# 488 Lafayette Avenue, Brooklyn

Health center · built 1956 · Block 1950, Lot 30.

On Umarelli: https://umarelli.org/nyc/3019500030/488-lafayette-avenue

More construction in Bedford-Stuyvesant: https://umarelli.org/nyc/brooklyn/bedford-stuyvesant.md

## Building permits

- Alteration, filed Feb 22, 2026, estimated cost $5K, described as “Application filed herewith for the installation of a temporary construction fence”
- Major Renovation — Enlargement, filed Oct 3, 2025, estimated cost $2.7M, 7 units added, 6 stories, described as “Application filed herewith to vertically and horizonally enlarge an existing one-story building into a six story + penthouse seven family residential building”

## Property taxes

- Assessment: $348,300
- 2026–27 tax: $33,838
- Market value (city estimate): $774,000
- Taxable value: $311,930
- Assessed land: $12,600
- Assessed improvements: $335,700

## Zoning

R7A (part of the lot is R6B): floor area ratio 1.00 built, 4.00 allowed by base zoning.

## Recent sales

- Aug 10, 2026: $2,200,000, 2,160 sq ft ($1,019 per sq ft)

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology