488 MONTGOMERY STREET
488 MONTGOMERY STREET is a Class B1 (two-family brick) building in Brooklyn (BBL 3013090047) built in 1924, with 2 residential units across 2 floors.
The building is in NYC community district 309, council district 35, zoning district R6, on a 3,833-square-foot lot with a building footprint of 3,840 square feet.
The current registered owner of record per NYC PLUTO is THE PERETS PROPERTY TRUST.
The most recent ACRIS deed transfer for this BBL was recorded on May 7, 2024 when PERETS, MIRIAM; PERETS, MISHEL conveyed the property to THE PERETS PROPERTY TRUST for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 2)
Building stats
- Zoning:
- R6
- Lot size:
- 3,833 sqft
- Building area:
- 3,840 sqft
- Floors:
- 2
- Assessed value:
- $148K
- Community district:
- 309
- Council district:
- 35
HPD violations
Recent HPD violation details
- Class IInspected Oct 31, 2019§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Oct 18, 2018§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class IInspected Oct 13, 2015§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
- Class BInspected Oct 6, 1997D26-10.01, 10.05 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS BULKHEAD TO ROOF PUBLIC HALL.
- Class AInspected Oct 6, 1997D26-41.15 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND…
Recent ACRIS activity
Frequently asked questions about 488 MONTGOMERY STREET
Who owns 488 MONTGOMERY STREET?
The current registered owner of record for 488 MONTGOMERY STREET per NYC PLUTO is THE PERETS PROPERTY TRUST. The most recent ACRIS deed transfer for this BBL was recorded on May 7, 2024 when the property was conveyed to THE PERETS PROPERTY TRUST. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 488 MONTGOMERY STREET last sold?
The most recent ACRIS deed transfer for 488 MONTGOMERY STREET was recorded on May 7, 2024, when PERETS, MIRIAM; PERETS, MISHEL conveyed the property to THE PERETS PROPERTY TRUST for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 488 MONTGOMERY STREET have?
No open HPD housing-maintenance code violations are on record for 488 MONTGOMERY STREET. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 488 MONTGOMERY STREET?
NYC Department of Finance assesses 488 MONTGOMERY STREET at $148K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 488 MONTGOMERY STREET and what does that mean?
488 MONTGOMERY STREET is NYC building class B1 — Two-family brick. A two-family residential building of brick construction, typically owner-occupied. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.