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498 East 7th Street, Brooklyn, NY 11218 Property Information

498 East 7th Street, Brooklyn, NY 11218 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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498 East 7th Street, Brooklyn, NY 11218 2
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Address

Primary address 498 East 7th Street
Secondary address 498 Garage E 7th St
Neighborhood Kensington
Zip code 11218
Borough Brooklyn
Block & lot 05375-0031

Sales & Tax Overview for 498 East 7th Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/19/2017
Purchase price $900,000
Tax class
Estimated property tax $7,588

Lot & Building Information for 498 East 7th Street, Brooklyn

Lot sqft 2,667
Lot dimensions 26.67 ft x 100 ft
Building class Two Family Frame (B2) i
Building sqft 1,954
Building dimensions 18 ft x 38 ft
Buildings on lot 1
Stories 3
Structure type Old style
Building material Frame
Exterior wall Composition
Basement type Full
Garage type Detached, frame garage
Year built 1925
Frontage(s) East 7 Street (narrow)
Nearest wide street Ocean Parkway
Distance to wide street
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Zoning & Use for 498 East 7th Street, Brooklyn

Zoning
Residential units (DOF) 2
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 20
Community district 12
Closest police station 0.63 Miles
Closest fire station 0.28 Miles

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

Other Property Data for 498 East 7th Street, Brooklyn

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Floor area ratio (FAR) for 498 East 7th Street, Brooklyn, NY 11218, 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 498 East 7th Street, Brooklyn, NY 11218, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 498 Garage E 7th St, Brooklyn, NY 11218

About 498 East 7th Street, Brooklyn

What is the year built & the total sq. ft. for 498 East 7th Street, Brooklyn, NY 11218?

498 East 7th Street, Brooklyn, NY 11218 was built in 1925 and has a total of 1,954 square feet.

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

Assessed at $105,840, the tax amount paid for 498 East 7th Street, Brooklyn, NY 11218 is $7,159. For the next year, the tax amount for 498 East 7th Street, Brooklyn, NY 11218 is estimated at $7,588.

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

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

How many residential units does this building have?

This building has 2 residential unit(s).

Ownership Information for 498 East 7th Street, Brooklyn

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Property owner name for 498 East 7th Street, Brooklyn, NY 11218
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Building contacts for 498 East 7th Street, Brooklyn, NY 11218
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 498 East 7th Street, Brooklyn

Create a free account to view the complete sales history for 498 East 7th Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
06/19/2017 $900,000

Title Documents for 498 East 7th Street, Brooklyn

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Date Type Amount Party 1 Party 2 Doc image
06/19/2017 - D
07/11/2017 - R
Mortgage
(2017071100346002)
06/19/2017 - D
07/11/2017 - R
Deed
(2017071100346001)
04/13/2007 - D
04/27/2007 - R
Deed
(2007042300957001)
05/21/1999 - R Satisfaction of Mortgage
(3010006626301)
12/27/1985 - R Satisfaction of Mortgage
(3220001134922)
09/05/1985 - R Mortgage
(3510001110251)
09/05/1985 - R Deed
(3500001110250)
09/05/1985 - R Power of Attorney
(3490001110249)
01/04/1984 - R Satisfaction of Mortgage
(3720000995572)
05/12/1983 - R Mortgage
(3310000959231)
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R: Recorded date
D: Document date

Property Taxes for 498 East 7th Street, Brooklyn

Access detailed property tax data for 498 East 7th Street, Brooklyn, NY 11218. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $7,159
Estimated property tax: $7,588
Tax assessor's market value: $1,764,000
Assessed value: $105,840

Assessment History for 498 East 7th Street, Brooklyn

Here's the assessment & property tax history for 498 East 7th 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 $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%

Permits for 498 East 7th Street, Brooklyn

The complete history of permits filed for 498 East 7th 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
01/12/2026 Alteration
         
         
         
         
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Kensington Residential Market Stats

Access a detailed real estate market overview of Kensington so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Kensington and compare it to other neighborhoods in Brooklyn.

Median Sale Price
$538,380
7.7% YoY
Median Price/Sqft
$740
28.4% YoY
Brooklyn Median Sale Price
$839,000
6.2% YoY

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

Risk

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

Transportation

Distance to Subway
Closest station McDonald Ave & Cortelyou Rd at SE Corner
Station lines F
Distance (miles) 0.359
View subway map
Bus Routes
Name Coney Island Av/Av C
Line B68
Distance (miles) 0.175

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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 © 2025. All rights reserved.

Neighbors for 498 East 7th Street, Brooklyn

Here are the neighbors for 498 East 7th Street, Brooklyn, NY 11218.

Address Square feet Purchase date Purchase price
494 E 7th St, Brooklyn 2,147 02/28/2017 $868,500
490 E 7th St, Brooklyn 2,321 01/28/1983
522 E 7th St, Brooklyn 1,865 09/01/2020
629 Cortelyou Rd, Brooklyn 4,140 10/17/1969
486 E 7th St, Brooklyn 3,220 05/20/1997
526 E 7th St, Brooklyn 1,626 12/19/2007 $635,500
627 Cortelyou Rd, Brooklyn 3,940 02/24/2015
502 E 7th St, Brooklyn 3,533 06/23/2022 $1,575,000
506 E 7th St, Brooklyn 3,533 03/21/2016
514 E 7th St, Brooklyn 1,929 05/13/1985
482 E 7th St, Brooklyn 3,322 11/08/2017
474 E 7th St, Brooklyn 3,297 12/10/2016
470 E 7th St, Brooklyn 3,273 10/12/2021
462 E 7th St, Brooklyn 3,322 12/24/1998
478 E 7th St, Brooklyn 3,322 07/22/1988
458 E 7th St, Brooklyn 3,322 11/30/2000
510 E 7th St, Brooklyn 3,533 07/08/2002
518 E 7th St, Brooklyn 1,626 11/02/2021
524 E 7th St, Brooklyn 3,148 11/02/2021
466 E 7th St, Brooklyn 3,322 06/23/2017
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