New York City  »  11203  »  Albany Ave  »  497 Albany Ave

497 Albany Avenue, Brooklyn, NY 11203 - Property report

Also known as: 497 Albany Ave

Property image for 497 Albany Avenue, Brooklyn, NY 11203
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Property type

Single or Multiple Dwelling with Stores or Offices (S9)

Year built

1930

Lot sq. ft.

2,122

Sale price

$1,865,000

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 Albany Avenue
Alternate address(es)
497-505 Albany Ave
509 Albany Ave
640 Lefferts Ave
Show all
ZIP code
11203
Neighborhood
Wingate
Borough
Brooklyn
Block & lot
01428-0006

Owner

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Building
Property type
Single or Multiple Dwelling with Stores or Offices (S9)
Building sq. ft.
3,212
Building dimensions
80.6 ft x 20 ft
Buildings on lot
1
Stories
2
Year built
1930
Building material
Sales
Sale date
01/25/2024
Sale price
$1,865,000
Tax
Tax year
2026-2027
Property tax
$6,484
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
2
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
103.5 ft x 20.5 ft
Lot sq. ft.
2,122

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
17
Community district
9
Closest police station
0.40 Miles
Closest fire station
0.61 Miles

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

Ownership

Ownership information for 497 Albany Avenue, Brooklyn, NY

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

Sales history for 497 Albany Avenue, Brooklyn, NY 11203

Sale date Sale price Buyer name Seller name
01/25/2024 $1,865,000 XXX XXXXXX XXX XXXXX XXXX XXXXXXXX, XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
01/23/2025 - R
12/04/2024 - D		 Asgn of Asgn of L&R
(2024121900952002)		 XXXXXXX XXXXXXXX XXXXXX XXXXXXXXX XXXXXX XXXXXXX XXX
01/23/2025 - R
12/04/2024 - D		 Assignment, Mortgage
(2024121900952001)		 XXXXXXX XXXXXXXX XXXXXX XXXXXXXXX XXXXXX XXXXXXX XXX
02/16/2024 - R Initial UCC1
(2024021100005006)		 XXX XXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
02/20/2024 - R
01/26/2024 - D		 Termination of Assign of L&R
(2024021900006002)		 XXXXXXXXX XXXXXXX XXXX XXXXX XXXX XXXXXXXX XXX
02/20/2024 - R
01/26/2024 - D		 Satisfaction of Mortgage
(2024021900006001)		 XXXXX XXXX XXXXXXXX XXX XXXXXXXXX XXXXXXX XXXX
02/16/2024 - R
01/25/2024 - D		 Asgn of Asgn of L&R
(2024021100005005)		 XXXXXXXXX XXXXXX XXXXXXX XXX XXXXXXX XXXXXXXX XXXXXX
02/16/2024 - R
01/25/2024 - D		 Assignment, Mortgage
(2024021100005004)		 XXXXXXXXX XXXXXX XXXXXXX XXX XXXXXXX XXXXXXXX XXXXXX
02/16/2024 - R
01/25/2024 - D		 Assignment of Leases and Rents
(2024021100005003)		 XXX XXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
02/16/2024 - R
01/25/2024 - D		 Mortgage
(2024021100005002)		 XXX XXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
02/16/2024 - R
01/25/2024 - D		 Deed
(2024021100005001)		 XXXXX XXXX XXXXXXXX XXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 497 Albany Avenue, 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
$6,484
Municipal exemptions
Recent tax assessments
Market value
$770,000
Assessed value
$346,500

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 $642,000 $288,900 $48,263 12.439% $6,003 $6,003 -0.49%
2024/25 $535,200 $240,840 $48,263 12.5% $6,033 $6,033 +3.19%
2023/24 $446,000 $200,700 $46,764 12.502% $5,846 $5,846 +10.06%
2022/23 $372,000 $167,400 $43,302 12.267% $5,312 $5,312 +8.27%
2021/22 $297,700 $133,965 $40,095 12.235% $4,906 $4,906 +7.73%
2020/21 $289,000 $130,050 $37,125 12.267% $4,554 $4,554 -1.65%
2019/20 $241,000 $108,450 $37,125 12.473% $4,631 $4,631 +2.07%
2018/19 $201,000 $90,450 $35,972 12.612% $4,537 $4,537 +7.09%
2017/18 $174,000 $78,300 $33,309 12.719% $4,237 $4,237 +6.55%
2016/17 $158,000 $71,100 $30,842 12.892% $3,976 $3,976 +8.07%
Permits

Permit information for 497 Albany Avenue, Brooklyn, NY

Filing date Job type Job status Job description Initial cost
04/08/2013 Alteration type 2
02/19/2010 Alteration type 2
12/29/2003 Alteration type 2
12/29/2003 Alteration type 2
08/05/1991 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
01/06/1998 C-construction

*Most recent DOB violation 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
-

Subway & traffic

Closest station
Kingston Ave & Eastern Pkwy at SE Corner
Station lines
3
Distance (miles)
0.461
View subway map

Access the detailed traffic volume map for 497 Albany Avenue, Brooklyn, NY 11203 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 497 Albany Avenue, Brooklyn, NY

2109 A Pacific St, Brooklyn 1531 President St, Brooklyn 733 Empire Blvd, Brooklyn 2095 Pacific St, Brooklyn 2085 A Pacific St, Brooklyn 1396 Lincoln Pl, Brooklyn 1673 Sterling Pl, Brooklyn 2101 A Pacific St, Brooklyn 744 Lefferts Ave, Brooklyn 1805 Union St, Brooklyn 1241 Eastern Pkwy, Brooklyn 445 Troy Ave, Brooklyn 2074 Atlantic Ave, Brooklyn 2103 Pacific St, Brooklyn 2097 Pacific St, Brooklyn 2077 A Pacific St, Brooklyn 2077 Pacific St, Brooklyn 905 Empire Blvd, Brooklyn 1511 A President St, Brooklyn 1612 Lincoln Pl, Brooklyn

Nearby ZIP codes for 497 Albany Avenue, Brooklyn, NY

11206, New York City, NY 11207, New York City, NY 11210, New York City, NY 11212, New York City, NY 11213, New York City, NY 11215, New York City, NY 11216, New York City, NY 11217, New York City, NY 11218, New York City, NY 11221, New York City, NY 11225, New York City, NY 11226, New York City, NY 11229, New York City, NY 11230, New York City, NY 11233, New York City, NY 11234, New York City, NY 11236, New York City, NY 11237, New York City, NY 11238, New York City, NY 11239, New York City, NY

Frequently asked questions

What is the year built for 497 Albany Avenue, Brooklyn, NY 11203?

The development at 497 Albany Avenue, Brooklyn, NY 11203 was built in 1930.

What is the market value of 497 Albany Avenue, Brooklyn, NY 11203?

The current market value of 497 Albany Avenue, Brooklyn, NY 11203 is $770,000.

What is the total square footage of 497 Albany Avenue, Brooklyn, NY 11203?

497 Albany Avenue, Brooklyn, NY 11203 has a total of 3,212 square feet.

What is the price per square foot for this property?

$580 per square foot is the price for 497 Albany Avenue, Brooklyn, NY 11203.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

Disclaimer

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