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481 Sheffield Ave; Brooklyn, NY Property Details

481 Sheffield Ave, Brooklyn, NY is a Quadruplex 4 Units that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 481 Sheffield Ave has 7 bedrooms, and 5 bathrooms, and a total of 3,198 square feet. The lot size of 481 Sheffield Ave is 2,375 square feet.

Off market
481 Sheffield Ave Brooklyn, NY 11207
$869,000 Listing Price
7 Beds
5 Baths
3,198 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $800,000
  • Open Loans / Balance: 1 / $2,164,724
  • Est. Equity / %: $-1,098,724 / -103.07%
  • APN: 03805-0007
  • Situs County: Kings
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 7
  • Bathrooms: 5

Structure

  • Stories: 2

Measurements

  • Total: 3,198/SqFt
  • Lot: 2,375/SqFt
  • Gross: 3,198/SqFt
  • Living: 3,198/SqFt
  • Building: 3,198/SqFt
  • Ground: 1,599/SqFt
  • Price Per Square Foot: $250.16
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New York City Department Of Education
  • Lat / Lon: 40.665108 / -73.895
  • Property Class: Residential
  • Zoning: R6
  • County Use Code: C3

Amenities

  • Plus Four: 5356

Ownership Info

481 Sheffield Ave has no associated ownership info
481 Sheffield Ave has no associated ownership info.

Taxes

481 Sheffield Ave has 10 associated Taxes items

481 Sheffield Ave, Brooklyn, NY pays taxes in Kings County, NY. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $221,850. The APN we've located for 481 Sheffield Ave is 03805-0007.

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Taxes
  • Assessed Value:  $221,850
  • Assessed Year:  2026
  • Assessed County:  Kings
  • APN:  03805-0007
  • Assessed Land Value:  12600
  • Market Land Value:  28000
  • Tax Amount:  4078.38
  • Tax Year:  2025
  • Market Value:  493000
  • Market Year:  2026

Tax History

481 Sheffield Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $221,850 Land Value $12,600 Improvement Value $209,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,078.38 Change Rate +0.033676% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $3,945.51 Change Rate +0.079421% Assessed CR Tax Rate
Year 2023 Assessed Value $161,100 Land Value $12,600 Improvement Value $148,500 Tax Amount $3,655.21 Change Rate +0.099361% Assessed CR Tax Rate +0.022689%
Year 2022 Assessed Value $166,500 Land Value $12,600 Improvement Value $153,900 Tax Amount $3,324.85 Change Rate +0.079918% Assessed CR Tax Rate +0.019969%
Year 2021 Assessed Value $150,660 Land Value $12,600 Improvement Value $138,060 Tax Amount $3,078.8 Change Rate Assessed CR Tax Rate +0.020435%
Year 2020 Assessed Value $122,040 Land Value $12,600 Improvement Value $109,440 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $122,040 Land Value $12,600 Improvement Value $109,440 Tax Amount $2,886.73 Change Rate +0.009177% Assessed CR Tax Rate +0.023654%
Year 2018 Assessed Value $22,490 Land Value $2,786 Improvement Value $19,704 Tax Amount $2,860.48 Change Rate +0.078702% Assessed CR Tax Rate +0.127189%
Year 2017 Assessed Value $20,849 Land Value $2,904 Improvement Value $17,945 Tax Amount $2,651.78 Change Rate +0.066188% Assessed CR Tax Rate +0.12719%
Year 2016 Assessed Value $19,306 Land Value $3,357 Improvement Value $15,949 Tax Amount $2,487.16 Change Rate Assessed CR Tax Rate +0.128828%
Year 2015 Assessed Value $19,306 Land Value $4,034 Improvement Value $15,272 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $18,674 Land Value $4,668 Improvement Value $14,006 Tax Amount Change Rate Assessed CR Tax Rate
Year 2012 Assessed Value Land Value Improvement Value Tax Amount $1,615.77 Change Rate Assessed CR Tax Rate