488 Central Avenue, Brooklyn, NY 11221

488 Central Avenue, Brooklyn, NY 11221 is a 2-story walk-up apartment building, built in 2003, with 3 residential units, on a 2,117 sq ft lot. The city's 2027 market value is $1,149,000. It last sold on 02/13/2025 for $1,650,000. City records list 8 violations, 3 mortgages and 1 sale for this lot.

1. 2027City market value set at $1,149,000
2. 02/13/2025Sold for $1,650,000
3. 2003Building completed

Address

488 Central Avenue

Borough

Brooklyn

Zip code

11221

Block & lot

03375-0138

BBL

3033750138

Condo number

—

Community district

304

School district

32

Council district

37

Historic district

—

Owner

Locked. Included in the full report.Unlock owner name for free

Property type

Walk-up apartments (C0)

Square feet

3,015 sq ft

Building dimensions

Locked. Included in the full report.

Stories

2

Year built

2003

Year altered

—

Residential units

3

Total units

3

Buildings on lot

1

Lot sq ft

2,117

Lot dimensions

21 ft x 100 ft

Zoning

Locked. Included in the full report.

FAR

Locked. Included in the full report.

Buildable area

Locked. Included in the full report.

Market value

$1,149,000

Tax year

2027

Last sale date

02/13/2025

Last sale price

$1,650,000

Tax amount

Locked. Included in the full report.

Loan amount

Locked. Included in the full report.

• Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
• Owner & contacts· 6 people and companiesOwner of record is an individualOwner of record, deed owners, mailing address, registered officers and managing agent, permit applicants.
• Sales history· 1 saleEvery priced sale on the lot, with unit and building class at the time of sale.
• Financials· 3 mortgagesOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
• Tax· 5 years of assessmentsAnnual tax bill, tax class and assessment history by roll year.
• Permits· 6 permitsBuilding permit filings, job types, status and estimated cost.
• DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
• Violations· 8 violationsOpen and closed housing and building violations with balances due.

When was 488 Central Avenue built?

488 Central Avenue was built in 2003, according to the city's lot file.

How many units does 488 Central Avenue have?

488 Central Avenue has 3 units across 2 stories.

When did 488 Central Avenue last sell?

It last sold on 02/13/2025 for $1,650,000, according to the city's recorded sales.

What is 488 Central Avenue worth?

The city's 2027 market value for 488 Central Avenue is $1,149,000. That is the city's assessment estimate, not an appraisal or an asking price.

Who owns 488 Central Avenue?

Create a free Hercules account to see the owner of record for 488 Central Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

• 1116 Madison StreetWalk-up apartments (C1) · 11,852 sq ft
• 1118 Madison StreetWalk-up apartments (C1) · 7,467 sq ft
• 1120 Madison StreetWalk-up apartments (C1) · 13,024 sq ft
• 452 Central AvenueGarage (G0) · —
• 454 Central AvenueWalk-up apartments (C0) · 2,100 sq ft
• 456 Central AvenueMixed residence and store (S2) · 2,700 sq ft
• 458 Central AvenueWalk-up apartments (C0) · 2,700 sq ft
• 460 Central AvenueTwo family dwelling (B1) · 2,242 sq ft

City market value and tax year

Market value is the city's estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

Latest recorded sale date: 02/13/2025

Refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed them.

Product facts · Market value, assessed value and sale price explained