New York City  »  11223  »  Avenue Y  »  497 Avenue Y

497 Avenue Y, Brooklyn, NY 11223 - Property report

Also known as: 497 Avenue Y

Property image for 497 Avenue Y, Brooklyn, NY 11223
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Property type

Two Family Brick (B1)

Year built

1930

Lot sq. ft.

4,000

Sale price

$1,800,000

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
497 Avenue Y
Alternate address(es)
497 Garage Avenue Y
ZIP code
11223
Neighborhood
Gravesend
Borough
Brooklyn
Block & lot
07198-0041

Owner

Find out who owns 497 Avenue Y, Brooklyn, NY 11223. Uncover corporate and individual owners with a free account.

Building
Property type
Two Family Brick (B1)
Building sq. ft.
2,600
Building dimensions
20 ft x 65 ft
Buildings on lot
2
Stories
2
Year built
1930
Building material
Brick
Exterior wall
Brick/Masonary
Basement
4
Garage type
Detached, Frame Garage
Sales
Sale date
02/15/2018
Sale price
$1,800,000
Tax
Tax year
2026-2027
Property tax
$11,774
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
2
Residential sq. ft.
Lot
Frontage(s)
Avenue Y (wide)
Lot dimensions
40 ft x 100 ft
Lot sq. ft.
4,000

Area overview

Walk score
89 /100.  Very Walkable
Transit score
90 /100.  Rider's Paradise
Bike score
75 /100.  Very Bikeable
School district
21
Community district
15
Closest police station
0.49 Miles
Closest fire station
0.51 Miles

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

Ownership information for 497 Avenue Y, Brooklyn, NY

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

Sales history for 497 Avenue Y, Brooklyn, NY 11223

Sale date Sale price Buyer name Seller name
02/15/2018 $1,800,000 XXXXXX, XXXXX XXXXXXXXX, XXXXXXX XXX XXXX, XXXXXXXX XXX XXXX, 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
03/25/2019 - R
03/20/2019 - D
Deed
(2019032200363001)
XXXXXX XXXXX XXX XX XXXXXXXXXX XXX
02/21/2018 - R
02/15/2018 - D
Mortgage
(2018021600686002)
XXXXXX XXXXX X X XXXXX XXXX XXX
02/21/2018 - R
02/15/2018 - D
Deed
(2018021600686001)
XXXXXXXXX XXXXXXX XXXXXX XXXXX
06/24/1999 - R Deed
(3000006658400)
XXXX XXXXX XXXX XXXXXXXX
03/17/1970 - R Deed
(37030040000305)
XXXXXX XXXXX XXXXXXXXXX XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 497 Avenue Y, 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
$11,774
Municipal exemptions
Recent tax assessments
Market value
$1,536,000
Assessed value
$92,160

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 $1,474,000 $88,440 $58,294 19.843% $11,567 $11,567 +4.65%
2024/25 $1,719,000 $103,140 $55,033 20.085% $11,053 $11,053 +5.79%
2023/24 $1,581,000 $94,860 $52,022 20.085% $10,449 $10,449 +4.05%
2022/23 $1,695,000 $101,700 $49,446 20.309% $10,042 $10,042 +1.73%
2021/22 $1,424,000 $85,440 $49,446 19.963% $9,871 $9,871 -3.45%
2020/21 $1,619,000 $97,140 $48,578 21.045% $10,223 $10,223 +5.31%
2019/20 $1,512,000 $90,720 $45,861 21.167% $9,707 $9,707 +7.04%
2018/19 $1,398,000 $83,880 $43,352 20.919% $9,069 $9,069 +219.09%
2017/18 $1,153,000 $69,180 $13,942 20.385% $8,400 $2,842 +3.23%
2016/17 $854,000 $51,240 $13,772 19.991% $8,237 $2,753 +5.46%

Permit information for 497 Avenue Y, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
12/10/2025 B
12/07/2025 A
12/07/2025 B

*Most recent HPD violations on record for this property.

Gravesend residential market stats

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

Median sale price

$650,000

7% Y-o-Y

Median price/sq. ft.

$783

17.2% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
McDonald Ave & Avenue X at NE Corner
Station lines
F
Distance (miles)
0.358

Access the detailed traffic volume map for 497 Avenue Y, 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 216 Arturo Toscanini 6 Yes Public PK, K-5 690 0.15
P.S. 216 Arturo Toscanini 6 Yes Public PK, K-5 690 0.15
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.30
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.30
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.34
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.34
Big Apple Academy NR No Private TK-8 888 0.40
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.50
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Is 303 Herbert S Eisenberg 4 Yes Public 6-8 383 0.50
Ahi Ezer Yeshiva School NR No Private PK-8 149 0.18
Our Lady of Grace Catholic Academy NR No Private PK-8 185 0.30
P.S. 209 Margaret Mead 6 No Public PK, K-8 729 0.34
Big Apple Academy NR No Private TK-8 888 0.40
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.50
P.S. 95 The Gravesend 7 No Public K-8 940 0.62
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.69
Yeshivat Or Hatorah NR No Private PK, K-12 44 0.78
P.S. 370 NR No Public K-12 246 0.78
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Abraham Lincoln High School 4 Yes Public 9-12 2,129 0.42
Yeshivat Magen Abraham NR No Private 9-12 39 0.15
Harma Inst of Secondary Education NR No Private 12 0 0.33
William E Grady Career And Technical Education High School 3 No Public 9-12 606 0.44
Coney Island Preparatory Public Charter School 5 No Charter K-12 1,253 0.50
Rachel Carson High School For Coastal Studies 5 No Public 9-12 595 0.50
Yda Elite High School NR No Private 9-12 0 0.62
P.S. 721 Brooklyn Occupational Training Center NR No Public K-3, 5-7, 9-12 454 0.69
Torah Academy High School NR No Private 9-12 16 0.73
John Dewey High School 4 No Public 9-12 2,150 0.73

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

Frequently asked questions

What is the year built for 497 Avenue Y, Brooklyn, NY 11223?

The development at 497 Avenue Y, Brooklyn, NY 11223 was built in 1930.

What is the total square footage of 497 Avenue Y, Brooklyn, NY 11223?

497 Avenue Y, Brooklyn, NY 11223 has a total of 2,600 square feet.

When was 497 Avenue Y, Brooklyn, NY 11223 last sold and what was the sale price?

497 Avenue Y, Brooklyn, NY 11223 was last sold on 02/15/2018 for $1,800,000.

What is the assessed value of 497 Avenue Y, Brooklyn, NY 11223?

497 Avenue Y, Brooklyn, NY 11223 is currently assessed at $92,160.

What are the property taxes for 497 Avenue Y, Brooklyn, NY 11223?

The property taxes for 497 Avenue Y, Brooklyn, NY 11223 total $11,773.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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