06/19/2017 $900,000 XXXXXXX, XXXXXXXX XXX XXXXX, XXXX XX X-XX XXXXX XXX XXXXX XXXXXXX, XX 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
07/11/2017 - R
06/19/2017 - D		 Mortgage
(2017071100346002)		 XXXXXXX XXXXXXXX XXXXXXXX XXXXX XXXX X X
07/11/2017 - R
06/19/2017 - D		 Deed
(2017071100346001)		 XX XXX XXXXX XXXXXXX XXXXXXXX
04/27/2007 - R
04/13/2007 - D		 Deed
(2007042300957001)		 XXXXXXXXX XXXXXXXXX XXXXX XXXXXXX
05/21/1999 - R Satisfaction of Mortgage
(3010006626301)		 XXXXXXXXX XXXXX XXXXX XXXXX XXXXXXXXXXX
12/27/1985 - R Satisfaction of Mortgage
(3220001134922)		 XXXXXX XXXX X XXXXX XXXXX XXXXXXXXXXX
09/05/1985 - R Mortgage
(3510001110251)		 XXXXXXXXX XXXXX XXXXX XXXXX XXXX XXXX
09/05/1985 - R Deed
(3500001110250)		 XXXXXXXXX XXXXXXX XXXXXXXXX XXXXX XXX
09/05/1985 - R Power of Attorney
(3490001110249)		 XXXXXXXXX XXXXX XXX XXXXXXX XXXXXXX X
01/04/1984 - R Satisfaction of Mortgage
(3720000995572)		 XXXXXXXXX XXXXXXX XXXXXX XXXX X
05/12/1983 - R Mortgage
(3310000959231)		 XXXXXXXXX XXXXXXX XXXXXX XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 498 East 7th 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
$7,589
Municipal exemptions
Recent tax assessments
Market value
$1,820,000
Assessed value
$109,200

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 $1,764,000 $105,840 $36,080 19.843% $7,159 $7,159 +4.72%
2024/25 $1,639,000 $98,340 $34,038 20.085% $6,837 $6,837 0.00%
2023/24 $1,716,000 $102,960 $34,038 20.085% $6,837 $6,837 -0.35%
2022/23 $1,681,000 $100,860 $33,780 20.309% $6,860 $6,860 +7.83%
2021/22 $1,572,000 $94,320 $31,870 19.963% $6,362 $6,362 +0.54%
2020/21 $1,337,000 $80,220 $30,067 21.045% $6,328 $6,328 +5.39%
2019/20 $1,063,000 $63,780 $28,365 21.167% $6,004 $6,004 +1.19%
2018/19 $1,275,000 $76,500 $28,365 20.919% $5,934 $5,934 +3.40%
2017/18 $808,000 $48,480 $28,150 20.385% $5,738 $5,738 +8.08%
2016/17 $785,000 $47,100 $26,558 19.991% $5,309 $5,309 +8.36%
Permits

Permit information for 498 East 7th Street, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
01/12/2026 Alteration

*Most recent permit on record for this property.

More about New York City property records

Violations

HPD Violations

No recently recorded violations for this property.

Neighborhood

Kensington, Ocean Parkway residential market stats

Access a detailed real estate market overview of Kensington, Ocean Parkway so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Kensington, Ocean Parkway 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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
McDonald Ave & Cortelyou Rd at SE Corner
Station lines
F
Distance (miles)
0.359
View subway map

Access the detailed traffic volume map for 498 East 7th Street, Brooklyn, NY 11218 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. 179 Kensington 5 Yes Public PK, K-5 668 0.26
P.S. 179 Kensington 5 Yes Public PK, K-5 668 0.26
Yeshiva Torah Vodaath NR No Private K-8 0 0.17
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.18
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.18
Bonim Lamokom NR No Private 35 0.19
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.33
P.S. 889 4 No Public PK, K-5 386 0.35
P.S. 889 4 No Public PK, K-5 386 0.35
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 62 Ditmas 7 Yes Public 6-8 900 0.11
Yeshiva Torah Vodaath NR No Private K-8 0 0.17
Mesivta Torah Vodaath NR No Private PK, K-8 432 0.18
Bonim Lamokom NR No Private 35 0.19
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.33
Middle 890 7 No Public 6-8 301 0.35
Yeshivat Shaare Torah Girls Elementary School NR No Private PK-8 435 0.35
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Torah Vodaath High School NR No Private 9-12 0 0.17
Bonim Lamokom NR No Private 35 0.19
Talmudical Yeshiva of Philadel NR No Private 9-12 0 0.32
Yeshiva & Mesivta Torah Temimah NR No Private PK, K-12 622 0.33
Bnos Yerushalayim School NR No Private PK-12 1,156 0.37

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 498 East 7th Street, Brooklyn, NY

494 E 7th St, Brooklyn 490 E 7th St, Brooklyn 522 E 7th St, Brooklyn 629 Cortelyou Rd, Brooklyn 486 E 7th St, Brooklyn 526 E 7th St, Brooklyn 627 Cortelyou Rd, Brooklyn 502 E 7th St, Brooklyn 506 E 7th St, Brooklyn 514 E 7th St, Brooklyn 482 E 7th St, Brooklyn 474 E 7th St, Brooklyn 470 E 7th St, Brooklyn 462 E 7th St, Brooklyn 478 E 7th St, Brooklyn 458 E 7th St, Brooklyn 510 E 7th St, Brooklyn 518 E 7th St, Brooklyn 524 E 7th St, Brooklyn 466 E 7th St, Brooklyn

Nearby ZIP codes for 498 East 7th Street, Brooklyn, NY

11201, New York City, NY 11203, New York City, NY 11204, New York City, NY 11205, New York City, NY 11210, New York City, NY 11213, New York City, NY 11214, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11219, New York City, NY 11220, New York City, NY 11223, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11230, New York City, NY 11231, New York City, NY 11232, New York City, NY 11238, New York City, NY

Frequently asked questions

What is the year built for 498 East 7th Street, Brooklyn, NY 11218?

The development at 498 East 7th Street, Brooklyn, NY 11218 was built in 1925.

What is the total square footage of 498 East 7th Street, Brooklyn, NY 11218?

498 East 7th Street, Brooklyn, NY 11218 has a total of 1,954 square feet.

When was 498 East 7th Street, Brooklyn, NY 11218 last sold and what was the sale price?

498 East 7th Street, Brooklyn, NY 11218 was last sold on 06/19/2017 for $900,000.

What is the assessed value of 498 East 7th Street, Brooklyn, NY 11218?

498 East 7th Street, Brooklyn, NY 11218 is currently assessed at $109,200.

What are the property taxes for 498 East 7th Street, Brooklyn, NY 11218?

The property taxes for 498 East 7th Street, Brooklyn, NY 11218 total $7,588.

How many residential units does this building have?

This building has 2 residential unit(s).

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