488 Leonard Street, Brooklyn
Industrial · built 1969 · Block 2698, Lot 7.
Building permits
- New Building — Large Residential, filed Aug 27, 2026, 96 units, 9 stories, described as “(please assign to the dev hub) proposing new 9 story 96 unit residential building”
- Alteration, filed Apr 22, 2026, estimated cost $3K, described as “Installation of an 8 foot construction fence.”
- Demolition, filed Apr 22, 2026, estimated cost $10K, described as “Full Demolition of existing building.”
Property taxes
- Assessment
- $540,000
- 2026–27 tax
- $49,301
- Market value (city estimate)
- $1,200,000
- Taxable value
- $454,470
- Assessed land
- $137,700
- Assessed improvements
- $402,300
Zoning
M1-2/R6A: floor area ratio 0.98 built, 3.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
In the news
Permits Filed for 488 Leonard Street in Greenpoint, Brooklyn, New York YIMBY, Oct 28, 2026.