488 Morgan Avenue, Brooklyn, New York, NY 11222


Address: 488 Morgan Avenue, Brooklyn, New York, NY 11222
Owner: RICHARDSON DIVISIONMO

488 Morgan Avenue, Brooklyn, New York, NY 11222 (Parcel #3028510001) is a property assessed by City of New York, Department of Finance (DOF). The owner is RICHARDSON DIVISIONMO. The assessed value is 2023200.

Property Overview

Borough-Block-Lot-Easement (BBLE) 3028510001
Borough: 3 (Brooklyn), Block: 2851, Lot: 1
Property Address 488 Morgan Avenue
Brooklyn
New York, NY 11222
Owner RICHARDSON DIVISIONMO
Building Class F4 (FACTORY; INDUSTRIAL SEMI-FIREPROOF)
Property Tax Class 4 (ALL OTHERS)
Lot Width 200
Extension Indicator E
Number of Stories 5
Assessment Year 2017/18
Estimated Market Value 4496000
Actual Assessed Total Value 2023200
(45% of estimated market value)
Transitional Assessed Total Value 1715040
Actual Exempt Total Value 201960
Transitional Exempt Total Value 201960
Exemption Code 1986 - ICIP IND/SPECIAL EX - Legal Reference: RPTL § 489
Building Width 200
Building Depth 71
Assessment Period When File Created FINAL

Assessment Information (year 2016)

Description Land Value Total Value
(Current) (Tentative) (New) (Current) (Tentative) (New)
Estimated Market Value 518000 518000 4494000 4496000
Actual Assessed Value 233100 233100 233100 2022300 2023200 2023200
Actual Exempt Value 0 0 0 0 201960 201960
Transitional Assessed Value 233100 233100 233100 1481580 1715040 1715040
Transitional Exempt Value 0 0 0 0 201960 201960
Estimated market value changed on 10/13/2016. Tentative assessed value changed on 10/13/2016. Final assessed value changed on 10/13/2016.

Property Assessment History

Year Estimated Market Value Increase % Assessed Land Value Assessed Total Value
2009/10 1010000 0.00% 454500 214650
2010/11 1070000 5.94% 481500 233100
2011/12 1812000 69.35% 815400 233100
2012/13 1902000 4.97% 855900 233100
2013/14 2660000 39.85% 1197000 233100
2014/15 3271000 22.97% 1471950 233100
2015/16 4135000 26.41% 1860750 233100
2016/17 4494000 8.68% 2022300 233100
2017/18 4496000 0.04% 2023200 233100

Property Location

Borough-Block-Lot-Easement (BBLE) 3028510001
Borough: 3 (Brooklyn), Block: 2851, Lot: 1
Property Address 488 Morgan Avenue
Brooklyn
New York, NY 11222
Borough Brooklyn
Zip Code 11222

Owner Overview

Owner RICHARDSON DIVISIONMO

Properties with the same owner

Value Address Owner
39150 355 Richardson Street, Brooklyn, New York, NY 11222 RICHARDSON DIVISIONMO

Competitor

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Zip Code 11222

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Dataset Information

Data Provider City of New York, Department of Finance (DOF)
Jurisdiction New York

This dataset includes 1.07 million properties assessed by City of New York, Department of Finance (DOF). The data contains property, or parcel, ownership together with value information, which ensures fair assessment of New York taxable and non-taxable property of all types and classifications. Each property is disclosed with parcel id, address, owner, mailing address, assessed value, etc.

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