# 488 Broadway, Brooklyn

Vacant land · Block 2228, Lot 25.

On Umarelli: https://umarelli.org/nyc/3022280025/488-broadway

More construction in Williamsburg: https://umarelli.org/nyc/brooklyn/williamsburg.md

## Building permits

- New Building — Non-residential, filed Jul 31, 2024, 8 stories, described as “Proposed eight (8) story + cellar commercial / community facility use building.”
- Alteration, filed May 12, 2025, estimated cost $5K, described as “Installation of a heavy duty sidewalk shed as per plans in conjunction with general construction. No change in use, egress or occupancy. Sidewalk shed shall comply with 2022 NYC building code,chapter 33”
- Alteration, filed Aug 20, 2024, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Demolition, filed Jul 8, 2024, estimated cost $150K, described as “Full demolition to a one story building”

## Property taxes

- Assessment: $55,800
- 2026–27 tax: $6,053
- Market value (city estimate): $124,000
- Taxable value: $55,800
- Assessed land: $55,800

## Zoning

C8-2: floor area ratio 0.00 built, 2.00 allowed by base zoning.

## Recent sales

- May 9, 2024: $4,250,000

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