| Primary address | 488 Avenue P |
| Neighborhood | Gravesend |
| Zip code | 11223 |
| Borough | Brooklyn |
| Block & lot | 06636-0006 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 07/01/2025 |
| Purchase price | $1,780,000 |
| Tax class | Register |
| Estimated property tax | $6,953 |
| Lot sq. ft. | 1,410 |
| Lot dimensions | |
| Property type | Primarily One Family with One Store or Office (S1)
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| Building sqft | 1,850 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 2 |
| Year built | 1921 |
| Construction type | Register |
| School district | 21 |
| Community district | 15 |
| Closest police station | 1.10 Miles |
| Closest fire station | 0.53 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
This Primarily One Family with One Store or Office (S1) located at 488 Avenue P, Brooklyn, NY 11223 has a total of 1,850 square feet and a current price per square foot of $962.
What is the year built & the current market value of 488 Avenue P, Brooklyn, NY 11223?488 Avenue P, Brooklyn, NY 11223 was built in 1921 and has a current tax assessor's market value of $1,512,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 488 Avenue P, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 488 Avenue P, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $6,588 |
| Estimated property tax: | $6,953 |
| Tax assessor's market value: | $1,512,000 |
| Assessed value: | $90,720 |
Here's the assessment & property tax history for 488 Avenue P, 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 | $1,512,000 | $90,720 | $33,200 | 19.843% | $6,588 | $6,588 | +4.72% |
| 2024/25 | $1,435,000 | $86,100 | $31,321 | 20.085% | $6,291 | $6,291 | +6.00% |
| 2023/24 | $1,292,000 | $77,520 | $29,549 | 20.085% | $5,935 | $5,935 | +0.07% |
| 2022/23 | $1,014,000 | $60,840 | $29,203 | 20.309% | $5,931 | $5,931 | +1.73% |
| 2021/22 | $909,000 | $54,540 | $29,203 | 19.963% | $5,830 | $5,830 | +0.13% |
The complete history of permits filed for 488 Avenue P, 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.
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.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 6 (See more on map) |
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Distance to Subway
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| Closest station | McDonald Ave & Avenue P at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.185 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Kings Hy/Ocean Py | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 488 Avenue P, Brooklyn, NY 11223.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1709 E 3rd St, Brooklyn | 5,253 | 08/18/2020 | $3,600,000 |
| 1711 E 3rd St, Brooklyn | 5,865 | 08/18/2020 | $3,600,000 |
| 1719 E 3rd St, Brooklyn | 2,400 | 12/03/2020 | |
| 1715 E 3rd St, Brooklyn | 5,253 | 01/11/2017 | $1,730,000 |
| 1733 E 3rd St, Brooklyn | 2,400 | 09/23/2005 | $930,000 |
| 494 Avenue P, Brooklyn | 1,850 | 11/30/2023 | |
| 496 Avenue P, Brooklyn | 2,966 | 10/07/2019 | $850,000 |
| 1710 E 5th St, Brooklyn | 2,148 | 10/16/2009 | $1,500,000 |
| 474 Avenue P, Brooklyn | 8,200 | 03/10/1984 | |
| 1735 E 3rd St, Brooklyn | 2,400 | 01/31/2007 | |
| 490 Avenue P, Brooklyn | 1,922 | 07/01/2025 | $1,780,000 |
| 1726 E 5th St, Brooklyn | 2,400 | 12/06/1966 | |
| 1725 E 3rd St, Brooklyn | 2,400 | 03/31/2011 | |
| 492 Avenue P, Brooklyn | 1,850 | 11/30/2023 | |
| 1720 E 5th St, Brooklyn | 2,400 | 12/06/1999 | |
| 1729 E 3rd St, Brooklyn | 2,400 | 07/15/2011 | |
| 1718 E 5th St, Brooklyn | 2,400 | 02/12/2026 | |
| 1723 E 3rd St, Brooklyn | 2,400 | 03/31/2011 | |
| 1714 E 5th St, Brooklyn | 2,400 | 05/21/2015 | $999,999 |
| 1724 E 5th St, Brooklyn | 2,400 | 09/25/2012 | $875,000 |
