# 488 Leonard Street, Brooklyn

Industrial · built 1969 · Block 2698, Lot 7.

On Umarelli: https://umarelli.org/nyc/3026980007/488-leonard-street

More construction in Greenpoint: https://umarelli.org/nyc/brooklyn/greenpoint.md

## 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](https://newyorkyimby.com/2026/10/permits-filed-for-488-leonard-street-in-greenpoint-brooklyn.html), New York YIMBY, Oct 28, 2026.

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