New York City » 11215 » 4th Ave » 488 4th Ave

488 4th Avenue #Comm, Brooklyn, NY 11215 - Property report

Also known as: 488 4th Ave #Comm

Property image for 488 4th Avenue #Comm, Brooklyn, NY 11215

Property type

Retail Space (RK)

Year built

2017

Lot sq. ft.

2,553

Sale price

$330,000

General information

Address

Primary address

488 4th Avenue #Comm

ZIP code

11215

Neighborhood

Gowanus

Borough

Brooklyn

Block & lot

01021-1211

Building

Property type

Retail Space (RK)

Unit sq. ft.

421

Buildings on lot

Stories

Year built

2017

Sales

Sale date

03/03/2022

Sale price

$330,000

Tax

Tax year

2026-2027

Property tax

$5,626

Tax class

Zoning & Use

Qualified opportunity zone

Residential units

Commercial units

Lot

Lot sq. ft.

2,553

Area overview

Walk score

98 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

88 /100. Very Bikeable

School district

Community district

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

Ownership

Ownership information for 488 4th Avenue #Comm, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 488 4th Avenue #Comm, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
03/03/2022	$330,000	XXXX XXXXXXXX XXX	XXXXX XX XXX XXX XXX XX XXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
03/22/2022 - R 03/03/2022 - D	Deed (2022031501547001)	XXXXX XX XXX XXX	XXXX XXXXXXXX XXX
05/25/2022 - R 02/25/2022 - D	Satisfaction of Mortgage (2022051300722001)	XXXXX XX XXX XXX	XXXXX XXXXXXX XX XXX
08/04/2021 - R 06/26/2021 - D	Satisfaction of Mortgage (2021071401567004)	XXXXX XX XXX XXX	XXXXX XXXXX XXXX
03/23/2021 - R 03/12/2021 - D	Termination of Assign of L&R (2021031900790002)	XXXXX XXXXXXX XX XXX	XXXXX XX XXX XXX
03/23/2021 - R 03/12/2021 - D	Satisfaction of Mortgage (2021031900790001)	XXXXX XX XXX XXX	XXXXX XXXXXXX XX XXX
07/27/2020 - R	UCC3 Termination (2020072600074002)	XXXXX XX XXX XXX	XXXX XXXXXXXXX XXXXXXX XXX
07/27/2020 - R	Initial UCC1 (2020072600071001)	XXXXX XX XXX XXX	XXXXX XXXXXXX XX XXX
07/27/2020 - R 07/07/2020 - D	Sundry Miscellaneous (2020072600074004)	XX XXXXXXXXX XXXXXX X XXX
07/27/2020 - R 07/07/2020 - D	Sundry Miscellaneous (2020072600074003)	XX XXXXXXXXX XXXXXX X XXX
07/27/2020 - R 07/07/2020 - D	Termination of Assign of L&R (2020072600074001)	XXX XXX XXXXXX XXXXXX XXX	XXXXX XX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 4th Avenue #Comm, 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

$5,626

Municipal exemptions

Recent tax assessments

Market value

$136,000

Assessed value

$61,200

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	$132,145	$59,465	$46,916	10.848%	$5,089	$5,089	+9.50%
2024/25	$133,145	$59,915	$43,189	10.762%	$4,648	$4,648	+11.78%
2023/24	$91,000	$40,950	$39,257	10.592%	$4,158	$4,158	+3.33%
2022/23	$84,000	$37,800	$37,800	10.646%	$4,024	$4,024	+2.66%
2021/22	$81,000	$36,450	$36,450	10.755%	$3,920	$3,920	-5.12%
2020/21	$90,738	$40,832	$38,635	10.694%	$4,132	$4,132	n/a

Permits

Permit information for 488 4th Avenue #Comm, Brooklyn, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

4th Ave & 10th St at NW Corner

Station lines

Distance (miles)

0.082

View subway map

Access the detailed traffic volume map for 488 4th Avenue #Comm, Brooklyn, NY 11215 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 488 4th Avenue #Comm, Brooklyn, NY

1451 Sutter Ave, Brooklyn 175 Palmetto St, Brooklyn 55 Summit St, Brooklyn 160 Bay 53 St, Brooklyn 889 Bushwick Ave, Brooklyn 540 Waverly Ave, Brooklyn 57 Summit St, Brooklyn 26 Huntington St, Brooklyn 491 Bedford Ave, Brooklyn 161 Dupont St, Brooklyn 162 Bay 53 St, Brooklyn 340 Evergreen Ave, Brooklyn 1365 45th St, Brooklyn

Frequently asked questions

What is the year built for 488 4th Avenue #Comm, Brooklyn, NY 11215?

The development at 488 4th Avenue #Comm, Brooklyn, NY 11215 was built in 2017.

What is the market value of 488 4th Avenue #Comm, Brooklyn, NY 11215?

The current market value of 488 4th Avenue #Comm, Brooklyn, NY 11215 is $136,000.

What is the total square footage of 488 4th Avenue #Comm, Brooklyn, NY 11215?

488 4th Avenue #Comm, Brooklyn, NY 11215 has a total of 421 square feet.

What is the price per square foot for this property?

$783 per square foot is the price for 488 4th Avenue #Comm, Brooklyn, NY 11215.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.