498 PRESIDENT STREET
498 PRESIDENT STREET is a Class F5 (factory / industrial building) building in Brooklyn (BBL 3004470022) built in 1931, with 1 residential unit across 1 floor.
The building is in NYC community district 306, council district 39, zoning district M1-4/R6B, on a 4,000-square-foot lot with a building footprint of 4,000 square feet.
The current registered owner of record per NYC PLUTO is 498 IMMERSIVE LLC.
The most recent ACRIS deed transfer for this BBL was recorded on July 11, 2024 when 268 WATER STREET REALTY LLC conveyed the property to 498 IMMERSIVE LLC for $4.20M. 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
Activity timeline
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- M1-4/R6B
- Lot size:
- 4,000 sqft
- Building area:
- 4,000 sqft
- Floors:
- 1
- Assessed value:
- $192K
- Community district:
- 306
- Council district:
- 39
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 498 PRESIDENT STREET
Who owns 498 PRESIDENT STREET?
The current registered owner of record for 498 PRESIDENT STREET per NYC PLUTO is 498 IMMERSIVE LLC. The most recent ACRIS deed transfer for this BBL was recorded on July 11, 2024 when the property was conveyed to 498 IMMERSIVE LLC. 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 PRESIDENT STREET last sold?
The most recent ACRIS deed transfer for 498 PRESIDENT STREET was recorded on July 11, 2024, when 268 WATER STREET REALTY LLC conveyed the property to 498 IMMERSIVE LLC for $4.20M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 498 PRESIDENT STREET have?
No open HPD housing-maintenance code violations are on record for 498 PRESIDENT 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 498 PRESIDENT STREET?
NYC Department of Finance assesses 498 PRESIDENT STREET at $192K 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 PRESIDENT STREET and what does that mean?
498 PRESIDENT STREET is NYC building class F5 — Factory / industrial building. Factory / industrial building. 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.