488 Ave P, Brooklyn, NY 11223 Property Records

New York City property record for 488 Ave P, Brooklyn, NY 11223

Property Summary

Property TypeMixed Use Commercial Office / Residential
Details1,850 sqft · built 1921
Lot Size0.032 acres (1,410 sqft)
OwnerCompany Name on Record
Last Sale$1,780,000 (Jul 2025)
Tax Bill$6,668 (2025)
Deeds & MortgagesDec 2023 Mortgage
May 2017 Mortgage
+ 1 more
APN06636-0006

Property Details

APN / Parcel Number

Primary APN06636-0006
Alternative APNs
  • 2003066360006
  • 3-06636-0006

Interior

Units4 Units
Stories2 Stories
Building Area1,850 sqft Gross Area
1st Floor Area945 sqft

Exterior

Year BuiltBuilt 1921
Effective Year BuiltEffective 1921
Lot Area1,410 sqft (0.032 acres)
Lot Dimensions78.3 ft deep x 18 ft wide

Location & Zoning

Account Number3-06636-0006
Street Address488 AVENUE P
CityBROOKLYN
StateNY
Zip11223-2002
Property CategoryCommercial
Property TypeCommercial > Office > Mixed Use Commercial Office / Residential
Local Zoning CodeR6A
Legal Block6636
Legal Lot Number6
JurisdictionKINGS (BROOKLYN) NY
Township / Civil DivisionBROOKLYN
Census Block Group1
Census Block1002
Census Tract42200

Owner

Source: New York City records, as of July 14, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address482 AVENUE P, BROOKLYN, NY 11223-2002
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Dec 18, 2023Deed of Trust, Mortgage
PROVIDENT TRUST GROUP LLC
May 18, 2017Deed of Trust, Mortgage · Commercial Mortgage
SANTANDER BANK, N A
May 2, 2017Loan Modification, Consolidation and Extension, Mortgage · Line of Credit
SANTANDER BK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 15, 2025 · Amount on Record
Deed SaleJul 15, 2025 · Amount on Record
Prior SaleJul 2, 2004 · Amount on Record
Record UpdatedOct 29, 2026

December 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address488 AVENUE P, BROOKLYN, NY 11223-2002
Transaction TypeMortgage
Record UpdatedDec 26, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000328453
DateDec 18, 2023
Instrument2023000328453
Lender
NamePROVIDENT TRUST GROUP LLC
Address8880 W SUNSET RD, LAS VEGAS, NV 89148
Agreement
AmountAmount Recorded

May 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKINGS (BROOKLYN) NY
Property Address488 AVENUE P, BROOKLYN, NY 11223-2002
Transaction TypeMortgage
Record UpdatedOct 26, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address490 AVENUE P, BROOKLYN, NY 11223-2002

Mortgage

Document Number0000188071
DateMay 18, 2017
Instrument2017000188071
Lender
NameSANTANDER BANK, N A
Address200 LIBERTY ST # 1717, NEW YORK, NY 10281
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

May 2017: Loan Modification, Consolidation and Extension, Mortgage

Document TypeLoan Modification, Consolidation and Extension
JurisdictionKINGS (BROOKLYN) NY
Property Address488 AVENUE P, BROOKLYN, NY 11223-2002
Document Number0000188072
Instrument DateMay 2, 2017
Transaction TypeMortgage
Record UpdatedJan 14, 2020
Title CompanyTITLE ISSUE AGENCY LLC

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address490 AVENUE P BROOKLYN NY 112232002, BROOKLYN, NY 11223-2002

Mortgage

Document Number0000188072
DateMay 18, 2017
Instrument188072
Lender
NameSANTANDER BK NA
TypeBank
AddressNEW YORK, NY 10281
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: New York City assessment roll, as of May 4, 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

YearTax BillAssessed ValueAssessed Market Value
2026$111,900 (+23.35%) Land $11,160 Building $100,740$1,865,000 (+23.35%) Land $186,000 Building $1,679,000
2025$6,668.00 (+6.01%)$90,720 (+17.03%) Land $11,160 Building $79,560$1,512,000 (+17.03%) Land $186,000 Building $1,326,000
2024$6,290.00 (+6%)
2023$5,934.00 (+0.07%)$77,520 (+27.42%) Land $11,160 Building $66,360$1,292,000 (+27.42%) Land $186,000 Building $1,106,000
2022$5,930.00$60,840 Land $11,160 Building $49,680$1,014,000 Land $186,000 Building $828,000

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer

FEMA Flood ZoneNot on file

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

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemNEW YORK CITY SYSTEM
serves 8,271,000 people · EPA ID NY7003493
Water SourceSurface water
Last State InspectionDec 2025
Lead10 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureUncovered finished water reservoir
currently in violation since Feb 2017
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 1,486 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Optimum
Fiber · Cable
8,000 / 8,000
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
T-Mobile
Fixed Wireless
100 / 20

May also be available: Starry.

Nearby Properties on Ave P

Nearby Streets

Search Property Records by Address or Parcel Number