Free account includes 3 full due diligence reports — no credit card requiredSign Up Free →
← Address Lookup
NYC Building Records · BBL 3050240048

498 FLATBUSH AVENUE

Brooklyn · Block 5024 · Lot 48 · Two-family + store (Class S2)

498 FLATBUSH AVENUE is a Class S2 (two-family + store) building in Brooklyn (BBL 3050240048) built in 1925, with 3 residential units across 3 floors.

The building is in NYC community district 309, council district 40, zoning district R7-1, on a 1,520-square-foot lot with a building footprint of 2,975 square feet.

The current registered owner of record per NYC PLUTO is 498 FLATBUSH AVENUE REALTY CORPORATION.

The most recent ACRIS deed transfer for this BBL was recorded on August 3, 2021 when Mitchell, Karen conveyed the property to 498 Flatbush Avenue Realty Corporation 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

498 FLATBUSH AVENUE REALTY CORPORATION

Most recent deed

Last transferred on Aug 3, 2021 to 498 Flatbush Avenue Realty Corporation.
Previous owner: Mitchell, Karen
Cash sale: no recorded mortgage tied to this transfer.
🔒 See full deed history for this building →

Recent ACRIS documents (last 3)

DateTypeAmountParties
Aug 3, 2021DEEDNot disclosedParties redacted — full names in MetroDeeds Scout+
Aug 25, 2010MTGE$545KParties redacted — full names in MetroDeeds Scout+
Aug 25, 2010DEED$600KParties redacted — full names in MetroDeeds Scout+
🔒 Unlock party names + multi-decade history →

Building stats

Units
3
Year built
1925
Class
S2
Borough
Brooklyn
Zoning:
R7-1
Lot size:
1,520 sqft
Building area:
2,975 sqft
Floors:
3
Assessed value:
$125K
Community district:
309
Council district:
40

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See full violation history →

Recent HPD violation details

Most recent 2 violations issued by NYC HPD at this address:
  • Class CInspected May 21, 2004
    SECTION 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES 3RD STORY APT. 2, KITCHEN AND BATHROOM.
  • Class CInspected May 21, 2004
    SECTION 27-2010,2011,2012 ADMIN. CODE: CLEANSE AND DISINFECT TO THE SATISFACTION OF THIS DEPARTMENT AFTER REMOVING THE CELLAR THROUGHOUT.
🔒 See full violation history with closure dates →

Recent ACRIS activity

3 documents in the last 5 years (most recent Aug 3, 2021).

Frequently asked questions about 498 FLATBUSH AVENUE

Who owns 498 FLATBUSH AVENUE?

The current registered owner of record for 498 FLATBUSH AVENUE per NYC PLUTO is 498 FLATBUSH AVENUE REALTY CORPORATION. The most recent ACRIS deed transfer for this BBL was recorded on August 3, 2021 when the property was conveyed to 498 Flatbush Avenue Realty Corporation. 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 498 FLATBUSH AVENUE last sold?

The most recent ACRIS deed transfer for 498 FLATBUSH AVENUE was recorded on August 3, 2021, when Mitchell, Karen conveyed the property to 498 Flatbush Avenue Realty Corporation for a non-disclosed consideration. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 498 FLATBUSH AVENUE have?

No open HPD housing-maintenance code violations are on record for 498 FLATBUSH AVENUE. 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 498 FLATBUSH AVENUE?

NYC Department of Finance assesses 498 FLATBUSH AVENUE at $125K 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 498 FLATBUSH AVENUE and what does that mean?

498 FLATBUSH AVENUE is NYC building class S2 — Two-family + store. A two-family dwelling with one store unit. 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.

More from MetroDeeds

Go deeper on this building

Open full Landlord Intel for 498 FLATBUSH AVENUE
Every deed, every violation, court cases, mortgages, and operator portfolio — in one panel.
Get the full deed history for 498 FLATBUSH AVENUE
3 free reports per month with a MetroDeeds account. No credit card required.
Sign Up Free