487 Classon Ave, Brooklyn, NY 11238 Property Records

New York City property record for 487 Classon Ave, Brooklyn, NY 11238 · Last verified May 2026

Property Highlights

Property TypeCommercial > Retail > Boarding/Rooming House, Apt Hotel
Year BuiltBuilt 1930
Square Footage2,646 sqft Gross Area
Lot Size1,794 sqft (0.041 acres)
Last Sale$2,300,000 (2016)
Tax Bill$9,548.00 (2025)

Property Details

APN / Parcel Number

Primary APN01987-0004
Alternative APNs
  • 0703019870004
  • 3-01987-0004

Interior

Units16 Units
Building Area2,646 sqft Gross Area
1st Floor878 sqft 1st Floor
Stories3 Stories

Exterior

Year BuiltBuilt 1930
Effective Year BuiltEffective 1930
Lot Area1,794 sqft (0.041 acres)
Depth X Width92 ft x 19.5 ft Depth x Width

Location & Zoning

Account Number3-01987-0004
Street Address487 CLASSON AVE
CityBROOKLYN
StateNY
Zip11238-2524
Property UsageCommercial Property Usage
TypeCommercial > Retail > Boarding/Rooming House, Apt Hotel
Legal Block1987
Legal Lot Number4
JurisdictionKINGS (BROOKLYN) NY
Minor Civil DivisionBROOKLYN
Census Blockgroup4
Census Block4001
Census Tract22900

Owner

Source: New York City records · APN 01987-0004

Assessment roll updated May 4, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address137 MONTAGUE ST, 180, BROOKLYN, NY 11201-3548
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 14, 2016 · Amount on Record
Deed SaleApr 14, 2016 · Amount on Record
Prior SaleApr 02, 2010
Deed Doc Number2016130470
Record RefreshedJun 08, 2026

April 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address487 CLASSON AVE, BROOKLYN, NY 11238-2524
Transaction TypeMortgage
Record UpdatedAug 19, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address52 S OXFORD ST 2, 2, BROOKLYN, NY 11217-1305

Mortgage

Document Number0000129814
DateApr 18, 2018
Instrument2018000129814
Lender
NameSIGNATURE BANK
TypeBank
Address68 S SERVICE RD, MELVILLE, NY 11747
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: New York City records · Assessment roll updated May 4, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateNew York
CountyKings County
MunicipalityNew York City
Unified School DistrictNew York City Department Of Education (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$326,700 (+72.86%) Land $3,600 Building $323,100$726,000 (+72.86%) Land $8,000 Building $718,000
2025$9,548.00 (+7.98%)
2023$8,842.00$189,000 Land $3,600 Building $185,400$420,000 Land $8,000 Building $412,000

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneFEMA flood map data for this location is not available in our records

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Classon Ave

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