NYC property data › Brooklyn › East New York & Cypress Hills › 485 New Lots Avenue

485 New Lots Avenue

East New York & Cypress Hills, Brooklyn · Mixed residential & commercial · BBL 3038430014

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3Units (2 residential)
2Floors
4,838Building sq ft
1,750Lot sq ft
1930Year built
R6Zoning
2.76 of 4.80Built FAR
2016Last sale
0DOB permits
0Open violations

Who owns this building?

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Sales history

RecordedDocumentAmount
2016-08-30Deednot recorded
2016-08-19Deednot recorded
2015-04-23Deednot recorded
2014-02-10Deed$448,030
2007-07-06Deednot recorded
1980-05-13Deednot recorded
1980-05-13Deednot recorded
1979-11-19Deednot recorded
1979-08-02Deednot recorded
1974-09-10Deednot recorded
1974-04-19Deednot recorded
1969-06-04Deednot recorded

Source: NYC ACRIS. A $0 amount means the deed records no consideration — common on estate, correction and in-family transfers, and not a sale price of zero.

Motivated-Seller Score

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Owner debt & loan position

The most recent open mortgage recorded against this lot, when it was recorded, and how far into its term it is.

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Who finances deals like this

The lenders with the most recorded mixed use mortgages in Brooklyn since 2021, from public ACRIS filings.

  1. Emigrant Funding Corporation — 91 loans, typically $301K–$861K
  2. Velocity Commercial Capital, LLC — 85 loans, typically $413K–$875K
  3. Habib American Bank — 67 loans, typically $380K–$1M
  4. Connectone Bank — 72 loans, typically $310K–$900K
  5. Modern Bank, N.a. — 31 loans, typically $208K–$1M
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Other lots on this block

Recent sales in East New York & Cypress Hills

East New York & Cypress Hills commercial real-estate market data →

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Compiled from NYC Open Data: PLUTO (lot and building attributes), ACRIS (deeds and mortgages), DOB NOW (permits) and HPD (violations). Public record, presented as recorded; Crezly does not warrant it. BBL 3038430014 · data refreshed 2026-08-14

Development & air rights

58% Underbuilt — built floor area as a share of the estimated as-of-right maximum

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Estimated from NYC PLUTO zoning data. This is not a zoning analysis — confirm with a zoning attorney or architect before relying on it. As-of-right only: excludes bonuses, air-rights transfers and variances.