| Primary address | 481 Kings Highway |
| Secondary address | 475-481 Kings Hwy |
| Neighborhood | Gravesend |
| Zip code | 11223 |
| Borough | Brooklyn |
| Block & lot | 06658-0054 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/11/2026 |
| Purchase price | $6,800,000 |
| Tax class | Register |
| Estimated property tax | $83,942 |
| Lot sqft | 8,880 |
| Lot dimensions | |
| Building class | One Story Retail Building (K1)
|
| Building sqft | 6,814 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 1 |
| Year built | 1951 |
| Year last altered | 2002 |
| Construction type | Register |
| School district | 21 |
| Community district | 15 |
| Closest police station | 0.90 Miles |
| Closest fire station | 0.63 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:
You will find all alternate addresses for the property in this section.
This One Story Retail Building (K1) located at 481 Kings Highway, Brooklyn, NY 11223 has a total of 6,814 square feet and a current price per square foot of $997.
What is the year built & the current market value of 481 Kings Highway, Brooklyn, NY 11223?481 Kings Highway, Brooklyn, NY 11223 was built in 1951 and has a current tax assessor's market value of $1,769,000.
How many commercial spaces does this building have?This building has 2 commercial spaces available for lease. There are 1 active listings at this address.
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.
| Listing type | For Lease |
|---|---|
| Listing date | 12/09/2025 |
| Last updated | 04/07/2026 |
| Lot size | 0.204 Acre |
High Visibility - Busy Kings Hwy & McDonald Ave
Flexible Spaces - Three retail units
Easy Transit - Near bus & subway
Dynamic Area- Vibrant mix of shops, services & residences
Starbucks Co-Tenancy - Steady, diverse customer traffic
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Space Available | Retail | Listing price not available | 5,200 | Jonathan Lib Solomon Betesh |
Create a free account to view the complete sales history for 481 Kings Highway, 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 481 Kings Highway, Brooklyn, NY 11223. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $82,283 |
| Estimated property tax: | $83,942 |
| Tax assessor's market value: | $1,769,000 |
| Assessed value: | $796,050 |
Here's the assessment & property tax history for 481 Kings Highway, 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 | $1,769,000 | $796,050 | $758,510 | 10.848% | $82,283 | $82,283 | -1.85% |
| 2024/25 | $1,731,000 | $778,950 | $778,950 | 10.762% | $83,831 | $83,831 | +12.10% |
| 2023/24 | $1,569,000 | $706,050 | $706,050 | 10.592% | $74,785 | $74,785 | -14.88% |
| 2022/23 | $1,834,000 | $825,300 | $825,300 | 10.646% | $87,861 | $87,861 | +10.36% |
| 2021/22 | $1,645,000 | $740,250 | $740,250 | 10.755% | $79,614 | $79,614 | -4.62% |
The complete history of permits filed for 481 Kings Highway, 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: | 5 (See more on map) |
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Distance to Subway
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| Closest station | McDonald Ave & Kings Hwy at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.035 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Kings Hy/Mc Donald Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 481 Kings Highway, Brooklyn, NY 11223.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1939 MC Donald Ave, Brooklyn | 2,500 | 01/29/2020 | $2,925,000 |
| 1965 McDonald Ave, Brooklyn | 4,704 | 10/12/2001 | |
| 499 Kings Hwy, Brooklyn | 2,842 | 11/04/2013 | |
| 1838 E 2nd St, Brooklyn | 3,516 | ||
| 1826 E 2nd St, Brooklyn | 3,608 | 02/23/2022 | $2,150,000 |
| 1824 E 2nd St, Brooklyn | 3,608 | 02/23/2022 | $1,960,000 |
| 1820 E 2nd St, Brooklyn | 3,608 | 10/13/1983 | |
| 1945 MC Donald Ave, Brooklyn | 6,400 | 01/19/2012 | $750,000 |
| 3 Woodside Ave, Brooklyn | 03/08/1996 | ||
| 1834 E 2nd St, Brooklyn | 2,348 | 05/29/2025 | $2,700,000 |
| 1941 MC Donald Ave, Brooklyn | 2,604 | 01/29/2020 | $2,925,000 |
| 1935 MC Donald Ave, Brooklyn | 3,388 | 07/08/2024 | |
| 5 Woodside Ave, Brooklyn | 3,224 | 12/22/2015 | |
| 1967 MC Donald Ave, Brooklyn | 10,302 | 12/11/2017 | $4,200,000 |
| 1955 MC Donald Ave, Brooklyn | 6,877 | 05/14/1998 | |
| 1836 E 2nd St, Brooklyn | 3,516 | 03/03/2016 | $1,260,000 |
| 1830 E 2nd St, Brooklyn | 4,287 | 06/19/2012 | $680,000 |
| 485 Kings Hwy, Brooklyn | 17,078 | 07/07/1992 | |
| 495 Kings Hwy, Brooklyn | 2,575 | 07/12/2005 | $750,000 |
| 1937 MC Donald Ave, Brooklyn | 3,740 | 01/29/2020 | $2,925,000 |
