Kings  »  11223  »  Kings Hwy  »  492 Kings Hwy

492 Kings Highway, Brooklyn, NY 11223 - Property report

Also known as: 492 Kings Hwy

Property image for 492 Kings Highway, Brooklyn, NY 11223
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Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2020

Lot sq. ft.

5,250

Sale price

$1,704,329

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
492 Kings Highway
Alternate address(es)
492-500 Kings Hwy
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
06681-0119

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
22,597
Building dimensions
75 ft x 52 ft
Buildings on lot
1
Stories
5
Year built
2020
Building material
Sales
Sale date
07/02/2019
Sale price
$1,704,329
Tax
Tax year
2026-2027
Property tax
$14,834
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
12
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 70 ft
Lot sq. ft.
5,250

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
93 /100.  Rider's Paradise
Bike score
72 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.87 Miles
Closest fire station
0.61 Miles

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

Ownership

Ownership information for 492 Kings Highway, Brooklyn, NY

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

Sales history for 492 Kings Highway, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
07/02/2019 $1,704,329 XXX XXXXX XXXXXX, XXX XXXXX XXXXXX XXX XX XX X XX% XXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/17/2024 - R
07/03/2024 - D		 Sundry Miscellaneous
(2024070500312001)		 XXX XXXXX XXXXXX XXX
05/08/2024 - R Initial UCC1
(2024042100003006)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXXX XXXX
05/08/2024 - R
04/05/2024 - D		 Mortgage and Consolidation
(2024042100003005)		 XXX XXXXX XXXXXX XXX XXXXXXX XXXXXXXX XXXX
05/08/2024 - R
04/05/2024 - D		 Assignment, Mortgage
(2024042100003004)		 XX XX XXXXXXX XXX XXX XXXXXXX XXXXXXXX XXXX
05/08/2024 - R
04/05/2024 - D		 Assignment, Mortgage
(2024042100003003)		 XX XX XXXXXXX XXX XXX XXXXXXX XXXXXXXX XXXX
05/08/2024 - R
04/05/2024 - D		 Termination of Assign of L&R
(2024042100003002)		 XX XX XXXXXXX XXX XXX XXX XXXXX XXXXXX XXX
05/08/2024 - R
04/05/2024 - D		 Termination of Assign of L&R
(2024042100003001)		 XX XX XXXXXXX XXX XXX XXX XXXXX XXXXXX XXX
06/16/2021 - R
10/01/2020 - D		 Assignment of Leases and Rents
(2021061001541004)		 XXX XXXXX XXXXXX XXX XX XX XXXXXXX XXX XXX
06/16/2021 - R
10/01/2020 - D		 Mortgage
(2021061001541003)		 XXX XXXXX XXXXXX XXX XX XX XXXXXXX XXX XXX
06/16/2021 - R
10/01/2020 - D		 Assignment of Leases and Rents
(2021061001541002)		 XXX XXXXX XXXXXX XXX XX XX XXXXXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 492 Kings Highway, 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
$14,834
Municipal exemptions
Recent tax assessments
Market value
$4,997,000
Assessed value
$2,248,650

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 $4,571,000 $2,056,950 $119,250 12.439% $255,864 $14,834 -93.95%
2024/25 $4,357,000 $1,960,650 $1,960,650 12.5% $245,081 $245,081 +194.15%
2023/24 $1,489,000 $670,050 $666,450 12.502% $83,320 $83,320 +154.96%
2022/23 $608,000 $273,600 $266,400 12.267% $32,679 $32,679 +111.23%
2021/22 $305,000 $137,250 $126,450 12.235% $15,471 $15,471 +17.76%
2020/21 $305,000 $137,250 $122,850 10.694% $13,138 $13,138 +4.55%
2019/20 $265,000 $119,250 $119,250 10.537% $12,565 $12,565 -19.76%
2018/19 $331,000 $148,950 $148,950 10.514% $15,661 $15,661 -35.08%
2017/18 $809,000 $364,050 $229,430 10.514% $24,122 $24,122 +19.89%
2016/17 $450,000 $202,500 $190,277 10.574% $20,120 $20,120 +2.92%
Permits

Permit information for 492 Kings Highway, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
11/21/2023 Alteration
10/22/2023 Alteration
12/12/2022 Alteration
08/03/2022 Alteration
05/05/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
02/16/2022 Aeuhaz1-fail to certify class 1
02/16/2022 Aeuhaz1-fail to certify class 1
02/16/2022 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record 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
5

Subway & traffic

Closest station
McDonald Ave & Kings Hwy at SE Corner
Station lines
F
Distance (miles)
0.036
View subway map

Access the detailed traffic volume map for 492 Kings Highway, Brooklyn, NY 11223 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 492 Kings Highway, Brooklyn, NY

488 Kings Hwy, Brooklyn 486 Kings Hwy, Brooklyn 478 Kings Hwy, Brooklyn 25 Billings Pl, Brooklyn 512 Kings Hwy, Brooklyn 480 Kings Hwy, Brooklyn 490 Kings Hwy, Brooklyn 19 Colin Pl, Brooklyn 31 Billings Pl, Brooklyn 482 Kings Hwy, Brooklyn 1872 E 2nd St, Brooklyn 1876 E 2nd St, Brooklyn 21 Billings Pl, Brooklyn 19 Billings Pl, Brooklyn 482 A Kings Hwy, Brooklyn 23 Colin Pl, Brooklyn 23 Billings Pl, Brooklyn 508 Kings Hwy, Brooklyn 1868 E 2nd St, Brooklyn 15 Colin Pl, Brooklyn

Nearby ZIP codes for 492 Kings Highway, Brooklyn, NY

11203, New York City, NY 11204, New York City, NY 11209, New York City, NY 11210, New York City, NY 11214, New York City, NY 11215, New York City, NY 11218, New York City, NY 11219, New York City, NY 11220, New York City, NY 11224, New York City, NY 11225, New York City, NY 11226, New York City, NY 11228, New York City, NY 11229, New York City, NY 11230, New York City, NY 11232, New York City, NY 11234, New York City, NY 11235, New York City, NY 11697, New York City, NY

Frequently asked questions

What is the year built for 492 Kings Highway, Brooklyn, NY 11223?

The development at 492 Kings Highway, Brooklyn, NY 11223 was built in 2020.

What is the market value of 492 Kings Highway, Brooklyn, NY 11223?

The current market value of 492 Kings Highway, Brooklyn, NY 11223 is $4,997,000.

What is the total square footage of 492 Kings Highway, Brooklyn, NY 11223?

492 Kings Highway, Brooklyn, NY 11223 has a total of 22,597 square feet.

What is the price per square foot for this property?

$75 per square foot is the price for 492 Kings Highway, Brooklyn, NY 11223.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

How many active listings does 492 Kings Highway, Brooklyn, NY 11223 have?

This address has 1 active listing(s).

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