490 7th Street, Brooklyn
Co-op · 3 units · built c. 1887 · Block 1088, Lot 15.
Building permits
- Alteration, filed Feb 27, 2025, estimated cost $10K, described as “Filing to propose toilet and lavatory fixtures installation in existing walk-in closet area at apt #2. GC work under subsequent filing.”
- Alteration, filed Aug 6, 2024, estimated cost $50K, described as “Install new split a.c. System of existing 3-story building with mechanical work as per plans filed herewith. No change in use, egress or certificate of occupancy.”
Property taxes
- Assessment
- $937,800
- 2026–27 tax
- $31,690
- Market value (city estimate)
- $2,084,000
- Taxable value
- $286,862
- Assessed land
- $9,900
- Assessed improvements
- $927,900
Tax breaks
- Co-op and condo abatement, with no end date, a $4,174 credit this tax year.
Zoning
R6B: floor area ratio 1.74 built, 2.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 22, 2022: $1,317,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Park Slope Historic District Extension (Historic District). 3 Landmarks Preservation Commission permits are on file.